https://www.winnipesaukee.com/forums/blog.php?u=19131 Dedicated to Lake Winnipesaukee and the Lakes Region of New Hampshire en Sat, 14 Nov 2026 09:09:55 GMT vBulletin 60 https://www.winnipesaukee.com/forums/images/misc/rss.jpg https://www.winnipesaukee.com/forums/blog.php?u=19131 https://www.winnipesaukee.com/forums/blog.php?b=351 Thu, 27 Jun 2013 13:58:51 GMT Image: http://i1063.photobucket.com/albums/t520/rocherealtygroup/rochelogoJPGsmallCustomCustom.jpg Image: http://www.rocherealty.com/blog/wp-content/uploads/2013/06/gus_benavides.jpg *Meredith, NH*- Frank Roche, President of Roche Realty Group, Inc., with offices in Meredith and Laconia,...



Meredith, NH- Frank Roche, President of Roche Realty Group, Inc., with offices in Meredith and Laconia, NH, has announced that Gus Benavides of Gilford has recently joined the real estate firm. He will be a part of the Meredith office’s team located at 97 Daniel Webster Highway.

Gus was born in Salem, MA and attended Salem State University, majoring in business with a concentration in finance. Gus and his wife Colleen are proud parents of three children all whom attend or attended the Gilford School System.

As a twenty year resident of Gilford, Benavides has worked in the customer service industry for over 25 years with one of New England’s largest companies. He is a three-term selectman for the Town of Gilford (currently serving), a representative to the Budget Committee, the Laconia Airport Authority, and the Historic District in Gilford. Gus was also a member of the Gilford Rotary Club and is a member Grace Capital Church in Laconia. Additionally, he is a member of the Winnipesaukee Yacht Club and is an avid boater on Lake Winnipesaukee.

Frank Roche commented, “we are very pleased to have Gus affiliated with our real estate organization. He adheres to strong ethical standards, has a 25-year background in the customer service industry where he knows the importance of listening, to follow up with clients’ specific needs. Additionally, he is one of the hardest working guys you’ll find, and he gives back so much of his time to the Town of Gilford in his capacity as Selectman and serving on various committees. Gus is determined to be one of the best REALTORS® out there in the Lakes Region, and I’m sure he will accomplish his goals.” ]]> Roche Realty Group https://www.winnipesaukee.com/forums/blog.php?b=351 https://www.winnipesaukee.com/forums/blog.php?b=344 Mon, 03 Jun 2013 14:27:23 GMT Image: http://i1063.photobucket.com/albums/t520/rocherealtygroup/rochelogoJPGsmallCustomCustom.jpg The most common question I’m asked today is “How’s The Real Estate Market?” Image: http://www.rocherealty.com/blog/wp-content/uploads/2013/05/5-29-13-featured2.jpg The most common answer I...

The most common question I’m asked today is “How’s The Real Estate Market?”



The most common answer I give is “Busy”. Last week alone, Roche Realty Group had 16 pending sales with a few more out there that didn’t make the list. Our company sales are up over 61% year to date. What that clearly means is that there is activity in the Real Estate Market – a lot of activity.

But what does that mean to you, the consumer or seller? As I learned when I studied statistics a long time ago, you can prove anything you want by interpreting the numbers and adding spin to get the results as you want. Although, today there are some pretty straightforward trends or market characterizations. These are my feelings as to where we are now:

1. Real Estate is selling- the number of transactions is up.

2. Not all Real Estate is selling- activity in Luxury and Shorefront has been tepid at best and selling price points are lower.

3. Prices are down. – People are reentering the Real Estate Market, but they are shopping for deals. There are a LOT of nice houses out there available in the $100.000 to $250,000 price range. This was unheard of a few years ago.

4. Inventory levels in certain segments of the market are clearing out and adjusting to the market – the average sale price for waterfronts YTD is just over $900,000. There is very little Lake Winnipesaukee waterfront inventory left in the $500,000 to $800,000 range- the most recent active price points. (If you own one of these, call me I need you listing)

The short and simple summation – right now we are selling more property for lower prices. What this means is that the Market has finally somewhat adjusted to the economic conditions. One of the reasons I believe this is happening is that the so called housing bailout (which never happened as the banks didn’t lend the money the Feds gave them to homeowners as they were supposed to, but used it instead to line their already deep pockets) prevented the clearing out of excess inventory in a reasonable time frame by giving people false hope of help with their underwater loans. They now are getting out, pricing at the market, and taking their losses. Other factors are that sellers are finally realizing that the market is what it is and that even if they have $500,000 invested in a home, in today’s market it won’t sell for say $250,000. Real Estate is a market just like other markets. If you paid $700 for Apple stock, it’s only worth around $450 today.

Bad news for some is good news for others. The good news is that people are buying!! Properly priced homes are selling. If you need or want to sell your home, now is the best time in years to put it on the market. If you have owned your home for a while and bought before the bubble, you can still expect to see a return on your investment. The other good news is that it is a great time to buy. The perfect storm of low prices and really low interest rates makes home ownership more affordable than anytime I can remember. In 20 years people will look back and say “remember the 2010’s when the interest rates were in the 3%’s and real estate prices were so low –WOW!”

The quick takeaways here are:

PEOPLE ARE BUYING REAL ESTATE

IF YOU NEED TO SELL, PROPERLY PRICED HOME ARE SELLING

IF BUYING A HOME MAKES SENSE FOR YOU – CONGRATULATIONS! YOU ARE NOW ABLE TO TAKE ADVANTAGE OF A PERFECT STORM OF LOW PRICES AND HISTORICALLY LOW INTEREST RATES.

