Georgian Meadows Collingwood – Real estate, Homes for sale, MLS, Listings
The Georgian Meadows community in Collingwood, Ontario, offers a unique blend of suburban tranquility and proximity to some of Ontario’s top recreational amenities. Real estate opportunities here, including single-family homes, MLS listings, and investment properties, attract a variety of homebuyers, from families to investors. Below, we answer key questions related to the Georgian Meadows real estate market, providing detailed insights into home availability, community features, and the factors that influence property values.
Historical Home prices in Georgian Meadows.
Georgian Meadows | Year | Number of Sales | Combined Days on Market Average | List Price Average | Sale Price Average | Sale/List Price Average | Number of New Listings | Number of Sales | List to Sale Ratio |
2019 | 24 | 37 | 632,157 | 604,475 | 98.40% | 37 | 24 | 0.65 | |
2020 | 19 | 29 | 733,415 | 726,036 | 98.60% | 27 | 19 | 0.70 | |
2021 | 16 | 9 | 917,144 | 927,594 | 103.30% | 18 | 16 | 0.89 | |
2022 | 19 | 24 | 1,074,825 | 1,136,844 | 100.00% | 39 | 19 | 0.49 | |
2023 | 13 | 72 | 1,084,358 | 950,369 | 97.50% | 38 | 13 | 0.34 | |
23 vs 22 | ↑ | ↑ | ↑ | ↑ | ↓ | ↑ | ↓ | ↓ | |
2024 YTD* (June) | 6 | 38 | 1,052,088 | 1,001,000 | 98.10% | 17 | 6 | 0.35 |
What types of homes are available in Georgian Meadows, Collingwood?
The homes in Georgian Meadows primarily consist of detached single-family homes. These properties are characterized by their spacious layouts, modern amenities, and family-friendly designs. Many homes range from 1,500 to 3,500 square feet and have 3 to 5 bedrooms, 2 to 4 bathrooms, and double or triple-car garages. These features make them ideal for growing families or those looking for ample space. The real estate market in this area often includes homes that were built between 2000 and 2010, many of which have been updated with modern finishes to meet contemporary standards.
What are the typical sizes and features of homes in Georgian Meadows?
Homes in Georgian Meadows typically range between 1,500 and 3,500 square feet, offering the following features.
- Bedrooms. 3 to 5
- Bathrooms. 2 to 4
- Garages. Attached double or triple-car garages
- Outdoor spaces. Large backyards, often landscaped
Homes with renovated kitchens, finished basements, and energy-efficient upgrades typically command higher prices. On average, homes in this community offer 2,000 to 2,800 square feet of living space.
What is the price range of homes in Georgian Meadows?
The price of homes in Georgian Meadows generally varies depending on size, age, and upgrades. As of 2024, home prices in the community typically range from $700,000 to over $1.2 million. Larger homes with modern finishes and recent renovations can exceed the $1 million mark, while smaller homes or those requiring updates tend to be priced on the lower end.
What factors affect the pricing of homes in Georgian Meadows?
Several factors influence home prices in Georgian Meadows, including.
- Location within the community. Homes near parks or community amenities tend to command 5-10% higher prices.
- Home upgrades. Renovations like modern kitchens, smart home technology, and finished basements can increase property value by up to 15-20%.
- Market conditions. In the past five years, the Collingwood real estate market has seen a 7-10% annual increase in home prices, driven largely by demand from urban professionals seeking second homes or vacation properties.
How does Georgian Meadows compare to other neighborhoods in Collingwood?
Compared to other Collingwood neighborhoods, Georgian Meadows offers more affordable pricing than waterfront properties near Georgian Bay, where homes can exceed $2 million. However, Georgian Meadows is highly regarded for its family-oriented environment, with properties averaging 20% more square footage than homes closer to downtown Collingwood.
What amenities are available in Georgian Meadows?
Residents of Georgian Meadows benefit from several nearby amenities, including.
- Parks and green spaces. The community features multiple parks and playgrounds, with over 5 acres of green space dedicated to recreational use.
- Schools. The area is served by reputable public and private schools, such as Admiral Collingwood Elementary School and Collingwood Collegiate Institute.
- Shopping and dining. A 10-minute drive takes residents to downtown Collingwood, offering over 50 shops and 20 restaurants.
- Recreational activities. Residents have easy access to Blue Mountain Resort, located just 15 minutes away, for skiing, as well as Georgian Bay for water sports and summer activities.
