Eastman Real Estate Blog

2 Water View Waterfront Condo

Eastman water view condo, attractively priced and an attractive unit! This one wont last long, with all the updates and the unfinished walk out lower level. You can truly have a special place to call home or get away and relax. If you have kids the beach is a stones throw, kayaks can be stored under the deck or in the near by kayak rack. The tennis courts are also near by and a short drive to Eastman Golf Links and The Bistro Nouveau. If your into cross country skiing you can right from the back door!! Here is my write up for the MLS listing:

Water view condo that has a lot to offer. Updates in the baths and other interior improvements make this unit unique. An expanded loft makes the area much more usable and versatile. A full unfinished walk out lower level is ready to be completed. The shower and plumbing are in place, gas stove for heat has been installed, a nice size laundry room is established, bring your finishing touches just the way you want. Walk out your back door to the large grassed common area where kids can play, or go to the beach or fish the cove. The nice thing is you can do all this without crossing a road!! Other Eastman amenities included in the association fee are: indoor heated pool, fitness center, tennis courts, golf driving range and cross country skiing. If you golf Eastman Golf Links is an outstanding golf course.

This Eastman waterfront condo offers views to Eastman Lake, privacy because the unit sits back from the lake a bit yet you can walk to the beach without crossing a road and be there in less than a minute. Ease of access to the Upper Valley or New London is really easy.  Custom paintings on the walls make this condo very unique.

For all the details visit www.jeffadie.com

I got a few good questions today and here are some answers.

Why do you only show the list price of your sold properties? If you are looking at sold properties from my www.EastmanRealEstate.net blog, the blog links directly to my other web site www.JeffAdie.com
That site is limited to what information I can input. The list price is the only price I can post and I’ve asked for that to be changed and no success there.

You don’t show days on market, why? This is a very complex number and I don’t believe its valid. Here are some of the reasons why.

Properties are listed too high, don’t sell, then people take them off the market. The seller either re-lists or changes agents. If they re-list all you have to do is wait 30 days, get a new MLS number and the days on market number resets to zero. If they change agencies, you can re-list right away, get a new MLS number and days on market start at zero. I’ve seen the same property go on and off the market for years but the days on market only show a handful of days when it should be years. Another issue I have with days on market is a scenario like this.

New Listing January 1st, 2009 Price $500,000. Three months go by no showings

Price Reduction April 1st, 2009 new price $475,000. One or two showings but nothing happens.

Price Reduction July 1st, 2009 new price $450,000. Several showings, even some interest but no offers.

Price Reduction October 1st, 2009 new price $425,000. Showings start, interest, and the house sells at $419,000 and closes on  October 30th, 2009.

Here is my question: Should the days on market be 304 days? Or should it be 30? The original price was a pipe dream, the property would still be on the market if they didn’t reduce the price. If the home was priced at $425,000 it would have most likely sold in 30 days.

What do you think?

Late September 2010

It’s the end of September and the fall colors are really showing up on the hill sides. This photo was taken about 9;30am when the sun was trying to poke through the cloud cover. The sun never did break through and by early afternoon it has become very over cast.

Enjoy the photo: If you click on the photo you can get the panoramic view.

Autumn Colors

This Eastman home has direct water access to Anderson pond. Eastman Lake can still be accessed as all owners in the Eastman Community can use the beaches, boat racks and lake accesses.

This home is priced well below assessed value, $100,000 below! There is some work to be done by the new owner but the major items seem to all be in good working order. With a bit of elbow grease and a coat of paint you will own a fine and beautiful home. Waterfront is always a sought after property.

This home has over 2500 square feet and room sizes are generous. A rear deck overlooks a rare grass lawn in Eastman. You will also enjoy the sunsets from this deck with western exposure. The master has plenty of closet space and a bathroom divided in two. A private water-closet and a separate room with a tub/shower, sink and laundry area.

Enjoy cozy warm wood fires in the beamed ceiling family room. The screened porch has a brick hearth for cooking with wood.

The lower level has a good sized media room/den with it’s own fireplace. Two bedrooms of ample size, a Wine Room that’s 7’9x 5’6″. This gives you plenty of storage. If you need a workshop area then this home has one too. It even has it’s own sink and wood stove. Take the chill of with your scrap wood.

