Here is a quick tour of Eidelweiss in Madison, New Hampshire.
Here is a link to homes currently on the market in Eidelweiss
Welcome to the latest update on the Bartlett, NH real estate market. Let's dive into the current trends and statistics for both single-family homes and condos in the area. Here are the latest numbers:
Active Listings:
Pending Listings:
Closed Listings (last 90 days):
Active Listings:
Pending Listings:
Closed Listings (last 90 days):
The Bartlett real estate market is showing some interesting dynamics this season. Here's what we're seeing:
The market for single-family homes in Bartlett remains strong. The median price for active listings stands at $899,000, indicating a healthy demand for higher-end properties. With only 14 active listings, inventory remains relatively low, which could be contributing to the higher median prices.
Pending sales have a median price of $429,900, suggesting a more moderate price range for homes currently under contract. The closed sales over the last 90 days show a median price of $495,000, with more than half of these transactions being cash sales. This indicates a strong presence of cash buyers, possibly investors or second-home buyers, looking to take advantage of the market conditions.
The condo market in Bartlett is also active, with 17 current listings. The range of prices is quite broad, from $279,900 to $3,000,000, showing diversity in the types of condos available, from more affordable units to luxury properties.
Pending condo sales have a median price of $429,500, slightly higher than the median price of active listings. This trend could suggest an increasing interest in higher-end condos. The median price for closed condo sales over the past 90 days is $375,000, with a notable number of these sales (8 out of 21) being cash transactions, again highlighting the trend of cash buyers in the market.
Overall, the Bartlett real estate market is characterized by low inventory and high demand, particularly in the higher price ranges for both single-family homes and condos. The prevalence of cash transactions suggests a competitive market with many buyers looking to close deals quickly. If you're considering buying or selling in Bartlett, now might be a strategic time given the current trends.
Feel free to reach out for more detailed information or specific inquiries about properties in the Bartlett area.
Vacations are all about relaxation and fun, but a few quick checks upon arrival at your vacation rental can ensure safety for you and your loved ones. Here are four important steps to take as soon as you walk through the door.
Safety first! Ensure that your vacation rental is equipped with working smoke and carbon monoxide alarms. Locate them in the common areas and bedrooms. Test each one to make sure they're functioning properly. A quick check could be a lifesaver.
It's crucial that all sleeping areas have windows that can serve as an emergency exit. Verify that these windows open easily. If you're traveling with kids, take a moment to show them how to operate the windows in case they need to get out quickly. This small step can provide peace of mind and prepare everyone for an emergency.
Identify where the fire extinguishers are located in the property. The kitchen should have one readily available, and if there's a grill, check for an extinguisher nearby. Knowing where to find these tools and how to use them can help you act quickly in case of a fire.
Make sure everyone in your group knows the exact address of the rental. This is essential if you need to call 911 or require emergency services. Write it down and place it in a visible spot, like the refrigerator or a common area, so everyone can easily access it.
Taking these four simple steps can enhance your safety and allow you to enjoy your vacation with greater peace of mind. Happy travels!
Hey Conway Landlords, Brace Yourselves for the Inspection Storm!
Conway's rental landscape is about to get rocky. The town has rolled out a mandatory rental license program. Yes, despite the green light from voters on Article 24, not everyone's on board with the whole "big brother" vibe.
The aim? To keep renters out of harm's way. Noble, sure, but many are asking at what cost—and whose expense? This new program is diving into life safety checks, rooted in the New Hampshire Life Safety Code, which is stirring up quite the pot.
Here's what's on the town's inspection hit list:
Now, don't get me wrong—I'm all for keeping people safe. But there's chatter that this inspection spree might just be the tip of the iceberg. Some landlords are riled up, murmuring about privacy, the hassle, and the 'what-ifs' of finding issues.
Privacy? Yeah, the town says they'll respect it. But you tell me, how cozy does it feel knowing inspectors will be peeking into every nook and cranny of your property?
And what happens if they find something? They say they'll play nice, working with you to fix things up "reasonably." But that's a word that can bend in the wind, and some landlords are bracing for a mess.
The program is administered by Nicholas DeVito, the Zoning Officer. You'll need to call him up at (603) 447-3811 to get on the inspection schedule.
Now, here’s the kicker: this could all end up in a legal tangle. There's talk of disputes and challenges that could drag this out in the courts over the next couple of years. It’s not just about safety anymore—it's about legal rights, property ownership, and where the line gets drawn.
A story in the Conway Daily Sun on April 3, 2024 discussed how the potential development of the Red Jacket Property in North Conway.
Here is a quick summary of what is happening:
As we wrap up the first quarter of 2024, here is a comprehensive recap of our local real estate market's performance.
