Winnipesaukee Live

We are now in the beginning of November looking at the Sales numbers at the close of October and we are still seeing solid sales on the Waterfront even though the overall number of total residential units sold has dropped somewhat since  2005.  Ironically, as a whole, the average sales price is higher this year on average over the last two years as well.  The following sales graphs are a good visual depiction of Winnipesaukee area real estate in the last 3 years.  There are 4 sets of graphs showing: (1)all mls sales in the 8 towns that surround Winnipesaukee,  (2)non waterfront, (3)waterfront and (4)shared waterfront segments.  Please click on the graph you would like to enlarge.

#1  Total Sales Volume is down by about 20 percent so far from 2005 and total sales volume is down aproximately 17% ,however, the average sales price is actually up 12% overall.

     Total Units              Total Dollar Vol.         Total avg. $/unit

#2- Non Waterfront or water access properties

     Units sold                 Total $ Volume          Avg $ per unit

#3 Waterfront-  Still very strong and nearing another upswing

      Units Sold                Total $ Volume         Avg $ per unit

#4 Deeded Water Access and Right of Way to the water properties- Steady growth as those who cannot afford owned waterfrontage can still have private access to the lakes.

      Units Sold                Total $ Volume      Avg. $ per Unit

The outlook for the Lakes Region is great!   Many buyers are realizing that this is a great opportunity to buy and are beginning to  take advantage of the choices they have on the market as well as the current mortgage rates.  To find out the current market conditions in the Winnipesaukee region feel free to contact me at andrew@aswenson.com  

The last thing sellers typically want to do when putting their house on the market is to lay out more money.   In addition to spending more money, do they want to expose issues with the house and have their buyers beat them up on the price?  The answer is yes.  Having your home pre-inspected is a great investment.  Most buyers, if advised properly by thier buyers’ agent, will make the sale contingent on a home inspection anyway.   It is much better for any issues, small or large , to come to light up front rather than after the negotiations have taken place, the seller will not go any lower, nor the buyer any higher.  At this point, when the tension is high and you throw in a previously unknown issue, the buyer will find it very difficult to stay engaged with the property as they begin to focus on all of the blemishes rather than the reasons they wanted to buy it in the first place.  Had this issue come out ahead of time, the sellers may have already adjusted the price to compensate for it or would be more willing and have more time to work out some kind of arrangement with the buyers.  When you get to the point of selling your home you should strongly consider a pre-inspection……in the long run it is a great investment.

Winnipesaukee Estates is a beautiful Subdivision on the south side of Wolfeboro that many people have most likely driven by on their way to town, not even realizing it was there.  The design was for a total of 46 lots ranging from 1.4 to 8.6 acres in size offering privacy and community as well.  17 lots are now occupied by homeowners who are enjoying what this fantastic community has to offer.  The current owner/developer took over the subdivision in 2002 when there were only 4 homes built and has done a fantastic job of bringing activity to Winnipesaukee Estates by building and selling 13 homes in 5 years.  What is not to love about about a neighborhood located on the south side of town offering great commuting to points south yet is less than 5 minutes from the Wolfeboro town center and less that 5 minutes to Winnipesaukee Lake?  Additionally, many fine homes are already there giving value to any building that follows, it offers privacy, community, deeded access to a beautiful 31 acre pond and extremely reasonable prices as well as a developer that will work with the buyers.  Don’t let this opportunity pass.

Residential 268358 Active 00 Lot # 1 Winnipesaukee Dr Wolfeboro, New Hampshire  03894 () (12) L$276,900 Style: 1 1/2 Story , Cape , Contemporary , Walkout Lower Level Rooms: 5 Year Built: 2007 Bedrooms: 3 Color: TBD Total Baths: 2 Taxes: $ .00 Full: 2 Tax Year: 2005 3/4 Baths: 0 Assoc. Fee: $ 1/2 Baths: 0 Zoning: RES Garage Capacity: 2 Lot Acre: 3.79 Garage Type: Under Lot SqFt: 165,092 Total Fin SqFt: 1,500 Road Frontage:   Apx Fin Above Grd: 1,500 Water Frontage:   Apx Fin Below Grd:   Water Acc Type: ROW Foot Print: 52×28 Water Body Type: Pond Surveyed: Unknown Seasonal: No Water Body Name: Knights Current/Land Use: No Flood Zone: Unknown Public Rems: Great Price!! To-be-built Contemporary Cape home with open concept. 3 Bedrooms, 2 bath, 2 car garage under with room to grow. Enjoy neighborhood setting with deeded recreational easement to Knights Pond conservation area, hike, walk, fish, swim, canoe or kayak. Quick hop puts you in downtown Wolfeboro for shopping, dining and year round fun. Directions: From downtown Wolfeboro take Route 28 south make a left on first Winnipesaukee Drive, building lot on on Left.

