Tips for buying a home in the Lakes Region

Lakes Region NH

New Hampshire’s Lakes Region is an amazing place to own a home, whether it’s your primary residence, a secondary/vacation property, or a unit you monetize with short term or long term rentals.

Here are some tips to help you buy a home in the Lakes Region:

Single family home or condominium? Single family homes can be a good option for those seeking a primary, full-time residence, or buyers who anticipate that the vacation home will one day, perhaps after retirement, become the full-time, happily-ever-after home.

When you buy a single family home, it’s yours, all yours! You have lots of freedom to do as you wish with regards to things like landscaping and exterior. On the other hand, there’s a lot of responsibility associated with owning a single family residence, and that’s also yours, all yours. That grass isn’t going to mow itself for example, and someone’s got to clear the roof of heavy snow in the winter. Maintenance factors are especially important to consider if the home will be one you only visit periodically. New Hampshire weather takes a toll and a lot can happen between visits.

For those looking for more of a low-maintenance experience, a condominium is a great way to go. Most associations assume responsibility for landscaping, plowing, trash removal and building maintenance from the “studs out,” so you don’t have to worry about peeling siding paint or replacing an asphalt shingle roof that’s past life expectancy. That leaves more time for more Lakes Region enjoyment, with less responsibility and time consumption.

Further, condominium associations often feature attractive amenities that most single family homes do not: for example, a swimming pool is a great, convenient option when the lake is too cold or there isn’t enough time to get out on the open water. A shared beach is more affordable and trumps no beach at all, and kids will love visiting even more if there’s a good playground on site.

Understand the difference between “Lakefront” and “Water Access Communities.” There are many choices. Many people envision of a cozy lake cottage sitting right on the water on its own lot and lake frontage. There are however many alternatives that make a lot of sense. There are many fine “water access communities” throughout the Lakes Region that offer beautiful beaches, boat docking facilities, and other amenities like clubhouses, tennis courts, indoor/outdoor pools, etc., all at a much more affordable price point.

Research nearby amenities based on your lifestyle. If you’re a boater, ask: are there any marinas nearby? How far is the nearest boat launch, and what’s entailed?

Boater or not, we all eat. Is the nearest supermarket, convenience store or restaurant close enough for your liking? Finally, some parts of the Lakes Region offer rural settings and privacy, while others offer closer proximity to hospitals, pharmacies, home improvement and big box stores, and cultural activities like retail shopping, movie theaters, music venues and summer theatre.

Big vs. smaller lakes?
Winnipesaukee is great, but it’s not the only game in town. There are 273 lakes, rivers and ponds in the Lakes Region, offering a variety of personalities and price points for those whose motto might be: “for a great life, just add water.”

When choosing a location, ask yourself: are you seeking to avoid boat turbulence and prefer tranquility, quiet lapping of the waves? Or are you looking for a sizeable lake to explore? These are important considerations. With a multitude of lakes in the lakes region there are all sorts of choices available.

Are you looking for a quiet cove, or long range lake and mountain views? If you’re into heavy boating, Winnipesaukee certainly has an abundance of islands to explore and boat around, whereas some of the smaller lakes are perfect for kayaking, swimming, fishing and spending some quality time with your grandchildren on the beach.

Whether you’re looking for water frontage, views or access, these days it seems like the smaller the lake, the bigger the nearby home one can afford.

Consider a budget that maximizes relaxation, not stress.

For many, the whole point of owning a Lakes Region property is to enjoy quality of life. That can be tough to do when finances are stretched to the breaking point, so make sure your investment into a place to get away and relax doesn’t exceed the stress threshold.

The Lakes Region offers properties at a wide variety of price points from the palatial, multimillion dollar lakefront home to an economical condominium that doesn’t bust the budget.

For example, my listing at the Village at Winnipesaukee (178 Treetop Circle #114, Laconia / MLS# 4730503), offers a two-bed, two bath condominium for just $115,000, within walking distance to Weirs Beach, the Mt. Washington cruise port and the Winnipesaukee Scenic Railroad stop, and just minutes away from numerous restaurants and area attractions including the Bank of New Hampshire Music Pavilion for world-class concerts.

This property is an affordable, year-round, Lakes Region base camp perfect for adventures on Lake Winnipesaukee, family fun at neighboring Weirs Beach, exploring the White Mountains, and enjoying winter activities at nearby Gunstock Mountain Resort.

Centrally located between downtown Meredith and Laconia, this turnkey, low maintenance condo features peekaboo lake and mountain views and has been renovated with new carpet throughout, fresh paint, updated bathrooms and a new electrical panel. It also features a walk-out patio and spacious grassy area perfect for cookouts, and offers fantastic association amenities for the whole family including a saltwater in-ground swimming pool, tennis courts and a playground.

Brent Metzger is a Realtor® with Roche Realty Group. You can reach him at 603-229-8322 or brent@rocherealty.com. Learn more about Lakes Region properties for sale at www.RocheRealty.com.