Bartlett – The High Roller
Bartlett has always had its charm, and this quarter, it didn’t disappoint. With 13 sales ranging from $360,000 all the way up to a jaw-dropping $2,350,000. The median sold price stood at $495,000, with homes spending a median of 50 days on the market. A notable trend here is the prevalence of cash sales, making up over half the transactions!
Conway, including the precincts of North Conway and Center Conway, has been bustling, with 21 homes finding new owners. Prices varied widely, from $202,000 to $860,000, highlighting the area’s appeal to a broad spectrum of buyers. The median sold price was a solid $470,000, with properties moving swiftly at a median of 40 days on market. Cash buyers were active here, too, accounting for a third of the sales.
Madison might have had fewer sales, with 7 homes changing hands, but what it lacked in quantity, it made up for in speed and price. Sale prices ranged from $335,000 to $1,175,000, pushing the median sold price to an impressive $598,400. Homes barely lingered, with a median days on market of just 7 - talk about hot property! Cash sales made up more than half the transactions.
Tamworth proved its worth this quarter with 13 sales. Prices spanned from $179,000 to $800,000, offering options for a variety of budgets. The median sold price came in at $370,000, with properties enjoying a brisk median of 21 days on market. Cash sales accounted for nearly half of the sales.
With 17 condos sold, ranging from $199,000 to $899,000, Bartlett has shown that there is something for every buyer's budget. The median sold price was $378,000, and condos spent an average of 17 days on market. Cash sales dominated, making up more than half the transactions.
Conway saw 27 condos sold, 7 of which were new constructions at Cranmore, spotlighting the area’s growing appeal. Prices were all over the map, from $95,000 to $1,250,000, with a median sold price of $415,000. The condos flew off the market, spending a median of just 5 days before being snapped up. Cash sales were particularly strong, accounting for over half the sales.
In addition to the bustling residential and condo market this quarter, land sales have also painted an interesting picture of our local real estate landscape. We saw 18 land parcels traded, showcasing the appeal of building. Conway and Tamworth led the way with 6 sales, while Freedom saw 3 sales, Madison had 2, and Jackson contributed 1 to the total. Prices for these land sales ranged from a modest $25,000 up to a substantial $552,000, with the median selling price landing at $81,375. Properties spent a median of 62 days on the market, indicating a healthy demand. A standout statistic for these land sales is the fact that 100% were cash purchases!
While the bustling markets in Bartlett, Conway, Madison, and Tamworth have kept us busy, it's worth noting that Jackson and Freedom have been quieter, with only 3 and 2 sales respectively. This just goes to show the varied pace and scale of real estate activity across our beautiful region.
As we step into the next quarter, the trends we’ve seen offer both sellers and buyers insights into the dynamics at play in our local market. For sellers, the strong demand, especially for properties offering unique value, suggests that now might be a great time to consider listing. Buyers, on the other hand, will find value across a broad range of options, from the luxurious to the surprisingly affordable, whether in the market for a family home or a convenient condo.
I hope this recap provides you with a clearer picture of our local real estate landscape as we move forward into 2024. Whether you’re looking to buy, sell, or simply stay informed, North Conway Realty is here to guide you every step of the way.
Stay tuned for more updates, and as always, feel free to reach out with any of your real estate needs or questions. Here’s to a successful and prosperous year ahead for all of us!
New Hampshire is gearing up for a celestial event that promises to be a sight to behold—the Great North American Solar Eclipse. With the Great North Woods set to witness the eclipse in its totality, excitement is mounting. This rare phenomenon will see the area from Lancaster to the Canadian border plunged into darkness, offering a unique spectacle for both residents and visitors alike. The rest of New Hampshire will also enjoy a near-total experience, with the eclipse reaching about 95 percent totality.
The duration of totality in the Great North Woods will be approximately 3 minutes and 30 seconds. However, depending on your location within this region, the timing may slightly vary. This event places New Hampshire at the heart of the action, leading to expectations of heavy traffic as enthusiasts flock to witness this natural marvel.
State and local officials are advising visitors to stick to state highways for both their arrival and departure to avoid congestion on local roads not designed for high traffic volumes. This influx of visitors is not limited to Coos County; it's anticipated that roads throughout New Hampshire will feel the impact. Motorists are encouraged to heed traffic control instructions and be prepared for slower travel, especially when heading south after the eclipse.
For real-time traffic updates, the New Hampshire Department of Transportation (NHDOT) recommends following their social media channels and checking newengland511.org.
New Hampshire holds the distinction of being one of only 13 states to experience the eclipse's totality, a phenomenon not expected to recur until 2079. This event is anticipated to be even more remarkable than the one in 2017, with a wider path of totality allowing more people to experience the full effect.
