Numerous factors are taken into account to determine values of lots located on Lake
Sidney Lanier. There are way too many to list here because each lot is unique and all values must be taken on a case by case basis. With that said, below is a general overview. Prices of lots
& homes are determined by how closely they meet the following characteristics and how typical they are for the lake area they are located. The US Army Corps of Engineers
have authority over every aspect of permitting on Lake Lanier. They have official guidelines that they and you must follow. These guidelines have much if not all to do with the values of each lot. In other
words, What you see when you buy is what you get!
A) The steepness to accommodate ease of construction and access.
B) Depth of water to allow for a boat dock, which is considered PERSONAL PROPERTY.
C) Proximity to US. Government line to water's edge, permitting a brief walk from the residence to the water.
D) Wooded or cleared. The US. Government has instituted regulations
regarding clearing of their land; presently lots may not be cleared beyond the US Government Line.
of US Army Corps of Engineers, regulations regarding clearing of their land, the view of the water has become a very important factor in determining lot values. Lots on Lake Lanier, in this respect,
range from no view at all to a 500 foot view to a 6-7 mile view.
Lots on the South end of Lake Sidney Lanier, are demanding higher prices than other areas of the lake
due to the close proximity to Atlanta, via GA 400 or I-85. Also sailing enthusiasts prefer to be located below the bridges which are located at the mid section of the lake. The lake has
evolved to become an Atlanta "bedroom community" with permanent residences being on the increase, versus only weekend homes.
THE FOLLOWING IS AN OVERVIEW OF MANY OF THE MAIN FACTORS WHICH
DETERMINE MARKET VALUE OF LAKEFRONT PROPERTIES AT LAKE SIDNEY LANIER:
1). Amount of property located on the USGL. The size & quality
of the actual useable frontage on the lake will give a higher value to a lake lot.
2). Availability of a floating facility (boat dock) in place and the size of that dock. 4/27/07 The Army Corps of Engineers has a dock quota that has reached it's limit. They officially stated there will be NO more dock permits
issued on Lake Lanier when all the allotted permits are gone. In all my years selling on Lanier, obviously this is an unprecedented occurrence. Where the values will spike as all the dock permits are gone, is anybody's guess.
3).Position of boat docks in respect to other docks located in the area.
4). Effect of lake traffic and effect of the wind on the boatdock.
5). The direction the house and lot face and that effect.
6). Zoning restrictions on subject and surrounding properties. Depending on the county, new conforming lot sizes may differ and what once was enough land to cut into 2 or more lots, now may not be enough square feet to be separated for
8). Domestic Water supply.
9). Especially for vacant lots: Availability of sewage disposal,
through public means or private septic. Almost all lakefront property at Lanier is on septic tank. Therefore, because health and building codes are constantly being
updated, it is of utmost importance to have a verifiable soil survey to determine if and where a residence may be permitted on any given lot and, it may be different in each of the 5 counties
surrounding Lake Lanier.
10) . Privacy: The proximity of neighboring residence.
Hopefully, this information will be helpful to you in gaining an insight into various factors which effect the prices of lake lots and homes on Lake Sidney Lanier.
For a full appraisal of your property or
to obtain the guidance of a seasoned Lake Lanier expert...