Bottom Fishing in Upstate New York

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LIVING IN THE HAMPTONS, as I do part-time, I’m often floored by the low prices of real estate in breathtakingly beautiful upstate New York. Around here, mean little ’70s houses are often priced at upwards of half a mil (they may not sell, but that doesn’t stop their owners from trying).

The Catskills and Hudson Valley abound with opportunities to buy a vintage country place cheap. I mean cheap. Real cheap. Did I say cheap?

For $400/month, give or take, you can have a place to garden. A place to commune with nature. Hell, a place to go. And quite possibly a good investment.

The 1930s year-round cabin, top, is in a lake community near Bethel (the real Woodstock, so described when it was was featured recently on the ingenious blog Reclaimed Home). The price tag is a mere $54,900. I see nothing bad about it, inside or out. Go here for a dozen more pictures. You will be impressed.

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Meanwhile, the blog Upstater has been getting down, with a new feature called “Five Figure Fridays.” Yep — every Friday, a selection of houses under the 100K mark.

Last week’s installment featured the c. 1900 Pine Hill house above, and a front-porch Victorian in Wurtsboro of similar vintage, below.

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Today’s bottom-fishing expedition spotlights Sullivan County, with five properties starting at 39K. Most of them look quite workable to my see-potential-in-almost-anything eye.

We’re heading into the best house-hunting time of year: dead of winter, when the dilettantes stay in the city with a good book. That’s when prices go even lower, and negotiating with sellers is doing them a big favor.

Another thing you can be sure of: what looks unpromising under wintry skies, surrounded by bare trees, is going to be resplendent in June.

About cara

I blog (for fun) here at casaCARA, and write (for money) about architecture, interiors, gardens and travel for many national magazines and websites.
This entry was posted in BOTTOM FISHING, CATSKILLS, PROPERTIES FOR SALE, REAL ESTATE/INVESTING and tagged , , , , , . Bookmark the permalink.

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