Using historical data from the MLS, property values increased from 2001 to 2006 by 7-9% (Sales History) but from 2007 to 2008 ther has be a decrease by 3-6% (Sales History). Water property for the most part is different because people will pay more than market value sometimes if that is a property they truly love ( Flat, Great views, Sea walls ) and is special in some way to them. Water property is in most cases a 2nd home for summer fun with the family and in most cases will pay more than market value to obtain that special property for the family. As each property is different, the above statements will vary and to help find a market value of a property located on the water, have a Realtor comp the property as to current market values to get a true picture of a property's value.

Ohatchee is a hard call - Basically it is still a country setting and the school to my knowledge has not increased alot- but all markets are a little off- But looking at the MLS there is not alot of data and that cold be of the reset sawp from calhoun to Birmingham but look to be a nice area are you buying or selling I only show one listing on 1298 Mohawk Cliff new contruction that could be a little over priced considering you could get a new house with lake access in Lincoln for 10k cheaper

This area did not soar with the realestate bubble not did it crash. Prices are greatly undervalue in price comparison with the rest of the country. This is a very good place to live, offering some beautiful views of the lake, easy access to metropolitan areas including atlanta and birmingham and maintaing a surbuban setting. Poor area for realestate speculation unless you believe babyboomers when they retire will want to live next to a lake in a temparate climate.