Lake Lanier Topics: What is Value of this Lot??

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	Name:	Feb -
	Subject:	What is Value of this Lot??
	Date:	8/25/2006 9:49:55 AM

No Osms, I do not know the value of property in the Ridge, other than it is exclusive and expensive from what I have heard. I have not even been over to the Ridge in over two years. I also do not know the value on most of the property around the Lake. I do know what I desire personally, and I am sure it differs from what some others may desire. I have heard some recent values in Parker Creek and have been somewhat surprised. I like this area of the Lake.

Please reread my above post to Maverick and my recommendation to him. The only time I have had any first hand knowledge of values of lots and improved proprty was restricted to the Parker Creek area back when I bought my place. The experience came from shopping the market and in the hands of a capable Realtor. The only soul who has hazard an opinion was RR at one point five million.

I have always maintained from shopping other Lakes in other parts of the US that property in the past has been underprised for what you are getting on Lake Martin. I have stated repeatedly I personally thought values would continue to excalate on Lake Martin. I believe with few exceptions I was right. I also maintain prices will continue to excalate but not as much as in the past. There is a big difference in a one percent escalation on a million dolllars than on a hundred thousand dollars.

Maverick did not state the asking price. It would be interesting to hear the number.