Lake Sidney Lanier Homes Blog

Monday, December 17, 2018

November 2018 Real Estate Market Report For Forsyth, Dawson & Lumpkin Counties!

November 2018 Real Estate Market Report For Forsyth, Dawson & Lumpkin Counties! All data is courtesy of the 400 North Association of REALTORS®.

Highlights: (compared to November 2017)

Forsyth County
Infographic - https://create.piktochart.com/output/35007218-400n-11_2018-forsyth
Total single family home sales: 286 (12.5% decrease)
Median sales price: $345,000 (0.0% change)
Average sales price: $367,000 (0.5% decrease)
Total active listings: 1,241 (0.9% increase)
New listings: 277 (3.5% decrease)
Month’s Supply: 3.3 (0.9% increase)

Dawson County
Infographic - https://create.piktochart.com/output/35007334-400n-11_2018-dawson
Total single family home sales: 44 (10.2% decrease)
Median sales price: $318,000 (38.3% increase)
Average sales price: $378,000 (39.0% increase)
Total active listings: 200 (1.0% decrease)
New listings: 40 (33.3% increase)
Month’s Supply: 4.3 (6.7% decrease)

Lumpkin County
Infographic - https://create.piktochart.com/output/35007430-400n-11_2018-lumpkin
Total single family home sales: 27 (25.0% decrease)
Median sales price: $212,000 (9.8% increase)
Average sales price: $236,000 (14.6% increase)
Total active listings: 157 (20.8% increase)
New listings: 34 (6.3% increase)
Month’s Supply: 4.8 (21.1% increase)

Beautiful scenery along the Chestatee River @ Lake Lanier

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 Berkshire Hathaway HomeServices Georgia Properties. He has 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 www.LakeSidneyLanierHomes.com or 770-844-8484 or email us at Arthur.Prescott@BHHSGeorgia.com.

Thursday, December 13, 2018

We Are One Of The Lucky Few To Experience A Guided Tour Of The Buford Dam Power House At Lake Lanier!

Many thanks to Nick Baggett with the United States Army Corps of Engineers office at Buford Dam! Mr. Baggett set up a full tour of the Power House facility at Buford Dam. The Corps of Engineers does very few tours of this facility, and I must say that this one was a very special treat. For security reasons, photos are not allowed to be taken at most of the facility, but we were allowed to take a few photos from the observation deck on top facing the lake and from the river observation area facing downstream into the Chattahoochee River.

View of West Bank Park from Buford Dam @ Lake Lanier.

View from the lower level of Power House down the Chattahoochee River as water exits the dam.

View of West Bank Park from Buford Dam @ Lake Lanier.

The Lake Lanier Buford Dam Power House was built in the early 1950s when Lake Lanier was initially constructed. It was truly fascinating to go through the entire facility and see the remarkable construction and craftsmanship that went into building the dam and Power House. I saw lots of working equipment with familiar names like General Electric and Westinghouse. Items that were still in use, clean, well-kept and almost perfectly conditioned as they likely were at installation time in the 1950s! Large-scale items designed to lift heavy equipment were observed in many areas of the facility. It was a bit of a walk back in time. We toured many of the floors of the powerhouse as well as walking through damp tunnels surrounded by stone and traveling up an old, small elevator as we ascended from floor to floor. Once again, just a fascinating tour, almost like walking back into a time capsule. However, despite its age, the Power House is functioning quite well today, and it provides power that is used in many of the surrounding counties and communities. A testament to the longevity and the quality of what Americans can build! From the 1950s until today and still operating quite well!

After touring the Power House, we were taken to the United States Army Corps of Engineers office at Lake Lanier. Once we arrived at the office, we got a chance to meet some of the staffers in the Parks and Recreation Division as well as in the Shoreline Management Division. As you would expect, many agents had lots of questions for the folks over in Shoreline Management. As always, everyone in the Corps' office was helpful and very knowledgeable about answering our questions. They urged us to make sure that all of our clients reach out to the Shoreline Management Division when considering the purchase of a waterfront property that has a dock permit. This process can be initiated via email or via a phone call to the Shoreline Management Division. It's a great way for clients that are new to Lake Lanier to understand the permitting process, what they will need to do in order to put the dock permit in their name, and to make sure that the permit is in good order and free of current violations.

