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King George
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The exception proves the rule. |
Reductio
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Call it whatever you like
Less than 75' from my property is a lot with a house on it. The town has assessed the LAND at $100,000. The lake is not easily seen from this lot. My lot, less that 75' away has a "view" of the lake, somewhat obstructed, but a view nonetheless. My little lot, land only, about the same size as the aformentioned lot is assessed by the Town of Meredith for $200,000.
View tax? You tell me. |
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Abatement
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I was able to come up with 4 comps to illustrate my point. I applied for an abatement and pointed out that with a required 25 foot sideline setback, a large portion of my land was virtually unbuildable. I also pointed out that the other lots were closer to level than mine. They agreed and my assessed land value was dropped by about $100,000. If you take the time to do the homework and present a reasonable argument (without arguing) :) the system works. |
me too
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Couldn't be happier with the island decision, and waking up last Saturday morning and looking out across the frozen expanse... spectacular!!! Don't let go of the dream... they really can come true!! -PIG |
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Sounds like you use the home in the winter some? Do you hike out, snowmobile, drive? |
Assessors
The value of a property to me (in my very limited sensibility, as claimed by certain posters) is the value that it sold for. So, if you bought a property for $100K, that is the value you should be taxed on the first year, then every year after the cost of living is added on. There are/were states that did that. Which they are, I leave to your own personal googling ability, so as not to start more nit picking controversies. Assessors just guess and base it on some arbitrary/argued formulas that aren't fair.
My neighbors house is on the market for an obscene value. If it sells, my taxes will go up, why? I don't even live on an island ! :emb: |
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In the end your assessment is supposed to be tied to the real market value of your property. A house on the water or with a view of the water will usually have a higher market value.... A house with a breakwater will have more value than a house without one.
I bought my house in Alton after it sat on the market for 2 years for under the appraised value. I called the tax office and they adjusted the tax value to something close to what I paid. |
Back to "Island Living"'. For a home on an island without electricity, is a propane generator and/or solar panels the best bet? A few lights are one thing,but got to assume a fridge is going to require some solid power. Probably other things that suck power i'm not thinking of. For instance, how would you get wi-fi for to track weather, etc?
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Most people use propane powered fridges...
You can also look at a generator that charges a set of batteries that in turn produce 120v ac power through an inverter. You can also connect some solar panels to the system as well if you have a good south exposure. This way you only have to run a generator a few hours a day. When I was looking at a place on Diamond a couple years back, the cost was going to be around 10k. I must say I'm glad I ended up on an island with power. There are enough complications with island living without having to constantly nurse a power system. I also worried about the noise factor of living on an island with a lot of generators. |
options
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Island Living!
Mike, when it's time to actually go out and look at island properties, I highly recommend that you give Nancy DePorter of Keller Williams Lakes and Mountains Realty a call. 603-498-3573 Nancy is absolutely wonderful and is a knowledgable islander and is a well seasoned boater. Tell her that RG sent ya! We listed our place with her last season and will relist with her as soon as the camp is ready at ice-out.
(There have been some major life events in our family over the past year plus, which made us reevaluatie our life's goals and dreams - it's time for us to do some traveling. I do know that letting go isn't going to be easy... You can take the gal off the island, but you could never take the island out of this Gal. Lake Winnipesaukee will always be in my heart and soul. Sniff!) Having a place on The Broads has been nothing short of amazing!!! Clean water, wide open spaces and in our case, a super private and deep dock spot. We loved every second of our time spent at here and know that the next family will make life long treasured memories too. Just to add a little bit more information, not all properties Broads side need a breakwater. We purchased our place that has a u-shaped dock back in 2003. We immediately put in oversized (for our 21' boat) whips and have never, ever had an issue of any kind... In any weather. In our case, there is a jog in the island just where our lot starts, which does act as a deflector of sorts for the waves. I certainly would not leave our boat out there in a hurricane, but otherwise, there is no weather that I would not feel comfortable out there in. Last year we only used the whips once. The rest of the time a super large bumper at the bow on the shore side and a snubber at the stern was absolutely adequate. Best of luck to you and your family, RidgeRunner31! I hope that you find your piece of Lake Winnipesaukee heaven! If you ever would like to talk island living, please feel free to PM me for my number. R-Guy and I have gained a lot of lake/island knowledge over these past thirteen years and would love to share what we've learned with you. Sincerely, Celia |
Oh RG, so sorry to hear you are leaving us!
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R-Guy & I
Thanks, Tis! We are leaving the island, but as of yet, we are not leaving the lake. So many lake options yet to consider, possibly with the new to us travel trailer.
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Oh ok. I can imagine it is hard enough to sell the cottage but to leave the lake too??? Glad you will still be visiting.
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Gonna miss ya
RG
Sad to hear you are leaving the island. Good luck in the future and let know where you end up. |
what's this news?!?!
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Think Spring!! -PIG |
Wow !!!!!
RG, I just saw your post and I am speechless ..... so sorry to hear that you're leaving the island. You were the very first person that I met when we bought our place on the island in fall 2011. You were kayaking by and stopped by to introduce yourself and say "hi" .... we had a great conversation that afternoon! My best wishes go out to you guys in life's next chapter!!
