Quote:
Originally Posted by BillTex
Can you explain? Not sure i understand that statement.
In any case, i agree some properties are spending more time on the market. Seems like only the most “perfect”properties are still moving quickly.
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The cost-of-entry at Arcadia is ~$200k these days. That includes a private beach, private boat ramp, rentable boat poles, docks (separate ownership), tennis/pickleball courts, laundry and shower facilities, a rec. hall with patio overlooking the lake and performer stage, playground, sports field and boat storage, etc. etc.
As the prices for lake properties have skyrocketed, Arcadia has become a better and better value. That I know, the lowest selling price for a home on Hanson Cove this last couple years is just under $1M, almost five times higher.
Though it's certainly not for everyone—seasonal, an association, etc.—it's a bargain for lake access in a gated community.
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