As the New Year begins we saw almost two hundred listings expire without selling in the twelve communities covered by the real estate market report. The inventory dropped from 952 listings available as of Dec 1, 2014 to just 761 as of January 1, 2015 with a median price point of $249,900. But this is not unusual and it happens every year. Seems like that 12/31 is a popular expiration date. The current inventory level represents a little over a nine month supply of homes to sell, but I don't expect it to stay that way long as properties are re-listed and brought back on the market.
So what's new on the market the first few days of this New Year? Here's a few nice ones to look at if you are in the market for a new home!
Just listed at 65 Washington Street in Laconia by Judy McShane of Coldwell Banker RB is a nice 1900s vintage, four bedroom, one and a half bath, 1,780 square foot colonial home. You see this style colonial throughout Laconia and this period home was extremely well built with lots of character and charm. And, this one looks pretty nice with a remodeled eat-in kitchen with stainless appliances, hardwood floors, new replacement windows on the first floor, first floor laundry, and a new coat of exterior paint in 2012. The house sits on a third acre lot with a one car garage and is within walking distance to Bond Beach. This is a solid starter home for someone and is priced at $165,900. Check it out!
Another Laconia in-town home over at 30 Holman Street also has that period charm. This 1920s vintage Dutch Colonial has 3,404 square feet of space with five...yes five bedrooms, plus an efficiency apartment in the basement, three and a half baths, a family room with fireplace, hardwood floors, formal dining room, craft room, enclosed porch and lots more. This house has been upgraded throughout the years but the original character is intact. It sits on a large .42 acre lot and has a two car garage. It is listed by Randy Annis of JG Realty at $349,000.
If you are looking for something newer in a low tax town, then check out the property at 27 Melly Lane in Moultonborough. This 1,736 square foot tri-level was built in 2006 and has three bedrooms and two full baths, and a nice kitchen with maple cabinetry, solid surface countertops, center island and stainless appliances. The large living room's focal point is a great gas fireplace with stone surround. Outside you'll find a nice back deck, a farmer's porch, and low maintenance cement board siding. Nice stuff! There's an oversize two car garage with plenty of room for a work bench. The house sits on a .51 acre lot and you have access to 46 acres of adjacent conservation land. This property is listed by Mary-Ann Schmidt of the Bean Group at $259,500. The tax bill here is only $2,100 folks!
Lastly, there is a nice 4,000 square foot, four bedroom, two and a half bath cape at 257 Cotton Hill in Gilford that may be just what you are looking for. This is clearly not a cookie-cutter cape. It has a open concept floor plan with wood clad cathedral ceilings and exposed beams in the great room, a custom kitchen with bead board cabinetry and the requisite granite counter tops, formal dining room, a first floor master suite with large walk in closet and bath with double vanity, plus a second floor den and a finished basement with exercise area. Outside, on the private 5 acre lot, you'll find an in-ground salt water pool, exquisite landscaping and perennial gardens, and a 30 x 40 foot barn style garage and workshop! Yup, room for all the toys! This property is listed by Meagan Bowen of Coldwell Banker at $579,000. Seems like it has it all. Let's go take a look!
Pease feel free to visit www.lakesregionhome.com to learn more about the Lakes Region real estate market and comment on this article and others.
Information was obtained from the NNEREN MLS system. Roy Sanborn is a realtor at Four Seasons Sotheby's International Realty and can be reached at 603-677-7012
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