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The Shepherd Real Estate Blog provides tips for buyers, sellers & homeowners, upcoming community events, features of local towns, and real estate market news and statistics.

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Pricing Strategies For Listings In Grantham, NH and the Upper Valley

  
  
  

Pricing your home is not an easy task, but it is crucial to price your home strategically based on the real estate market, a realistic Calculatoroutlook, and your time frame in order to optimize it’s time on the market and get your home sold. Below is advice on pricing strategies for listings in Grantham NH and the Upper Valley.

Recognize the Real Estate Market

Every real estate market varies. When you see statistics in the news, those commonly refer to nationwide trends. Your particular area can be much different.

A local real estate agent can prepare a home valuation report, also referred to as a Comparative Market Analysis (CMA), which assesses sales of comparable homes and furnishes a reasonable price range in which your home may sell. This value may change continually, so avoid referring to outdated figures.

Get Your FREE Home Evaluation

When viewing the market analysis, keep in mind that there is a range. Where your listing price should fall within it is contingent upon many factors including your target time frame.

Remain Realistic

As a homeowner, it is common to take pride in your home and the time and effort you have put into various upgrades or repairs. Unfortunately, not all home buyers will assign similar value to the amenities and renovations of your home. Your CG Shepherd Realty, LLC Realtor can give you insight into how much you can expect to recover from updates you have made.

Additionally, home values may be affected by bank-owned homes in the region, which are traditionally sold at lower prices and are still treated by some as comparable properties. Market value is really the amount that a potential buyer is willing to spend on a property at the present time. This figure may or may not be close to your requirements or resemble what you paid for the property.

Beware of Overpricing

Pricing above market value will lead to valuable time being lost. If the market declines during that time, the home may ultimately sell for even less than it would have if positioned accurately from the beginning. Furthermore, home buyers commonly have a negative perception of houses that have been on the market for a long time. This is difficult to overcome even if the price of the home is reduced later.

Timing is Everything

If the market value of your property is dramatically different than what you are ready to accept, it may be best to monitor the market and wait for sales to improve instead of overpricing and having little success for a lengthy period of time.

If you must sell and must do so within a particular time frame, selecting a price reflective of your local real estate market will be critical to accomplishing your target sale date. Time and money are related and incorrectly pricing may be more expensive than you anticipate.

For more tips on pricing strategies for listings in Grantham NH and the Upper Valley, contact our qualified Realtors at CG Shepherd Realty, LLC.

CG Shepherd Realty, LLC: Serving New Hampshire’s Dartmouth-Lake Sunapee and Upper Valley Regions, Eastman, & Vermont Real Estate Buying and Selling Needs for Over 25 Years.

Cape Style Hanover, NH Home for Sale

  
  
  

151 Greensboro, Hanover, NH151 Greensboro, Hanover, NH
MLS# 4313109

Well-maintained Hanover, NH home for sale situated on nice private waterfront lot. This 2-bedroom, 1-bath cape home features a large eat-in kitchen, newer updated bathroom, and living room with wood stove. Great Hanover, NH location.

One of the top-rated places to live in America, Hanover, NH is the quintessential New England small town with many amenities. Home to Dartmouth College, Hanover can provide you with academic and cultural offerings unique to the area.

Call DeeAnn Shepherd at (603) 504-2026 or email deeann@sheprealty.com to view this lovely Hanover, NH home for sale.

CG Shepherd Realty, LLC: Serving New Hampshire’s Dartmouth-Lake Sunapee and Upper Valley Regions, Eastman, & Vermont Real Estate Buying and Selling Needs for Over 25 Years.

New Listing: 35 Greensward Drive, Grantham/Eastman, NH

  
  
  

35 Greensward Drive, Grantham/Eastman, NH35 Greensward Drive, Grantham/Eastman, NH living room
MLS# 4340747
Price: $499,035

Superb architectural design! This Eastman, NH home for sale on the Golf Links has soaring cathedral ceilings and walls of gorgeous windows that will make you catch your breath.

It begins with a grand entryway into a gracious living room and dining area with fireplace and built-in cabinets. Next, the gourmet kitchen with a granite counter top covered island and large pantry looks across the open and bright main living area to a covered screened porch, which leads to a large back deck. Also on the first floor, you will find the owner's suite with bath.

