Quail Creek Reservoir Topics: My property value increase
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Name:
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Maverick
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Subject:
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My property value increase
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Date:
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1/26/2006 6:45:26 PM
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Might be location, location, location or
Minimal water frontage or
Extremely small lots or
Steep lots, or
Way back up in a slough. -- You never know.
All I know is any decent deal on Lake Martin around me has sold within 2 to 3 weeks. I am close to 280 and Wind Creek
Also a fixer upper across the slough, took over 2100 man hours to remodel -- inside and outside completely gutted on a 250' somewhat decent sloped lot sold for $285,000. I was amazed, I was thinking of offering like $150k. The other amazing thing is the remodel has been done for like 6 months and have never seen the new owners at the home, go figure.
You never know, but I can assure the supply side of the market equation is nowhere near what is was 3 to 4 years ago.
Currently there are 192 homes available for sale and of those 96 of them are the 280, Harbor Point and Chuck are condos, so that leaves under 100 homes for sale.
Several years back when I purchased our home there were over 200 homes for sale on the lake and very few where condos
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