Post written by Kim Cedarstrom.
Kim Cedarstrom is a licensed residential and commercial Realtor© and consultant and president of Great Northern Real Estate and Business Consultants, an affiliate of Roche Realty Group offering a lakefront/residential real estate practice as well as commercial property and business sales services. Kim can be reached at kcedarstrom@rocherealty.com or directly at 603-520-6609. ]]> Roche Realty Group https://www.winnipesaukee.com/forums/blog.php?b=344 https://www.winnipesaukee.com/forums/blog.php?b=343 Fri, 31 May 2013 13:42:32 GMT Image: http://i1063.photobucket.com/albums/t520/rocherealtygroup/rochelogoJPGsmallCustomCustom.jpg Everyone has dreams. Own your own business, maybe a restaurant. Live in a beautiful area. How about combining the two – own your own restaurant in the Lakes Region of New Hampshire! Owning a...

Everyone has dreams. Own your own business, maybe a restaurant. Live in a beautiful area. How about combining the two – own your own restaurant in the Lakes Region of New Hampshire! Owning a restaurant is a common dream. Most folks love the social aspects of the restaurant scene- the interaction with people in a good times atmosphere, the satisfaction of serving customers well, the opportunity to run a business with family and of course the FOOD. Here in the Lakes Region our tourist based economy provides a great incubator for food based service industries. The Lakes Region has many eating establishments that run the gamut of tastes and service. In Meredith, at last count, we have over 25 places where you can get something to eat ranging from McDonald’s to lovely fine dining restaurants; this in a town of 7000 year round people. To show how crazy the business can be, foodie heaven Portsmouth has 22,000 residents and 25,000 restaurant seats.


Mame’s Restaurant, Meredith, NH

If owning a restaurant is your dream, where do you start? There are two basic paths to take: start your own or buy an existing business. Starting from scratch may be necessary if your plan is to be theme based or unique and there are no existing same theme restaurants for sale in the area you want to be. For instance, if you want to own a specialty pub (say Irish or Brew Pub) and there are none for sale in your target area, you would have to start from scratch. There are plusses and minuses to everything, and there are as well with from starting with a blank piece of paper. Positively, you will get a physical plant specific to your needs and you will be able to tailor the design to your specific theme. You also will get a new plant with new furniture, fixtures and equipment. Everything will be shiny and clean and will work. Negatively, you will pay for this privilege in terms of time and money. Starting from scratch requires design work, engineering, and city and state licenses and approvals. Not to mention construction headaches. But the big thing here is you get what you want where you want it.
The other route to take is the fastest, cheapest and most direct way to owning your own restaurant – buy either the existing assets or the entire business of an existing establishment. Here all the heavy lifting has been done. You skip all the planning approvals, licensing, and build out issues – you just basically take the keys and drive the car. Granted, it’s not that simple. You’ll probably want to do some renovation and establish your new menu, but if the restaurant is successful as is you don’t have to even do that. In the past, buying a business required paying a premium for the business itself if it was throwing off cash flow (I covered how businesses are priced in a previous article). Today however the dips in the economy and certain circumstances have conspired to offer opportunities where you can buy restaurants and pay only for the real estate, furniture, fixtures and equipment.
Recently, partnering with Lynn Bonneau, I put the former William Tell Restaurant under agreement. The buyers are experienced restaurant folks who will be open soon with a new theme and the future looks good for them. This property sold as Real Estate and assets only and was a very good value. Also, currently I am acting as a consultant for the sale of a restaurant in Portsmouth. This is a very successful business and will be purchased as going concern of the business only with no real estate. The buyers are paying for the business as well as the furniture, fixtures and equipment and the cash flow fully justifies the price. These are two different types of sales, placing value on different things – real estate, furniture, fixtures and equipment at the William Tell and cash flow in the other.

Right now, I have some great listings that demonstrate the different possibilities available:



Mames Restaurant ( MLS# 42259943 ) has been in business for over 30 year and is a landmark in downtown Meredith. The owner is retiring and this is a great opportunity to step in and take this to the next level. Mames’s is offered as a collection of assets and real estate only and is priced at a reasonable $599,000.00 – pretty much the value of the real estate alone! If you have the restaurant bug, you shouldn’t miss this opportunity!



The Meredith Coffee House ( MLS# 4215095 ) is a fully renovated operating breakfast and lunch restaurant and bakery located on the very busy DW Highway in Meredith. There is great opportunity to expand this business and grow it into your dream. Listed for $329,000 for the real estate and negotiable for the furniture, fixtures, and equipment, this can be your chance to make this your own.

Have a great idea or concept for a large scale restaurant? I have a great location available for your concept. 2 Lily Pond Road in Gilford has over 300 feet on scenic Lily Pond at a four way stop light on one of the heaviest traveled roads in Central NH with more than ample parking. There are just less than 2 acres and an existing set of buildings with a 2400 sq. ft. Post and Beam front building attached to a 5600 sq. ft. steel building. You will start from scratch and can make this site into the restaurant of your dreams.

So, if you are considering buying, starting, or selling a restaurant give me a call at (603) 520-6609.

There are many opportunities available, but there are also many pitfalls. We can provide consulting for startups, purchasing, or selling the restaurant of you dreams helping you get where you want to be with the least hassle and expense. Buying a restaurant is a big deal and is not like just buying a piece of real estate. We know the business of restaurant sales. Make sure you know what you are buying or selling and get what you want – contact me to start LIVING THE DREAM.

