The June Winni Waterfront Sales Report
Here’s this month’s edition of the Winni Waterfront Report…There were seventeen Winnipesaukee waterfront properties sold in June 2019. The average sales price came in at $1,268,647 and the median price point stood at $1,117,000. That brings the total number of sales for the first half of this year to sixty-four at an average price of $1,498,796 and a median price of $1,062,000. That total is up a bit from the first half of 2019 when we had fifty-three sales at an average of $1,192,533.
The entry level sale for the month was at 11 Chase Island in Tuftonboro. This home is a 725 square foot chalet/A-Frame that was built in 1973. It has an open concept living and dining area, a galley kitchen, two bedrooms, and a loft sleeping area. It was billed as needing some “TLC.” There’s a large deck to sit on and enjoy the westerly views and sunsets. The cottage sits on a half-acre lot with 100’ of frontage with a seasonal dock and boat lift. The property was listed at $349,000 and went under agreement at $325,000 in just five days.
The median price point sale was at 69 Sawmill Brook Road in Alton. This 2005 vintage contemporary home has 1,875 square feet of like new living space. It has an open concept main level with a chef’s kitchen featuring stainless appliances including a Wolfe Range, granite countertops, breakfast bar, and bamboo flooring that extends throughout the first floor. The great room has a floor to ceiling wall of windows to bring in the great westerly views and sunsets and a field stone gas fireplace for chilly winter evenings. The large master suite with its own private balcony along with two guest bedrooms are on the second and third levels. For outside entertaining there is a wonderful screened in porch, large patios, and a stone walkway leading down to 100 feet of sandy bottom shore front and a u-shaped dock. There are attached and detached two car garages so there is plenty of room for all the toys. This property was listed at $1,099,000 and went under agreement above the asking price at $1,117,000 in just eight days.
The highest sale for the month was at 116 and 142 Hopewell Road in Alton. This property is an 18,547 square foot, twenty-five room, seven-bedroom, thirteen-bath estate on seven acres of land with 861’ of frontage. Also sold with the waterfront home is a post and beam barn with a 41’ x 77’ great room, two-bedroom suites, living room and kitchen. This property is the remaining half of the Bahre family compound and it goes without saying that the home and grounds are impeccable and of the highest possible quality. The home has four-bedroom suites, eight fireplaces, a gym, movie theater, paneled library, and a secret hidden room to hide your gold in. Outside is an infinity pool with a waterfall, a swim in grotto with a hot tub and bath, an amphitheater, tennis courts, sandy beaches and a two-bay stone boathouse. This home was listed originally in 2014 for a cool $24 million and went through several price reductions. It was relisted this March at $7.9 million and sold for $5.3 million.
Over on Winnisquam there were two sales in June. The property at 2 Mohawk Island and the mainland access lot at 873 Laconia Road found a new owner. The 1.2-acre island property has a charming 1920’s vintage five-bedroom cottage. It has been updated with all the modern amenities yet retains the feeling of the original lake cottage with its natural woodwork, wood ceilings, the requisite screened porch, and fireplace with a wood stove insert. This property was listed last year at $549,000, reduced this year to $499,000, and sold for $475,000. This is a beautiful place to get away from it all!
The other sale on Winnisquam was at 35 Lower Smith Road in Sanbornton. This 2,726 square foot, four-bedroom, three bath home was built in 1900 and retained many original features such as built ins and natural woodwork. It has a new roof, furnace, electrical panel, and dock. It sits on a level half acre lot with 90’ of sandy bottom frontage and broad views. The property was originally listed at $925,000, was reduced to $749,000 and sold for $751,000 after 169 days on the market.
Data compiled using the NEREN MLS system
There were 763 single family homes for sale as of June 1, 2019 in the Lakes Region communities covered by this report. The average asking price was $637,473 and the median price point was $349,900. This inventory level represents about a four-and-a-half-month supply of homes on the market.
