Comments on: Call Me a Lake Martin Real Estate “Interventionist” http://lakemartinvoice.com/2009/07/12/call-me-a-lake-martin-real-estate-interventionist/ Lake Martin real estate, homes for sale, market reports Sat, 11 Feb 2012 09:09:04 +0000 hourly 1 http://wordpress.org/?v=3.3.1 By: Richard Stabile http://lakemartinvoice.com/2009/07/12/call-me-a-lake-martin-real-estate-interventionist/comment-page-1/#comment-11139 Richard Stabile Sat, 18 Jul 2009 02:06:33 +0000 http://lakemartinvoice.com/?p=1069#comment-11139 Resort, lake, waterfront properties are priced on location land value weighted heavier than in regular residential neighborhoods. Resort, lake, waterfront properties are priced on location land value weighted heavier than in regular residential neighborhoods.

]]> By: Bailey Jones http://lakemartinvoice.com/2009/07/12/call-me-a-lake-martin-real-estate-interventionist/comment-page-1/#comment-11098 Bailey Jones Wed, 15 Jul 2009 22:21:11 +0000 http://lakemartinvoice.com/?p=1069#comment-11098 “It ain’t worth what it was in ‘06.” Truer words have never been spoken, yet they are not enough. As I've looked at houses for sale on the lake (something I've been doing for decades, whether I've needed one or not) I've often thought of several things that sellers need to be told. Among them: "A million-dollar house crammed between other houses is NOT worth a million dollars." "A million-dollar house stuck in the back of a slough that is dry 10 months of the year is NOT worth a million dollars." "A million-dollar house crammed between other houses AND is stuck back in a slough that is dry 10 months of the year"... well, you get the point. In my opinion (perhaps I should put that in all-caps) a house on the lake should be judged on so much more than the house itself, much moreso than a non-lake, non-vacation home, because in many cases the buyer is looking for MORE than a home; they are looking for a retreat, an escape, for their piece of Heaven on Earth. And to find that they're looking at more than a building; they're also looking at the lot, the view, the lake access, the serenity, and more. After all, if the only thing that mattered was the house itself, why not buy one nowhere near water, where the prices are usually lower? I have noticed in my searches that I'm usually much more taken with bad houses in great locations than I am with great houses in bad locations. And that shouldn't be surprising; after all, a house can be improved and enlarged, but the lot it sits on cannot. “It ain’t worth what it was in ‘06.” Truer words have never been spoken, yet they are not enough. As I’ve looked at houses for sale on the lake (something I’ve been doing for decades, whether I’ve needed one or not) I’ve often thought of several things that sellers need to be told. Among them:

“A million-dollar house crammed between other houses is NOT worth a million dollars.”

“A million-dollar house stuck in the back of a slough that is dry 10 months of the year is NOT worth a million dollars.”

“A million-dollar house crammed between other houses AND is stuck back in a slough that is dry 10 months of the year”… well, you get the point.

In my opinion (perhaps I should put that in all-caps) a house on the lake should be judged on so much more than the house itself, much moreso than a non-lake, non-vacation home, because in many cases the buyer is looking for MORE than a home; they are looking for a retreat, an escape, for their piece of Heaven on Earth. And to find that they’re looking at more than a building; they’re also looking at the lot, the view, the lake access, the serenity, and more.

After all, if the only thing that mattered was the house itself, why not buy one nowhere near water, where the prices are usually lower?

I have noticed in my searches that I’m usually much more taken with bad houses in great locations than I am with great houses in bad locations. And that shouldn’t be surprising; after all, a house can be improved and enlarged, but the lot it sits on cannot.

]]> By: Daniel Bates http://lakemartinvoice.com/2009/07/12/call-me-a-lake-martin-real-estate-interventionist/comment-page-1/#comment-11041 Daniel Bates Mon, 13 Jul 2009 12:57:19 +0000 http://lakemartinvoice.com/?p=1069#comment-11041 John, I'd tune in for every episode! The transparency in real estate has finally hit HGTV and it is refreshing to see a real estate agent talking straight forward and honestly with the sellers...also nice to see a male Realtor representing :-) The agent on the show isn't worried about his commission and as a result 2 of the 3 episodes I've seen resulted in the sellers deciding that they were not able to lower the price any further and taking his advice to rent for a year and then see where the market is. Sometimes it's not the immediate payout that WE want, but it MAY be what is best for THEM and your honestly will be repaid the following year when they list their home with you. John, I’d tune in for every episode! The transparency in real estate has finally hit HGTV and it is refreshing to see a real estate agent talking straight forward and honestly with the sellers…also nice to see a male Realtor representing :-)

The agent on the show isn’t worried about his commission and as a result 2 of the 3 episodes I’ve seen resulted in the sellers deciding that they were not able to lower the price any further and taking his advice to rent for a year and then see where the market is. Sometimes it’s not the immediate payout that WE want, but it MAY be what is best for THEM and your honestly will be repaid the following year when they list their home with you.

]]>