If you are looking for a great deal on a home in the Lakes Region of N.H., what is your main criteria? Is it just price or is it condition, location, features, value or... all of them combined. If the house is a steal and it doesn't meet your needs then it might not be a great deal for you, but it could be for someone else. Let's take a look at a few properties that have recently come on the market that I think could be a great deal for someone...
If you would like a home with country charm and character at what I think is a great price, check out the property at 449 NH Rt 140 in the Four Corners in Gilmanton. This home was built in 1915 and has 1,584-square-feet of living space, four bedrooms, one bath, hardwood floors, wainscoting, two fireplaces, and hand stenciled walls by renowned artist and owner David Wiggins. All the major systems have been updated including roof, septic, heating, & hot water heater. There is also a separate art studio for painting your own masterpiece. The home sits on a picturesque 3 acre lot surrounded by stone walls and conservation area. This home is priced at an even $200,000 with a tax assessment of $251,100. If you like charm, you'll like this one...
I really like the home at 40 Whipple Ave in Laconia because it is a nice neighborhood of great older homes, but it also has a one bedroom rental cottage that brings in $550 per month making this a really great deal! This charming, circa 1943, five bedroom, two bath cape style home has nice curb appeal, hardwood floors, living room with brick fireplace, a sun room, and a formal dining room that leads out to a large private deck and fenced yard. This home has an updated heating system, roof, energy efficient hot water tank, and replacement windows. This home is reasonably priced at $256,000 which is just under the assessed value of $259,800.
The home at 16 Robin Way in Meredith could be a great deal just because it is a really appealing, immaculate home with tons of features and is in a great Meredith location! This contemporary cape style home was built in 2003 and has 3,267-square-feet of living space, three bedrooms, and two and a half baths. It has a great room with cathedral ceilings, hardwood floors, brick hearth and wood stove, an eat-in kitchen with stainless appliances, a master suite, and sunroom. The walk out lower level has a family room with bar and an office. You may never leave there except to go out back where you'll find an above ground pool with a deck. There's a detached three car garage with a heated workshop. Out front is a fantastic farmer's porch that adds to the curb appeal. This house sits on a 3.6 acre lot with beach rights to Waukewan. What else do you really need? It is being offered at $379,000 and has an assessed value of $315,100.
As of May 1, 2014 there were 973 single family residential homes for sale in the twelve communities covered by this Lakes Region Real Estate Report. The median price point stood at $254,800. The inventory is up from the 845 homes available as of April 1. This represents an increase from a 9.8 month supply to an 11.5 month supply of homes on the market. There were 338 homes under the $200,000 mark ensuring that if you are looking for a great deal on a home in the Lakes Region of NH you will find one!
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 5/1/14. Roy Sanborn is a REALTOR® at Four Seasons Sotheby's International Realty and can be reached at 603-455-033