Lake Keowee Real Estate Expert Blog ‘Season
Well, I lost $3 last week in the worst possible way: to some of my Gamecock friends. It was a painful loss, but they played well in a hostile environment and came away with the win. Congratulations! Hopefully, the Tigers will get another chance in the playoffs. It would be quite an exciting treat!
I know none of that has nothing to do with Lake Keowee real estate but I felt the need to share…it’s therapeutic! So, what has been happening in Lake Keowee real estate? Well, it’s been especially busy considering the season with several properties going under contract. We have 3 properties set to close this week alone and hope to put a lot and a house under contract, even as we cry all the way to the ACC Championship game (petty, I know). We’ll be spending time this month going over the year that was and looking for ways to get even better for 2025 (wow, that’s a quarter of a century gone…way too fast. Better buy that Lake Keowee property today, got to get the fun in ASAP!).
You potential sellers need to make the dreams of the buyers come true! Maybe you have to leave our beautiful area or better yet, you want to buy an even nicer piece of Lake Keowee property. You’ve got to make that happen and we can help!
- the level of supply and demand in the current local market,
- the condition and features of the house itself,
- current sales prices of comparable properties in the area,
- the condition and features of the neighborhood.
As you can see, very few of those things are within your control. However, you’ll be in a much better position to make the most of your sale if you at least have a full understanding of all the elements involved.
All of the economic realities that affect your home’s market value are reflected in the prices of recently sold homes.
Your real estate agent should provide you with a complete comparative market analysis showing the listing and sales prices and the features of other homes similar to yours in the area that have sold recently as well as the features and listing prices of homes currently for sale.
The report should also reflect the length of time each of these homes have been on the market.
No matter how much you think you may have already learned from talking to neighbors and looking at ads in the local papers, seeing the hard, cold facts is still usually surprising to most sellers. You’re likely to find that the people you talked to tended to “round off” or exaggerate the prices they bought or sold for.