What makes this a $595k property on Lake Winni?

MAXUM · 08-07-2013, 09:01 PM

Quote:

Originally Posted by brk-lnt

These condos are not behind any gate or guardhouse, I'm guessing you're confusing them as being inside part of the Meredith Bay area?

Anyway, personally I like the "guardhouse" idea for a vacation home. It helps to cut down on casual drive-bys and access to properties that are unoccupied the majority of the time.

Island properties are cool, but for me I like to be able to use our lake place year-round and not deal with septic systems and lack of access to utilities (eg: power and internet that can be problematic on some island properties).

It's cool if it's not for you, it takes all kinds.

Could be, there are a bunch of houses up there on the hill near the end of Meredith bay, I thought those condos were part of it since they are in the same area. Maybe not, but I think it's a bit silly to gate the road. If anyone is going to be up to no good, a gate and rent a cop isn't going to stop 'em. Just sayin false sense of security.

Janet · 08-08-2013, 05:06 AM

Isn't this where Look Off Rock Motel use to be?

pjard · 08-10-2013, 07:13 PM

These units are just north of Weirs Beach, right past Akwa Marina.

gf2020 · 08-11-2013, 06:35 PM

My family looked at these condos on Saturday the 3rd on a whim. They are well beyond our price range but I didn't think the price was too out of line for what you get. The condo fee and steep Laconia taxes, however, push the expense even further.

There really isn't anything comparable on the market right now. Units at South Down are older and further from the water, same for Grouse Point, and there is nothing currently for sale there anyways.

Yes, you can purchase a conventional single family home in a shared water access community for that price and there are a few waterfront homes in the sub-$600K range available around the lake, but they are all older, smaller and need updating.

These units are selling pretty well, so the developers must be on to something!

fatlazyless · 08-11-2013, 07:21 PM

And, they www.meredithbaynh.com (located in the City of Laconia........pssstttt......shhhhhhush!) are built just up the steep tree-wooded hill overlooking Lake Winnipesaukee and the www.wowtrail.org down below, which will be a 10-foot wide, asphalt bicycle and pedestrian trail, once it gets built, plus the existing single railroad track that is used in the summer and fall by the Winnipesaukee Railroad. So, depending on how you view the Wow Trail ..... that could be either good or bad .......for most, it will probably be good; once the Wow Trail is a completed nine mile long, bicycle & pedestrian trail which follows the Winnipesaukee shoreline from Meredith to The Weirs to just behind the www.laconialibrary.org in Laconia......you could ride your bike from the condo to the Gale Library to peruse their freebie, $600/year, Value Line Investment Survey and plan your retirement IRA!

Hey....at least those big Laconia prop taxes are being spent on one item that might be usefull to a Meredith Bay condo owner....the Value Line.....something that the Meredith Library does not get and the Laconia Library gets it! Laconia; a mecca for bicycle travel and investment planning.........and......oh yeah.......motorcycles! Just imagine riding a bicycle to Bike Week www.laconiamcweek.com from Meredith via the Wow Trail!

Anyone know what the Laconia property taxes are for these $595,000 condos and what are they assessed? I know the commercially zoned victorian house at 1061 Union Ave, formerly Dewhurst Funeral Home, was sold on January 18, 2013 for $128,500, and since then the City of Laconia has re-assessed it to down from $490,600 down to $260,700....it was purchased in January for 128,500 and it is now for sale at $250,000 so go figure how much these newly constructed, Winnipesaukee view, condos get assessed?

The high school http://www2.laconiaschools.org/lhs/ is getting major renovations this summer, including new renovations throughout the very aged, olde high school building, plus a new football field out back with spectator stands, and a new vocational ed-technical school building out front; so where does the money for the high school come from ........ no, NOTHING from the State of New Hampshire in Concord.......that's for danged sure! It comes from the Laconia property tax.

Do I know what I am talking about here ....maybe not.....so please correct me if I am incorrect!

dpg · 08-13-2013, 11:36 AM

If that place was in my town in Mass it would fetch 1.2 million, with water views no where in sight.

