Sonia Patterson

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greatermuskokarealestate

Apr 3

It’s April in Muskoka everyone! ✨🌷

Are you either an interested Buyer hunting for your next dream home, or perhaps a Seller debating when to list your property this spring season? Here are just a couple of my main predictions for what you can expect from the Muskoka Real Estate market this April! ⬇️

This winter has shown us that, between the greater economy and the stubborn weather, we’re most likely looking at a late spring market start - with April being a real launch month to kick the listing market into higher gear 🌲

Where this will make the most noticeable impact is the waterfront market - with everyone feeling a little bit closer to cottaging weather 🚤 On the waterfront, there are two main price ranges and settings that I believe we’ll see the highest amount of traffic: properties priced at $1 million and UNDER on the smaller to mid-sized lakes, and properties priced around $1.4 million and OVER on the larger/connecting lakes 🚢

For residential properties, popularity and demand are really being driven by local families and retirees, working Muskokans who are on the hunt for affordable, easy-to-maintain properties in the region. Consequently, properties in the $700K and under price range are looking to continue dominating the residential Buying market’s interest. We’ve seen off-water properties listed at $1 million and over in Muskoka have been moving especially slowly over the past couple of months, and I anticipate that the trend will continue at least for the first leg of the Spring season 🏠

Wondering where you and your Real Estate journey fit in with these predictions? Have any market-related questions? Comment them below, or get in touch with us! We are here to support you in navigating the Muskoka & Almaguin real estate markets 🤝

#Muskoka #Realtor #CottageCountry #AprilMarketUpdate #OntarioRealEstate #LakeLife #MuskokaLiving #Predictions

greatermuskokarealestate

Apr 2

Ever wondered about the difference between market value and appraised value when it comes to Real Estate? 🏠

They sound similar, but understanding the nuance is crucial, whether you’re buying, selling, or just curious! 🤔

Market Value is essentially what a willing Buyer would pay, and a willing Seller would accept, in an open and competitive market. It’s driven by supply and demand, recent sales of comparable properties (comps), location, and current market trends. Think of it as the pulse of the current Real Estate landscape – what the market says a property is worth right now. You’ll see the market value reflected in listing prices and sale prices of homes in your area. It’s dynamic and constantly changing!

Appraised Value, on the other hand, is an ✨expert opinion✨ of a property’s worth, determined by a Licensed Appraiser. They conduct a detailed inspection, analyzing the property’s condition, features, and compare it to similar properties that have recently sold. Appraisers use standardized methods and guidelines to arrive at a fair and objective valuation. Lenders usually require an appraisal to protect their interests when issuing a mortgage - they want to make sure the property is worth the loan amount.

So, what’s the difference? ⚖️ Market value is influenced by the collective behaviour of Buyers and Sellers, while appraised value is a professional assessment. Appraised value often influences market value, but it’s not always a perfect match. A property could have a high market value due to high demand, but the appraisal might come in lower if the appraiser finds issues with the property or the comps don’t support the higher price.

Understanding both market value and appraised value is essential for making informed Real Estate decisions! Knowing the difference can help you price your home competitively if you’re selling, or make a smart offer if you’re buying. Have any questions about Real Estate values? Drop them in the comments below, and we will answer them!👇

#realtor #muskoka #marketvalue #appraisedvalue #homebuying #homeselling #realestateexplained #realestatetips #investment #homeowner

greatermuskokarealestate

Apr 1

What a way to start the month - Now Sold! 🎊

A huge congratulations to the wonderful Sellers of 3 Forest View Drive, Huntsville for the sale of their charming property!

It’s been an absolute pleasure representing our client in this successful sale, and we’re so excited for the next chapter for both the property and its Buyers. It is always so rewarding to help amazing people as they go through their Real Estate journey - and we couldn’t be more grateful for your continued support and enthusiasm for what we do ❤️

Stay tuned for more exciting listings - April is promising to be an incredible month, full of beautiful Muskoka properties and a happy hint of spring in the air! 🌷🏡

#Sold #Muskoka #RealEstate #PropertySold #DreamHome #Success #NewChapter #RealEstateAgent #HappyClient

greatermuskokarealestate

Mar 31

It’s official - new listing alert!! 😍👇

Welcome to 273 Pine Street, Gravenhurst, where the convenience, community, and comfort of neighbourhood living meet a central location in one of Muskoka’s most charming towns! This amazing property, perfect for a growing family, features:

