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#1 |
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Hi All,
It has been interesting to follow the residential construction that has gone on in the lakes region since the beginning of the pandemic. It seems there is an increased demand for residential real estate in the lakes region and developments are finally starting to come online to meet some of that demand. I figured it would be interesting to compile those developments in one thread to get a sense of the number of new units the region is looking at in the coming year. What is everyone seeing out there? If you know of any developments not included in the list below please share and we can add to the list. Here are a few developments I have come across. Lakeside at Paugus Bay (Laconia): 32 high end condo units to be sold. Construction currently underway and it appears many are already under agreement. Turner Way (Laconia): 5+ house lots have been cleared and construction started on a handful of these single family homes Laconia downtown - old holy trinity school (Laconia): 14 1-2 bedroom market rate apartment units. Planning under way - construction to start soon Laconia downtown - colonial theater 8-10 market rate apartments / condos. Currently under construction Lilac valley estates (Laconia): 37 single family houses built recently, 35 additional in process so 72+ total. I believe these are all being held as single family rental units. Brook Hill condos (route 3 Meredith): 70 new condo units currently under construction. Seems prices are currently in the 400-500k. Sterling Dr. (Laconia): They have built 6+ houses in this development this year. Plenty more house lots available but it appears they are building as the lots go under agreement. I am in the Laconia / Meredith area hence the developments listed above are centered around there. Just based on the projects above there are 200+ new units coming online. But it seems the region certainly could use them based on the lack of rentals / housing inventory currently available. Does anyone else know of any interesting new construction going on in the lakes region to add to the list? |
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#2 |
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Meredith Bay will have roughly 1/2 of it's 129 lots remaining for new home builds
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#3 |
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Sandy Point Condo conversion?
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#4 |
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Has sandy point sale closed? last I heard there was some interest but the sale hadn't closed / no formal plans submitted?
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#5 | |
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Any word on the timing of the Meredith bay condo units and if/when construction will start? I believe they have approval to put up the final 72 units? Majority of the resale condo's at MB that were listed in the past 2 years seem to be selling north of ask.. so the demand seems to be there at least in the current market. |
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#6 |
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Any one else notice the crappy materials they are using on the new construction, and the shoddy workmanship even on the most expensive of homes.
Garbage like zipboards and such, and then go look at the framing work, half the nails shot but the guys dont hit the board on the other side,,, Good luck to people who buy them 20 years down the road, there will likely be lots of rebuilding going on. |
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#7 | |
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#8 |
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I guess thats my point, most of these people are NOT getting what they think they are paying for.
You shop around for a reputable builder and pay a fortune to get what you think is good quality, only to find too many builders use low cost materials and pocket the savings. Most of these people wont own the homes 10 years down the road when the problems start popping up, its the second and third owners that find out their OSB/Zipboard doesnt hold nails well, or is swelling from water intrusion, or the frame is buckling or floor lifting or roof flexing because the kids with nail guns only landed every 5th nail into something on the other side. When we built our house 7ish years ago and I talked to several builders about materials, some wouldn't even discuss what they used, and the few that did were not interested in what you wanted (for example choosing actual plywood over OSB for sub-floors or exterior walls and roof). I was ultimately able to build our home with the materials I wanted and the cost difference was not significant to upgrade to better materials/windows/etc but the builder questioned me every time I asked for an upgrade as if it was just a waste of money to upgrade. In the end I got what I wanted, but only because I knew what to ask for. Most people not familiar with the business and materials do not get what they think they are paying for when they build an expensive home and expect it to include top shelf materials, unless they specify those materials and make sure there are no substitutes. |
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#9 | |
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#10 | |
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#11 |
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Its not a good situation. I guess the only consolation is most of the homes we are talking about will be owned by very well off people and if anyone can afford to rebuild them in the future when they start falling apart, it will we the folks with deep pockets.
Its not right, but I guess its just how the world works. |
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#12 | |
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#13 |
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And materials change dramatically from year-to-year.
