Keene
Real Estate
What kind of house can you buy in the Adirondacks?
As part of our series “Taking Stock of Housing,” we took a spin through Adirondack homes for sale this past week to get a general sense of what’s for sale and the wide range of house prices. The following is just a sampling of 16 listings from around the region (not meant to be a complete representation of the Adirondack housing market). All information and photos courtesy of realtor.com.
Taking Stock of Housing: A wild ride
Unpacking the pandemic buying frenzy to answer the question ‘how did we get here?’. Lake Placid real estate agent Jodi Gunther wondered if she had sold her last house. It was March 2020 amid the breadth and severity of the Covid pandemic. The work of real estate agents had been deemed nonessential and they were barred from their offices.
Affordable housing complex planned for Ticonderoga
Developer, town in talks for proposed 60-unit apartment building near Walmart. The town of Ticonderoga, which like most Adirondack communities is suffering from a lack of affordable housing, is in talks with Regan Development Corp. for construction of a 60-unit mixed-income apartment complex similar to the MacKenzie Overlook project in Lake Placid.
Adirondack housing at a crossroads
Adirondack communities take stock of housing inequalities. The Covid-19 pandemic and short-term rentals are typically blamed for a critical shortage of housing in the Adirondack Park. But while they were certainly catalysts, the predicament was born of a complex web of cultural shifts, public policy decisions, land-use regulations, new technology and other disparate factors, some dating back to the 19th century.
Region’s housing problems revealed
Comprehensive study digs into roots of Adirondacks’ housing issues, offers solutions. The region’s housing market is negatively affecting more than 20,000 households in a four-county region. That’s according to a comprehensive new study that outlines the multiple barriers that stand between people and a place to call home.
Essex County communities see $1B spike in property values
New and existing home values increased 12% in 2022 in Essex and Hamilton counties. Perhaps illustrative of the parkwide housing costs, property values in Essex County — the eastern heart of the Adirondacks — total nearly $1 billion more today than a year ago. And while the number in itself has little practical bearing, it reinforces an emerging storyline of an Adirondack Park that is becoming more of an exclusive retreat for the wealthy, but also friendlier to an invigorated population able to enjoy an outdoor lifestyle while earning income sitting at their home computer.
In Wilmington, a new life for defunct ski center
Paleface estate and mansion sold to wellness entrepreneurs. The former Paleface ski center and adjoining estate in Jay has been sold to a downstate couple who plan on keeping the property in the hospitality business, with a focus on wellness and planetary health. The complex was purchased by Richard and...
Studying the housing problem
Consultants reveal initial findings to Adirondack communities. Multiple factors are contributing to the Adirondack housing crisis, but signs of trouble can conceivably be traced to the housing crash and subsequent financial meltdown in 2008, according to a new analysis by a Saratoga Springs economic development firm. Camoin Associates is studying...
Want To Buy A Lake House? Upstate NY Village Named Top U.S. Spot
Many of us that enjoy the outdoors, constantly explore the vacation housing market, especially near lakes. Boating, fishing, hiking and skiing are often popular activities for those seeking that perfect, quiet getaway from the day-to-day craziness of everyday life. The vacation housing market skyrocketed during the pandemic. Even with mortgage rates hitting decade old highs, there is still a brisk demand for that perfect lake house. One Adirondack village now can stake the claim as the "best place to buy a lake house."
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