Why You Should Buy a House in Buffalo NY
Unless you’re from upstate New York, the aspiration to buy a house in Buffalo NY has likely never been on your real-estate radar, but with skyrocketing home costs, big cities are slowly pushing out the artists that were the cultural foundation for city living appeal. This artist exodus over the last several years has landed Buffalo right in a golden transition: the temporary time when affordable housing is paired with a rising diverse and trendy culture.
The cultural pleasures of living in the city no longer limit people to tiny studios and no hope to move from renting to owning their own space. The current cost of renting in New York, NY is 264.98% higher than Buffalo, NY—and that is just prices for renting. The cost to actually own a home (outside of the city proper) in New York, NY is 1,119.67 % higher than Buffalo. And while the food, music, and overall vibe is what kept people paying those super-inflated prices, Buffalo is beginning to make a splash in the markets demand for modern dining, eccentric events and inner city transportation, making people rethink their big-city locale.
With vegan bakeries, charming old world architecture and even new bike lanes, Buffalo is attracting the likes of folks who would have been interested in moving to San Francisco 5 years ago. The most alluring factor is undoubtedly that owning a home becomes a reality in Buffalo, without sacrificing the joys of a fluid and youthful community. Buy a house in Buffalo NY