Call Marg: 705-446-1762

Look at this chart.  These are the sale prices of units that have sold in Mountain Springs Resort near Blue Mountain over the last two years.  All are the same size (737 square feet) although there are some variances in condition of a unit or the views they may have.  Nonetheless, they are pretty similar.

MSR sales

Some of these are the same unit having sold twice in this period which gives us a good indication of value.  Bottom line is that prices in this development have climbed 80-95% in just two years.  Why?  They are low priced to begin with and, they permit short term rentals which are generally not permitted in the Town of Blue Mountains without a licence or with other criteria being met. To me, this is proof that much of our local market is being driven by investors.

The big question now is, how high can they go? What do you think?

Marg Scheben-Edey is a Broker with RE/MAX four seasons realty limited, Brokerage in beautiful Collingwood, ON. With three decades of experience, Marg is a leader in the local real estate marketplace and is ready to help guide both Buyers and Sellers in achieving their real estate goals. Email Marg

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Marg Scheben-Edey

Real Estate Broker
Market Value Appraiser - Residential
Accredited Green Broker™
(designated by the National Association of Green Agents & Brokers)

RE/MAX four seasons
realty limited, Brokerage
Each Office Independently Owned & Operated
67 First Street, Collingwood L9Y 1A2

Contact Marg

 Direct: 705-446-1762

Prefer Text? 705-446-5066

Email Marg

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