How much does it cost to buy a house in NYC?

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asked Dec 22, 2020 in Real Estate - Renting by Decree (890 points)
How much does it cost to buy a house in NYC?

3 Answers

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answered Nov 21, 2021 by XHnuts888 (3,860 points)
The average median cost to buy a house in NYC is a staggering $779,000.00 for the cheapest house.

Then the more expensive homes go up to $1 million dollars for a house.

Buying a home in NYC is very expensive as is renting apartments in NYC.

However there have been a few homes that sold for only around $300,000.00 but usually those homes were considered fixer upper homes.

You also have to factor in the closing costs and property tax as well once you own the home.

Property tax in NYC is really expensive as well.
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answered Dec 8, 2021 by inessa8 (5,940 points)
Buying house in NY is a good way for the investment, but isn't it better to check some warmer options like miamy for example?
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answered Dec 8, 2021 by swipka777 (6,100 points)
It was always really important for me to buy a wonderful house, because it is an investment in future as well. I was considering buying a property in Spain, Tenerife and referred to https://housetenerife.eu/property-type/villas/ which is a really effective solution in order to check the last updates, and they also help with documentation.

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