How can I find homes for sale in Georgian Meadows?
Homes for sale in Georgian Meadows can be found primarily through MLS listings. According to Real Estate Association of Canada, approximately 85% of homes in Collingwood are sold through MLS, making it the most comprehensive tool for buyers. The Georgian Meadows real estate market typically sees 10-15 listings per year, with homes selling in an average of 30 to 60 days, depending on the season.
What is the process of buying a home in Georgian Meadows?
The process of buying a home in Georgian Meadows follows standard Ontario real estate practices, which include.
- Pre-approval for a mortgage. Recommended before starting the search to determine your price range.
- Search for homes. Utilize MLS listings or consult a real estate agent specializing in Collingwood properties.
- Making an offer. Homes typically sell for 95-98% of the asking price, though this can vary based on market conditions.
- Home inspection and closing**. A thorough home inspection is essential to avoid costly repairs after purchase.
Is Georgian Meadows a good area for real estate investment?
Georgian Meadows offers strong investment potential for both long-term property value appreciation and short-term vacation rentals. The community’s proximity to Blue Mountain Resort and Georgian Bay enhances its attractiveness to buyers. Over the past decade, property values in Collingwood have risen by 8% annually, with Georgian Meadows seeing similar trends.
What types of investment properties are available in Georgian Meadows?
Investment opportunities in Georgian Meadows include.
- Single-family homes. These offer rental yields of approximately 4-6% annually, depending on market conditions.
- Vacation homes. These properties are in high demand for seasonal rentals, especially during ski season at Blue Mountain. Short-term rental rates can range from $300 to $700 per night, depending on the size and features of the home.
How does the proximity to Blue Mountain and Georgian Bay affect property values?
The proximity of Georgian Meadows to Blue Mountain, located 15 minutes away, and Georgian Bay, which is 10 minutes away, significantly increases property values. Properties close to these outdoor recreational areas tend to appreciate faster, with an estimated 5-7% premium on homes located near these amenities compared to those further inland.
Are there seasonal variations in the real estate market in Georgian Meadows?
Yes, the market in Georgian Meadows is more active during the summer and winter seasons. Summer brings tourists to Georgian Bay, while winter attracts skiers to Blue Mountain, increasing demand for vacation homes and rentals. As a result, prices tend to peak during these seasons, with listings selling 10-15% faster compared to the spring and fall.
What is the rental market like in Georgian Meadows?
The rental market in Georgian Meadows is strong, particularly for short-term vacation rentals. Homeowners renting out their properties during the high season can earn $2,000 to $5,000 per month, depending on the home’s size and location.
What types of rental properties are most in demand?
The most in-demand rentals in Georgian Meadows are.
- Vacation homes. Popular during ski season (December to March) and summer months (June to September).
- Family homes. Long-term rentals, often between $2,500 and $3,500 per month, are sought after by families relocating to Collingwood for its schools and quality of life.
What should buyers consider when purchasing property in Georgian Meadows?
When purchasing property in Georgian Meadows, buyers should consider factors such as proximity to amenities, market conditions, and investment potential. Homes near parks and schools tend to appreciate faster. Additionally, buyers should be aware of seasonal price fluctuations due to tourism and ski season.
Are there any hidden costs or fees to consider?
Buyers should consider property taxes, which in Collingwood are approximately 1.1% of the property’s assessed value. Closing costs, including legal fees, title insurance, and land transfer tax, typically add 2-4% to the home’s purchase price.
How do MLS listings help in the home search for Georgian Meadows?
MLS listings provide detailed information on available homes in Georgian Meadows, including photos, floor plans, and property descriptions. These listings are essential for homebuyers seeking the latest information on the market.
What information is available through MLS listings?
MLS listings for Georgian Meadows typically include.
- Home size and layout. Properties in Georgian Meadows typically offer 2,000 to 3,500 square feet of living space.
- Property features. Number of bedrooms, bathrooms, and amenities such as finished basements or upgraded kitchens.
- Price history and comparisons. MLS listings often show recent sales in the area to help buyers gauge current market trends.
- Nearby amenities. Information on local schools, parks, and shopping centers can help buyers choose the best location.
Jill Does is a real estate agent since 2007. She serves the Southern Georgian Bay area including Collingwood, Wasaga Beach, Thornbury, Meaford and Creemore.