Residential 268355 Active Lot #37 Winnipesaukee Drive Wolfeboro, New Hampshire  03894 () (12) L$421,250 Style: 1 Story , Contemporary , New Englander Rooms: 7 Year Built: 2007 Bedrooms: 3 Color: TBD Total Baths: 2 Taxes: $ .00 Full: 1 Tax Year: 2006 3/4 Baths: 1 Assoc. Fee: $225 1/2 Baths: 0 Zoning: RES Garage Capacity: 2 Lot Acre: 2.05 Garage Type: Attached Lot SqFt: 89,297 Total Fin SqFt: 2,500 Road Frontage:   Apx Fin Above Grd: 2,500 Water Frontage:   Apx Fin Below Grd:   Water Acc Type: Shared Foot Print:   Water Body Type: Pond Surveyed: Unknown Seasonal: No Water Body Name: Knights Current/Land Use: No Flood Zone: Unknown Public Rems: To-Be-Built Little Bear Island home plan. Quite community setting on the south side of Wolfeboro only a quick hop to downtown Lake Winnipesaukee. Recreational easement for conservation area, Knights Pond walk trails, fish and canoe. Live, work and play in the Lakes Region, small town living with big town amenities. Directions: From downtown Wolfeboro take Route 28 south make a left at second Winnipesaukee Drive, building lot on left, sign on property.

Residential 2602648 Active Lot #19 Winnipesaukee Drive Wolfeboro, New Hampshire  03894 () (12) L$442,550 Style: 2 Story , Contemporary , New Englander Rooms: 8 Year Built: 2007 Bedrooms: 3 Color: TBD Total Baths: 3 Taxes: $ .00 Full: 2 Tax Year: 2006 3/4 Baths: 0 Assoc. Fee: $225 1/2 Baths: 1 Zoning: Residential Garage Capacity: 2 Lot Acre: 2.37 Garage Type: Attached Lot SqFt: 103,237 Total Fin SqFt: 2,670 Road Frontage:   Apx Fin Above Grd: 2,670 Water Frontage:   Apx Fin Below Grd: 0 Water Acc Type: ROW Foot Print: Irregular Water Body Type: Pond Surveyed: Unknown Seasonal: No Water Body Name: Knights Pond Current/Land Use: No Flood Zone: Unknown Public Rems: New Contemporary Colonal is now under construction,2.37 acre wooded corner lot.Unfinished bonus room above the garage. Winnipeasaukee Estates is at the south end of Wolfeboro with easy access to Route 28 north or south. Enjoy a recreational access to Knights Pond conservation still time to chose options. NOW UNDER CONSTRUCTION! Directions: From the South: Route 28 north from Alton Circle for 8 miles. Winnipesaukee Estates on right. From the North: Route 28 south to South Wolfeboro, Winnipesaukee Estates on the left before Alton Town line. See signs.

Residential 268368 Active 00 Lot # 45 Winnipesaukee Dr Wolfeboro, New Hampshire  03894 () (12) L$455,000 Style: 2 1/2 Story , Colonial Rooms: 8 Year Built: 2007 Bedrooms: 3 Color: TBD Total Baths: 4 Taxes: $ .00 Full: 2 Tax Year: 2005 3/4 Baths: 1 Assoc. Fee: $ 1/2 Baths: 1 Zoning: RES Garage Capacity: 2 Lot Acre: 2.68 Garage Type: Under Lot SqFt: 116,740 Total Fin SqFt: 2,750 Road Frontage:   Apx Fin Above Grd: 2,750 Water Frontage:   Apx Fin Below Grd:   Water Acc Type: ROW Foot Print:   Water Body Type: Pond Surveyed: Unknown Seasonal: No Water Body Name: Knights Current/Land Use: No Flood Zone: Unknown Public Rems: To-Be-Built Colonial on 2.68 acre lot in quiet community setting on the south side of Wolfeboro and Lake Winnipesaukee. 2750 Sq Ft of living, 3 bedrooms, 3.5 baths, 2 car garage, large front porch. Recreational easement to Knights Pond conservation area: hike, walk, fish, swim, canoe or kayak. Discount on land/construction packages. Directions: From downtown Wolfeboro take Route 28 south make a left on first Winnipesaukee Drive, building lot on the right.