Needs and Wants When Buying a Home Balanced

Balancing Needs and Wants When Buying a Home

In the current housing market, where choices are often limited, and demand frequently outstrips supply, ...
Read More →
Only two homes for sale at South Down Shores and Long Bay on Lake Winnipesaukee pictured above

Spotlight on Homes: New Hampshire Market Analysis

At present time, there are 1,007 single-family homes for sale in New Hampshire. The median ...
Read More →
New Hampshire Ranks High in Recent Studies

New Hampshire Ranks High in Recent Studies

Every day in our industry, we see how rising home prices have made it more ...
Read More →
South Down Shores Barn Complex Transformation

South Down Shores Barn Complex Transformation

In 1981, the transformation of Laconia’s scenic South Down Farm began, converting the former 126-acre ...
Read More →
Massachusetts and New Hampshire - a Tale of Two States

Massachusetts and New Hampshire – a Tale of Two States

Most of my articles talk about housing, trends, home values, and the desirable lifestyle we ...
Read More →
Spring flowers at the Belknap Mill in Laconia, New Hampshire

Spring Trends in Lakes Region Properties

It’s been one of those winters, or should I say lack of winters, that we ...
Read More →
Sales Snapshot: The Current Highest Prices Property For Sale in The Lakes Region Is on Governor's Island for $12,998,000

Sales Snapshot: New Hampshire’s Affordability Challenge

As we spring into March and approach our busy spring selling season, I thought I’d ...
Read More →
Gunstock Mountain in Gilford, NH

Gunstock: Gem of the Lakes Region

Nestled among the stoic peaks of the Belknap Mountain range in the heart of New ...
Read More →
Roche Realty Group Announces Top Producers for 2023

Roche Realty Group Announces Top Producers for 2023

Meredith — Frank Roche, president of Roche Realty Group, announced the top five producers for the ...
Read More →
AI and the Future of Real Estate

AI and the Future of Real Estate

Imagine, if you will, looking at a mysterious picture box filled with a whole world ...
Read More →
Prices rise Broadview Condominiums originally sold to the developer for $500,000

Prices Rise Ahead of Super Bowl Sunday

We’ve got a great match coming up for this year’s Super Bowl…The 49ers vs. the ...
Read More →
Smart Moves in Condominium Ownership Samoset

Smart Moves in Condominium Ownership

Here in the Lakes Region, a good part of our residential housing inventory is in ...
Read More →
Land Sales Unveiled: New Hampshire's 2023 Market

Land Sales Unveiled: New Hampshire’s 2023 Market

New Hampshire The Granite State… true to its motto, “Live Free or Die”, which encapsulates ...
Read More →
Exploring Cash Sales Dynamics in Lakes Region Real Estate

Exploring Cash Sales Dynamics in Lakes Region Real Estate

I was at a sales meeting at Roche Realty Group the other day, and we ...
Read More →
Roche Realty Meredith

Roche Realty Group Reports Over $150 Million in Sales

               Meredith- Frank Roche, President of Roche Realty Group, Inc., ...
Read More →
Lincoln, New Hampshire Riverwalk Resort

Lincoln, New Hampshire: From Mill Town to Ski Destination

Tucked in the heart of New Hampshire, sprawling across 131 square miles of varied terrain, ...
Read More →
Lakes Region Towns Stand Out For Their Spirit of Giving

Celebrating the Spirit of “Giving” in the Lakes Region

Nestled in the picturesque landscapes of New Hampshire, the Lakes Region stands out not only ...
Read More →
AI's Impact on the future of real estate

Real Estate’s Future: The Impact of AI

The other day, I was talking with my son Chris about the changes in the ...
Read More →
NH Lake Sales Activity - picture of lake with mountains and homes

Lakes Region Waterfront Sales 2022 vs. 2023

We’re getting near the end of the year, and I thought I would pull up ...
Read More →
Winter Snowmobile

Real Estate in a Winter Wonderland

As I drove around the other day with my kids, I was looking at some ...
Read More →
Toys for Tots Drive

Roche Realty Host Annual Toys for Tots Drive

As the holiday season approaches, Roche Realty Group is excited to announce the kickoff of ...
Read More →
Small Business Saturday New Hampshire

Small Business Saturday Living Gratefully in New Hampshire

We have so many things to be thankful for here in New Hampshire: plenty of ...
Read More →
Annie Brown Joins Roche Realty Group

Annie Brown Joins Roche Realty Group

Meredith — Frank Roche, President of Roche Realty Group, Inc., with offices in Meredith and ...
Read More →
Gunstock Mountain in Gilford, NH

Gunstock Upgrades for Winter as Real Estate Shows Resilient Growth

As the leaves of New Hampshire’s forests transition from the vibrant hues of fall to ...
Read More →
Preserving New Hampshire's Lakes

Preserving New Hampshire’s Lakes: A Community Effort

With over 250 lakes and ponds throughout New Hampshire’s Lakes Region, there are unlimited outdoor ...
Read More →
Home Inspections — The Uninspected Abode: A Spine-chilling Tale of Regret and Terror!

