Home               Vol III    Issue 4          January 24, 2008              Previous Issues


 Nestled Among Scenic Lakes and Green Forests, Idyllic Meredith, New Hampshire Exudes Quintessential New England Charm

Cost of Living: Above the National Average

 

International Retirement Spots

 

 

Active Retirement

 

 

Real Estate for Retirement

 

 

Active Adult

 

 

Master Planned Communities

 

Snuggled along the edges of Lake Winnipesaukee in rural central New Hampshire, at the southern edge of the White Mountains, is the picturesque village of Meredith (population 5,500).  This is the Lakes Region, and Lake Winnipesaukee is New Hampshire's largest body of water.  Meredith is but one of several quaint villages and towns that dot the lake, and Lake Winnipesaukee is but one of 273 lakes and ponds in this region.  This is quintessential New England, and Meredith attracts tourists, families and retirees.  Founded in 1768, today 22% of the population is age 45 to 64, and 18% is 65 or above.

meredith new hampshire real estate

 

Meredith's overall cost-of-living is roughly 12% above the national average, and housing is about 20% above the national average.   The median home price is $375,000.  Prices are high because this is a quaint, touristy spot nestled in splendid scenery, the kind of place where people want to live.  Still, town homes with 1,400 square feet, 2 bedrooms and 2 baths are available for $195,000 (and others, on the lake, sell for $350,000), and modest homes (750 sq. ft.) with some acreage nestled in the woods outside of town can be had for less than $200,000.  $350,000 will fetch a 2,500 sq. ft., 3 to 4 bedroom, 3 bath home with a pitched roof and dormer windows outside of town.  In town, such a dwelling sells for $400,000 and much more.  

Many homes in this area are large, 2,500 to 3,500 sq. ft., have water views or direct water access and were built  in the 1800s (some date from the 1700s).   Architectural styles include Colonial, Cape Cod and traditional.

We were unable to find apartments for rent in Meredith, and there is only one manufactured/mobile home community (Interlakes Mobile Home Park).   

Find foreclosures here (advertisement).

New Hampshire has no state income tax, but high property taxes make up for that lost income.   Tax rates are $10.27 per $1,000 of a home's assessed value.   The annual taxes on a $375,000 residence would be $3,851.

 

Meredith, New Hampshire


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This is a rugged but beautiful state.  Winters can get cold and bring lots of snow, but for anyone who loves winter outdoor recreation, this is a wonderful area for cross country skiing, snow shoeing, ice fishing, ice sailing and just enjoying the tranquility of winter.   For downhill skiers, Gunstock Ski Area provides 45 trails and is the place for day and night skiing, with panoramic vistas of the lakes and the White Mountains.   On average, the area receives 16 to 18 inches of snow per month from December to March with temperatures in the 20s, teens, single digits.  Invigorating!

 

 

Summers are green and lush (but not too long) and with much to do.  The lake culture is in full swing as there are numerous public boat launches and public beaches, including Waukewan Town Beach, Leavitt Park and Weirs Beach, each with a sandy beach.  State parks include White Lake State Park, Ellacoya State Park and Wellington State Beach.  For the fisherman, Lake Winnipesaukee is the number one spot with salmon measuring 20 inches and weighing 3 pounds.  Trout are plentiful in numerous streams, and Saltmarsh Pond in Gilford, Sky Pond in New Hampton and Upper Hall Pond in Sandwich are all excellent destinations for fly fishermen.  

Hiking is a favorite past time for many; popular treks include those up West Rattlesnake Mountain, Red Hill and Mount Morgan.  There is one golf course in Meredith, the public 9-hole Oak Hill Golf Course, with several others in surrounding towns.  Summer weather makes it hard to stay indoors; temperatures average in the 70s and 80s, and average monthly precipitation is 3 to 4 inches.   Average afternoon humidity ranges between 50% and 60%.

Meredith New Hampshire, Continued...


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