By Kim Cedarstrom Commercial and Residential Realtor® e-mail: kcedarstrom@rocherealtygroup.com
Kim Cedarstrom is a licensed residential and commercial Realtor© and consultant and president of Great Northern Real Estate and Business Consultants, an affiliate of Roche Realty Group offering a lakefront/residential real estate practice as well as commercial property and business sales services. Kim can be reached at kcedarstrom@rocherealty.com or directly at 603-520-6609. ]]> Roche Realty Group https://www.winnipesaukee.com/forums/blog.php?b=343 https://www.winnipesaukee.com/forums/blog.php?b=341 Thu, 30 May 2013 14:03:08 GMT Image: http://i1063.photobucket.com/albums/t520/rocherealtygroup/rochelogoJPGsmallCustomCustom.jpg Image: http://www.rocherealty.com/blog/wp-content/uploads/2013/05/5-29-13-featured.jpg Many moons ago, on the northern shores of this beautiful lake, lived a great chief named Wonaton. ...



Many moons ago, on the northern shores of this beautiful lake, lived a great chief named Wonaton.

Wonaton was renowned for his great courage in war and for the beauty of his fair daughter Mineola. She had many suitors but refused them all. One day, Adiwando, the young chief of a hostile tribe to the south, hearing so much of the fair Mineola, paddled over the lake and fearlessly entered the village of his enemies. Wonaton happened to be away at the time, and, admiring his courage, the rest of the Indians did not harm him. Before long, he and the Indian made were desperately in love with each other. Wonaton, on his return, was exceedingly wroth to find the chief of the enemy in his camp and a suitor for the hand of his daughter, so much so, that he immediately raised his tomahawk and started to kill Adiwando.

Mineola, rushing between them, pleaded with her father for the life of her lover, and finally succeeded in reconciling them. After the wedding ceremony, the whole tribe accompanied the two lovers in their canoes half-way across the lake. The sky, when they started, was overcast and the waters black, but just as the Indians were about to turn and leave them, the sun came out and the waters sparkled around the canoe of Mineola and Adiwando.

“This is a good omen,” said Wonaton, “and hereafter these waters shall be called “Winnipesaukee” or “The smile of the Great Spirit.”

Author Unknown

Lake Winnipesaukee

Area: 44,568 acres
Max Depth: 187 feet
Shoreline: 240 miles
Location: Alton, Center Harbor, Gilford, Laconia, Meredith, Moultonborough, Tuftonboro, Wolfeboro.
Info: Lake Winnipesaukee is NH’s largest and most famous lake. It has 72 square miles of surface Area, 274 islands and approximately 625 billion gallons of water! Its length is 22.9 miles and its width is 7.5 miles and its average depth is 62 ft. It is very popular lake for all water sports, with many lakeside restaurants dotting its Shoreline. Lake Winnipesaukee is the 6th largest natural lake completely inside US boarders. The largest island on the lake is Long Island (1,186 acres), followed by Bear Island (780 acres), Cow Island (522 acres) and Governors Island (504 acres).

Click HERE to see homes available on Lake Winnipesaukee!


Post added by Joe Sullo, Realtor
(617) 851-0354 (603) 279-7046 | jsullo@rocherealty.com ]]> Roche Realty Group https://www.winnipesaukee.com/forums/blog.php?b=341 https://www.winnipesaukee.com/forums/blog.php?b=339 Wed, 22 May 2013 19:41:31 GMT Image: http://i1063.photobucket.com/albums/t520/rocherealtygroup/rochelogoJPGsmallCustomCustom.jpg Post Written By: Kim Cedarstrom licensed Residential and Commercial Realtor® e-mail: kcedarstrom@rocherealty.com The chance to own a waterfront vacation home may seem out of reach...
Post Written By: Kim Cedarstrom licensed Residential and Commercial Realtor®
e-mail: kcedarstrom@rocherealty.com


The chance to own a waterfront vacation home may seem out of reach if you only look at the upper end of the price spectrum where the prices for Lake Winnipesaukee waterfront homes can reach the six million plus range, but there are alternatives. In fact to date this year there have only been twenty six homes sold on the big lake and the average selling price was in the mid $900,000’s. I grant you that’s a lot of money, but it is down considerably from recent highs. So, if you are looking for a Winni lakefront home, now is a good time to buy, especially with interest rates now as low as in the 3%‘s.

But the point of this article is that there is another alternative if you are looking for a vacation home here in the Lakes Region. It’s called a “camp”. In the “old days” (my misspent youth) almost all the structures built on the lakes were seasonal rustic “camps”. They were built to use only in warm weather and were not winterized. Most of these were torn down and replaced with large year round homes during the boom times of the 1980’s and 90’s. However there are still a few left around. They are mostly on the smaller lakes and offer a taste of how life was back in the days of yore and are surprisingly affordable.

Recently, I was able to revisit the past at one of our listings on Lake Waukewan at 133 Waukewan Road in New Hampton MLS#4225391. LakeWaukewan is a beautiful deep clean lake-so clean that is the town of Meredith’s water supply. This “camp” sits on the northern shore of the lake with a great view down the lake. As with most “camps”, there is tons of charm and history that goes with the property. As with most camps, this one grew “organically” as more space was needed. The main part of the camp is a converted boat house built in 1890 and later moved to the current site. A sleeping porch was added over the years. The water is crystal clear with 140 feet of frontage. The words “rustic” and “charming” aptly describe this property. If you want luxury, this ain’t it; but if want a great place to enjoy the summer in your own place and can “camp out” for the summer this place is ready to give your family great times and wonderful memories. Best of all, the price for this is a $369,000 asking price.

So, if you are considering a vacation home here in the beautiful Lakes Region of New Hampshire; consider all the alternatives. Maybe a “camp” is right for you.

