Real Estate Information Archive

Blog

Displaying blog entries 1-10 of 11

LAKE LANIER WATER CONTROL CORPS COMMENTS DUE

by Jay Hufnagel

I just received this important email from the Lake Lanier Association. If your a Lake Lanier Real Estate home owner, a Lake Lanier boating enthusiast, or just an avid fan of Lake Lanier, please make your voice heard.

 

The Lake Lanier Association

As you may already be aware, today is the deadline for submission of public comments for the Corps of Engineers Water Control Manual revision for the ACF System. The Lake Lanier Association has already submitted comments and we encourage our members to submit their own comments with similar emphasis. In case you would like to review the comments submitted by the Lake Lanier Association, the full text and supporting documents are posted on our website. A quick summary of our comments are as follows:

 

- The 5,000 cfs minimum flow required at the state line is not representative of the true lowest historical flows in the ACF and is not sustainable.

 

- Lanier was never designed to support ALL downstream demands and can't be expected to because the dams originally proposed on the Flint River were never built.

 

- The Corps' current operating rules require more water to be released from Lanier than is necessary and do not allow as much to be stored as is possible. These draw the lake down more than necessary and make it less likely to refill to full pool under contemporary climatic conditions.

 

- The Endangered Species Act does not require the Corps to augment Apalachicola River flows above run-of-river levels and the practice should not be required because it depletes Lanier unnecessarily.

 

- Regular navigation is no longer feasible on the ACF and the Corps should not try to support it in view of the other demands on Lanier as a resource of last resort.

 

To submit comments online, click the following link:

US Army Corps of Engineers WCM Public Comment Form

 

To submit comments via email, send to: acf-wcm@usace.army.mil

 

To see the full text of our comments, and the supporting document references, see our website.

Lake Lanier Association

 

 

 

A WORD OF ADVICE FROM THE LAKE LANIER ASSOCIATION

by Jay Hufnagel

I received the following email today from the Lake Lanier Association. This advice can also apply to Lake Hartwell and Lake Keowee. If you own Real Estate on Lake Lanier, Lake Hartwell or Lake Keowee be glad we're getting the rain, but prepare to bring your dock in.

Greetings!

 

The lake has risen a foot just since last Saturday. The current level is 1062 and more rain is on the way. As a courtesy, particularly to our members who don't live on the lake full-time, we want to advise everyone that the lake level has changed significantly and is expected to increase further in the next few weeks. Stay aware of your dock cables and anchor poles and be sure they are adjusted adequately. The Corps of Engineers publishes a short-term forecast online which can be viewed at:

 

Link to lake level forecast

(Once you are on this webpage, click "ACF Lake Elevation and 5-Week Forecast" and then, click "Lanier" for the chart to display.)

 

Click here for Lake Hartwell Water Level information and projections.

 

Contact Jay Hufnagel, Keller Williams Realty, Lake and Home Group for more information on Buying or Selling on the lake.

PUBLIC URGED TO COMMENT ON GOVERNOR'S WATER SUPPLY PROGRAM

by Jay Hufnagel

Whether you own Lake Lanier Real Estate, enjoy boating on Lake Lanier, or just have an interest in keeping our Georgia Lakes healthy, here's an article published by the Lake Lanier Association:

Just a reminder, the public comments on the Governor's Water Supply Program (GWSP) are due by 5:00PM on Monday, 12/5/2011. The Lake Lanier Association asks all persons in support of the 1073 full pool concept to submit a public comment indicating their support.  

 

Comments may be entered on the GWSP website at http://www.georgiawatersupply.org/. Public comment guidance and submission information is also available on the GWSP website.

 

Below is a copy and paste of the text of the public comment submitted by the Lake Lanier Association. LLA members are welcome to create their own comments using this information, but please do not simply copy and paste this text into your response. We think personally crafted messages from our members will be more effective than a generic response.

--------------------

 

The Lake Lanier Association has been an advocate for Lake Lanier for over 45 years. Our thousands of members as well as thousands of volunteers have focused on keeping Lake Lanier clean and full. Our annual Shore Sweep program has removed an estimated 500 tons of debris from the lake over the 23 years of its existence. Our association has advocated successfully for cleaner discharges into Lake Lanier from waste water treatment plants that discharge into the lake.Our track record as an advocate for the lake is long and consistent.

 

With over 7.5 million annual visitors, the importance of Lake Lanier to the economic fabric of the entire State of Georgia is well documented as well as its contribution to the quality of life. The Governor's Water Supply Program is a unique opportunity for the State of Georgia to focus on how Lake Lanier can contribute an even greater value to the residents and businesses of the state.

