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Old 11-15-2006, 07:14 AM   #1
Lakegeezer
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Default How many lake front homes?

One of our guests this summer asked how many lake front homes are built on Winnipesaukee. It was fun to discuss the number over a glass of wine, and we estimated that it must be about two thousand, but its like guessing jelly beans in a jar. Our guess could be way off. Are there any official statistics or ways of calculating a somewhat more accurate guess.
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Old 11-15-2006, 07:47 AM   #2
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Default i'd figure it like this:

figure out length of shore front (don't forget islands - that'll add a lot). Then estimate average lake lot frontage (i'd go with 125' or so). Keep the overall frontage (OF) and lot frontage (LF) consistent unit-wise (miles, feet, whatver) and divide OF/LF for number estimate of lots, and hence homes...
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Old 11-15-2006, 08:14 AM   #3
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What is there 182 mi. of shore line?
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Old 11-15-2006, 09:06 AM   #4
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Quote:
Originally Posted by Lakegeezer
One of our guests this summer asked how many lake front homes are built on Winnipesaukee. It was fun to discuss the number over a glass of wine, and we estimated that it must be about two thousand, but its like guessing jelly beans in a jar. Our guess could be way off. Are there any official statistics or ways of calculating a somewhat more accurate guess.
Just considering island properties alone I would say there must be upwards of two thousand without touching the mainland. Just look at Rattlesnake and bear alone, there are probably a few hundred on these two islands alone. I would think that Rocky's formula would be a closer figure than two thousand, it may even be on the light side..
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Old 11-15-2006, 09:29 AM   #5
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Don't forget about all the condos.
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Old 11-15-2006, 09:45 AM   #6
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The lake has 282 miles of shoreline. If you estimate one home every 300' that is almost 5,000 homes.

If the average value is $300,000 that comes to 1.5 Billion dollars.

Estimates are my own.
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Old 11-15-2006, 12:34 PM   #7
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Quote:
Originally Posted by Bear Islander
The lake has 282 miles of shoreline. If you estimate one home every 300' that is almost 5,000 homes.

If the average value is $300,000 that comes to 1.5 Billion dollars.

Estimates are my own.
I would think that on average 300' of frontage may be a bit much and $300k per place (what on the mainland is waterfront at $300k these days other than some condos?) may be a bit low but I think that we all agree it is a lot of $$$$ !
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Old 11-15-2006, 04:28 PM   #8
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Default According to the BIZER

From the Bizer's records there are 178 miles of shoreline on the mainland and roughly 100 1/2 miles on the islands. If you figure one house, dwelling, or structure every 125' of shoreline there would be 7,518 houses on the mainland and 4,245 houses on the islands. That seems to be a bit higher then some wine induced guesstimates. There are obvious flaws in this equation, but driving around the lake it does not seem to far fetched.

As for property values using our flawed equation...
Figure $300K for an island house = $1.2 Billion
and
$600K for a mainland house = $4.5 Billion

As my Italian friend says, "that is some serious fazool"
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Old 11-15-2006, 04:38 PM   #9
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Default so the answer is roughly +/-10K...

That seems reasonable. I suspected 2000 was way too low - if lakefront homes were such a rarity prices would be even higher..
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Old 11-16-2006, 01:22 PM   #10
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Default zillions!

There are two many! There must be a bazillion houses around the lake.

Big ones, little ones, old ones , new ones, green ones, blue ones...... Dr. Seuss?

Last edited by gtxrider; 11-16-2006 at 01:23 PM. Reason: typo
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Old 11-16-2006, 04:04 PM   #11
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Default Number of houses

There are 10,847 lake front homes on the lake, this includes condos.
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Old 11-16-2006, 11:08 PM   #12
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Default One Bazillion equals.....

gtxrider, you are so close. According to the experts a bazillion equals 10,850 so according to Kahuna's numbers..... you were sooooo close. Good guess!!
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Old 11-17-2006, 05:34 AM   #13
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Quote:
Originally Posted by gtxrider
There are two many! There must be a bazillion houses around the lake.

Big ones, little ones, old ones , new ones, green ones, blue ones...... Dr. Seuss?
You cannot live there with a goat, you can live here on a boat....

10,000? Sounds reasonable.
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Old 11-17-2006, 09:30 PM   #14
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Talking Dr. S.

You can live there with a mouse...
and even live there with a louse...

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