The Danger of Overpricing: Why Getting it Right Matters in Today’s Muskoka Market
Posted by Royal LePage Lakes of Muskoka on
The Danger of Overpricing: Why Getting it Right Matters in Today’s Muskoka Market
The Muskoka market has officially changed. We are no longer in those frantic pandemic years defined by zero conditions, blind bidding wars, and cottages selling for hundreds of thousands over asking in a single afternoon.
The reality is that we’ve seen a real correction. Overall prices have dipped 5% to 10% since those peaks, and in some cases, even more depending on the specific neighbourhood or lake. Today, the market is much more measured. Inventory is up, and buyers finally have some breathing room to be picky.
In this kind of environment, the most important decision you’ll make is your list price. It’s also where most sellers make their most expensive mistake by…
43 Views, 0 Comments
