Bartlett Lake Topics: Higher winter water = lower property values?
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Name:   MartiniMan The author of this post is registered as a member - Email Member
Subject:   Higher winter water = lower property values?
Date:   8/5/2013 4:46:54 PM

Come see my view in January versus October or March when we are at around 483.  At 483 I have water out my back door that looks really nice.  At 480' I have mostly brown mud and a little creek out back that doesn't look very nice. Now that might not matter to a summer residents only but it will make a big difference to retirees that have to look at that view all year long.  Which is why year round water homes bring a premium over ones like mine.

Anything that can be done to increase those property values will benefit all property owners.  Its called comps and if you don't think that increasing the value of comps doesn't benefit all property owners then you need to talk to appraisers.  They will tell you that comps are the primary driver in their valuation methodology.  

Or maybe look at it this way.  Thirty or so years ago they dropped the lake elevation 50 feet in the winter.  I am 100% convinced that if they dropped lake elevations that much again regardless of the the rule curve it would negatively impact property values.  Just see what happened to Lake Lanier during the three years that the lake levels suffered or Cumberland Lake in Kentucky when they dropped lake levels for 5 years to repair the dam.  Property values suffered greatly.

If the downside is limited, which I believe it is, and the upside overall is positive then we should all be behind the change in the rule curve and the winter pool.
Other messages in this thread:View Entire Thread
Higher winter water = lower property values? - Mike Hunt - 8/5/2013 10:27:22 AM
     Higher winter water = lower property values? - Samdog - 8/5/2013 11:08:28 AM
          Higher winter water = lower property values? - John C - 8/5/2013 11:44:39 AM
               Higher winter water = lower property values? - Samdog - 8/5/2013 1:45:09 PM
                    Higher winter water = lower property values? - MartiniMan - 8/5/2013 4:46:54 PM
                         Higher winter water = lower property values? - Equuspuga - 8/5/2013 5:19:00 PM
                              Higher winter water = lower property values? - MartiniMan - 8/5/2013 5:49:18 PM
                                   Higher winter water = lower property values? - Mike Hunt - 8/5/2013 6:42:48 PM
                                        Higher winter water = lower property values? - MartiniMan - 8/5/2013 9:45:04 PM
                                        Higher winter water = lower property values? - HARRY - 8/5/2013 10:29:04 PM
     A rising tide raises all boats...Sorry - Osms - 8/5/2013 4:01:08 PM
          A rising tide raises all boats...Sorry - MrHodja - 8/5/2013 4:57:18 PM
               A rising tide raises all boats...Sorry - mariah1 - 8/5/2013 6:38:08 PM
                    OK, dudes and dudettes - Osms - 8/5/2013 8:55:59 PM
                         OK, dudes and dudettes - mariah1 - 8/5/2013 9:07:26 PM
                         OK, dudes and dudettes - MrHodja - 8/5/2013 10:45:32 PM
                              Mr. Hodja - Osms - 8/5/2013 11:12:15 PM
                                   Mr. Hodja - MrHodja - 8/6/2013 9:04:27 AM
                              YOUR WIFE SHOULD NOT DRIVE - Mike Hunt - 8/6/2013 9:25:26 AM
                                   YOUR WIFE SHOULD NOT DRIVE - MrHodja - 8/6/2013 9:53:06 AM
                                        YOUR WIFE SHOULD NOT DRIVE - HP HQ - 8/6/2013 10:15:26 AM
                                             YOUR WIFE SHOULD NOT DRIVE - MrHodja - 8/6/2013 10:19:14 AM
                                                  YOUR WIFE SHOULD NOT DRIVE - Mike Hunt - 8/6/2013 11:23:14 AM
                                                       YOUR WIFE SHOULD NOT DRIVE - MrHodja - 8/6/2013 11:44:08 AM
                                        YOUR WIFE SHOULD NOT DRIVE - Summer Lover - 8/6/2013 10:15:36 AM
                                             Did he mean my anuice? - Mike Hunt - 8/6/2013 7:01:28 PM
                                        Mike Hunt claims to be Hodja's wife. - Lifer - 8/6/2013 11:33:18 AM
                                             Mike Hunt claims to be Hodja's wife. - MrHodja - 8/6/2013 11:45:32 AM
                                             Mike Hunt claims to be Hodja's wife. - Mike Hunt - 8/6/2013 11:51:57 AM
                                                  Yep,, Kisma has Re-Appeared. NT - Mack - 8/6/2013 12:15:05 PM
                                                       Yep,, Kisma has Re-Appeared. NT - ChrisCraft - 8/6/2013 12:49:13 PM
                                                       Yep,, Kisma has Re-Appeared. NT - lamont - 8/6/2013 5:35:24 PM
                                                       You knew JJC couldn't stay away. - MythBuster - 8/6/2013 7:35:04 PM
                                                            You knew JJC couldn't stay away. - MrHodja - 8/6/2013 8:08:15 PM
                                                            You knew JJC couldn't stay away. - Mike Hunt - 8/8/2013 10:11:26 AM
                                                                 You knew JJC couldn't stay away. - MythBuster - 8/10/2013 10:38:52 AM
     Higher winter water = lower property values? - lucky67 - 8/7/2013 10:55:14 AM
          Higher winter water = lower property values? - MartiniMan - 8/7/2013 4:54:41 PM
          Culverhouse in Ttown - Mike Hunt - 8/8/2013 10:14:02 AM


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