Introducing….A New Weekly Feature

Regional Real Estate Under $450,000! 

As a licensed jaded New Yorker who looks at a million dollar home listings and calls them reasonable, I thought it would be fun to post a weekly house that real Americans can buy.

Looking at listings for my brother-in-law who wants a weekend getaway from the city, I was thrilled to find so many houses, and really NICE houses, in the $250-$300k range in Dutchess County.

Now, I know all you people who live outside the tri-state look at us dopes who pay so much for a home and tax say Get Out, Move, Leave, Come to North Carolina or Florida or Iowa – we’ll show you how far your dollar will go. That isn’t always possible – for work reasons or family ties, or even sentimentality. So why not stay here, buy a cute fixer-upper for a song, roll up those sleeves and build equity?

Here’s the first listing, right here in Pound Ridge. The address says Pound Ridge Road but it’s actually nicely off the main drag, on an old spur of a road that I never knew actually had a name.

23 Pound Ridge Road, Pound Ridge New York

poundridgerd1

Historical Landmark. Own a piece of history in this 1860 Colonial filled with many original features. Picturesque setting on level .44 acre overlooking pond. Garage was a former coach house. Solid house with endless possibilities. Rocking chair porch, 2 fireplaces. Formal Dining room, 3 Bedrooms and 2 baths. Spacious living room with bow window. Wood floors and carpet. Upstairs hall is perfect for office or study area. Full walk out basement. Patio. Updates include, furnace, water tank, septic tank, oil tank and roof.

Looks like grandma and grandpa lived out their years here, the home loved but now in need of another generation to raise kids there. The bones seems okay from the photos but most of what’s inside needs soup to nuts overhaul. The kitchen could be blown out in the back of the house to enlarge, and I’m sure the bathrooms need to be redone, but otherwise, I’d keep most of the rooms as is. Sand the wood floors. Pull up carpeting. Paint inside and out. Rip off the canvas “patio”.

There looks to be a pond (man made?) behind the home which to me is a plus – ice skating in the winter for sure. I don’t know who owns the pond – there’s another house next door who is on the water as well. In any event, I love this little place and hope hope hope it finds a young family willing to bring it alive again. The taxes are listed “only” as $8600 (which in Westchester County IS a song) and the listing says Taxes to be verified which I’m guessing it means that the sellers lived there a zillion years and never saw any major tax reassessment. You can be assured the $8600 will double once you get out the paintbrush. Such is life in New York

23prroad2

I’ll look for fun houses every Wednesday, keeping the budget under the $450 mark. Deal?

13 thoughts on “Introducing….A New Weekly Feature

    1. No rules. If you see something submit it. Wait, I guessing rule would be it’s around here. Northern Westchester. Or Fairfield county. Places where the norm is $Millions. Anything else you can think of?

    1. Gee, so many young couples would want this. I think it would appeal to next generation locals rather than those fleeing the city for a first time suburban home. It probably requires knowing a network of carpenters, electricians, and plumbers, or having them in your immediate family. The house needs some $$$ but if the new owners can get the work done using their own labor, they’ll get some good equity. There are expensive homes on that street.

    1. Hmmmm. You could be right. But I was thinking of a simple bump out for the kitchen. If you Google Earth this house, you’ll see another home on the pond, with an accessory building (shed/garage?) almost on the water. Of course, it was surely put there before Towns went ballistic on what they call wetlands. It’s insane.

  1. You could probably put $200k into this house and have something fabulous. And all-in for $650k in Westchester is pretty good!

    1. Agree. I’m watching my children’s peers hunt for their first home here for under $500k. They redo them over time, have their first child, then sell for a cool profit and move up to the next level, maybe $750. They seem to be far more fiscally conservative then we were. A good thing.

  2. If you watch nationwide weather, you know that in this part of the country we seem to be working up to something like a repeat of the Great Flood of 1927. Husband out of town all week; I am home alone with the dog. A dog who’s afraid of thunder … a dog who deduces that whenever he hears raindrops it means thunder is coming … a dog who has his own Valium prescription for storms, for heaven’s sake. Not that it does much good. I haven’t been this sleep deprived since my 23-year old was an infant. So, in my crankiness, I cannot resist picking apart this listing!

    Forget the visuals, I’ve got alarms going off in my head from the write-up alone.

    Historical Landmark — The capital L in Landmark makes me think this might be an official designation of some sort, rather than merely descriptive. Could be a big headache for expansion, upgrades, and even the materials used in basic repairs.

    1860 colonial filled with many original features — which original features, pray tell? If they’re attractive things like mantels and moldings and walnut floors and the bannister, why not say so?

    Overlooking pond — as someone mentioned, wetlands rules might kick in. And is there an “attractive nuisance” issue? Although I hate to think like that — I grew up in the northeast ice skating on a small backyard pond that the owner actually groomed for local kids to enjoy.

    Garage is a former coach house — and the point of that observation is … ? If it’s so alluring, why not show a photo? And btw, how many cars fit in?

    Wood floors and carpet — always gotta wonder what’s under that carpet. Always.

    That list of updates — “updates” is a very vague word. It’s safe to assume they’re post 1860, but beyond that it’s anyone’s guess.

    Yer pal,
    Debbie Downer

Comment 100% Anonymously. No email address required.

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out / Change )

Twitter picture

You are commenting using your Twitter account. Log Out / Change )

Facebook photo

You are commenting using your Facebook account. Log Out / Change )

Google+ photo

You are commenting using your Google+ account. Log Out / Change )

Connecting to %s