Kim Cedarstrom is a licensed residential and commercial Realtor© and consultant and president of Great Northern Real Estate and Business Consultants, an affiliate of Roche Realty Group offering a lakefront/residential real estate practice as well as commercial property and business sales services. Kim can be reached at kcedarstrom@rocherealty.com or directly at 603-520-6609. ]]> Roche Realty Group https://www.winnipesaukee.com/forums/blog.php?b=339 https://www.winnipesaukee.com/forums/blog.php?b=337 Wed, 08 May 2013 17:56:28 GMT Image: http://i1063.photobucket.com/albums/t520/rocherealtygroup/rochelogoJPGsmallCustomCustom.jpg Posted written by Frank Roche, President, Roche Realty Group, Inc. *Meredith, NH*—During the period 1/1/2013 to 5/3/2013 Roche Realty Group, Inc. experienced a 61% increase in total sales volume...
Posted written by Frank Roche, President, Roche Realty Group, Inc.

Meredith, NH—During the period 1/1/2013 to 5/3/2013 Roche Realty Group, Inc. experienced a 61% increase in total sales volume compared to the same period during 2012, according to Frank Roche, president of Roche Realty Group, with offices in Meredith and Laconia. “We are very pleased with the encouraging sales activity we have experienced this past winter and into the spring months. It certainly is a great indication that the market is improving and that many individuals are finding some great values out there in the marketplace.” Roche indicated the company had total sales volume of $30,659,408 involving 104 transaction sides. This sales volume resulted in Roche Realty Group being ranked as the #10 real estate firm in the state of New Hampshire in total sales volume for that period of time. “There are hundreds of real estate firms throughout the state of New Hampshire and this is a great testimonial to our individual Realtors® success, to be ranked so high in the state of New Hampshire. Our company was one of the top 3 independent real estate companies in the entire state of New Hampshire.”
During 2012 the company had gross sales of approximately $80,000,000 involving 305 transaction sides, which represented at that time a 17% increase in unit sales over the previous year. At the current time, the company has almost 60 pending sales ready for closing, which is another great indicator that the year 2013 is off to a very good start.
On the waterfront side, sales activity on Lake Winnipesaukee has been steady, however not exceptional year-to-date. Year-to-date there has been a total of 24 waterfront sales on the “Big Lake,” including all towns, with the highest sales price thus far at $2,350,000. The majority of the sales year-to-date (17 sales) have been selling below the million dollar mark, and it appears we are below our average selling price of last year, so far year-to-date. This is a good sign for buyers—those who have engaged into the marketplace have acquired some very substantial assets at attractive pricing. “With governments throughout the world increasing the money supply, interest rates at record low levels, and a stock market that just broke through 15,000 on the DOW, we are seeing a very strong interest from individuals looking for attractive hard assets that can be levered with low financing costs. The end result of countries printing money generally turns out inflationary, and investments in quality real estate work well during periods of rising inflation.” Roche indicated that Roche Realty Group had the highest number of transaction sides of closed sales on Lake Winnipesaukee year-to-date (10 transaction sides) from 1/1/2013 to 5/6/2013 for all towns on Lake Winnipesaukee. Data was pulled from the Northern New England Real Estate Network MLS system and Roche Realty Group was in the #1 position in unit sales activity for Lake Winnipesaukee properties compared to all state-wide offices. At least we’re at a good start for the first four months of the year and all of us at Roche Realty Group are looking very optimistically for a strong finish as we approach the summer selling season. ]]> Roche Realty Group https://www.winnipesaukee.com/forums/blog.php?b=337 https://www.winnipesaukee.com/forums/blog.php?b=329 Thu, 02 May 2013 14:34:59 GMT Image: http://i1063.photobucket.com/albums/t520/rocherealtygroup/rochelogoJPGsmallCustomCustom.jpg Image: http://www.rocherealty.com/blog/wp-content/uploads/2013/04/4-30-13-goodhue-commercial-e1367331580131.jpg *Laconia, NH*—A historic former hosiery mill located at the dam at 151 Elm...



Laconia, NH—A historic former hosiery mill located at the dam at 151 Elm Street in Laconia has recently been sold. The brick and clapboard, four story structure was built in 1890 and underwent extensive renovations in the year 2000. John Goodhue of Roche Realty Group in Meredith represented the buyer, Centrex Corporation of Amesbury, Massachusetts. Steve Weeks, Jr. of Weeks Commercial represented the seller in the transaction. The building included approximately 8,532 sqft. of usable space on four floors. The building included a freight elevator, plus an office and 1,800 sqft. apartment on the top level with a deck overlooking the scenic dam in Lakeport, which connects Paugus Bay of Lake Winnipesaukee to Lake Opechee. The building sits directly on the waterway connecting the two lakes and was used for manufacturing and warehouse space. According to Goodhue, Centrex Corporation is a packaging and labeling firm, owned by Diana Goodhue, which will be relocating to the Lakes Region. Roche Realty Group has been a leader in commercial, business, land, condominium, and subdivision development throughout the Lakes Region, and has a published significant sales report contained on their website www.RocheRealty.com. ]]> Roche Realty Group https://www.winnipesaukee.com/forums/blog.php?b=329 https://www.winnipesaukee.com/forums/blog.php?b=326 Tue, 30 Apr 2013 14:16:49 GMT Image: http://i1063.photobucket.com/albums/t520/rocherealtygroup/rochelogoJPGsmallCustomCustom.jpg Image: http://www.rocherealty.com/blog/wp-content/uploads/2013/04/4-24-13-windswept_island.jpg Lake Winnipesaukee… home to over 72 square miles of immense beauty. When you ask most people...



Lake Winnipesaukee… home to over 72 square miles of immense beauty. When you ask most people about their favorite experience on the lake, they usually respond with memories of shimmering red sunsets, evening boat cruises to Meredith, or hot summer days anchored in one of the many protected coves. It is easy to see why it has become such a sought after destination. For me however, the lake has provided something beyond its natural beauty.

