New York Real Estate Archives - Page 2 of 19 - BARNES New York

July 24, 2024July 23, 2024

What is the average house price in Westchester?

Westchester County is located in the southern part of New York State. It’s one of the most desirable locations for people looking for a home, especially if they are working in New York City or want to be close to it.

It has plenty of natural landscapes, diverse cultures, and plenty of educational opportunities. The real estate market in the area has grown in popularity in recent years (and for good reason). We’ll discuss what the average house prices are in Westchester in this guide.

We’ll also cover anything else that you may need to know about the real estate market in the area. If living in Westchester County is something that interests you, keep reading.

What is the Westchester County real estate market like?

The Westchester County real estate market is thriving. As of right now, it has a median home value of $791,000 as of June 2024 according to OneKeyMLS data. This was a 9.1 percent increase from the previous year and higher than the national median home value of $725,000.

The home value has increased due to the high demand for real estate in the area. Not to mention, there are several factors that make Westchester County an attractive location. The proximity to New York City is one of them.

Another thing that makes Westchester County attractive is its accessibility. With a robust transportation network including highways, rails, and buses, it will be easy to get around, meaning you can take a trip to NYC or even neighboring New Jersey using local transit.

Likewise, you can also access different cities in New York State via Amtrak. You can get around the entire country on Amtrak even via Westchester County (although New York City is often a hub to get you just about anywhere in the country). You will also be in close proximity to the three major airports in the NYC area (LaGuardia, JFK, and Newark).

What is the average house price in Westchester?

The average house price in Westchester will vary on several factors. The major factor is the location. The median price for a house in Yonkers is estimated at $490,000, as of June 2024.

If you travel to neighboring towns such as Rye or Scarsdale, you’ll see the average house price increase dramatically. Scarsdale has a higher median home prices, close to $2.3 million, while Rye is close to $1.1 million. If you’re looking for a home that fits your price range, some towns may fit the profile while others may not.

You may find the home of your dreams in White Plains if it fits your budget range. Even if you have to narrow your search area, you’re bound to find a place that you can call home. This includes plenty of high-end properties including luxury townhomes, sprawling estates, and historic homes.

If you are looking for something more affordable, there’s always smaller single-family homes and apartments.

What to consider before you buy a property in Westchester?

If you intend to buy a property in Westchester, there are plenty of factors to consider. Your most critical needs will be addressed. They vary from one buyer to another.

Let’s take a look at the following factors below:

Commute time

If you are working in New York City or the surrounding area, this will be important. How much time would you use to commute to and from work? Even better question – what will you rely on for the commute in general.

You have plenty of options for commuting including rail and bus. If you want to drive, that is also an option, although you will need to consider parking. Even though there are plenty of people that have eschewed the idea of commuting thanks to remote work – you might still want or need to commute yourself.

Find a home where the average commute time suits you best.

Budget

What is your desired price range? How much are you willing to spend on a home? This will whittle down plenty of options.

It may also mean narrowing down your search area. You might be dead set on getting a home in New Rochelle, but your options in the city may be none in terms of affordability. But don’t lose hope.

You can find a place that you’ll enjoy calling home, even if it’s not in your original intended location. Better yet, you may find a few hidden benefits (like a shorter commute time or being close to all the action downtown).

Summary

The average house price in Westchester may be a bit higher than the national average. Yet, you can find one that may be on par with it. It all depends on where you find it.

Remember, finding a home will be based on your critical needs and preferences, as well as your budget. Contact us today to help you find a place for you.

July 17, 2024July 17, 2024

Why should you buy a property in Connecticut?

Connecticut is a small state with a rich history, miles of coastline, and plenty of communities within a stone’s throw away from some of the major cities of the United States. It also has a thriving real estate market that offers plenty of opportunities.

This guide will go over why you should buy a property in Connecticut. The market may be competitive right now. Yet, Connecticut Real Estate is a must-watch market.

The homes will be bought and sold fast. If you are interested in purchasing property, read more to find out why Connecticut may be the best place. Let’s take a look now at the following list below:

Location

Connecticut is a state located in the southern half of the New England region. It is sandwiched between two major US cities – Boston and New York City. Fairfield County, located in the southwestern part of the state, is a popular location for real estate.

