Here's an interesting listing for sale in Meredith.
63 Pinnacle Park, Meredith NH 03253: built in 1945, a two-story ranch with yellow vinyl shingles. Situated on a 0.21 acre lot on Meredith Bay, facing west into the setting sun and directly across the bay from Grouse Point, w/ a very nice sandy waterfront area & year round, deep water dock. Located between two much more expensive and newer waterfront homes. A possible teardown here. Assessed for $712,100,
www.visionappraisal.com ,and has been on the market all summer with an asking price of $599,000.
This house is very close to the water, as close as 20', which means a new house could be built on the old footprint, and a 20' setback is way closer than the the NH DES 60' setback requirement.
So, if the assessement is $712,100 as of 6/24/08, then why....O...why is the asking price 599.000?