Come enjoy this sun-drenched Fisher's Bay home with 3 bedrooms and 2 full baths. The central living room features a vaulted wood-beamed ceiling, stone hearth fireplace, and plenty of room for lounging. An efficiently designed kitchen offers ample storage and counter space. Built for a casual lifestyle, spend summer evenings relaxing on the screen porch. Enjoy the unique water-access amenities of this Lake Sunapee community including a boat slip, sandy beach and swim area, tennis courts, club house by the beach with deck, picnic tables and community grill. Minutes to skiing at Mt. Sunapee Ski Resort for winter and summer fun. Make every day seem like a vacation! Offered at $475,000. For more photos and details, visit www.VacationHomeSunapeeNH.com
Donna Forest, Listing Broker, 603-526-4116
Known for service, trusted for results – Coldwell Banker Milestone Real Estate.
Despite the growing evidence the real estate market is on the upswing, within one week I heard about two sales in our office coming in with low appraisals. Any time a lender is used in the purchase, it involves an appraisal. The appraisal is how the lender ensures the size of the loan doesn't exceed the value of the house used for collateral. Before throwing in the towel, here are some moves that may keep the sale alive.
- Buyer requests a review of the appraisal or a second appraisal. This is a long shot as the lender will need a compelling reason to doubt the appraisal. It's worth combing through the appraisal for any missing information on upgrades, updated systems, added rooms, etc. Make sure the comps used match the property.
- Seller and buyer split the difference - buyer adds cash and seller reduces the price.
- Buyer makes up the difference if they have enough cash on hand.
- Seller reduces the purchase price to meet the appraised value.
It's a difficult and trying time. Assess the facts, leave emotions aside and listen to your agent's advice. Contact me if you want to work with a REALTOR® who knows how to problem solve your way to success. 603-526-4116, donna@donnaforest.com, www.donnaforest.com
Bright and cheery, large second story apartment with two bedrooms, two baths, interior garage and storage unit. Large living room and deck. Fee of $984/month includes heat, cable, hot water, plowing, sewer, landscaping, trash removal, water and local transportation. One time buy-in fee of $2,952. For more photos and details, visit http://tour.circlepix.com/home/6GUH8H. Offered at $179,500.
Emily Campbell, Listing Agent, 603-526-4116
Teamwork from the Team that works – Coldwell Banker Milestone Real Estate.
Immaculate antique cape with major renovations including a new kitchen, master suite addition, new windows and numerous upgrades. Historic charm in Sunapee village with town water and sewer. Walk to Sunapee Harbor and ski at Mt. Sunapee in ten minutes! For more photos and details, visit http://tour.circlepix.com/home/Z9H2NN. Offered at $330,000.
Anne Marie Appel, Listing Agent, 603-526-4116
Known for service, trusted for results – Coldwell Banker Milestone Real Estate.
A robust month of sales in March capped a strong first quarter in the New Hampshire residential housing market. Unit sales saw a 6 percent increase for the month this year, compared to March 2014, while median price was ahead by nearly 8 percent. The $226,000 median price for residential sales was the highest in any March since 2008. The March gains completed a first quarter that had unit sales ahead of the 2014 pace by just over 2 percent, and the first quarter median price, at $225,000, was a better than 6 percent gain over last year. “It’s definitely heating up again,” said New Hampshire REALTORS President Maxine Goodhue, a broker with Bean Group in Bedford and an 18-year veteran of the real estate industry. “More and more, we’re hearing the stories of multiple offers, five or six showings the day after a property is listed – all those anecdotal indicators of an increasingly busy real estate market.” The one area of concern in recent months had been a lack of residential housing inventory, and March saw another decrease – by nearly 12 percent – in the number of homes for sale. The months’ supply of residential inventory – meaning the number of months it would take to sell off the current inventory at the average pace of sales for the previous year – in March reached 7.5 months’ supply, nearly a 13 percent drop from March 2014. Condominiums are even more scarce, at 6.4 months’ supply in March, a 16 percent decline from a year ago. But Goodhue said she doesn’t expect that trend to continue. “Even after a normal winter, this is typically the time of year when the inventory starts to replenish,” Goodhue said. “I’d expect that to be even more so this spring, considering the winter we just had and also what’s happening with prices. I think prospective sellers probably see opportunity in the market right now.” Locally, seven of 10 New Hampshire counties saw residential unit sales increases in the first quarter of 2015 compared to 2014, while eight of 10 saw an increased median sales price. Source: Press Release, Dave Cummings NHAR Director of Communications
We are happy to announce a new addition to our office! Please help us welcome Anne Marie to "The Best Team in town!" Fifteen years of living in this beautiful area has only increased my love of our Sunapee Kearsarge Region. Please allow me to assist you with your real estate needs - whether you're interested in buying a new home or selling your existing home. I am excited to be a part of the Coldwell Banker Milestone Team and can't wait to put my enthusiasm here to work for you! You can reach me at 603-526-4116, annemarie@cbmilestone.com, www.MyNHLife.com, or cell 603-454-7019
Teamwork from the Team that works – Coldwell Banker Milestone Real Estate.