It is especially convenient for those who work in New York City and intend to commute on a regular basis. While Boston may be farther away from various towns and cities in Connecticut, it’s also a great place to travel to, especially when you want to get away for a weekend. Boston has plenty of rich history and several tourist attractions that you can check out including the Freedom Trail, Faneuil Hall, and the Old North Church among others. Boston can be accessible by I-95 and even Amtrak rail.

Likewise, you can also take a day trip or weekend getaway to New York City. If you travel to the Big Apple, you can check out the Statue of Liberty, the Empire State Building, One World Trade Center, and others.

Whether you know it or not, Connecticut is a central location for commuters and travelers. If you intend to travel internationally, you can easily access three airports with direct international flights. They include Logan Airport in Boston, JFK Airport in New York City, and Newark International in Newark, New Jersey.

The real estate market

The real estate market in Connecticut is robust, but competitive. According to the Miller Samuel report, the median home value in Fairfield County for Q1 2024 was approximately $545,000. It has increased 6.9% from the previous year and will probably continue to strengthen over the course of the next few years.

This can be a great opportunity for real estate investors looking to purchase a property that can give them an excellent ROI. Likewise, people looking to buy a primary residence in Connecticut can take the opportunity to purchase a home.

Either way, the real estate market provides plenty of opportunities. Keep in mind that the home values may vary from one local market to the next. Which means that the housing market will differ in Greenwich compared to Putnam or Norwich. In Greenwich for example, for Q1 2024, the median sale price for a single-family house was a little bit over $3 million, when the price in Fairfield County was about $660,000.

A single-family home with the same number of bedrooms and bathrooms may be high-priced in one community. Meanwhile, you can get a different price in another. If you are planning to buy a property in Connecticut, you’ll want to take a look at how much you can be able to afford.

This means you will need to exclude certain intended locations. And that also means emphasizing your focus on other areas of Connecticut. You will still have a handful of opportunities, even if you narrow down your search area.

The demand for rental property is high

If you are a real estate investor searching for rental property, the demand will be high. That demand comes from tenants looking for an apartment of their own. You’ll be able to generate plenty of rental income that will be fair for the current market.

Connecticut has plenty of educational institutions, a strong job market, and plenty of people who commute to New York City and the surrounding area for work. You’ll want to consider your investment goals when you’re looking to acquire rental properties.

At the same time, you want to consider the expenses you’ll be dealing with. This includes property taxes, insurance, property management, and other specific expenses. The location will also play a role in your decision to purchase rental properties.

You may consider purchasing an apartment building in Bridgeport. This can be great for those looking for an apartment while looking to land a job in New York City. They’ll commute throughout the work week and be able to find a place away from the city.

One of the critical needs of a potential tenant is to be farther away from the city and its higher rent, so people will be looking for a greener, more spacious environment to live in. Commuters who don’t want to pay a very high amount of rent for a small apartment in New York City can consider cities like Greenwich or Westport.

Excellent transportation network

Connecticut has a transportation network that includes several highways, trains, and buses. It will be easier to get around thanks to these options. This will be a huge plus for those who commute to and from New York City for work.

It’s also great for those who like to travel. They will be able to hop on a train for a day trip to New York City. Or they can use the transportation network to easily access one of several airports.

Summary

Buying a property in Connecticut can be a challenge. However, you have four reasons why you should consider the area to buy a property. You’re in an excellent location that may meet the demands of your potential tenants.

Or you may be someone looking for a place to live for your primary residence. You may be looking for a place to live while you plan on commuting to your job in New York City or other communities in Connecticut. Contact us at BARNES New York today and don’t miss out on the opportunity to purchase property in Connecticut whenever they arise.

July 10, 2024July 9, 2024

Why should you buy an apartment in Williamsburg?

Over the years, many people have begun to consider Williamsburg to be the hottest and trendiest part of Brooklyn, New York. Known for its distinct personality, style, and the long list of things to do, Williamsburg is really a hotbed of culture and excitement.

Moving to Williamsburg is a smart move for many people. But you do need to keep a few things in mind when you are buying your place in Williamsburg. You’ll have to consider how much you’ll be spending, what you’ll be doing for fun, and where you’ll be living.