If more information is needed or you would like to view this property please call my cell 603-568-0609 or email me at jeffadie@gmail.com

The Common Loon Spreads Wings

Swimming with momma

A Beautiful Loon

Loon pair swimming towards their young

This has been a great year to be out on Eastman Lake. The weather has been hot, the sky blue as can be and nesting Loon pairs are raising their young.

These photos were taken with a very good camera from a kayak and canoe on the lake. Loons are “private” birds and do not like to get close to humans. The photo of the head of the Loon is a very impressive shot. That bird must have dove after some food, swam under water and surfaced near the photographer.

This is just another reason Eastman NH is such a special place. (more…)

Enjoy the deck and water view.

Location is the key to this property. Not to mention the level entry that you don’t always find with Eastman Condos.

There has also been some significant upgrades. The kitchen has been completely renovated and redesigned. Add the oak wood floors and newer carpets and you have a move in condition condo where you can just relax and enjoy the view.

If you would like more info on the spectacular condo, please email me at jeffadie@gmail.com

Eastman Lake View From 28 Bay Tree

Just a few years ago you would have had to pay more than $200,000 for this condo. Today it hits the market at just $179,900. Are you looking for Eastman Lake waterfront? Do you want the ease if life condo living provides? Do yo like falling to sleep to the call of the Loon?

This condo has such a great location, easy access to the beach, walking trail, tennis. Level entry is another huge bonus. Only one step down from the parking spaces.

The Eastman Community has so much to offer and values like this do not come along very often. Come see for your self, or for more info go to www.jeffadie.com

It’s very hard to believe that half of 2010 is behind us. Two of the best things I can say about this year is the weather has been mild, not that much snow and finally a real summer with heat and sunshine. More importantly home sales are up HUGE!!!

Sales are up just over 225% when you compare the first sixth months of 2010 to 2009. In 09′ there were just fourteen home sales compared to 32 home sales this year. The first 6 months of 2010 equaled the entire amount of home sales for the year in 2009. How does that sound for an improving market?

As for condos and land the numbers are not nearly as good. In the same time periods used for home sales, condo sales totaled 3 in 2010 and just 2 in 2009. Land sales, there was only one in 09′ and 2010 has seen 2.

Here is where the debate comes in: Has the market really turned? Web site traffic is down, sales are up. Is the buyer pool stronger because only the most financially sound buyers are left? Did the tax credits that the government had in place really drive sales? Now that the credits are over will sales drop? Are web hits down because the tax credits have ended?

This is what I see in the micro market of Eastman with observations of the Upper Valley and New London/Lake Sunapee mixed in.

May was most likely the quietest May I will ever see. At least lets hope so!! June started off slow but finished strong. The activity I see in my office has been steady to fairly busy. The mid priced home is no longer a non existing market. There has been several homes in the $350,000 to $550,000 price range that have gone under agreement. There always seems to be some action in the sub $200,000 range. Currently the selection of Eastman Lake waterfront homes is down and it would be good to get some inventory in that category. ($500,000 plus with good water access)

I think land sales are down for the obvious reason. Why build when you can buy existing for less?? Condo sales? No that’s a good question. Are sales down because of the maintenance fees? Are buyers looking at homes and just see better values than a condo? There are some great prices on Eastman condos but can buyers be watching their monthly dollar expense so closely and they are not figuring for repairs on a home making a home look inexpensive?  Home maintenance is not a monthly expense but it still adds up by the end of a year?

I can not understand why condos are so over looked right now. Maybe the vacation buyer has really been taken out of the market? If that’s the case than condo sales will remain slow until those buyers come back. About 75% of Eastman condos are vacation homes.

OK enough typing, home sales are up HUGE and that’s GREAT news!!

The newest listing is a wonderful 3.34 acres parcel of land that has over 160′ of lake frontage.

This is one of the last, true, Eastman Lakefront building lots in the Eastman Community.

Would you like water views like this? Would you like to live in a community that offers a lake, 18 hole championship golf, tennis, hiking and biking, cross country skiing, right out your back door?

Come take a look at Eastman, you will not be disappointed. For more info go to wwww.jeffadie.com