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Catskills - Sullivan County - Ulster County Real Estate -- Catskill Farms Journal

Old School Real estate blog in the Catskills. Journeys, trial, tribulations, observations and projects of Catskill Farms Founder Chuck Petersheim. Since 2002, Catskill Farms has designed, built, and sold over 250 homes in the Hills, investing over $100m and introducing thousands to the areas we serve. Farms, Barns, Moderns, Cottages and Minis - a design portfolio which has something for everyone.

September 3, 2014

Hudson Valley is Hot (and our latest editorial shoutout)

NY Post covers the Hudson Valley in an interesting way - I like the fact that Dan the writer tried to act like the newbies over at Hudson Woods had anywhere near the hard earned experience that make our clients' life a breeze, but he knew - deep down, with his great editorial discretion,-who the big boys are up here.

"For Hudson Valley buyers seeking more flexibility in terms of design, location and cost, builder Catskill Farms offers a wide range of turnkey options." (umm, yeah, give me the guy who offers less flexibility in terms of design, location and cost- I love the understated humor here).


Let me annoyingly count the ways we are different from our article-sharer.

100 homes vs 1.

$67,000,000 invested in the Catskills vs. $1,000,000 (of someone else's money).

Areas we build include Barryville, Narrowsburg, Olivebridge, Kerhonkson, Shokan, Woodstock, Saugerties, Rhinebeck, Redhook vs. Kerhonkson.

Price points generally under $500k, many times under $400k, often under $300k vs. $700k+.

I could go on with whats wrong with their business plan - and I am in a way an expert in these things, but since I've matured and grown as a person these last few years, I will refrain (and thus save me some regret embarrassment but at the same lower my readership/view count - people love to watch/read my off the cuff scotch fueled train wreck writings for sure).

There are a few truisms about upstate real estate, and the first is price.  Overprice your product and miss the homebuyer market - snazzy expensive marketing is no substitution for value.  And west of the river, we find that value equates to homes priced between $300k-$500k.  That's a truism many 'developers' have tried to ignore over the years as their project costs soar.

Also, don't miss our friends Courtney and Bronson's Barryville Schoolhouse Inn in a fun and informative VOGUE (yes Vogue!) article just out - Weekend Guide to Upstate NY.

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