People and Property: Real Estate and Construction News From Around NH
Mixed-use development gains in Portsmouth, pickleball complex planned in Rochester … and more
A proposed mixed-use development planned for the corner of Maplewood Avenue and Deer Street in Portsmouth has received generally favorable reviews from the city’s Historic District Commission. Developer Thomas Hamilton Balon Jr. is proposing to build the development at 161 Deer St., which will feature commercial and retail space on the first floor with three floors of residential and a penthouse above. He previously told the board the average size of the 19 proposed residential units in the project will be 2,400 square feet, and will be either apartments or condominiums. According to the Portsmouth Herald, the proposed development is located where Deer Street Associates had proposed building one of four mixed-use projects in cooperation with the city, but none of the projects have broken ground.
Two waterfront single-family homes in Strafford County sold for more than $2 million each last month, as county home sales hit new record highs, according to the Strafford County Board of Realtors. The highest priced sale in the county was a lakefront home in Strafford, at 45 Bow View Drive, which was listed at $2.45 million and sold for $2.7 million after five days on the market. In Dover, a riverfront home at 39 Shore Lane sold for $2.1 million in June. The average median price of a single-family home sold in Strafford County set a record high of $435,000 in June. It’s a hike from the $414,500 reported in May, and breaks the $420,000 record set in April. A year ago, the median price was $378,000.
Harry Wesson of Wesson Realty, a Rochester real estate firm, has received approval from the Rochester Planning Board to open a pickleball complex with five indoor and four outdoor courts. Foster’s Daily Democrat reported that Wesson plans to open the entire complex in phases. Wesson said his goal is to open at least two indoor courts this winter, complete with locker rooms and a reception area. The remaining courts will be open during 2023.
Southeast New Hampshire Habitat for Humanity receives $15,000 grant from Wells Fargo to build Veteran Family home in Farmington Southeast New Hampshire Habitat for Humanity has received a $15,000 grant from Wells Fargo Foundation to help build a home in Farmington for a veteran and his family. The organization was one of 230 Habitat for Humanity affiliates awarded a grant from the foundation as part of its initiative to help low- and moderate-income families build and improve their homes.
Savings Bank of Walpole’s Christine Greenwood-Smart and Sarah Rosley were recently recognized as 2021 Top Mortgage Loan Originators for bank mortgage programs both statewide and regionally by the Registry Review, which annually publishes data collected by The Warren Group outlining the top loan originators in the state and its regions based on total dollar volume and number of loans closed. In the most recent rankings, Greenwood-Smart and Rosley were included in both the top ten list statewide and the top five list in the Monadnock Region.