Lakefront home sales on Oconee continue to rise – closed sales in 2016 reached their highest point since 2004, and First Quarter of 2017 was very strong – with 30 homes closed at an average sales price of an eye popping $726,000.
While overall inventory continues to be relatively high – there are 155 lake homes currently on the market – we’re beginning to see more balance between average sold price and average price for homes still listed.
Affordable private lakefront homes are in short supply – only 7 homes were … (0 comments)
The average price for a home with private lakefront on Georgia's Lake Oconee is above $600,000 - so when your budget is below $250,000 there are compromises you must make. The key value attributes of lake front property are: VIEW, WATER DEPTH, VALUE OF NEARBY PROPERTIES, and HOME SIZE AND QUALITY Most value-priced lakefront homes on Oconee have significant limitations on view and water depth, but not this one. This lot is Grade A - offering beautiful views from the home, and 5+ft of waterdepth at the max … (2 comments)
jeanne dufort real estate madison georgia lake oconee: Lake Oconee report: FNMA / FHLMC & FHA loan limits reduced effective Oct 1, 2011
- 10/11/11 08:17 AM
From Lake Oconee: FNMA / FHLMC & FHA loan limits have been reduced effective Oct 1, 2011, from $662,500 to $515,200 in Greene County Georgia. The $417,000 limit for other counties stays in effect. This could further limit buyers of Lake Oconee homes, where the average price this year for an on-water home is just over $650,000. As of today, there are 139 homes (60% of the market) on the lake priced above $650,000. Buyers for those homes will either need a down payment in excess of 20%, or will have to wade into the world of jumbo loans - and pay higher … (0 comments)
jeanne dufort real estate madison georgia lake oconee: 2070 Enterprise Rd, Madison GA - gorgeous horse farm
- 10/10/11 08:35 AM
2070 Enterprise Rd, Madison GA is a gorgeous turn-key horse farm with 21 acres fenced and cross fenced, a custom 8 stall barn, plus a custom 5500sf home and saltwater pool. The main level includes a large master suite, plus two additional bedrooms with a shared bath. Upstairs you'll find a large bedroom and bath, plus a spacious bonus room. The lower level includes a second master suite with sitting room.
The spacious kitchen has room for many cooks, wih granite countertops, custom tiled backspash, and a large island - plus a bright … (0 comments)
jeanne dufort real estate madison georgia lake oconee: East Lake Sinclair - worth the trip?
- 10/10/11 07:30 AM
I'm often contacted by buyers who have been checking out Lakehouse.com for some time - and they have noticed plenty of attractive offerings on Lake Sinclair in a town called Sparta. Sparta is the county seat of Hancock County, which has beautiful shoreline along the eastern shore of 15,000 acre Lake Sinclair. Why the deals? Come along and lets find out.
To promote my listings, I'm already an avid user of Max photos - wide angle and well lit. And I use Visual Tour to give potential buyers an even better look around my listings - even land!
So when I decided to add video, it seemed to me that I needed a fresh … (4 comments)
Pinch me, its true! My peers have recognized me as "best in show" for the Madison and Lake Oconee area, and it feels great.
Here's the proof - standing with my co-worker Janet Ferrill who was honored with the Community Spirit Award. Realtor of the Year is the highest honor bestowed by the LCBOR. The award considers Realtor Spirit (furtherance of principles of good real estate practice among other brokers and salespersons and general public), Civic Activity, Business Accomplishments, and local Board activity. Ed Latham, owner-broker … (14 comments)
Thoughts and news from Georgia's Lake Country, featuring Madison and Lakes Oconee and Sinclair, from the perspective of a land-focused Realtor, horse mom, and farm owner.
Lake Oconee Georgia market report: 2017 lakefront home and lot sales trends
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