$1,029,000
1872 Willan Road
Selwyn, Ontario
RE/MAX HALLMARK EASTERN REALTY
MLS® X13248084
land in Selwyn
Browse 14 active listings
Market Analysis
In Selwyn, ON, buyers in the land segment range from aspiring homeowners to developers looking for investment opportunities. Many are drawn to Selwyn's serene lifestyle, often seeking larger parcels that afford them privacy and space. Families often consider areas like Lakefield and Bridgenorth for their proximity to good schools, such as Lakefield District Secondary School. Retirees are also purchasing land for future retirement homes, particularly along quiet streets like Pigeon Lake Road, where they can enjoy the natural surroundings and outdoor activities year-round.
Price Insights
The current median price for land in Selwyn stands at $399,900, with average prices hitting around $453,786. At this price point, buyers can expect to find lots ranging from half an acre to several acres, particularly near Pigeon Lake, where properties often come with water access. A $1,500,000 budget opens doors to larger tracts of land, possibly including a waterfront property with scenic views and easy access to recreational activities. In contrast, lower-priced lots may be located further from the water or within the more suburban neighborhoods, yet they still provide opportunities for future development.
Available Properties
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About This Property Type
Lands in Selwyn are predominantly characterized by their size and potential for development. Zoning varies across neighborhoods such as Chemong Road and the picturesque areas near the Trent-Severn Waterway, impacting what can be built. Some parcels are designated for residential use, while others may allow for seasonal cottages or recreational facilities. Buyers will find a mix of treed lots and cleared land, giving them the flexibility to create their ideal space, whether for a custom home or an investment property.
Location Highlights
Selwyn is nestled in Peterborough County and is known for its scenic waterways and outdoor recreational opportunities. Accessibility to the Trent-Severn Waterway makes it a haven for boating enthusiasts. The vibrant community is supported by amenities such as the Selwyn Public Library and local markets. Not to mention, the picturesque downtown of Lakefield is just a short drive away, offering charming cafes and shops. Parks like the nearby Haultain Park provide excellent options for families to enjoy nature and community events, further enhancing the appeal of this beautiful area.
Investment Advice
Investing in land in Selwyn is a smart choice, particularly given the competitive market and limited supply of available lots. Future development is likely, especially with the area's growing popularity among families and retirees alike. Given the average price point, purchasing land now can yield significant returns, especially as more people discover the natural beauty and lifestyle that Selwyn offers. Moreover, proximity to Peterborough ensures that the value remains stable as the region continues to develop.
Buying Tips
When navigating the competitive land market in Selwyn, it's essential to act quickly. Be prepared to make an offer on desirable properties, especially those near Pigeon Lake or in popular neighborhoods like Bridgenorth. Always conduct thorough due diligence, including checking zoning regulations and potential land use restrictions. Consider engaging a local real estate agent who knows the Selwyn area well, as they can provide invaluable insights and help you find the best opportunities according to your needs. Lastly, don't overlook the importance of assessing soil quality and land features, especially if you plan on building your dream home.
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Frequently Asked Questions About Selwyn
How many land listings are for sale in Selwyn?
There are currently 14 land listings listed for sale in Selwyn. Listings are updated multiple times per day from CREA's DDF®.
How often are land listings updated in Selwyn?
Listings on this page are updated multiple times per day directly from CREA's DDF® (Data Distribution Facility). New listings typically appear within minutes of being added to the MLS® system.