Saturday, July 31, 2010

Smith Mountain Lake has Diversity!

If there is one thing Smith Mountain Lake has, it is diversity! We have a sparkling lake, with over 500 miles of shoreline, and we are surrounded by the beautiful Blue Ridge Mountains. From waterfront property to golf communities, you can find different types of real estate available in the area.




This diversity of real estate in Smith Mountain Lake means that just about anyone can find their dream home. Prices for real estate in Smith Mountain Lake are diverse, as well. There is something for every budget, from older lakefront homes that offer great deals, to brand new condos right on the water. You may be surprised at what you can afford to buy!



If you are looking for a waterfront home, you might be shocked at the variety of prices you may see. There are several things that can influence the value of lakefront property. Location means a lot in real estate, and when talking about Smith Mountain Lake, the view can be just as important.



What kind of vista do you want to have out your backdoor: mountains, water, wildlife, or all of the above? “The better the view, the higher the price” is usually the norm. There are many who gladly sacrifice privacy, to wake up to a picture-perfect scene every morning.



Another factor in the price of a waterfront home is the slope. At Smith Mountain Lake, there are some lots that are nearly flat, with a very gentle slope to the water. They are only five to 10 feet above the water level. There are other lots that are so steep, the owners put in steps to make it down to the water’s edge. Usually, “the gentler the slope, the higher the price,” BUT, this also means that if you are willing to live on a steeper slope, you can get nicer home for a great price!



Come for a visit, if you like it, then move here! No matter what type of home you are looking for, call Vicki Millehan! She is your local real estate resource for Smith Mountain Lake!

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