Real Estate Information Archive

Blog

Displaying blog entries 1-10 of 78

2015 LAKE HARTWELL WATERFRONT HOME SALES

by Jay Hufnagel

Dockable, Waterfront, Lake Hartwell homes are still selling well and homes, under contract, are improving. The lake level has come up with all the rain we’ve been getting, but the Corps will try to keep it around 4’ down until May. With interest rates still low, I expect Lake Home sales will continue to improve in 2016. Inventory of listed homes is still down, which will push prices higher.  I expect the inventory shortage is because many homes were purchased during the “heyday” period of 2004 to 2008, and many owners are finding that they are still backwards on their purchase.  But for those owners that truly want to sell at market prices, “Now is the Time to get it Listed”. I averaged about three showings a week with potential lake property buyers that wanted to take advantage of the “great deals” in 2015. I’m seeing that trend continuing into 2016. 

According to the SC Western Upstate MLS, Lake Hartwell Dockable Waterfront Home Sales improved 33.6% over 2014. That’s a strong indicator that we’re moving in the right direction. Average Sale prices ($326K) have increased slightly 3.2% over 2014, with most buyers still looking in the $200,000 to $350,000 range.

Note: FSBO homes and GA MLS homes (not listed in the SC Western Upstate MLS) are not included in the above numbers.


Click here for 2015 Lake Hartwell Home Sales

LAKE HARTWELL 2014 WATERFRONT HOME SALES

by Jay Hufnagel

Real Estate activity with waterfront Lake Hartwell homes have started to warm up. Now if we can get the weather to warm a little, things would be really great. As you may know, the lake level has come up with all the rain we’ve been getting. The Corps should manage it so it’ll full by May 1st.  With the Stock Market and Consumer Confidence growing it’s looking like 2015 may be another banner year for Lake Sales. Unfortunately, the Inventory of listed homes is down. If lake front home owners want to sell their home, “Now is the Time”. I averaged about three showings a week with potential lake property buyers that wanted to take advantage of the “great deals” in 2014. I expect 2015 to be the same or better. I also sold the majority of my Listings in 2014, so hopefully that trend will continue.

Lake Hartwell Waterfront Home Sales improved 22.6% over 2013. That’s a strong indicator that we’re moving in the right direction. Average Sale prices ($320K) have increased by 3.2% over 2013, with most buyers looking in the $200,000 to $350,000 range.

CLICK HERE FOR 2014 LAKE HARTWELL HOME SALES

CHICKASAW POINT GOLF HOME IN LAKE HARTWELL COMMUNITY

by Jay Hufnagel

GOLF HOME FOR SALE - 100 OCONEE AVENUE, WESTMINSTER SC - From the Road this Large Golf Front Home is deceiving. From the Green on the 16th Hole your response will be …Wow! This is a fantastic Location for a Home.  Most of the Rooms in this 4 Bedroom, 3 Bath home look over the Beautiful Chickasaw Point Trails Golf Course. Enjoy entertaining Guests on the Huge Deck that runs the entire width of the Home, chill/lax in your Florida Sunroom that has Stackable, Memory Vinyl Windows, play Pool in the Game Room on the Lower Level or just sit back and read a book in front of one of your two Stone Fireplaces. Highlights also include: Vaulted Ceilings in the Great Room, a Formal Dining Room, Guest Bedroom, Full Bath, Laundry Room and Huge Master Bedroom and Bath Suite with Skylight on the Main Level, Skylight over the Breakfast Area, Kitchen Bar, and additional Bedrooms and Bonus Rooms on the Lower Level. Included in the sale of this Home is an additional Lot, to the left, that also fronts the Golf Course.

SANCTUARY POINTE DEVELOPMENT ON LAKE HARTWELL

by Jay Hufnagel

It has been brought to my attention that there are parties that do not want the Sanctuary Pointe Resort Development to be built and have written letters to that effect to the Budget and Control Board.

