Quote:
Originally Posted by fatlazyless
It probably has both Laconia city water and city sewer which helps by a lot for adding a bedroom and a bathroom.
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Yes city water and sewer. Yes you can add a second story and it could be a 3 bedroom quite easily. We opted not to do that as it's just the two of us.
There was a larger home for sale on Christmas Island that everyone thought would sell quick. They have since taken it off the market. Although the price seemed good, the monthly expenses with taxes, condo fees, etc would have been over $1400/month not including any mortgage or other expenses. That's huge especially if you're just using it as a seasonal property.
We've also come to the conclusion that folks just don't understand the differences between many properties around the lake. Boat slips aren't free, jet ski slips aren't free, private beaches aren't free, being right on the water is not free, etc.