The Lakes Region Professional Porch Sitters Chapter 603 gathered this week to celebrate the beginning of the premium porch sitting season which obviously begins on July 4th. In attendance were Dirk Davenport, Bubba Gunter, Travis D. Coletrain, Little Stevie Prestone, Ainsley Grantham, John “Leadbellie” Goode, and me.
We met at the Town Docks Restaurant in Meredith on their upper deck. It affords a great view of Meredith Bay and the sun was shining (for a change.) We all settled in to watch the coming and goings of boats, ordered some lunch, and porch crawler beverages.
I had let everyone know that the purpose of today’s meeting was to talk about some of the available porches that were currently on the market in the Lakes Region. More often then not, newer homes are being constructed with just a back deck rather than a covered or enclosed porch. The Professional Porch Sitters manual refers to decks as “Poor Boy” porches. That’s because they are less expensive than a porch with a roof. While a deck is nice, they aren’t very nice when the weather turns nasty or cold. Part of our charter is to promote and encourage the general population to use real porches. Many world problems have been solved on a porch…not so many on a deck.
I did a search on the MLS to find some porches that we could discuss and hopefully find new sitters to purchase them in order to grow our membership.
In the $100,000 to $200,000 price range the home that stood out to me was a really cute red gingerbread home with white shutters at 185 Pleasant Street in Laconia. It was built in 1845 and has four bedrooms, one and a half baths, a first-floor laundry, and a bonus room over the garage. More importantly, it has a cute wrap around porch with ornate scroll-work at the top of the columns. It is the perfect entry level home for a would-be porch sitter and has a lot of upside potential. It is offered at $180,000.
“And,” I said, “The listing agent says that there is a historical significance to this home! Jimmy Carter actually stayed here during his 1976 Presidential campaign! That’s pretty cool.”
“Do you think he might have actually sat out on the porch eating peanuts?” asked Dirk.
“Naw,” replied Leadbellie “But if he had let Billy on the campaign trail with him, Billy would have been out there drinking that famous Billy Beer and telling stories. I liked Billy a lot! He sure did cause Jimmy a lot of fits.”
In the $200,000 to $300,000 price range the listing at 15 Ridgewood Drive in Gilmanton has a great three season porch. The porch has tongue and groove pine boards, a vaulted pine ceiling, lots of windows and a skylight. While there is no heat in it, the owners just open the slider and use it year-round. Its perfect for watching TV. As a bonus, the porch is attached to a very well maintained and nicely decorated three bedroom, one and three quarter bath, raised ranch with 1,788 square feet of living space. It has granite countertops, gleaming hardwood floors, a master suite, and a great family room in the basement. It also has beach rights down at the end of the street. You won’t find anything nicer at $239,900.
“That’s a pretty nice neighborhood,” said Bubba “and it is an easy commute to Concord from there.”
“You could probably put a little direct vent stove out there just in case it really cold in the winter, but you probably don’t need it.” added Ainsley.
The $300,000 to $400,000 “porch pick” is at 114 Varney Rd in Gilmanton. This log home not only has a front screened porch with a hammock, but it also has a back “Poor Boy” deck off the master suite that is upgraded with a hot tub. This 2,313 square foot, two bedroom, one and three-quarter bath log home was built in 1997. It has cathedral ceilings, the requisite stone fireplace, a kitchen with granite countertops and stainless steel appliances, ceramic tile and wide pine floors. This log home has it all…even beach rights across the street on Crystal Lake and a mooring!
“I like log cabins! And speaking of presidents I had a Lincoln Log set when I was a kid.” mumbled Travis as he takes a bite out of his fish sandwich. He is eating all the time you know. “It’s is too bad that the cabin isn’t like really, really old and Abe Lincoln had stayed there. That would make it a really cool porch.”
“Stop thinking and take another bite of your sandwich, Travis!” Bubba replied.
