The Lakelands Real Estate Board released these MLS statistics comparing last years sales to 2017. The table below displays Muskoka's number of listings, number of listings sold, average sale price and average days on market. The second table specifically details waterfront property stats. Please note, these are MLS (Multiple Listing Services) listings only and do not include Exclusive Listings or private sales. The number of properties on the market has decreased each year over the last four selling seasons. The table above illustrates a further decline again in 2018 while prices have gone up due to lack of product. Therefore, according to the ...
MLS Stats Muskoka 2017-2018
March 8, 2019
Muskoka Real Estate Market Report 2018
January 28, 2019
It became obvious as 2018 wound down that the recreational market place was not immune to what was happening on the broader economic front. Throughout 2018 borrowers in the Toronto and area market place were reluctantly pulling in their horns, forced to do so by rising interest rates and borrowing costs, mortgage stress testing, and a 15 percent foreign buyers tax. By the end of the year Toronto and area sales had (on a year-over-year basis) declined by approximately 15 percent and average sale prices were off by more than 4 percent. It is anticipated that 2019 will be a ...
Listing Your Muskoka Cottage Property - Part 2
May 31, 2018
Make an Impact with Your Muskoka Cottage Property Listing Listing your cottage property for sale is one thing, selling it is an entirely different story. There are many key factors that determine the successful sale of your waterfront property and how quickly we can accomplish this goal. Price – ultimately the most important factor when listing a recreational waterfront property is to price it correctly, the first time, for today’s market. Two of the biggest mistakes sellers make when choosing a listing agent are based on which agent suggests the highest list price and who will represent you for the ...
Muskoka Real Estate Update Spring 2018
April 17, 2018
Muskoka is synonymous with summer and despite the wild winter weather this past weekend - the cottage real estate market has commenced. First, let's look at how the market has changed in the last five years. What's Sold A vacant lot on Lake Rosseau sold for $800,000 in January 2013. In August 2014 it resold for $1.260 million. In November 2017 it changed hands again at $1.8 million. The only change to the property in this last transaction was that site plan work had been completed, some variances approved, the building envelope cleared and a set of architectural plans were included. All ...
Listing Your Muskoka Cottage Property for Sale
April 13, 2018
Important Factors to Consider When Listing Your Muskoka Cottage Property for Sale Selling your lake front vacation home is a major life event. Whether you are upsizing, downsizing or leaving the area, there are many variables to consider when listing your property. Who Best to Represent Your Waterfront Property? What to Look for in a Realtor: Length of Service - When a Realtor states they have “years” of experience. How many years is that exactly? The more time a Realtor has worked in the business, the more knowledge they should possess. It’s equally vital that this “seasoned” agent be ...
2017 MLS Waterfront Real Estate
February 1, 2018
Help Prevent Resort Over-Development in Muskoka
November 21, 2017
During peak cottage season, our Muskoka lakes are bustling. On weekends from May 24 through till Thanksgiving and week long in July and August. Paddle boarders, kayakers and canoe enthusiasts share the pristine waters with wakeboarders, water-skiers and wake surfers. Muskoka residents, cottage owners, renters and holiday goers at resorts such as Sherwood Inn, Clevelands House and Red Leaves are all enjoying Muskoka cottage life. We know why! Our clean lakes and stunning views are a magnet for visitors from around the globe. Over the years we’ve seen an increase in traffic on the roads and on the lakes. We ...
Muskoka Light Pollution Solutions
August 10, 2017
Light Pollution. We have all heard the term many times before, partially because in recent months a plethora of information has been published on topics surrounding this issue. But what really is the problem? Simply put, light pollution is the wasteful by-product of our society’s seemingly obsessive desire to light up every place and every thing we encounter at night. Light pollution is insidious, even in Muskoka. It creeps slowly into our communities, rural areas and even lakefront retreats with almost every renovation or new building project. It isn’t necessarily the result of people’s negligence but rather their lack of ...
Internet at Your Muskoka Cottage
July 27, 2017
Is Internet at your Muskoka cottage frustrating you? Join the club! I can't tell you how often I hear my Lake Joseph neighbours complain about the speed (or lack thereof) of their internet service. Keep in mind, we are in cottage country paradise, not a bustling high tech metropolitan area. Unless you are on a working vacation I recommend unplugging and unwinding. That being said, I have the privilege of working in Muskoka which comes with the disadvantage of relying on the internet. So, I feel your pain. There are times when we need internet and times when we crave it. Especially ...
Chestnut Park ~ Muskoka's Leading Brokerage
June 27, 2017Buying Tips Cottages Market News Muskoka Properties My Services Real Estate News Selling Tips Waterfront
Chestnut Park is a well known and respected real estate brokerage. But did you know that Chestnut Park is Muskoka's leading firm? CEO Chris Kapches shares the reasons why Muskoka waterfront real estate buyers and sellers rely on the services of a Chestnut Park Sales Representative. You can find the latest copy of Chestnut Park's "Invest in Style" on your dock or in various locations throughout the community to view listings and relevant area information. And, thank you for choosing me to represent your Muskoka waterfront cottage property real estate needs. Contact me directly at 705-646-4693 and enjoy your ...