Growing up in the lakes region, I had spent most of my summer days playing along the shores of the many surrounding lakes. Having grown up in the real estate world, I was fortunate enough to visit most every nook and cranny the big lake had to offer. On one particular sunny day, we decided to spend an afternoon docked at Windswept Island. True to its name and no more than 120 ft across, this island sat looking over the most expansive part of the lake. Even in the heat of the summer, there was a constant cool breeze that lapped the shores of the island.
Over time, this little island became a continued hot spot for our boating destinations. However, it was neither the gorgeous views nor the cool breeze which kept us coming back. It was the feeling of getting away from it all that stuck the most. Even though we were just a few miles from mainland, this little island provided the sense of being on a mini vacation; just far enough away to make even simple obligations fade from the back of your mind.

Naturally, my family decided island living was for us. By the time of my mid-teens, we had purchased a small cabin on Welch Island. Through many years of use, I have come to several conclusions that may help others in deciding whether an island property is right for them.

1. Unlike mainland waterfront, you only get the late spring to fall months of use.

2. Contrary to mainland waterfront which range from $450,000 to several million, island properties are far more affordable, with typically properties ranging between $250,000 to $450,000.

3. Outside of Black Cat Island, Long Island, Oak Island, Governor’s Island, Worcester Island and Christmas Island which are bridged, most island properties require a boat and a mainland boat slip or slip rental at a local marina.

4. Many island properties rely on lake water for showering and cooking, drinking water must be carried by person.

5. There are approximately 270 islands on Lake Winnipesaukee alone, obviously most are not habitable, but they provide a scenic landscape to the lake environment.

6. Most island properties provide ultimate privacy and serenity, compared to mainland living.

7. The water clarity is generally most favorable on the lake.

8. The wooded landscapes, with large undeveloped centers of the islands provide an ideal environment for hiking and exploring.

9. Many of the larger islands provide under- water electrical and telephone service.

10. Several of the larger islands have common parking/boat launch areas on the mainland.

Post written by Chris Roche, REALTOR®, GRI, CBR. Email: croche@rocherealty.com ]]> Roche Realty Group https://www.winnipesaukee.com/forums/blog.php?b=326 https://www.winnipesaukee.com/forums/blog.php?b=310 Fri, 19 Apr 2013 18:55:01 GMT Image: http://i1063.photobucket.com/albums/t520/rocherealtygroup/rochelogoJPGsmallCustomCustom.jpg Image: http://www.rocherealty.com/blog/wp-content/uploads/2013/04/4-19-13-post.jpg During 2012 we experienced a strong year for Lake Winnipesaukee waterfront sales. There were 123 waterfront...



During 2012 we experienced a strong year for Lake Winnipesaukee waterfront sales. There were 123 waterfront mainland homes sold (excluding island sales, condos, and land). This resulted in a 30% increase over the preceding year in unit waterfront sales, and our best year since 2007. The year was much more favorable than 2011, which showed only a 9.2% increase. If you count island property sales there were 130 total sales. With island property sales included, the average sales price for all towns amounted to $1,017,367, which increased from the average of $994,688 the previous year. Moultonborough recorded the most waterfront transactions with 42 sales at an average price of $924,131. Wolfeboro had the highest average sales price at $1,630,669 involving 13 transactions. The second highest community was Gilford at $1,486,792 with 12 transactions, followed by Tuftonboro in third place with $1,336,250 with 10 transactions. Alton on the other hand had the second highest volume in unit sales with 27 lakefront sales at an average sales price of $858,778. The unit numbers make sense when you consider that Moultonborough has a total of 66 miles of shoreline and Alton has approximately 33 miles of shorefront. These two towns have a lot of shorefront when you consider the entire coast of New Hampshire has only 12 miles of ocean-front. When you look at the entire “Big Lake” there are approximately 240 miles of shorefront. Wow—that’s a lot of homes when you consider how many homes can be built along just 1 mile of shorefront. It certainly shows that Lake Winnipesaukee is a very desirable location to park your boat and get a good night’s rest. We all know that Lake Winnipesaukee is an absolute gem…that’s probably why Lake Winnipesaukee, NH, was rated the #1 retirement place in the country under the category “Leisure living for recreational and cultural opportunities” (rated by MacMillan Travel-5th edition of Retirement Places Rated).

Roche indicated the market has been improving each year since 2008 and the numbers are showing some nice increases this year. The Lakes Region is within a 7 hour drive in excess of 50+ million people and the Baby Boom generation is 77 million strong. These demographics will propel us well into the future. Roche Realty Group has experienced a substantial increase in unit sales and sales volume in the year-to-date sales figures for 2013.

Roche Realty Group can be reached at (603) 279-7046 or (603) 528-0088, or through their website at www.rocherealty.com.

By Frank Roche, President, Roche Realty Group, Inc.

*The above figures were obtained from the Northern New England Real Estate Network (NNEREN) from 01/01/12 to 12/31/12 for waterfront owned excluding island, condo, and land sales. ]]> Roche Realty Group https://www.winnipesaukee.com/forums/blog.php?b=310 https://www.winnipesaukee.com/forums/blog.php?b=281 Mon, 25 Mar 2013 14:21:07 GMT Image: http://i1063.photobucket.com/albums/t520/rocherealtygroup/rochelogoJPGsmallCustomCustom.jpg Post written by Frank Roche, President, Roche Realty Group, Inc. Image: http://www.rocherealty.com/blog/wp-content/uploads/2013/03/pk-zyla-auctioneer.jpg On March 21, 2013 PK Zyla, a...
Post written by Frank Roche, President, Roche Realty Group, Inc.



