Talking Transparency: The Cost of Building a Simcoe, Parry Sound or Southern Georgian Bay House
Simcoe, Parry Sound and the Southern Georgian Bay are all stunning places to build and buy. But, what will it cost you?
When it comes to building a new home or cottage in Ontario, cost can be a big issue. From closing costs and realtor fees to home maintenance and even marina fees, seemingly inconsequential costs can come together to make a big impact on your wallet. We’re in love with Ontario Cottage Country—from Simcoe to Parry Sound to Southern Georgian Bay—for the stunning beauty, clear water and the vibrant community, and we love building homes and cottages there. However, the price of building in those areas can be high. We don’t ever want to prevent you from building in a place that you love, but we understand the value of knowing what you’re getting into.
According to MoneySense, the average cost to build a cottage in Simcoe County runs from $444,621 (in the Cookstown neighbourhood of Innisfil) to $957,683 (in Rural Innisfil). Royal LePage shows that an average waterfront home cost in Parry Sound is $500,000, while the Georgian Bay Group shows the average cost of a home in Southern Georgian Bay will run you $541,720. Basically, homes and cottages are a huge investment, but they’re also a great one. It’s important to make sure that the Simcoe, Parry Sound or Southern Georgian Bay area is realistic for you to set down roots. When it comes to building a home, you’re not just paying for the stone and the labour and the glass. You’re also paying for the furnishings, the property itself, the maintenance, the insurance, the taxes and the utilities. To balance out the stunning water views and overwhelmingly beautiful nature, the area is also experiencing a massive increase in housing demand that is driving prices up.
In Southern Georgian Bay, Parry Sound and Simcoe, you’re paying for a high quality of life rooted in beauty, nature and unmistakable community. We’re incredibly excited for you to experience the way of living in the area, and we want nothing more than to help you build your ideal home. But, at Gilbert + Burke, we also always want you to feel empowered to make smart decisions for yourself, your family and your future.
If you decide that building in the Simcoe, Southern Georgian Bay or Parry Sound Area is for you, we’ll be here to help you every step of the way. Luxury homes are our game, and we love to watch as our client’s financial investments pay off. From building powerful relationships with you as our client and crafting a unique vision for you to call home, the Gilbert + Burke team is waiting to create, mould and bring your vision to life. We’d love to connect with you to talk about all things homebuilding. Let’s make some magic happen!