Waupaca Chain O' Lakes Real Estate News & Information
Steve Huhta Remax

Waupaca Chain News and Info

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Sterling Water Acquires Waupaca Culligan Dealership

Waupaca Chain O Lakes Culligan 1 300WAUPACA – Central Wisconsin-based Sterling Water – Chain of Lakes LLC, a subsidiary of Sterling Water Inc., has acquired Culligan of Waupaca.

Sterling Water is a third-generation business that opened in Ellsworth, Wis., in September 1949. The franchise has since grown into a four-dealership organization across Wisconsin and central Minnesota.

“Our approach to business is to not only exceed our customer’s expectations in products and service, but to treat our customers as we would our own family — with kindness and respect,” general manager Darrell Sather said in a statement.

Sather said Sterling Water will retain the staff in Waupaca and plans to hire additional staff in the near future.

For more details Appleton Post Crescent

Chain Groups Meeting Schedule

Lake District Regular Meeting – Waupaca Chain O’ Lakes
10:00 AM Saturday April 18, 2015
Farmington Town Hall
Hwy 54 & Cty Road Q, Waupaca

Lake Association Board Meeting – Waupaca Chain O’ Lakes
Saturday, April 18th 2015, 8:30 AM
Farmington Town Hall

Lake Association Annual Meeting – Waupaca Chain O’ Lakes
9:00AM Saturday June 20, 2015
Marden Center
Wisconsin Veteran’s Home, King

Lake District Annual Meeting – Waupaca Chain O’ Lakes
9:00AM Saturday August 8, 2015
Marden Center
Wisconsin Veteran’s Home, King

Waupaca Chain O’ Lakes District web site
www.waupacachainolakesdistrict.com

Waupaca Chain O’ Lakes Property Owners’ Association
www.waupacachainolakesassociation.com

Final Waupaca Chain O’ Lakes Property Sale for 2014

Waupaca Chain property sales were hot, Hot, HOT in 2015 !!
Waupaca Chain O Lakes real estate Whispering pines
This Long Lake, Waupaca Chain O’ Lakes, property which was last listed for $819,500 sold just before Christmas after being on the market for just 6 months.

Both the buyers and sellers were represent by Re/Max Lyons Real Estate.

This property is very large by Chain standards with 3/5s of an acre of land and 101 feet of sand bottom lake frontage.

This completely updated year around home has 2,942 Sq Ft of living space, two garages, three bedrooms and two full baths and nice views of the lake. At the time of the sale the property had a tax bill assessed value of $596,000.

For a complete list of all Waupaca Chain O’ Lakes properties that sold in 2014 – showing what each sold for along with a list of all properties on the Chain currently for sale please go to www.WaupacaWaterfront.com

Columbia Lake – Waupaca Chain O’ Lakes Home Sells at Christmas Time

Tis the Season …
E1079 Whispering pines Waupaca Chain O Lakes GIS
A Chain property, near Peterson Marine & The Casino on Columbia Lake changed hands just before Christmas…

This three bedroom – two full home has 50 feet of frontage on Columbia Lake. At the time of the sale the property had a fair market tax assessment of $305,900.

For a complete list of all Waupaca Chain O’ Lakes properties for sale and that have sold please visit www.WaupacaWaterfront.com

For a Waupaca Chain “insiders’ newsletter” – so you stay up to date regarding all Chain properties have sold or that come up for sale … please sign up for a valuable “insiders’ newsletter” www.ChainNewsletter.com – no junk EMs, no recipes, no pictures of cute cats or dogs – just valuable and informative Chain News

Internet Connected Thermostats can Save Energy and Massive Headaches on the Waterfront

Waterfront homeowners are many times away from their home or second home for extended periods of time so …. now is the time to consider an Internet connected thermostat.

The most hyped is the “Nest” which Google bought out a while back.

Not only can you adjust your home’s temperature – up or down from your phone or computer by using an “app” connected across the Internet and your homes Wi-Fi network but you can also monitor a home’s temperature while you are not there.
Waupaca Chain O Lakes Nest The Nest also has automatic features that “learn” when you are away and adjust the temperature to save energy. These devices are designed to save energy but, for a waterfront home owner this type of tech gadget can save a home from “freezing up” when the furnace quits and the owner is away, which then prevents massive home owner headaches.