Again, I really want to thank Nick for treating us as a special group and providing us access to a facility that very few people are ever allowed to see. What an enjoyable and educational day! Here are a few more photos from the trip!

View from the lower level of Power House down the Chattahoochee River as water exits the dam.

Tuesday, December 11, 2018

Lake Sidney Lanier Homes And Arthur Prescott - Buying & Selling Lake Lanier Homes For Our Clients Since 2001! Throwback!

Lake Sidney Lanier Homes And Arthur Prescott - Buying & Selling Lake Lanier Homes For Our Clients Since 2001! Throwback!

Today, as part of our throwback series we are highlighting this waterfront property located at 6902 Dee Lane in Murrayville, Georgia. We assisted our clients in selling this home in December of 2003! This was a four bedroom, three and one-half bath home on a full finished basement. Estimated at about 5,541 square feet, built in 2002 on a 0.59 acre, waterfront lot with a double-slip dock and party deck. The home was virtually new at the time that we listed it, and really was an incredible opportunity! The closing price of this sale was $487,000. By today's standards, that would be an insane bargain for a virtually new home, on great water, with a double-slip dock! This was a solid buy in 2003, and it would be an incredible bargain today!

Lake Lanier waterfront home sold by Arthur Prescott - Lake Sidney Lanier Homes 2003

Thursday, December 06, 2018

Lake Sidney Lanier Homes And Arthur Prescott - Buying & Selling Lake Lanier Homes For Our Clients Since 2001! Throwback!

Lake Sidney Lanier Homes And Arthur Prescott - Buying & Selling Lake Lanier Homes For Our Clients Since 2001!

Just recently, I thought about how much fun it would be to look back at some of the homes that we've assisted our clients in buying and selling on Lake Lanier. After all, we've been effectively representing our buy-side and sell-side clients with their real estate on Lake Lanier since 2001.

Today, I thought that I should start a little throwback series that would highlight some of these properties. For example, this gem located at 3390 Small Woods Lane in Gainesville, Georgia.

We assisted our buy-side client in purchasing this home in February of 2004. This was a three bedroom, three and one-half bath home on a full finished basement. Estimated at about 5,343 square feet, built in 1994 on a 1.2-acre, waterfront lot with a dock and party deck. The closing price for this purchase was $525,000. Look at this amazing view! What would you pay for this today?! Investing in Lake Lanier is a good thing! (-:

Tuesday, December 04, 2018

Just Sold By Arthur Prescott & Mike Liberatore Of The Lake Sidney Lanier Homes Team! This Lake Lanier Waterfront Home Was A Builder's Own Custom, Luxury Lake Home At 119 Winterhawk Cove On Thompson Creek!

Just Sold by Arthur Prescott & Mike Liberatore of the Lake Sidney Lanier Homes Team! This Lake Lanier Waterfront Home Was A Builder's Own Custom, Luxury Lake Home At 119 Winterhawk Cove On Thompson Creek!

Property Description

Step inside this Lake Lanier waterfront home and you'll be stunned at what you find! This property is an absolute must-see home! True builder quality and attention to detail with all of the features and comforts that you could ever want in a Lake Lanier property!

Luxury Lake Lanier waterfront home on the deep water of scenic Thompson Creek! Meticulously built in 2006 with the finest materials & attention to detail! Four large bedrooms, four full baths, two nicely appointed kitchens, hardwood floors, tongue & groove ceilings, quartz counters, tumble stone backsplash, and two custom-built stone fireplaces that are absolutely stunning! Other interior features include a huge bonus room/office, finished terrace level, oversized two car garage with a third boat garage/workshop below on the terrace level. There are plenty of additional rooms to use as bedrooms, an office, gym, and more! Exterior features include a gated entry, a new outbuilding, a gently sloped lot, easy access to a double-slip dock with party deck that has new flotation, electric power, and rip-rapped shoreline! This home is so perfect and is a must see home if you are shopping for a high-quality luxury lake home in the $700,000 to $800,000 price range! It was built by the current owner, who is a builder and created this lovely property as his own luxury residence.