🛏️ 4 beds | 3 baths

🍴 Bright, modern kitchen with new appliances & large island

🔥 Cozy natural gas fireplace feature in the living room

🌲 Lovely deck overlooking a spacious yard, backing on forest

🚪 Large unfinished basement with tons of potential

🏠 Located in a family-friendly, vibrant neighbourhood in short walking distance to Muskoka Beechgrove Public School

🚢 Close distance to downtown & the Muskoka Wharf on Lake Muskoka

Listed at just $739,900, this is an opportunity you don’t want to miss! DM me for details or to book your private showing.

📞 705.783.4404
📨 Sue@GreaterMuskoka.ca
🖥️ greatmuskoka.ca

#muskoka #realestate #dreamhome #greatprice #realtor #newlisting #homeforsale #huntsville

greatermuskokarealestate

Mar 28

Looking for that perfect family home? Seeking a quiet Muskoka lifestyle with all of the charm, conveniences, and amenities of small town life?👇

Here’s a sneak preview of the ideal home for you - coming up very soon with the Greater Muskoka Group! 👀🤫

This 4-bedroom, 3-bathroom piece of paradise has all of the privacy and comfort of classic Muskoka living, while being a mere few minutes to both downtown and the beloved wharf in charming Gravenhurst, Ontario! Go for a stroll down to see the famous steamships, wander along the boardwalk, and breathe in those beautiful Lake Muskoka views, all within an easy distance to your home 🚢

Are you ready to find your perfect community? Get in touch with us today to learn more about this exciting upcoming listing - and stay turned for when it hits the market! This is an amazing opportunity to find your dream home that you don’t want to miss ✨

#muskoka #realestate #dreamhome #greatprice #realtor #newlisting #homeforsale #gravenhurst

greatermuskokarealestate

Mar 27

It’s always a special day when we see our Clients’ properties close - so we couldn’t be more excited for our amazing and supportive Sellers as they close on 80 Florence Street, Novar today 🏡

For a beautiful growing family, this is the perfect new home to make memories, discover community, laugh, and grow in. We couldn’t be happier for this home’s new owners as they commence this next chapter of their lives - one which we are confident will be filled with so much love, joy, and excitement ❤️

We are always incredibly proud to help amazing people connect with their next homes along every stage of their life journey, and we couldn’t be more grateful for acting as their guide along the way ✨

Are you interested in finding your next home in the Muskoka and Almaguin regions? Get in touch with us! We are here to support you along every step of your real estate process, making your home-buying and home-selling experience as stress-free as possible 🧘

#muskoka #realtor #realestate #happybuyers #newhome #closingday #novar #remax #movingin

greatermuskokarealestate

Mar 27

Escape the ordinary and embrace the breathtaking beauty of Muskoka! 🚶🌲

Your dream home might be here, but so are some incredible hiking trails. Our team has compiled our own top 6 choices for the most picturesque hikes in the region, guaranteed to ignite your love for the outdoors 🌄

From stunning lake vistas to lush forest trails, we’ve explored every corner of this beautiful district - and we guarantee a visit to any of these special spots will have you falling in love in no time! Swipe through to discover our favourite spots and get inspired to lace up your boots – Muskoka’s natural beauty is waiting to be explored! And while you’re out there enjoying the views, remember we’re always here to help you find your perfect piece of Muskoka paradise. 🏡

#Muskoka #Realtor #MuskokaRealEstate #HikingTrails #OntarioHiking #MuskokaLife #DreamHome #ExploreMuskoka #OutdoorAdventures

greatermuskokarealestate

Mar 26

✨Now Sold✨

A huge congratulations to the current owners of 17 Knotty Pine, Huntsville and to the new Buyers for this amazing announcement!

It’s been a pleasure representing our client in this successful sale, and we’re so excited for the next chapter for both the property and its Buyers. Thank you to everyone involved, from our amazing team and lovely Sellers to all the interested Buyers.

Stay tuned for more exciting listings - your dream home is just around the corner! 🏡

#Sold #Muskoka #RealEstate #PropertySold #DreamHome #Success #NewChapter #RealEstateAgent #HappyClient