On March 21, 2013 PK Zyla, a well-known auctioneer and Realtor®, and Roche Realty Group assisted the Lakes Region Chemistry-Free After-Prom committee in spear heading an auction at John Cook’s Mame’s in Meredith, NH. This important event is to raise money for the after-prom committee to give these young adults a safe place to go after the prom. The auction drew a very spirited crowd of over
75 people and raised over $6,300, far surpassing last year’s figure of $5,300. The auction also achieved an unprecedented 67 overbids which were prompted by the generosity of John Cook, who gave a $10 gift certificate with every overbid. A large number of local restaurant gift certificates were auctioned off, as well as certificates to local salons, fitness centers, area attractions, clothing, jewelry, gift baskets, overnight stays at local inns, and a cornucopia of other assorted merchandise. A good time was had by all and the committee is already working on next year’s fund raiser.

]]> Roche Realty Group https://www.winnipesaukee.com/forums/blog.php?b=281 https://www.winnipesaukee.com/forums/blog.php?b=279 Tue, 19 Mar 2013 15:18:48 GMT Image: http://i1063.photobucket.com/albums/t520/rocherealtygroup/rochelogoJPGsmallCustomCustom.jpg Post written by Frank Roche, President, Roche Realty Group, Inc. Image: http://www.rocherealty.com/blog/wp-content/uploads/2013/03/macdonald-welch-ganong-christmas-island.jpg The landmark...
Post written by Frank Roche, President, Roche Realty Group, Inc.



The landmark Christmas Island Resort located on the shores of Lake Winnipesaukee has recently been sold. John Ganong of Roche Realty Group in Meredith was the listing agent and Joe MacDonald and Steve Welch of Roche Realty Group in Laconia were the selling agents in the transfer of this 45-room motel consisting of several buildings along Weirs Boulevard in Laconia. The property included approximately 1,000 ft. of shorefront on Paugus Bay of Lake Winnipesaukee with 3.2acres and 16 individual docks along the lake.

This well-known family resort was constructed and owned by Phil Roux in the late 50’s and early 1960’s. The solid brick structures were enhanced with a beautiful level lakeside setting including natural sandy beaches, stonewalls and indoor heated pool. In addition to the docking, the resort included a boat launch, volley ball and shuffleboard courts. The grounds were beautifully landscaped. The property was connected to scenic “Pixie Island”.

According to John Ganong the listing agent, the seller of the property was Christmas Island Motel Corporation, Thomas Roux President. “Tom did a great job in operating and maintaining this fine resort for many years”. Ganong also mentioned that the Christmas Island Steakhouse, which is separate from the transaction, was not included in the sale. The steak house will continue to operate as it has for many years offering outstanding cuisine for everyone.

Joe Macdonald and Steve Welch, the selling agents for Roche Realty Group, indicated that the buyer of the property is Lakehouse at Christmas Island LLC. Romeo Lacasse along with Robert and Ralph Meisner are the developers and Ben Lacasse will be the project manager. The existing resort will be torn down. A new luxury 18-unit townhouse community will be called Lake House at Christmas Island. All of the townhomes will include top of the line new construction with modern amenities and energy conservation features throughout. This small community will be clustered along the 1,000 ft. shoreline of Lake Winnipesaukee. Each of the townhomes will feature panoramic views overlooking Paugus Bay on Winnipesaukee and will be sited along the shoreline with individual deeded boat slip included.

Frank Roche, president of Roche Realty Group said “this is real exciting news for the Lakes Region. Where can you find 18-new luxury townhouses, each with their own deeded boat slips sitting right on the water with 1,000ft of shorefront? New construction activity has been picking up all over the country and the timing of this waterfront community in the Lakes Regions could not be better. This is one of the largest resort sales that have taken place in the recent years here in our area and Roche Realty represented both the seller and buyers in the sale”.

The developers have an outstanding reputation for developing quality, custom-built homes and the buyer reviews have been exceptional. Roche Realty Group is very pleased to be associated with them again.

Pictured Left to Right Joseph Macdonald, Steve Welch and John Ganong of Roche Realty Group, Ben & Romeo Lacasse of Lakehouse at Christmas Island LLC, developers. ]]> Roche Realty Group https://www.winnipesaukee.com/forums/blog.php?b=279 https://www.winnipesaukee.com/forums/blog.php?b=278 Mon, 18 Mar 2013 13:57:09 GMT Image: http://i1063.photobucket.com/albums/t520/rocherealtygroup/rochelogoJPGsmallCustomCustom.jpg Post written by Frank Roche, President, Roche Realty Group, Inc. Image: http://www.rocherealty.com/blog/wp-content/uploads/2013/03/lacass-welch-mcdonald.jpg Romeo Lacasse, developer of Willow...
Post written by Frank Roche, President, Roche Realty Group, Inc.



Romeo Lacasse, developer of Willow Pond at Long Bay in Laconia on Lake Winnipesaukee announced the final home sale in this planned community. Joseph MacDonald and Steven Welch of Roche Realty Group, Inc., with offices in Laconia and Meredith, were the exclusive agents in the sale of all 26 homes. Willow Pond at Long Bay is surrounded by three spring fed ponds and abuts the NH State Forest and also has deeded access to Lake Winnipesaukee with two sandy beaches, a private pool, tennis courts and boat club on Winnipesaukee. Romeo Lacasse and his partners, Robert and Ralph Meisner are very proud of their accomplishments at Willow Pond. They commented that “this professionally planned and architecturally designed community of single family cape-style homes blend beautifully around the several ponds overlooking Winnipesaukee”.
Steve Welch and Joe MacDonald commented “considering we marketed this new community of fine homes during such a downturn in the real estate market we did well by selling all 26 homes, Willow Pond is now completely all sold out!”

The homes included 3-4 bedrooms, 3 baths with a 2-car attached garage. They ranged in size from 1,775-3,400 sq.ft. The prices generally ranged from approx. $325,000-$410,000. A large number of the homes were purchased as vacation properties and semi-retirement residences.

