How is the condo/ townhome market in downtown Saratoga Springs doing? Why are there such wild variations in?

Lucky Ducky
Home Buyer
Saratoga Springs, NY

price- what are the differences in amenities?

Answers (2)
Tom Garrett
Agent
Saratoga Spgs, NY

try http://www.Lancaster-Place.com just south of the State Park ...Starting at 165,900 for 2 bedroom and 2 full bath...affordable luxury just a few steps from the Saratoga Springs City Line, very quiet, just off the main road, near most needed services with out the 12866 zip...not the typical Saratoga Condo...priced with today's market in mind...new 5% down program too!

Thu Sep 10 2009, 18:18
Cecil Provost,...
Broker
Saratoga Springs, NY
FIRST ANSWER

Hello Lucky,

The condo/townhome market in Saratoga Springs is solid, not booming as it was 3-4 years ago but certainly better than most of the country. There is still strong demand for upscale condos in our market, but sales are being inhibited by the tight mortgage underwriting policies now in place. The variation in pricing is based on a variety of factors - location, age of the building, quality of construction, amenities, size of the unit, parking, etc. The newest projects (Division Street, Park Place, High Rock, etc.) are on the upper end of the price range. If affordability is a big factor you might also look at The Mill of Glens Falls, a beautiful 52-unit project in downtown Glens Falls with amenities to rival any of the Saratoga projects and prices from the low $200s. Their website is http://www.TheMillofGlensFalls.com.

Wed Sep 2 2009, 09:43

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