Please consider sending a note signifying your local support for the project to the developer at;

bobktlanding@bellsouth.net

Here are a couple of articles if you’re not familiar with this development:

http://www.lakefronthartwell.com/lakenews/lkhartwell/sanctuary-pointe-resort-on-exit-1-moves-ahead.shtml

http://archive.upstatetoday.com/?p=39922

Also, here is a copy of the message I sent today:

As a Lake Hartwell home owner and Real Estate Agent in SC and GA, I would like to express my strong support for the Sanctuary Pointe Development. I understand that there are some people that are challenging this endeavor. In my opinion, it would be a big mistake by not going ahead with this development. Having this Resort and everything that will be part of it, will only help stimulate the Lake Hartwell economy, communities and all of the businesses surrounding it.

 

Best regards,

 

Jay

AFFORDABLE LAKE HARTWELL HOME WITH COVERED DOCK

by Jay Hufnagel

2150 DELOACH DR, ANDERSON SC  - What a Deal - Here's a Charming Lake Bungalow that can be used as a Primary Home, Weekender or Vacation Home. This Home is in a Great Location, has great water, Views and has a fairly new Single Slip Covered Dock in place. You’ll love the way this home has been upgraded, new interior doors, new plumbing and electrical fixtures, new bamboo flooring and carpet. Entertain guests on the large deck overlooking the lake and private wooded backyard. This property is priced to sell and is being sold “As Is”.

Fantastic Location on Lake Hartwell and near Anderson... minutes from I-85 exit 14, Portman Marina, The Galley and Nami Restaurants. Plus, Atlanta is a short drive, about 90 minutes and Greenville about 30 minutes.

WHY IS THE CORPS GOING TO RELEASE MORE WATER FROM LAKE HARTWELL

by Jay Hufnagel

Here is an email that I received from Jerry Clontz, spokesman for Save Our Lakes Now. Currently, we're about 10.5 feet down from full pool. I really don't understand why the Corps would want to release more water before the lakes have a chance to fill up. To me, it makes more sense to take advantage of the rain we've had, and keep the releases low to get the lake to full pool.  If you're a Lake Hartwell Real Estate homeowner or have an active interest in the lake, please contact one or more of the Government representatives listed below.

The Corps shows they plan to increase release rates on Lake Thurmond to from 3100cfs  to 3800 in mid February and 4,000 at the end of February.  With the lakes as low as they are and no guarantee we will be able to refill by start of the summer this is crazy.  In the past we had a very poor drought plan but at least it kept the release rates at 3600cfs until the lakes refill.  Why for heaven's sake would you want to make the plan worse by going to higher release rates.

There is absolutely no justification for such a move.  3600 cfs has been demonstrated over and over to be satisfactory downstream.  Every 100cfs over 3600 is a foot of lake level in a year.  If we go to 4000 from now to june the lake will be 2ft lower going into the summer and 4ft lower this time next year.

Please call or write the Colonel and your congressman and senators on this immediately.  The email addresses of the congressmen and senators we have been in contact with on lake levels is
:

Jim Demint by way of Danielle Gibbs at

Jeff Duncan by way of Janice McCord at

Paul Broun by way of Jordan Chinouth at

 And the Colonel's email is: Colonel Jeffery Hall at  

Jerry Clontz, spokesman for Save Our Lakes Now

US ARMY CORPS TO SLOW FLOW RATE FROM LAKE HARTWELL

by Jay Hufnagel

Here's an interesting email that I received from Save Our Lakes Now concerning the lake levels and flow from Lake Hartwell and Thurmond:

The Corps is proudly announcing that they plan to go to 3100cfs release rate out of Thurmond shortly when the lake hits 14' below full pool. This is fine compared to any other options we have now but this is a real miscarriage of their responsibilities if you look at what they have allowed to happen.  In order to keep our lakes at reasonable levels the Corps needs to drop release rates to 3600 cfs (3100 in winter months) anytime the lakes are 2' below full pool.  Instead the Corps is waiting until the lakes are down over 14' and virtually destroyed before they do this.

The argument the Corps keeps giving is that people downstream would be hurt unnecessarily if the rates were decreased before now.  Not true.  Not one single stakeholder on the river had problems with operation at 3600cfs for over 12 consecutive months in the drought of 2008-9.  The only people who complained were environmental groups expressing concern that problems MIGHT occur at this low a flow to the river. 

