$3,995,000 - Wow...

[tummyman]

Current assessed value is $2,097,500

[mswlogo]

Originally Posted by tummyman

Current assessed value is $2,097,500

Houses are selling for around 60% over town appraisal. My guess is it goes for around $3m.

2x town appraisal does happen, but unlikely in off season.

[winterh]

On average you may be correct on the sale vs assessment but this one is way off the mark. Someone taking a shot at the moon or a realtor who tried to buy the listing by convincing the owners he would get them more than others. The beach is nice but not at the expense of good docking and deep water. Maybe you find a newcomer who doesn't realize that or has other priorities than boating. Low 2's would be my guess if it sells at all but since I already own waterfront I would be happy to be proven wrong.

[mswlogo]

Originally Posted by winterh

On average you may be correct on the sale vs assessment but this one is way off the mark. Someone taking a shot at the moon or a realtor who tried to buy the listing by convincing the owners he would get them more than others. The beach is nice but not at the expense of good docking and deep water. Maybe you find a newcomer who doesn't realize that or has other priorities than boating. Low 2's would be my guess if it sells at all but since I already own waterfront I would be happy to be proven wrong.

Well that’s the thing. Newcomers have no idea of all the pros and cons of deep water access, water quality, exposure, dust, wind, exposure to the broads , septic limits etc.

The town appraisals don’t factor in a lot of those details either.

Took me 3 properties and 30 years to figure it all out

There are $5m properties that I wouldn’t buy if I could get it for $1m because of compromises I would not make at the $1m Mark. I want gorgeous sunsets without being exposed to “the broads”. Among 20 other things. Not easy to find.

[Biggd]

Originally Posted by mswlogo

Houses are selling for around 60% over town appraisal. My guess is it goes for around $3m.

2x town appraisal does happen, but unlikely in off season.

When I bought my house 6 years ago the real estate agent said that property was selling right around town assessed value. Of course it was still a buyers market back then.
My assessed value has gone up 30% so 60% now sounds about right in this sellers market.

[fatlazyless]

With the Moultonborough property assessments likely to increase, here's hoping the town can agree to build a 15-million dollar community center. It needs to have a 5-million dollar indoor swimming pool, a 5-million dollar indoor ice arena, and a 5-million dollar indoor tennis and pickleball facility.

So, that's 5-mil each for swimming, ice, and tennis/pickleball which multiplied by three adds up to 15-mil. .......

Here's to building that new 15-million dollar Moultonborough Community Center ...... way-to-go ...... M-0-U-L-T-O-N-B-O-R-O-U-G-H !!! ..... ugh, ugh, ugh

[Biggd]

Originally Posted by fatlazyless

With the Moultonborough property assessments likely to increase, here's hoping the town can agree to build a 15-million dollar community center. It needs to have a 5-million dollar indoor swimming pool, a 5-million dollar indoor ice arena, and a 5-million dollar indoor tennis and pickleball facility.

So, that's 5-mil each for swimming, ice, and tennis/pickleball which multiplied by three adds up to 15-mil. .......

Here's to building that new 15-million dollar Moultonborough Community Center ...... way-to-go ...... M-0-U-L-T-O-N-B-O-R-O-U-G-H !!! ..... ugh, ugh, ugh

So Moultonborough can get inline with all the other towns around the lake with high property taxes.

[MeredithMan]

Originally Posted by fatlazyless

With the Moultonborough property assessments likely to increase, here's hoping the town can agree to build a 15-million dollar community center. It needs to have a 5-million dollar indoor swimming pool, a 5-million dollar indoor ice arena, and a 5-million dollar indoor tennis and pickleball facility.

So, that's 5-mil each for swimming, ice, and tennis/pickleball which multiplied by three adds up to 15-mil. .......

Here's to building that new 15-million dollar Moultonborough Community Center ...... way-to-go ...... M-0-U-L-T-O-N-B-O-R-O-U-G-H !!! ..... ugh, ugh, ugh

I thought this was voted down...again...just recently?

[Sue Doe-Nym]

Originally Posted by MeredithMan

I thought this was voted down...again...just recently?

Oh yes! It’s an annual event.....having it put on the docket as a warrant article. It’s the “I want, I want, I need, I gotta have it!” crowd vs. the frugal property owners who would have the privilege of funding it. It never ends...