First impressions count! I’ve seen buyers pull up to a house and refuse to go in because the outside held no appeal. The exterior of your home should serve as a snapshot of what buyers will see when they go inside. Here are 7 affordable ways to spruce up your curb appeal:
- Redo the front door with fresh paint and new hardware.
- Replace old exterior light fixtures.
- Patch and reseal the driveway.
- Trim trees and bushes.
- Wash dirt off sidewalks, driveways, decks, etc.
- Lay mulch down for a fresh appearance to landscaping.
- Plant flowers along the walkway/place container plants by front door.
These simple but effective steps will go a long way to improving curb appeal. Contact me if you would like expert advice on getting your home ready to sell. donna@donnaforest.com, www.donnaforest.com, 603-526-4116
Take a look at this attractive 3 bedroom ranch on a great private 3.32 acre lot with views. Less than 4 miles to Mt. Sunapee for year-round enjoyment. A short drive to Sunapee Harbor for summer fun activities, including free music entertainment or grab an ice cream on a hot day. The basement is currently set up as in-law quarters. Detached, oversized garage with a workshop above. Offered at $259,000. Visit http://www.circlepix.com/home/AN8GHY for more photos and details.
Jane Snow, Listing Agent, 603-526-4116
Was this winter just one storm too many? Looking for an easier lifestyle? Maybe it's time to enjoy life at Hilltop Place in this spacious and sunny 3 bedroom condo where all the maintenance is done for you. Large carpeted living room with fireplace, ample dining room space and a backyard woodland view will make you feel right at home. Master bedroom offers a private balcony with a nicely done master bath plus there are two more ample-sized bedrooms. Walk in to a handy mudroom; perfect for shedding coats and wet shoes. A handful of steps brings you to all one floor living. Isn't it time you take comfort in condo living? For more details and photos, visit www.CondoinNewLondonNH.com. Offered at $129,000.
Donna Forest, Listing Broker, 603-526-4116
Known for service, trusted for results – Coldwell Banker Milestone Real Estate.
The housing market seems to reflect what hardy stock we New Englanders are! Despite all the snow and freezing weather, home sales are up from last year. In the 9 area towns from 1/1/ to 3/30/15, 53 homes sold with a median selling price of $223,000 as compared to the same time period in 2014 where 39 homes sold with a median selling price of $208,500. This follows a national trend as pending home sales showed solid gains driven by an improving labor market, mortgage rates hovering around 4%, and more renters entering the market due to increasing rents, according to Lawrence Yun, National Association of REALTORS® chief economist. Statewide, prices have also increased; mainly due to the lack of inventory. February reached a more than 10-year low, at 7 months supply. Our area also has limited supply at the moment. For example, Sunapee currently has 46 homes for sale. Given that 56 homes sold in 2014, right now there are not enough homes to fulfill buyer demand. I think we can now be optimistic about our spring market with the expectation of slightly higher increases in prices and sales! Contact me if you want to find out how the market has impacted your home value. 603-526-4116, donna@donnaforest.com, www.donnaforest.com. Figures are based on information from the Northern New England Real Estate Network, Inc. for the period 1/1/15 thru 3/30/15 and 1/1/14 thru 3/30/14.
You’ll be moving in the right direction with Coldwell Banker Milestone Real Estate.