Frank Roche, President of Roche Realty Group indicated that the developers of Willow Pond are in the final stages of completing another fine community in Laconia called “Nature’s View at Paugus Bay” a 51-lot subdivision off Elm Street in Laconia, overlooking Paugus Bay. Roche Realty Group again, is the exclusive marketing agent for these affordable new homes. Nature’s View features 3-styles of homes with master bedrooms on the first floor that start at $219,900 and go to $239,900. Both Welch and MacDonald are the exclusive marketing agents and only have 13 remaining premium lots available.

With all the positive national articles coming out on real estate we see the year 2013 as being a great year for the completion of this fine community.

Pictured above in front of the last house sold at Willow Pond, left to right, Benjamin & Romeo Lacasse, project manager and developer of Willow Pond, Steven Welch and Joe MacDonald of Roche Realty Group, Inc. ]]> Roche Realty Group https://www.winnipesaukee.com/forums/blog.php?b=278 https://www.winnipesaukee.com/forums/blog.php?b=276 Tue, 12 Mar 2013 17:27:16 GMT Image: http://i1063.photobucket.com/albums/t520/rocherealtygroup/rochelogoJPGsmallCustomCustom.jpg Post By: Kim Cedarstrom Realtor / Consultant Roche Realty Group / Granite State Advisors. Contact Kim at: kcedarstrom@rocherealty.com The Northern Pass debate was featured in the...
Post By: Kim Cedarstrom Realtor / Consultant Roche Realty Group / Granite State Advisors. Contact Kim at: kcedarstrom@rocherealty.com

The Northern Pass debate was featured in the just arrived Yankee Magazine and brought me to think that there was some fodder for an article that might take a different look or at least discover another point of view based on a question I deal with all the time- What is land worth? As real estate professionals, one of our principle jobs is to provide pricing guidelines to clients who want to sell or buy properties and land. These guidelines are used to set asking prices and also to suggest offers for buyers. As with any business, the standard currency we use is dollars and cents. But is there another currency that might be placed on land? Another value?

Northern Pass is a highly charged topic here in New Hampshire, perhaps not so much here in the lakes region/central NH area, but certainly so in the North Country. A lot of those of us fortunate enough to have grown up here remember the lakes region as we now see the North Country-unspoiled and with a natural beauty unmatched anywhere. The growth in the Lakes Region was inevitable and unstoppable. With the opening of interstate 93 in the 60’s, we were only two hours from metropolitan Boston and its wealth and burgeoning population. The incredible natural beauty of our area and its accessibility to an affluent market created an unstoppable demand for vacation and waterfront homes. The undeveloped rural charm didn’t stand a chance against the development demand. We know looking back is futile, and being pragmatists, we welcome our new neighbors and the economic growth and dollars they brought with them.

To many of us the “North Country” is a euphemism for our past. When we pine for the old days, we can drive “North of the Notch” and still find the feel of the way it used to be. The unspoiled open tracts in our North Country are incredible and those folks who struggle to earn a living there are reminders of times past here- good and bad. The desire to preserve those qualities runs deep. Make no mistake; the North Country is a hard place to make a living. Economic pressures are difficult and I make no judgments as to the decision to sell their land or not.

My topic here is “What is the value of land?” Growing up here when farms were the norm and most everybody had a cow and a garden, I value open fields and undeveloped woods. Putting a dollar value on developed land is relatively straightforward. But what about the value of not seeing a power line running through and unspoiled wilderness? There is a mechanism that attempts to put dollar values on these called social cost accounting and I’ve studied it over time. This methodology is helpful in establishing values for views (or their loss), trees on boundary lines, and other quantifyable situations, but I feel it misses the point on larger scale concepts. One of the land owners cited in the Yankee article turned down four million dollars for his farm in Stewartstown. Is his farm worth $4,000,000? Obviously it was to Northern Pass, but not to him. A family I know well still farms in the town I grew up in and has constant financial pressure to maintain the operation. I asked them “why don’t you sell some land to ease the burden?” Their response was “then it would be ruined” To them their ties to the land owned by the family for generations was so strong that dollars and cents was not the currency they used in valuing their farm. The land is their legacy.

So, what’s the point? I would suggest that as you look to buy or sell property, you look at not just the standard transaction. What else is involved? Most property transactions are straightforward affairs and can be evaluated in dollars and cents, but others have an added element. Once a parcel is developed it becomes a commodity. It is then able to be priced and sold on the market like stocks and bonds, corn, and pig bellies. Undeveloped land has the aspect of being whole and unspoiled. Is the whole worth more than the sum of its parts? Many people believe so.

There are ways to preserve the state of property and still provide a return for it. Look into Conservation Easements; or if you are able, restrict the deed to limit development in the future. If you have the means, buy large undeveloped parcels and preserve them. Towns offer tax relief in the form of current use that can make holding larger parcel more economically feasible.

What is the value of land? To some it’s so many dollars an acre. To others it is beyond value.


Kim Cedarstrom is a licensed residential/commercial Realtor© and consultant and a principal in the Real Estate consulting firm GraniteState Advisors. After having spent a lifetime founding, operating, and selling businesses in the Lakes Region of New Hampshire, he now offers a lakefront/residential real estate practice as well as commercial property and business sales services. Kim can be reached at kcedarstrom@rocherealty.com or directly at 603-520-6609. Initial client conferences are always free of charge ]]> Roche Realty Group https://www.winnipesaukee.com/forums/blog.php?b=276 https://www.winnipesaukee.com/forums/blog.php?b=275 Thu, 07 Mar 2013 20:58:07 GMT Image: http://i1063.photobucket.com/albums/t520/rocherealtygroup/rochelogoJPGsmallCustomCustom.jpg Post written by Frank Roche, President, Roche Realty Group, Inc. Image: http://www.rocherealty.com/blog/wp-content/uploads/2013/03/stock-increase.jpg …The Dow Jones Industrial average surged...
Post written by Frank Roche, President, Roche Realty Group, Inc.