35 Greensward Drive, Grantham/Eastman, NH kitchenThe second level offers 2 bedrooms and a bathroom, a media room, plus a large cozy loft area overlooking the fairway through those towering windows. In addition, the finished lower level includes a great room, storage, bedroom and bath.

All this in a premier golf course location in the four-season recreational community of Eastman, NH!

Eastman offers an abundance of activities and amenities year-round taking advantage of all the beautiful nature and changing seasons New Hampshire has to offer. Enjoy the golf, lake, and tennis during the summer and cross-country skiing and snowshoeing in the winter. Plus, a LEED certified activity center just for the community. This great escape still has easy access to I-89 and the Upper Valley and is only 2 hours drive from Boston.

Call Carol Shepherd at (603) 568-0880 or email carol@sheprealty.com to schedule a showing of this magnificent Eastman, NH home for sale.

CG Shepherd Realty, LLC: Serving New Hampshire’s Dartmouth-Lake Sunapee and Upper Valley Regions, Eastman, & Vermont Real Estate Buying and Selling Needs for Over 25 Years.

New Listing: 44 Hummingbird Hill, Grantham/Eastman, NH

  
  
  

44 Hummingbird Hill, Grantham/Eastman, NH44 Hummingbird Hill, Grantham/Eastman, NH great room
MLS#: 4341702
Price: $349,000

Stylish tri-level home for sale in Eastman, NH! Carol Shepherd recently listed this 4-bedroom, 4-bath home has many design elements and upgrades that will make you sit-up and take notice.

Skylights, cathedral ceilings, and over-sized windows come together to create a bright and sunny great room. Featuring a first-floor owner's suite, cozy wood-burning fireplace, and full finished walkout lower level, this meticulously cared for home will not disappoint.

Enjoy the spring perennials and natural landscaping from your large back deck or screened porch. All this in the four-season recreational community of Eastman, NH, which offers a lake, golf, tennis, and more with easy access to I-89 and the Upper Valley!

Call Carol Shepherd at (603) 568-0880 or email carol@sheprealty.com to view this stylish home in the desirable Eastman, NH.

CG Shepherd Realty, LLC: Serving New Hampshire’s Dartmouth-Lake Sunapee and Upper Valley Regions, Eastman, & Vermont Real Estate Buying and Selling Needs for Over 25 Years.

New Listing: 48 Greensward Drive, Grantham/Eastman, NH

  
  
  

48 Greensward Drive, Grantham/Eastman, NH48 Greensward Drive, Grantham/Eastman, NH living/dining area
MLS# 4339978
Price: $234,900

Recently listed by Carol Shepherd, this home has an ideal floor plan with recent updates from the front entry throughout the home!

The open concept main level of this contemporary ranch features hardwood floors, kitchen with granite counter tops and updated appliances, owner's suite, and four-season parlor off the dining room. The finished lower level of this home includes a large family room and 2 bedrooms that open to the bright and cheery backyard deck.

Relax comfortably in this beautiful, level backyard and enjoy the perennial gardens from the screened porch, patio, or deck. Conveniently located in the Golf Links area of Eastman, NH off a paved road and on the bus route for schools, while still maintaining the wooded privacy of this area of Eastman.

Eastman, NH is a residential community that features an array of amenities. From kayaking, fishing, sailing, golfing and tennis during warmer months to cross-country skiing and snowshoeing around the community throughout winter, Eastman, NH always has something exciting for you to do.

Call Carol Shepherd at (603) 568-0880 or email carol@sheprealty.com for more information or to schedule a showing of this 3-bedroom ranch.

CG Shepherd Realty, LLC: Serving New Hampshire’s Dartmouth-Lake Sunapee and Upper Valley Regions, Eastman, & Vermont Real Estate Buying and Selling Needs for Over 25 Years.

For Sale By Owner Dangers Your Local New Hampshire Realtor Can Avoid

  
  
  

The annual Profile of Home Buyers and Sellers was recently released showing that 2013 marked the 11th year in a row in which over 80% of home sales were real estate agent-assisted. In contrast, For-sale-by-owner home sales have decreased to 9%.

How Seller Sold Home 1991-2013

(Image from NAR's Economists' Outlook Blog)

As you can see, technique, resources, and experience are valuable, especially when it comes to selling such a big investment.

However, when it comes time to sell a property, owners sometimes consider selling on their own without a real estate professional. Just like electrical repairs, taxes, and other tasks, it can be possible to do it yourself, but sometimes it can end up costing more due to mistakes made along the way. Below are for sale by owner dangers that you should consider before taking on the responsibility of selling your home.

