Real Estate

Stepping Back In Time...

Severance 1983 Property Guide 205Severance 1983 Property Guide 2 206Severance 1983 Property Guide 3 207Severance 1983 Property Guide 4 208Severance 1983 Property Guide 5 209Severance 1983 Property Guide 6 210 For many years, the dominant real estate firm was William E. Severance in Center Lovell (located in what is now the Harvest Gold Gallery). Not only did they sell properties on Kezar Lake but they had listings throughout western Maine and New Hampshire.

Before the age of the internet and information spreading internationally within seconds, Severance published an annual 'Property Guide' that included not only listing details but info on local attractions and activities. It is my understanding that this booklet, filled with photos, was anticipated by many and was mailed throughout the country.

It is a lot of fun to look through the booklet and see properties that we recently sold or have listed currently and see the significant increases in prices. Just might show that an investment in housing, over the long haul, does pay! Buy a four-season home, with 200' of frontage on Kezar Lake, for $82,500. Listing No. 2593J--Call before someone else scoops it up.

I also enjoyed the firm's proud announcement of their new up-to-date computer system which will help them plot maps and calculate acreage.

One other interesting property was found in the 'Commercial' section--The Lovell Village Olde Country Store! Real estate and all equipment for $98,000.

Thanks to Sue Hamlin for sharing this gem from the family archives.

Comments

  1. Charlie on

    Thanks for sharing..
    • Lynda on

      That is so cool!! I will have to come down and see the original!!
      • Website on

        What's up, I desire to subscribe for this website to take latest updates, thus where can i do it please assist.| Website http://rmlspnchodqxw.com

        Housing Trends

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        Asked any local Realtor about 2013 business and you will receive similar answers. The year started robustly with a large number of land sales (relatively quiet for the past several years) and home purchases to first-time buyers. To me, both trends suggested confidence in the future and that folks felt their jobs were secure. Expectations were that summer would sizzle. What happened was more like a summer fizzle. More inquiries and showings did not lead to contracts. Many blamed the sudden jump in interest rates. While that may have been a contributing factor, I sensed a return to the economic uncertainty that has hovered over us for the past several years.

        Having said that, the past month has been busy with a mix of land, primary homes and second homes going 'under agreement' and to settlement. I am not sure what has started this burst of activity but I do know that buyers are taking advantage of the inventory and getting some very good deals while interest rates are still historically low.

        May I suggest taking a look at one prominent Center Lovell home? Conveniently located at the top of Old Stage Road, with 1.6 acres and beautiful White Mountain views, this is the perfect year-round or second home. Please click here for additional photos and detailed information. We would be pleased to show you this exceptional property.

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        Lovell Village Update

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        The official transfer of the Lovell Village lot from the five office condominium owners to the purchaser occurred on June 20th, 2013. The new owner, Menotomy Consulting and Development, Inc., is excited to be part of this historic lot's next chapter. John P. Smith, of Sweden, President of Menotomy Consulting and Development, Inc., plans to construct a two-unit office building at the intersection of Main Street and Christian Hill Road. Each unit will be approximately 1,000 square feet in size. The single-story building will have white clapboard siding, green shutters and architectural shingles and is designed to blend in with the existing village buildings.

        Now that the lot is vacant, you start wondering just how did that large building fit on the small lot? The old multilevel structure covered more than forty-six percent of the lot. Mr. Smith says that the new building will cover just over twenty-three percent of the lot which will greatly increase space for client/customer parking.

        It appears that Lovell will be very happy with the new building's appearance. Mr. Smith formed Menotomy Consulting and Development, Inc. in 1986 and has extensive experience in real estate development and small business consulting.

        Time to start thinking of locating your office in Lovell Village!

        Lovell Village Update...

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        Saturday, February 23rd, marks two weeks since the fire that leveled Lovell's Main Street landmark. Visually and emotionally, it is still hard not to see the building as I drive by. The Association has moved quickly to remove the debris and to clear the site. Thanks to Norris Bennett and Robbie Drew for doing a great job that to me, looked like it would have taken weeks. During this period, I quickly went from the 'dazed' period to taking the many steps needed to move forward. I have learned more than I have ever wanted to know about the insurance process (which will be going on for quite some time). And that all of the little office supplies that one uses on a daily basis are no longer within easy reach in my desk drawer. For better or worse, I am now way too familiar with the location of every item in Staples!