Residential 268365 Active 00 Lot # 39 Winnipesaukee Dr Wolfeboro, New Hampshire  03894 () (12) L$471,600 Style: 2 Story , Colonial , Contemporary , Walkout Lower Level Rooms: 9 Year Built: 2007 Bedrooms: 4 Color: TBD Total Baths: 4 Taxes: $ .00 Full: 2 Tax Year: 2005 3/4 Baths: 1 Assoc. Fee: $ 1/2 Baths: 1 Zoning: RES Garage Capacity: 2 Lot Acre: 2.16 Garage Type: Under Lot SqFt: 94,089 Total Fin SqFt: 3,050 Road Frontage:   Apx Fin Above Grd: 3,050 Water Frontage:   Apx Fin Below Grd:   Water Acc Type: ROW Foot Print:   Water Body Type: Pond Surveyed: Unknown Seasonal: No Water Body Name: Knights Current/Land Use: No Flood Zone: Unknown Public Rems: To-Be-Built home on 2.16 acre lot, Lakeshore Outpost floor plan. Quite community setting on the south side of Wolfeboro only a quick hop to downtown Lake Winnipesaukee. Recreational easement for conservation area, Knights Pond walk, fish and canoe. Small town living with big town amenities. Directions: From downtown Wolfeboro take Route 28 south make a left on first Winnipesaukee Drive, building lot on on Right.

Land 2613302 Active lot #8 Winnipesaukee Drive Wolfeboro, New Hampshire  03894 () (10) L$67,000 Type: Residential Lot Acre: 3.45 Taxes: $ .00 Lot SqFt: 150,282 Tax Year: 2005 Est Open Spc: % Current/Land Use: No Zoning: Res Permit Num:   Flood Zone: Unknown Pole Num:   Road Frontage:   Easements:   Water Frontage:   Power Co:   Water Acc Type: Owned Exposure: Water Body Type: Pond Surveyed: Unknown Water Body Name: Knights Pond Surveyed By:   Public Rems: 3.45 Acre lot located on the south side of Wolfeboro in the Subdivision of Winnipesaukee Estates. This wooded lot comes with a recreational easement to Knights Pond conservation area. Bring your builder or ours, construction guidelines in place. Live, work and play in the Lakes Region, small town living with big town amenities. Directions: Route 28 to Winnipesaukee Drive, north entrance lot on left, south entrance lot on right

Land 272955 Active 00 Lot #7 Winnipesaukee Dr Wolfeboro, New Hampshire  03894 () (12) L$74,900 Type: Residential Lot Acre: 2.80 Taxes: $ 518.00 Lot SqFt: 121,967 Tax Year: 2005 Est Open Spc: % Current/Land Use: No Zoning: RESIDENTIAL Permit Num:   Flood Zone: Unknown Pole Num:   Road Frontage:   Easements: Yes Water Frontage:   Power Co:   Water Acc Type: ROW Exposure: Water Body Type: Pond Surveyed: Unknown Water Body Name: Knights Surveyed By:   Public Rems: 2.8 Acre lot located on the south side of Wolfeboro in the subdivision of Winnipesaukee Estates. This wooded, slopping lot comes with a recreational easement to Knights Pond conservation area. Bring your builder or ours, construction guidelines in place. Live, work play in the Lakes Region, small town living with big town amenities. Directions: From downtown Wolfeboro take route 28 south, make a left on first Winnipesaukee Drive, building lot on the left.

