Highbeam you are correct and you charts are helpful; what I am trying to say is even though New York is more expensive than Vermont and your charts use median vs average which is better, it’s still skewed.. let’s take New York as an example: New York City median, guess numbers about a million around Buffalo area houses around 125,000 same with many properties in north country of New York
Yep, I agree that's how medians work on a statewide basis. You could probably find that data on a county by county basis if you really wanted to get down to it and show that level of detail. I know that county by county info is available in my area, even smaller neighborhoods if you really need it but that usually comes from realtors. I have found just looking at houses for sale that you would live in (bedrooms, SF, year built, lot size, etc) and at your price point and then changing locations until the house is nice enough for you to work best. If you want 10 acres you probably won't find much in new york city! Then, if you need to work for money you'll need to consider the job market for your skillset. Sorry about the thread derail. Houses are a great deal in NH. I was super impressed with how much you can get for the money.
I have been looking at homes with acreage in NH for at least a year. My wife and I are in our mid 60's and we have specifics that have to be met for us to sell and move. Trying to find what we need has been difficult. I've looked at some really nice places with nice property but parts of the house didn't meet our needs or the house was good, but the houses too close together. We will keep looking! It's out there somewhere. Trying to stay within reasonable drive of the grandkids. The town I live in here in MA is a median 650k and the town right next door is 1 mil median. It's really quite shocking to see what you get here in MA for 650k and what that same money gets you in NH. And honestly the difference in real estate taxes isn't as much as most people think.
Yes, I am talking about affordability for the average person/household - not necessarily just your or my circumstances. I happen to be in fairly good circumstances - I don't have a mortgage, make a decent income, and am later in life with no kids to take care of. Luckily, I have been WFH since 2020, so no longer commute 100 miles per day to get that decent income. The median income for a family in my town is $64k. That means the median family couldn't even get a loan on my starter home (assuming $295,700 & the price wasn't jacked up in a bidding war) unless they coughed up $100k down payment (about 34%).
Well here we go and take OP Dana B question about efficiency and solve that in 1 page Then in next two pages clearly discuss and determine the affordability issue in the housing market! Well Done FHC.. Epic thread derail Burnin Since 1991 even clearly defined why I live in Vermont (the left bookend of the beautiful granite state) the “reasonable drive to grandchildren”
