Blog :: 01-2024

Welcome to the North Conway Realty blog. This is where you’ll find helpful information about buying and selling real estate in North Conway and the surrounding Mount Washington Valley. We share local market updates, tips for buyers and sellers, neighborhood highlights, and insights based on real, current activity—not just headlines. Whether you’re planning a move, watching the market, or simply curious about what’s happening locally, this blog is designed to give you clear, useful information so you can make confident real estate decisions.

Please note: The information shared on this blog is intended for general informational purposes only and should not be considered legal, tax, financial, surveying, or professional real estate advice. Real estate laws, regulations, market conditions, and property-specific details can change over time and may vary by situation. Buyers and sellers should consult with qualified professionals regarding their individual circumstances.

Short Term Rental Info and Advice

The Power of Community in Short-Term Rental Ownership

Short-term rental ownership can be a rewarding but challenging business. As an owner, you're not just managing a property; you're creating an experience for guests, handling bookings, solving problems, and ensuring your rental stands out in a crowded market. It's a journey filled with unique challenges, from navigating local regulations to managing guest expectations. That's why finding a community of help is more than just beneficial—it's essential.

Shared Knowledge is Power

The collective wisdom of experienced rental owners is an invaluable resource. In a community, you can learn the ropes from those who have already faced the challenges you're encountering. From practical advice on dealing with difficult guests to recommendations for trustworthy cleaning services, the shared knowledge within a community is a power you can harness to avoid common pitfalls and streamline your operations.

As part of our commitment to supporting short-term rental owners, we've curated a list of Facebook groups where you can find camaraderie, advice, and support. These groups are filled with active members who are eager to share their experiences and help you succeed in your rental endeavors. Here are some great groups to join:

North Conway & MWV Info Sharing

MWV Association for Responsible Rentals

North Conway MWV Vacation Rental Owners

White Mountains NH Vacation Home Rentals

2023 Sales Recap

Here's a detailed summary of the 2023 real estate statistics for towns around the Mount Washington Valley, with some added commentary:

North Conway (03860) - Single Family Homes

  • Total Sales: 45, a robust number indicating a healthy market.  That figure is down from 54 sales in 2022.
  • Price Range: $250,000 to $2,495,000. This wide range suggests a diverse market catering to various buyer segments, from affordable to luxury homes.
  • Average Selling Price: $591,129, reflecting the area's growing appeal.
  • Median Selling Price: $461,050, slightly lower than the average, indicating that more homes sold at the lower price spectrum.
  • Cash Sales: 22 out of 45 (48.9%). The high rate of cash purchases could indicate strong investor interest or a competitive market where buyers use cash to stand out.

North Conway (03860) - Condos

  • Total Sales: 43, showing a slightly less active market compared to single-family homes but still significant.  That is also down from 58 sales in 2022.
  • Price Range: $258,000 to $1,432,161, offering a range of choices for different budgets.
  • Average Selling Price: $637,278, surprisingly higher than single-family homes, due to newer or more luxurious condo developments at Cranmore.
  • Median Selling Price: $550,000, aligning closely with the average, suggesting a consistent market segment.
  • Cash Sales: 19 out of 43 (44.2%), highlighting a strong cash buyer presence, similar to the single-family home market.

Bartlett - Single Family Homes

  • Total Sales: 65, indicating a very active market.  There were 74 sales in 2022.
  • Price Range: $110,000 to $1,825,000, showcasing one of the most varied ranges in the region.
  • Average Selling Price: $683,308, which is high, possibly driven by some premium property sales.
  • Median Selling Price: $612,000, supporting the idea of a higher-priced market segment.
  • Cash Sales: 27 out of 65 (41.5%), significant but slightly lower than in North Conway, suggesting diverse buying patterns.

Bartlett - Condos

  • Total Sales: 84, the highest among all categories, signaling a booming condo market.  That is up from 72 sales in 2022.
  • Price Range: $185,000 to $1,900,000, again showing a wide range appealing to a broad spectrum of buyers.
  • Average Selling Price: $456,587, more accessible compared to single-family homes, attracting a different buyer demographic.
  • Median Selling Price: $410,000, indicating a strong mid-range market.
  • Cash Sales: 34 out of 84 (40.5%), consistent with the overall trend of substantial cash transactions in the area.

