| Name: |
Almost50
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| Subject: |
Where are deals on houses?
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Date:
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3/4/2007 9:56:07 PM
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Where are the attractive deals on newer waterfront houses on the lake?
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| Name: |
Feb
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| Subject: |
Go to the Bottom
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Date:
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3/4/2007 10:42:53 PM
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of the Forum page and click on Site Index. There are some properties listed under "Real Estate". Then under "Businesses" there are a numbere of real estate agents and agencies listed. This should give you a starting point.
I don't thnk attractive deals appear too often on the Lake. There might be some attractive deals on multi-million dollar properties, but have not heard of any for deeded property on the water under a million,
You maybe looking for a Buyer''s Agent if you are unfamiliar with the Lake.
Finding deals on the "Crown Jewel fo the South" are gone before they are even listed.
If you are relocating from other parts of the country (other lake properies) then all the listing may seem like spectacular deals compared to what you are familiar with.
There are a lot of properties not for sale.
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| Name: |
au67
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| Subject: |
Where are deals on houses?
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Date:
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3/4/2007 10:46:27 PM
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Generally, it depends on whether you are buying or selling. If you're buying, there don't appear to be any! But then, when I bought my lot a few years back for thirty grand, I didn't think I was getting a deal. Time has certainly proved me wrong. Considering the escalating prices over the years, most all investments on the lake have been good deals.
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| Name: |
pontoon
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| Subject: |
Where are deals on houses?
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Date:
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3/5/2007 7:45:37 AM
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With over 200+ condo's on the market & not sold
Looks like name your price
Good luck, some beautiful units available
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| Name: |
boataholic
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| Subject: |
Where are deals on houses?
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Date:
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3/5/2007 8:57:10 AM
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Buy the best you can afford that meets your criteria for view, water frontage and depth, and a livable house. Regardless of what you pay, it will look like a bargain in 2-3 years. If you concentrate too much on price, in 2-3 years you'll wish you had bought better back when everything was cheap.
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| Name: |
Almost50
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| Subject: |
Where are deals on houses?
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Date:
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3/5/2007 9:33:15 AM
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Thanks. Think the condo market is saturated....
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| Name: |
Almost50
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| Subject: |
Where are deals on houses?
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Date:
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3/5/2007 9:36:40 AM
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Good advice. Thanks, I'll stick to your comments.
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| Name: |
John C
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| Subject: |
5 Mistakes LM Buyers make
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Date:
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3/6/2007 12:44:01 PM
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I agree with the folks above - plenty of condos for sale = buyers' market.
Single family homes (priced right) are still extremely competitive.
I wrote an article on my blog about what mistakes some folks make when buying on Lake Martin, see the link below, hope it helps.
URL: Lake Martin Voice- 5 Mistakes Buyers Make on Lake Martin
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| Name: |
Feb
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| Subject: |
5 Mistakes LM Buyers make
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Date:
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3/6/2007 4:19:00 PM
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John, One point you might add to your list is need for buyers to check out potential purchases at different times of the day and/or the year. It is true in all markets, but it maybe more true on Lake Martin.
What does the lot look like at low pool?
What is the activity level like during prime boating/water sports season at a specific spot?
I hear so many folks complaing about boat traffic, big waves, jet skis, kaorke music, loud bands and etc. Some of us do not mind limited boat access during the winter but others want deep all year round water. What is the view of the sunrise or sunset both in the summer and in the winter? I have heard folks on this Forum totally flabargasted when they found not a drop of water in their slough in January. They could not envision growing mustard, turnip and other greens on the dry lake bed. Then there was one or two who wanting to start a revolution based upon karoke and pizza serving boat business in their slough.
It would be nice for a seller to have photos of the property when the water is down. The falls and winter seasons also shows the water wash off points of a lot or surrounding woods. Where and and who are the nearest fire departments and fire hydrants?
Do you have hunting clubs and/or huntings lands adjacent to your desired new property. Logging is and continues to be an evil around lake property. There is so much clear cutting going on with little effort to reforest the land.
Last and but not least (my pet peeve) is there a lot of litter on the pubilic right of ways. Are there signs to JimBob"s Lake Houes, advertising, adds looking to buy lake property and etc. nailed on every tree and telephone post in the neighborhood?
