I have to take responsibility for not elaborating enough in my last post in regard to why Ossipee is the current "hot spot" on my real estate radar.
My primary reason for believing that Ossipee is a great value right now is that pricesin Ossipee NH have dropped the most in Carroll County . One of the predominate factors in this is the slightly higher in county average number of foreclosed home sales. Another factor is the sluggish job market in the construction trades and tourism industry in the area. Demand is low.
I also think that Ossipee NH is a good commuting distance from a few different job markets. Here in New England we are a little spoiled by shorter distances between regional hubs. The national average for commuting time by car is somewhere around 45 min. and trains/busses/subways was just a little longer. That puts North Conway and Meredith well within the average. Getting up north is a bit longer. Rt. 25 crosses through Ossipee and is a direct line into Portland Maine in about an hour. The same is true of the Portsmouth NH and Newington NH area being within an hour's drive. With the Rt. 16 corridor Dover and Somersworth are within the 45 min. for most of Ossipee. One factor that can influence this added value in Ossippee is the cost of fuel. Home purchase price savings can be significant but it would be wise to weigh up the cost of travel and lost time. I've known quite a few folks that would have just the right work schedule and lifestyle to work out of Boston and commute from Jackson NH. A few long days and then 4 to work at home was one scenario that was working well for a semi retired Raytheon executive. I've seen a few variations on that theme from all parts of Carroll County NH.
And yet another reason is the recreational value of Ossipee. Ossipee Lake is a big part of the beauty of Ossipee NH. No doubt about it, no way to get around it, it just is. Ossipee Lake is great. There is just enough going on with a few beach clubs and association beaches and camp beaches on the lakefront properties and just enough boat owners to warrant a marina where a part-time boater like myself can rent a jet ski, or rent a pontoon boat or rent a ski boat on Ossipee Lake. Otherwise, life on the lake is like stepping back in time. The waterfront real estate is not generally overbuilt and you can still see hundreds of feet of raw lakefront land. In addition to Ossippee Lake, Ossipee is also home to a few other lakes, including Dan Hole Pond and Duncan Lake. Ossipee NH also has a nearby fire tower hike and is at the northeast end of the Ossipee Mountain range, which is a volcanic ring of peaks that dates back to before the creation of the Appalacians. The location of Ossipee NH, along the Bearcamp River and the shores of Ossipee Lake and the other great lakes of NH, and at the very feet of the White Mountain National Forest, make this an excellent base camp community. As the vacation owner travels into Ossipee he/she is able to stop at Hannaford Bros. supermarket, at the intersection of Rt. 16 and Rt. 28 from Wolfeboro (25 min.), and stock up on all sorts of supplies and the tool and camping/outdoors dept. next door at Ocean State Job Lots can usually resolve any last minute gear issues (if not, the Aubochon Hardware store at The Indian Mound Plaza on Rt. 16b - about 10 min. north off Rt. 16 - will always have a better selection of quality gear and tools.). From "Base Camp" in Ossipee NH the adventurer has hundreds of quality trails and destinations that are within a 30 min. drive. The northern Presidential Range is more like 45 min. to an hour depending on your destination, with the Mt. Washington Auto Road being just about 45 min. from the Rt. 25 and Rt. 16 intersection in Ossipee. In the winter, at least 4 major ski resorts are within a 30 min. drive and cross country and snowmobiling opportunities abound. Ossipee NH has something for every outdoor enthusiast whether it is kayaking, canoeing, water skiing, hiking, mountain bike trails in Ossipee NH, skiing, snowmobiling or just roasting marshmallows by the fire.
If these opinions spark your interest or you want to add to these ideas please comment, or visit my website at Bill Barbin and email me.
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