Proper Pricing

Determining the correct price will mean the difference between your home selling within a reasonable time or not selling at all. Many homeowners make the mistake of referencing previous appraisals, the value of a nearby property, or stagnant listings currently for sale to set their price. Incorrect pricing may lead to wasted time and a lower selling price when it actually sells.

Your local Realtors at CG Shepherd Realty, LLC monitor changes in the market and understand the complexities of setting listing prices. This is critical not only when your home is first listed, but also as time passes and the market changes.

Reaching the Most Buyers

Real estate agents at CG Shepherd Realty, LLC will extend the reach and exposure of your home to a larger pool of buyers. Most buyers, especially first-time home buyers, use Realtors to guide them through the real estate process. For-sale-by-owner marketing avenues do not access the network of Realtors. The selling price is a matter of inventory, demand, and time. By wasting time and minimizing exposure (the demand), the end result could be a much lower selling price.

Buyer Qualification Methods

Not all buyers are created equal. There are different elements of an offer and pre-approval that must be evaluated beyond price. Taking your listing off the market for an unqualified buyer can cause you to lose time, miss out on other offers, or leave your listing unfairly stigmatized. Realtors at CG Shepherd Realty, LLC will ensure you properly qualify buyers and reduce your risk.

Making Deals Happen

Contracts often stay together or fall apart over very minor items. There are ways to keep a deal intact that homeowners may not think of simply due to inexperience. Realtors gain extensive knowledge over time and frequently find creative ways to bring buyers and sellers together.

Buffering Emotions

Emotions play a role in almost all real estate deals. It is natural given the large investment buyers make and the attachment many sellers have to their property. Realtors at CG Shepherd Realty, LLC function as a cushion between buyer and seller to maintain civility and communication. This is essential in most real estate deals. Your Realtor can maintain clear thinking and guide you on decisions while keeping your best interests in mind.

Our qualified Realtors at CG Shepherd Realty, LLC help you price your home properly for the current market, reach the most potential buyers, qualify buyers, bring deals together through creative solutions, keep deals together, and achieve successful closings.

Sellers who take the for-sale-by-owner route to save on commission cost can be faced with lengthy market times, be stressed over problems in the transaction, and ultimately not save as much money as they hoped.

So, when you are faced with managing one of the largest transactions you will make in your life, trust real estate professionals like us at CG Shepherd Realty, LLC.

CG Shepherd Realty, LLC: Serving New Hampshire’s Dartmouth-Lake Sunapee and Upper Valley Regions, Eastman, & Vermont Real Estate Buying and Selling Needs for Over 25 Years.

New Listing: 5 Summit Drive, Grantham/Eastman, NH

  
  
  

5 Summit Drive, Grantham/Eastman, NH5 Summit Drive, Grantham/Eastman, NH
MLS# 4339728
Price: $187,900

Stunning post and beam Eastman, NH home for sale. DeeAnn Shepherd recently listed this 3-bedroom, 2-bath cape home with first-floor master bedroom and first-floor laundry. This home features newly refinished wood floors, new appliances, and heating system. Also enjoy a cozy wood stove during the winter season and a kitchen that looks toward views of Grantham Mountain year-round.

You can enjoy the convenience of golf, the beach, and other activities within the community of Eastman, NH, a four-season recreational community. Eastman provides a great escape from the activity of the Upper Valley while maintaining easy access to I-89.

Call DeeAnn Shepherd at (603) 504-2026 or email deeann@sheprealty.com to schedule a showing of this stunning cape in Eastman, NH.

CG Shepherd Realty, LLC: Serving New Hampshire’s Dartmouth-Lake Sunapee and Upper Valley Regions, Eastman, & Vermont Real Estate Buying and Selling Needs for Over 25 Years.

New Listing: 33 Butternut Rd, Eastman, NH

  
  
  

33 Butternut Rd, Grantham/Eastman, NHMaster Bathroom, 33 Butternut Rd, Eastman, NH
MLS#: 4338864
Price: $295,000

Bright and sunny ranch home with full, finished lower level walkout in Eastman, NH.

This well-maintained 3-bedroom, 3-bath home is truly a sight to behold. Open and spacious, this is a residence with plenty of room for living your life and storing your belongings. The finished lower level offers a family room, exercise room, and storage.

