East End of Long Island Under 500K
- Winter…so what? Brooklyn Flea is open in DUMBO
- Urgent real-estate questions
Right: 1810 sea captain’s house in Greenport, asking 459K
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10 REASONS OLD HOUSES ARE A GOOD INVESTMENT IN ANY KIND OF MARKET
1 There is a finite number of them.
2 They are getting rarer.
3 Their construction is solid.
4 They were built to last.
5 They have already passed the test of time.
6 They have detail: moldings, baseboards, panel doors, plasterwork, fireplaces, etc.
7 They are generously proportioned.
8 They’re green: re-using an old house instead of building new saves energy and resources.
9 They have intrinsic value.
10 They hold their value in a downturn.
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