If you are thinking about moving to Williamsburg and buy an apartment in Williamsburg, you need to consider several things and be aware of what you are getting yourself into. It can be a very rewarding and smart choice for you, but you definitely need to do your research. For that reason, let’s take a look at how much it costs to live in Williamsburg and what this wonderful part of New York will provide you.

How much does it cost to live in Williamsburg?

Williamsburg is now recognized as the heart and soul of Brooklyn, particularly due to its myriad living options, great cultural opportunities, and numerous restaurants and shops to explore. You can find the ideal place for yourself that puts you smack in the middle of Brooklyn.

According to UrbanDigs, the median price per square foot in Williamsburg is around $1,545 as of June 2024. This is a 4.4% increase compared to just the year before. The median sale price is of $1.84 million, a 32.5% increased from last year. That indicates that the interest in Williamsburg has grown substantially in just a year, showing some good indications.

The cost of living in Williamsburg is more than most other parts of New York and other parts of the country. For some people, this could be a deal-breaker. But for others, it’s reason to be even more interested in Williamsburg. They are right to be drawn to this part of town because it offers many special events and locations that can only be found here.

Why buy an apartment in Williamsburg?

If you are looking to live in a part of New York that is filled with great businesses, warm people, and modern locations, then Williamsburg will feel right at home for you. Here are just some of the many things that bring people to this unique region of Brooklyn.

Dining

If you’re looking for a great sandwich that feels right out Philadelphia, Fedoroff’s Roast Pork in Williamsburg is going to get your mouth watering. If Shawarma is more your speed, then Oasa on Bedford Ave will be right for you. From rich Peruvian cuisine to Italian, Chinese, and American steak, there is a restaurant that is right for you in Williamsburg.

You will never be out of options when it comes to dining in this part of town, whether it be fine dining or something a bit more affordable and low-key. Multiple restaurants have received higher marks and great reviews from websites specialized in fine dining ranking. It really is a great place to explore when you are looking to eat well.

Shopping

It doesn’t matter if you’re looking for jewelry, clothing, second-hand accessories, apartment furnishings, or anything else, you can rest assured that you’ll find what you need in a number of Williamsburg shops.

Williamsburg is known as a place that is very hip with its finger on the pulse of the modern cultural landscape, so you know that what you buy in this part of Brooklyn is going to be the latest and greatest. Some of the most exciting businesses in Williamsburg include Catbird, Spoonbill & Sugartown Books, Rough Trade, Heatonist, and more. Each of them serves something that is unique and special to Williamsburg: personality and style.

Culture

The cultural power of Williamsburg is one of its most enticing and exciting aspects. For years now, this part of Brooklyn has set the tone for the rest of the city and, really, the rest of the country and world. This can be seen in the hip ways that people dress and the restaurants they enjoy. The culture in Williamsburg has always been strong.

Living in this part of the city will guarantee that you are located in a thriving metropolis location that is very engaging and exciting. It is one of the most special parts of New York and, therefore, one of the most special parts of the country.

Summary

There are few parts of the nation that are as incredible as Williamsburg. There is a good reason why so many people want to buy an apartment in Williamsburg. If you are hoping to be someone to make a home in Williamsburg, you need to make sure you are doing so the right way. That is why you need to contact BARNES New York. We are a team that knows how to traverse the real estate market, even in the hottest parts of the country like Williamsburg. When it comes to finding the place that is right for you, you should trust us at BARNES New York and reach out.

July 3, 2024July 2, 2024

Why should you buy a house in the Hudson Valley?

The Hudson Valley is located north of New York City. It’s become one of the most desirable locations for real estate in Westchester County in recent years. One of the reasons is because of its close proximity to America’s largest city.

You’ll have plenty of options if you are looking for Westchester homes for sale. There are plenty of communities along the Hudson Valley to check out. If you’re searching for a home that fits your needs and preferences, keep reading, and we’ll provide you with everything you need to know.

Natural Beauty and Scenic Views

The Hudson River Valley has plenty of scenic views. And they are no doubt a thing of beauty. If you drive across the Governor Mario Cuomo Bridge (formerly the Tappan Zee Bridge), you’ll see the views of the wide Hudson River in both directions.

