Does the Water Level Rise and Fall? How Does That Affect Me and My Property? Many people who visit Smith Mountain Lake are surprised that the water levels do not fluctuate much. Other man-made…
The depth of water in front of your home will affect both the value and long-term enjoyment of your home. While a few buyers are looking for shallow water to launch a certain type…
Excellent water quality is one reason people are flocking to Smith Mountain Lake. The vast majority of spots on more than 500 miles of shoreline have crystal-clear water year-round. Unfortunately, as in any fresh…
Property Value Factor #7: Lot Size We often get first inquiries from people asking for the typical price of property per acre here. While there are rare individuals who want more acreage, most buyers…
Property Value Factor #6: Cove versus Main Channel This issue is not completely cut and dry because there are varying degrees of land in coves, on the main channel, and in between. Many first-timers…
Property Value Factor #5: Location This issue is way down the list here at Smith Mountain Lake because the location is already established. Everyone choosing to buy at Virginia’s Jewel of the Blue Ridge…
The 4th "key factor" that defines the real estate market in Smith Mountain Lake, VA, is the quality of the homes.
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:…
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…
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.
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