In the over $400,000 category there are probably lots of cool waterfront porches that will cost an arm and a leg, but I like the porch out at 139 Kaulback Road Sanbornton. I said, “The porch on this reproduction farmhouse really will take you back to simpler times and I can just imagine sitting out there rocking away. There’s a great front porch overlooking the yard with nice scroll work and a Robin’s-egg blue bead-board ceiling. On the side is a screened porch for when the bugs are out.”
“It looks like the house is pretty darn nice, too!” added Little Stevie. “This a really great reproduction home with all the modern amenities. It’s got a nice country kitchen with stainless appliances, granite countertops, soft close cabinetry, a farmhouse sink, and look at that vintage wood burning cook stove. How cool is that! It has got four bedrooms, a living room with a fireplace, and a family room, too!”
“What I like is the two-story barn!” piped in Bubba, snickering. “It is huge with fifteen-foot-high ceilings and it has a chain hoist so we can lift up Travis when he falls down. Great place to work on stuff or have some animals especially with the fenced area out back, the run-ins, and almost fifteen acres of land. Seems like a good deal at $439,900.”
“Dirk,” I asked, “do you know why a porch ceiling is painted blue?”
“Because they didn’t have any white paint.” He replied.
“No, no,” said Bubba, “its to keep bugs from landing there ‘cause they think it’s the blue sky.”
“No. you’re both wrong.” I said. “Down South they started painting porch ceilings a light blue…more precisely called ‘Haint blue’…to keep the ‘Haints’ or ghosts away! True story…”
“I bet ol’ Jimmy Carter has a blue porch ceiling down there on his peanut farm!” surmised Leadbellie.
Data compiled using the NEREN MLS system
South Down- Long Bay Sales Report
Data compiled using the NEREN MLS system
Big Things in Small Packages
There were 141 single family residential home sales in May 2019 in the fourteen Lakes Region communities covered by this report. The average sales price came in at $447,931 and the median price point stood at $307,000. Not too bad!
What can you do in 192 Square feet? Well, hopefully, something you can live large in and save some money! This year’s building project for the Building Construction and Plumbing and Heating Classes at the Huot Technical Center was revealed Tuesday evening and it was their third tiny house. And…it already sold!!
The all new design is totally different from the previous two builds as it is more of a modern contemporary design featuring the latest in color trends with painted poplar panel and light maple paneled walls.
You enter this amazing home from the side through a beautiful four light entry door leading into the living room. There is a wall mounted table for dining (or snacking) with a large picture window above it to peruse your surroundings on the end of the home. The flooring is oak hardwood and that extends into the kitchen.
Now, this kitchen is really special with custom cabinetry with easy close drawers done in kind of a blue/gray color, a stainless-steel sink, microwave, and oven. There’s a two burner cook top and tons of cabinet space. There’s even a huge built-in, pull out spice/canned good cabinet next to the fridge. Every inch of space is used including underneath the stairs where there are built-in cabinets and a drawer for hiding your special trinkets.
And, yes! There are REAL stairs in this tiny home and that’s a big, big deal! You don’t see that very often! Instead of the usual ladder, there’s an honest to goodness real staircase leading up to an eighty square foot sleeping loft that features many built ins and a TV hook up! There are plenty of windows upstairs and down. These are Pella casement windows with tempered glass to give added protection when you are moving this home to your winter headquarters in the Keys.
The petite bathroom has a 32” x 32” shower and sink. You definitely won’t get lost in there but it fulfills all the required needs.
A mini-split system provides heat and cooling which should be very efficient as the home has spray foam insulation throughout.
The 24’ x 8’ exterior is done in red cedar “half-lap” boards with gray and black wood accents completing the contemporary style. This is truly a high-end custom abode for someone looking to live the simple life or someone who may just want a wonderful vacation get-a-way. All this can be yours for a more than reasonable price of $47,900 and you’ll also be supporting young students that are learning a new trade!
