The Fizbit

Fizbo Market Record — March 27, 2026 Among the active listings in New Hampshire, this new construction chalet at 1451 Main Road in Chatham sits at the 71st price percentile statewide at $379,000, placing it in the upper tier of a market where the state median hovers at $145,000. With only a handful of comparable listings in the Chatham market, the competitive set is thin, which cuts both ways: less direct competition, but also limited comps to anchor a buyer's perception of value. At 1,268 square feet priced at $379,000, the implied price per square foot comes to approximately $299. For a new construction property in a vacation-adjacent corridor of Carroll County, that figure reflects the premium buyers typically pay for never-lived-in condition and the absence of deferred maintenance. The structure sits on a 0.35-acre lot at 15,246 square feet, providing meaningful outdoor separation without the burden of extensive land management. The property type — a chalet or A-frame — commands a distinct buyer profile in this geography. Vacation and short-term rental demand drives a disproportionate share of transactions in the White Mountains corridor, and Chatham's lack of town restrictions on short-term rentals is a meaningful operational differentiator. Markets with explicit STR prohibitions or permitting burdens show materially lower investor interest; Chatham sidesteps that friction entirely. Comparable STR properties in Carroll County have historically traded at gross yield multiples that justify pricing in the $350,000 to $425,000 range depending on rental income documentation. The two-bedroom, one-bath layout is the most common configuration in the vacation cabin segment of this market. Cathedral ceilings and an open floor plan are standard expectations for the A-frame form factor, and buyers in this segment will benchmark accordingly. What stands out relative to resale inventory is the year-built advantage: a 2026 construction date means the buyer inherits no mechanical risk, no aging roof cycles, and no near-term capital expenditure exposure. That is a genuine quantifiable advantage over 1970s and 1980s vintage cabins that dominate the Chatham resale pool. Proximity to the Baldface Trailhead and Emerald Pool, as well as four ski areas within reasonable driving distance, positions this property for year-round demand rather than seasonal-only occupancy. Chatham's access to the Fryeburg Fair in fall and the North Conway outlet corridor further supports shoulder-season utilization, which directly affects STR revenue modeling. For an investor underwriting to an 8 to 10 percent gross yield, the math requires approximately $30,000 to $38,000 in annual gross rental income — achievable but not automatic in this submarket. With 42 days on market, the listing has not yet crossed into the threshold where price reduction expectations become routine, but the clock is running. In a thinly traded market like Chatham, the pool of qualified buyers is narrow. The listing agent should consider whether STR income projections and explicit proximity data to recreational amenities are being front-loaded in marketing materials, as those are the primary purchase motivators for the buyer who can pay $379,000 for a two-bedroom in a rural NH zip code.