Build your home on this 2.66 acre lot with wonderful wide views which include Mt. Sunapee. Just outside of the town of New London in an established neighborhood of high-end homes. Driveway is cut in. Sunny, southwestern views and a great location! Offered at $185,000. Call Marilyn Kidder, Listing Broker, at 603-526-4116, or email marilyn@cbmilestone.com for more information.
This 3 bedroom New Englander in Enfield, NH offers just that and more! Very pretty corner lot with surprising privacy. Sit out on the welcoming patio and deck area with fire pit for nightly chats. Many upgrades gives the feeling of new construction. Stay warm and cozy with wood heat or oil, or combine the two. Offered at $239,900. Visit www.NHNewEnglander.com for more photos and details. Sharon LaVigne, Listing Agent, 603-526-4116.
This one ranks among the best in New Hampshire - a crown jewel sited in one of the state's best-preserved historic neighborhoods. A stately, restored 1781 Federal with magnificent, 3.5 story barn offers serenity and privacy amidst 224+/- acres including a 13 acre parcel on Highland Lake with 680 ft. of water frontage. As you stroll along the land and groomed trails, you'll be awestruck by the beautiful stonewalls, patios and gardens. The interior is just as beautiful with rich, wide pine wood paneling, Indian shutters, gourmet kitchen and numerous fireplaces. For more photos and details, visit www.HistoricHomesteadNH.com.
Stacey Viandier, Listing Agent
603-526-4116
A robust first quarter of New Hampshire home sales was followed up by the most April transactions since 2006, according to data released the end of May by the New Hampshire Association of Realtors. The report showed a 21 percent increase in sales for April 2012 (979) compared to April 2011 (811) and an 18 percent increase in year to date sales compared to the first four months of last year, signaling that the New Hampshire housing market may be in the midst of a trend toward recovery. “We’ve seen occasional flickers over the past four or five years, but this appears to be the first real flame,” said NHAR President John Rice, a 40‐year veteran of the real estate industry and an agent with Tate & Foss Sotheby’s International Realty in Rye. “For those of us who have been looking for sustained improvement, this truly feels like a time for optimism.” Median price has yet to follow suit, down 5 percent in April 2012 ($190,000) compared to April 2011 ($199,000), but Rice reiterated that as supply and demand dictates, he expects consistent unit sales increases to ultimately predict a turnaround in price as well. “I don’t want to guess in terms of a timetable,” he said, “but if we’re not at the bottom now, I believe that we’re very close.” In terms of local markets, each of the state’s 10 counties have experienced double‐digit sales increases for the first four months combined, compared to the same period last year. April‐only sales declined in just Coos and Sullivan counties, while jumping dramatically in most others, including Grafton (44 percent), Belknap (37 percent), Rockingham (29 percent), Hillsborough (28 percent) and Merrimack (23 percent). Median price for April‐only decreased in seven of 10 counties, with the exceptions being increases in Sullivan (17 percent), Strafford (5 percent) and Carroll (3 percent). April 2012 data residentialApril 2012 data condo Source: Press Release, David Cummings, New Hampshire Association of REALTORS® Director of Communications, Concord, NH
Here's your opportunity in Sunapee, NH. A two-story, low maintenance commercial building that was built in 2007. The lower level consists of office space with a porch overlooking the Sugar River and a garage/shop. The second floor is an upscale, 2 bedroom, 2 bath apartment with a deck overlooking the river. Offered at $320,000.
Jane Snow, Listing Agent
603-526-4116
Chasing the market is when a property starts out overpriced and then the listing price is reduced, sometimes more than once, in order to attract buyers. While it was suspected that sellers of overpriced properties ultimately end up with less money, it has been scientifically proven by John R. Knight*, a Professor of Finance & Real Estate at the University of the Pacific in CA. The findings from this research indicate that, on average, properties which end up dropping their listing price take longer to sell and suffer a price discount greater than similar properties. Furthermore, bigger price changes are found to have even longer marketing times and greater price discounts.
Bottom line, the proper listing price will save sellers time and money. Testing the market, ignoring market stats and listing high, going with the agent who gives you the highest listing price, attaching emotional value vs. being realistic, etc. will ultimately cost you as a seller. If you’re looking for a REALTOR® who can help you price properly, then give me a call!
Donna Forest, 603-526-4116
*Knight, John, R. (2002). Listing Price, Time on Market, and Ultimate Selling Price: Causes and Effects of Listing Price Changes. Real Estate Economics. 30:2, 213-237.
This new listing in New London, NH fits the bill! Private, yet minutes to town, this home offers 7 bedroom and 4.5 baths. Great floor plan with 4 levels of living space means plenty of room for family and friends. Beautiful gardens and flowering shrubs. Terrific, level side yard perfect for soccer and croquet. For additional photos and information, visit www.159BirchAcres.com. Offered at $640,000. Abutting 2 acre lot behind the house is also for sale - house and additional lot offered at $750,000.
Comfortable, four bedroom cape is close to schools, shopping and the hospital, and right next door to the Outing Club Park. You can go play ball, tennis or horseshoes any time you want! Large, level yard, private rear deck and two car garage with spacious overhead storage. Offered at $243,000. Visit www.NewLondonCape.com for more photos and details.
Joan Wallen, Listing Agent
It may be on a busy road, but you'd never know it from the private, fenced backyard with extensive gardens offering a quaint outside living space. The inside is warm and cozy with wood floors and walls, exposed beams and skylights. Updated kitchen and bath. Access to two beaches on Lake Sunapee, just 4 miles to Mt. Sunapee for skiing and summer fun, and Sunapee Harbor is a short distance offering shopping and restaurants. A great buy at $115,000.
So far, it’s been a bumpy 6 years, as home prices correct themselves from the peak of 2005 (values saw double digit increases from 2000 to 2005). The median price declines we are now experiencing seem more painful because of this boom. -1.9% in 2006, -1.6% in 2007, -9.9% in 2008, -9.8% in 2009, +1.4% in 2010, -6.2% in 2011 The S&P/Case-Shiller Home Price Indices show that as of March 2012, average home prices across the U.S. are back to 2002/2003 levels. Where are we going? According to a March 2012 survey of economists, real estate experts and investment and market strategists conducted by Pulsenomics, home values are predicted to slowly rise starting 2013. -0.72% in 2012, +1.39% in 2013, +2.55% in 2014, +3.18% in 2015, +3.32% in 2016 What does all this mean? For sellers, realistic pricing is of utmost importance if you wish to sell. Price for today’s market; not what it was in 2005. For buyers, there may never be a better time to buy than this year. Call me if you want to work with a REALTOR® in the know! 603-526-4116
Donna Forest, Broker Associate