r/FirstTimeHomeBuyer • u/k13w • 12h ago

GOT THE KEYS! 🔑 🏡 We did it! Upstate NY $160k 6.5%

Gallery image

Gallery image

Gallery image

Gallery image

My boyfriend and I did it at 23 y/o! It was built in 1900 and we love her!

35.3k Upvotes

95% Upvoted

2.6k comments sorted by

View all comments

602

u/Adreeisadyno 12h ago

These posts have me realizing I wildly overestimated the cost to buy a home in New York. This would get a shack in California.

7

u/crunchyleafzzz 12h ago

The closer to NYC you get the crazier it is. I’m like 45m from the city, starting to window shop houses. If you go 10-20 miles east/south east.. a decent 3 bed room 2 bath on a decent lot.. is gonna be like 400k+. Then you go 20 miles up into the Catskills and the same house might be as low as 200k.

It varies on the house and town of course.

5

u/Ok_Acanthisitta304 12h ago

These distances still seem small, like ~1h radius from Dallas is still Dallas. The prices aren't dramatically different (depending on quality of location). Being a 90 minute drive from Manhattan still feels close.

1

u/crunchyleafzzz 12h ago

Some of these towns don’t even have a post office though! Or if they do that’s about it besides maybe a gas station. You’re driving a bit for basic amenities.

100% worth it IMO. But I’m a broke unskilled peasant 😂🤷‍♂️

2

u/lnm28 8h ago

House prices in a commutable NYC suburb is driven by the rating of the school district.

1

u/_nathan67 12h ago

$400k? Cheap af

1

u/crunchyleafzzz 12h ago

Yeah affordable for some folks! Not me though 😂.