Home Buying in Conway>Question Details

Oceans11, Home Buyer in Conway, NH

What is the appreciation for condos selling in Conway and North conway over the past 10 years?

Asked by Oceans11, Conway, NH Sat Jun 5, 2010

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While properties appreciated from 2003-2006 the started a decline from 2007 to 2010. The decline was much less than the appreciation we saw however. Individual complexes have fared better than others. The best way to guage value for any specific condo is to have a local broker perform a broker price opinion for you. different size units and different styled units will have appreciated more than others.
Web Reference: http://www.ScottSellsNH.com
0 votes Thank Flag Link Sun Jun 13, 2010
Hello Oceans11- Here are some answers-
http://www.city-data.com/city/North-Conway-New-Hampshire.html

Seems like the median home price in N. Conway has done quite well over the past 5 years. That seems a bit surprising to me. I think you need to do some additional research on this. From my experience, vacation-type condos have had a huge negative hit in the past 2 years.
I'm a mortgage officer as well as a builder. Let me know if you need any further assistance on this, etc. Thanks, and good luck,
Ken L.
0 votes Thank Flag Link Sun Jun 6, 2010
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