Greenwood Glen Revisited, not all bad news.

A couple of years ago I wrote about a subdivision in North Georgia, Greenwood Glen, located close to the beautiful town of Dahlonega. I was working in this small and intimate neighborhood of custom built homes until the market hit a brick wall, and it was no longer financially viable to support the heavy costs involved in marketing a neighborhood.

Yesterday I got a pleasant surprise when re-visiting Greenwood Glen to show property. It seems that sales have been very slow but that is no surprise, what I did find surprising is that the current listings, which are all bank owned, are priced very similarly to our original pricing 2 yrs ago.

I feel good about this for one very good reason. I sold a lot of homes 2 years ago in that neighborhood, to some very good people. To know that their neighborhood is holding it's head up in a time where most are experiencing plumeting values, due mostly to short sales and high foreclosure rates.

Lot 37 is currently listed for $229,900. This home is a 3 bedroom 2 bath ranch plan on a full basement. The master suite features a sitting area and large bathroom. Open airy floor plan with breakfast area, custom kitchen with granite counters and hardwood floor. Separate dining room and huge unfinished, daylight, terrace level. 2 car side entry garage, situated on a .58 acre lot.