Lake Harding/”The Backwater”

With Summer time in full swing and the temperature being off the charts, now is a great time to consider cooling off at the lake. One of our most popular areas is Lake Harding.

This lake is one of the Georgia Power lakes which means that just over 80% of the homes here are on leased lots. The other 20% are deeded meaning they were at one time farmland when the lake was flooded back in the late 1920′s. 

One of the benefits to this lake is the constant water level. Unlike a Corp. of Engineers lake, the level of the water is consistant. You do not get the wild swings in water level from winter to summer.  Depending on the home you purchase there may already be some great features such as a sea wall or a boat ramp right on the property. No running back and forth to the boat ramp. You can also expect for the homes to be located closer to the shoreline with some great views when compared to a Corp. of Engineers lake. 

When purchasing a home on Lake Harding you will also need to consider how you will finance your investment. Because most of the homes are on leased lots a bank will require a larger down payment. In most cases this will be about 20%. Deeded lots can be purchased with more traditional financing but they will be priced a little higher in general. 

A leased lot is set up with Georgia Power in 15 year terms. Below is a schedule of what you can expect to pay for leased lots. 

2009 Rates: 

$900.00/annually for 4 years 

$1,050.00/annually for 5 years 

$1,100.00/annually for 5 years 

$1,200.00 for 1 year 

If you have more questions about Lake Harding or other lake or vacation home getaways, please let me know, I would be happy to share more with you.

Just Listed! 414 E 5th Street West Point, GA 31833

$75,000.00 414 E 5th StreetWest Point, GA 31833 Beds: 2 Rooms: 0 Full Baths: 2 Sq. Ft.: 1319 Garage: 1 Built: 1956   ALL BRICK HOME WITH HARDWOOD FLOORS. TILE BATHS, LARGE GREAT ROOM, FENCED BACK YARD WITH OUT SIDE STORAGE. GREAT LOCATION AT A GREAT PRICE This is a new listing that I thought you might be interested in. Visit this listing online to see more photos of the property, Google Earth satellite images, and much more.   If you have any questions about this property or require more information, please feel free to call.Carter Brown             Coldwell Banker Spinks Brown Durand REALTORS 7066431342 http://www.carterbrownhomes.com     Visit this listing here

Just Listed! 601 Hwy 29 Valley, AL 36854

$450,000.00 601 Hwy 29Valley, AL 36854 Beds: 0 Rooms: 0 Full Baths: 0 Sq. Ft.: 0 Garage: 0 Built: 0   ALL BRICK RETAIL LOCATION WITH HIGH TRAFFIC COUNT LOCATED NEXT TO VALLEY HIGH SCHOOL. CURRENT LOCATION OF VALLEY RESALE. PROPERTY CAN BE PURCHASED WITH ALL CURRENT INVENTORY. $250 A MONTH IN INCOME PER MONTH FROM SMALL FAST FOOD RESTURANT. PROPERTY ALSO HAS LARGE OUTSIDE STORAGE BULDING. This is a new listing that I thought you might be interested in. Visit this listing online to see more photos of the property, Google Earth satellite images, and much more.   If you have any questions about this property or require more information, please feel free to call.Carter Brown             Coldwell Banker Spinks Brown Durand REALTORS 7066431342 http://www.carterbrownhomes.com     Visit this listing here

Area Market Survey Results For West Point, Lanett, Al; and Valley, AL.

Area Market Survey Results For West Point, Lanett, Al; and Valley, AL.  The information below will give you all of the residential statistics for the last six months. 

If you have any question regarding this information please contact me I would be happy to discuss this with you.

Area Market Survey Results

Report Date: Jul 12, 2010

Single Family Listings
Active Listings
List Price Range	#Listings	Ave DOM
$0 – $99,999	30	191
$100,000 – $124,999	6	181
$125,000 – $149,999	5	274
$150,000 – $174,999	4	272
$175,000 – $199,999	7	154
$200,000 – $224,999	3	181
$225,000 – $249,999	3	59
$275,000 – $299,999	3	995
$300,000 – $349,999	1	13
$350,000 – $399,999	2	352
$400,000 – $449,999	1	67
$450,000 – $499,999	1	131
$500,000 – $599,999	2	62
$700,000 – $849,999	2	319
$1,000,000 – $1,999,999	1	147
Tot Listings Ave DOM Median Price Ave Price High Price Low Price Total Volume 71 224 $123,000 $192,955 $1,495,000 $23,000 $13,699,804
Expired Listings
List Price Range	#Listings	Ave DOM
$0 – $99,999	8	275
$125,000 – $149,999	3	240
$150,000 – $174,999	2	145
$175,000 – $199,999	6	241
$200,000 – $224,999	1	239
$225,000 – $249,999	1	382
$275,000 – $299,999	1	181
$350,000 – $399,999	1	315
$500,000 – $599,999	1	181
Tot Listings Ave DOM Median Price Ave Price High Price Low Price Total Volume 24 248 $160,750 $167,508 $549,000 $19,500 $4,020,190
Lease/Purchase Listings
List Price Range	#Listings	Ave DOM
$125,000 – $149,999	1	51
$150,000 – $174,999	1	203
Tot Listings Ave DOM Median Price Ave Price High Price Low Price Total Volume 2 127 $153,450 $153,450 $157,000 $149,900 $306,900
Sold Listings
List Price Range	#Listings	Ave DOM
$0 – $99,999	10	118
$125,000 – $149,999	2	129
$150,000 – $174,999	5	231
$175,000 – $199,999	3	189
$225,000 – $249,999	1	105
$350,000 – $399,999	1	349
Tot Listings Ave DOM Median Price Ave Price High Price Low Price Total Volume 22 120 $145,792 $125,936 $380,000 $11,000 $2,770,583
Under Contract Listings
List Price Range	#Listings	Ave DOM
$0 – $99,999	5	30
$125,000 – $149,999	2	15
$250,000 – $274,999	1	170
Tot Listings Ave DOM Median Price Ave Price High Price Low Price Total Volume 8 44 $67,400 $99,138 $274,900 $14,900 $793,100

The start of something new

Some times we say we will do things but it takes a while for it to happen. This is th case for my blog update. But now is the time, I have now made the jump to an updated wordpress blog with more bells and whistles.

I am looking forward to seeing what this new site will do. I should have the full coversion done by the end of the week so stop back by to see the improvements.

Just Listed! 206 N 18th Street Lanett, AL 36863

Just Listed! 206 N 18th Street Lanett, AL 36863

July 28th, 2010 3:21 PM

$349,000.00 206 N 18th Street Lanett, AL 36863 Beds: 4 Rooms: 12 Full Baths: 3 Sq. Ft.: 5419 Garage: 2 Built: 1936   One of the most recognizable homes in Lanett, AL is now available for sale! A vision of Georgian architecture, this four bedroom, five bath home was designed by renowned Atlanta architect Kennon Perry. Located atop a hill on North 18th Street, this stately home backs up to historic Fort Tyler where the last battle of the Civil War was fought a week after General Robert E. Lee surrendered at Appomattox. Enjoy spending time at this National Historic Monument by accessing the Fort by private gate located atop the terraced backyard. This is a new listing that I thought you might be interested in. Visit this listing online to see more photos of the property, Google Earth satellite images, and much more.  See A Video Tour! If you have any questions about this property or require more information, please feel free to call. Carter Brown         Coldwell Banker Spinks Brown Durand REALTORS 7066431342 http://www.carterbrownhomes.com     Visit this listing here

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