Lake Martin Topics: What is Value of this Lot??

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	Name:	au67 -
	Subject:	What is Value of this Lot??
	Date:	8/25/2006 5:57:59 PM

Don't know the value of your property but will give you something to compare to. Some neighbors of mine here in Sandy Creek have property with 1200' of rip-rapped shoreline, 2 piers and a relatively nice home. Being generous, I would estimate the value of the house alone at $500K max. They're asking $2.5 million for the lot and house. It's listed as "your own island" by Russell Lands. Most other property in this area that is for sell is well under $1 million. As we all know, 'asking' and 'getting' are not always the same.