As of August 1 there were 1,307 residential homes on the market in the twelve communities covered by this Lakes Region real estate market report. The median asking price came in at $275,000 and there were over 400 homes under $200,000 available. This inventory level represents almost 16 months worth of inventory on the market.
Another new month and many more affordable homes have come on the market. Here are my picks for some properties you could check out if you are in the market. A new offering at 129 Belknap Mountain Road in Gilford should be a winner. This 1,200 square foot ranch built in 1968 has three bedrooms, one bath, two fireplaces, a partially finished basement, and a two car garage under. The masonry construction of this home means it is low maintenance. It sits on a 1 acre lot with great mountain views and is close to the Gilford Village. Great house, great location and a great price at $199,900.
Over in Belmont at 169 Durrell Mountain Road there's another three bedroom ranch that has been updated. You'll find a new kitchen with stainless steel appliances and lots of granite, a large walk in pantry, refinished oak floors, living room, master, and three quarter bath on the main level. In the lower level there's a family room, two bedrooms, and full bath. Out front is a great patio and a white picket fence while two driveways lead back to a 40' x 30' heated garage with overhead crane for the gear head in the family. It sits on a .46 acre level lot. This home is priced at $185,000 and is already getting lots of activity.
If beach rights are what you are looking for, the house at 6 Anthony Drive in Laconia will get you onto a nice one on Opechee. This 1978 vintage raised ranch has 1,660 square feet of living space with three bedrooms, one and a half baths, living room with a wood fireplace, laminate and tile floors, and a large finished space in the lower level perfect for an exercise room, game room, or a place for those unexpected guests that come to use the beach. Out back is a large deck for barbecuing and there's a two car garage to hold the floats and water toys. The house sits on a third acre lot and offers some seasonal lake views. This property is priced at $215,000.
If you venture up to 19 Jennifers Path in Moultonborough, you'll find a 1,386 square foot saltbox built in 1998 on a 3.5 acre lot complete with fire pit and a place to park that camper you've always wanted. This house has three bedrooms, two baths, a nice open floor plan with vaulted ceilings, a large living room with a woodstove, and a first floor master. Upstairs you'll find two guest rooms along with a full bath. There's a full walkout basement waiting for a man cave project and there are two decks for grilling and entertaining. This home is offered at $214,900 and the low taxes in Moultonborough make it pretty appealing
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.
Data compiled using the NNEREN MLS system as of 8/15/15.
Roy Sanborn is a sales associate at Four Seasons Sotheby's International Realty and can be reached at 603-677-7012.
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