WOULD YOU LIKE YOUR OFFICE NEXT DOOR TO YOUR HOME?

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Conant House c1782 Milford, NH


    I started a special blog for a special house.  A beautiful antique colonial located at 354 Nashua Rd in Milford, NH.  This is a mixed use property…it’s zoned Residential but Milford has a special overlay district called the “Nashua and Elm St. Corridor Overlay District.”   A perfect situation if you always wanted to be located close to your office, but still keep it separate.

     Currently it’s a medical clinic, prior- a vet, and before that it was an inn.  The living area is completely separate from the office space.  It includes a waiting room, reception office, kitchenette, 3 offices, and a conference room on 2nd floor.

I’ll be adding photos in the next couple weeks, just had a huge estate sale and the place needs to be put back together!


Blog:
The Conant House c1782 Milford, NH

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The Conant House c1782 354 Nashua St, Milford, NH 03055

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190 Baboosic Lake Rd in Merrimack, NH

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Slideshow Video of 190 Baboosic Lake Rd. in Merrimack NH

The Barron House c1771

190 Baboosic Lake RdPreserved antique Colonial with heavy timber framing, wide-plank pine floors and wainscoting, 5 fireplaces, period trim, Moses Eaton stencils, and perennial gardens make this a very special place!  The home has a rich history dating back to pre-revolutionary times documented in the “History of Merrimack, NH, Volume I.”

The formal living and dining rooms flank the front staircase.  The keeping room runs the length of the house, a grand fireplace with beehive oven. Heading towards the back you have the large kitchen, half bath, laundry, and then you enter the large mudroom/library to access the 2-car attached garage.

Over the barn there’s a finished living room, kitchen, bedroom, and bath with separate electrical and natural gas furnace. A two-car garage with generator hook-up, walk up attic with more wide plank flooring.  The fieldstone foundation has a concrete floor, 200 amp service, chestnut beams, and many secrets.

MLS 4477896: Click for an Interactive Listing Sheet
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Nashua Detached Condo with 2-Car Garage For Sale

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1$175,000 for this 3-bedroom detached condo. Backs up to common area, large rooms, even a 2-car garage! Condo fees include exterior maintenance, siding, roof, even plowing the driveway!  Great property for investor.  This is a short-sale, being sold as-is.

Click for Craigslist Flyer with more Pictures

Additional Posts:
Top 5 Things to Consider when Doing a Rehab Loan
The Short Sale Chronicles with Jenn

 

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New Hampshire’s Real Estate Cycle- Up Markets

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TOP TOWNS LAST IN...FIRST OUT

Real Estate in NH Increasing

During the decline of the last real estate cycle I wrote a post about how different towns function in the cycle.  I.E. top towns are the big indicators when the market will start to stabilize after a decline: Top Towns in a Declining Market

Right now we are in a completely different market, but the point remains the same.  Top towns LEAD the UP-cycle, they are a good indicator when prices start to rise. So it’s “First Out” of a declining real estate market.  There are still New Hampshire towns struggling, but most are stable, if not slightly increasing.

Just my thoughts. -Jenn

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What’s an arms length transaction in real estate?

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New Hampshire Homes

An arm’s length transaction is important in determining the market value of real estate. Appraisers know this term as it’s what helps determine if a comparable sale is truly comparable. So what’s an arms-length transaction?

The key concepts: the property must be on the open market for a reasonable amount of time, neither the buyer nor seller can be acting under duress, they must have reasonable knowledge of the property, be acting on their own self-interests, and from equal bargaining positions.

ArmsLength


Here are the top 3 NON arms-length transactions:

  1. Bank owned property
  2. Family sale
  3. Most short-sales

THE BIG QUESTION: Why is this important in selling your house or buying a new house? If a sale is not an arms-lengths transaction it will not be used to determine the value of that property because it would not be market value.

Market value is the highest price a buyer would pay and seller would accept for an item in an open and competitive market.

-Just my thoughts. -Jenn

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Todays Nashua Market Trend Update

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Market Trend update for February 2015

Current Nashua NH Real Estate Market Report February 2015

The Nashua NH real estate marketed report February 2015 indicates a 12 month trend from January 2014 of average sales prices increasing and declining inventory. Declining inventory is typical over the winter months.

Nashua NH Average Sales Prices

The current trend is upward and indicates the average sales price of $232,000 with days on market of 87 for January. In February of 2014 the average sales price was $207,000 with 97 days on market.  Can you imagine if we did not have all this snow on the ground?

Nashua NH New Property Listings

The trend for properties on the market is slightly higher than last February with 75 listings, January this year has 87 listings.  The spring market listings have been delayed due to the severe winter snow storms. March and April we typically see the largest influx of new listings.

Nashua NH Real Estate Market Report

Nashua NH Real Estate Market Report

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What is “HOME”?

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home  noun: the place where one lives permanently, especially as a member of a family or household.

HOME: noun, the place where one lives permanently, especially as a member of a family or household.

A prior post I wrote: “The End of the Hometown” focuses on where you would consider your hometown: your birthplace or the town you settled in.  I stumbled upon this #TEDtalk titled “Where is home?” by Pico Iyer which twists and turns as it moves around the subject of what is home.

The definition of home implies permanence, but in today’s mobile society it’s no longer that simple.

“home is not just the place where you happen to be born, it’s the place where you become yourself” -Pico Iyer

I deal with homes in the brick and mortar sense, I see the attachment people have to a location and how people perceive what is home.

-Just my thoughts.
Jenn

 

 

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Do you prefer a walkable mixed-use or big lot suburban community?

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The 2013 community preferences survey from the National Association of Realtors is an analysis on the types of communities people prefer to live in.  On one hand compact, walkable communities continue to have leaps in demand, but detached houses with large yards and lots of privacy are still tops.  You can read all about it in this 51 page slide show: http://www.realtor.org/sites/default/files/reports/2013/2013-community-preference-analysis-slides.pdf

WalkablecommunitiesSplitpieOne of the things I was surprised to see is the breakdown between a walkable, mixed-use community and a conventional suburban one to be very balanced.

Anyway, you should check out the slideshow…good stuff.

-Just my thoughts.

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New Hampshire 2014 Property Tax Rates

I just updated my webpage at www.TopNHhomes.com with the current list of NH property tax rates: http://topnhhomes.com/nh-tax-ratesNH Tax Time

Why your assessed value is not usually your market vale and what is an equalization ratio explained.

Please take a look.

Jenn

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The End of the Hometown

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When asked where’s your hometown, how do you respond: the one you were born in, or the one you grew up in?

Seeing as the median duration in a residence is only 5.2 years* most of us have moved multiple times since birth.  So people aren’t tied to one location in today’s mobile society and many are missing that connection to a town.

I would always respond that I was born in Lowell, MA but moved a couple times before Nashua…which is where I grew up.  I have a connection to both, but my hometown is Nashua.

So I ask the question in my next post: What is home?

It’s just something I’ve been thinking about, the loss of the hometown.

NashuaMyHometown1Just my thoughts. -Jenn Cote

*https://www.census.gov/sipp/p70s/p70-66.pdf  page 4 “Seasonality of Mobility and Duration of Residence” Household Economic Studies  By Kristin A. Hansen

FACEBOOK: topNHhomes

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