Wednesday, June 19, 2013

Inventory Of Lake Lanier Homes For Sale Increasing As Summer Heats Up!

A change is underway this Summer at Lake Lanier.  Like most Summers of past, the real estate market is heating up, and we are noticing a dramatic increase in the number of homes for sale on Lake Lanier.  But this year, things seem a bit different.  With the lake water level still over full pool, it seems like the perfect time to put lake homes on the market and take advantage of Lanier's extraordinary beauty when the lake is full and healthy.

We've noticed the increase in inventory in our daily look at new listings.  This prompted us to check the inventory level.  Sure enough, our research showed 395 homes for sale at Lake Lanier that have a dock, slip or dock permit in place.  That number is growing!  And what else do the numbers show us?  The most expensive home in our search came in at $19,900,000 located at 6531 Athletic Club Drive in Flowery Branch.  The least expensive home in the search results was this small modular home at 6964 Dee Lane on the north end of Lanier in Murrayville.  Between the extremes, the median list price of a Lake Lanier home in our results came in right near $500,000.  What does half a million bucks buy?  Take a look at 5739 Harbor N in the Hidden Harbor neighborhood in Gainesville.

High water at Lake Lanier brings lots of recreational visitors to the lake, which often stirs a greater desire to own and live on Lanier.  High water levels also tend to mask or even hide the obstacles and negatives of Lake Lanier property shorelines, dock settings, and limitations on access to the water.  With lots of real estate currently for sale on the lake, there are lots of properties to explore.  You can see every property in its potentially best setting and environment when the lake is full.  This, in turn, requires caution in selecting the right property for all conditions, especially when the water recedes.  Be careful in your selection of Lake Lanier homes to consider purchasing during these high water times.  Partner with an experienced Lake Lanier real estate agent or lake expert who can point out potential concerns when the water levels recede.  It is a beautiful setting right now on Lake Lanier, but remain cautious when evaluating properties under these conditions.

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Lake Sidney Lanier Homes is the most comprehensive online source for information on Lake Lanier homes for sale and Lake Lanier area real estate. View the latest Lake Lanier home listings, foreclosures, lots, land, sales trends and real estate topics on Lake Lanier. Arthur Prescott is an Accredited Buyer's Representative and Certified Residential Specialist with over a decade of Lake Lanier real estate experience. If you would like to schedule a free buyer or seller consultation, please feel free to contact us directly at 678-513-2014 or email us at APrescott@PrudentialGeorgia.com.
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