Over 35% of 2020 homebuyers made an offer to purchase a home sight unseen

With videos and Matterport 3D tours that enable buyers to view the interior and exterior of homes it's like you are actually walking through the home. Our office is also doing one on one face-time tours giving a narrative as we walk through the home and grounds with buyers.

Out of town home buyers are searching for vacation or retirement homes but don’t have the time or ability to view homes in person they will use virtual tours to view the attributes the home and lot has to offer. The increased use of this technology, coupled with more people relocating, means the sight-unseen trend will continue in this competitive market with limited inventory.

In summary, home buyers will continue to make offers sight unseen during their search for vacation lake homes in NH 2021. Reach out to us so we can give you expert opinions on the lakes you are interested in.

You can view available lake listings on our website. www.nhlakesrealty.com 

Call Lady of the Lake Realty at 1-888-737-5550 or e-mail at info@nhlakesrealty.com or text 603-566-6608  #nhlakesrealty  

Covid Real Estate Inventory update in the NH lakes region!   January 20, 2021

January 1st year to date. New listings that have remained on the market in the last 20 days, totals below. This update covers the major 40 towns in the greater lakes region.

53 new residential and condo listings came on the market. With 29 homes returning to the market.

152 homes went under contract.

120 homes closed.

Of the total current inventory, 63 are waterfront homes and only 10 water access condos available for sale.

With low-interest rates properties are flying off the shelves faster than toilet paper did last year.

Typically towards the end of March into April as the ice recedes from the lakes new waterfront homes come on the market. Be patient but move swiftly if you find a home of interest.

Call Lady or the Lake Realty at 1-888-737-5550 or e-mail at info@nhlakesrealty.com or text 603-566-6608

New Hampshire is a great location to retire or raise a family.

No Sales Tax - No State Income Tax - No Inheritance Tax - Scroll to the bottom of the page for lakes searches 

What you should know when buying a waterfront property!

Helpful Tips to achieve your dreams - memories - investment.

1. Buying a waterfront home, it might be your primary home purchase, second home, or future retirement home. You are buying more than a lake home it is a lifestyle. 
2. Hire a Waterfront Expert! If you have a toothache you go to a dentist not to a chiropractor. Interview agents, why settle for an inexperienced agent. Ask your agent for past client testimonial lake sales and what lakes they have sold properties on. 
3. Get your financing lined up. Get a bank pre-approval letter, home equity loan or cash as an option. In this competitive market the seller wants to see your proof you can pay.  Some sellers will not even show their home unless the buyer has a bank letter in hand. 
4. What is your goal in purchasing a waterfront home? Memories! It may be a four-season home that has close proximity to ski areas and snowmobiling or a seasonal cottage for summer usage. Motorboating or a kayaking non-motoring lake. List your must-have options and start comparing homes and lakes. 
5. Buy the lake and location! You can change the home!  You can’t change the - sunsets - sandy beach - mountain views - deep water dock - fishing - non-motoring lake - privacy - proximity to attractions - shopping - restaurants. Take a day and drive-by lakes of interest. Why spend a day looking at homes when you have ruled out the area after the first showing. 
6. Talk to us about the lake that fits your lifestyle. Winnipesaukee and Squam are wonderful lakes but if you have young boaters they can easily get lost with all the islands and inlets. On a smaller lake, your whole family can view them enjoying all watersports from shore and not get lost. 
7. Research the lake, ask your agent if the lake has milfoil, average depth, lake size, general water quality rating, and if the lake has occurrences of cyanobacteria blooms.  Again buy the lake! 
8. Talk to the neighbors! 
9. Lady of the Lake Realty is familiar with shoreline rules. The in-depth rules cover tree cutting, home expansion, dock rules, swim platform rules and boating restrictions. We have or can get the answers for you. 
10. Look at the Fema maps to determine if you will need flood insurance. If in the flood zone an elevation certificate may help with insurance costs. 
11. Lake experts like Lady of the Lake Realty can offer you expert opinions on lakes. Example Belleau Lake water quality was just reduced to Eutrophic ( Worst Water Quality ) Information you need to know for future resale.  

For additional information on lake homes call Lady of the Lake Realty LLC at 1-888-737-5550 or e-mail at info@nhlakesrealty.com  or visit our website to view lake homes in New Hampshire at www.nhlakesrealty.com

Contact Carl Sack or Paula Hinckley   #nhlakesrealty

Scroll to the bottom of the page for individual lake searches. 

 

 

 

 

 

20

Zillow! Are Zestimates accurate?

Zillow covers the entire United States so they come up with values using algorithms in geographical areas to determine value. The formula they use works great for a development of cookie-cutter homes, but what happens when you throw in a mountain view or lakefront. The digital formula has some gaps.

With all the properties listed on Zillow, they also seem to be a step behind on the accuracy of listings. We get a ton of calls to view homes that are either already under contract, sold or not even on the market.