Jackson - Single Family Homes

  • Total Sales: 14, a smaller number, suggesting either limited inventory or a more exclusive market.  Jackson had 20 sales in 2022.
  • Price Range: $520,000 to $1,625,000, skewed towards higher-end properties.
  • Average Selling Price: $834,178, the highest average among the towns, indicating a premium market.
  • Median Selling Price: $742,500, closely following the average, reinforcing the luxury market trend.
  • Cash Sales: 6 out of 14 (42.9%), possibly reflecting the buying power of those targeting this exclusive area.

Jackson - Condos

  • Total Sales: 11, the least active market, which could be due to limited offerings.  It is in range with 2022’s 9 sales.
  • Price Range: $460,000 to $930,000, more compact but still offering a range of options.
  • Average Selling Price: $600,727, aligning more with the high-end market.
  • Median Selling Price: $575,000, consistent with the average, showing less variability in condo prices.
  • Cash Sales: 4 out of 11 (36.4%), the lowest percentage, but still notable.

In summary, the 2023 real estate market in the Mount Washington Valley showed strong activity with a clear inclination towards higher-end properties, especially in single-family homes. The significant proportion of cash purchases across all sectors suggests a strong investor presence and a competitive buying environment. Condos in Bartlett emerged as a particularly active segment, indicating a growing interest in this type of property.

History of Cranmore Ski Mountain

Cranmore Mountain: More Than Just a Ski Resort

Nestled in the heart of the White Mountains, Cranmore Mountain has been a hotspot for skiers for ages. But how did it all start? Let's take a trip down memory lane.

The Early Days: 1930s Onward

Believe it or not, Cranmore's story begins way back in the 1930s. In 1937, a guy named Harvey Dow Gibson, who was a local hero and a big shot banker in New York City, decided his hometown of North Conway needed a ski resort. So, he bought up a bunch of land and started developing Cranmore Mountain.

One of the first major attractions at Cranmore was the Skimobile, a unique lift system invented by George Morton. Picture this: a series of cars going up the mountain on a wooden track. It was super innovative for its time and became a huge hit. This quirky lift was in operation right up until 1989!

World War II and Beyond

The 1940s were a big deal for Cranmore. The mountain played a role in World War II when it was used for training by the 10th Mountain Division, a specialized skiing and mountaineering unit of the U.S. Army. After the war, Cranmore continued to grow. It started attracting some big names in skiing, like Hannes Schneider, a famous Austrian ski instructor who fled the Nazis. Schneider brought European ski techniques to Cranmore, putting it on the map as a top ski destination.

Modernizing the Slopes

Fast forward to the latter part of the 20th century. Cranmore kept up with the times, constantly upgrading its facilities. The Skimobile was eventually replaced with more modern ski lifts. The resort expanded its trails and snowmaking capabilities, ensuring a better and longer ski season.

Cranmore Today

Today, Cranmore Mountain is a state-of-the-art ski resort. It's not just about skiing and snowboarding anymore. The resort offers a variety of winter activities like tubing and a mountain coaster. And when the snow melts, it transforms into a summer adventure park with zip lines and an aerial adventure park.

More Than Just Skiing

But Cranmore isn't just about the adrenaline rush. It's deeply woven into the community fabric of North Conway. The resort hosts numerous events throughout the year, from charity races to music festivals, making it a year-round hub for both locals and tourists.

The Future

What's next for Cranmore? Well, the resort seems to be focused on sustainable growth and staying tuned to the needs of modern skiers and vacationers. With ongoing investments in their facilities and a strong commitment to the environment, Cranmore looks set to remain a key player in New Hampshire's ski industry.

So, there you have it, a brief history of Cranmore Mountain. It's more than just slopes and ski lifts; it's a place with a rich past and an exciting future. Next time you're shredding down those trails or enjoying a summer zip line, remember you're part of a long and storied tradition. Happy skiing (or zip-lining)!

Comments

  1. No comments. Be the first to comment.

Cross Country Skiing in the Mount Washington Valley

If you're looking for cross country ski areas around North Conway and Jackson, NH, you're in luck. The region boasts over 400 km of trails within a 30-minute radius, offering a diverse range of experiences for skiers of all skill levels. These trails are groomed for both classical and skate skiing, and many areas also provide equipment rentals and ski lessons. Additionally, some trails are open to activities like fat tire biking and are dog-friendly.

Here are some notable ski areas:

  1. Great Glen Trails Nordic Center: Located in Pinkham Notch, about 20 minutes from North Conway, this center offers 45 kilometers of Nordic skiing and snowshoeing. It's a family-friendly destination with additional activities like snow tubing.

