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Lake Chatuge is recovering nicely from the drought of 07. The lake is almost full. Lake lots are looking good. The lake front lots on the upper Hiawassee River section are even looking good.
Based on the MLS data there is now 54 Lake Front Lots on Lake Chatuge on the Georgia side (Hiawassee, GA). Prices range from $69,900 to $1,100,000. The average list price is $477,940. The median list price is $496,000.
Based on the MLS data there is now 24 Lake Front Lots on Lake Chatuge on the North Caroline side (Hayesville, NC). Prices range from $319,000 to $3,500,000. The average list price is $737,363. The median list price is $569,900.
Please keep in mind that anything under the $400,000 range may have issues such as can not get a dock permit, small usable acreage, no ownership below the 1933 elevation, etc.
What ever type of Real Estate be it, Lake Chatuge Real Estate, North GA Property, Western NC Land, Young Harris Cabin, Hiawassee Home, Chuck Albury and Mountain Realty are here to help.
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Lake Chatuge was perfect today. With the temperature in the low 70s had to remove a section of canvas on the boat today. Can't wait until we can take the camper top off the boat. The lake temperature is rising too. Actual saw some kids being pulled on a tube on the lake today. Based on Chatuge operating guide we are still about 2 and 1/2 feet above where we should be at this time of year. If we keep getting the rain we may make it to full pool this year.
Chuck Albury and Mountain Realty presents Mountain & Lake Cabins, Homes, Land and Lots as a REALTOR in Young Harris,GA!
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Lake Chatuge is up!
Lake Chatuge current level as of 4/3/08 is 1922.29. That is less than 3 1/2 feet below full pool of 1926.00. The current reading of 1922.29 is higher than we ever got last year. TVA has really been trying to keep as much water as they can in the lake. Based on Chatuge operating guide we are about 2 1/2 feet above where we should be at this time of year. If we keep getting the rain we may make it to full pool this year.
Not only are the lake levels up but, the lake temperature is rising too. Water temps were between 55 & 59 the other day when I was out on the lake late in the afternoon.
Chuck Albury and Mountain Realty presents Mountain & Lake Cabins, Homes, Land and Lots as a REALTOR in Young Harris,GA!
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Lake Chatuge is up!
Lake Chatuge current level as of 4/3/08 is 1922.29. That is less than 3 1/2 feet below full pool of 1926.00. The current reading of 1922.29 is higher than we ever got last year. TVA has really been trying to keep as much water as they can in the lake. Based on Chatuge operating guide we are about 2 1/2 feet above where we should be at this time of year. If we keep getting the rain we may make it to full pool this year.
Chuck Albury and Mountain Realty presents Mountain & Lake Cabins, Homes, Land and Lots as a REALTOR in Young Harris,GA!
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North Georgia Real Estate
North Georgia real estate is moving, but, it is not moving like it did in the last several years. In 1996 CNN stated that a small town in the North Georgia Mountains, Hiawassee, Ga. would be one of the top ten retirement communities in the USA. This statement was made because of the natural beauty of the area. In Hiawassee, we have several amenities, Lake Chatuge, the Hiawassee River, the Georgia Mountain Fair and many festivals ... face it; our largest business is the tourist industry. We offer fishing, boating, hikeing, camping and a host of other outdoor activities As a result of the massive influx of visitors and potential home owners; the building industry exploded.
Over the course of the last three years housing sales in Towns County has dropped 16 % per year since our peak sales in 2005. In 2005 there were 300 homes sold in Towns County through the efforts of real estate professionals. In 2006 there were 253 homes and in 2007 there were 204 homes sold in Towns County. As you can see there is a significant drop in housing sales in this area.
Now, let's look at what is on the market. As of 03/26/08 there are 480 active listings of homes for sale on the market in Towns County. For the month for February there were 10 homes sold in Towns County. There have been a total of 36 houses sold in Towns County from the 1st of the year to date. Is there competition with selling your home in this area? You bet!
In this market, if you plan to sell your house you will need to be:
•· Competitive on price
•· The house will need to be in great shape
•· The property must be clean (curb appeal is top on the list!)
•· The house should be easy to access for showing purposes
Everybody knows: "You only get one chance to make a great first impression!"
The above figures concerning home sales were derived form the local MLS and are accurate to the best of my knowledge.
Keith Kenner presents mountain homes, land and commercial properties as a REALTOR in HIAWASSEE,GA!
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