Lake Lanier Waterfront Homes With Docks - Your Neighborhood Report! Click here to find out what the most recent Lake Lanier Waterfront Homes With Docks are selling for, median sales prices, average days on the market, area information, and more!
Lake Lanier real estate blog published by Arthur Prescott highlighting Lake Lanier homes, lots and waterfront properties. Information on Lake Lanier activities, dining, vendors, and events. Call Us At 770-309-7531 or 770-844-8484 Email Arthur.Prescott@BHHSGA.com "Arthurize The Best!"
Wednesday, July 31, 2024
Lake Lanier Waterfront Homes With Docks - Your Neighborhood Report!
Tuesday, July 30, 2024
Is Home Value Appreciation Right For You? Here's Our National 2024 Q2 Market Update!
Friday, July 26, 2024
Lake Lanier Waterfront Home Sales For June 2024! Let's Check Sales Trends!
Lake Lanier Waterfront Home Sales For June 2024! Let's Check Sales Trends!
The numbers are in for Lake Lanier home sales for June 2024! Here is a brief recap of the home sales reported in our comparative market analysis, which we will provide via SlideShare later in this article.
Lake Lanier waterfront homes sold: 28
The highest home sale price was $2,000,000
The lowest home sale price was $299,000
The average home sold had four bedrooms, three bathrooms, and no half-bathrooms
The average original list price was $1,147,859
The average list price after price adjustments was $1,130,226
The average sales price was $1,097,938
The sales price versus list price ratio came in at 97.5%
The average total days on the market was 46
Our market analysis is generated each month. It is designed to show you Lake Lanier home sales statistics. Each month, we search the First Multiple Listing Service for home sales (closings) based on the following criteria:
Area: All counties with frontage on Lake Lanier. Specifically Forsyth, Dawson, Lumpkin, Hall, and Gwinnett counties.
Status: Sold (Closed Transactions)
Lake Frontage: The home must be a waterfront property on Lake Lanier as described as water frontage or lake frontage in the First Multiple Listing Service
Property Category: Our analysis includes only residential detached homes as categorized in FMLS.
Sunday, July 14, 2024
Building Wealth Though Home Ownership
Monday, July 08, 2024
Lake Lanier Waterfront Home Sales For May 2024! Let's Check Sales Trends!
Lake Lanier Waterfront Home Sales For May 2024! Let's Check Sales Trends!
The numbers are in for Lake Lanier home sales for May 2024! Here is a brief recap of the home sales reported in our comparative market analysis, which we will provide via SlideShare later in this article.
Lake Lanier waterfront homes sold: 25
The highest home sale price was $2,363,500
The lowest home sale price was $265,000
The average home sold had four bedrooms, three bathrooms, and no half-bathrooms
The average original list price was $1,035,904
The average list price after price adjustments was $1,022,672
The average sales price was $998,036
The sales price versus list price ratio came in at 98%
The average total days on the market was 67
Our market analysis is generated each month. It is designed to show you Lake Lanier home sales statistics. Each month, we search the First Multiple Listing Service for home sales (closings) based on the following criteria:
Area: All counties with frontage on Lake Lanier. Specifically Forsyth, Dawson, Lumpkin, Hall, and Gwinnett counties.
Status: Sold (Closed Transactions)
Lake Frontage: The home must be a waterfront property on Lake Lanier as described as water frontage or lake frontage in the First Multiple Listing Service
Property Category: Our analysis includes only residential detached homes as categorized in FMLS.
Thursday, June 27, 2024
Luxury Real Estate Trends in Georgia
Luxury buyers in Georgia seek more than just a home—they desire an elevated lifestyle, an experience, a sanctuary that reflects their success and sophistication. The current trends in Georgia's luxury market reflect this pursuit of excellence, combining cutting-edge design with timeless elegance. Let us delve into the most coveted features and trends shaping the desires of today’s elite buyers.
Exquisite Architectural Design - Luxury buyers are gravitating towards homes that embody architectural brilliance. From stately Georgian and colonial revivals to sleek, modern masterpieces, the focus is on bespoke design that stands out. High ceilings, grand foyers, and expansive windows that offer panoramic views are in high demand. Custom-built properties with unique architectural elements not only provide aesthetic pleasure but also enhance the exclusivity and prestige of the residence.
