# WNY Real Estate

**URL:** <https://forums.speedlife.net/t/wny-real-estate/1414147>\
**Category:** NYSpeed Off Topic\
**Created:** [December 10, 2021, 5:52am UTC](https://forums.speedlife.net/t/wny-real-estate/1414147 "2021-12-10T05:52:50Z")\
**Posts on this page:** 20\
**Page:** 1

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**Author:** ![bing](https://yyz2.discourse-cdn.com/flex034/user_avatar/forums.speedlife.net/bing/32/7211_2.png) [@bing](https://forums.speedlife.net/u/bing)\
**Post date:** [December 10, 2021, 5:52am UTC](https://forums.speedlife.net/t/wny-real-estate/1414147/1 "2021-12-10T05:52:50Z")

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Hey gents,

I’ve been looking a lot, though still just casually, and i am curous if things are going above asking price in WNY right now or no?

I keep seeing very respectable, though smaller or rural, properties for pennies compared to what they would be over here. literally half to 1/3 the price of what we would see around me.

Just some samples from today. Your thoughts?

> **[3876 Wruck Road, Hartland, NY 14105 | B1381322 | HUNT Real Estate](https://www.huntrealestate.com/ListingDetails/3876-Wruck-Road-Hartland-NY-14105/B1381322?fbclid=IwAR0julVJXjF5qe8XQqOi9_9qP_fvX12_GkTiwAt5EEmsnUeJhvHL7VtgmlE)**
>
> 27 photos of this $349,900, 3 Bed, 1 Bath, 1606 SqFt, Single-Family property located at 3876 Wruck Road, Hartland, NY 14105 MLS Number B1381322

the outbuildings on that one are crazy. its rural but big. this would be probably 3x - 5x that price up here.

> **[8635 Lozina Drive, Niagara, NY 14304 | B1372008 | HUNT Real Estate](https://www.huntrealestate.com/ListingDetails/8635-Lozina-Drive-Niagara-NY-14304/B1372008)**
>
> 39 photos of this $324,900, 4 Bed, 3 Bath, 2021 SqFt, Single-Family property located at 8635 Lozina Drive, Niagara, NY 14304 MLS Number B1372008

regular family home but that would be 2x up here.

> **[11440 Rapids Road, Newstead, NY 14001 | B1364626 | HUNT Real Estate](https://www.huntrealestate.com/ListingDetails/11440-Rapids-Road-Newstead-NY-14001/B1364626?fbclid=IwAR2H45vLaooDc2wrzddU1iKHN7h_WbFgVwyTyzHHapigBC8LMQclQR9C7eI)**
>
> 50 photos of this $339,900, 3 Bed, 2 Bath, 2248 SqFt, Single-Family property located at 11440 Rapids Road, Newstead, NY 14001 MLS Number B1364626

this is one of a couple in Newstead that are neat for the $.

Reason i am looking at this price range is because it wouldnt require me to have to sell any of my canadian properties. i could just buy, hold, rent, or move in to one

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**Author:** ![bing](https://yyz2.discourse-cdn.com/flex034/user_avatar/forums.speedlife.net/bing/32/7211_2.png) [@bing](https://forums.speedlife.net/u/bing)\
**Post date:** [December 10, 2021, 6:06am UTC](https://forums.speedlife.net/t/wny-real-estate/1414147/2 "2021-12-10T06:06:12Z")

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> **[31 Roycroft Boulevard, Amherst, NY 14226 | B1365788 | HUNT Real Estate](https://www.huntrealestate.com/ListingDetails/31-Roycroft-Boulevard-Amherst-NY-14226/B1365788)**
>
> 29 photos of this $309,900, 5 Bed, 2 Bath, 2020 SqFt, Single-Family property located at 31 Roycroft Boulevard, Amherst, NY 14226 MLS Number B1365788

you cannot get even a 1 bed condo for $300k around me, let alone a decent family home like this. Is this something that is listed for $309k and goes for $400k though?

