As any financial investment planner and one of the three things they’ll tell you to do is to buy real-estate. Despite the fact that not too long ago the real estate market was strongly shaken and lots of banks had to collapse because of it, today, this situation is stabilized and buying houses is again on the investment map.
Liverpool is a small village near Syracuse which is one of the biggest and most important centers in this area. This village is considered as one of the best places to buy a home for your retirement years or for having a getaway house that is going to be used over the weekend. See why it’s good to have a house on the side for retirement years here.
With major cities like New York City in 250 miles away, it can be an amazing place where you and your family can get away. The Onondaga Lake is there for the hot summer days and during the winter it is also keeping the temperature in the average not letting big freezing problems appear.
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Why it’s smart to invest here?
One thing is that houses almost never fall in price. If you invest $250.000 in a house, you can be sure that that’s the exact sum of money that you’ll get if you decide to put it on the market again. In a way, it is a sure way of putting your money in a secured location.
The risk of something destroying it is slim to none and that’s why buying a house is considered a great way to invest your money in.
Another thing is the profitability. Having in mind that a lot of people are looking for a beautiful house aside from the big cities, you can turn this into a great investment. For example, buy something that is not looking too attractive and turn it into a real piece of work. See how to turn investments into profit here: https://www.thebalance.com/making-money-from-real-estate-investing-357984.
For example, put some sun collectors on the roof and redecorate the kitchen. Make an extra terrace on the west side so you can enjoy the beautiful sunsets and place a pool in the backyard. All this can cost a little and it will turn the house into a much more valuable item on the market when you decide to sell it.
Furthermore, you can use this as a bank guarantee if asking for a loan later in life. Let’s say you want to start a business but the bank can’t take any other guarantee. Having a house on your name that you can afford to gamble with is an excellent way to make banks believe that you’re a serious player. It boosts up your portfolio which means you’ll be great in the business world too.
Enjoying the quality of life
The real estate for sale in CNY isn’t so rich when it comes to Lake Onondaga and its northern settlements. However, the offer is not non-existing. There are houses and real-estate in this part of the state that are worth mentioning and seeing if you’ve decided to buy some of them.
The best part of them is the opportunity to live in an area that is almost completely car-free. With just over 2000 residents, this a place where life is going slow and people in cars are mostly active during the rush hour when those who are working go to Syracuse or are coming back to their homes.
It’s a great place to spend the summer days. The lake is amazing these days and the kids will love it. Another group that absolutely adore this little town are freelancers. Working from home and enjoying a beautiful view of the lake is something that the city money can’t buy. On top of everything, this is not New York City, it’s not inhumane expensive here like it is in the big city.
These are the main reasons why buying a home in Liverpool, NY is an excellent idea. Unless something is pushing you back from it, there’s no reason why you and your family won’t let yourselves enjoy some time by the lake and breathe some fresh air.