  2. Purity Spring XC & Snowshoe Reserve: Situated in East Madison, this area features 20 km of trails that wind through forests and around Purity Lake.

  3. Mt. Washington Valley Ski Touring & Snowshoe Center: This center in Intervale, NH, provides 45KM of groomed trails connecting North Conway Village and Intervale. The trails offer great views and a variety of trailside lodging.

  4. White Mountain Nordic Group: They offer access to over 400 Km of trails at six different Nordic Centers in the White Mountains, all within 30 minutes of North Conway. They provide a comprehensive range of services including lessons and rentals.

  5. Bear Notch Ski Touring Center: Located in Bartlett, this center has over 65 km of trails with a mix of tracked and skate groomed options, and access to local lodging and restaurants.

  6. Bretton Woods: This area features 100 km of trails, offering a mix of groomed and backcountry skiing, as well as facilities for skijoring and fat biking.

  7. Jackson Ski Touring Foundation: Located in Jackson, NH, this foundation boasts 105 km of trails, including 40 km dedicated to snowshoeing, and offers services like cross country lessons and equipment rentals.

Each of these areas has its unique charm and facilities, catering to a wide range of preferences. Whether you're looking for a family-friendly outing or a more adventurous skiing experience, these ski areas around North Conway and Jackson have something to offer.

For more detailed information, you can check out the websites of North Conway NH, White Mountain Nordic, and Mt. Washington Valley Ski Touring and Snowshoe Foundation.

Comments

  1. No comments. Be the first to comment.

North Conway's Best Restaurants

If you're looking for some great dining options in North Conway, NH, you've got a fantastic variety to choose from. Here are some popular spots:

  1. Delaney’s Hole in the Wall: Known for its cozy tavern setting and a menu featuring American classics like New England clam chowder and shrimp po’ boys, plus a fresh sushi menu. It's a great spot for casual dining or catching a sports game.
    https://www.delaneys.com/

  2. Fiesta Jalisco: This place is a go-to for authentic Mexican cuisine and premium beers from Mexico. They're known for their festive environment and are great for group outings or family celebrations. Their Nachos Supremos and quesadilla Jalisco are highly recommended.
    https://www.fiestajalisconh.com/

  3. Ledges Restaurant at the White Mountain Hotel: Perfect for fine dining with scenic views of the White Mountains. They specialize in New England cuisine, particularly seafood, like lobster mac n’ cheese.
    https://www.whitemountainhotel.com/dining/ledges-restaurant

  4. Flatbread Company: An excellent choice for health-conscious diners, offering dishes made from sustainable, organic ingredients. They are known for their delicious pizzas cooked in traditional clay ovens.
    https://flatbreadcompany.com/locations/north-conway-nh/ - ONE OF OUR FAVORITES!!!

  5. Muddy Moose Restaurant & Pub: This American restaurant has a fun wooden cabin theme and offers a casual ambiance, ideal for a family outing. Their menu includes a variety of dishes like ribs, nachos, and the classic Muddy Moose Burger.
    https://muddymoose.com/

  6. Thai Nakornping Restaurant: For those who enjoy Thai cuisine, this place offers dishes like pad thai and drunken noodles. It’s a casual spot with fast service, making it family-friendly.
    https://www.thainakornping.com/ - ONE OF OUR FAVORITES!!!

  7. Vito Marcello’s Italian Bistro: This restaurant offers a more upscale dining experience with delicious Italian food and a robust wine list. It's perfect for a nice night out with family or a romantic dinner.
    https://www.vitofoods.com/

  8. Moat Mountain Smokehouse & Brewing Co.: If you’re in the mood for BBQ and a casual night out, this is the place. They offer a range of options including chicken wings, potstickers, smokehouse nachos, and classic barbecue burgers.
    https://www.moatmountain.com/

  9. May Kelly’s Cottage Restaurant and Pub: An Irish-style restaurant and pub with a cozy atmosphere, offering dishes like hearty burgers and authentic Irish fare.
    https://www.maykellys.com/

  10. Wicked Fresh Craft Burgers: Known for their handcrafted burgers cooked to order using fresh, locally sourced ingredients. They also have a cupcakery for those with a sweet tooth.
    https://www.wickedfreshburgers.com/ - ONE OF OUR FAVORITES!!!