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**Author:** ![livin4hockey](https://avatars.discourse-cdn.com/v4/letter/l/d2c977/32.png) [@livin4hockey](https://forums.speedlife.net/u/livin4hockey)\
**Post date:** [December 10, 2021, 11:40am UTC](https://forums.speedlife.net/t/wny-real-estate/1414147/3 "2021-12-10T11:40:06Z")

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A lot of this depends on the areas you are looking in. More in demand areas like Amherst/Williamsville are going to have a much higher chance of over asking selling prices. My co-worker has been looking in Williamsville for a while now. He had an offer in $50k over a couple weeks back and it went for $90k over. That’s not the case every time, lots of little factors play into that as well. I think those homes in the $250k-$350k are the sweet spot for aggressive over bidding. Over $350k the pool of prospective buyers shrinks and there’s not as much competition by comparison, but still expect multiple offers on anything you look at.

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**Author:** ![LUC1F3R](https://yyz2.discourse-cdn.com/flex034/user_avatar/forums.speedlife.net/luc1f3r/32/7299_2.png) [@LUC1F3R](https://forums.speedlife.net/u/LUC1F3R)\
**Post date:** [December 10, 2021, 2:56pm UTC](https://forums.speedlife.net/t/wny-real-estate/1414147/4 "2021-12-10T14:56:01Z")

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1st one is nice, price makes sense based on how far away it is from everything. Not much work or money around there.  
2nd one is in the hood. You’d be better off buying something a couple blocks away for \<100k and hoping the neighborhood turns.  
3rd one I wouldnt touch because it looks like a bunch of bad additions.

In general “good” houses around here are selling in days for well over the asking. Anything you find that has been on the market for any period of time is on the market for a reason.

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**Author:** ![bing](https://yyz2.discourse-cdn.com/flex034/user_avatar/forums.speedlife.net/bing/32/7211_2.png) [@bing](https://forums.speedlife.net/u/bing)\
**Post date:** [December 10, 2021, 4:27pm UTC](https://forums.speedlife.net/t/wny-real-estate/1414147/5 "2021-12-10T16:27:26Z")

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what’s it like finding private contractors for renos these days in WNY?

It’s impossible up here. I have family that do this work and they are booked out months and months.

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**Author:** ![LUC1F3R](https://yyz2.discourse-cdn.com/flex034/user_avatar/forums.speedlife.net/luc1f3r/32/7299_2.png) [@LUC1F3R](https://forums.speedlife.net/u/LUC1F3R)\
**Post date:** [December 10, 2021, 4:44pm UTC](https://forums.speedlife.net/t/wny-real-estate/1414147/6 "2021-12-10T16:44:19Z")

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Same.  
Both of the larger contractors here have no quoted an addition we want because theyre booked into 2023.

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**Author:** ![Motocrossx23](https://yyz2.discourse-cdn.com/flex034/user_avatar/forums.speedlife.net/motocrossx23/32/5120_2.png) [@Motocrossx23](https://forums.speedlife.net/u/Motocrossx23)\
**Post date:** [December 10, 2021, 5:27pm UTC](https://forums.speedlife.net/t/wny-real-estate/1414147/7 "2021-12-10T17:27:42Z")

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I had three contractors quote me for a parking pad in concrete, all three said 8-12 months out and they all varied by thousands. One was $2k, the other was $10k.

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**Author:** ![HouseS2K](https://yyz2.discourse-cdn.com/flex034/user_avatar/forums.speedlife.net/houses2k/32/100273_2.png) [@HouseS2K](https://forums.speedlife.net/u/HouseS2K)\
**Post date:** [December 10, 2021, 7:10pm UTC](https://forums.speedlife.net/t/wny-real-estate/1414147/8 "2021-12-10T19:10:57Z")

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All these people shooting over asking must have cash piles. Banks will approve of what they say it’s worth. Buddy bid over asking and bank said he would have to come up with the difference because the house wasn’t worth the price.