This home features a first-floor master bedroom suite with Whirlpool tub, large eat-in kitchen plus dining area, first-floor laundry, and beautiful hardwood floors. Additionally, you can enjoy having propane heat and being on Eastman sewer.

Outside, you will find a private deck in a wooded setting with lovely landscaping and a two-car garage.

All this in the four-season recreational community of Eastman, NH! Enjoy the lake, golf, tennis and more at this New Hampshire treasure with easy access to I-89 and the Upper Valley.

Call DeeAnn Shepherd at (603) 504-2026 or email DeeAnn@sheprealty.com to view this 2,300+ square foot home!

CG Shepherd Realty, LLC: Serving New Hampshire’s Dartmouth-Lake Sunapee and Upper Valley Regions, Eastman, & Vermont Real Estate Buying and Selling Needs for Over 25 Years.

New Listing: 6 Dartmouth Place, Eastman, NH

  
  
  

6 Dartmouth Place6 Dartmouth Place, Eastman, NH Home for Sale
Grantham/Eastman, NH
MLS# 4335346
Price: $224,900

This well-maintained 3-bedroom, 2-bath contemporary home in the recreational community of Eastman, NH is in a great location close to all Eastman amenities and I-89.

The interior features tile floors and a gorgeous stone fireplace that becomes the ideal, rustic focal point of the open and bright living area. Additionally, this home features both a screened porch and deck from which you can survey the landscaped lot and the abundance of wildlife.

Whether you're looking for a change of scenery, or a vacation home in New Hampshire, do not miss this opportunity to own in the four-season recreational community of Eastman, NH. 

Also great rental location for investment potential.

Call DeeAnn Shepherd at (603) 504-2026 or email at deeann@sheprealty.com to schedule a showing of this lovely Eastman, NH home!

CG Shepherd Realty, LLC: Serving New Hampshire’s Dartmouth-Lake Sunapee and Upper Valley Regions, Eastman, & Vermont Real Estate Buying and Selling Needs for Over 25 Years.

Information On Grantham NH Tax Advantages Of Purchasing Real Estate

  
  
  

There can be many tax advantages of purchasing real estate through use of tax deductions. Deductions reduce your taxable earnings and therefore result in fewer taxes. It is useful to understand the tax benefits before purchasing or when analyzing renting versus buying. This article provides information on Grantham NH tax advantages of purchasing real estate.

Tax Deduction Requirements

Not all home owners can use tax deductions. When completing your taxes, you can use the standard deduction or itemized deductions, whichever results in less taxes. If you own an inexpensive home, the deductible items may not total more than the standard deduction. Other financial variables could factor in as well. Only an accountant can offer a true understanding of the tax advantages of owning a residence taking into consideration your personal situation.

Usable Home Expenses

Loan Interest

Only the interest portion of your mortgage payments are tax deductible. In the early stages of owning a home, you pay more in interest than principal. As a result, the total deductible interest is significant when you first own a home than in later years. Your mortgage company will send you a statement each year detailing the mortgage interest paid on your property.

Municipal Taxes

Real estate property taxes may also be tax deductible. Real estate taxes are a yearly amount but are traditionally billed in quarterly increments. These taxes can be included in your mortgage statements, but file copies of the property tax bills mailed directly to you. The total in mortgage statements are sometimes not accurate.

Lenders Mortgage Insurance

If you first purchased your home within a certain period of time and if you are part of a certain income range, you may be able to deduct mortgage insurance payments. Mortgage insurance is invoiced on a monthly basis for loans more than 80% of the market price and does not get removed until the balance decreases to the 80% mark.

Points and Other Fees

Be sure to keep a copy of your closing settlement statement. Certain charges such as points, adjusted real estate taxes, and pre-paid interest can be deductible. Provide the paperwork to your tax advisor.

The above is information on Grantham NH tax advantages of purchasing real estate and is applicable to primary residences. If you bought investment property, the list of deductions may not be the same. The above is meant only as a general overview.

Whether you recently purchased a home or are a seasoned homeowner, always ask a tax professional for sound advice tailored to your personal situation or to your type of property to assure you receive the tax deduction to which you are entitled. 

CG Shepherd Realty, LLC: Serving New Hampshire’s Dartmouth-Lake Sunapee and Upper Valley Regions, Eastman, & Vermont Real Estate Buying and Selling Needs for Over 25 Years.

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