The 4th “key factor” that defines the real estate market in Smith Mountain Lake, VA, is the quality of the homes.
How is Smith Mountain Lake Waterfront Property Valued? – Key Factor #3
Property Value Factor #3: Waterfront What does “waterfront” mean in this context? This is a catch-all phrase. This issue is often third on folks’ lists but is sometimes first or second. Factors may include: Length of Shoreline Though many buyers …
How is Smith Mountain Lake Waterfront Property Valued? – Key Factor #2
Property Value Factor #2: The Slope We’ve looked at factor #1, the view, so now it’s time to see a second factor that affects how waterfront real estate is valued. “The Slope” often runs a close second behind view, and …
How is Smith Mountain Lake Waterfront Property Valued? – Key Factor #1
Many people looking at home listings over the web are surprised when they see the wide variation in home prices here at Smith Mountain Lake. They wonder why a beautiful, large waterfront home is priced hundreds of thousands lower than …
Smith Mountain Lake Factoids – Channels & Tributaries
Is Smith Mountain Lake natural, or is it man-made?
What do the channels of Smith Mountain Lake look like?
Learn about the answers to these questions and more, in this my first “factoid” post.
Quick Facts about Smith Mountain Lake
Shoreline: 500+ miles Main Channel: Approximately 40 miles Elevation: 795 feet above sea level at the lake Local Population: Approximately 20,000 Nearby Cities: Roanoke – Under one hour.Area population approx. 290,000 Lynchburg – Under one hour.Area population approx. 240,000* Greensboro/High …
Smith Mountain Lake is the Place to Be
Other places in the USA may boast higher name recognition, but Smith Mountain Lake (in my opinion) beats them all! And I’m not alone in my opinion – read on to see why.
Smith Mountain Lake: The Normal Rules Don’t Apply
Smith Mountain Lake real estate is a very unique market – one that I’ve never experienced before in my career. In most markets, there are only a few factors that determine a property’s desirability and price – pretty much the old adage, “location, location, location.” But at the lake, there are many other complex factors – and sometimes they throw the newbie in for a loop.
SML Real Estate: Short-Term Opportunity, Long-Term Windfall
Advantages for the Short-Term It is no secret that the national real estate market is in a slump. This slump has hit investors especially hard, and those holding waterfront property at Smith Mountain Lake, VA, are not exempt. This is …
Welcome to the World of Smith Mountain Lake Real Estate
Hello folks! My name is Paul Moore, and I’ve been a Realtor here in Smith Mountain Lake, Virginia, for many years now. I’ve learned so much about waterfront property in general, and Smith Mountain Lake in particular, that I’ve written …
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