Meander up the paved driveway, lined with lilies, roses, ferns and hollyhocks. Pass the 28' x 38' studio that has many possible uses - space to create and sell, tradesman's workshop, yoga or music studio. Enter the lovingly maintained, soaring and light-filled great room, recently renovated with many significant upgrades. New maple floors and tiled entry downstairs and new carpet upstairs, new stainless steel appliances and double sink in kitchen with new countertops, complete interior painted throughout, new garage doors and openers. Lots of natural woodwork and windows, exposed beams, charming original bathrooms. Professionally cleaned right down to the polished windows. Attached two car garage with storage above and solar panels for net metering electricity. Unfinished basement provides even more space. Conveniently located midway between Hanover and Concord - minutes to New London, easy access off of Route 4A. This home has many possibilities for use and is ready to move right in! Offered at $359,000. Virtual Tour: https://my.matterport.com/show/?m=QKoKkS1HN6E
Anne Marie Appel, Listing Agent, 603-526-4116
The real estate market is still going strong and it continues to be a seller's market; mainly due to the lack of inventory. The NH Association of Realtors (NHAR) most recent data for the first 6 months shows the median sales price is now at $295,750, which is up 5.6% from the same time period in 2018. The volume of sales is down 3% from last year; again most likely because there are fewer homes to sell. On a more local level, there have been 88 home sales in New London, Newbury, and Sunapee combined in the first 6 months as compared to 69 sales last year. Currently the median selling price is $348,750 while in 2018 it was $350,000. Homes are selling quicker this year with an average of 90 days on market versus 141 days in 2018. While the last 2 years have seen 6+% appreciation, the projected home price gains according to some of the industry's most reliable sources range from 2.8% (NHAR) to 4.6% (Fannie Mae). Every source expects prices to continue to grow which is good news for the market. The stepest increase is through 2019 and should moderate going forward. Contact me if you want to know how the market impacts you! Donna@DonnaForest.com, 603-526-4116, www.DonnaForest.com
Figures are based on information from the Northern New England Real Estate Network, Inc. for the period 1/1/18 - 7/1/18 & 1/1/19-7/1/19
You can build your dream home on this beautiful view lot and enjoy the NH way of life! Not only a beautiful view, but a perfect location. Enjoy a walk to Newbury Harbor for a dinner at Bubba's, a swim in Lake Sunapee or just a yummy ice cream! Also a short walk to the town park at Fisher's Field and minutes to skiing at Mt. Sunapee. Land is surveyed, house site is cleared and prepped, driveway is in, current state-approved 3 bedroom septic design available, 2 rock retaining walls have been built, and it is located on a paved town-maintained road. It doesn't get much easier than this! 5.68 acres offered at $96,000.
Donna Forest, Listing Broker, 603-526-4116
This in-town (but off Main Street), spacious traditional colonial is loaded with appealiing features. The first floor offers both living and dining space, plus an office/den and guest bedroom. There are 4 bedrooms total, an office and separate family room. The kitchen has room for both cook and guests, and opens to the adjacent dining room. Double French doors open directly onoto the deck, fenced backyard and patio/grilling area. The large family room over the garage, provides lots of space for family living on the opposite end of the house, allowing for more quiet in the bedrooms. There is room for everyone to play. The location can't be beat if you would like to be able to walk to school, New London Outing Club Park, and many of the in-town attractions. Offered at $385,000. Listing Agent is related to seller.
Marilyn Kidder, Listing Broker, 605-526-4116
While 2018 seemed a bit frenzied with the activity levels this summer, it’s always good to see how the year actually ended up for perspective on the housing market. Below are some key data points comparing 2018 to 2017 for the towns of Newbury, New London & Sunapee combined.
- 183 homes sold in 2018 vs. 203 homes in 2017.
- The average days on market dropped to 106 days vs. 129 days.
- Sellers received on average 94% of their asking price (96% in 2017).
- The median selling price was $345,000 for both years.
While the state has not yet come out with their year-end report, below is their data through November
- Homes sales were down 0.8% compared to 2017
- The average days on market were the same at 61 days
- Sellers received 98% of their asking price; similar to 2017
- Prices were up 7.4% with a median selling price of $284,500 ($265,000 in 2017)
A good US economy, low unemployment rate, and low inventory of homes for sale basically sums up what we saw in 2018. Thinking of buying or selling? Contact me to work with someone who gets results and can explain how the market will impact you! 603-526-4116; www.DonnaForest.com; Donna@DonnaForest.com
Figures are based on information from the Northern New England Real Estate Network, Inc. for the period 1/1/17 - 12/31/17 & 1/1/18 – 12/31/18
Finding your dream home can feel stressful, but there’s plenty of great real estate for sale to suit nearly every buyer. Breaking down the process of buying a new home into steps isn’t only helpful, but it will help it feel manageable. Below are 10 great tips to help you go from dreaming of owning a new home to actually holding the keys.
Make a wish list and prioritize your needs
Now is the time to think about what your perfect home looks like. Unless you have a bottomless bank account, you probably won’t be able to get everything you want. Perhaps you’ve always dreamed of having a fireplace, but when it comes down to it, what you really need is a home located near good schools.Taking time to make a wish list will help you prioritize needs over wants.
Set a realistic budget
Perhaps the most stressful part of buying a home is setting a budget, yet this doesn’t need to be a daunting task. Figure out how much house you can afford by examining your current salary and debts. A mortgage payment should never be more than a third of your income, while your debt should be less than 40 percent of your income.
