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