Lake George Topics: Crazy high real estate prices
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Name:
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wix
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Subject:
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Crazy high real estate prices
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Date:
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4/5/2022 3:19:38 PM
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A disturbing real estate movement is happening on our lake. Lots are being reduced to as low as 50 ft of waterfront and being developed with large homes and sold for $700-800 K. Problem developing is very obvious….lake is being overrun by boats and people ignorant of boating and safety on the water. Take a look at what has happened at Stillwaters, The Village, and others, and now even APC is developing micro-lots. Best benefit of Lake Martin for decades has been the bulk of the property was owned by APC, and Russell, and they were very conservative with their development plans….no more. The way things are going homes bought at todays high prices, won’t sell for that price 20 years from now…..but, will be worth much less. We are ruining a very good thing.
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