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Maggie Valley Real Estate - The Lay of the Land

12-05-07
Authored by: Tammy Meissner
maggie valley real estate Since its early days as a town over 100 years ago, Maggie Valley has attracted people looking for a cool alternative to the summer heat of the surrounding southern states. One of the highest valleys east of the Mississippi, Maggie Valley and the surrounding mountains are often 10 to 15 degrees cooler than even neighboring Asheville. The floor of the Valley sits at 3200' while the surrounding peaks reach well over 5000'. This difference in height can even emphasize the temperature difference even more. Those looking to buy a home in the Maggie Valley Real Estate area should familiarize themselves with these differences before starting to search for their spot in the mountains.

Maggie Valley Real Estate and The Lay of The Land
Maggie Valley's floor offers easy access and comparably mild winters. Snows are common in winter but rarely add up to stop the flow of traffic. Often heavy snowfall at the higher elevations is light or even rain in the valley. Four-wheel drive is a necessity if you plan to live at the higher elevation. Tire chains are also a good idea to have on hand. On the flip side summers rarely require air conditioning above 4000'. About half the homes above 4000' may not even have AC installed. Summer temps top out in the low 80s but in the Valley may reach 90.

Maggie Valley also runs East to West. In the Summer the southern side is cooler, and colder in winter and last to loose its snow cover. some of the paved roads on the southern side of the valley can be the hardest to drive on after snows.

The valley floor has its advantages: easy access, city water and sewer, quick access to gas, food and entertainment. The summer months can be a little crowded on the primary roads. The hotels and rental homes are full and the seasonal population is enjoying the cool of the mountain summer. Up high you can escape the crowds and enjoy the spectacular views the Smokies have to offer. If the property you seek may be in the rental market, views are good to have, offering visitors what they have come to the mountains for: a great view of the surrounding mountains.

If your plans are to buy land and build Maggie Valley Real Estate consider all of the above. Further more you should research deed restrictions, road maintenance (if private roads), easements for utilities, and access. Be aware of your legal ability to keep views open. Owning the trees in your view or the ground they grow on may make all the difference as to wether a house on the side of the mountains with elevation has a view or not. Some homes have this problem but due to change of seasons have a view half the year when the leaves are not on the trees.

The outlying valleys also offer rolling hills if mountain living is not your style. The fertile hollers are perfect for a small horse farm or small homestead. Jonathan Creek, Iron Duff and Fines Creek are quieter areas that have lots of residential areas as well as rolling pasture and farm land.

Home Sweet Home

Searching for a home already built. There is a wide range of homes from which to choose from. Condos to cabins, brick to log, new to old most building styles are represented in the valley. Here the land also comes into play. Want neighbors or not? Often on a mountainside, a multiple acre lot may only have one suitable spot for building so knowing the boundaries of the land is critical especially if you value your privacy. A one acre lot may have more privacy then a 15 acre estate depending on where your lot lines are in relation to the building site.

The age of a home is critical, especially in the weather extremes. A home built 20 to 30 years ago may have been built very well but only been lightly insulated as a Summer home, while some old log structures from 75-100 years ago offer insulation factors better then todays building codes require.

Restrictions are also a consideration. Sub-divisions can have numerous restrictions, some of which you may agree with ours you might not. Restrictions are generally in place to protect the property values and lifestyle that the developer thought fitted to the development. Often property owners associations take place of the developer as the property sells out. These associations can vary as much as the restrictions themselves. Some areas of the county are unrestricted, and allow you to build as you see fit (within the building code of course).

When buying an existing home a home inspection by a licensed home inspector is always a good idea. Trained to see what we might overlook, an inspector can tell you what type of repairs may be necessary that may not be obvious to the average home buyer. The inspection report may just as well compliment the structure and assure you of a good choice.

Authored by: Tammy Meissner

Vacation Rental Investments in the Maggie Valley - Smoky Mountains

12-04-07
Authored by: Tammy Meissner
What to look for in a good second home/rental property.
by Tammy Meissner, Smoky Falls Real Estate

Visitors to the Smokies are often enamored by the beauty of the mountains. They find themselves coming back, time and time again. Some have even taken the next step in acquiring a special place of their own. Those people may have known very well exactly what they had in mind in choosing a second home. Certain amenities however are important if you are looking for a second home that can generate its own income as a short-term (vacation) rental. In the case of rentals versus income the criteria may indeed be different.

You have to start by asking yourself, what makes a good rental. Well, there are a few basics that cannot be ignored. First and foremost you must have a view. After all, what do people come to the mountains to see? Views of the mountains can be had from all elevations but often what people desire is the “killer” high elevation panorama. Second to that of a view of the mountains would be a view of a rushing creek. The peaceful sound of a roaring creek or falling stream is what many vacationers desire. The possibility of fishing from their cabin is even better. Of course even perfection can come with some drawbacks. High elevation views may also simply mean hard to get to in the winter. Steep winding roads are hard for some “flat landers” to get used to. Cover them with snow and a touch of ice, and that’s trouble… just waiting to happen. Before you pick a location, know the access, summer and winter both. And prepare your guests for the conditions.

As in all real estate the three most important words to remember are: location, location, location. Consider the community and distance to attractions that people like to frequent. They want to be far enough away so privacy is not a problem and yet most do not want to be too far away …feeling like Lewis and Clark, blazing new territory.

The type of home also plays a factor in the success of the rental. Log homes or wod sided homes rent better, period. Homes with lots of wood in them also do well. Most everyone who looks for a rental in the mountains is looking for a “cabin”, whether its a trappers shack in the woods or a million dollar 5 bedroom/6 bath home, its still a “cabin”. The more they feel like a cabin , the better they would do.

Size does not matter because there are all sorts of vacationers looking. A one bedroom is great for honeymooners, or add a loft or more bedrooms and you are great for families or multiple couples. Three or more bedrooms are good for extended families or groups. One word of caution, the more they sleep, the more they are prone to wear and tear just by the shear amount of traffic in them.

When furnishing a rental you will want to consider making it look more like a home, not a rental. People are more comfortable and seem to respect the home more if they think it’s your home and not just a business. As a property management company we only suggest not placing things in the home that cannot be replaced, because luck has it that the more special it is the more likely it will be the first thing broken.

North Carolina and Tennessee rental properties are governed by state laws and regulations. There are strict guidelines for the rental of property. Rental property is not to be confused with B&Bs or hotel/motel type lodging. The rules and regulations for rental property is very different and should be thoroughly investigated before you make a decision.

If you make a good decision selecting a vacation home investment, you should enjoy years of enjoyment, and also so added income as well. Take care of your investment and it will in turn take care of you.

If you are looking for assistance a real estate agent that works for a company with a strong property management department would be your greatest asset. Do your homework and see whose marketing is reaching the potential tenant the best. Chances are they will know the rental market the best and can share with you the secrets of successful vacation rentals.


Authored by: Tammy Meissner

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