New Listing – Lake Muskoka Year Round Cottage

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The following blog article: New Listing – Lake Muskoka Year Round Cottage was brought to you by Aben Team’s Muskoka Real Estate Blog

New Listing

$990,000

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Virtual Tour

Surround yourself in the peacefulness of this 2400+ sq ft quality built 4-season cottage on Lake Muskoka. Tucked away in a small bay, this year round turnkey property has much to offer; 147’ frontage, well cared for level lawn, perennial gardens, large dock with plenty of space for your water toys & more. Adjoining the property to the right is acres of natural green space allowing for even greater privacy. The main floor showcases 2 bedrooms including a master bedroom with en-suite, a spacious open concept living, dining & kitchen areas with cathedral ceilings and lake views. Adjacent is a 3-season sunroom offering a peaceful escape. Up above is a loft space ideal for extra sleeping space or use as an office or great room. The finished lower level has a rec room, a spacious bedroom, and den + 3pc bathroom. If your dream is to be on Lake Muskoka, this cottage has everything you will need and want in a year round vacation property.

Contact the Aben Team to book an appointment to see this fantastic Muskoka cottage for sale

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New Listing – 4-Season Cottage on Eagle Lake

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The following article: New Listing – 4-Season Cottage on Eagle Lake was republished from Aben Team’s Muskoka Real Estate Blog

 

If you’re searching for privacy & quiet enjoyment look no further, this four-season waterfront cottage + bunkie on Eagle Lake has so much offer; comprised of two lots, one of which can be severed. Enjoy 5+ acres, 340’ of sandy shoreline, level lot, mature gardens and more. The 1800+ sqft cottage is lovingly cared for featuring a master bedroom + two additional bedrooms, spacious kitchen with granite counters, comfortable family room with a stone wood burning fireplace and access to a lake facing deck + cozy den. One of the many highlights of this property is the charming bunkie just steps away from the main property with a bedroom and living room, ideal for your weekend visitors. 

Located in Almaguin Highlands, the area boasts a vibrant artists community and diverse four-season recreational opportunties including water sports, golf, horseback riding, hiking and snowmobiling. Eagle Lake is home to the Eagle Lake Narrows Country Store & Marina, Mikisew Provincial Park and Hockey Opportunity Camp. The communities of South River and Sundridge are accessible from Highway 11 and are home to restaurants, speciality shops, inns, and essentials such as grocery, liquor and hardware stores. It is also an easy 45 minute drive to Downtown Huntsville with essential services & more. 

 

 

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2016 Royal LePage Lakes of Muskoka Diamond Award Winners

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A Night To Celebrate Last week we gathered for the annual Royal LePage Lakes of Muskoka Realty awards ceremony aboard the Wenonah on Lake Muskoka.  In 2016 we achieved the Diamond Award, representing the top 3% in Canada. We also closed 85 properties in 2016, giving us the most closed deals with Royal LePage Lakes of Muskoka, which has 10 office throughout Muskoka and Almaguin Highlands. Thank you to our buyers and sellers who continue to entrust us with your real estate needs!    

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2nd Quarter Results, Muskoka Real Estate Market

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The following article: 2nd Quarter Results, Muskoka Real Estate Market is sourced from The Aben Teams’ Blog

The Muskoka residential market has seen some significant growth YOY, while the recreational market continues at a more typical pace. 

Residential market growth YOY of 21.93%, while recreational was up only 3.57% and condominium market down 2.9%

The percentage as a ratio between sale price and list price has for the first time breached 100% at 100.07%, this means that the sale price on residential on average sold over the listing price by .07%. The recreational sale to list ratio is 96.51%, still a significant improvement.

Days on market continue to decrease, as properties sell faster YOY.

The average sale price for residential properties increased 16.75%. The condominium market had a significant increase as well at 16.33% and recreational market up 5.27%.

Time to look a bit closer at the residential real estate market in Muskoka.

Huntsville has experienced the largest growth in the residential market, up 31.55%, Gravenhurst follows closely behind at 27.59% and Bracebridge experienced fewer unit sales YOY, down 7.25%. 

