Just a quick market recap on the Ossipee NH waterfront real estate market for August 2010:
It is in tough shape! With foreclosed real estate on Ossipee Lake waterfront at an all time high this year, the bank owned lakefront homes are some of the only properties that have sold and have set the values for future sales.
My foreclosure property listing for sale at Weetamoe Shores Association in Ossipee NH is a perfect example of bank owned property values. Unit #9 at 80 Weetamoe Rd. in Ossipee NH is set on the grounds of a former set of camps on Ossipee Lake. The association owns the approx. 3100 ft of waterfront beachfront on Lake Ossipee. The unit owner is alotted a private area of beach and 1 boat slip on the dock. The assoc. fees have avg. out to approx. $225/month. Most people pay more for golf course memberships! Speaking of which, it is not a related business but the property backs up to the Indian Mound Golf Course in Ossipee NH. So you have Ossipee lake, beach and boat slip on one side of you and a golf course, with a very respectable 19th hole, on the other side of you, in a private association setting. The camp itself looks great. It was remodeled when they all went condo back in 05-06. It has 2 small bedrooms, a laundry closet for a stacked unit, a full bath, kitchen with small breakfast bar and an open concept area for a small living room. This is a great place to play outdoors. The house is nice, clean and upscale living but it's a lake camp. Off the deck there is a small "bunkhouse", which is a finished room with an exterior, lockable door and (unknown insulation) that has electric baseboard heat and a cable tv outlet.
For those people that love the Ossipee Lake off-season, so to speak, the views from the beach explode in a display of fall color across the entire presidential range. Ossipee Lake itself, once frozen, becomes a crossroads for major recreational snowmobile trails, while the surrounding valleys have some of the best cross country skiing in New England. Alpine skiing is considered to have been brought to America, just a 20 min. drive away in North Conway NH. North Conway NH is home to a robust 2nd home market as it has grown into a 4 season, multiiappeal resort. Surrounded by famous skiing centers like Cranmore Mountain Resort for downhill skiing, boarding, etc and Jackson Ski Touring Foundation for cross country skiing (to name a few) for winter fun and the hiking, canoeing, concerts, and other summer events, North Conway NH is the secret weapon of the Ossipee laker. For the Ossipee Lake Vacationer North Conway is the place they can get away to on their terms. They may know a back way into town, or at least the best times to avoid the Conway traffic! But best of all, on Friday evening, when most of the traffic is still heading north into the time consuming villages, the Ossipee Laker is already at his vacation camp.
And please remember, my free smartphone application will be sent to you by text, if you text "nehomes" to 87778. This thing rocks! You can use the gps in your phone or search by address, zip, etc and see all the real data on homes for sale right where you are! It's free, so why not?
If you like your phones dumb, like I do, my website at http://www.billbarbin.com has simple search fields for NH and Maine Real Estate. You get all the info. for free, no worries. Just use it!
Oh yeah, you can download the mobile application by going to the website and putting in your phone # by going to http://mobile.smarteragent.com/badger/billbarbin/ .
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