Mitchell Lake Topics: Is it wrong to wish for a

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	Name:	BIGWORMK -
	Subject:	Is it wrong to wish for a
	Date:	8/17/2007 9:22:02 PM

Yeah, theres a 250 home development going up about 3 miles from my place and then about 4 miles down river there's a 150 home development...The Talladega side was pretty undeveloped until these projects , they'll cover about 5 miles of shoreline...So to answer your question- I purchased my place as a foreclosure for $170000..2 kitchens, 4 bedrooms, 3 baths, inground pool and bbq pavilion..I've made some improvements (Metal roof, siding-nothing too expensive)...I've been there 3.5 years and it now appraises for $280000...After the developments I expect it to be in the $350-$400000 range...Can't sell and cash in, prices on Logan Martin are too high and we won't even talk about Martin..