Here’s a brief overview of the Deep Creek Lake real estate market as of August 14, 2023.
Here’s an overview of the local market as of July 26, 2023.
Property sales in Garrett County are stable, and the market is still thriving. You can see from the graphic below representing the past 2 years that we’ve tapered off slightly but remember that we were in a very robust market for a good portion of this time.
Continue reading Deep Creek Lake Real Estate Update July 2023Spring is a great time of year to sell your Deep Creek Lake home. The weather is mild, the flowers are in bloom, and buyers are on the hunt for their dream home. But before you put your home on the market, there are a few things you need to do to ensure it is in top shape.
Check your smoke alarms. First and foremost, make sure your smoke alarms are in working order. This is a crucial safety feature that should not be overlooked. Test each smoke alarm in your home and replace the batteries if needed.
Clean out your dryer vent. Over time, dryer vents can become clogged with lint, which can pose a fire hazard. Make sure to clean out your dryer vent before putting your home on the market. You can do this yourself or hire a professional.
Replace filters. Replace the air filters in your home, including those for your furnace and air conditioning unit. This will help improve the air quality in your home and ensure your HVAC system is running efficiently.
Check pipes for leaks. Inspect all of the pipes in your home for leaks. If you find any leaks, be sure to fix them before showing your home to potential buyers. A leaky pipe can turn off buyers and make them wonder what other hidden problems your home may have.
Wash interior and exterior windows. Clean windows can make a big difference in the overall appearance of your home. Take the time to wash both the interior and exterior of your windows to give your home a fresh and bright look.
Continue reading Top Tips to Prepare Your Home for SpringDeep Creek early summer events are kicking off everyone’s favorite season with plenty of fun! There are tons of ways to enjoy the beautiful weather with family and friends. Many are old favorites, but there are some new options too!
Deep Creek Farmers Market – NEW
Fridays through September 2, 3-7PM
The area’s newest farmers market takes place at Garrett College every Friday. In addition to local produce, you can also find honey, pottery, and baked goods.
Accident 4th of July Parade
Monday, July 4, 11AM
Bring the family to Accident for some small town Independence Day fun!
Fire on the Mountain Fireworks Display
Monday, July 4, About 9PM, McHenry
Fireworks launched from the top of the tubing hill at the Mountain Park at Wisp Resort out toward the waters of Deep Creek Lake. Viewing spots include the scenic overlook on Rt. 219, McHenry Cove on Deep Creek Lake and businesses in McHenry.
1544 Stockslager Road is one of my newest listings at Deep Creek Lake. It presents an incredible opportunity to own lake front property. The setting is truly picturesque.
A true highlight of this home is the waterfront. It boasts a sprawling 192′ of lakefront that you can enjoy with family and friends. Plus, it has a private dock in a quiet spot that is ideal for swimming and fishing. The Stockslager Community features a 2 mile walking trail that winds along the lakefront.
Continue reading 1544 Stockslager Road – New Listing at Deep Creek Lake34 Carmel Lane is a gorgeous lakefront home that was just listed at Deep Creek Lake. It is my pleasure to share the details of such a well-kept property.
Located in the Carmel Cove community, 34 Carmel Lane includes 5 bedrooms and 3.5 baths.
The spacious interior has three levels of living space. Granite countertops and a large center island highlight the well-planned kitchen. The open floor plan is ideal for entertaining family and friends. Numerous windows bring in beautiful Deep Creek Lake views in nearly every room.
Continue reading 34 Carmel Lane – New Listing in Swanton, MD248 Markwood Drive was just listed! This is a truly stunning property that offers you a piece of paradise. It is within minutes from Deep Creek Lake and downtown Oakland.
Situated on 14.18 acres, this location is picturesque from the moment you pull in the driveway. It is surrounded by state forest land and overlooks a private community lake.
The beautiful brick home has four bedrooms along with two full and two half baths. It has been immaculately kept inside and out. The light-filled open floor plan is ideal for spending time with family. You will love the large kitchen with a center island.
Continue reading 248 Markwood Drive: New Lising in Oakland, MD244 Moonrise Drive is a spectacular new listing at Deep Creek Lake! This stunning lakefront home has all the bells and whistles. Plus, it was designed with vacation rental success in mind.
Offer six bedrooms and five and a half baths, this spacious chalet is located in the popular Waterfront Greens community. It has 150 feet of lakefront for your enjoyment. That includes a maintained path leading to the water and kayak racks.
The focal point of the outdoor living space is the private outdoor pool. It is easy to imagine splashing and playing with family and friends. There is also an expansive deck, a hot tub, a horseshoe pit, and a fire pit.
Inside, the spacious interior has an open floor plan on the main level. The great room is highlighted by a floor-to-ceiling stone fireplace and a wall of windows. The kitchen has recent updates that include granite counters. There is new LVT flooring throughout the main and lower level living areas as well.
Continue reading 244 Moonrise Drive: New Listing at Deep Creek LakeTax benefits should be considered if you are thinking about buying a second home at Deep Creek Lake. I put together a list of a few tax breaks, but you should always consult a tax professional for verification of specific terms and tax benefits since every situation is unique.
1.) Mortgage Interest is deductible up to $750,000 in combined total mortgages.
2.) Home Improvements – you can deduct interest on a home equity or line of credit (there will be limits).
3.) You can deduct your second home property taxes up to $10,000/year for all state and local taxes.
4.) If you rent for 14 days or less over the course of the year, that rental income is tax free with no limit on what you can charge.
Continue reading Tax Benefits for Second Home Owners
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