Here’s the thing: As the Hudson Valley and Catskills continue to grow in popularity among homebuyers and not just tourists, those turn-key five-figure properties get increasingly difficult to find. The end of plopping down $50K in cash for a home in Kingston that only needs cosmetic work is nigh if not upon us, so it’s time to bite the bullet and broaden our price search.
The good news is, once you open up your property search to $150K max, your options become much more numerous. Take, for example, this three bedroom home in the village of Port Ewen, located across the Rondout Creek from downtown Kingston. For a listing price of $129.5K, it seems to be a good value with 1700 square feet + basement, two full baths, wood floors, and big windows. The interior is a blank canvas in need of pizzazz, and the kitchen could use updating, although we like its roomy layout. Also includes washer/dryer, and central A/C. And, there’s a shed out back.
The corner lot doesn’t offer a ton of privacy, but it’s walking distance to the quiet hamlet and five minutes’ driving distance from Kingston. There are three Scenic Hudson parks just a few minutes from here: Esopus Lighthouse Preserve, Esopus Meadows Preserve, and High Banks Preserve. We have no objections to its location. Say good bye to renting!
177 Salem Street, Port Ewen (Mary A. Bono Real Estate)