        219 Main Street, Lovell. The new home of Kezar Realty.

        219 Main Street, Lovell. The new home of Kezar Realty.

        IMG_0223 Here is some exciting news: Kezar Realty will be in the Village. Starting Monday, February 25th, Kezar Realty's office will be at 219 Main Street. Just south of the Charlotte Hobbs Memorial Library and across from our previous address. As the process of rebuilding begins, our full-service Agency has not missed a beat (thanks to Rosie's Lovell Village Store for the use of the back booth and our own locker)and we are looking forward to serving our clients in 2013 and beyond.

        Although our physical location has changed, everything else remains the same. Visit KezarRealty.com for all of our contact information, our listings and our vacation rentals. Or better yet, stop in and visit.

        Comments

        1. Jim Rowe on

          Hope it goes well for you. Hang in there.
          • Jan on

            Congratulations, Stan. This is a great news! I am sure this is the result of great relationship building in Lovell!
            • Lynda on

              Amazing recovery. You are an inspiration to me.
              • Stanley Tupaj on

                Thank you very much!

                January 2013

                2013 January Temp

                Most of the country has been experiencing a cold snap and it got pretty cold here earlier this week. Our house had a -7 reading one morning while a number of people at Rosie's said they had a low of -12. Either number, with the wind blowing hard, meant it was wicked cold outside. The good news is that I will now feel safe going onto Kezar Lake to walk with the dogs or go for a ski.

                The Lovell Lions is sponsoring a two-day Ice Fishing Contest on Saturday February 16th and Sunday February 17th. The 4th Annual Derby uses all lakes and ponds over 100 acres in Oxford County with a weigh-in at 4pm each day at the North Lovell Grange Hall. Lots of prizes for heaviest fish plus additional raffles prizes. Entry fee is $10. Click here for more information.

                On the home sales front, 2012 finished strong with a busy December. Sales increased 11.84% from December 2012 to December 2011 with the median sales price increasing 6.25% to $170,000. For the 2012 calendar year, Maine REALTORS sold a total of 11,521 homes, a jump of 1,684 homes with the median sales price increasing 3.03%! Click here for complete details. With two January 2013 settlements already in the books and one scheduled for early February, Kezar Realty is optimistic and ready for the upcoming year.

                Not only is WordPress a great platform for blogs and websites, but the company provides access to great stats as to how many people are viewing your posts, what they are reading and just how did they come to KezarLife. Here is a summary of KezarLife's 2012 activity:

                The WordPress.com stats helper monkeys prepared a 2012 annual report for this blog.

                Here's an excerpt:

                600 people reached the top of Mt. Everest in 2012. This blog got about 9,600 views in 2012. If every person who reached the top of Mt. Everest viewed this blog, it would have taken 16 years to get that many views.

                Click here to see the complete report.

                Comments

                1. Jim Rowe on

                  Stan, good news about the real estate market showing signs of life. Hope 2013 will be a good one for you and your business!

                  Vacation Rentals

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                  Who would imagine, that when a nice snow is coming down and football conference championship games are about to be played, that the phones are busy with summer vacation rental inquiries and bookings? The number of visits to KezarRealty.com has spiked dramatically over the past 40-60 days. As they begin planning for their 2013 summer vacation, many of the visitors are looking at the Vacation Rental listings.

                  Since Kezar Realty opened 3 1/2 years ago, both our sales and vacation rentals have continued to grow. Jeanne Bonner, our Vacation Rental manager, says that in 2012 Kezar Realty booked a total of 75 weeks whereas in 2010 we booked only 33 weeks. And the number of owners with cabins available for rent continues to grow. So there is a cabin for every family size and budget!

                  Please don't hesitate to contact Jeanne with Vacation Rental questions. She can be reached at 207-925-1500 or jeanne@fairpoint.net.

                  Comments

                  1. Beth Quinlan on

                    Love both pictures. Feels like home when I can look at the snowy, rather generic one and know exactly where it is.
                    • Stanley Tupaj on

                      And it is nice to get some fresh snow to 'whiten' things up!