An estimated 31.6 million people find themselves in the path of totality this year, a significant increase from 2017. This wider audience, coupled with a range of planned local events, from viewing parties at ski resorts and mountains to celebrations at breweries and inns, promises a vibrant and communal atmosphere.
From educational talks with astronomers to festive gatherings with themed refreshments, New Hampshire is set to make the most of this awe-inspiring natural event. As the state prepares to welcome visitors and locals alike for this once-in-a-lifetime experience, the excitement is palpable.
Remember, a total solar eclipse is more than just a dark sky; it's a moment of wonder that showcases the beauty and complexity of our cosmos. Whether you're viewing from the majestic heights of Mount Washington or enjoying themed festivities across the state, April 8, 2024, promises to be a day to remember in New Hampshire.
In the sophisticated arena of real estate transactions, which involve significant financial investments and intricate legal considerations, an often-overlooked peril looms: title pirates. These individuals or entities surreptitiously navigate through public records and the digital expanse, seeking opportunities to illicitly claim ownership of properties. Such fraudulent activities pose a substantial risk to unwary homeowners and potential sellers, threatening the security of what is frequently their most valuable asset. Recently, a client poised to purchase through North Conway Realty narrowly escaped falling prey to such a scam, thanks to the vigilant and expert intervention of our partners at Alpine Title. This incident underscores the vital importance of remaining alert to the potential dangers posed by title fraud in today's real estate market.
Title pirates exploit loopholes in property laws and the public nature of real estate transactions. They might forge documents to claim ownership of properties, particularly those that appear vacant, underutilized, or owned by absentee owners, such as vacation homes or vacant lots. Once they've established a fraudulent claim, these pirates can then sell the property, borrow against it, or even evict the rightful owners.
Regularly Check Your Property Records: Visit your local county clerk's or recorder's office online to ensure your property records accurately reflect your ownership.
Consider Title Insurance: While title insurance is a standard part of purchasing a home, it also offers ongoing protection against future claims of ownership or encumbrances that were not found during the initial title search.
Google Your Address: In today's digital age, a simple yet effective way to monitor your property is to Google your address periodically. This includes any vacation homes or vacant lots you own. If your property appears in listings or discussions where it shouldn't, it could be a sign of trouble.
Secure Your Mail: Ensure your mail is secure and consider a PO Box for important financial and property documents to prevent identity theft, which can be a precursor to title fraud.
Legal Advice: If you suspect fraudulent activity regarding your property, consult with a real estate attorney immediately to understand your options.
Mark your calendars for an important financial deadline that's rapidly approaching: March 1, 2024, is the last day to file for a property tax abatement in Conway.
HERE IS A LINK TO THE FORM YOU MUST COMPLETE
For those who might be new to the term, a property tax abatement can provide significant relief if you believe your property has been overvalued by the town, leading to higher taxes than warranted. Whether it's due to recent market changes, property improvements, or discrepancies in assessment, now is the time to act to ensure you're not paying more than necessary.
Why is this important? Filing for an abatement can not only reduce your tax liability for the current year but also set a precedent for future assessments, potentially saving you a considerable amount of money in the long run.
Remember, the deadline to file is March 1, 2024. Don't miss this opportunity to potentially reduce your property tax bill. If you're unsure about whether you qualify for an abatement or just want to discuss your options, feel free to reach out to us at North Conway Realty.
Dave
North Conway Realty
Many have asked about the recent land clearance adjacent to Walmart and Kennett High School in North Conway. Below some information about the upcoming developments.
The Ridgeline Community, as announced in the press release by the Conway Daily Sun, will feature a 75-acre campus comprising a 106-unit assisted living facility that offers various progressive levels of care. Additionally, Continuum will offer 31 cottages that span 1,600 square feet each, tailored for individuals aged 55 and older, along with 42 units for workforce housing and 146 non-age-restricted condos to be sold at market value. The campus will also include a medical office building, children's day-care facility, and a bank.
For more details on the Ridgeline Community, please click on the provided link
Click here for info on the Ridgeline Community
A Local's Guide to The Valley Originals: North Conway's Hidden GemsIf you're on the hunt for a great meal then you've got to hear about The Valley Originals. This isn't your ordinary group of restaurants; it's a bunch of local spots in North Conway and the surrounding areas that really capture the spirit of our community. Let's dive into what makes The Valley Originals a must-visit for anyone looking to grab a bite in our neck of the woods.
What's the Deal with The Valley Originals?