Sale Price: $745,000

Click Here For The Full Sales Details Of 119 Winterhawk Cove!

Click Here For All Of The Beautiful Photos Of 119 Winterhawk Cove!

Aerial view 119 Winterhawk Cove, Dawsonville, GA

Front view 119 Winterhawk Cove, Dawsonville, GA

Lake view 119 Winterhawk Cove, Dawsonville, GA

Double-slip dock with party deck 119 Winterhawk Cove, Dawsonville, GA

Terrace level patio 119 Winterhawk Cove, Dawsonville, GA

Rear porch 119 Winterhawk Cove, Dawsonville, GA

Rear Porch 119 Winterhawk Cove, Dawsonville, GA

Great Room View with stunning custom-built fireplace 119 Winterhawk Cove, Dawsonville, GA

Front Entry 119 Winterhawk Cove, Dawsonville, GA

Guest bedroom on main level 119 Winterhawk Cove, Dawsonville, GA

Dining room 119 Winterhawk Cove, Dawsonville, GA

Great room 119 Winterhawk Cove, Dawsonville, GA

Main level kitchen 119 Winterhawk Cove, Dawsonville, GA

Master bedroom 119 Winterhawk Cove, Dawsonville, GA

Click Here For Beautiful Photos Of The Terrace Level And More Of 119 Winterhawk Cove!

Congratulations to our sellers! And congratulations to the new home owners on their purchase of this incredible Lake Lanier home! Many thanks to Debra Rider of Keller Williams Realty Atlanta Partners for her expert representation of the buyers in this sale!

Saturday, December 01, 2018

Just Sold! Eric White Of The Lake Sidney Lanier Homes Team Delivers Another Stunning, Newly Constructed Home To Our Latest Lake Lanier, Buy-Side Clients!

6540 Beacon Station Drive - Located In St. Michael's Bay On Lake Lanier

Our clients from North Carolina needed an updated home with all of the amenities and features found only in today's most modern homes. They wanted to be in a beautiful home with a relaxing setting on Lake Lanier, or very close to Lanier. Additionally, weekday work commute time was a factor, so we needed to shift our search to homes mainly on the south end of the lake.

After looking at numerous resale homes throughout the area, our clients made the decision to have a new home constructed in the gated, resort community of St. Michael's Bay On Lake Lanier! St. Michael's Bay offers everything that many Lake Lanier residents desire, including the option to build through Peachtree Residential Builders.

St. Michaels Bay wants you to "Live Life In Full Gear." Swim gear. Tennis gear. Boating gear. Hiking gear. You're going to need it all when you move into your new home at St. Michaels Bay. This never-a-dull-moment neighborhood combines stunning Peachtree-tailored homes and amenities to the max. There's no better place for active families to keep their lives in motion!

The Gorgeous New Great Room At 6540 Beacon Station Drive - Located In St. Michael's Bay On Lake Lanier

The Beautiful New Kitchen 6540 Beacon Station Drive - Located In St. Michael's Bay On Lake Lanier

Eric was able to direct our clients through the new home construction process and monitor the action on the ground as our clients continued to live in North Carolina until construction was complete.

Congratulations to our clients on their fabulous new home! We are certain that they've made an excellent choice and a smart investment! We can't wait for them to kick back and enjoy all of the aspects of this wonderful lakeside community and location!

Click Here For Homes Currently Listed For Sale In St. Michael's Bay!

Please contact us if you are considering a move to the Lake Lanier area. Our team of Lake Lanier real estate experts can help you find the perfect home. As Lake Lanier homeowners and enthusiasts, we specialize in the Lake Lanier lifestyle!

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 Berkshire Hathaway HomeServices Georgia Properties. He has 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 www.LakeSidneyLanierHomes.com or 770-844-8484 or email us at Arthur.Prescott@BHHSGeorgia.com.

Tuesday, November 27, 2018

Just Sold! Eric White Of Lake Sidney Lanier Homes Delivers Another Perfectly Fitting Home To Our Latest Lake Lanier, Waterfront, Buy-Side Clients!

Just Sold! Eric White Of Lake Sidney Lanier Homes Delivers Another Perfectly Fitting Home To Our Latest Lake Lanier, Waterfront, Buy-Side Clients!