  11. China Chef In North Conway - Great Chinese food and friendly people.  Takeout only - ONE OF OUR FAVORITES!!!
    https://chinachefconway.com/

  12. Shalimar of India - Delicious Indian food!  Owned and operated by very nice people who will take great care of you! ONE OF OUR FAVORITES!!!
    https://www.shalimarofindianh.com/

These are just a few of the many great dining options in North Conway. Each restaurant has its unique charm and specialties, making them worth a visit whether you're a local or just passing through!

Comments

  1. No comments. Be the first to comment.

Conway Scenic Railroad

Conway Scenic Railroad: A Journey Through Time

Set against the stunning backdrop of the White Mountains, the Conway Scenic Railroad is more than a train ride – it's a trip back in time. So, how did this iconic railroad come to be? Let's chug along the timeline.

The Beginnings: The Age of Steam

The story of the Conway Scenic Railroad starts in the late 19th century. The railroads were expanding rapidly across the United States, and New Hampshire was no exception. The Portsmouth, Great Falls & Conway Railroad reached North Conway in 1872. It was a time when steam locomotives were king, and the railroad was the lifeline for towns in the region.

These early trains played a crucial role in the development of the White Mountains as a tourist destination. They brought in visitors from all over, eager to experience the natural beauty of the area. The railroad also supported local industries like logging and granite quarrying.

Transition and Decline

Fast forward to the mid-20th century. The advent of automobiles and improved road networks began to overshadow rail travel. Passenger service on the Conway line was discontinued in the 1960s, mirroring a nationwide decline in railroad travel.

A New Chapter: The Birth of the Conway Scenic Railroad

Just when it seemed like the tracks would fall silent, something remarkable happened. In 1974, a group of rail enthusiasts, led by Dwight Smith, decided to revive the rail line as a tourist attraction. They purchased the North Conway station and some track, and the Conway Scenic Railroad was born.

Preservation and Restoration

What sets the Conway Scenic Railroad apart is its dedication to preserving railroad history. The beautifully restored North Conway station, a Victorian-era masterpiece, serves as a portal to the past. The railroad operates both steam and diesel locomotives, and its collection of historic passenger cars adds to the charm and authenticity of the experience.

The Experience Today

Now, the Conway Scenic Railroad offers several excursions that cater to all sorts of train buffs. Whether it's a leisurely valley trip to Conway, a more extended excursion to Bartlett, or the majestic journey through Crawford Notch, each ride offers breathtaking views and a glimpse into history.

More Than a Train Ride

The Conway Scenic Railroad is a vital part of the North Conway community. It's not just a tourist attraction but an educational resource that offers a hands-on experience of a bygone era. It plays a significant role in local events and celebrations, keeping the rich heritage of the region alive.

Looking Ahead

As we look to the future, the Conway Scenic Railroad continues to evolve, adding new experiences and maintaining its commitment to preserving history. It stands as a testament to the enduring appeal of rail travel and the importance of preserving our past.

So, there you have it – the story of the Conway Scenic Railroad. It's more than just a train ride; it's a journey through the history and heart of the White Mountains. Next time you hear the whistle blow and the wheels chug along those historic tracks, you'll be riding a piece of living history.

Comments

  1. No comments. Be the first to comment.

Safer Stays in 2024: 10 Essential Safety Checks for Your Vacation Rental

As 2024 begins, do a quick check on some of the basic items in your vacation rental.

Here are some key points to check:

  1. Smoke and Carbon Monoxide Detectors: Ensure they're functional and batteries are fresh.  
  2. Fire Extinguishers: Accessible and up-to-date fire extinguishers in key areas.  **Buried deep in a kitchen cabinet doesn't count!
  3. First Aid Kit: Stocked with essentials and easily accessible.
  4. Emergency Exits: Clearly marked and unobstructed.  Here is some additional information on egress requirements in NH.
  5. Security Features: Check locks on doors and windows.  Also, make sure exterior lighting is working.
  6. Safe Electrical Wiring: Inspect for exposed wires or overloaded sockets.
  7. Child Safety: If applicable, provide safety gates, outlet covers, and secure furniture.
  8. Pool/Area Safety: If there's a pool, ensure it has proper fencing and safety equipment.
  9. Local Emergency Information: Provide guests with local emergency contacts and hospital locations.  Make sure the home address is also listed in the property & clearly visible on the exterior.
  10. Maintenance Check: Regularly inspect for any hazards like loose railings or slippery surfaces.

Here are a couple pictures of the Life Safety Self Inspection Checklist from the town of Conway.

16-30 of 22 Posts