08-11-2013, 07:21 PM	#5
fatlazyless Senior Member Join Date: Apr 2004 Posts: 8,947 Blog Entries: 1 Thanks: 307 Thanked 1,058 Times in 771 Posts	And, they www.meredithbaynh.com (located in the City of Laconia........pssstttt......shhhhhhush!) are built just up the steep tree-wooded hill overlooking Lake Winnipesaukee and the www.wowtrail.org down below, which will be a 10-foot wide, asphalt bicycle and pedestrian trail, once it gets built, plus the existing single railroad track that is used in the summer and fall by the Winnipesaukee Railroad. So, depending on how you view the Wow Trail ..... that could be either good or bad .......for most, it will probably be good; once the Wow Trail is a completed nine mile long, bicycle & pedestrian trail which follows the Winnipesaukee shoreline from Meredith to The Weirs to just behind the www.laconialibrary.org in Laconia......you could ride your bike from the condo to the Gale Library to peruse their freebie, $600/year, Value Line Investment Survey and plan your retirement IRA! Hey....at least those big Laconia prop taxes are being spent on one item that might be usefull to a Meredith Bay condo owner....the Value Line.....something that the Meredith Library does not get and the Laconia Library gets it! Laconia; a mecca for bicycle travel and investment planning.........and......oh yeah.......motorcycles! Just imagine riding a bicycle to Bike Week www.laconiamcweek.com from Meredith via the Wow Trail! Anyone know what the Laconia property taxes are for these $595,000 condos and what are they assessed? I know the commercially zoned victorian house at 1061 Union Ave, formerly Dewhurst Funeral Home, was sold on January 18, 2013 for $128,500, and since then the City of Laconia has re-assessed it to down from $490,600 down to $260,700....it was purchased in January for 128,500 and it is now for sale at $250,000 so go figure how much these newly constructed, Winnipesaukee view, condos get assessed? The high school http://www2.laconiaschools.org/lhs/ is getting major renovations this summer, including new renovations throughout the very aged, olde high school building, plus a new football field out back with spectator stands, and a new vocational ed-technical school building out front; so where does the money for the high school come from ........ no, NOTHING from the State of New Hampshire in Concord.......that's for danged sure! It comes from the Laconia property tax. Do I know what I am talking about here ....maybe not.....so please correct me if I am incorrect! __________________ .... Banned for life from local thrift store! Last edited by fatlazyless; 08-11-2013 at 08:36 PM.

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08-08-2013, 05:06 AM	#2
Janet Senior Member Join Date: Apr 2004 Location: Texas Posts: 470 Thanks: 234 Thanked 134 Times in 91 Posts	Isn't this where Look Off Rock Motel use to be?

08-10-2013, 07:13 PM	#3
pjard Senior Member Join Date: Aug 2002 Location: Gilford, NH Posts: 645 Thanks: 515 Thanked 195 Times in 102 Posts	These units are just north of Weirs Beach, right past Akwa Marina.

08-11-2013, 06:35 PM	#4
gf2020 Senior Member Join Date: Feb 2009 Location: North of Boston Posts: 203 Thanks: 11 Thanked 35 Times in 28 Posts	My family looked at these condos on Saturday the 3rd on a whim. They are well beyond our price range but I didn't think the price was too out of line for what you get. The condo fee and steep Laconia taxes, however, push the expense even further. There really isn't anything comparable on the market right now. Units at South Down are older and further from the water, same for Grouse Point, and there is nothing currently for sale there anyways. Yes, you can purchase a conventional single family home in a shared water access community for that price and there are a few waterfront homes in the sub-$600K range available around the lake, but they are all older, smaller and need updating. These units are selling pretty well, so the developers must be on to something!

08-13-2013, 11:36 AM	#6
dpg Senior Member Join Date: Apr 2004 Posts: 2,619 Thanks: 157 Thanked 235 Times in 172 Posts	If that place was in my town in Mass it would fetch 1.2 million, with water views no where in sight.