                      A Look Back and A Look Forward

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                      Over the past four to five years, nothing in the housing market has resembled "normal". Foreclosures and short sales seemingly were everywhere, prices were dropping fast while potential buyers were not confident of their future employment. Uncertainty was everywhere and adding to the local market problems, vacation homes were not a major priority for many people. No question, it was a dark time.

                      Little more than a year ago, we started to see some small changes. For the first half of 2012, the majority of my business was related to year-round,first-time homebuyers. That, to me, was a major sign of hope as it indicated that they were confident of retaining their jobs. This segment of the market had been absent for a very long time. It also suggested that buyers sensed prices were hitting bottom (why buy now if the house will be worth less in four months?). And many sellers listened to offers as they grudgingly acknowledged that prices were not bouncing back to pre-collapse levels. A sense of optimism returned!

                      This trend continued through the summer and fall as we had a number of Kezar Lake transactions. The activity was welcomed, especially since there were few waterfront sales during the previous three summers. Some of the camps sold were on the market for multiple seasons which indicates that buyers were ready this year but not in previous years.

                      As we enter 2013, will this slow and steady trend continue? Despite the uncertainty of the shameful budget shenanigans occurring in Washington, most signs point in that direction. The number of jobs keeps expanding, interest rates remain low and prices don't appear to be snapping upwards. Visits to our website, KezarRealty.com, have increased significantly over the past twelve months. November year-to-year sales for the state of Maine jumped up 23.6 percent while the median sales price increased 1.92 percent to $172,250 (Maine Real Estate Information Systems).

                      We are heading in a positive direction and while it appears that we might have a balanced playing field it is still a buyer's market. However, if sellers price a home properly, chances are that it will be shown often and attract potential buyers.

                      Whether you are a buyer or a seller, please do not hesitate to call Kezar Realty (207-925-1500) with any questions. We would be happy to help. Have a Happy and Healthy New Year!

                      Comments

                      1. Jim Rowe on

                        I THINK YOU ARE TOTALLY RIGHT! JUST HANG IN THERE,

                        5 South Lower Bay Road, Kezar Lake

                        Here's a Year-Round Kezar Lake home with 104 feet of frontage. The ranch-style home has more than 1,400 square feet of living space, a front deck with hot tub, a family room, an open dining, kitchen and living area, a large fieldstone fireplace plus two bedrooms and extra sleeping space for guests.

                        Relax in the yard or on your dock as you enjoy the special Lake and mountain views!

                        Click here for more details and to view the virtual tour.

                        5 South Lower Bay Road, Kezar Lake

                        Here's a Year-Round Kezar Lake home with 104 feet of frontage. The ranch-style home has more than 1,400 square feet of living space, a front deck with hot tub, a family room, an open dining, kitchen and living area, a large fieldstone fireplace plus two bedrooms and extra sleeping space for guests.

                        Relax in the yard or on your dock as you enjoy the special Lake and mountain views!

                        Click here for more details and to view the virtual tour.

                        Kezar Lake Opportunities

                        Although I would never use the word "robust" (strong and healthy) to describe this year's local housing market, there has been an uptick in activity, especially when measured against the past four-five years. Most of Kezar Realty's transactions this year have been with year-round residents. Based on their long absence from the marketplace, I consider that alone to be a positive sign. Buyers sense that prices are no longer dropping and they have confidence that their jobs won't be disappearing in the near future. Sellers might not be happy that prices are not returning to previous levels but they should be encouraged that people are once again interested--at a certain price!

                        Here are two Kezar Lake properties that should attract interest from buyers who have always wanted their own little camp on the lake!

                        8 North Lower Bay Road, Lovell A three-bedroom, one bath seasonal home just steps from the shore on a 1/2 acre lot. A sandy beach, 100 feet of frontage and mountain views to the south and west makes for a great family camp. Plus a great rental history. MLS # 995864. $295,000! Call 207-925-1500 or click here for more detailed information and to see the virtual tour.

                        66 Whidden Road, Stow Here is a cozy log cabin that provides an open view of Kezar Lake's Lower Bay. The master bedroom is on the second floor with extra sleeping space on the first. A wood stove, cathedral ceilings, skylights, a screened porch and dock! 135 feet of frontage and priced at $374,900! Brand new listing so call for details. Looking forward to seeing you on the Lake!