Friday, February 24, 2012

Third Waupaca Home Sale of the Year

Rarely do properties on the Waupaca Chain O' Lakes sell while the ice is on the lakes.

This year is clearly an exception with three sales so far this winter:

A 1,950 Sq Ft home on Bass Lake just closed.

This year around home had 3 bedrooms, two full baths, two decks and 50 feet of water frontage. The listing started in mid-2008 at over $500,000 and was most recently listed for $255,000.

Thinking of Buying or Hoping to Sell waterfront property?

Hire a Realtor who lives on a Lake and is a waterfront property expert to help you navigate the unique twists and turn of waterfront property transactions. And, hire a Realtor who tracking waterfront values daily – so you do not have to!

For a complete list of all waterfront properties for sale in this area and to get your “Waterfront Buyers Guide” which can save you tons of headaches and tens of thousands of dollars go to www.WaupacaWaterfront.com

Or…

For list of waterfront property transactions and for a waterfront sellers guide which could help you attract more out of town buyers and includes tips for maximizing your property’s value when selling – go to www.SellMyChainProperty.com

Steve Huhta 920-889-9989 Steve@Huhta.com

Tuesday, February 21, 2012

Reminder: Installing Carbon Monoxide Detectors - Its the Law and a Good Idea

Many waterfront homes are older structures, which might have older furnaces. As a result, installing carbon monoxide detectors is a good idea – in fact, it is the law:

Effective February 1, 2011: the state decreed that all Wisconsin property owners must have carbon monoxide detectors on all levels (including basement, excluding attics) of one and two family homes. There’s no fine for not complying and there are no carbon monoxide detector police, just like with smoke detectors, but we should all comply.

The law is already in effect for multi-family homes in Wisconsin. For Wisconsin new construction homes the alarms will have to be hardwired into the home’s system. Existing Wisconsin properties may use battery operated units.

Monday, February 13, 2012

Waupaca Chain Boat Show

Mark your calendars: the 6th annual Waupaca Chain Antique & Classic Wooden Boat Show & Parade is scheduled for Saturday July 14th at the Harbor Bar.
for more info or to show your boat: www.WaupacaBoatShow.com

Saturday, February 11, 2012

Coolest House Siding Ever

This has to be the coolest, no pun intended, siding ever installed on a house!  Ya, it is real veneered tree bark - being installed on a Waupaca Chain, Strongwood Homes, building project.  Nice work Thad and company!


Friday, February 10, 2012

Walley World Fisheree - Tent Set up

Organizers are setting up the Walley World Fisheree tent on Taylor Lake today in a snow storm. Forecast is: 16 degrees on Saturday with a wind chill of 25 below


Saturday, February 4, 2012

New Legislation Would Take Aim at Nonconforming Waterfront Property Regulations

This Miner Lake, Waupaca Chain O' Lakes property to the left is clearly a non conforming property as it is to close to the shoreline....

From the Lakeland Times:
Bill would allow unlimited maintenance, repair; codify NR115

It's still in draft form, but lawmakers are readying legislation that would take aim at the state's regulation of nonconforming structures, principally by allowing unlimited maintenance and repair and moving state shoreland zoning standards from administrative rule rubric to statutory standard.

The Wisconsin Realtors Association requested the legislation, according to an article posted on its website by Tom Larson, the WRA's vice president of legal and public affairs.

 For decades, the state's nonconforming statutory language, not to mention its regulatory companions, has shrouded homeowners in a cloud of uncertainty about what they can or cannot do with nonconforming structures. This new legislation, the WRA states, would remove that uncertainty.

The idea, the story states, is to clarify for property owners how they can repair, maintain and improve legal, nonconforming structures, or buildings that met zoning requirements when they were built but no longer do. As the WRA acknowledges, there are a variety of ways an existing structure can run afoul of changing dimensional requirements: setbacks, height, lot coverage ratio, impervious surface coverage, or "any other regulation relating to the size or the placement of a building on a lot."

Unlimited maintenance and repair

First, the legislation would allow property owners to perform unlimited maintenance and repair.

"While zoning ordinances will change over time, such changes should not prevent or place artificial limits on the ability of property owners to maintain and repair their existing homes and buildings," the WRA states. "Protecting the ability of property owners to keep their homes in good condition and make necessary repairs will help encourage greater investment in homes, buildings and older neighborhoods."

