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Lakes Region of NH Real Estate Market Report - Lake Winnisquam

Lake Winnisquam in the Lakes Region of NH has always been a great alternative to Lake Winnipesaukee for buyers looking for to own a home on the water that is little more affordable. Winnisquam is the third largest lake in New Hampshire at 4,264 acres and offers home owners and vacationers a little more laid back kind of lake experience. The lake is large enough to keep you and the kids entertained yet small enough to keep the big speed boats away, so things are much more quiet and peaceful here.  You’ll see lots of pontoon boats, people fishing, and lots of people hanging out at the sandbar by the Winnisquam Bridge. It is just one great lake!

We usually see a couple dozen sales per year on Lake Winnisquam. The following chart

 

gives you the sales on Lake Winnisquam since 2003 and as expected sales for 2007 were off the mark from previous years. Prices range from just under $300,000 to occasionally breaking the $1 million mark. Like any lake, pricing is all about the location and water frontage. Waterfront sales on the lower end of the pricing scale were often on the canals on the Belmont side of the lake. While they did provide good boating access to the main lake they aren’t really what I would consider great waterfront properties particularly if you like to swim off your dock!

Total #

of sales

Median Sales Price

Average Sales Price

LowestSale HighestSale
2003 23 390,000 465,743 219,000 855,000
2004 22 495,000 585,127 257,000 1,350,000
2005 21 450,000 545,352 299,000 1,179,000
2006     21 560,000 564,705 275,000 1,199,000
2007 14 497,000 517,143 270,000 765,000

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