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What you should know when buying a waterfront property!

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 NH waterfront homes and cottages for sale - Waukewan home 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. 

 

 

 

 

 

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Zillow! Are Zestimates accurate?

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 Zillow waterfront homes for sale www.nhlakesrealty.com or 

Contact Carl Sack or  Paula Hinckley #nhlakesrealty 

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

 

3

 

Waterfront Properties in NH - The Covid Year

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 Winnipesaukee Home for Sale - During Covid 19

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. 

 

Navigating a NH Lakefront Home Purchase - COVID 19

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 ) Lake Waukewan Home for Sale - During Covid 19

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 - Waterfront homes for sale in NH

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. Located in Canaan and Hanover NH

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  

Silver Lake Profile - Tilton NH

Silver Lake Profile, Tilton, 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

Silver Lake is 202 acres with an average depth of 7 feet and a maximum depth of 23 feet. Excellent bass fishing in the summer months. There are no boating restrictions and a limited boat launch which offers a quiet lake setting.  During times of high water, the entire lake is a no-wake zone.  

 A short drive from the lake you will find restaurants, grocery stores, home depot and lowes plus 40 plus outlet stores. Gunstock ski resort is less than 35 minutes away. For that big lake experience, you can trailer to Winnisquam or Winnipesaukee in less than 15 minutes. Silver Lake in Tilton NH real estate for sale - Home on the lake

You will find seasonal cottages and contemporary homes around the lake. For information about Silver lake homes or any lakefront homes in NH 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  

Hermit Lake Profile - Sanbornton NH

Hermit Lake Profile, Sanbornton, 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

Hermit Lake is 220 acres with an average depth of 8 feet and a maximum depth of 50  feet. Excellent bass fishing all summer and thru the ice in the winter. There is a 10 hp limit for boating and a limited boat launch which offers a quiet lake setting.

Sanbornton is what you would expect a quaint New England town to look like. Your old meeting house to rustic stone walls. A short drive away in Tilton you will find restaurants, grocery stores and 40 plus outlet stores. Major ski resorts are less than 35 minutes away that include Loon, Waterville and Ragged.  For that big lake experience, you can trailer to Winnisquam, Newfound or Winnipesaukee in less than 15 minutes.  Hermit Lake Home - Waterfront homes for sale in NH

You will find seasonal cottages and contemporary homes around the lake. For information about Hermit lake homes or any lakefront homes in NH 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 

Blaisdell Lake Profile, Sutton, NH

Blaisdell Lake Profile, Sutton, 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

Blaisdell Lake is 161 acres with an average depth of 20 feet and a maximum depth of 40  feet. The lake is oligotrophic water quality ( best ). Excellent smallmouth bass fishing. Motor-boating is allowed but there is limited boat launch access offering a quiet lake setting.

Sutton is what you would expect a quaint New England town to look like.  Your old church meeting house to rustic stone walls. A short drive away you will find restaurants, grocery stores, a hospital, golf courses and Mt Sunapee Ski Area.  

You will find seasonal cottages and contemporary homes around the lake. For information about Blaisdell lake homes or any lakefront homes in NH 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  

scroll to the bottom to view all the lakes 

Province Lake Profile - Wakefield, Effingham,  NH

Province Lake Profile - Wakefield, Effingham,  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 lake profile You can view other available lake listings on our website. www.nhlakesrealty.com

Province Lake is 968 acres with a very sandy bottom and a maximum depth of 17 feet. There are no boating restrictions.  Province Lake has smallmouth and largemouth bass fishing. 

A golf course is adjacent to the lake and plenty of hiking trails are close by. Major ski resorts in North Conway are just a short drive away along with grocery stores and a hospital. North Conway is also a hub for tax-free outlet shopping. Snowmobiling is very popular in this area and you can ride from your lake house to the Canadian border. NH waterfront homes for sale - interior of a lakefront home

You will find seasonal cottages and contemporary homes around the lake. Driving along Rt 153 you will find a stretch of beach that will remind you of any sandy beach on the ocean.  For information about Province Lake homes or any lakefront homes in NH 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  

scroll down to view other lake listings