Tips on Selling Georgia Lakefront Property
Return to BlogGet cash offer for your land today!
Ready for your next adventure? Fill in the contact form and get your cash offer.
By
Bart Waldon
A serene lake reflecting the golden Georgia sunset, a gentle breeze rustling through tall pines, and a cozy cabin perched on the shore. It's no wonder lakefront properties in the Peach State are hot commodities. But if you're looking to part ways with your slice of lakeside heaven, you might find the process a bit more challenging than you'd expect.
Let's dive into the world of Georgia lakefront real estate and explore some savvy strategies to help you navigate these sometimes choppy waters.
The Lay of the Land (and Water)
Before we jump into the nitty-gritty of selling, let's get our bearings. Georgia is blessed with over 425,000 acres of lakes and reservoirs, according to the state's Department of Natural Resources. That's a lot of shoreline! From the sprawling waters of Lake Lanier to the tucked-away coves of Lake Oconee, each body of water has its own personality and appeal.
Now, here's where things get interesting. The folks over at the University of Georgia's Center for Agribusiness and Economic Development crunched some numbers and found that lakefront properties in popular areas can fetch prices up to 30% higher than their landlocked counterparts. Cha-ching! But before you start dreaming of a windfall, remember that the land market can be as unpredictable as Georgia weather in spring.
Selling Lakefront Property: It's Not a Day at the Beach
If you thought selling your lakefront property would be a walk in the park (or should I say, a stroll on the dock?), think again. The reality is, it often takes 1-2 years to sell vacant land in Georgia. Yep, you read that right. So, pour yourself a tall glass of sweet tea and settle in for the long haul.
But don't worry, we've got some tricks up our sleeve to help you make a splash in the market.
1. Price It Right (But Don't Sell Yourself Short)
Pricing lakefront property is more art than science. You've got to consider factors like:
- The size and health of the lake
- Your property's shoreline footage
- Whether you've got a primo sunset view or just a nice peek-a-boo of the water
Do your homework on recent sales in your area, but don't be afraid to highlight what makes your place special. Maybe you've got the best bass fishing spot on the lake, or a perfectly level lot for building (a rare find in Georgia's rolling terrain).
2. Show Off Your Waterfront Wow Factor
When it comes to lakefront property, it's all about that view. Make sure potential buyers can really soak it in:
- Clear any overgrown vegetation blocking the water view
- Consider trimming a few lower branches to open up the vista
- If you've got a dock, make sure it's in ship-shape condition
And don't forget about staging! Set up a couple of Adirondack chairs facing the water, maybe add a fire pit. Help buyers imagine their future lakeside living.
3. Timing Is Everything
Lakefront property shopping tends to heat up with the weather. Spring and summer are prime times for showcasing your slice of paradise. But don't completely write off the off-season. A crisp fall day with colorful foliage reflected in the water can be pretty darn magical too.
4. Get the Word Out
You can't sell a secret, so make some noise about your property:
- Leverage social media (those sunset photos are Instagram gold!)
- Consider creating a dedicated website for your property
- Don't underestimate good old-fashioned word of mouth
And here's a pro tip: target your marketing to folks who are already lake lovers. Advertise in fishing magazines or boating forums. You're not just selling a property; you're selling a lifestyle.
5. Know Your Stuff
Lakefront properties come with their own set of quirks and considerations. Be ready to field questions about:
- Water rights and lake levels
- Septic systems (a big deal for many lakefront properties)
- Dock permits and regulations
- Flood zones and insurance requirements
The more you know, the more confident buyers will feel.
6. Consider All Your Options
If the traditional route isn't working out, don't be afraid to explore alternatives:
- Auctions can create a sense of urgency and competition
- Owner financing might open doors for buyers who struggle with traditional mortgages
- Land buying companies (like yours truly at Land Boss) offer quick, hassle-free cash sales
Speaking of which, at Land Boss, we've seen it all in our 5 years in the biz and over 100 land transactions. We know that sometimes, a quick sale to a land buying company is just what the doctor ordered. No judgment here – we're just happy to help folks move on to their next adventure.
Final Thoughts
Selling lakefront property in Georgia isn't always a day at the beach. It takes patience, savvy marketing, and often a good bit of elbow grease. But with the right approach (and maybe a little Southern charm), you can turn that "For Sale" sign into a "Sold" success story.
Remember, whether you're looking to sell quickly for cash or holding out for top dollar, there's no one-size-fits-all approach. The key is finding the strategy that works best for you and your unique slice of Georgia lake life.
So, here's to smooth sailing on your selling journey. May your closing be swift, your profits be plenty, and your next adventure be just around the bend. And if you need a hand along the way, well, you know where to find us. After all, at Land Boss, lakefront properties are kind of our thing.