There are a number of very strong arguments to counter holding flows up because they MIGHT be a problem. 

  1. If a REAL problem occurs the release rates can be increased when that happens
  2. Nature only provides 3600cfs input averaged over a year so anything higher than that is man trying to one up Nature. Man just isn't that smart.  Smoothing out flooding and the severity of the driest parts of droughts makes sense but trying to generate water out of thin air does not.
  3. Water is one of our most precious commodities.  It ranks right up there with air.  Deliberately throwing fresh water away by releasing more to the ocean than nature does is criminal and needs to stop.

These challenges are taken care of by simply dropping releases to 3600cfs (3100 in winter months) whenever the lakes are down 2'.  No more water is going to the ocean than nature requires.  No one is harmed downstream based on past experience.  And true balance between the lakes and the river is achieved (i.e. neither the river nor the lakes are getting more water than the other).

2012 LAKE HARTWELL HOME SALE ACTIVITY

by Jay Hufnagel

2012 Lake Hartwell Real Estate Results (as of 10/18/2012)

  

Even with the Lake Level down approximately 13 feet, Buyers are still looking for Great Deals on Lake Hartwell. One of the biggest challenges facing Buyers is that the Inventory of good homes (priced at current market rates) is down.  Many Sellers haven’t been willing to list their properties at discounted prices. Recently, I talked with another Agent that said he felt current sales prices were at 1996 levels. He could be right!

 

Here are statistics for the 2012 “waterfront” Real Estate (year to date) activity on Lake Hartwell. This list does not include condos and townhomes (source: SC Western Upstate MLS and does not include FSBO and non Upstate MLS listings):

 

                                                                                 2012           

 

Homes Sold –                                                             90                                                                  

            Average Days on the Market –                       209                 

            Average List Price -                                   $367,386             

            Average Sale Price -                                     335,850             

            Sale vs. List Price –                                         91.3%             

                        Note: List Price is the last price reflected in the MLS listing

                                  and may not be the Original List price. Also, some properties

                                  may have been listed multiple times.   

            Current Active Listings -                                 260                

            Current Homes Pending (under contract) -       11

 

If you’d like to receive an actual list of Lake Hartwell Real Estate (Waterfront Homes sold in 2012), please click on the link below or email Jay Hufnagel, Keller Williams Realty, at sayjay@bellsouth.net.

 

Homes Sold

 

Click Here to View Listings

 

The time to buy lake property is now ….”they’re not making any more of it”.   

 

By: Jay Hufnagel, Keller Williams Realty, Lake and Home Group, 770-757-2799, just “Say Jay” for Real Estate

HISTORIC HOME AND EVENT FACILITY FOR SALE IN HARTWELL

by Jay Hufnagel

440 E Howell Street, Hartwell GA - This Historic Home (Originally Called the E.B. Benson Home) was built in the 1800s. Since then, it has been modified and expanded to include Office Space, Elevator, and a large Special Event and Banquet Center. You’ll love the Old Architecture that remains in the Home that includes original Plank Heart Pine Floors, Six Fireplaces, Seven Bedrooms, Bonus Rooms, Large Eat In Kitchen, Four Full Baths and 2 Half Baths. This Home and Center is Zoned B2 and can be used for a Variety of Purposes, including Bed and Breakfast, Wedding and Special Event Celebrations, Office and Church Meetings. Come see this Magnificent Property. Sellers are very open to Owner Financing. Check out this Virtual Tour.

Other Highlights of this Home include: Rocking Chair Front Porch with Six Massive Columns leading into a Foyer with Double Entry Doors with Beautiful Stained Glass, a Grand Staircase (Great for Wedding Pictures) with Original Stained Glass Window on the first Landing, a large Parlor with nice Sitting room, a Stunning Master Bedroom Suite with en suite Bath, Air-jet Tub (with its own hot water tank) and large Shower, a large Walk-in Closet, and a Children’s Playroom. All together, this home has a total of 19 rooms.

