Saturday, September 6, 2008

Now is the Time to Secure a Great Real Estate Deal at the Lake

Lake Real Estate values continue to increase and although the number of sales are down this year, the average time on the market remains the same as last year. If you are considering purchasing a lake property or adding to your investment portfolio, now is an excellent time to do so. Waiting a year or two to “see if the market will drop” may very well cost you as much as 5% to 20% more on your purchase price. Just this year our residential values are up almost 5% and that is after the so-called bubble burst.

Gattermeir Elliott is promoting a Summer Sell Down event at Tuscany Condominiums. Developers are offering up to $40,000 price reductions on select developer owned units.

Tuscany is located at the 31 mile marker by water and on Lake Road 5-31, Pier 31 Road by land. Tuscany offers 2 and 3 bedroom units with stunning lake views. Garages, PWC slips and up to 16’x40’ covered slips are available and water and shore power is offered.

The complex includes a large lakeside pool, clubhouse, elevators and exquisite landscaping. A vast array of custom options are available for new units.

On Saturday, September 6th from 10 a.m. to 4 p.m. visit an open house with two homes side by side at a total package price of $1,839,500. Situated on an interior point lot in six mile cove these two adjoining properties total 184’ of gentle lakefront with lakeside pool and two large dock systems, each with cruiser slips., 9 bedrooms, 11 baths with a total of 10,125 square feet of living area plus multiple outdoor entertainment areas. Located on a private end of cul de sac setting, these homes are also available separately. Take Horseshoe Bend Parkway to Cherokee, to Linn Creek to Cornett Branch Road to Ginseng Court or view the Visual Tour at

For more information on these properties or other lake real estate questions, contact Michael at 877.365.cme1 (2631) or You can also log your opinions on Michael’s real estate blog,