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Sad to hear
Celia,
I am sad to hear that you are leaving the island. I hope you will still be visiting the lake. Keep us informed of your travels and God bless. You and R-Guy have been a very big part of this forum family. ToW |
Thanks and KW Lakes and Mountains
Thanks everyone one for the well wishes. I sincerely appreciate them and plan on remaining an active member here on the Forum. :D
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If anyone here on the Forum is considering listing a lake property, give Nancy a call and set up an interview. I think that you will be impressed too. She was/is a pleasure to deal with and really pays attention to details. In addition to selling the camp, we also listed our Hollis property last August. The difference between Nancy and our agent down here was night and day. Nancy sets up your listing and then sends you the link to proof read it and to get your input on any changes that you would like to make before it goes live. (Our agent here just plowed forward with a less than perfect listing and it was like pulling teeth for many days, with threats, to get changes made.) Nancy and Doug have a professional photographer they use for the listing photos. You may not think this a big deal, but it is! (I had to retake each and every picture for our Hollis listing!) Nancy and Doug do not put a lock box on your door. They believe in truly representing their clients by attending each and every showing. If you are considering an island purchase this spring, I wish you the best of luck. I do have more input on buying and living on an island property. My iPad acted up and I lost my post. I will re-do it shortly. Keller Williams Lakes and Mountains Realty a call. 603-498-3573 |
RG very sorry to hear that you are leaving. I hope that no matter wherever your travels may take you; that you stay on here at the forum and share tales of your trips with us all.
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First, I hope you enjoy your future travels and I wish you the best of luck!! Second, I actually started working with Nancy this past fall and you are 100% correct! She is very knowledgeable and passionate about her work. I feel like she really enjoys helping people find that special island property. I'm really glad we decided to go with her! I have talked to another forum member that lives on The Broads and they love it as well. You can't beat the view that's for sure. Thank you giving me the option to PM you as well if I have any questions. Thanks! Mike |
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This past fall I came across some older threads and noticed you had some very nice things to say about Nancy. Your comments were one of the reasons my wife and I decided to work with her!! |
Island Related Thoughts
Some camps/cottages have alternative septic systems. If you find one with an electric toilet... Run away!!! Just kidding. Plan on replacing it early on. Here is a post from another thread on the subject:
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If the property that you are considering has a composting unit, be sure it is large enough to handle your family's needs. If it's too small, consider an upgrade. The composting units are very easy to maintain and on the upside, you don't need to hire a barge to bring a pump truck to the island. |
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Good luck! |
Just bought on Rattlesnake
I have been eagerly reading this thread, soaking up all the advice and half-afraid to read something I hadn't thought of before! My husband and I just closed on a house on the west side of Rattlesnake and we are dying to get out there. We looked at the house just once in August, and the incinolet almost scared us off. We have a new septic system being installed shortly after ice-out. Reading the play-by-play of the Incinolet above does much to bolster my confidence I having made the decision for the new septic!
We are excited about our new adventure, and an "adventure" it will be as we try to figure out how to hook up the water and navigate all the inevitable challenges of which we are not yet aware. We have only spent one week on an island last August, but it was enough to get us hooked on island living. I am looking forward to meeting our neighbors! Best, Beth |
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Welcome Beth...
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For your grandchilderen
We are now into the fourth generation of island living. The one thing we are missing is a written history. I hope you will keep a journal and related pictures of EVERYTHING. When previous generations started, nobody knew how historic this island stuff could be.
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Agree with Descant
Thanks for mentioning that- keeping an island log/history. Our family log dates to 1879 when forebears would stay on Camp Island. They finally bought in 1912 in the Forties. Some pretty interesting tales survive not to mention the sense of continuity... priceless.
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Hopefully, you (and/or your husband) are handy with tools and the like. It's kind of mandatory on the Island :) Putting the water in usually isn't too bad. Some setups are a lot easier than others - it depends on how yours is constructed. Priming the pump is usually the biggest problem I face, not having a self priming pump. Do you know anything about the water setup? The addition of a septic will certainly ease your Island life quite a bit !! Things will feel almost "normal" :rolleye2: That section of the Island where your place is located is generally somewhat protected from the heaviest winds unless they're coming in from the South or close to it - and usually (but not always) those winds are not nearly as strong as the winds that hit us from a Westerly direction. Give a shout (or a PM) if you get stuck with something or need help or another set of eyes or just want to say "hello". We hike the trails a lot and often go end-to-end, so we're up behind your place when hiking over to Washington Point. Regards, Steve (AKA IslandRadio) |
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I wield a mean paint brush, but apart from that, the best I can offer is that I take direction well. My husband, Todd, on the other hand, is great with tools, despite being an English professor. He's handy with home improvement and boats / engines and isn't afraid to tackle projects and figure things out. We know absolutely nothing about the water set-up, but I'm glad to hear you say it isn't too bad! We will just have to wait and see on a lot of it, but we are eager to get to work. Looking forward to meeting you! Beth |
Ok sounds good! If the ice ever melts, that is :rolleye2:
The first year on the Island was the earliest ice out in history (at that time) - March 24th, and it was a beautiful, warm summer too ! Two years later we had March 23rd for ice out.... No such luck this year but maybe we'll get a nice April warm up! |
Welcome
Hey Goldfly
Welcome to Rattlesnake. I am farther down the island. Don't let the Incinolet scare you off until you get the septic installed. I have been running two of them for years. One in our camp and one in our old outhouse. We have a family of eight-- sure it requires maintenance but does the job. Use it until you get you septic settled and when you are done let me know if you want to get rid of it!! With a family of eight we could always use a spare!:laugh::laugh: |
Diamond island
Does Diamond have an interior walking trail?
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Buying an island property
Hello,
I already have a home on the lake, but I'm trying to help a friend who is considering buying an island home. Anyone know if the mortgage process is different? And if he wanted one loan to cover buying home, boat, and upgrading home, can that be done with one loan versus two or three different loans? For an "easy math" instance, home price of $300k, $50k for boat, and $50k for improvements. Do you think he can get one mortgage for $400k? |
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