This project is part of the Lakes Region Builders and RemodelersWorkforce Development Program that is done in conjunction with the Huot Technical Center at the Laconia High School under the watchful eye of instructor Matt Towle. The goal is to get more young students interested in carpentry, plumbing, and electrical trades as a viable and extremely well-paying occupation. We certainly need more tradesman in the Lakes Region, that’s for sure!
Data compiled using the NEREN MLS system
Winni Waterfront Sales Report – May 2019
There were fifteen Winnipesaukee waterfront homes sold in May of 2019. The average sales price came in at $1,347,233 and the median sales price stood at $1,049,000. That brings us to forty-seven sales so far this year at an average of $1,577,510 compared to a total of thirty-four sales at an average price of $1,169,420 for the same period last year.
The entry level sale for the month was at 126 Scenic Drive in Gilford. This 672 square foot, log style cottage built in 2013. It has a cozy kitchen/dining/sitting room, two bedrooms, and a three-quarter bath. It has a knotty pine interior, pine flooring, a gas stove, a front porch to enjoy the amazing view, and a two-car garage. This little get-a-away sits on a .52-acre lot with75’ of frontage. The property was listed at $439,000 and sold over the asking price at $442,000 in just three days.
The median price point sale was at 91 Wentworth Cove Road in Laconia. This 1952 vintage, three-bedroom, two bath home has 3,127 square feet of living space. It has a bright open floor plan, cathedral ceilings, a wood fireplace, hardwood and tile flooring, a great room with built in wet bar, a second-floor master suite, and a two-car garage. A patio door leads out onto a large deck at the water’s edge. The home sits on a level .37-acre lot with 106’ of shore front with a sandy beach and dock. It was listed at $1,100,000 and sold for $1,049,000 in two days!
The highest sale for the month was at 68 Wagon Wheel Trail in Meredith. This spectacular 8,018 square foot, cedar shake Adirondack home was built in 2008 and has six bedrooms which are all en-suites. This home features high-quality, custom touches throughout, five fieldstone fireplaces, cherry flooring, and custom woodwork and trim. The gourmet kitchen has cherry cabinetry, granite countertops, natural stone and tile backsplashes, and a cathedral ceiling. The two-story great room on the main level is fabulous but so is the family room/game room/bar area in the lower level walkout. I am not sure where the new owners will spend most of their time, but the lower level will give the great room a run for its money as it also offers a sauna, exercise room, theater, and wine cellar! There are amazing views of the lake from everywhere inside as well as from the massive porch, the three-season porch, and the blue-stone patio with built in fire pit. The home sits on a 1.04-acre lot with 150’ of frontage and a U-Shaped dock. A four-car heated garage provides plenty of space for the land yachts and toys. This home was originally listed at $4.39 million, was reduced to $3.895 million, and sold for $3.762 million after 240 days on the market. An outstanding property!
There was one sale on Lake Winnisquam in May and that was at 36 Tucker Shore Road in Belmont. This cute four room, two-bedroom home was built in 1965 and has 785 square feet of totally renovated living space. The home features a kitchen with granite countertops and stainless-steel appliances, hardwood floors throughout, cathedral ceilings, a sleeping loft, full unfinished basement, new metal roof, and new windows. The home sits on a .27-acre lot with 140’ of frontage on the back pond with direct access to the main lake. It was listed at $365,000 and sold for $352,500 after 22 days on the market.
Data compiled using the NEREN MLS system
Bike Week Real Estate Tattoos
There were 700 single family residential homes on the market as of June 1 in the fourteen Lakes Region communities covered by this report. The average asking price was $671,637 and the median asking price came in at $358,950. If you take away the high priced waterfront offerings then you are looking at more like an average asking price of $406,044. That’s gotta make you feel a little better!
The Lakes Region Professional Porch Sitters Chapter 603 gathered earlier this week to discuss one of the most burning real estate questions that will be pondered during upcoming 2019 Laconia Motorcycle Week. That is of course; what should a real estate professional get for a tattoo?