Land 272956 Active 00 Lot #10 Winnipesaukee Dr Wolfeboro, New Hampshire  03894 () (12) L$89,900 Type: Residential Lot Acre: 3.60 Taxes: $ 543.00 Lot SqFt: 156,816 Tax Year: 2005 Est Open Spc: % Current/Land Use: No Zoning: RESIDENTIAL Permit Num:   Flood Zone: Unknown Pole Num:   Road Frontage:   Easements: Yes Water Frontage:   Power Co:   Water Acc Type: ROW Exposure: Water Body Type: Pond Surveyed: Unknown Water Body Name: Knights Surveyed By:   Public Rems: 3.6 Acre lot located on the south side of Wolfeboro in the subdivision of Winnipesaukee Estates. This wooded, slopping lot comes with a recreational easement to Knights Pond conservation area. Bring your builder or ours, construction guidelines in place. Live, work play in the Lakes Region, small town living with big town amenities. Directions: From downtown Wolfeboro take route 28 south, make a left on first Winnipesaukee Drive, building lot on the left.

Land 272957 Active 00 Lot #27 Winnipesaukee Dr Wolfeboro, New Hampshire  03894 () (12) L$128,000 Type: Residential Lot Acre: 5.97 Taxes: $ 587.00 Lot SqFt: 260,053 Tax Year: 2005 Est Open Spc: % Current/Land Use:   Zoning: RESIDENTIAL Permit Num:   Flood Zone: Unknown Pole Num:   Road Frontage:   Easements: Yes Water Frontage:   Power Co:   Water Acc Type: ROW Exposure: Water Body Type: Pond Surveyed: Unknown Water Body Name: Knights Surveyed By:   Public Rems: 5.97Acre lot located on the south side of Wolfeboro in the subdivision of Winnipesaukee Estates. This wooded, level lot comes with a recreational easement to Knights Pond conservation area. Bring your builder or ours, construction guidelines in place. Live, work play in the Lakes Region, small town living with big town amenities. Directions: From downtown Wolfeboro take route 28 south, make left on second Winnipesaukee Drive, building lot on the right.

Despite what the media is reporting about the Real Estate market as a whole, the eight towns that surround Lake Winnipesaukee are still showing solid sales numbers in the waterfront /deeded water access segments.  In both 2005 and 2006 the Winnipesaukee towns averaged about 13 waterfront sales per month and through September of 2007 we are averaging around 14.  As a resort destination, the Lakes region attracts people from all over giving us a large pool of potential buyers who realize that waterfront real estate is still very reasonable here and a good investment.  Many, including myself, feel that Winnipesaukee Lakefront homes will be on the rise again very soon and any buy on the lake right now is a good one.  Additionally, it is an area where people are moving for a lifestyle change and can retire in their dream home. 

          Waterfront Sales in the eight towns surrounding Lake Winnipesaukee 

 ***To have full information in graphs sent to you please email me at andrew@aswenson.com

Lifebridge Inc.is a non profit organization which began in 2004 that has truely made an impact on many students and families in the Lakes region.  There are several components that make this an effective organization which range from student contact within the schools to the mentoring segment where adults are trained and paired with high school students.  My brother is in charge of the mentoring segment of Lifebridge and I can vouch for the fact that he works incredibly hard to make sure that the mentor applicants are adequately prepared and paired with the right student.   The statistics are not in the favor of high school students regarding alcohol, drug use, and solid family environments.  The local high school administrators have been very inviting to Lifebridge and can see that their presence in the school has made a positive impact.  All of this takes time, money and most of all….committed people willing to invest in the lives of other people.  Please contact lifebridge if you would like to support financially or with your time.

As of April 1, 2008 the new Shoreland Protection Act will be enabled giving more stringent guidelines to property surrounding the lakes and waterways. There are several changes including a 250 foot buffer zone in which all work will require a permit (additions, tree cutting, accessory structures etc.). Currently the setback standards for primary structures is 50 feet from the reference line although towns can be either greater or less than this standard. Effective in the new standards the setback will be a minimum of 50 feet with no exception. Any tree cutting within the 50 foot buffer zone will require a chart denoting the tree inventory in each 50×50 foot area and each area must have at least 50 points per grid. Additionally, within the 150ft woodland buffer there must be no greater than 20% of the area taken up by impervious surfaces; in some cases with additional studies and restrictions a maximum of 30% may be covered. Click to view the entire Shoreline Protection Act