So, The Valley Originals is this cool collective of independently owned restaurants right here in our valley. These places are all about keeping things local – from the food on your plate to the folks who serve it. They've got this commitment to quality and service that really sets them apart, not to mention each spot has its own unique vibe that reflects the character of our area.
Why We Love 'Em
One word: variety. Whether you're in the mood for a hearty breakfast, a laid-back lunch, or a fancy dinner, there's a Valley Originals spot that's got you covered. And because each restaurant sources locally as much as possible, you're getting a true taste of what our region has to offer with every bite.
More Than Just Good Eats
Here's the feel-good part – these restaurants are about more than just feeding people. They're deeply rooted in the community, giving back through donations to local causes and supporting local projects. Eating at a Valley Originals restaurant means you're helping to make a difference right here in our backyard. It's a win-win: amazing food and a way to support our community.
Let's Dig In
These spots never disappoint!
So, next time you're trying to decide where to eat, remember The Valley Originals. Supporting local businesses is more important than ever. Let's keep our community vibrant, one meal at a time.
If you're a ski enthusiast looking to hit the slopes around North Conway, you're in for a treat! This area is a skier's paradise, offering a range of mountains to explore. Whether you're into heart-pounding black diamonds or serene, scenic runs, there's something for everyone. Let's dive into the pros and cons of the ski mountains around North Conway to help you pick your next adventure.
Each mountain around North Conway offers its unique charms and challenges. Whether you're planning a family outing or seeking an adrenaline-fueled adventure, you're sure to find a perfect match. Remember, the best ski day is the one that leaves you with a big smile and stories to share. So, grab your gear, and have fun on the slopes!
When exploring the real estate market around North Conway and beyond, it's essential to grasp the nuances between traditional condominiums and Planned Unit Developments (PUDs), especially since the distinction can significantly affect ownership responsibilities and lifestyle. Here is a look into the key differences, with a particular focus on who owns what.
Condominiums: Understanding Shared Ownership
Condominiums, or condos as we often call them, are unique in their approach to ownership and shared spaces. Here's the lowdown:
Planned Unit Developments (PUDs): A Closer Look at Individual Responsibility
While PUDs might resemble condos in appearance, especially in regions around North Conway, the ownership structure introduces a significant twist, particularly regarding the exterior of the buildings.
Navigating Your Real Estate Choices
In the North Conway area, where PUDs often mirror condos in appearance, understanding these distinctions is crucial. Here's a recap to guide your decision:
I hope that helps distinguish between the two formats. As always, please reach out to North Conway Realty with any questions.
In Bartlett, a proposed warrant article aimed at regulating short-term rentals (STRs) was unanimously rejected by the Planning Board after receiving criticisms from selectmen and the public. The article, if passed, would have required STR owners to apply for a conditional use permit, adhere to National Fire Protection Association safety standards, and handle taxes and insurance appropriately. However, concerns about enforceability and legality, particularly regarding insurance requirements and tax collection, led to its dismissal. Selectmen and residents raised issues about the practicality of enforcing such regulations, the potential for expensive litigation, and the fairness of treating STRs differently from long-term rentals. Suggestions for a more educational approach towards safety codes and alternative certification for STRs as "renter-friendly" were also discussed. Ultimately, the planning board decided against moving the article forward due to these concerns and the tight timeline for warrant articles.
Read the full story: https://www.conwaydailysun.com/news/local/bartlett-planners-shelve-str-article-following-pushback/article_7c4096aa-c4ed-11ee-b63f-cf5d9ef492ae.html
From the Conway Daily Sun -
Full article here: https://www.conwaydailysun.com/news/local/affordable-housing-article-to-go-on-the-warrant/article_f216b980-aa77-11ee-99c0-0b144ef720ea.html
Conway's selectmen have decided to include a warrant article in the 2024 ballot, proposed by Town Planner Ryan O’Connor, to adopt the provisions of RSA 79-E, New Hampshire's “Community Revitalization Tax Relief Program.” This program aims to boost affordable housing by offering tax relief to builders who dedicate at least one-third of their new or renovated buildings to affordable units. "Affordable" here is defined as housing for people earning no more than 80% of the area's median income, which translates to a rent or mortgage cap of approximately $1,185 per month.
Some local residents expressed concerns at a meeting. Danny Allen, a rental property owner, highlighted that even rents below the proposed cap are challenging for tenants in the valley. Russell Rennie questioned the genuine public benefit of the tax break, particularly for apartments already rented below the threshold. O’Connor clarified that selectmen would have discretion over the duration of the tax relief, which could range from two to ten years based on the project's public benefit. Despite some reservations, the selectmen unanimously voted to present this proposal to voters, with Selectman Steve Porter acknowledging the concerns but emphasizing the importance of taking action on affordable housing.