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Re: OT/ What makes a place like this so much cheaper


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Posted by Billy NY on February 26, 2008 at 15:52:44 from (205.188.117.74):

In Reply to: Re: OT/ What makes a place like this so much cheaper posted by jdemaris on February 26, 2008 at 05:48:22:

98 acres here is I believe about $12000/year, our place is confusing with 3 parcels one with road NYS Rt 7 frontage where our old farm house and barns were, another small piece and the large parcel. Crops always did well here. Used to be nothing but hayfields and hedgerows everywhere on the rolling hills around here.

The one thing about this place is that it's close to everything, yet enough room to enjoy it, 2 small creeks, 20+ acre pond, water is never a problem here good aquifer and usually enough rain.

Realtor says a pair of combined lots 100' x 150' ea., or combined 200 x 150 (was approved like that in the 50's) on my lane is worth is $50,000-$60,000 today, might take 2 years to sell it at that price but people have paid that much already. Who in their right mind would pay that? It's right next to me and I may have to because I don't want a neighbor there and I like the attached field left as is, but it belongs to my father and he's fed up with the taxes and you can't blame him. This darned house is $3600/year on 3 of those old small lots on this lane. Combined with the land it would be about $15,600 a year, used to pay double that in income tax per year too. I'm all for supporting the U.S. and everything it stands for, but for darned sakes it's ridiculous to have to pay in the neighborhood of $40,000 a year to enjoy a home and some land combined with your income tax if yer single. No wonder every hay field wants to be a development around here.


There was a time when it was rural and I was a kid, taxes were reasonable, farms abundant, not so much NYC & NJ traffic to VT through here land was inexpensive in this county, Rennselaer, latest article in the paper about how developers are eyeballing our area, because everything else is saturated. Been here 40 years, and I've always called it home, might bankrupt a person to stay here and have a little space. It's that or sell and leave because you can't afford it.



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