As of September 1, 2015 there were 1,252 residential homes on the market in the twelve Lakes Region communities covered by this report. The median price point came in at $269,900 meaning that there were 626 homes at or below that price point. That's a lot of affordable property. There were 375 homes available under $200,000. The current inventory level represents 14 month's worth of inventory based on the current sales rate.
Everyone thinks they are experts on real estate and houses. After all, everyone owns homes or lives in one, so that must make them an expert, right? So, you can tell me what a door, a window, a stair tread, or a ceiling fan is. You know that the board nailed up there around the ceiling is a crown molding and if it is in the middle of the wall it is a chair rail. You know the difference between a slider and a French door because that's very important in getting out to the back deck. But here are some terms for some common parts and pieces of a house used loosely (very loosely) in sentences. Do you know what the words really describe?
Earlier settlers walked across a bargeboard to get onto the vessel to go across the river.
John returned from the doctor, obviously still and pain and could only utter "check throat" when asked what the doctor did.
Little Johnny was adept at flying his kite and used a specially made kite winder to bring it back to the ground.
This inglenook is very dry and you can't put it in either a gablet or a goblet (hey, that's two terms in one sentence!)
I couldn't believe my eyes when I looked on the roof and saw a gray squirrel sitting on a cricket. Amazing sight!
I saw the intruder in the back yard on his haunch and all scuncheon down behind a bush. (another double)
The kids down on the farm would sometimes try to put a stick in the oxeye and then run like hell.
She loved the new French fragrance called "oeil-de-boeuf."
Rosie had fireplace cheeks and a great larder to boot... (again, two terms in one sentence! Extra points for this one!)
A bargeboard is the board used on the edge of the roof on the gable end of a house.
If you look outside on the bottom side of the window sill you may see a groove called a check throat that keeps water from reaching the exterior wall of the house.
If you have three wedge shaped stairs that make a ninety degree turn, you have a kite winder.
An Inglenook is a corner nook beside a fireplace often with a built in bench. You can't drink out of a gablet as it is a small gable at the top of a hip roof. You do know what the gable is, right?
A cricket is a pointed roof section that diverts water around some obstacle like the high side of the chimney. A squirrel can easily sit on it.
A haunch is the curved part of an arch (like over a doorway) that is bookended at the top by the peak and a molding on top of the post, column, or trim on the side of the door. A scuncheon is the reveal or trim between the inner face of the window or door and the wall.
Both an oxeye and an oeil-de-boeuf are small round windows.
Fireplace cheeks are the slanted side walls of a fireplace and we no longer use a larder because we now have refrigerators. A larder was a room constructed to keep food cool.
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 9/1/15. 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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