Real Estate Information Archive

Today is 11-12-2013 and the first snowfall has already arrived at the Apple Valley Lake!  Our first snow came a little sooner this season than I expected and with the warmer temperatures that are headed our way, I expect this snow will melt away be the weekend.  I can remember many years when our first snow hasn't arrived until after Christmas which is why the snow today is a little surprising.

November 15th is the projected day when they will start lowering the Apple Valley Lake level from full pool.  The lake lowering process can take a couple of weeks to reach the desired lake level.  If you have never watched the lake get lowered before you may want to click on this video link and watch the water forcefully drain out of the Apple Valley Lake.   

This morning I was researching the number of available homes at the Apple Valley Lake for a client and I determined that there are 99 available homes currently for sale at the lake.  

• There are 14 Homes that are priced under $100,000 with an average listing price of $85,821.  For those of you who have heard rumors that you can't find an affordable home in Apple Valley we have another 14 reasons why that just isn't true.  To put this into perspective a base 30 year mortgage at 5% interest based on a $85,821 loan amount is only $460.21 per month.

• There are 28 homes that are priced between $100,000 to $150,000 with an average listing price of $127,253.  A sample base monthly house payment for a $127,253 loan at 5% interest for a 30 year term is $683.12.

• There are 26 homes that are priced from $150,000 to $200,000 with an average listing price of $168,994.  A sample base monthly house payment for a $168,994 loan at 5% interest for a 30 year term is $907.20.

• There are 8 homes that are priced above $200,000 to $250,000 with an average listing price of $227,332.  A sample base monthly house payment for a $227,332 loan at 5% interest for a 30 year term is $1,220.37.

• There are 5 homes that are priced above $250,000 to $300,000 with an average listing price of $287,010.  This price range is typically where you could potentially start to find the entry level water front and lake front homes.  Currently two of the homes in this price range have water frontage. 

• There are 9 homes available in the Apple Valley that are priced above $300,000 to $400,000 with an average listing price of $356,777.  All 9 of those homes feature either water frontage or lake frontage.  This particular price range is VERY hot during the summer months.  Roughly half the homes that sell in this price range and above are purchased as a vacation home or summer home.

• There are 9 Apple Valley lakefront homes available at the that are priced above $400,000 with an average listing price of $555,188.  The lowest priced home in this price range is $419,000 and currently the highest Apple Valley home is listed for $795,000.

Super spacious split level located at 3219 Apple Valley Drive in Highland Hills Subdivision at the Apple Valley Lake, featuring 4 bedrooms and 2 ½ baths, an inviting covered wrap around front porch, inside you will find a vaulted ceiling living room with an adjoining dining area, attractive oak cabinetry filled kitchen that includes all the major appliances, 2^nd floor laundry conveniently located near the bedrooms, huge lower level family room highlighted by a fireplace plus there is a 4^th bedroom and half bath downstairs, 2 car garage, relaxing rear deck and a hillside yard, natural gas forced air heating and central air, easy care vinyl siding, this home is larger than it looks and it is priced really right at just $137,500.  

View The Virtual Tour of this Apple Valley Lake Resort Home

One of the nicest homes on Courtland Drive at the Apple Valley Lake.

This home is ideally located on one of the most gorgeous and desirable streets in all of Apple Valley.  The setting is a gorgeous treed location with a peaceful hillside view and within walking distance of the Apple Valley golf course and club house.  The back yard has wonderful mature trees and a yard barn with covered porch that's ideal for a child's playhouse.  Treated wood decking just off the dining area is ideal for cookouts and entertaining.  

The interior of this home is tastefully decorated and has a very well cared for feeling.  Traditional layout with 3 oversized bedrooms, 2 1/2 baths, a sun filled living room, formal dining room, attractive eat-in oak style kitchen with a breakfast nook, big master bedroom suite that has it’s own private bath and all the bedroom are all larger sized.  Tremendous storage space is available in the basement and this area could easily become future living space.  The 2-car garage is nicely oversized and is extra deep making it perfect for a motorcycle, bicycle and lawn mower storage.

You will be extremely impressed with the size, the location and the condition of this home especially when you realize it is priced at only $144,900. 

Click here for more listing details

View other Apple Valley Homes for sale       View Apple Valley Lots for sale

With the first half of 2009 behind us, the Apple Valley Lake real estate market continues to increase each month.  According to the Knox County Ohio MLS, during the first 6 months of 2009 there were 46 residential homes sold.  The lowest priced home in Apple Valley sold this year, sold for $27,000. The highest priced Apple Valley lakefront home sold for $505,000.  The average Apple Valley lake community home sold for $145,410 and the combined sales volume for all 46 homes sold during the first 6 months totaled $6,688,866.

To date,  Apple Valley home sales are 82.14% of the 2008 home sales for the exact same time period.  Last year during the first 6 months, 56 homes successfully sold.  This year 46 homes sold in Apple Valley equating to a 17.86% reduction in the number of homes successfully sold.  

According to the Knox County MLS, there are currently 104 homes listed for sale within the Apple Valley Lake Community.  The average list price for an Apple Valley Ohio home is $182,329 and the grand total for all available homes listed in the Knox County Ohio MLS is $18,962,227.  The lowest priced active residential home listed in Apple Valley is priced at only $48,000. The highest priced active home on the Apple Valley waterfront listed in the Knox County MLS is $895,000. 

Typically, the months of June, July and August are peak months for Apple Valley real estate.  This is due to summer activies such as boating, swimming, jet skiing, fishing and the fantastic beaches.  Nothing is better than having a home on the lake!  As the summer continues we look to see the market in the Apple Valley Community improve.

View available Apple Valley Lake homes for sale 

Apple Valley waterfront home at 4009 Apple Valley Drive and conveniently located near the Apple Valley lake entrance on the east side of the lake.  Panoramic lakeview, covered boat dock, extensive decking and patio and a two story style vaulted ceiling great room.  This is an impressive waterfront property that features solid resale potential based on it's location, surrounding homes and the future available living space in the unfinished walkout lower level.  If you have dreamed of living on the Apple Valley Lake you need to see this home especially since it is priced at only $375,000.

Photos below are of a nearby boat launch and a great fishing spot.

Apple Valley Lakefront Homes and Apple Valley Lake Community Homes For Sale

Apple Valley Lakefront Lots and Apple Valley Building Sites For Sale

Contact Sam Miller of RE/MAX Stars Realty.  (740) 397-7800 or 1-800-282-9096

Apple Valley Lake and the Apple Valley Ohio Lake Community home sales market report for April 2009.  The Knox County Ohio MLS reported that there were 10 residential home sales at the Apple Valley Lake Community in April with $184,547 being the average sales price for the month.  The lowest priced home sold for $50,476 which was a bank repossession and the highest priced home sold for $505,000.  The 3 cheapest Apple Valley homes that sold in April were bank owned listings.  The total dollar volume for sold and closed homes in Apple Valley for the month of April was $1,845,476.

There are currently 104 Apple Valley homes listed for sale in the Knox County MLS.  The average listing price for an Apple Valley Ohio home is $172,973 and the grand total for all available homes listed in the Knox County Ohio MLS is $17,989,289.

View available Apple Valley Lake homes for sale