$199,000
For sale: Vacant Land

Build your dream home or cottage on this scenic 4.49 acre Lot located steps from the Muskoka River and under a 10 min drive to Bracebridge! The Sellers have invested in the Lot's development, getting approval for a minor variance to reduce a set back, to increase the single dwelling's buildable area. The Lot is on the East side of Forrester Trail, not the home at 1019, the Lot shares that civic address but is on a separate Title. The buildable area is towards the North end of Forrester Trail, and has been partially cleared. The Sellers intended to build a home for extended family, but now hope that another family can enjoy this woodland refuge. *High speed fiber optic Internet cable service is available on Forrester Trail* SR1 zoning. *4.49 acre size is the Geowarehouse estimate. Irregular lot, Lot dimensions are not accurate*
Sold data
Homes in Macaulay took a median of 24 days to sell over the last 90 days, with the quickest quarter selling within 13 days and the slowest quarter taking more than 60, across 32 recorded sales.
That clock counts only the listing each home finally sold on. Measured from the first time these properties came to market, including any earlier listings that were withdrawn and re-entered, the median is 42 days.
The median sale price was $642,000.
Homes sold for about 3.5% below asking on average, so there was room to negotiate.
About 9% of sales closed above the list price.
Around 12% of sellers reduced their price before finding a buyer.
Based on 32 recorded sales in the last 90 days — a small sample, so treat these figures as indicative. Aggregate statistics only; individual sale prices are not shown.
Schools
Bracebridge (Macaulay) has 7 Fraser Institute–rated schools (5 elementary and 2 secondary), averaging 6.3/10.
School ratings from the Fraser Institute's Ontario school report cards.
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