The Uninspected Home: A Spine-chilling Tale of Regret and Terror!

One night, not many years ago, in a quaint, somber town nestled amidst the haunting ...
Read More →
Interest Rates

Interest Rates Impacted by Treasury Yields

It looks like the national picture for housing stats has not improved in recent months; ...
Read More →
Local Housing Crisis: Challenges and Solutions

Local Housing Crisis: Challenges and Solutions

Our communities are facing a shortage of both residential and commercial properties, a scenario that’s ...
Read More →
Fall Splendor In New Hampshire

Fall Splendor in New Hampshire

New Hampshire in the fall is akin to stepping into a live canvas painting — ...
Read More →
Samoset Condominiums on Lake Winnipesaukee

Condominium Sales Surge in New Hampshire’s Lakes Region!

As we start entering October’s bright fall colors, I thought I’d take a look at ...
Read More →
Empowering your offer

Empower Your Offer in a Sizzling Real Estate Market!

As a seasoned real estate professional, I often consider the market conditions to keep myself, ...
Read More →
Reviews of New Hampshire's Lakes Region

Reviews of New Hampshire’s Lakes Region

We’ve had a great summer in New Hampshire’s Lakes Region, and we’re approaching the brilliant ...
Read More →
Waterfont Sales Activity Wolfeboro, New Hampshire

Waterfront Sales Activity in the Lakes Region

As we head into September, I have compiled data and insight into what is happening ...
Read More →
Labor Day Weekend

Labor Day Weekend in The Lakes Region

Labor Day Weekend has arrived, and the weather forecast for the Lakes Region looks fantastic, ...
Read More →
Interest Rates

The Mortgage Interest Rate Dilemma

This past week, we saw an increase in mortgage rates following a rise in bond ...
Read More →
Best State To Live In — New Hampshire at #3

New Hampshire 3rd Best State To Live In!

WalletHub just released its rankings of the best state to live in for 2023. It’s ...
Read More →
City/Town Comparison can make the research process easier

City/Town Comparison For Your Move

Some studies place moving to a new location as one of the top ten most ...
Read More →
New Hampshire Real Estate Lacks Inventory

New Hampshire Real Estate Inventory Crisis

A Multifaceted Analysis of Rising Interest Rates and Beyond New Hampshire is currently facing a ...
Read More →
Peaks of New England

Exploring the Peaks of New England

In my younger years in school, I always loved geography. Living in New Hampshire, there ...
Read More →
Climate Exodus: Insurance Companies Seeking Refuge from High-Risk Sates

Climate Exodus: Insurers’ Fleeing High-Risk States

Flooding, Forest Fires, Heat Waves, Tornados, oh my! The recent stretch of weather has certainly ...
Read More →
Real Estate News Headlines - Lakes Region NH

Real Estate Tidbits to Consider

Here are a few real estate tidbits I’ve pulled to keep you up to speed ...
Read More →
Roche Realty Group Sells out Lakeside at Paugus Bay

Roche Realty Group — 6 Months in Review

Closed sales for the first 6 months of 2023 have been impressive at Roche Realty ...
Read More →
Newfound Lake

Lakes Region Waterfront Sales Activity 6 Month Comparison

Below you will find data and insight into what is happening in sales activity on ...
Read More →
Buying Land

Buying Land in New Hampshire — Comprehensive Guide

New Hampshire, also known as the Granite State, offers a diverse landscape that includes picturesque ...
Read More →
Weirs Beach: A Tale of History, Community, and Natural Beauty

Weirs Beach: A Tale of History, Community, and Natural Beauty

As we celebrate the 100th anniversary of the oldest bike week in the country, let’s ...
Read More →
First Five Months of Lakes Region Real Estate

Five Months of Lakes Region Real Estate Activity

The month of May’s real estate statistics just came out for New Hampshire, and it ...
Read More →
A bird's eye view of Long Bay on Lake Winnipesaukee

South Down Shores and Long Bay on Lake Winnipesaukee — Its History

When construction started in 1981, Laconia’s South Down Farm offered a picturesque setting for condominium ...
Read More →
Memorial Day — rows of gravestones with flags in military cemetery

Memorial Day Weekend Arrives in the Lakes Region!

The long-anticipated Memorial Day weekend has arrived after a long winter, and the Lakes Region ...
Read More →
Unlike the dandelions new listings aren't popping up in the Lakes Region

Will Listings Start Bloom Like Dandelions?

Will Real Estate Listings Bloom Like Dandelions? During my rides around the Lakes Region, I’ve ...
Read More →
boat launch

Public Boat Launches in the Lakes Region

New Hampshire’s Lakes Region is a paradise for boating enthusiasts and we are now entering ...
Read More →

Leave a Comment