A ''reputable'' builder is not always a ''certified'' builder, so they may not be using the newest information on when to use a material or how to properly apply it. I can name a couple dozen contractors that will build you a TREX deck. I can only name one that is ''certified'' to do so. Just to sell the material is hours of classes each year. Some salespeople will take the classes, some won't... some will pay attention, others won't. Any sort of ''engineered'' product gets re-engineered over time. How up-to-date is the builder and their team? |
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#14 |
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There are lots of excellent builders around the lake who build great houses with the best materials and don't take shortcuts. But it is hard for the average person to know, money or not.
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#15 | |
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#16 | |
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I love seeing multi-million dollar homes made with OSB and zip-board, you know it will be guaranteed work for contractors in the future. And I dont even want to spend any effort debating the horrible smell and potential health impact those materials have on full time occupants,,, For all the fuss about getting VOC's out of things like floor poly, they were for the most part fast drying and not a problem a few weeks later, but OSB and other engineered products off-gas at a lower level for a much longer time. I can go into most newer homes and still smell OSB and new carpet sometimes 2 years later,,, New tech is not always better,,, |
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#17 | |
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They see it used on programs like TOH, not realizing that the representative is there behind the camera, and that the builder then places another material over the zip... like a Homeslicker or CedarBreather before applying siding/roofing. I've seen people try to use Hydrogap, or a similar product, over it... but that can trap vapor between the layers... and in our frost/thaw environment, not good. People that get continuing education generally learn of the failures and suggested fixes to the problem... others just keep doing it as they always have... and that may be good enough to cover the length of their warranty period... but not the most up-to-date solution. |
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#18 |
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Many of the old camps around the lakes weren't exactly quality built either.
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#19 |
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#20 |
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#21 | |
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It loads the framing with almost 50% greater weight, it off-gasses horrible smelling fumes, its less tolerant of installer errors, and so on,,, But again, it fuels the economy so someone wins. I personally wouldnt use it on my shed, but if someone else whats to use it or settle for it on their home it has no impact on me so best of luck and as someone selling product, I doubt it makes any difference to you what product they buy. If they buy one that fails 10 years down the road, you get to sell them the replacement, so again, its good for the economy. Not too much more to say about it, and as previously stated, some engineered products are truly all we hope them to be. |
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#22 |
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Zip cost more than plywood. 7/16 Zip is about $30, while 15/32 CDX is $26.40
Doing the job less expensive would be 7/16 OSB ($15.60) with a separate WRB based on siding choice. And the oldest camps/cottages around here are built siding on stud with wind bracing. |
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#23 | |
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That said, if you only look at the cost of the sheathing you fail to take into account the cost of the Tyvek and the labor to install it. Builders are not using zip board because its better. Construction is a complex business and unfortunately far too many people do not get what they paid for and fly by night contractors take the money and run. Hard to find home builders who have been in business for 20+ years under the same name and not been through several big law suits. Even less so for their subs like framing teams, they seem to come and go like used car lots. |
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#24 |
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While there are always arguments on each side about building products some people over react and get sucked into believing others opinions just because they heard it from a “reputable builder”. I agree with Mr. Mercer. This summer Zip was more than ply sheathing. Is it better or worse than plywood…time will tell. Everyone always jumped on OSB. Was it as good as plywood, no but I can say I built my house in Rowley back in 1994 and it was sheathed with OSB. I stripped and resided it back in 2015 and the OSB looked like it did when it was hung and had no issues right up through last falls sale of that home.
