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Real Estate



 

In addition to our steady increase in business, Sullivan County is also experiencing a housing boom. The increasing demand for affordable housing from people who commute to the New York Metropolitan area for work or those who want an affordable weekend escape has stimulated our real estate market. Developers here are creating affordable single family homes as well as condos, townhouses and artist lofts to meet the demand.

Another increasing trend is second homes with prices well over $500,000 and many over $1,000,000. The abundant space, pristine lakes, rivers and woodlands are luring executives from finance, publishing, fashion, art and entertainment to find refuge in our tranquil hills and valleys.

For a listing of local realtors, visit
Sullivan County Board of Realtors

Real Estate Q&A with Tom Freda

What is the cost of an average home in Sullivan County?
The average sales price of all sold homes in Sullivan County in the first quarter of 2005 was $190,669. Sullivan County showed an 18.6% increase in median home prices

What styles of homes are available in Sullivan County?Sullivan County has a housing diversity that most areas of this country do not have. We have styles from the most primitive farmhouses to the ultra contemporary homes. Many of our villages offer older Victorians and Colonial style homes that reflect the era.Nowadays, people are building all sorts of styles-whatever suits their needs and lifestyle.

What is the price range for a new, three bedroom, home?The price of a new 3-bedroom home ranges from $130,000 to $450,000  depending on amenities. Lakefront or a large tract of land can increase the price dramatically, as well as the condition and setting of the home itself.

Are there benefits in buying a house in a town?A house in a village or town can be cheaper and reduce your cost of living. You can walk or bike to main street shops. The cost of driveway snow plowing and maintenance is less. The switch from city living to country living can be less dramatic by moving into a town.

Are older homes in need of repair a good investment?Older homes in need of repair can be a great investment. Hundreds  of homes throughout the county have been saved from the wrecking ball due to hardworking homeowners with a vision and a keen eye for design. The television show "This Old House" and others have helped homeowners get involved in these do-it-yourself projects.

Are there any unique buildings like old barns, churches, schoolhouses, available?
The area has a rich heritage in converted residential structures. Over the years people have renovated churches, schoolhouses and barns. Contact your local realtor to find out the availability of these odd and creative structures. Because they are unique, your realtor will know the inventory, and have a fun time showing them to you. For a listing of local realtors, visit  The Sullivan County Board of Realtors