Current Lake Chatuge Market 04/11/07

54 Lake Front lots on the market at this time. They range in price from $329,000 to $2,500,000. The average comes in at $587,652 and the median is $549,000. Below the $400,000+- mark may just have a slip in a community dock.

55 Lake Front residential homes on the market at this time. They range in price from $259,000 to $3,125,000. The average comes in at $968,729 and the median is $799,000. Below the $600,000 you are in the non-dockable, mobile home, small, teardown, small lake frontage, etc. type place. 18 of them are over the $1,000,000 mark.

22 Lake Townhouse, Condo type place on the market at this time. They range in price from $370,000 to $585,000. The average comes in at $504,177 and the median is $539,000. Most of them come with a slip in a community dock.

Please contact me for a detail search with pictures etc. chuck@ssg-i.com

First Great Weekend of the Year.

Talk about a great weekend. Temps in the Mid 80 and water temps in the low 60. The lake was busy this weekend. Lots of activity at the marinas. With weather like we had this weekend, you just know why it is such a great place to call home. Saw a lot of out of town tags this weekend also. The boat house restaurant at the Ridges Marina was doing outside cooking on the big BBQ grill and the customer where all over the place. Water has been turned back on to the docks at the Ridges marine and saw a lot of people dewinterizing their boats. Looks like we are into a great start on the water this year. Now all we need is for the lake to get to full pool and have the water temps go up!

On the Lake Chatuge Real Estate front saw a couple lots and a home go under contract this weekend so it looks like the market was active too.

Fishing is Good.

My son-in-law is telling me the fishing is good. So get your rods & reels to the lake. The water temps are going up.

Current Lake Market

41 Dockable Lake Front lots on the market at this time. They range in price from $450,000 to $900,000 with a couple special places in the $1,850,000 - to $2,500,000 range. Most of them are in the $550,000 to $650,000 price range. Lots below the $450,000 price may come with a slip in a community dock.

42 Lake Front residential homes on the market at this time. They range in price from $400,000 to $2,000,000. In the $400,000 to $700,000 range (20 or so) you are in the mobile home, small, teardown, small lake frontage, etc. 11 of them are in the 700,000 to 1,000,000 range. 13 of them are over the $1,000,000 mark

24 Lake Townhouse, Condo type place on the market at this time. They range in price from $300,000 to $585,000. Most of them come with a slip in a community dock.

Please contact me for a detail search with pictures etc.
chuck@ssg-i.com

Happenings

A lot of talk has been going on about the big Auction happen in March. The Developer of McIntosh Cove and Sunset Bay Condominiums and Townhouse has said "Sell What's Left" J.L.Todd Auction Co. is doing an auction for him on 3/24/07.

http://www.ssg-i.com

New issue of TVA River Neighbors

The February 2007 TVA River Neighbors—an electronic newsletter for people who use TVA-managed reservoirs—is now available online.

In the lead story, you’ll find answers to some of the questions reservoir users often ask about the spring fill such as: when will the water level in my reservoir start going up, when will my reservoir reach full pool, and why isn’t my reservoir filling as fast as other reservoirs?

Other topics covered in this issue include:

How TVA calculates the dollar value of flood damage averted
The benefits of a fully automated hydroelectric system in maximizing the value of the water stored in TVA-managed reservoirs
An ongoing TVA study to determine whether reservoir lands previously designated for recreation and economic development are still suitable for those uses
Information for people interested in trout fishing below TVA dams or camping at one of TVA’s 11 campgrounds.

Lake is starting up!

Hey looks like the TVA is going to start the lake back up. Yes it's late this year and the TVA took it down more than last year. At this time we are about 3 feet below last year at this same time.

Local eating on the lake.

At this time the only dock-able lake side restaurant is at the Ridges/Fieldstone marine. The Yacht Club or Boat House restaurant is the only place you can dock and get some food on the lake.

1st Post 2/20/07

This is the post on the new Lake Chatuge Blog. I hope to post daily happens and and pictures as they happen. If you would like to see something please let me know.





Ice on the lake the other day. It was at the south end of the river channel.

My web site www.ssg-i.com