Kathy's Best Picks Under $200,000

There are three of us that work together at Catskills Buyer Agency, and we each focus on somewhat different parts of the market. My colleague Kathy Rieser works a lot in the more 'affordable' end of the second home market, with clients looking in the $100,000 to $200,000 range. She knows most of the houses in that range, both the gems and the dogs. I asked her to pick out some of her favorites under $200,000. (Click here to see her picks from the Sullivan MLS.) She has another favorite, a foreclosure not listed in the Sullivan MLS, an adorable 1950's era ranch on an acre near Barryville for $129,900. (You can check out that listing here.) Kathy also does quite a bit in Smallwood, which is often one of the most affordable vacation getaway options here, but the inventory of good Smallwood charmers is a bit sparse at the moment.

If you're looking for a getaway in this price range, Kathy is a great person to work with. If you'd like to get in touch with Kathy directly, her email is kathy@catskill4sale.com and her phone number is 845-482-4247.

Comments

[honest john]

Under $30,000!

Glen Spey, New York:

http://www.bid4assets.com/auction/index.cfm?auctionid=403915&STI=1

[metz]

You posted six houses and ONLY two of them have two bathrooms. That's remarkable. This is why the outsider looks in with utter amazement.

[john]

Houses are still overpriced.Case in point mls24394 which you like as good value.It was purchased in 2003 for 66k(see property shark) and now lists for 169k. Owners are seeking unrealisic returns. It's basically a small 3 season cottage with little privacy.

[mal]

It's misleading to rely on a previous purchase price to estimate value — particularly several years later. Yes, perhaps the seller is hoping to make a large profit, but that's as irrelevant as it would be if the seller stood to lose money on the sale. The property value isn't established by what the seller wants or needs to make on the sale. A current comparative market analysis and/or appraisal is the right way to establish a property's value.

Besides, there are many reasons why the previous sales price may not be consistent with a home's current value. e.g., Perhaps the home previously sold below market value to a family member; or perhaps the previous seller was in financial distress; or perhaps the current owner traded something in addition to cash in this purchase deal; or perhaps the current owner has invested a ton of money in renovations; or perhaps property shark is in error...

[David Knudsen]

In the interim, John, that house (MLS 23493) was totally renovated. Not sure why you're saying it's 3 season. It's an insulated and heated year round home. Yes, it's small, on a smaller piece of property, and may well not sell for it's $169,000 asking price.