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| Name: |
boataholic
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| Subject: |
5 Mistakes LM Buyers make
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Date:
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3/6/2007 7:11:16 PM
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Good comment about low pool. If you can't get pictures, take a long stick or stiff tape measure to the end of the dock and measure the water depth to calculate if you'll have any water in the winter.
Also, don't buy property just because the spouse likes the house. The house is probably 1/3rd the value. A great house on a mediocre lot will be regretted later. A similar warning goes for condos and townhouses. Many are gorgeous inside, but be sure you are going to feel liberated by having common grounds; some of us feel confined and restricted by common grounds.
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| Name: |
Almost50
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| Subject: |
5 Mistakes LM Buyers make
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Date:
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3/7/2007 12:20:31 AM
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Thanks!
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| Name: |
pontoon
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| Subject: |
5 Mistakes LM Buyers make
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Date:
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3/7/2007 7:25:45 AM
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The condo's would be great for younger weekend warriors who do not want to work over a beautiful weekend, but spend fun time with family-
The downfall is the market has not set the prices, They are still priced very high and in the long run will prove a poor investment - if the market sets the price
Supply & Demand
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| Name: |
roswellric
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| Subject: |
Speaking of Logging
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Date:
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3/7/2007 8:51:07 AM
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Feb explain to me how all this clearcutting and then burning is good for the land? Most of the dirt around here won't grow grass hardly. After burning off all the plant material and killing the soil microbes there is probably no topsoil left.
Worse, logging like its being done is creating a situation that causes erosion and runoff into the lake. There are no silt fences, no buffers. Why is Al Power or the EPA worried about a little disturbance at the shoreline when tons of silt and sediment (sewage too?) is being dumped into the lake everytime it rains.
I wonder why Tallapoosa county doesn't make these loggers leave buffers between the cutting and the roads. Talk about ugly. On top of that I'll bet the landowners are getting the agicultural tax deferrals while tearing up the roads running loggin trucks around.
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| Name: |
Tallyman
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| Subject: |
The lake also rises
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Date:
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3/7/2007 11:17:38 AM
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I love my condo because I don't have time to both drive to the lake, and to take care of lawns and the like. I also like having a lot of people around since I don't know anyone at the lake.
What I really would like is for the water to rise sufficiently so that I can enjoy the lake. There is no point in me driving up there if the pool is 482.
Actually, we need to see if we can get the process changed where the lake is drained each year. I can't understand why that is done.
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| Name: |
John C
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| Subject: |
Thanks for the comment Feb
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Date:
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3/7/2007 11:59:30 AM
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That is a great point about view and also water level. I wrote another article attempting to cover the high points about the water level (it's such a big subject it's hard to cover in 1 post, much less by an un-expert in the water wars like me). The post is linked below.
I really appreciate the helpful suggestions on my blog posts. Please feel free to "comment" directly on my site by looking on the bottom of each article where it says "leave a reply." If you are reading the article summaries on the home page you can click the "comments" word just under each headline. Commenting does 2 things:
1. it lets me know what readers are interested in and what they would like to discuss but, more importantly,
2. it gives the reader so much more information beyond my original post. So someone, eg, from Alaska reading to learn about buyer mistakes, can benefit from everyone's comments.
Thanks,
John
URL: When Does The Water Level Gown Down On Lake Martin?
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| Name: |
Feb
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| Subject: |
You and I
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Date:
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3/7/2007 12:38:01 PM
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are on the same side with this issue. So, I don't need to explain it to you. You have it down pat. Maybe it is the property owners to blame. They just want to sell off the timber and take the money. You would like there to be a requirement for land to be healed after the raping. I would be somewhat happy just to see new seedling pines planted for future generations. Look at the eyesore at the intersection of 259 and 20 East. Like you said, they do not even clean up after themselves. We did a better job with jungle clearing in Nam.
Sorry for the rant.
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| Name: |
au67
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| Subject: |
Thanks for the comment Feb
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Date:
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3/7/2007 1:05:22 PM
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The only way the guidelines Alabama Power Company uses for controlling the lake levels are going to change will be through the Martin Dam Relicensing process. This is lenghty and will not go into effect until 2013.
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| Name: |
PC Al
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| Subject: |
Hope your date is wrong.
