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Preforeclosure Homes in Broad Channel, NY

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Living in Broad Channel, NY

Broad Channel, NY offers a unique blend of island life, community spirit, and convenient amenities. It's a peaceful neighborhood perfect for families and individuals looking for a suburban feel without sacrificing access to urban conveniences. Residents enjoy recreational opportunities in and around the water, along with excellent transport links.

Current Market Conditions in Broad Channel, NY

The real estate market in Broad Channel has seen steady growth over the years, driven by the area's popularity among homebuyers looking for charm and community. Prices are relatively affordable compared to other neighborhoods in Queens, presenting an attractive option for new investors.

Recent trends indicate an increasing interest in waterfront properties, contributing to property appreciation. With ongoing development and investments in local infrastructure, the market is poised for sustained demand.

Home Value Estimator For Broad Channel, NY

There are currently 1,169 real estate properties in Broad Channel, NY, with a median automated valuation model (AVM) price of $533,763.00. What is an AVM? It is a smart computer program that analyzes and predicts the approximate value of a home, property or land in Broad Channel, NY, based on current market trends, comparable real estate sales nearby, historical data and, of course, property features, among other variables. These automated home estimates are often very helpful, providing buyers and sellers with a better idea of a home’s value ahead of the negotiation process. For example, the average home price in Broad Channel, NY, is $591,740.00, with the most expensive house in Broad Channel, NY, topping out at $2,849,600.00 and the cheapest home in Broad Channel, NY, clocking in at $10,616.00. In other words, there’s something for every potential homebuyer or savvy investor in Broad Channel, NY!

Rent Prices In Broad Channel, NY

With the expiration of certain local, state and federal housing-related restrictions and mandated programs, the rental market in Broad Channel, NY, is on a rollercoaster ride. The average rent price in Broad Channel, NY, is $1,904.00. Indeed, when looking to rent in Broad Channel, NY, you can expect to pay as little as $1,440.00 or as much as $3,130.00, with the average rent median estimated to be $1,900.00. The good news is that finding an affordable and desirable property to rent in Broad Channel, NY -- whether it’s apartments, townhomes, condominiums or single-family homes -- is made easier with knowledge of the local market and, of course, a little patience.

Broad Channel, NY Preforeclosure Homes


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