Property Q&A in Ellijay>Question Details

Mountaintop, Home Seller in Ellijay, GA

We have a mountaintop subdivision with 30 sites for sale just outside Ellijay. Looking for either a partner to come in or a total buyout.

Asked by Mountaintop, Ellijay, GA Wed Oct 7, 2009

Infrastructure is complete. Fabulous views!

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We would be interested in learning more about your property as we have buyers for land wanting to build their dream home. Our Design & Model Center is in Ellijay, GA. Please give me a call to discuss and/or see this link to learn more about who we are.

Joe Folsom
Modern Rustic Living
Coldwell Banker High Country Realty
Phone: 706-273-7140
0 votes Thank Flag Link Wed Nov 30, 2011
Good luck in your venture. You may want to check out or other websites to list this land if you are not going to list with a realtor. Current statistics show Gilmer county, as of end of Sept. '09 has 7,519 lots or parcels of land on the market. 41.% are listed for under $50,000(3,129 parcels); 36.6% are listed between $50K-$100K (2757 parcels); and the other 23% (1,718 parcels) are listed over $100K. That is your competition! Some are individual lots, some are subdivisions. I suggest you get a realtor to create a CMA (Comparative Price Analysis) for you to give you the right range to price your S/D. Be sure you have at least some "slivers" of views cut on lots with that feature so lookers and pictures can reflect that option. If you have any water features, also "beautify" those for pictures. You need signage with a plat, if already created, so people can orient themselves to which lot is which. However, if you don't go with a realtor, you need to get an internet presence because that is where the modern day shopper starts. We used to be able to go to builders and get them interested in lots; now, builders aren't building, banks aren't lending except for custom homes (contract in hand!) and life is different with all the foreclosures mixed into our inventory. Just for your information, Sept. 09 sales of land numbered 10 and year to date numbers 82. Median price is 49,900.
I hope this gives you a perspective of the market we are in and will help you plan how to market your property. One other source may be talking with commercial realtors who may have investors with an interest.
Again, Good Luck . Judy Aselton, Century 21 Professional REalty Group, (C)678-463-1129/706-632-2041(O)
0 votes Thank Flag Link Thu Oct 8, 2009
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