You can find luxury apartments in the Hudson Valley including the cities of White Plains and Harrison. If you’re lucky, you might find an apartment that boasts these same awesome views or something similar. Since the housing market is competitive, luxury apartments and houses in the Hudson Valley are going fast.

The sooner you act, the better the chances you’ll land a home.

Easy Access to New York City

New York City is a short drive or train ride away from the Hudson Valley. It’s all thanks to the accessibility of Interstates 87 and 95. Don’t forget, there are different rail systems including the MTA MetroNorth and Amtrak.

Whether you want to spend the day in the city or if you work there, you can be able to easily access the city thanks to the robust transportation system that can take you just about anywhere. You can hop on the commuter rail, end up in Grand Central, and hop on the subway that can take you to any place in NYC.

You might want to catch a flight at one of the three major airports – LaGuardia, JFK, or Newark. Planning a trip elsewhere? Amtrak can take you across the country, and New York City might just be the hub to take you anywhere.

Wide Range of Real Estate Options

You might be looking for houses in the Hudson Valley. Something that might be offer big spaces and a huge garden. Or maybe something small that will be enough to fulfill your critical needs.

In the Westchester County housing market, you can never go wrong with the options. You might find something that fits your price range. If it fits your budget, you might want to see if it’s something you’ll enjoy living in for the long-term.

Likewise, if you are looking for that luxurious place to live in, there may be a villa in the Hudson Valley that you might enjoy. This includes villas with plenty of excellent views of the Hudson River or other scenic views that southern New York has to offer.

If you are looking for more space, you might find a handful of mansions in the Hudson Valley that will be worth looking at. With so many amenities and plenty of space, you’d be hard-pressed to find a residence that will provide you with the maximum amount of quiet and seclusion.

Rich History and Culture

The Hudson Valley has a rich culture and history that can be reflected in many of its museums, historical sites, and art galleries. The Franklin D. Roosevelt Presidential Library in Hyde Park is among one of the most popular places to check out in the region.

You might even spend time enjoying the fine wine and dishes offered at the Hudson Valley Wine and Food Fest. If you’re a garlic-lover, the Hudson Valley Garden Festival just might be right up your alley.

Diverse Communities

Diversity is what makes communities more vibrant and tight-knit. You’ll get to enjoy several different cultures and get to know a lot of people from different backgrounds and walks of life. You’d be hard-pressed to find a region with so much local diversity.

If you are looking to get to know new people – including from different cultures and backgrounds, the Hudson Valley may be the best place to live.

Excellent Food and Drink Scene

If you’re a foodie, there are plenty of food and drink options available. There are plenty of farm-to-table restaurants, artisanal food markets, and so much more. You might even find a good glass of wine or a craft beer.

There are plenty of restaurants and breweries throughout the Hudson Valley that are worth checking out. It may take a Google or Yelp search to find the best place. You might even go down a rabbit hole that will lead you from one restaurant to the next.

Summary

The Hudson Valley may be one of the best options to find a home if you enjoy nature and beautiful scenery. If you are interested in finding real estate in the area, finding a real estate agent that knows the area well should be your first priority. Contact us today, and we’ll make sure you’ve got a home in the Hudson Valley.

June 26, 2024June 25, 2024

Why should you buy a property in New Jersey?

If you are thinking of buying property in America, there are few places better than New Jersey to make your investment. New Jersey, located snugly on the East Coast, has plenty to offer you. It might not seem to be as big as New York, Connecticut, or any number of states nearby, but New Jersey will allow you access to so much. Not only will you be close to the biggest city in America, you will also be in a location that values rich culture, business and industry, and entertainment.

For years now, millions of people have flocked to New Jersey and have been very happy with their choice. Over the last few years, the New Jersey real estate market has remained strong – even thriving – despite massive worldwide events that have impacted markets all over the globe. New Jersey real estate is steadfast and strong, even in the worst of times.

Buying a property in New Jersey requires knowledge about the area and the process. It also requires that you know the exact reasons why you should buy a property in the state. It can be about so much more than just finding a place for you or your family to live. Investing in the real estate market in New Jersey can do that, of course, but it can also give you great financial benefits, and a wonderful living environment too.

