Many people who love vacationing at Deep Creek Lake dream of one day owning a home here. Putting your home on the vacation rental market can make the cost of a second home more affordable.
If you are new Deep Creek vacation rental owners and you want to be sure your home rents well, there are important things to know when buying a property so that you can maximize your income. Things like location, amenities and size should play a key role in the decision making process.
Location, Location, Location
If you have been a frequent visitor to Deep Creek in the past, you likely have an idea of some of the more popular locations and the benefits that they offer throughout the seasons. You will also want to keep your own needs in mind – do you love to ski or is on-the-water fun more your style?
Things to consider:
-Northern end lakefront homes do very well, but this is a busier area.
-Look at the body of water, is it deep water, is it shallow, is it level or does it have stairs, is there a view? Continue reading Top Tips for New Deep Creek Vacation Rental Owners
Taylor-Made Deep Creek Vacations & Sales has a strong commitment to the local community, and it is a big part of our culture. Throughout the year, we are involved in a wide variety of charitable activities through sponsorship of events like the Deep Creek Lake Art & Wine Festival, donations to local sports teams and volunteer work for organizations like HART.
Earlier this month, our owners and members of our Deep Creek Lake real estate team once again broke out their bartending skills when we hosted a Guest Bartender Night to benefit HART for Animals at JG’s Pub. It was great to see so many of our friends and family turn out to help us support such a great cause. Plus, lots of members of the Taylor-Made Deep Creek staff were on hand as servers or to help with the silent auction and raffles. We have been part of this event for many years and are always happy to roll up our sleeves and do our part for HART for Animals.
Continue reading Taylor-Made Deep Creek Community Commitment
Here’s your Deep Creek Lake real estate market update from Taylor-Made Sales Manager, Bob Carney. It includes stats from March and April 2017.
Snow melted, check. Docks in the water, check. Buds on the tree, check. Escalation clause included with the offer, check. Wait, what? When was the last time you saw an escalation clause? They are back. Multiple offers with competing buyers are here at Deep Creek. Don’t get me wrong, this isn’t happening on all listings, but it can if you have staged your property, great curb appeal, attractive location and priced appropriately. April’s numbers show a shift from last year from our residential market to the resort market. We are down in the number of units sold but up in sales volume. We had 46 sales last year in April for $11.8 million and 33 sales totaling $12.1 million. The portion of lake area sales were up $2.4 million over last year with 22 units sold with an average sales price of $467,986 (up from $361,036 LY.)
MARCH 2017 MARKET RECAP
If you are ready to buy something around Deep Creek Lake, you will need to be ready to write on it when you see it, because chances are someone else is thinking about it too.
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If your home is currently listed with another broker this is not intended to solicit that listing.