Dollar Point Update

Dollar Point has seen some solid sales thus far in 2013. Prices range from $580k (sold in 4 days) to $2.2m in a total of 8 sales (thru 7/6). This is slightly more than 2012 which was the first great year in the neighborhood since the recession hit. The lowest-priced sales for 2012 and 2013 look very similar – a bit dated but with peaks of the lake. The mid-range for each year were very similar – $1.2-1.3m for big lakeviews and homes which were fine as is but could use some cosmetic upgrades. So while prices haven’t seemed to have risen too much in the last year the market is much more stable. Alex can give owners a very good idea of value based on comparable sales and marketing time for properly-priced properties with good marketing is under 45 days. Feel free to reach out to Alex to get the value of your Dollar Point property.