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Old 02-18-2024, 11:35 PM   #1
TheTimeTraveler
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Originally Posted by JilianBlue View Post
Thank you all. I appreciate the feedback. I've learned a lot. We've decided not to move forward with the property and we're considering Locke Lake now as a quieter alternative.
You'll likely be saving yourself a lot of $$$$$$ buying @ Locke Lake.
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Old 02-19-2024, 08:01 AM   #2
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You'll likely be saving yourself a lot of $$$$$$ buying @ Locke Lake.
From what we’ve seen so far houses are about $100k less. But Moultonborough property tax was $1,100/yr on a house that was listed at $440k vs $3,700/yr on a house listed at $360k in Barnstead. So the monthly sayings gets eaten up by property tax a bit. Moultonborough’s property tax is shockingly low so we can afford more of a house there.
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Old 02-19-2024, 08:10 AM   #3
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Personally I think Mountonborough would be a much better investment, especially for resale. But that might just be my opinion. How about a house not so close to the gun club? Also check out how low Locke Lake goes at times.
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Old 02-19-2024, 08:25 AM   #4
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I looked a Lock Lake over 20 years ago, as an investment, prices haven't kept up with the rest of the real estate market. Try looking at a few of the smaller lakes in the Lakes region.
Some people don't look at a home as an investment but that's a big mistake, JMO.
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Old 02-19-2024, 08:35 AM   #5
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Vita Bene should know. He's very familiar with that area and I think he has a house in that or Suissevale. (sp?)
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Old 02-19-2024, 08:52 AM   #6
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We would view it as an investment and (shared) lake access on Winnipesaukee feels like a much better investment to us too. It also would be more rentable if we find we don’t use it as much as we’re planning to or if something happens that keeps us from vacationing there (illness, etc) And of course resale value would be better. We’re going to rent a home for a week this summer to see how we like the Balmoral/Suissevale area before ruling it out. I appreciate the replies; they’re very helpful.
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