There were 54 residential home sales in February, 2014 in the twelve thriving Lakes Region communities covered in this real estate market report. The average sales price came in at $332,695 and the median price point stands at $214,500. Last February there were just 46 transactions at an average price of $268,188.
A guy walked into our office last week and I could tell right away he was extremely ill. He appeared very agitated, irritated, and almost delirious. A vein was practically bulging out of his forehead; he was perspiring and muttering somewhat incoherently. I immediately recognized that he was suffering from both Type I and Type II Cabin Fever. We see that a lot this time of year. It is almost an epidemic.
Type I Cabin Fever is probably the more common of the two types this time of year; especially after the gloomy, cold, and snowy winter we have had. Generally speaking, those afflicted suffer from moderate to severe depression, bouts of uncontrollable anger, and nightmares that you are in an Expedia commercial. This type of Cabin Fever can be treated easily by extended vacations to warmer climates and liberal amounts of alcoholic beverages. These are usually prescribed together.
Type II Cabin Fever is somewhat rarer and afflicts those with a pent up desire to get back to basics and live a simpler life in a rustic log cabin. Type II is harder and much more expensive to cure and unfortunately is not covered by the Affordable Care Act. There's a lot of anxiety associated with Type II, sometimes to the point of being totally debilitating. It can sometimes be put into remission by extended stays in the Alaskan wilderness, but generally it will come back after returning from the wilds.
The only real cure is to buy a log cabin and live in it until all of the symptoms subside. Right now there are over a dozen log cabins available in Belknap County alone ranging from as little as $134,900 all the way up to $1.15 million for those most seriously afflicted. Here are a couple of homes that might provide relief.
One cabin that looks really nice is at 296 Knox Mtn. Road in Sanbornton. This is a 2,574 square foot, high quality, four bedroom, two bath home. It has Brazilian walnut floors, custom kitchen with granite counter tops, a great room with cathedral ceilings and a gas fireplace, a finished basement, loft, and a great wrap-around porch. Built in 2007, it sits on a nicely landscaped half acre lot and is offered at $325,000. There's also an additional 62 acres of land available for $125,000 if you are extremely contagious and don't want to spread the disease.
The cabin located at 1069 Route 140 in Gilmanton also looks like a cure. It has 2,682 square feet of space, three beds, three baths, a great room with a massive stone fireplace, first floor master, eat in kitchen with silestone counter tops, lots of windows to brighten things up, and a farmer's porch. The house sits on a 5.18 acre lot with mountain views. The property is on the market for a mere $349,000 which is a lot cheaper than intensive care these days.
I was going to tell you about this nice water access log home down at 57 Loon Cove in Alton which would have provided intense therapy, but before I could finish writing this it went under agreement. This home was built in 1986 and has 1,984 square feet of living space, three bedrooms, and two baths. It has a well appointed kitchen with center-island that flows into a large dining area, the requisite great room with cathedral ceilings, skylights, floor to ceiling brick fireplace, all wood interior, game room in the basement, and a farmer's porch. This home might not be right on the water, but there is a golf cart path that leads to the lake where there is 150' of frontage and a deeded dock. The house sits on a .69 acre landscaped lot. It was listed at $328,000. While your cabin fever might still be raging, at least one other person is cured. That's what we realtors do: cure people...
Please feel free to visit www.lakesregionhome.com to learn more about the Lakes Region real estate market and comment on this article and others. Data was compiled using the Northern New England Real Estate MLS System as of 2/1/14. Roy Sanborn is a realtor at Four Seasons Sotheby's International Realty and can be reached at 603-455-0335.