Living in Retsof, NY
Retsof, NY is a peaceful village with a close-knit community and beautiful landscapes. It offers a tranquil suburban lifestyle with access to good schools and recreational parks, making it an excellent choice for families and retirees. The area is steeped in history and provides various opportunities for real estate investment.
Current Market Conditions in Retsof, NY
The real estate market in Retsof remains stable, with a slight increase in property values over the past few years. This trend indicates growing interest from potential homebuyers seeking a serene environment away from the hustle and bustle of larger cities.
Investors may notice potential for growth due to the area's appealing characteristics, including low crime rates, community involvement, and an emerging interest in rural living. Properties priced below the regional average attract first-time homebuyers and investors looking for affordable opportunities.
Home Value Estimator For Retsof, NY
There are currently 84 real estate properties
in Retsof, NY,
with a median automated valuation model (AVM) price
of $171,380.00. What is an AVM? It is
a smart computer program that analyzes and predicts the approximate value of a home,
property or land in Retsof, 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 Retsof, NY,
is $199,695.00, with the most expensive house
in Retsof, NY, topping out
at $388,183.00 and the cheapest home
in Retsof, NY,
clocking in at $61,727.00. In other words, there’s
something for every potential homebuyer
or savvy investor in Retsof, NY!
Rent Prices
In Retsof, NY
With the expiration of certain local, state and federal housing-related restrictions
and
mandated programs, the rental market in Retsof, NY, is on
a rollercoaster ride. The
average rent price in Retsof, NY,
is $1,316.00. Indeed, when looking to rent in
Retsof, NY, you can expect to pay as little
as $920.00 or as much
as $1,760.00,
with the average rent median estimated to
be $1,300.00. The good news is that finding
an affordable and desirable property to rent in Retsof, 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.