Lady of the Lake Realty is here to help you find new and active waterfront New Hampshire listings. We can take the frustration out of searching. We service the Sunapee market over to Ossipee including Squam, Winnipesaukee, Newfound, Wentworth, Winnisquam, and the smaller quality lakes in that area. Give us a call and we can help you find that dream home and also wade thru this covid maze.

Lady of the Lake Realty 

For additional information on lake homes NH 1-888-737-5550 or e-mail at info@nhlakesrealty.com or visit our website www.nhlakesrealty.com or 

Contact Carl Sack or  Paula Hinckley #nhlakesrealty 

Scroll to the bottom of the page for individual lake searches. 

 

3

 

NH Waterfront opportunities in 2021 -  Covid Pandemic 

Lady of the Lake Realty recommends starting your lake home search early but caution you to be patient. With cold snowy weather sellers typically wait until the lakes thaw out and a good spring clean-up can be made prior to listing the property. 

( client testimonials on how we help them find their dream homes ) 

We worked with Paula and Carl to find a vacation home for our family for over a year. Their emails were always full of information and they only sent things that matched our criteria. They are faster than Zillow! They had a great deal of knowledge on the area and often on the specific home. In spite of Covid they keep us informed and were able to get us in to see houses that we thought we would like. When we purchased our home on Lake Winnipesaukee they were ready with references for inspectors and contractor recommendations. We have purchased many homes in the last 36 years and they made this one the easiest one.  Ben 

We had the pleasure of working with Carl Sack and Paula Hinckley in the search for our forever lake home. They presented themselves as a team and were always available for any of our questions or concerns. They’re extremely knowledgeable about the nuances of lakefront properties which was invaluable during our purchase. They hold themselves to a higher standard and emulate professionalism in all their contacts; they are kind and genuine folks you would want to call friends. Kim

Our team has earned the Certified Luxury Home Specialist Designation and Membership in the Million Dollar Guild Society (specializing in estate quality properties) although we are equally comfortable with lake homes and cottages located on the many small and mid-sized waterbodies in our region. 

Our goal is to be meticulous, diligent, and honest, treating your purchase or sale as we would our own.  

Lady of the Lake Realty 

For additional information on lake homes  1-888-737-5550 or e-mail at info@nhlakesrealty.com or visit our website www.nhlakesrealty.com or 

Contact Carl Sack or  Paula Hinckley #nhlakesrealty 

Scroll to the bottom of the page for individual lake searches. 

 

 

In 2020 the year of Covid the greater lakes region had a surge of waterfront sales records. Many homes and cottages were bought within a day or two of being listed. I experienced many going over the asking price and a few sold sight unseen.  There were just under 850 total lakefront owned sales.  Prices ranged from the low $200,000’s to a high of $7,500,000 on Lake Sunapee. 

Lady of the Lake Realty coached our clients to winning bids on just under $20 million in sales. Luxury to affordable lakefront homes. 

If you are looking for a waterfront home on a quality lake in New Hampshire contact us for guidance to your dream home. 

Below are some sales figures for some of the popular lakes in the state. If you are looking to sell your home our website had over 462,000 sessions this year. We can put a buyer on your doorstep. 

Lake Winnipesaukee

2020: 177 plus listings closed. Prices ranged from $250,000 to $5,250,000.  

Lake Winnisquam

2020: 25 listings closed. Prices ranged from $265,000 to $1,500,000.

Lake Waukewan

2020: 11 listings closed. Prices ranged from $550,000 to $2,055,000.

Lake Opechee

2020: 1 listing closed with a selling price of $780,000

Lake Wentworth

2020: 3 listings closed Prices ranged from $1,300,000 to $2,090,000.

Merrymeeting Lake

2020: 8 listings closed Prices ranged from $470,000 to $1,805,000. 

Lake Kanasatka

2020: 2 listings closed. Priced $605,000 and $665,000.

Ossipee Lake

2020: 14 listings closed. Prices ranged from $460,000 to $1,595,000. 

Newfound Lake

2020: 13 listings closed Prices ranged from $575,000 to $2,000,000. 

Squam Lake - Little and Big Squam

2020: 10 listings closed.  Prices ranged from $565,000 to $3,480,000.

Lake Sunapee 

2020: 36 listings closed.  Prices ranged from $395,000 to $7,500,000

Pine River Pond 

2020: 11 listings closed.  Prices ranged from $310,000 to $960,000

Great East Lake 

2020: 2 listings closed.  Prices $667,000 and  $1,101,000

Northwood Lake 

2020: 10 listings closed.  Prices $175,000 to $829,000

Conway Lake

2020: 1 listing closed.  Priced $460,000 

 

Call Lady of the Lake Realty at 1-888-737-5550 or e-mail at info@nhlakesrealty.com or text 603-566-6608  #nhlakesrealty for more information. 