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**Author:** ![bing](https://yyz2.discourse-cdn.com/flex034/user_avatar/forums.speedlife.net/bing/32/7211_2.png) [@bing](https://forums.speedlife.net/u/bing)\
**Post date:** [December 10, 2021, 7:14pm UTC](https://forums.speedlife.net/t/wny-real-estate/1414147/9 "2021-12-10T19:14:24Z")

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i dunno if you guys are paying attention to whats happening up here but i’ll pull some screenshots off my phone and post them here.

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**Author:** ![bing](https://yyz2.discourse-cdn.com/flex034/user_avatar/forums.speedlife.net/bing/32/7211_2.png) [@bing](https://forums.speedlife.net/u/bing)\
**Post date:** [December 10, 2021, 7:16pm UTC](https://forums.speedlife.net/t/wny-real-estate/1414147/10 "2021-12-10T19:16:23Z")

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![Screenshot_20211124-233628](https://canada1.discourse-cdn.com/flex034/uploads/speedlife/original/3X/a/5/a548a64301e6e932c9c17af4d9fdaff74442f6a2.jpeg)  
 ![Screenshot_20211113-195058](https://canada1.discourse-cdn.com/flex034/uploads/speedlife/original/3X/3/2/32fbb66d4d4999bac31d1c30efe72e566e08ec86.jpeg)  
 ![Screenshot_20211113-194805](https://canada1.discourse-cdn.com/flex034/uploads/speedlife/original/3X/d/b/db1ecc231120f0f1c9e26631fac133270f4fe181.jpeg)  
 ![Screenshot_20211113-194950](https://canada1.discourse-cdn.com/flex034/uploads/speedlife/original/3X/b/3/b311a8e3a5ef837c20e2f0805ae6d50ed50d13bd.jpeg)

Check the list/sold spreads.

This is my neighbourhood.

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**Author:** ![Z28pr0jekt](https://yyz2.discourse-cdn.com/flex034/user_avatar/forums.speedlife.net/z28pr0jekt/32/5393_2.png) [@Z28pr0jekt](https://forums.speedlife.net/u/Z28pr0jekt)\
**Post date:** [December 10, 2021, 7:18pm UTC](https://forums.speedlife.net/t/wny-real-estate/1414147/11 "2021-12-10T19:18:11Z")

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The heck, those are like $150-200K houses in Utica lol

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**Author:** ![bing](https://yyz2.discourse-cdn.com/flex034/user_avatar/forums.speedlife.net/bing/32/7211_2.png) [@bing](https://forums.speedlife.net/u/bing)\
**Post date:** [December 10, 2021, 7:24pm UTC](https://forums.speedlife.net/t/wny-real-estate/1414147/12 "2021-12-10T19:24:57Z")

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> [@Z28pr0jekt](#):
>
> The heck, those are like $150-200K houses in Utica lol

yeah, exactly… it’s messed up

You can buy a similar home in WNY outright for the spread between the list/sold up here…

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**Author:** ![jay\_g](https://yyz2.discourse-cdn.com/flex034/user_avatar/forums.speedlife.net/jay_g/32/111288_2.png) [@jay\_g](https://forums.speedlife.net/u/jay_g)\
**Post date:** [December 10, 2021, 7:30pm UTC](https://forums.speedlife.net/t/wny-real-estate/1414147/13 "2021-12-10T19:30:29Z")

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In October I listed my house for 199k and sold it for 234k. I bought it in 2010 for 118k. If the market was “normal” it would sell for probably 190k.

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**Author:** ![juicedz4](https://yyz2.discourse-cdn.com/flex034/user_avatar/forums.speedlife.net/juicedz4/32/5051_2.png) [@juicedz4](https://forums.speedlife.net/u/juicedz4)\
**Post date:** [December 10, 2021, 7:35pm UTC](https://forums.speedlife.net/t/wny-real-estate/1414147/14 "2021-12-10T19:35:30Z")

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My mom sold her ~1250sqft ranch (albeit with a finished basement) late summer for $241 on the east side of Rochester.