Smart Home Integration - In today’s fast-paced world, technology plays a crucial role in luxury living. Smart home integration is no longer a luxury but a necessity. Georgia’s high-end homes are equipped with state-of-the-art automation systems that control lighting, climate, security, and entertainment with a touch of a button or a simple voice command. Buyers seek homes that offer seamless connectivity and advanced security features, ensuring convenience and peace of mind.
Opulent Outdoor Spaces - Luxury extends beyond the interiors, with outdoor spaces becoming as lavish as their indoor counterparts. Buyers desire expansive, meticulously landscaped grounds featuring infinity pools, outdoor kitchens, and living areas complete with fireplaces and plush seating. These outdoor sanctuaries are designed for both relaxation and entertaining, providing a private retreat that enhances the overall living experience.
Wellness and Fitness Amenities - Health and wellness have become paramount, and luxury homes are now incorporating dedicated wellness spaces. Buyers look for properties that offer private gyms, yoga studios, and spa facilities, including saunas and steam rooms. These amenities are not just about fitness; they reflect a holistic approach to well-being, catering to the physical and mental health needs of residents.
Gourmet Kitchens and Wine Cellars - The heart of the home in luxury properties is undoubtedly the kitchen. Gourmet kitchens equipped with top-of-the-line appliances, custom cabinetry, and large islands for entertaining are a must-have. Additionally, wine cellars and tasting rooms are increasingly popular, offering a sophisticated space to store and savor fine vintages. These features are essential for buyers who appreciate culinary excellence and the art of entertaining.
Sustainable Luxury - Eco-consciousness is at the forefront of luxury real estate trends. Buyers are increasingly interested in homes that offer sustainable living without compromising on style and comfort. Features such as energy-efficient appliances, solar panels, and sustainable building materials are highly desirable. Properties that blend luxury with environmental responsibility appeal to the modern buyer who values both elegance and sustainability.
Personalized Spaces - Today’s luxury buyers seek homes that reflect their personal style and cater to their unique needs. This includes everything from custom libraries and home theaters to bespoke dressing rooms and private offices. Personalization extends to every aspect of the home, ensuring that each space is tailored to the owner’s lifestyle and preferences.
Prime Locations - Location remains a cornerstone of luxury real estate. In Georgia, affluent buyers are drawn to prestigious neighborhoods that offer both privacy and proximity to cultural and social amenities. Areas like Buckhead in Atlanta, with its upscale dining, shopping, and top-rated schools, are highly sought after. Additionally, properties with breathtaking views, whether of the city skyline or serene natural landscapes, command premium prices.
In Georgia’s luxury real estate market, the pursuit of the perfect home is an art form, where every detail is crafted to meet the highest standards of excellence. From architectural grandeur and smart home technology to opulent outdoor spaces and sustainable features, today’s luxury buyers seek homes that offer an unparalleled living experience. As the market evolves, staying attuned to these trends ensures that each property not only meets but exceeds the expectations of the most discerning clientele.
For those seeking to elevate their living and invest in a home that epitomizes luxury, Georgia offers a wealth of opportunities. Let us guide you through this exquisite journey, where your dream home awaits.
Tuesday, June 25, 2024
Three Budget-Friendly Room Makeovers Under $100 to Boost Your Home's Value
Transforming a room on a budget can significantly enhance your home's appeal and value. Here are three top makeover ideas that you can achieve for $100 or less:
Fresh Coat of Paint - A new coat of paint can dramatically refresh any room. Select neutral colors like soft grays, beiges, or whites to create a brighter and more spacious feel. With quality paint and supplies costing around $50, this makeover is both affordable and impactful.
Update Lighting Fixtures - Modern lighting fixtures can elevate a room’s ambiance. Swap out outdated fixtures for stylish, contemporary ones. Look for deals at home improvement stores where you can find affordable options. Adding energy-efficient LED bulbs further enhances the space, all within a $100 budget.
Improve Hardware - Upgrading hardware is a simple yet effective way to modernize a room. Replace old drawer pulls, cabinet handles, and doorknobs with sleek, modern alternatives. Stylish hardware is available at hardware stores or online for a fraction of your budget, making this an easy and cost-effective update.
By focusing on these three makeover strategies, you can give any room a fresh, appealing look that adds value to your home without breaking the bank.