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#25 | |
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Smaller homes with higher grades of construction in both materials and labor are just not currently in-demand. It would be like having lake front property where the house is set too far back to be open and well seen by the lake. If the people on the lake can't see the house, the people in the house can't readily see the lake... they would need to go outside and walk down to the shore... not in-demand. One of the Zip products that I am looking at is the R Zip. They are looking to change the building code to require insulation beyond the studs to create a thermal break. Around window and doors this would be a ThermalBuck... they have a complete system that we are currently comparing to the R Zip that is on our buildings. We don't have an answer for customers yet... but we researching the systems. If that becomes code, it will be a big change for most of us. |
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#26 | |
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#27 | |
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#28 | |
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I never like seeing nonsense like this, but I guess in the end its buyer beware, not other common sense protections exist against paying top dollar and being sold crap,,, |
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#29 | |
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#30 | |
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Must be a unique segment of our society. Most of the people I know with that kind of cash, sit on boards as directors running good businesses into the ground and/or have executive positions were they never did an honest days work in their life. But I suppose its possible some owners of $10M+ summer homes that they dont make much use of actually did an honest days work in their lifetime. Not many, but a few might exist. You can usually tell the ones who worked for a living, as when they get their dream house, they make use of it and enjoy it. Not have caretakers spending more time there then they do themselves. As for jealous and bitter, maybe annoyed and confused is more correct, but as a working man who actually works way too much, I barely have time to keep up my only home let alone even coordinate with a property management group to care for a summer home I wouldnt use. So not not jealous and bitter. It actually makes little sense to me. But it keeps the economy going, so I guess its better that these folks piss their money away on something they are not using than keeping it in their mattress. :-) |
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#31 | |
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The complaint should fall to the town building departments that allow these McMansions along the shoreline. They have the power to control the building sprawl. But then you get into too much government oversite, which riles up the masses. They seem to be able to manage it on Squam lake but Winni is like a wild animal that's out of control right now. |
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#32 | |
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#33 | |
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Don't confuse being annoyed and confused with jealous and bitter. You may think it sounds better but it is still bitterness stemming from jealousy. Maybe you should get to know somebody's core character before you judge them on something as superficial as their house or bank account. |
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#34 | |
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Yup, no, still happy with my perspective and still not bitter, no reason to be as wealthy people who dont really work for a living but spent tons of money to keep a beautiful property at Winnipesaukee they virtually never use dont harm me in the least. Quite to the opposite, their spending and tax dollars are good for the local economy, and its less people on the water for me to deal with, so no harm to me. And I get to take friends out in the boat and look at and laugh at how the wealthy live. (and if they so desire the wealthy people can get in their cars and drive by my house any time they want and see how stupid workaholics live and laugh at my lifestyle spending money on riding mowers to cut my own lawn and that I wash my own cars and such. I am not offended in the least) Mine are simply observations off the cuff comments, and I have a lot of them. You are certainly entitled not like them and to your own observations and opinions and though I may not agree, I dont hold it against you. But if you think you see any blood pressure or disgruntled feelings, all I can say is your welcome to read into to what you want and say what you want, it will have little impact on my position or generate any concern on my part about what you think of my comments. Maybe those who think they see bitter are because they see some reflection of their own bitterness. Or maybe not,,, Sorry, its not important enough to me to get too worked up either way. So enjoy the cat-bird seat, its a great view ;-) ATB |
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#35 | |
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The ones that did not listen to me are kicking themselves. Good Luck! https://bensonwood.com/
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#36 | |
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Much tighter quality control, totally protected from the elements while much of the work is done, actually engineered to ensure fitment not just nailed together one board at at time. Many Many benefits. Not saying a top shelf stick build gives up anything, the problem is finding a top shelf stick builder, but I suppose the same could be said of the pre-fab and modular industry. Many low quality companies out there and some really good ones. I think the big difference is that top quality stick builders are usually backlogged as much as 2 years, and they are almost double the cost of the average builder. Its an interesting market and very busy at the moment. |
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#37 |
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Here they would be sent to PBS... but I am not up-to-date on what their current lead time is.
For the top stick builders, the only way we have to define them is awards from the POH held in October each year. Some past winners have retired, and some are returning to their roots and slowing down a bit. They would rather renovate existing structures rather than take on whole new builds. With the various extended lead times, that makes more sense to their business model for work/life balance. |
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#39 |
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The Golden Rectangle is centuries old. I don't even know who would be given credit for discovering the ratio.
The CAD systems we use generally have algorithms in them that rely on that ratio. |
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#40 | |
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This "look at these lovely lines" approach is a very different than we normally see. Most homes with a striking staircase use the staircase to send a message of grandeur or power--think Tara, or Downtown Abbey, or a McMansion. (I don't say this to dis Tara or the others, only to highlight the difference) |
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#41 |
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That would be more of the interior designer at work.
I think you may be looking at the cable rail stairways. |
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#43 | |
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