Hello and Happy New Year Friends! I wanted to give you a update to our current Real Estate market as well as remind you that I am here if you or any one you know is in need of buying or selling here at beautiful Smith Mountain Lake Virginia. Last year was a very busy year and predictions are this year will be the same. If you have been thinking of selling or know someone who is, please give me a call at 540-520-0168. I have buyers looking right now and would be honored to have the opportunity to present my marketing plan to you. And if you or anyone you know is in the market to buy, just let me know and I will do everything I can to help you find something perfect for you! If you want to know what just a few of my satisfied customers have to say, please go to my Zillow Reviews page Edna Jamieson Happy Customer reviews. And now for the current market update.....
There are currently 150 waterfront homes actively for sale. Prices start at $150K for a 780SF cottage on a very shallow area of the lake and go up to $8,950,000.00 for a exquisite almost 11000 square foot home on 6 acre pointe lot in the private golf community The Waters Edge. View these homes here - Current active Waterfront homes for sale on Smith Mountain Lake VA . 38 of these 150 waterfront homes are priced over 1Million. The average Square Foot list price for the remaining 112 under a Millon is $216.00 a SF.
We currently have 69 condos and townhomes for sale. Prices start at $65K for a 290SF efficiency unit at the resort community of Mariners Landing and go up to 1,425,000.00 for a 4500SF Grand Villa in the private golf commnity of The Waters Edge. The average SF list price is $220.00. View these condos here - Condos and townhomes at Smith Mountain Lake VA
Also available are 53 homes off water in waterfront communities. These have various ways of accessing the lake. Some of our lake access homes have a boat slip in community marina. Some communities just have a community boat launch, and others are convenient to one of our many public boat launches. Prices start at $119K for a 1600SF Double Wide and go up to $849K for a gorgeous 5300SF home with million dollar views of the lake and Smith Mountain. The average SF list price of these homes is $155.00 . You can also view these here - Off water homes at Smith Mountain Lake VA .
In the past 12 months 288 waterfront homes have sold here on our beautiful lake. Sold prices started at $95K for a 780SF cabin and went as high as $3,950.00 for a 14000 Grande home on 11 acre lot. Average list price was $210.00SF with a average sold price of $200.00SF. View these here - Sold Water Front Homes at Smith Mountain Lake VA .
In same 12 months 114 condos / town homes sold. Sold prices started at $55k for a efficiency unit at Mariners Landingand went up to $682K for a 3200SF town home in the private golf community at The Water Edge. Average List price was $201.00SF and average sold price was $198.00SF. Take a look at these - Sold condos and townhomes at Smith Mountain Lake .
And 112 off water homes in waterfront communities sold. Sold prices started at $40K or a 900SF cottage and went up to $700K for a 5000SF home with panoramic views in the beautiful (and my favorite community on SML) Boardwalk Community. Here's a link to these - Off Water homes in Waterfront communities sold in past 12 months .
The average list price of these was $118.00SF and average sold price was $113.00SF .
If you are interested in land, tho the home inventory is low, there is still a abundance of vacant land for sale. There ar 260 watrfront lots. Prices start at $72K and go up to 6 Million for a 30 acre prime commercial area at the bridge. There are 257 water access lots listed. If interested in more land data, just let me know.
And again, please tell me how I can help you or anyone you know with Real Estate here at beautiful Smith Mountain Lake and the entire Roanoke Valley region.
My clients quickly become Friends. I have a proven record of going above and beyond for all my buyers and sellers. Actively selling Real Estate here at SML since 2006.
Please note all data obtained from Roanoke Valley MLS. Exact numbers subject to change as dates change when using last 12 months criteria. Numbers have been rounded to nearest whole.
If you are getting auto updates to our Real Estate market and would like your search criteria updated, please give me a call or send me a note when it's convenient for you. If you are not getting automatic updates to our Real Estate market, then please tell me what I can do to help make your home goals happen.
Thank you for your time and I look forward to seeing you in the near future.
Edna Jamieson Realtor/ ABR 540-520-0168 Wainwright & Co. Realtors 16503 Booker T. Washington Hwy. Moneta, VA. 24121 Licensed in State of Virginia Equal Opportunity Housing smithmtnlakeproperties.com
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