We decided to hold the event at the Looney Bin in Laconia as this is one of the hot spots during the week. They have a great porch (more like a patio) and we figured we could get some inspiration there. In attendance were Rollie Rollins, Dirk Davenport, Bubba Gunter, Travis D. Coletrain, Little Stevie Prestone, Ainsley Gratham, Megan Bowman , and myself. Debbie Purvey from the title side of our industry also joined us to give her perspective.
After our waitress brought us a round of Porch Crawler beverages I called the meeting to order. “I want to thank you all for attending today. I know you are all very busy trying to find a house or two to list as the inventory is extremely low and the market is hot! So, we really need to keep up with national trends in marketing and apply them here in the Lakes Region to bring in more business. As you know, advertising is very expensive. One innovative thing agents across the country are doing is using their bodies as living billboards for their business though the use of real estate tattoos. But what kind of tattoo would be best and where should it be done to receive maximum exposure?”
“Well,” Dirk said. “With bike week almost here there will be dozens of tattoo artists here and we can look at what they have for samples. But, don’t you think a tattoo is kind of unprofessional? Some people don’t like people with tattoos.”
“That could be Dirk,” responded Bubba, “But if agents are doing it in other places and it’s working for them we need to consider getting some tattoos to market ourselves 24/7. Remember no one thought the internet was going to be as big as it is!”
“That’s right” Debbie chimed in. “Remember though, you can unsubscribe from Facebook but a tattoo is forever so you better get the message right the first time! The point is to get a tattoo that makes people want to talk to you about real estate.”
“Obviously, the best tattoo would be a ‘Just Sold’ sign, right?” said Travis.
“What about ‘Make an offer?’ or ‘Under Contract” in fancy letters?” asked Aisnley.
“Those might be misconstrued.” Said Little Stevie. “What about a heart with a house on it and the words ‘Home is where the heart is?’”
“That’s too sappy.” Megan said. “I think it should be high tech, like a tattoo of a QR code that will take someone to your real estate website.”
Travis placed an order of chicken wings with our waitress and said, “That’s a cool idea. Or, I could do a tattoo of our RE/MAX balloon. People would ask about that!”
“Yeah, and I bet your broker would pay for it, too. Remember tattoos are forever…you’d never be able to change companies!” said Rollie. “It would be funny to see agents with a big ‘KW’ tattooed on their forehead trying to work with those that have ‘CBRB’ on theirs!”
“So is the forehead the best place to put a tattoo?” I asked, “I know you gotta have is somewhere that it can be seen but I like to wear a hat.”
“Probably the next best place is on the neck somewhere.” said Bubba. “Anything on you bicep won’t work as your shirt will cover it, but your forearm might be OK.”
“You could do ‘Just Sold’ with one letter on each finger.” said Travis as he reached for one of his chicken wings. He thinks his best when he is eating and realized “But that might look more like a gang thing and people would run the other way…we do have to stay professional.”
“Well, all I know is that the ladies have more areas that they can use to put tattoos than us guys do. You know they get to wear dresses and all. I think they have a competitive advantage!” cried Little Stevie.
“Ha!” Megan responded quickly. “It took you all this time to figure that out? Maybe you ought to try wearing a dress sometime!”
“How do you know he doesn’t?” Bubba said with a grin.
Data compiled using the NEREN MLS system.
The South Down and Long Bay April Sales Report
Data is compiled using the NEREN MLS system.
The LRBRA Belt Sander Race
On Memorial Day we celebrate and thank all of the soldiers that have given their lives while serving our country. It also marks the beginning of our summer season. There are parades, craft fairs, and cook outs. And of course auto racing.
The Indianapolis 500 was run for the 103rd time on Sunday with over 300,000 fans in attendance. Team Penske driver Simon Pagenaud won in a Chevrolet. In NASCAR, the Coca Cola 600 was run in Charlotte in front of 100,000 fans. Martin Truex Jr. in a Toyota won the exciting race that had sixteen cautions and multiple wrecks. Both races are preceded by the traditional pomp and circumstance including military personnel, twenty one gun salutes, bands, patriot songs, and flyovers.