With increased demand in the Huntsville and Gravenhurst market, prices increased 22.56% and 37.73% respectively. While Bracebridge remained flat with a decrease of only .9%.

The graph below illustrates the number of properties listed (line graph) and the properties sold (bar graph) for each of the towns. Both Bracebridge and Gravenhurst had significantly less inventory than Huntsville. 

There however appears to be a slight softening in the residential market in 2017 with sales dropping from May to June 2017 by 7.25%. The sales however are up for June YOY 28% and so far up 21.93% YTD over 2016. 

Below is the break-down of unit sales by price range. Higher priced properties continue to show most of the growth as many people make there way to the Muskoka towns from the GTA. 

Lets look at the recreational market. Number of cottages sold have decreased for 2017 compared to 2016 for Bracebridge and Huntsville — Bracebridge down 7.1%, Huntsville down 27.4%. Gravenhurst however had an increase of 20.8%. Inventory levels remain low for all areas.

The average sale price for Bracebridge, Huntsville and Gravenhurst has risen. I suspect the lack of inventory both drives up the price and produces fewer sales.

The Lake of Bays area had an increase in unit sales of 35.85%, while the Muskoka Lakes area decreased 26.38%. Big lack of inventory in the Muskoka Lakes area. 


Average sale price for Muskoka Lakes is higher at 6.06% YOY, and Lake of Bays area is down 14.36%

The month of June has decreased YOY by 12.88% in unit sales, a further reflection of the softening market in the GTA. Total sales are still up over last year by 3.57%.

The following chart shows all the recreational sales in Muskoka by price range. These exclude vacant land.

The chart below demonstrates unit sales by price range for Lake of Bays.

The chart below demonstrates unit sales by price range for Lake Muskoka, Lake Rosseau and Lake Joseph.

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New Listing – 4-Seasons Huntsville Home Sitting on 96+ Acres

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The blog post: New Listing – 4-Seasons Huntsville Home Sitting on 96+ Acres was available on The Aben Team Blog

New Listing

$460,000

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Virtual Tour

Offering complete Privacy on 96+acres, this 4-season log home or cottage, just minutes from downtown Huntsville, features 4+1 bedrooms and 2 bathrooms. This property has been enjoyed by the same family as a vacation home for several years, it is evidently cared for and meticulously maintained. In addition there is a detached double garage, great as a workshop or additional storage. Finishing of this great property are the many trails that can be explored by ATV, biking or snowmobile. All measurements to be verified by the buyer. The municipal road is maintained until just before the driveway, the remainder of the road is plowed privately, but owned municipality.

Contact the Aben Team to book an appointment to see this fantastic 4-season Muskoka home for sale. 

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New Listing – Luxury Executive Huntsville Home For Sale

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The following post: New Listing – Luxury Executive Huntsville Home For Sale is brought to you by The Aben Team Blog

New Listing 

$1,250,000

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Virtual Tour

This distinctive home is nestled on a very private picturesque, exquisitely landscaped lot in Woodland Heights. Surround yourself in serene beauty enhanced by a spring fed pond and manicured perennial gardens protected by classic wrought iron fencing to keep deer at bay.  The home itself is meticulously maintained and has several exceptional finishes and upgrades. Upon entering you will be captivated by the impressive foyer, cathedral ceilings and floor to ceiling gas fireplace. Leading into the formal dining room, a chef’s kitchen and relaxing nook. From here access the deck overlooking the forested property and pond.  Next you can enjoy the bright formal living room or relax in the spacious family room and 3-season Muskoka Room. Finishing off the main floor are two bedrooms, 3piece bathroom, the master suite replete with a 5pc e-suite and walk-in closet and a quaint office for 2. In the finished lower level walkout you will discover a great sized rec room, 4th bedroom, office, a large and functional laundry room dreams are made of, 3-piece bathroom and a mudroom with inside access to the triple attached garage. Explore the 2+ acres; follow enchanting pathways and a stream into the forest or enjoy an evening bonfire pond side. This distinguished home has endless features and comforts, year round or experience as your private retreat and escape from the city.

Contact the Aben Team to book an appoinment to see this luxury Muskoka home for sale

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