The data in this analysis captures waterfront real estate sales on Mitchell Lake and on the Trent Severn Waterway (TSW) from Balsam Lake to the Kirkfield Lift Lock. The average sale price for waterfront properties was $430,000 in 2018, up 17% from $367,000 in 2017 and 20% from $359,000 in 2016.
Lake Mitchell real estate is regarded as a top twenty market in Alabama for lake homes and lake lots. Typically, buyers can find 30 Lake Mitchell homes for sale, and 40 lake lots and land for sale. Offering houses at many price points, Lake Mitchell homes for sale have an average list price of $350,000.
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Waterfront market activity on Mitchell Lake and across the western Kawarthas was especially volatile throughout 2020. It is therefore necessary to analyze the sales data on a monthly basis in order to understand the underlying price trends.