“There are strange things done in the midnight sun
By the men who moil for gold;
The arctic trails have their secret tales
That would make your blood turn cold;
The Northern Lights have seen queer sights,
But the queerest they ever did see
Was that night in the marge of Lake LeBarge
I cremated Sam McGee.”
No, I didn’t cremate Sam McGee, but I did have a fairly unusual scenario involving a Nova Scotia lakefront property. I represented a seller with water frontage right off their deck. Perhaps 6’-7’ of depth of water off their very short wharf and the bonus was, not only lakefrontage, but you had an oceanfront view as well, the ocean and lake separated by a major sandbar. Hey Mr. Buyer, we have it all!
AFTER the sale, BEFORE the closing, a fierce Atlantic storm took place wherein the ocean crashed over and through the sand bar and opened up a channel between ocean and lake. There was fortunately another outlet into the ocean at the far end of the lake so other than a slight elevation of water level… no problem. NOT!! At oceans low tide the lake being at a higher elevation drained out through the opening into the ocean. Not a drop of waterfrontage left in front of my listing! You could walk on the lake bottom to the other shore in front of the property. NICE!!
Lord Thunderin…j! Well like it’s probably spring fed eh? It will come back quickly. NOT!!
Government bulldozers with large rocks and fill closed the sandbar back to normal, but still no water… I advised the other realtor after checking with my client… “Like don’t panic eh, but you remember that waterfrontage your clients bought?...” The local natives assured the lake was spring fed and would return in the fullness of time. Days passed… a few weeks passed…
The property closed at the original price, with NO waterfrontage… Now one and a half months after closing, the water level is back to normal… YEEHAW!
Whew! Just another day in real estate.
Hey Sam, at least you were warm…we weren’t even wet!!
CENTURY 21 Team One Inc.