Winni Stats

Moultonborough claimed three of the seven sales last month one was our listing on Curtis Lane that sold for $15,000 over asking and was under contract in just 7 days. This was a unique property that drew many inquires but was not as many expected. It has over 5 acres of land...so the calls from builders, investors and buyers who are looking to build or remodel a lake house and have FIVE acres...for $535k sounded great... well that is too good to be true indeed. So yes you can have five acres and buy a place for just over $500k but you can't have five acres for just over $500k and expect an open square like lot with 5 acres... it is unrealistic and something many buyers do not realize. The 5 acres had a brook running through it with boulders with a narrow shape with limited access. 

This is an entry level price point for waterfront owned privately on the lake that is not an Island property. What one can expect is a smaller sized lot, average of 50-100 feet of waterfront and a small cottage/cabin usually seasonal. This varies town to town but is a good idea of a $500k price point for shopping purposes.