 

We want to call attention to the Project Types authorized under the GSWP:

1) Project Type

The GWSP may provide financing for water supply projects, including:

* expanding existing water supply, amenity or flood control reservoirs for water supply;

* converting flood control or amenity reservoirs to water supply reservoirs;

* increasing safe yield of existing water supply reservoirs through the addition of pump storage capability;

* removing sediment from existing water supply reservoir to increase safe yield;

* establishing new water supply reservoirs;

* interconnecting water systems for supply and/or supply redundancy;

* drilling new wells, including for direct potable use or streamflow augmentation that protects or enhances water

supply;

* reopening inactive wells;

* desalination;

* developing aquifer storage and recovery capability; and

* indirect potable reuse systems.

The two highlighted Project Types are directly related to a low cost way for Lake Lanier to contribute to the purpose of the GSWP as stated:

  • PURPOSE OF THE GOVERNOR'S WATER SUPPLY PROGRAM

The purpose of the Governor's Water Supply Program (GWSP) is to align and mobilize the resources of the state of Georgia to assist local governments with developing new sources of water supply adequate to meet future water demands.

 

We would like to comment of two of the Project types:

 

  • expanding existing water supply, amenity or flood control reservoirs for water supply

 

Through a coordinated program with the Georgia Congressional Delegation and the Corps of Engineers the full pool level of Lake Lanier could be raised by 2 feet. This would result in an additional 26 billion gallons of water storage. Since this volume of water would be above the current conservation layer, 100% of the water could be used for authorized purposes, as well as further insuring Lake Lanier as a source of water during droughts. This will increase the volume of water above the Conservation Zone by 7% and exceeds the amount of water contemplated by the new reservoir projects.

 

The decision by the 11th Circuit Appeal Court to set aside Judge Magnuson's ruling and to direct the Corps of Engineers to include water supply as an authorized use of Lake Lanier provides a unique opportunity to address this important issue. While new reservoir construction is expensive and requires considerable time, increasing Lake Lanier by 2 feet is relative inexpensive and can occur much faster.

 

Gwinnett, Forsyth and Dawson Counties as well as the State of Georgia Legislature have passed resolutions supporting raising Lake Lanier by 2 feet. Copies of those resolutions are attached.

 

The second project we would like to comment on is:

 

  • removing sediment from existing water supply reservoir to increase safe yield

 

It is a natural occurrence that sediment builds up in lakes. Eventually sediment accumulates to the point of impacting the functions of the reservoir. Over the 50 year life of Lake Lanier, estimates vary as to the amount of sedimentation. Some estimate as high as 10% - 15%. If that were to be the case, then the total volume of water in Lake Lanier would have decreased by 61 - 92 billion gallons since the Corps of Engineers management of the reservoirs is based on action zones linked to total elevation of the lake.

 

Even though some of this sedimentation would have occurred below the Conservation Zone, nonetheless, much of it is above the Conservation Zone and therefore decreases the volume of water available for water supply and other authorized purposes.

 

Both of these Project Types have the impact of increasing the volume of water that is available for safe yield. The Lake Lanier Association recommends the formation of a special committee as part of the authorization of the GSWP to develop a project that will:

 

  1. Establish the cost parameters associated with raising the full pool of Lake Lanier by 2 feet.
  2. Establish the process steps necessary to move the project through the necessary Congressional and federal agencies.
  3. Conduct bathometric studies to better define the amount of sedimentation in Lake Lanier
  4. Establish the costs and benefits associated with removing sedimentation in the lake.
  5. Work with the Corps of Engineers to define Congressional authorization parameters associated with sediment removal.

 

Lake Lanier Association is anxious to work with the Georgia Water Supply Program to assist achieving the goals of ensuring Georgia's water supply future.

 

LAKE LANIER WATER LEVEL

by Jay Hufnagel

I received an email from J. Cloud of the Lake Lanier Association. Along with Lake Lanier, many other Lakes (Lake Hartwell, Lake Keowee, etc.) in Georgia and South Carolina are feeling the effects of heat and lack of rain. Last week as I was showing property on Lake Hartwell I noticed several docks (with boats in their slips) that had not been pushed out and were on the verge of being dry docked and possibly damaged (especially with boat lifts). Please see J. Cloud's note below and if you own lake property, check your dock soon:

 

"As you may have noticed, the lake has dropped over a foot in the last two weeks. The current level is 1064.87 and the projections show a downward trend into the fall. A number of docks are in the process of being stranded and damaged as a result of declining water levels. As a courtesy, particularly to our members who don't live on the lake full-time, we want to advise everyone that the lake level has changed significantly and is expected to decline further in the next few weeks. Stay aware of your dock and boat to avoid unnecessary damage from the declining water level. The Corps of Engineers publishes a short-term forecast online which can be viewed at:

 

Link to lake level forecast

(Once you are on this webpage, click "ACF Lake Elevation and 5-Week Forecast" and then, click "Lanier" for the chart to display.)

