Can We Live On Winni for $450k?

jr616 · 09-07-2017, 10:02 AM

Jason, You are not dreaming. You may have to be patient and you will definitely need and agent in the know. Someone who hears of things before they are in the MLS and can act fast for you. You also have to act fast and be open minded and handy. Good Luck. We wish you the best!

Quote:

Originally Posted by JasonG

A short while back I posted about possibly buying a small summer home on the big lake. After taking a trip up there this year and watching our high school teenagers skip rocks, swim, and putting down the iphone, the wife and I look at each other and started chatting about moving up here.

But the question is, can we get a decent year round home for under $450k? 3/2 1500+ sq ft, garage. Not opposed to a town home in a nice community or a bit of a renovation. Thinking Gilford or Meredith region for school for the kids.

I can pull up listings and see options, but it is a bit of a shot in the dark without really knowing the area well.

Am I dreaming?

Thank you
Jason

pressman247 · 09-07-2017, 01:41 PM

8 Cathy Lane in Alton...
Just came on today.
4657547 is the mls number...

checks a lot of boxes for around $400.
Boat dock.
Beach.

VitaBene · 09-07-2017, 02:25 PM

The north side of the lake is definitely quieter, which I like. If you want to be able to get food delivered, have access to fast food restaurants and bigger stores, stay on the southern end. Taxes in Moultonberry and Touftonboro are low.

We like being able to go to the restaurants by water- we bought enough boat to run in most anything Winni dishes out.

marinewife · 09-19-2017, 10:14 PM

Quote:

Originally Posted by pressman247

8 Cathy Lane in Alton...
Just came on today.
4657547 is the mls number...

checks a lot of boxes for around $400.
Boat dock.
Beach.

A quick search of 8 Cathy Lane in Alton shows the owner bought this home in April of this year (2017) for 157k, lives in MA, did some renov, and is asking way more than the town is appraising it for. I guess it pays to buy low, do the work, and sell high.

joey2665 · 09-20-2017, 06:02 AM

Quote:

Originally Posted by marinewife

A quick search of 8 Cathy Lane in Alton shows the owner bought this home in April of this year (2017) for 157k, lives in MA, did some renov, and is asking way more than the town is appraising it for. I guess it pays to buy low, do the work, and sell high.

In theory yes but the house is not sold and we do not know how much was invested in the renovation as a result we do not know if this particular investment paid off.

Doobs41378 · 09-20-2017, 07:47 AM

Quote:

Originally Posted by marinewife

A quick search of 8 Cathy Lane in Alton shows the owner bought this home in April of this year (2017) for 157k, lives in MA, did some renov, and is asking way more than the town is appraising it for. I guess it pays to buy low, do the work, and sell high.

Isn't buy low sell high the goal with most things? Can't fault them for trying. The market will determine if it's justified.

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09-07-2017, 01:41 PM	#2
pressman247 Member Join Date: May 2016 Posts: 21 Thanks: 0 Thanked 9 Times in 4 Posts	8 Cathy Lane in Alton... Just came on today. 4657547 is the mls number... checks a lot of boxes for around $400. Boat dock. Beach.

09-07-2017, 02:25 PM	#3
VitaBene Senior Member Join Date: Jul 2007 Location: Moultonborough Posts: 3,587 Thanks: 1,623 Thanked 1,640 Times in 843 Posts	The north side of the lake is definitely quieter, which I like. If you want to be able to get food delivered, have access to fast food restaurants and bigger stores, stay on the southern end. Taxes in Moultonberry and Touftonboro are low. We like being able to go to the restaurants by water- we bought enough boat to run in most anything Winni dishes out.