Specifically, the WRA points out, the legislation would allow owners of nonconforming structures to maintain and repair their homes without limitations on the dollar value of such maintenance or repairs.

That would be a significant change because even under the state's revised shoreland administrative code, NR115, local governments can - and do - still impose the so-called 50-percent rule, which limits repairs, alterations and additions to nonconforming structures to 50 percent of a structure's equalized value.

Perhaps the most important change under the proposed measure would be to codify into law the regulatory framework of NR115.

"By placing this framework into the statutes, local governments would be effectively prohibited from enacting and enforcing regulations that are more restrictive," the WRA states.

That's important, the story continues, because even though the revised NR115 represents what the group calls "a more reasonable approach to regulating nonconforming waterfront homes and substandard lots," local governments are free to transcend them, including but not limited to the 50-percent rule.

"While these regulations achieve a better balance between private property rights and environmental protection, Wisconsin's shoreland zoning regulations are only minimum standards," the WRA states. "This means that local governments can adopt more restrictive regulations on nonconforming waterfront homes."

So, for example, while substandard lots may be built upon under NR115 if they have never been merged with adjacent lots, the WRA observes, a local government could prohibit such building or require them to be merged with adjacent lots under one owner.

The same is true of allowing unlimited maintenance and repair, or vertical expansion up to 35 feet between 35 feet and 75 feet of the water if local mitigation requirements are satisfied.

The accumulation of local restrictions affects property values, the WRA states.

"These restrictions impact the value of the property because purchasers are obviously unwilling to pay the same amount for a home with these restrictions as they would for the same home with no restrictions," the group asserted. "In addition, lenders are reluctant to offer financing because these homes are considered 'higher risk' due to the fact that restrictions placed on the ability to maintain, repair and improve these structures reduces the functional life on the structures."

A significant concession

That the WRA recognizes the need for nonconforming legislation signals a marked departure from its previous position. The WRA was in fact one of the most influential partners with the DNR in rewriting NR115, and signed off on the final version.

In so doing, the organization touted the rule's language on nonconformity as one of its strongest points precisely because it allowed unlimited ordinary maintenance and repair, as well as expansion in certain circumstances. As such, though new impervious surface requirements might make many existing homes nonconforming, it no longer practically mattered.

Larson said the protections for nonconforming structures mattered most for the WRA.

"The biggest thing was the nonconforming structures," Larson told the Milwaukee Journal Sentinel. He told the Chicago Tribune the same thing, calling the proposal, according to the newspaper, a fair compromise, especially for owners of nonconforming structures.

"You can basically keep what you have," he was quoted as saying.

 The problem was, though that's what the rule stated, that's not what state statutes said was necessarily true, a fact the WRA is now acknowledging.

Indeed, in addition to the 50-percent rule, the law continues to allow counties to simply forbid any nonconforming residential structures to exist at all, and it endows towns with the same powers. The only restriction the statutes place on the elimination of nonconforming uses pertain to trade and industry, not residential ones.

The law reads: "An ordinance enacted under this section may not prohibit the continuance of the lawful use of any building, premises, structure, or fixture for any trade or industry for which such building, premises, structure, or fixture is used at the time that the ordinances take effect, but the alteration of, or addition to, or repair in excess of 50 percent of its assessed value of any existing building, premises, structure, or fixture for the purpose of carrying on any prohibited trade or new industry within the district where such buildings, premises, structures, or fixtures are located, may be prohibited."

To be sure, there is no evidence any municipality has tried to phase out or eliminate a nonconforming home based on that statutory allowance, but the language exists nonetheless.

Second Chain O' Lakes Property Sale in 2012


Property sales on the Waupaca Chain O' Lakes are off to a good start in 2012, with a second sale.  A 2,175 Sq Ft, 4 bedroom home with 122 feet of water frontage on Miner Lake has sold.  The property was most recently listed for $699,000.  It is rare for waterfront homes to sell when the ice is covering the lakes but, this year there have been two sold.

For a complete report and analysis of Waupaca Chain O' Lakes real estate sales or to get a complete list of all Waupaca Chain properties for sale please go to: www.WaupacaWaterfront.com
Thinking of selling Waupaca Chain O' Lakes real estate?  Get a 16 page report which will help you attract out of town buyers and sell for the highest possible price go to:  www.SellMyChainProperty.com