There is nothing quite McCall, and more people each year seem to find our quaint little town on the lake surrounded by endless recreational & active lifestyle pursuits. People come to town to enjoy this very special place, and many come looking to find their slice of heaven, whether it's a summer cabin, or a place to call home full time.
Our nearest big town, Boise and the Treasure Valley continue to grow and more and more we see steady visitation of vacationers and vacation home seekers. With the growth of Boise, and it's continued high rankings as one of the best places to live and work in the country, McCall continues to be Boise's vacation place, and a destination for summer and winter recreation and tourism from visitors from other larger cities throughout the west.
The real estate market in McCall is healthy, and while home values rose significantly in 2020 through 2022 with far greater demand than supply of available homes on the market, during that time. Now in summer 2023 we have a higher inventory of available homes in the $700,000+ price range, though low supply below. Starting home prices are around $400,000 for a 'starter' home. Average home price/sq foot is $400/sf.
By comparison, in 2021 we never saw more than about 10 homes on the market in McCall at any given time and all homes priced appropriately went into contract within 7 days. Vacant building lot prices generally start around $200,000, though lots in Lick Creek Meadows can start around $150,000 in McCall, which is a very nicely developing neighborhood. Building costs start around $400/sq ft + baseline for good quality new construction. The cost to buy and lot, develop the lot, design and build a home is generally going to be at least 15% more than purchasing an existing home.
As the real estate market is everchanging, the best advice is to engage with a top performing agent or broker so that they can be on the look out for you. We're happy to be that brokerage. Seasonally, we see the most showing activity during the summer, and the most closed sales in fall, with typically low inventory in the winter, more new listings coming on in Spring. If you're considering selling or considering purchasing a home in McCall, please contact Mike Maciaszek (208) 315-2945 or any of our agents.