Big Lake Sale Prices Continue Up

February 26th, 2008

Big Lake Sale Prices Continue Up
It is increasingly expensive to cottage on Muskoka’s largest lakes

In 2007, 3% of Lake Muskoka cottage sales, 7% of Lake Rosseau cottage sales, and 7% of Lake Joseph cottage sales were for prices between $2,500,000 and $3,000.000

21% of Lake Muskoka cottage sales, 35% of Lake Rossaaeu cottage sales, and 45% of Lake Joseph cottage sales were between $1,000,000 and $2,000,000

6% of Lake Joseph cottage sales were between 3,000,000 and $4,000,000

Take heart that there are still numerous cottages that sell for under $500,000.

Lake Muskoka had 27% of the 2007 cottage sales under half a million, Lake Rosseau had 5%, and Lake Joseph had 2%

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