Market Conditions in Atlanta>Question Details

Bryan Suttles,  in Clayton, GA

Are there any sales of lakefront homes in the state of Ga between 5M and 10M within the past 2 years??

Asked by Bryan Suttles, Clayton, GA Tue Aug 21, 2007

I need the info for a 7.35M appraisal.

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5
Hi Bryan:
First and foremost there are quite a few lakes in the State of Georgia. Can you expound just a little on your locale? Lake Lanier has varying price ranges - but 5M to 10M is pretty broad. You are obviously working with a property that will have little or no comps - location will determine if you can pull it off.

Proximity to Atlanta etc. is important as well. Please give a little more information - I'd love to get my teeth into this one - sounds quite challenging!
2 votes Thank Flag Link Wed Aug 22, 2007
On Lake Lanier there was one listed for 5.3 Mill and sold for 3.8 mill in Cummng ga
Web Reference: http://www.LakeLanier.bz
0 votes Thank Flag Link Thu Aug 30, 2007
Sorry. The only one in my area that even comes close is one on Lake Spivey, (Jonesboro, GA) that sold for $4.26 million. I'll ask around and if I hear of any, I'll come back and post again.
Web Reference: http://www.karenluke.net
0 votes Thank Flag Link Wed Aug 29, 2007
If you contact my good friend Jay Hufnagel, http://www.sayjaylakeandhome.com, he specilizes in lake properties he can answer your questions better than anyone. Just tell him Paul the English Keller Williams agent sent you.
Web Reference: http://www.teamrenton.com
0 votes Thank Flag Link Sun Aug 26, 2007
I only see one home sold in the last year at 7.2 Mil in all of Georgia. This is a specialty home. There are several between 3-5 Million though.

Good Luck!
Web Reference: http://www.jrjarvis.com
0 votes Thank Flag Link Tue Aug 21, 2007
Joshua Jarvis, Real Estate Pro in Duluth, GA
MVP'08
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