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Homes Under $200,000 in the Lakes Region

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Posted 10-28-2014 at 09:25 AM by Roy Sanborn

Homes Under $200,000 in the Lakes Region

Homes Under $200,000 in the Lakes Region. There were 96 homes sold in September 2014 in the twelve communities covered by this Lakes Region Real Estate Market Report. The average selling price came in at $316,720 and the median price point was $204,750. Last September there were 104 sales at an average of $406,327 with a median price point of $201,000.
For the first nine months of 2014 there have been 726 residential home sales at an average of $315,976 compared to 782 sales at an average of $300,284 for the same period in 2013. We are headed in the wrong direction….

So what can you buy for a home just under the $200,000 mark? There sure is a lot out there to look at, but here are a few selections just to get you started…

Over at 69 Chapin Terrace in Laconia you’ll find a cute 1,502 square foot ranch built in 1985 with three bedrooms, one and three quarter baths, a large living room with a fireplace, a well appointed eat in kitchen, plus a family room and office in the basement. The home sits on a level .4 acre lot with a great back yard, a large deck, a two car garage, and Opechee water views across the street. The home is assessed at $212,200 and is being offered at $198,000. This home is located on a quiet dead end street in a great neighborhood so it may well be worth a look.

There’s a 1955 vintage ranch at 98 Kimball Road in Gilford which has had many updates in the past few years including vinyl siding, new roof, furnace, hot water heater, and replacement windows. This home has 1,412 square feet of living space with three bedrooms, one bath, a living room with hardwood floors, fireplace, and lots of built in shelving. The kitchen has plenty of storage, new appliances, and tile floors. This home sits on a one acre lot with mature perennial gardens. It is priced at $198,000. I remember a time when you could not find a home in Gilford for under $200K!

At 45 Brigham Street in Laconia you’ll find a 1,730 square foot raised ranch that was built in 2006 on a .85 acre lot at the very end of the street. This like new home has three bedrooms, two full baths, and a lower level man cave space where you can watch the Patriots on Sunday. The main level has an open concept living and an eat-in kitchen area that sports stainless steel appliances and nice cabinetry. There’s a one car garage under and workshop area. The low maintenance vinyl exterior coupled with a small yard will ensure you spend more time in the man cave or out hunting and foraging. This home is priced at $199,000.​

Finally, up at 229 Chestnut Drive in Gilford, there is an immaculate, 1,820 square foot, three bedroom, two bath cape with awesome Winnipesaukee views. This open concept home was built in 2004 and has beautiful exotic hardwood floors, a kitchen with maple cabinetry, a large living room with cathedral ceilings, fireplace, and a wall of windows and sliders that lead out to the large deck. Upstairs is a loft/office area and a huge unfinished bonus room. The basement provides ample storage or future expansion possibilities. There’s really no lawn to mow so this low maintenance yard will free up your time so you can enjoy the beach. This home is priced well below the tax assessed value of $229,620 at $199,900.

Data compiled using the NNEREN MLS System
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