$3,995,000 - Wow...

[Descant]

As always, if you sell for a high price, when it comes to buying an equivalent replacement, you will buy at a high price and lose your sweat equity. And maybe you paid substantial capital gains tax? Or, you sit on the sidelines, wishing you still had a summer place, and wait for the next recession.

[Biggd]

I was thinking the same thing. We bought a fixer upper 6 years ago for 200K. I've put 100K into it but that's mostly just materials because I've done 90% of the work myself. I was told I could probably get around 500K but I don't think I could buy a better place for that so what's the point?

Originally Posted by Descant

As always, if you sell for a high price, when it comes to buying an equivalent replacement, you will buy at a high price and lose your sweat equity. And maybe you paid substantial capital gains tax? Or, you sit on the sidelines, wishing you still had a summer place, and wait for the next recession.

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[LIforrelaxin]

I have seen many listing from that agent that are aggressively priced. Most times I think it is just people see if they can get someone to bite.....

However a quick look at this listing... it is boosting the following:

- 200 ft. of water front
-- with evaluation of land being about 6K per foot on the water, the land evaluates at 1.2M

1.6 Acres of land so there is plenty of room
A nice beach and apparently rock less looking water front
(note this is not a pearched beach)
A long dock

So it has a lot to offer, that today, would be hard to get permitted.

Now is it worth 4M???? Well If someone will pay that I am sure it is..... But maybe just maybe, only part of the family wants to sell, and holding on to it is the real goal....

[Descant]

@Lifeorelaxin
"A nice beach and apparently rock less looking water front
(note this is not a perched beach)
A long dock"
The dock, a temporary seasonal dock, requires little, if any, permit except perhaps "permit by notification". You need a "long dock" when the water depth is insufficient to moor a boat with any significant draft, e.g. a 24' deep vee hull with I/O in the down position, and unable to lower it to leave the dock in years like 2020 and 2016. With a western exposure, the dock is exposed to prevailing NW winds and would be unlikely to hold anything larger than 20-24 feet, if that. A pontoon would perhaps draw less water, but with a lot of canvas would move the dock in any significant wind.
Winnipesaukee waterfront, to me, is for boaters. This is not a boating site. It's an old camp with new addition at exorbitant price.

[gillygirl]

Originally Posted by Descant

@Lifeorelaxin

"A nice beach and apparently rock less looking water front

(note this is not a perched beach)

A long dock"

The dock, a temporary seasonal dock, requires little, if any, permit except perhaps "permit by notification". You need a "long dock" when the water depth is insufficient to moor a boat with any significant draft, e.g. a 24' deep vee hull with I/O in the down position, and unable to lower it to leave the dock in years like 2020 and 2016. With a western exposure, the dock is exposed to prevailing NW winds and would be unlikely to hold anything larger than 20-24 feet, if that. A pontoon would perhaps draw less water, but with a lot of canvas would move the dock in any significant wind.

Winnipesaukee waterfront, to me, is for boaters. This is not a boating site. It's an old camp with new addition at exorbitant price.

Have you looked at it on a map? Seems like a very protected location with regards to boat docking.

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