But before all of this, another race was held that is destined to become as big…no, perhaps even bigger than the Indy 500 or the Coca Cola 600. It was held right here in the Lakes Region. Drivers and teams from around the globe quietly made their way to Meredith on the Thursday before Memorial Day.
These seasoned professionals were headed to the Lakes Region Builders and Remodelers Association’s first annual Lakes Region Belt Sander races. It was held at the Middleton Building Supply’s newly constructed (but temporary) indoor racing facility at 157 Main St. There are no weather delays at this track; you can be assured of that. While attendance was slightly less than the Coca Cola 600 it is hoped that the addition of sky-boxes in the near future will boost attendance in the coming years. The admission was free (what do you think an Indy 500 ticket costs?) and as a bonus the fans also enjoyed a free barbecue!
Some of you may be unfamiliar with this world wide sport that is gaining much attention in the press. Two belt sanders (the kind that do-it-yourselfers use to sand their floors down) are put side by side on a thirty foot track…think of drag strip. They are plugged into extension cords and a master switch lights both machines up at the same time. They cover the track in a couple of seconds reaching blazing speeds of up to sixty miles an hour.
There are stock and modified divisions and sander owners are allowed to customize the appearance and add guide systems to keep their sander going straight (hopefully.) Of course, there is always a debate over which is the best grit sandpaper for the track conditions. There is an award for the best decorated machine. Many of the teams took this inaugural race very seriously and spent hundreds of seconds getting ready for it. Many different manufactures were represented including Craftsman, Porter Cable, Chicago Electric, Ryobi, and Makita. Mercedes and Ferrari were no shows. They were likely intimidated.
After dining on dogs and burgers, the race coordinator, Kurt Clason, uttered those most famous words in motor racing; “Gentlemen and Ladies, Click your Switches!” The huge field of a dozen or so hi-performance machines matched up in double elimination heats to determine a champion. This sport is not for the faint of heart. It is dangerous. There were lots of crashes, spins, and running out of fuel (the extension can become unplugged!) This was intense competition.
In the end it came down to two Porter Cable machines going head to head in a two out of three shoot out. The overall winner was Steve Custance of Team Custance Brothers with Paul Muckerheide of Team Granite State Hydroshield coming in second. The advertised winner’s purse of $1 million was not awarded due to lack of funds.The Sassy Sanders Team comprised of Marylena Sevigney, Patti Phelps, and Marie Degulis won the best decorated. Jeremy Doucet and the Smooth Criminals Team from Lighthouse Contracting Group won Modified Award with his confetti spitting, Nitros Oxcide induced VW…
So what’s all this got to do with real estate? Well, the Lakes Region Builders and Remodelers Association is dedicated to “promoting, protecting and preserving the home building industry as a viable economic force in the Lakes Region area.” It provides a platform for networking and learning for its members. The LRBRA puts on the annual and much anticipated Parade of Homes tour every Columbus Day weekend which showcases our area builders’ work and suppliers’ products and materials. The proceeds from this amazing tour of beautiful homes go to benefit the Workforce Development Program at the Huot Technical Center which inspires younger people to get into the trades as a profession. Pretty cool! The Huot Technical Center is currently constructing their third tiny home project under the watchful eye of Building Instructor Matt Towle. LRBRA members help plan out the build, work hand in hand with the students on all day builds, and provide aid and materials for the tiny home.
Thanks to Engraving, Awards, and Gifts for the winners’ plaques, Pella Windows and Secondwind Water Systems for the raffle prizes, and a special thanks to Middleton Building Supply for hosting the event. If you don’t have a belt sander, they probably have one they will sell you.
To learn more about The Lakes Region Builders and Remodelers Association go to www.lakesregionbuilders.com. You might want to race next year…