Visit our website to view homes on quality lakes in NH  www.nhlakesrealty.com  

Scroll to the bottom of the page for individual lake searches. 

 

Buying a COVID waterfront home? You need a coach to maneuver the options to win the offer!

You need a buyers agent/coach. With today's market of multiple offers and over-bidding there are additional ways to negotiate your offer and win your dream lake home. Lady of the Lake Realty is a winning coach.
First, All Realtors should be fair and honest with both Buyers and Sellers. But who should I work with?
Seller’s Agent: Represents the Seller and their job is to get the best price and terms for the Seller.
Buyer’s Agent: Represents the Buyer and their job is to get the best price and terms for the Buyer.
info@nhlakesrealty.com or 888-737-5550 - scroll down to view all lakes we cover. 

Scroll to the bottom of the page for individual lake searches. 

Navigating a NH Lakefront Home Purchase - COVID 19

Lakefront home inventory is at an all-time low. In the lakes region we have 77 active lake listings on September 14, 2020, only 18 are priced below $600,000. When a quality lake home is listed it typically lasts less than 2 days on the market.  

Our office covers the 42 prime towns with lakefront properties.  In a typical week we see 75 + - new listings - 134 go under contract - 86 + -  close.  Inventory is headed towards a negative figure.  

If you see a waterfront home of interest I urge you to make an appointment immediately. Plan on getting in your car within 36 hours the home is listed to have a chance of purchasing the home. 

Overall August was another record month in terms dollars spent on residential housing in New Hampshire. While the unit sales were down slightly compared with August 2019, both the $349,450 median price of those sales and the $800 million total dollar volume were the highest of any single month in the state's history. ( e-news from NH Realtors Association ) 

Call Lady of the Lake Realty at 1-888-737-5550 or e-mail at info@nhlakesrealty.com or text 603-566-6608  #nhlakesrealty for more information. 

Visit our website to view homes on quality lakes in NH  www.nhlakesrealty.com  

Scroll to the bottom of the page for individual lake searches. 

Kingswood Lake Profile, Brookfield, NH

Lakefront Monday highlights different lakes in New Hampshire. This page is sponsored by Lady of the Lake Realty in Meredith NH. If you want information on a lake e-mail us for a lake profile. You can view other available lake listings on our website. www.nhlakesrealty.com

Kingswood Lake aka Cooks Pond is 247 acres with crystal clear water.  The smallmouth bass fishing is exceptional. Motor-boating is allowed but no jet skis. If you are looking for a quiet lake Kingswood could be for you. The lake is not a destination lake as there is limited boat launch access. 

Brookfield is rural for shopping visit, Wolfeboro the Oldest Summer Resort in the United States. Wolfeboro is homes to two golf courses, a hospital, restaurants, museums, and a downtown you don’t want to miss. In town, you will also find the Cotton Valley Rail Trail.  Twelve miles of trails where you can enjoy biking, horseback riding, snowmobiling, walking, and cross country skiing.  Wakefield is about the same distance away and offers some of the best snowmobiling trails in the area.  

You will find seasonal cottages and contemporary homes around the lake. For information about Kingswood Lake homes or any lakefront homes in NH visit our website www.nhlakesrealty.com  

Call Lady of the Lake Realty at 1-888-737-5550 or e-mail at info@nhlakesrealty.com or text 603-566-6608  #nhlakesrealty  

scroll to the bottom to view all lakes. 

Goose Pond Profile, Canaan, Hanover, NH

Lakefront Monday highlights different lakes in New Hampshire. This page is sponsored by Lady of the Lake Realty in Meredith NH. If you want information on a lake e-mail us for a lake profile. You can view other available lake listings on our website. www.nhlakesrealty.com

Goose Pond is 625 acres with an average depth of 10 feet and a maximum depth of 35 feet.  Water quality is oligotrophic,  ( best ). Boating restrictions include no jet skis and the part of Goose Pond, in the town of Canaan, The Narrows, and extending 150 feet from the boating and swimming area from the northernmost point of lot 1-GS-49 and southwest to lot 1-GS-47 on the western shore shall be a no-wake area. Excellent smallmouth bass fishing in the summer months. 

A 20-30 minutes drive from the lake you will find restaurants, grocery stores and all the amenities that Hanover has to offer. Hanover is home to Dartmouth College. You will find a variety of hiking trails along with major ski resorts about a 40-minute drive from this quiet lake.

You will find seasonal cottages and contemporary homes around the lake. For information about Goose Pond call us, the shoreline has an odd setup for ownership. Visit our website at www.nhlakesrealty.com  

Call Lady of the Lake Realty at 1-888-737-5550 or e-mail at info@nhlakesrealty.com or text 603-566-6608  #nhlakesrealty