…The Dow Jones Industrial average surged to a record high this week climbing to 14.344, past the highs seen in 2007 just prior to the onset of the financial crisis.

…Europe shares hit their highest level since 2008.

…Bond yields are at record lows and cash rates are almost at zero.

…A strengthening economy and loose monetary policy by central banks around the globe have certainly pushed U.S. stocks much higher this year. It appears the Federal Reserve is striving for growth and is willing to accept high inflation.

Add to this:



…Mortgage rates are at record lows. The 30-year fixed rate is hovering just above 3.5% which is even lower than it was in 1949, the year it was born! I can remember back in 1981 when we were quoting rates at 18%.

…Real estate inventory levels are shrinking around the country. There are approximately 1.6 million homes for sale which is the lowest level since 2001. The end result is that prices are being driven up nationally, especially in some of the hardest hit areas of the market crash such as Phoenix and Las Vegas. We’re even seeing headline feature articles like last week’s Bloomberg Business Week “The Great American Housing Rebound.”

So what does all this mean?



Real estate is now perceived as the place to put your money. The #1 asset class with record low interest rates, low prices for all classes of real estate, and ultimately higher inflation on the horizon. Real estate through low cost leverage works as an outstanding inflation hedge. 2013 is shaping up to be a transition year. Now’s the time to engage the services of a qualified Realtor® and start your search. The rewards will be there in the future! ]]> Roche Realty Group https://www.winnipesaukee.com/forums/blog.php?b=275 https://www.winnipesaukee.com/forums/blog.php?b=271 Wed, 20 Feb 2013 19:38:25 GMT Image: http://i1063.photobucket.com/albums/t520/rocherealtygroup/rochelogoJPGsmallCustomCustom.jpg Post written by Frank Roche, President, Roche Realty Group, Inc. A few more things to research before you settle on your dream lake home: Image:...
Post written by Frank Roche, President, Roche Realty Group, Inc.

A few more things to research before you settle on your dream lake home:



Fishermen—know your lakes!
Visit the Fish and Game website (www.wildlife.state.nh.us), visit local bait and tackle stores, talk with the locals. All of the lakes are different. Lake salmon, rainbow trout, small mouth bass, brook trout, perch—there are so many “special spots” how do you find them on the charts? How about fishing derbies and ice fishing derbies as well as bass tournaments. Which lakes and when are they held? Also, who stocks the lake with fish and when?

Understand water depths.
Be informed and understand the difference between a gradual sandy beach or a drop off of 20 ft. right from the shoreline. What’s important: young children on a gradual sandy beach or teenagers who love to “dive in” to deeper water? Will a mooring accommodate your sailboat? Are there many rocks or outcroppings in the immediate area? How safe is the docking from the “prevailing wind”? Will a stone breakwater be necessary for safe docking while you’re away? How about boat lifts? Will access to your dock be difficult because of shallow rocks? Will you need a dredge permit? Try out the water front before you sign on the dotted line and see what the bottom feels like. Is it deep enough? I’ve had clients use an ice auger in the middle of the winter and drill a hole in the ice to see the depths and if it was a sandy bottom.



Research water quality and aquatic plant growth.
All lakes are different. Winnipesaukee’s deepest spot is 215 ft. Crescent Lake’s deepest spot is 15 ft. Millfoil and other invasive lake plant species can be found on many lakes and especially in shallow coves where there’s a lot of boating traffic or no circulation. Water clarity is often better in deeper sections of the lake or where there’s an active current. Newfound Lake has crystal clear waters generated from numerous underground springs and water inflow. “The Broads” of Lake Winnipesaukee are similar. Some sections of the lakes may have a brackish water color due to minerals in the water, logging, plant/tree decay, water circulation, etc. A good source for information is the NH Department of Environmental Services (www.des.state.nh.us) and the Lake Winnipesaukee Watershed Association (www.winnipesaukee.org) as well as www.winnipesaukeegateway.org. In any case, know the water quality and the best way is to try it out, walk around, feel the bottom, take a swim, and use a depth finder on your boat (a valuable tool). Extensive aquatic growth may be fine for naturalists, fishermen, kayakers, etc. but for swimming it can be a nuisance and take away from property values.

Don’t purchase a boat before your home.
I’ve seen some over anxious clients make this mistake. 1st Pick a lake that fits your lifestyle. There are 10 horsepower limitations on some small ponds and lakes. Pontoon boats are popular on some lakes, while 23-28 ft. boats and cabin cruisers might be preferred on larger/rougher lakes. Know the maximum size boat your dock will accommodate. Also check the permitting of the dock or mooring. Modifications or enlargement of the docking system made without obtaining the necessary local and state permits at the wetlands board—you don’t want to find out after the fact. Do your due diligence 1st with a qualified Realtor®.



Understand the difference between southwesterly exposure and northern or eastern exposure.
This is probably one of the most important issues for many buyers. Westerly exposure will add 3-4 hours of sunshine to your day—sometimes more—and will also extend warmer days as fall approaches. Blazing sunsets will also prevail. On the other hand, if you have fair skin and prefer to be out of the sun, cooler in the summer, and enjoy the sunrises and wake early, facing north or easterly might be the perfect solution. Also, where are the prevailing winds coming from? All important decisions.

In summary, rely on the experience of a professional Realtor® who specializes in the sale of all types of lake properties. At Roche Realty Group our professional Realtors® will make the process as effortless as possible with the ultimate goal your satisfaction. Let us help you make your lifetime dream become a reality. Enjoy those sunrises and sunsets, loon calls, gentle breezes, and the lapping of the crystal clear water with your family in this cherished lake environment. ]]> Roche Realty Group https://www.winnipesaukee.com/forums/blog.php?b=271