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Close to Skaneateles: Affordable Housing

Close to Skaneateles: Affordable Housing

By Michael Williams                                                                                                                                                                   7/1/21

The news is highlighting the rising price of housing throughout the region, and the causes continue to be a shortage of homes for sale, a surge of buyers who delayed purchasing last year, low interest rates and surging employment.  The result is rising prices for all kinds of properties, from $6.9 million lakefront homes to the home we have for sale at 3993 Highland Avenue.

This home is in a good location just outside the village and as part of an estate is sold as-is.  Everything is working, so you could move in today.  Most buyers might want to update some of the flooring and paint.  Currently the home has 3 bedrooms and 1 bath as well as a garage, but you easily could adjust the home’s layout if you wished.  This home also has a walk-out lower level that you could finish to double the size of the home.  

The level 1.55-acre lot has many mature trees as well as plenty of room for gardening and other pursuits.  All of this is available for just $235,000.  Investors take note as well: rents also are rising, and this home could earn a great return very quickly.

 

 

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