c.1938 New York Starter Home For Sale $139,900

c.1938 New York Starter Home For Sale. Cute curb appeal! Across the street from a local park.

161 Exchange St, Albany, NY 12205    $139,900

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Pros of Living in Albany, NY

1. Relative Affordability (for the Northeast / NY State Capital Region)

   • Housing is more affordable than what you’d find in NYC or many suburbs; median home sale prices are roughly $260‑$270K in many recent reports.

   • Rents are also more reasonable compared to big metro areas in the region.

2. Good Access to Outdoor & Cultural Amenities

   • Plenty of green spaces, parks, trails. Washington Park, the Albany Pine Bush, etc.

   • The Hudson River is nearby; being in the Capital Region gives access to natural beauty and recreation (hikes, skiing, lakes) within a reasonable drive.

   • Lots of local culture: museums, universities, events.

3. Seasonal Variety

   • Four distinct seasons: snowy, cold winters; pleasant springs and falls; warm summers. For those who like seasonal change, it can be a big plus.

   • Beautiful scenery in many seasons especially.

4. Decent Commuting / Regional Location

   • Commute times tend to be reasonable. If you live near or in the city, many amenities are accessible without extremely long drives.

   • Proximity to larger Northeastern cities (e.g. NYC, Boston) — you can travel to these for work or leisure without being based there.

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Cons of Living in Albany, NY

1. Weather: Cold, Snowy Winters & Humid Summers

   • Winters are quite cold and snowy: average snowfall is ~59 inches/year. Snow storms can disrupt travel; long stretches of cold are common.

   • Summers can be humid; heat + humidity = discomfort

2. Crime Rates Above Average

   • Property crime and violent crime in Albany are higher than national averages. For example, violent crime is ~133% of the national average in some recent datasets.

   • Some neighborhoods are safer than others, so where you live matters a lot.

3. Taxes & Cost Pressures

   • Property taxes are relatively high.

   • Cost of living in general is above the U.S. average in many areas (groceries, utilities, etc.) though still better compared to some places in the NYC/metro region.

   • Recent studies say renters in the Capital Region need to work quite a bit more than full‐time just to afford rent, especially for 2‑bedroom units.

4. Public Transportation & Infrastructure Limitations

   • The public transit system (buses, etc.) has limited routes, less frequent service in off‑peak hours, etc. Many rely on cars.

   • Parking and traffic can be annoying, especially around downtown or during events.

5. Some Urban Decay / Disparities

   • There are parts of the city with derelict or abandoned properties. This can drag down neighborhoods and lower housing appeal in certain areas.

   • Income disparity, poverty in certain sections of the city is a concern.

6. Seasonal Cost Impacts & Utility Costs

   • Heating can be expensive in winter; the cold, long winters increase energy usage.

   • Also utility costs, food, etc., can be above average.

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