c.1900 Vermont Handyman Special Victorian-Era Home Reduced to $89K

224 Mains Street, Troy, VT 05859 $94,500 Reduced to $89,000

• Contact Realtor: Jennifer Mahoney
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• Niche

Pros

• Affordable housing relative to Vermont

• Median home values range from $178,000 to $235,000, about 24–34% below the national average

• 100% homeownership—an outstanding level of stability and community investment .

• Strong income and job prospects

• Median household income approximately $78K–89K, 17–39% higher than Vermont averages

• Low unemployment, earning a B+–A+ in jobs/employment categories

• Rich outdoor recreation

• Situated near forests, rivers, Jay Peak ski resort, and hiking trails—excellent for nature lovers

• Strong local enthusiasm for seasonal outdoor activities .

• Tight-knit, walkable downtown with arts & culture

• Downtown Troy is charming and walkable, with coffee shops, restaurants, farmers’ market, music venues like Troy Music Hall

“Troy’s great … downtown is gorgeous and walkable especially in the summer!” 
“…town’s population swells… local economy is centered around tourism.”

Cons

• Limited amenities and access

• Few retail stores or large grocery options—residents often drive to Newport .

• Important services like hospitals, doctors, dentists, and pharmacies are sparse .

• Challenging winters and access issues

• Winters are long and snowy, with subpar roads in mud season

• Weather rated “D+” for the area

• Spotty public transit and reliance on cars

• Essentially no public transportation; 94–95% of residents drive alone .

• Commute scores are average—about 20 minutes—and most errands need a car

• High property taxes

• Despite lower purchase prices, property and school taxes may match or exceed mortgage payments

“Property and school taxes… can in many cases be nearly as much as your actual mortgage payment.”

• Limited diversity and social isolation

• The town is not very diverse, with many citing isolation in winter

• Small population means fewer social options, though there’s still a progressive, artistic core