> **[3303 Maple Ave, Walworth, NY 14568 | Zillow](https://www.zillow.com/homedetails/3303-Maple-Ave-Walworth-NY-14568/61980878_zpid/)**
>
> Zestimate® Home Value: $241,000. 3303 Maple Ave, Walworth, NY is a single family home that contains 2,000 sq ft and was built in 1993. It contains 3 bedrooms and 2 bathrooms. 
>  
> The Zestimate for this house is $244,000, which has increased by $2,993...

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**Author:** ![LUC1F3R](https://yyz2.discourse-cdn.com/flex034/user_avatar/forums.speedlife.net/luc1f3r/32/7299_2.png) [@LUC1F3R](https://forums.speedlife.net/u/LUC1F3R)\
**Post date:** [December 10, 2021, 8:53pm UTC](https://forums.speedlife.net/t/wny-real-estate/1414147/15 "2021-12-10T20:53:07Z")

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omg thats insane.  
How is this sustainable? Is the median salary $200k or are the loans bs variable rate?

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**Author:** ![LUC1F3R](https://yyz2.discourse-cdn.com/flex034/user_avatar/forums.speedlife.net/luc1f3r/32/7299_2.png) [@LUC1F3R](https://forums.speedlife.net/u/LUC1F3R)\
**Post date:** [December 10, 2021, 8:56pm UTC](https://forums.speedlife.net/t/wny-real-estate/1414147/16 "2021-12-10T20:56:09Z")

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Not sure how big a pad you want but I just DIY’d a pad and retaining wall for my hot tub for about $500. 4" thick, 10’x10’ and the retaining wall was 18" tall on two sides. Rent a mixer and have the pallet of concrete delivered.

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**Author:** ![bing](https://yyz2.discourse-cdn.com/flex034/user_avatar/forums.speedlife.net/bing/32/7211_2.png) [@bing](https://forums.speedlife.net/u/bing)\
**Post date:** [December 10, 2021, 9:51pm UTC](https://forums.speedlife.net/t/wny-real-estate/1414147/17 "2021-12-10T21:51:42Z")

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> [@LUC1F3R](#):
>
> omg thats insane.  
> How is this sustainable? Is the median salary $200k or are the loans bs variable rate?

30%+ of all transactions are not for primary residential purposes (investors, second home, commercial buyers). foreign buyers (Chinese in particular) are also big players but they fit into the former categories usually.

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**Author:** ![Beck](https://yyz2.discourse-cdn.com/flex034/user_avatar/forums.speedlife.net/beck/32/28683_2.png) [@Beck](https://forums.speedlife.net/u/Beck)\
**Post date:** [December 11, 2021, 7:14pm UTC](https://forums.speedlife.net/t/wny-real-estate/1414147/18 "2021-12-11T19:14:08Z")

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10 years ago - $100/sq ft was tops.

Now every house is about $150/ft and the desirable areas and renovated houses are doing $200-$225/sq ft.

It’s never going to change, the only thing that will change is the length of time a house will spend on the market.

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**Author:** ![bing](https://yyz2.discourse-cdn.com/flex034/user_avatar/forums.speedlife.net/bing/32/7211_2.png) [@bing](https://forums.speedlife.net/u/bing)\
**Post date:** [December 11, 2021, 10:34pm UTC](https://forums.speedlife.net/t/wny-real-estate/1414147/19 "2021-12-11T22:34:38Z")

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@Beck !!!

wassaaaaaaaaaaaaaa

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**Author:** ![ubengineering](https://yyz2.discourse-cdn.com/flex034/user_avatar/forums.speedlife.net/ubengineering/32/5171_2.png) [@ubengineering](https://forums.speedlife.net/u/ubengineering)\
**Post date:** [December 17, 2021, 5:12pm UTC](https://forums.speedlife.net/t/wny-real-estate/1414147/20 "2021-12-17T17:12:08Z")

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Damn some of those prices

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