Don't rely on online valuations. Be mindful that not all online valuations sites provide accurate and up to date comps, some sites contain information taken from a public record that may not have been recently updated, such properties may not be representative of comparable sales in the area; whereas an agent's comps are more fine tuned, customized to the specific property, exact location, improvements, size, schools, etc.... more
I am from Western NY originally and I'd avoid moving there and renting let alone even consider investing in property there. With the preponderance of local waste dumps including Love Canal in Niagara Falls and the dishonest local governments, you are well advised to move someplace else. The people here are hostile to outsiders and even to their own citizens and do not let the idyllic facades fool you. Past history of hate groups, use of migrant black labor, etc seems to indicate that the KKK has gone underground but NOT left this area and seems to be in full control of local politics and government. I would offer this would be the worst mistake you could make coming to this area.
I've worked for NY State and the Federal Government here and had a number of violent things done to me, including what would be classified as a hate crime, and to my knowledge nobody was prosecuted AND my parents are involved. I think you will find you will be treated like a leper and that you can not rely on courts and police here to protect you. Did you plan to purchase guns to protect you and your property? I'd look elsewhere.
Properties there are distressed as is local government, Mayor of Niagara Falls was arrested and sent to prison recently. Buffalo is one of the top ten most violent cities in the USA.
Niagara Falls? Run, don't walk, away from it.... 14303? Even worse, look at the chemical industry there and you will see you can't live in that area.....All along Buffalo Avenue and by the river is a slew of toxic sludge generating chemical places. Cheep hydro power makes them go there.
I had family live in Love Canal also and this story is another local tragedy.
Also note that much of SUNY Buffalo and Amherst in WNY are swamp land.
The original photo album showing the home collapse in Amherst NY.
Some things about the EPA Superfund sites and this is about Love Canal in Niagara Falls claiming it is all safe and clean now. I doubt that. You can check other dump sites around the US here also and see if you live in one.
Also watch out for a distressed rental market in Buffalo/Niagara Falls areas where you get less and pay more. This local agency rents what can only be called slums that they have not improved or maintained for well over 2 decades. Most units have no AC dated wiring and all of that including windows that are worthless certainly in the winter time.
MJ Peterson and this local Realtor both sell homes and rent slums. I'd avoid doing business there at all AND NOT with them.