This report concerns Single Family (S/F) Waterfront Homes along Lake Barkley in Trigg County. All data from the Western Kentucky Regional MLS as of 4-23-18.
There are currently 42 Waterfront homes on the active market in Trigg County. Their average Days on Market is currently 191 days. Their average list price, after removing the high and low, is $399,000. The average price per sq. ft. is $138.65.
Waterfront homes fall into several different categories, which changes market value. Here are some figures for Sales in the last 6 months, in Trigg County, that points out the differences.
S/F Waterfront homes with Private docks - 15 Units Sold, DOM = 206, Avg. Sale $=$381,093, $/sqft= $144.65
S/F Waterfront homes with Slip - 1 Unit Sold, DOM = 149, Avg. Sale $= $336,500, $/sqft = $98.85
S/F Waterfront home W/ Approvl - 1 Unit Sold, DOM = 61 Avg. Sale $= $237,000, $/sqft= $67.64
S/F Waterfront W no dockage - 5 Units Sold, DOM= 268 Avg. Sale$ = $257,900 $/sqft= 98.74
As you can see, the type of waterfront home makes a substantial difference in market value.