Can We Live On Winni for $450k?

[Sunbeam lodge]

Originally Posted by RTTOOL

ALSO keep a eye open in sands of brookhurst for a home if you can i sell you my for 550.

Are you selling or buying in Sands off Brookhurst?

[JasonG]

Darn, well it was a good dream while it lasted. Maybe in a few more years.

thank you!

[DesertDweller]

Originally Posted by JasonG

Darn, well it was a good dream while it lasted. Maybe in a few more years.

thank you!

My advice to you is to be patient. The stock market is through the roof and the interest rates are low so people don't seem to have a problem paying through the nose to get a house on the lake right now. We first looked at our place almost a year before we bought it (through foreclosure). Actually made an offer on a house that finally sold for less than what we offered.

[kauriel]

A 3-bedroom 2-bath home with 2-car garage was listed in Southdown Shores this week for $284,900.

[thinkxingu]

The Southdown Shores home looks nice, but $365/mth. HOA fees might change things--for that much, someone could swing a house almost $75K more. At 4% interest, the buyer would own something more valuable while spending the same money. Of course, there would be maintenance charges, increased taxes, etc. to consider, but, like condo fees, it's important to consider the whole picture.

[Biggd]

Originally Posted by thinkxingu

The Southdown Shores home looks nice, but $365/mth. HOA fees might change things--for that much, someone could swing a house almost $75K more. At 4% interest, the buyer would own something more valuable while spending the same money. Of course, there would be maintenance charges, increased taxes, etc. to consider, but, like condo fees, it's important to consider the whole picture.

Not to mention that Laconia's taxes are higher than most towns around the lake. Between the HOA and the higher taxes you could probably afford to go another 100K higher in a town like Meredith.