Wednesday, June 19, 2024
Favorable Conditions Emerge in Georgia's Housing Market for Home Buyers
The real estate market in Georgia is currently exhibiting signs of becoming more favorable for home buyers. Several key factors contribute to this shift, making it an opportune time for prospective homeowners to consider entering the market.
Lower Mortgage Rates
One of the most significant developments is the decrease in mortgage rates. The interest rates for a 30-year home loan have dropped to 6.99%, a slight decline from the previous week. This reduction in borrowing costs can lower monthly mortgage payments, making homeownership more accessible and affordable. This trend is encouraging more buyers to explore the market, bolstered by the increased affordability.
Increased Listings and Price Adjustments
The market has also seen a surge in new listings. This influx of available properties provides buyers with a wider selection and increases the chances of finding homes in more affordable areas of Georgia. As competition among sellers intensifies, stabilization and some reductions in asking price are noticeable. Currently, home sale prices remain high, but the scarcity of buyers has compelled sellers to adjust their prices and terms to attract interest.
Decision-Making Flexibility
Buyers are also benefiting from increased decision-making flexibility. The median days on the market have slightly decreased. While this is a minor reduction, it still indicates that homes are staying on the market long enough for buyers to thoroughly evaluate their options and make informed decisions. This extended timeframe can alleviate the pressure to make quick offers and provide buyers with the confidence to negotiate better deals.
Overall, the current conditions in Georgia's housing market are creating a more favorable environment for home buyers. Lower mortgage rates, an increase in available listings, reduced asking prices, and ample time to make decisions are all contributing factors. For those considering purchasing a home in Georgia, now may be an ideal time to take advantage of these market dynamics.
Tuesday, June 18, 2024
Lake Lanier Waterfront Home Sales For April 2024! Let's Check Sales Trends!
Lake Lanier Waterfront Home Sales For April 2024! Let's Check Sales Trends!
The numbers are in for Lake Lanier home sales for April 2024! Here is a brief recap of the home sales reported in our comparative market analysis, which we will provide via SlideShare later in this article.
Lake Lanier waterfront homes sold: 43
The highest home sale price was $3,725,000
The lowest home sale price was $249,000
The average home sold had four bedrooms, three bathrooms, and one half-bathrooms
The average original list price was $1,283,714
The average list price after price adjustments was $1,224,565
The average sales price was $1,167,639
The sales price versus list price ratio came in at 96%
The average total days on the market was 56
Our market analysis is generated each month. It is designed to show you Lake Lanier home sales statistics. Each month, we search the First Multiple Listing Service for home sales (closings) based on the following criteria:
Area: All counties with frontage on Lake Lanier. Specifically Forsyth, Dawson, Lumpkin, Hall, and Gwinnett counties.
Status: Sold (Closed Transactions)
Lake Frontage: The home must be a waterfront property on Lake Lanier as described as water frontage or lake frontage in the First Multiple Listing Service
Property Category: Our analysis includes only residential detached homes as categorized in FMLS.
Tuesday, May 07, 2024
Lake Lanier Waterfront Home Sales For March 2024! Let's Check Sales Trends!
Lake Lanier Waterfront Home Sales For March 2024! Let's Check Sales Trends!
The numbers are in for Lake Lanier home sales for March 2024! Here is a brief recap of the home sales reported in our comparative market analysis, which we will provide via SlideShare later in this article.
Lake Lanier waterfront homes sold: 16
The highest home sale price was $2,400,000
The lowest home sale price was $500,000
The average home sold had four bedrooms, three bathrooms, and one half-bathrooms
The average original list price was $1,217,447
The average list price after price adjustments was $1,172,447
The average sales price was $1,101,135
The sales price versus list price ratio came in at 94.9%
The average total days on the market was 42
Our market analysis is generated each month. It is designed to show you Lake Lanier home sales statistics. Each month, we search the First Multiple Listing Service for home sales (closings) based on the following criteria:
Area: All counties with frontage on Lake Lanier. Specifically Forsyth, Dawson, Lumpkin, Hall, and Gwinnett counties.
Status: Sold (Closed Transactions)
Lake Frontage: The home must be a waterfront property on Lake Lanier as described as lake frontage in the First Multiple Listing Service
Property Category: Our analysis includes only residential detached homes as categorized in FMLS.
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