 

Also, with Labor Day weekend approaching, we want to encourage all our members to be especially cautious around the lake and on the water. There have been several tragic situations resulting in fatalities on the lake this summer, so we encourage everyone to familiarize themselves with boating safety guidelines, watch out for other boaters, and take care when swimming."

 

By the way, it's still a great time to buy Real Estate on the lake.

Lake Lanier 2008 Waterfront Real Estate Sales Activity

by Jay Hufnagel
Thank you to all of you that have been praying for rain. As of today, January 7, 2009, Lake Lanier is less then 17 feet below full pool, and it’s expected to improve by at least 2 feet by the weekend. Stacy Shelton, from The Atlanta Journal-Constitution, wrote Tuesday, January 6, 2009, Lake Lanier rises nearly 2 feet since early Tuesday. The article has some great quotes in it from John Feldt (National Weather Service).
 
If you haven’t already signed up to receive email updates from the 1071 Coalition, I strongly urge you to do so. This group is dedicated to driving a coalition of support for a full pool (1071 feet above sea level) and a healthy Lake Lanier.
 
Here are statistics for 2008 “waterfront” Real Estate activity on Lake Lanier. This list does not include condos and townhouses. (Based on information from the First Multiple Listing Service (FMLS) and does not include FSBO and non FMLS listings):
 
                                                                               2008             
 
Homes Sold   -    91                                                                    
            Average Days on the Market                       91                     
            Original Average List Price                      $711,673            
            Average Sale Price                                      628,116            
            Sale vs. List Price                                            88.3%             
 
            Current Active Listings                                   436                
            Current Homes Pending (under contract)      9
 
Waterfront Lots Sold   -  5                     
             Average Days on the Market –                     103                   
            Average List Price –                                  $302,600        
            Average Sale Price -                                     267,430         
            Sale vs. List Price –                                         88.4%              
 
            Current Active Listings -                               289
            Current Lots Pending (under contract) -       1
 
 
If you’d like to receive an actual list of the homes/lots that have sold, please click on the link below or email Jay Hufnagel, Keller Williams Realty, at sayjay@bellsouth.net.
 
Homes Sold
       Buyer Full Page
       CMA Page
Lots Sold
 Buyer Full Page
       CMA Page
The time to buy lake property is now ….”they’re not making any more of it”.   
 
By: Jay Hufnagel, Keller Williams Realty Atlanta Partners, www.SayJayLakeandHome.com , 770-757-2799, just “Say Jay” for Real Estate. Please comment below on what your thoughts are concerning these statistics.
 

Lake Lanier Water Level

by Jay Hufnagel
Are you still concerned about Lake Lanier’s water level?
 
With the rain we’ve had lately many “Stakeholders and Concerned Citizens” have forgotten about the water crisis we face on Lake Lanier. Today there was an interesting article in the AJC by Stacy Shelton (Lanier’s return to full will be a long time coming). In the article she refers to some of the steps taken to reduce the flow out of the lake. 
 
In late February many of us (over 300) emailed the US Army Corps of Engineers about reducing the outflow of water from Lake Lanier into the Chattahoochee River. The Lake Lanier Association and now, the 1071 Coalition, have since been very pro-active in keeping the pressure on the Corps to keep reducing the outflow even more. And, maybe it’s working. Since the first of the year, it appears that the Corps has taken a more pro-active approach in managing the lake. Now’s not the time to let up.
 
Please consider emailing or writing to Governor Sonny Perdue, Senator Saxby Chambliss, saxby_chambliss@chambliss.senate.gov ,  and the US Army Corps of Engineers ( joseph.m.brabham@usace.army.mil ) to voice your continuing support for, in the words of the Lake Lanier Association, “a full & clean Lake Lanier”.
 
If you haven’t already, please visit the 1071 Coalition website and sign up to receive information on what more you can do.

Lake Lanier 3rd Quarter 2008 Waterfront Sales Activity

by Jay Hufnagel
Thank God it rained! It’s been 25 days since it last rained, and finally yesterday the heavens opened up for some much needed moisture. Sales activity during the 3rd quarter was slower then expected, but potential buyers are still looking for a “great deal”. “And, they’re out there.” Sellers are starting to realize that if they want to sell ….they’ve got to get real. If you’re willing to accept the fact that some great properties currently don’t have much water under their dock, then you can find your dream lake home for a great price.
 
