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Long Island's unique starter homes for $300,000

You should not become shocked by the fact that Long Island actually has starter homes that start at around $300,000 mark. Many of them have decent lot sizes reaching upto 8,000 sqft. Some even have updated interiors. If school district is not a big point on your list then you will fit right into one of these spots without paying high property taxes.

A starter/economical choice home in New York City area typically has 2 or 3 bedrooms out of which 1 is mostly the master bedroom while the 2 bedrooms are smaller. A full bath with another half bath is usually added in some of the recently upgraded houses. Here is a perfect example from Freeport. Most starter homes are capes or ranches, you should consider yourself to be lucky if you can find a ranch around the 300K price point in Nassau county.
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If you simply keep an eye out on new listings coming up in the interested areas it won't be long before you can close a deal on a home for yourself or as an investment / rental property which can easily rake in some retirement funds for your and your spouse. These homes have not lost a penny in values over decades. I don't need to provide the graphs the internet is filled up with the statistics, make a move! :)

Posted on: Dec. 11, 2018, 10:31 a.m. UTC

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