Hire a great real estate agent
Unless you’re an orthodontist, you probably wouldn’t attempt to fit someone with a pair of braces, right? The same theory holds true for buying real estate. Great REALTORS® will demystify the process of finding your dream home, from working within your budget to putting in a bid. In addition, it’s their job to know the market and they can help you find your perfect home, even when there’s competition from other buyers in your area.
Make a checklist
You’ve prioritized your wish list, set a realistic budget, and hired a real estate agent. Time to sit back and relax, right? Wrong! Now’s the time to make a checklist of all the things you need to consider when finding your dream house. Your list should include the priorities from your wish list. For example, how close is the house to schools and grocery stores? Does the home have a fireplace? How much does the current owner pay annually in taxes? Preparing a list of questions before you purchase your new home will make sure you don’t have questions later.
Location, location, location!
Although it might seem obvious to carefully choose where you buy a home, you’d be surprised how many people cut corners. Is it a priority for you to find real estate close to schools? Or perhaps it’s a priority to be located off a busy street to avoid noise pollution. In short, a dream home isn’t ideal at all if it’s not located in the perfect place.
Think about how you use space
A parlor is lovely, but if it’s only used a couple times a year during holidays, perhaps you’d get more bang for your buck by focusing on a home with well-used rooms. For example, if you spend a lot of time cooking, then it makes sense to buy a house with a large, well-equipped kitchen. Likewise, if you’re a freelancer, then it might behoove you look into a home that has an extra bedroom that could be converted into an office.
Would you like to renovate?
Do you take pleasure in making home repairs or would you prefer to move into a home that requires very little work to move in? Renovating a home can be a tremendous amount of fun, but it can also get expensive. Be realistic about what repairs will cost and whether you have the time and energy to get the work accomplished.
Make an offer
Making an offer on your dream house is one of the most exciting days of your life. It’s also one of the most nerve-wracking. Although the current owners could say “yes,” there is a possibility that they might decline your offer. To make your offer attractive, avoid pushing out the current owners too quickly by asking for a fast closing date. Also, don’t lowball them by offering far less than the listing price. Your real estate agent should be able to give you advice about what will make an attractive offer.
Don’t neglect the home inspection
Once your reoffer has been accepted, it’s time for a home inspection before you finalize the contract. This is the time to look deep and have a professional home inspector look at the foundation, roof, electrical wiring, heating systems, insulation and other items that are generally hidden from view. While it might be tempting to seal the deal as quickly as possible, having a home inspection can save you from expensive problems down the line.
The entire process, from browsing the real estate for sale in your area to moving into your dream home can be daunting. Once you have the keys to your new home in hand, make sure to celebrate with your loved ones for a job well done!
We've got just the home for you! This property has a lot to offer with a roomy house, airplane hangar with small airstrip, another outbuilding, and pastoral views all on 128 acres. The home has been lovingly maintained with hardly any utility expense because of the use of solar panels and a wood furnace. Enjoy privacy and tranquility with all types of outdoor activities just steps away - hiking, hunting, fishing, snowmobiling and much more. Highland Lake nearby offers a town beach and boat ramp. Come live in lovely Andover, NH! Offered at $548,500. For more information and photos visit http://tour.circlepix.com/home/DM8HKM/120-Valley-Road-Andover-NH-4713903
Jane Snow, Listing Agent, 603-526-4116
Our local housing market mirrors what is going on in NH and the U.S. The shortage of inventory has led to higher prices and fewer sales. In the combined towns of Newbury, New London, & Sunapee, from 1/1/18 to 10/1/18, a total of 135 homes sold, the average days on market was 114 days, with a median selling price of $350,000. The same time frame in 2017 saw 159 homes sold, the average days on market was 126 days, with a median selling price of $344,000.
For the state of NH through August, the median sales price was $284,000, the average days on market was 62 days, and sales prices were up 7.1% from the year before.
According to Lawrence Yun, Chief Economist for the National Assoc. of Realtors, “the most significant challenges facing the housing market stem from insufficient inventory and accompanying unsustainable home price increases.” As a result, Yun anticipates a slight drop in 2018 sales in some markets but feels home price growth will remain strong and increase about 5% nationwide. The forecast for 2019 continues along these lines with a 2% rise in inventory and 3.5% rise in home prices expected.
Bottom line, as long as buyer demand exceeds the housing supply, prices will continue to increase. Whether buying or selling, contact me to see how market conditions impact you. 603-526-4116, www.DonnaForest.com, Donna@DonnaForest.com
Figures are based on information from the Northern New England Real Estate Network, Inc. for the period 1/1/17 - 10/1/17 and 1/1/18 - 10/1/18.
This house ha been well maintained as it has been deeply loved and enjoyed over the years. Watch the sun rise over the mountain while enjoying a cup of coffee on the year-round sun porch, or relax on the brick patio overlooking the private back yard. This home offers plenty of space, stainless steel appliances, jacuzzi tub in master bath, generator hook-up, Marmoleum floors, and a Harmon pellet stove with battery backup. A portion of the back yard is fenced in for young children or pets. Offered at $364,000. For more information and photos, visit http://tour.circlepix.com/home/9YG8FD/10-Granite-Hill-Road-Wilmot-NH-4705069
Jane Snow, Listing Agent, 603-526-4116