Here are statistics of the Third Quarter “waterfront” Real Estate activity on Lake Lanier. This list does not include condos and townhouses. (source: FMLS and does not include FSBO and non FMLS listings):
 
                                                                           3rd Quarter     
 
Homes Sold  -     15                                                                     
            Average Days on the Market                       96                     
            Average List Price                                    $844,833            
            Average Sale Price                                      710,000            
            Sale vs. List Price                                            84%                
 
            Current Active Listings                                   403                
            Current Homes Pending (under contract)         8
 
Waterfront Lots Sold  -  3                    
             Average Days on the Market –                       105                 
            Average List Price –                                  $271,000        
            Average Sale Price -                                     237,384         
            Sale vs. List Price –                                         87.6%             
 
            Current Active Listings -                               261
            Current Lots Pending (under contract) -           0
 
  
 
If you’d like to receive an actual list of the homes/lots that have sold, please click on the link below or email Jay Hufnagel, Keller Williams Realty, at sayjay@bellsouth.net.
Lake Home Sales

       Buyer Full Page
       CMA Page

Lake Lot Sales

 Buyer Full Page
       CMA Page

The time to buy lake property is now ….”they’re not making any more of it”.   
 
“Nobody’s buying lake property, the lake level is at record lows, the economy is terrible and will get worst, lending guidelines are too tight, we’re not at the bottom yet” …. these, and other statements, we’re hearing everyday. But, as you can see below, not everyone is listening. There are still deals to be had. Buyers are few and far between, but those that are realizing their dream of owning their own “little slice of heaven” are doing so at great prices.
 
Here are statistics of the Second Quarter and Year-to-date “waterfront” activity on Lake Lanier. This list does not include condos and townhouses. (source: FMLS and does not include FSBO and non FMLS listings):
 
                                                                           2nd Quarter         Yr-to-Date
 
Homes Sold                                                              29                       55  
                                        
            Average Days on the Market                         58                    81
            Average List Price                                      $599,170       $666,147  
            Average Sale Price                                       555,434         603,416  
            Sale vs. List Price                                             92.7%              90.5%
 
            Current Active Listings                                               428                
            Current Homes Pending (under contract)                13
 
Waterfront Lots Sold                                                 1                       2
 
            Average Days on the Market –                         24                    101
            Average List Price –                                    $450,000         $350,000
            Average Sale Price -                                      425,000          312,500
            Sale vs. List Price –                                          94.4%              89.3%
 
            Current Active Listings -                                               217
            Current Lots Pending (under contract) -                       0
 
  
 
If you’d like to receive an actual list of the homes/lots that have sold, please email Jay Hufnagel, Keller Williams Realty, Lake and Home Group, at sayjay@bellsouth.net.
 
The time to buy lake property is now ….”they’re not making any more of it”.   
 
By: Jay Hufnagel, 770-757-2799, just “Say Jay” for Real Estate

How does an inch of rain effect lake levels?

by Jay Hufnagel

I’ve heard in the past that an inch of rain equates to about a foot increase in lake levels. According to recent articles in The Atlanta Journal-Constitution (AJC) and from the National Weather Service’s Southeast River Forecast Center, that is not the case. The AJC stated Sunday that Lake Lanier adds water only when rain is plentiful and steady. For example (currently), one inch of rain water would have no impact on the water level of Lake Lanier. The lake level would continue to fall, but at a lower rate for a couple of days. So much depends on how saturated the soil is and how consistent the rain has fallen. The real change happens when we get at least 4 inches of rain. According to the 11/25/07 AJC article, the lake would rise 1.4 feet over 5 days, then hold steady.

 

To get up to date precipitation information, and how it’s affecting our lakes, go to the National Weather Service’s Southeast River Forecast Center website. Not only does it have current and forecasted moisture statistics, but also you can listen to a Power Point presentation on the Southeast Water Resources Outlook.

By: Jay Hufnagel, 770-757-2799 just "Say Jay" for Lake Real Estate

Are Lake Property prices coming down?

by

Over the last two days I'ved received emails asking if lake property prices are coming down. In my opinion, I feel that, not only are they coming down, but sellers are more willing to negotiate on offers then they have been in the past.

Some buyers are hesitant about visiting properties until the water levels come back up in the Spring, but they may miss out on some great bargains. And, what better time to see what you're really buying, then when the lake level is low?  

I remember back in 2000 and 2001 when the lake levels (Lake Lanier and Lake Hartwell) were low. This was a great time to buy lake property. Many buyers and investors that bought during this period saw their investment double by 2005. It'll be interesting to see if that duplicates itself after the drought eases and the lakes are back to full. What are your thoughts?

By: Jay  Hufnagel, 770-757-2799, just "Say Jay" for Real Estate  

   

Displaying blog entries 1-10 of 11

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