Page 46 - Garrett County Visitors Guide - 2018
P. 46

of Life
Quality Housing Options 
GARRETT COUNTY’S HOUSING OPTIONS ARE MANY, whether you are a permanent resident or a seasonal dweller: Lakefront, woods, mountains, farm, single-family home, townhouse, condominium, cabin . . . the choices go on and on.
The market is “clearly the most active that we have had since 2008,” said Bill Weissgerber, associate broker and owner of Railey Realty and Deep Creek Lodging. “There’s been a little bump in prices; greater demand is having an impact on values, creating a promising outlook for sellers in 2018.”
High-end properties with a water view and amenities galore often have million-dollar price tags, but the price range is wide, depending on size and, of course, location, location and
location. And although demand is robust, especially for those get-away places, buyers can still find good deals, realtors say.
Selling prices remain at about the 2003 level, said Jay Ferguson, broker and co-owner of the real estate division of Taylor-Made Deep Creek Vacations and Sales.
“You can get a lakefront house for $400,000 to $500,000 and not [have to spend] the $800,000 or $900,000 when the market was at its peak,” he said. (Prices for waterfront properties with larger acreage or more bedrooms still may reach into the millions.)
Elsewhere in the county, average prices
for second homes range from $300,000 to $500,000. Permanent homes away from the vacation hubs average in the $200,000s.
44  The Deep Creek Experience

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