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04-05-2009, 05:20 PM
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Junior Member
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Join Date: Apr 2009
4 posts, read 2,659 times
Reputation: 11
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Best up-and-coming areas to buy a home in the Capital Region?
Hello  ! I am looking to buy a home in the Capital Region. My goal is to buy property in an up-and-coming area of the Capital Region. I hear Troy is on the upswing, however the taxes and poor school systems (from what I have read) have me questioning whether this is the right decision. Does anyone have any input as to what would be a good investment property (low taxes, good school systems) in the Capital Region? Also, any input on the Troy area would be much appreciated. I am looking at single family homes priced below $100k and plan to do renovations to the property. Thanks for all of your help! |
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04-05-2009, 07:09 PM
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Member
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Join Date: Aug 2006
80 posts, read 101,204 times
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I feel you are correct about Troy, it is on an upswing...how much of an upswing remains to be seen. You are also correct about its high taxes and crime rate in most areas.
Anything in the immediate Capital District priced below 100k would be ghetto property. Questionable whether rehabilitating it would be worth your while.
Just my two cents.
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04-07-2009, 03:25 PM
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Senior Member
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Join Date: May 2008
Location: Syracuse
6,529 posts, read 3,682,585 times
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Quote:
Originally Posted by Miker
I feel you are correct about Troy, it is on an upswing...how much of an upswing remains to be seen. You are also correct about its high taxes and crime rate in most areas.
Anything in the immediate Capital District priced below 100k would be ghetto property. Questionable whether rehabilitating it would be worth your while.
Just my two cents.
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Here's information about Troy's crime rate: Troy, NY Crime Rate Statistics - CLRSearch.com
Troy Profile | Troy NY
and more Troy info.: http://www.city-data.com/city/Troy-New-York.html |
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04-07-2009, 06:41 PM
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Member
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Join Date: Aug 2006
80 posts, read 101,204 times
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ckhthankgod,
I'm not sure what side your post was meant to represent. It seems to allude to the fact that crime in Troy is off the charts. Was that you intention?
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04-08-2009, 10:36 PM
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Senior Member
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Join Date: May 2008
Location: Syracuse
6,529 posts, read 3,682,585 times
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Quote:
Originally Posted by Miker
ckhthankgod,
I'm not sure what side your post was meant to represent. It seems to allude to the fact that crime in Troy is off the charts. Was that you intention?
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No, it was to show what the crime is like for the city overall. From what I see, it doesn't seem to be that bad, to be honest. I just wanted to know what was so "scary" about Troy. It just seemed to be to hard to believe. |
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04-10-2009, 02:51 PM
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Junior Member
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Join Date: Apr 2009
4 posts, read 2,659 times
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Thanks for your help! My search will continue =)
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