IT RAINED, BUT WHERE DID IT GO?

by Jay Hufnagel

Here's an interesting email message that I received from the Save our Lakes Now Organization. I especially found it interesting that it'll take 9 inches of rain in one month to saturate the ground enough so that the Savannah River Basin (Lake Hartwell, Lake Thurmond, and Lake Russell) can benefit from the run off in a rain. If you're a Lake Hartwell Real Estate stakeholder or home owner, the message below may provide some explanations on:

                                    WHERE DID THE RAIN GO?

 I know every lake stakeholder is wondering where the heck all that rain went.  For a while I was about to agree with the conspiracy theorists who are convinced the Corps is not telling us the truth about releases and lake levels, etc. Some even suggested there must be a hidden pipeline running to Atlanta and they are stealing all our water.  Turns out none of this is true.  The numbers the Corps is showing and the explanations they are giving for why we didn't get a huge jump in lake level with the recent rains appear to be correct.

I've looked at this in a lot of detail since it rained and I have to say it looks like the water runoff got consumed by the dry ground and vegetation before making it to the basin.  Release rates were held at 3800 cfs and all stream indicators downstream (especially the levels at Clyo which is the last point in the system where stream measurements are taken before the harbor) show no unusual flow that would indicate higher release rates than the Corps shows.  We've been talking to climatologists to see if they agree with what the Corps is claiming about dry ground and vegetation and they do. And no matter how hard I look I can't find any evidence of a hidden water line to Atlanta.

Climatologists that study rainfall and drought levels for the Savannah River Basin  claim it will take more than 9 inches of rain in one month to get the soil etc back to normal so that we get run off in a rain.  We desperately need a tropical system to park right over the basin and give us this kind of rain.

Meanwhile we continue to work on getting the drought control plan for the Savannah River System corrected so that future events won't be this devastating.  Following our recommended drought control plan our lakes would have several more feet of water in them than they do now.  Repeating what we've preached all along, we need a much more agressive approach to drought response than currently exists.  Our recommended approach remains unchanged;
 

~ We propose that release rates from Thurmond be reduced to 3600cfs (3100 in colder months) anytime Thurmond drops below 328ft.  The proposed plan by the Corps is to lower releases anytime the Broad River flows indicate we are in a drought. While this is a significant improvement it is not as aggressive as our proposal because they wait longer to initiate flow reductions and their proposed reductions are 3800cfs instead of 3600.
 
~ Continue 3600cfs until the lakes refill.  The current plan by the Corps is to increase flows as the lake recovers making it more difficult to refill the lakes
 
~ Modify the rule curve so that we only drop the lakes 2' rather than 4' following the summer. The current Corps plan is to stay with a 4' drop at the end of summer.


The reasoning the Corps is offering for not adopting our more aggressive approach is they want to wait until a 2 or so year study can be completed.  Our reasoning is we did these changes for over 12 consecutive months in 2008-9 with no problems.  We are saying go with what we learned in 2008 unless or until some unexpected problem occurs.

It is frustrating to keep repeating our proposals.  It would be much easier to simply go along with the Corps' proposals.  But this repetition is necessary because the Corps, over time, continues to get further away from what we are recommending.  This is probably a matter of the Corps compromising with the various environmental agencies.  Unfortunately such compromising costs us many feet of lake level during droughts.  At one time they were agreeing with a 2' drop in the winter rather than a 4'drop.  And at one time they agreed to go to 3600cfs rather than 3800.  And at one time they agreed to hold the lower release rates until the lakes refill.  Now all that has changed.  The compromise to stay with a 4' drop in the winter costs us 2' at the start of a drought.  The compromise of 3800 instead of 3600 cfs costs us 2' a year in lake level. And the compromise on how the lakes are refilled will stretch out our misery unnecessarily following a drought.   

Displaying blog entries 1-10 of 78

Contact Information

Lake and Home Group
Keller Williams Realty
4878 Manhattan Dr.
Buford GA 30518
GA: 770-757-2799
SC: 864-287-7530
Fax: 770-504-5509