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nogava

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Reply with quote  #1 
Anyone been in Chestatee North recently?  Or at all?  Between Sardis and Cool Springs.

I'm no stranger to Lake Lanier, and I'm familiar with this community; however, I just realized I've never had the pleasure of appraising a unit in there.  Type of ownership never really occurred to me until I started deed digging.  Curious as to how others have handled properties in this community.  Specifically regarding comparable sales, and the non-conforming aspect of condo ownership for permitted lake frontage.

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Nomad

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Reply with quote  #2 
Similarly marketable to other lake homes. In fact, most owners/ buyers in there don't even know.
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nogava

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Agreed.  That's what I've always thought as well.

Just gonna look funky on a 1073 and having to explain that the majority of the comparable sales are fee simple.  I don't know of another similar community on Lanier with condo ownership and permits.  I guess it is what it is.

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BChip

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Reply with quote  #4 
I did one a while back. Double check google earth but I think that cove ran completely dry during the drought.
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