The link below shows some of the features of the Nest learning thermostat.

https://store.nest.com/product/thermostat/

Each year we hear about homes around the Waupaca Chain O’ Lakes that freeze up – causing major water damage while the owner was away and the furnace stopped working. When a Nest or other Internet connected thermostat is connected in a home the owner can monitor their vacant home’s temperature, adjust the heat or AC up or down when they are away or just before arriving back home. And, many of these high tech thermostats can be programed to alert owners when the temperature goes outside of a preset range.

Again, each year we hear of waterfront homes that freeze up and have extensive damage when the homeowner is away so one of these gadgets should be on every second homeowner’s list, if they have a computer or smart phone.

Cool Summer This Year However – 2014 Real Estate Sales on the Chain O’ Lakes are hot, Hot, HOT!

It Was a Cool Summer This Year However – 2014 Real Estate Sales on the Chain O’ Lakes are hot, Hot, HOT!
2013 was a strong year for Real Estate sales on “The Chain” although the number of home sales – 17 transactions – was down from 24 transactions that occurred in 2012. However, the number of transactions last year was more than double what we saw during the recession years.

So let’s talk this year’s numbers:

Prior to the start of the recession (2007) there were 15 real estate transactions. Through the recession years of 2008 to 2011, there were 7-8 yearly real estate transactions on “The Chain” each year. Then things began to heat up and in 2012 the mercury shot up through the top of the thermometer with 24 real estate transactions before the end of the year.
This Chain selling season started out “hot,” in spite of the cooler weather during the summer and has just kept going with 28 transactions so far, year to date. Yes, a record breaking – very hot year and it is not over!

Waupaca Chain O' Lakes Chart sold 29

In addition, there are 3 more homes on the Chain under contract – waiting to close – so there are now 31 homes sold on Chain in 2014.

When analyzing Chain sales over the past several years, clearly the recession for waterfront purchases came to an end in 2012.

And, Chain home sales this year have been spread all across the value spectrum – from well over the million dollar number to a low of $190,000.

At one point in 2011 there were 54 homes for sale on the Chain. Today, there are between 32 and 35 properties with for sale signs posted (and without pending status the MLS) for most of 2014.

Additional analysis also reveals an interesting phenomenon…

When reviewing homes that sold for under $450,000 in 2013, 9 of the 10 sales saw a price that was below, the tax assessed, fair market value. This trend continued in 2014 – but, the disparity has narrowed this year – with only 7 out of 16 transactions again below their tax assessed fair market value in the lower price category.
In contrast, of the homes that sold for over $450,000 on the Chain, the selling price in 6 out of 7 transactions in 2013 were higher than the tax assessed, fair market value. This trend continued in 2014 with 7 out of 10 homes listed for over $450,000, selling for more than the tax assessed fair market value.

This past summer, there were 3 to 4 new homes being built or just finished along Waupaca’s Chain O’ Lakes shores. In some cases, prior to the recession, the buyer chose a residence more for its land, location and waterfront access. Only to tear down the existing property and rebuild their new home on the existing lot. In this instance, 3 of the 4 homes under construction now were owned and lived in before deciding on new construction, thereby investing in their properties, so they may enjoy these homes, long term.

If you’re thinking of selling your Chain property, Waterfront and Waupaca Chain O’ Lakes property specialist Steve Huhta and his office of Re/Max Lyons Real Estate were trusted in 2013, with more transaction sides than any other Realtor or real estate company in the area. This team is well informed and always updated as to current sales and marketing trends so they are your most reliable source for current information regarding Chain O’ Lakes real estate transactions.
For a complete list of Waupaca Chain O’ Lakes properties for sale as well as “Insider” information on homes that have recently sold, visit www.WaupacaWaterFront.com.
You will be glad you did!

 

28th Waupaca Chain O’ Lakes Home Sells – on Dake Lake

channel park soldThe new owners of this property will be enjoying 68 feet firm bottom lake frontage on quiet – slow, no wake Dake Lake.  The home has 3 bedrooms, 2 full baths and a great room with a wood fireplace.

Originally listed for $389,000 in mid May of this year and listed for $374,900 at the time of sale – this one did not take long to change owners.  At the time of the sale the property had a fair market assessment of $384,000.

This is the 28 Waupaca Chain O’ Lakes property to sell this year, which compares to 18 last year.

There are currently 35 properties for sale on the Chain which compares to 53 that were for sale in the middle of the recession.

For a complete list of all Waupaca Chain Properties for sale and that have sold please click:  www.WaupacaWaterFront.com