Updated in Oct, 2022 (post-pandemic) 325 or so lots for sale ranging from $25k-$1M. The price per frontage foot for the ideal lot is going to be somewhere around $1500-2000 per frontage foot. If you want a decent lot these days you should budget $200k+. There are some new developments (Pointe Sixteen on Ryan and […]
Rule of thumb on the cost of a lot on Lewis Smith Lake (updated 10/2022) Read More »
I get a lot of calls from prospective lake home owners wanting to know whether they can put a home on our rental program and it pay for itself. The short answer is NO! The rental income will definitely help but it will not pay the expenses of the house AND the mortgage.
Can rental income pay for a lake house? Read More »
This is a tough question as there are a lot of variables: house, lot, dock, convenience, water location, view, steps, etc. In general, most clients start looking for a newer house, on gradual lot with less than 40 steps, with at least a 1 slip dock, on the side of the lake closest to
What is the cost of a Smith Lake house these days? Read More »
I meet a lot of people going about my daily activities. I am fortunate to live in an area where people desire and can afford to purchase lake property. They want to know what is going on with property prices: are prices rising or falling, are properties moving, and are there any deals.
What is the status of property on Smith Lake in 2016? Read More »