Let’s take a closer look at what you need to know when you are thinking of buying a property in the great state of New Jersey.

What does New Jersey offer?

New Jersey offers so much to residents of the state, whether new or old. It is a great place because of its proximity to one of the biggest cultural meccas in the world. It provides many types of housing, from condos to townhomes, to single-family houses. And for businesses, few places are better than New Jersey to start a company and find success on Wall Street and beyond.

New Jersey has always been one of the most promising states in the country, for a number of big reasons. No matter if you’re living on your own, with friends, with loved ones, with family, or attempting to find success in the business world, New Jersey has something for you if you know where to look.

Why buy a property in New Jersey?

So, what are the advantages of buying a property in New Jersey? Why should you take a look at the Garden State and think about packing up your stuff and moving there? There are a number of great things that come with any sort of real estate investment in New Jersey.

The investment

According to ATTOM Data Solutions, the median sales price in Hudson County, NJ, as of March 2024, was $652,500, an 18.85% increase from last year. The median price per square foot is $586. Buying property in New Jersey could be a smart investment because you are getting a cheaper price than you would just next door in New York, while remaining closely located with easy access to Manhattan.

The price of houses and property in New Jersey has been steadily rising the last few years, meaning there would be options to resell your property at a higher price.

The location

Of course, one of the most exciting things when you buy a property in New Jersey is the fact that you will now own a home or business in one of the most exciting parts of the world. Nestled next to New York and all of its excitement, New Jersey, especially Hudson County, is just minutes away from the heart of the city. And because of that, any property that you buy will be a great place for business or a wonderful location to live when you want to take a quick trip into NYC.

New Jersey also offers a great shore with plenty of beaches and activities, all along its southern shore all the way to Cape May.

Summary

There are so many great reasons why you should buy property in New Jersey. This is a state that has seen its real estate market stay strong over the years, through the recession, the coronavirus pandemic, and other major world events.

Buying property in New Jersey isn’t just great if you are looking to settle down with your family, but it’s also a supremely smart move if you are running a business and want it to reside in one of the most fast-paced market locations in the world. If you are thinking that New Jersey might be right for you, please contact us at BARNES New York. We can maneuver with your project through the tough, intense world of New Jersey real estate with total ease.

June 19, 2024June 17, 2024

Why should you buy a house in Westhampton?

If you are looking to live in a part of the country that is both gorgeous and unique, you would be wise to invest your time, energy, and effort into Westhampton. Located in New York state, this beautiful part of the country is a mix of high culture, great food and entertainment, and stunning vistas and views that you can only find here.

It’s just a few hours away from the heart of New York City and all that metropolis has to offer, but it feels like a slice of life that is light years away from the hustle and bustle of the big city. And because of that, there are many people who want to stay in Westhampton – at least temporarily.

This is one of the most sought-after summer locations in the entire country. While there are some people who live here all year, there are many others who only visit during the warm, bright summer days. They come for the beaches, for the wonderful events, for the culture and the warmth. And they are willing to settle and buy a house in Westhampton.

If you want to be one of the lucky people who calls Westhampton their home, there is much you need to know. You need to know the price of the residences in this area, and you also need to be aware of what would be available within your budget range. What sort of culture and fun awaits you when you are moving to Westhampton? You’re spending quite some money to live here, but you’re also getting so much in return!

How much does it cost to live in Westhampton?

The housing market in Westhampton is always busy and always competitive too.

As of Q1 2024, the median price of a home in Westhampton is about $1,500,000 and translates to about $862 per square foot according to Town & Country report.

Most of the housing offer comprises single-family houses, villas and mansions.

Why buy a house in Westhampton?

Westhampton includes Remsenburg, Westhampton Beach, East Quogue, Quogue, and Quiogue. There are plenty of reasons why you should buy a house in Westhampton beyond just the relaxing atmosphere that you will be able to enjoy. However, that part of the area cannot be stressed enough. The views, the beaches, the overall vibe of the location is one of its most attractive features.

But it’s not just that that brings so many people to Westhampton. There are a number of great events, businesses, and locations that are unique to the area and make it well worth the high price point.