Lots Get 'em While You Can on Lake Keowee

Inexpensive, Lake Keowee, water front lots are the “ ‘em” to which I refer. While you’re reading this, the supply of good, covered dock-able, Lake Keowee water front lots, outside of the golf communities, below $200,000 becomes more and more scarce. We do have some really good lots still in the inventory, BUT NOT FOR LONG!

You see, folks are starting to figure out they can’t find houses they’re interested in on Keowee between $400,000 and $600,000. There are a few out there, but often not what you as a buyer are looking for. Where does that leave you? Buy a lot and build. To get in the $500,000 to $600,000 price range for a house/lot package, what does the price of the lot need to be? See paragraph one.

The lots of lot liquidation sales are all but done, many of these lots will come back on the market as a lot of folks purchased lots solely for the investment (the keyword for this blog is lots-gotta be able to find this blog about lots). When these lots come back to the market, they will be more expensive and in several cases not close to the main section of Lake Keowee.

What’s the answer for you buyers? Buy a lot (or a lot of lots) now and build a modern, beautiful home and do it for $500,000 to $600,000. Problem solved.

Selling Season Learning

Are you ready for step 4 of the 29 essential tips that get homes sold fast (and for top dollar)? Too bad, here it is – take your medicine:

4. Go home shopping yourself. The best way to get to know your competition, identify features that are popular and learn what turns buyers off is to check out other open houses. Plan on spending a few weekends touring other homes on the market to learn what other sellers are asking. Be sure to make note of the floor plan, condition, appearance, size of lot, location and other features.

If you visit enough homes and pay close attention to the details (and what other “buyers” are saying), you’ll develop a good understanding of how different features affect pricing. And then you can apply what you’ve learned when setting your price. But don’t forget to include in the equation of what homes are actually selling for, not just simply what people are asking. And remember, if you’re serious about getting your home sold quickly, don’t be more expensive than your neighbor. You, my friends, are welcome.