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Date:
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3/7/2007 2:13:01 PM
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Are you sure it is 2013? I hope not. I thought I had read somewhere it came up in a couple of years or so. I know the Coosa River application is in the process of approval now. I know several people living on Lake Logan Martin and they are all pretty confident they are going to get approval to only lower that lake three feet in winter months. It is thought it will be a real boost to that area economically, to have people staying at their lake places year round. Rumor again, but supposedly the renewal for our lake, whenever that is, will only take it down five feet. Sure would be nice as far as I am concerned.
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| Name: |
Feb
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| Subject: |
Don't Think
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Date:
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3/7/2007 5:36:45 PM
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You will see the Lake stay at full pool year round. Let me say it this way, the Lake has been on a low to full pool operation for generations. Why do we think it will or should stop.
Yes, you own a condo and are not concerned about some of the considerations many of us appreciate. We can clean, rake and improve the lake bottom in front of our property (not change it but clean it) so it will make summer swimming safer and more enjoyable. We can perform maintenance on our boat houses, piers and seawalls while the water is down. We can walk the area and see things we never knew since they were covered with water. It makes the fishing much better when the Lake is lowered.
Things have been "Just Fine" for a long time now. Don't see the need to change it for those seeking, including condo owner, instant gratification.
We sometimes forget the things making the Lake so special to all of us. Plus with the water level controlled, we never have to worry about flooding or flood control.
My personal thoughts.
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| Name: |
au67
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| Subject: |
Hope your date is wrong.
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Date:
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3/7/2007 9:56:57 PM
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Existing license was issued in 1978.
Existing license expires in 2013.
Application for new license must be filed in 2011.
Relicensing process typically takes 5-7 years.
Relicensing process is underway.
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| Name: |
Osms
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| Subject: |
Logan Martin
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Date:
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3/7/2007 10:17:45 PM
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is not exactly the best example of a lake to not lower. About 20 years ago the wizards that control the flood gates decided not to release water down stream after a huge rain. The lake flooded to 10 feet ABOVE full pool, almost overnight. Boats went through the roofs of boat houses, homes flooded, roads washed out or were impassable. Not a pretty sight.
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| Name: |
PC Al
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| Subject: |
Thanks
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Date:
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3/7/2007 10:26:29 PM
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Thanks for that info AU67 and to Osms, you are right about that lake. Don’t know about 10 feet, but according to my friends, it gets out of the banks and into yards and boathouses almost every spring, even with the flood gates open. It is a very, very shallow lake. You run into sand bars in the middle of the river when it is near full pool. They need every foot they can get, winter or summer.
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| Name: |
au67
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| Subject: |
Note of interest
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Date:
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3/7/2007 10:37:00 PM
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Some one may have already posted this. If so, just bear with me.
At the Martin Dam Relicensing Workshop on 1/30/07, the following info was distributed:
"In the 1920's when land was being purchased for construction of the Project, a locally established reference point known as Martin Datum was utilized for determining elevations. Today, most figures, drawings and general references are shown in mean sea level, or msl, which FERC also uses as it's standard. Martin Datum is the equivalent of 1 foot below msl. Throughout this document and during the relicensing process and thereafter, all elevations will be presented in msl rather than Martin Datum. For example, the Lake Martin normal summer pool will be shown as El. 491 msl (which is equivalent to El. 490 Martin Datum)."
My take on this is somebody was just off the mark by 1 foot back in the 20's and they are finally going to correct it!
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| Name: |
roswellric
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| Subject: |
Logan Martin
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Date:
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3/8/2007 10:38:02 AM
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Good point. Managing a lake level for lakes this size is probably more art than science. I sure wouldn't want the job.
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| Name: |
LifeTime Laker
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| Subject: |
The lake also rises
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Date:
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3/8/2007 3:49:54 PM
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The lake is lowered for flood control. If it wasnt tallassee would be washed off the map each spring. Just be glad that you are here now and not as late as the 60's. The original drawdon was 50ft, in the 60's it was still at 30ft. some of us are proud of the 10ft. we currently have.
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| Name: |
Tallyman
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| Subject: |
Instant gratification
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Date:
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3/9/2007 10:49:54 AM
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I want it now.
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| Name: |
Feb
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| Subject: |
LOL, At Least You are Honest
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Date:
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3/9/2007 11:29:29 AM
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