Best Town to live in ?

John Mercier · 01-04-2024, 10:21 PM

A spec home is built on the speculation that you may sell it in the future. Since we currently know that any home built will sell... there are some building such.

The builder will also build a basic home... even the ones that I have posted online. But when the builder is building to a customer's wishes, it is the customer choosing the higher end custom options that make the home more expensive.

The home is just the summation of the parts and the skill it takes to put them together. Some of my customers want quality, but basic components. Other demand from me high end solutions that they have seen on the internet.

For instance, I can supply a white vinyl window with a lifetime warranty at any level of efficiency within the spectrum... but many customer choose the wood windows that will not have a lifetime warranty, and may not have the same efficiency, or a variation of the vinyl that increases the cost of the windows.

The wood windows in a new home could be standard sizing, while replacing them in an older home may require higher cost custom sizing.

What we see with new homes is splurging in unusual ways. The builder doesn't really care... unless of course the new units require some unusual means to secure them. In the older homes, landscaping has to be factored in.

The same goes for doors. A six panel fiberglass lifetime will cost less than a glassed unit or one designed to have a wood-look and fall into a trendy category.

Biggd · 01-04-2024, 10:42 PM

Most boomers like me, that want to downsize, don't want to spend more on a smaller home than the larger one they are selling. So, it really doesn't pay to downsize in today's market unless you are moving to another state where prices are cheaper. If you are younger and in your peak earning years, then trading up to a more expensive home is not an issue.
The OP wants to downsize from home in Gilford to a smaller home in another town in the lakes region to save money. Unless he's selling a waterfront to buy off the water I don't think he's going to save much money and he's already living in one of the better towns around the lake.
I will make this my last post because this thread has gone way off track.

John Mercier · 01-05-2024, 12:44 AM

It isn't off track.

The market is tight. There really is not much to buy in any price range.
And stick built or manufactured might be the only options for a fair amount of time to come.

01-04-2024, 10:21 PM	#1
John Mercier Senior Member Join Date: Jun 2021 Posts: 3,563 Thanks: 3 Thanked 635 Times in 522 Posts	A spec home is built on the speculation that you may sell it in the future. Since we currently know that any home built will sell... there are some building such. The builder will also build a basic home... even the ones that I have posted online. But when the builder is building to a customer's wishes, it is the customer choosing the higher end custom options that make the home more expensive. The home is just the summation of the parts and the skill it takes to put them together. Some of my customers want quality, but basic components. Other demand from me high end solutions that they have seen on the internet. For instance, I can supply a white vinyl window with a lifetime warranty at any level of efficiency within the spectrum... but many customer choose the wood windows that will not have a lifetime warranty, and may not have the same efficiency, or a variation of the vinyl that increases the cost of the windows. The wood windows in a new home could be standard sizing, while replacing them in an older home may require higher cost custom sizing. What we see with new homes is splurging in unusual ways. The builder doesn't really care... unless of course the new units require some unusual means to secure them. In the older homes, landscaping has to be factored in. The same goes for doors. A six panel fiberglass lifetime will cost less than a glassed unit or one designed to have a wood-look and fall into a trendy category.

01-04-2024, 10:42 PM	#2
Biggd Senior Member Join Date: Nov 2016 Location: Waltham Ma./Meredith NH Posts: 4,263 Thanks: 2,310 Thanked 1,230 Times in 788 Posts	Most boomers like me, that want to downsize, don't want to spend more on a smaller home than the larger one they are selling. So, it really doesn't pay to downsize in today's market unless you are moving to another state where prices are cheaper. If you are younger and in your peak earning years, then trading up to a more expensive home is not an issue. The OP wants to downsize from home in Gilford to a smaller home in another town in the lakes region to save money. Unless he's selling a waterfront to buy off the water I don't think he's going to save much money and he's already living in one of the better towns around the lake. I will make this my last post because this thread has gone way off track.

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01-05-2024, 12:44 AM	#3
John Mercier Senior Member Join Date: Jun 2021 Posts: 3,563 Thanks: 3 Thanked 635 Times in 522 Posts	It isn't off track. The market is tight. There really is not much to buy in any price range. And stick built or manufactured might be the only options for a fair amount of time to come.