c.1905 Affordable New York Colonial Revival $54K
OHU50K Notesย ย $54,000
c.1905 Affordable New York Colonial Revival. This affordable and adorable home for sale is on a historic brick road.

Realtor Comments
This is a well maintained single family rental with excellent clean, respectful, and punctual tenants. They currently pay $950/month plus utilities. Bonuses include a newer deck, a metal roof, and routine maintenance.
- 2 bed
- 1 bath
- 1,008 sqft
- 5,776 sqft lot
- Build date 1905




Pros
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Very affordable housing and cost of living
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The median home value is very low compared to national averages (โ $66,400) in recent data.
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Cost of living index is around 82 (meaning ~18โฏ% lower than the U.S. average).
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Rent is also significantly cheaper โ median rent ~$611.
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Easy to find homes for very low prices in many cases.
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โSmall cityโ feel with access to nature & seasons
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Jamestown has a more manageable size (~30,000) which may appeal if you prefer less congestion.
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The region offers outdoor recreation, four seasons weather, and proximity to scenic / natural areas. For example: โWe are a good balance between being in the middle of nowhere and city life.โ
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Historic downtown and some revitalization: e.g. downtown buildings repurposed; arts, entertainment, and local events.
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Shorter commutes & less traffic
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According to one source, average commute is ~15.8 minutes which is substantially less than the U.S. average.
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Because the area is smaller and less congested than major metros, daily living may be simpler for those who dislike heavy traffic.
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Cons
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Higher crime & safety concerns
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Crime rate in Jamestown is notably higher than national averages: violent crime ~โฏ76% above U.S. average and property crime ~โฏ51% above.
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Resident comments point to concerns over drugs, theft, neighborhood safety. > โI know at least 5 people who sell meth and heroin โฆ our car window has been brokenโฆโ
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Economic challenges, lower incomes & fewer job opportunities
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Median household income ~$34,767, which is much lower than the U.S. median (~$67,500).
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Poverty rate is significantly elevated (~28.5%) compared to U.S. average.
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Many comments indicate job market is weak: manufacturing has declined; downtown job losses over the years.
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Population decline & aging housing stock
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The cityโs population has declined over recent years (~โ4.4โฏ% over 5 years according to one source).
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There are many vacant or substandard rental units; housing code enforcement and quality issues are noted.
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Seasonal/weather considerations
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Being in the โsnow beltโ region, winters can be harsh with heavy snow (Lake Erie effect) and long cold months.
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If youโre not accustomed to snowy winters, this may impact your lifestyle (commutes, maintenance, heating costs).
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Amenities & bigโcity features are more limited
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While there are local restaurants, arts, events, the scale and variety are less than youโd find in larger metro areas. One resident said: > โIf you like nature and no trafficโฆ but for nightlife you have to drive an hour up to Buffalo.โ
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Public transit and major airport access may be more limited; car dependence is likely.
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42 Wescott St, Jamestown, NY 14701ย ย $54,000
- Contact Realtor: Carolyn Lawson
- Google Map
- Niche
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