More Lake Lanier home buyers are trusting Lake Sidney Lanier Homes to guide them through the process of locating and purchasing their Lake Lanier waterfront dream home. Our latest client met Eric back in the Summer and started their search for the perfect lake home. After looking carefully at homes for a few months, Eric was able to locate a fantastic opportunity on this excellent waterfront home in Gainesville. Our buyer just recently closed on the property and is working through the move-in process as we proceed through the listing and sale process of his previous home. What an excellent lake investment for the money, and a home that our client will thoroughly enjoy! Here's a look at the winning property!

Property Description:

So many things make this the perfect lake home! Situated on over an acre, private wooded, with fruit trees and a large garden area. Plenty of parking for boats, trailers and guests. Very low maintenance vinyl siding and Trex decking. All new windows, patio slider doors and HVAC (2016). Main level open floor plan, master on main. The loft provides for additional bedroom and office space. The basement features custom-built wood bar perfect for entertaining after a day on the lake. Short gentle walk to dock with path lights. Deep water cove! Permitted for double slip dock.

Sale Price 2334 Sportsman Club Road, Gainesville, GA: $445,000

Congratulations to Eric and our happy clients, and many thanks to Amber Pindak of Keller Williams Lanier Partners for her professional practice as the owner and listing agent of the property in this sale!

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 Berkshire Hathaway HomeServices Georgia Properties. He has 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 www.LakeSidneyLanierHomes.com or 770-844-8484 or email us at Arthur.Prescott@BHHSGeorgia.com.

Sunday, November 25, 2018

Georgia Housing Market Snapshot For October 2018

Georgia Housing Market Snapshot For October. All information provided courtesy of the Georgia Association REALTORS®.

Key indicators for the Georgia housing market for October are here. Prices are rising, sales have slowed and inventory continues to shrink.

New Listings increased 11.5 percent to 14,643.
Pending Sales were up 2.9 percent to 10,384.
Inventory levels shrank 0.9 percent to 37,196 units.
The Median Sales Price increased 7.9 percent to $215,850.
Days on Market was down 10.9 percent to 49 days.
Months Supply of Inventory was down 5.4 percent to 4 months.

Overall, Georgia's housing market remains on the incline, though not as significant as in previous years. Please click below to view the full report for October.

Georgia Housing Market Snapshot For October 2018 from Arthur Prescott

Thursday, November 22, 2018

2018 U.S. Houzz Bathroom Trends Study

2018 U.S. Houzz Bathroom Trends Study... Findings from a survey of 1,144 U.S. homeowners on Houzz about their recent or planned master bathroom renovation projects.

Is your bathroom in desperate need of a renovation? Before you get started, make sure to check out this data on bathroom trends from this year. Just a reminder - if you are cognizant of your home’s resale value, there is such a thing as too trendy.

Click here for the 2018 U.S. Houzz Bathroom Trends Study

By Houzz Research - See more Home Design Photos

Wednesday, November 21, 2018

Lake Lanier Waterfront Home Sales For October 2018! Let's Check The Sales Trends!

The numbers are in for Lake Lanier home sales for the month of October 2018! Here is a brief recap of the home sales as reported in our comparative market analysis that we will provide via SlideShare later in this article.

Lake Lanier waterfront homes sold: 26

The highest home price sale was $1,475,000

The lowest home price sale was $154,250

The average home sold had four bedrooms, three bathrooms, and 1 half bathrooms

The average build date was 1991

The average original list price was $684,769

The average list price after price adjustments was $667,496

The average sales price was $645,090

Sales price vs original list price ratio came in at 94.55 %

Average total days on market was 105

Lake Lanier Home Sales Analysis October 2018 from Arthur Prescott

Lake Lanier Waterfront Home Sales Listings October 2018 from Arthur Prescott

Our market analysis is generated at the beginning of 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.

This market analysis is deemed to be accurate but is not warranted. It is meant to give a general idea and overview of the current housing market for waterfront homes on Lake Lanier.

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 Berkshire Hathaway HomeServices Georgia Properties. He has over 17 years 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 www.LakeSidneyLanierHomes.com or 770-844-8484 or email us at Arthur.Prescott@BHHSGeorgia.com.

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