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Is Beacon Done?

beacon-real-estate-market

That’s the feeling we’ve been getting from folks who are on the Brooklyn-Beacon-Newburgh trajectory. They left Brooklyn for Beacon, seeking affordable housing and an artsy community with good transit to the city. Now they’re priced out of Beacon and heading over to Newburgh, where there are still bargains to be had. Beacon is Discovered, they say, with all the good and the bad that accompanies a place with hype.

There are still affordable places in Beacon, as you can see from the Trulia snapshot above, but they tend to be underwhelming, places that don’t necessarily have those good bones old house buffs are always looking for. There are a lot of newer homes, some suburban in style and feel (nothing wrong with that, of course, but those looking for old world charm might not cotton to them). Has all the good stuff gotten snatched up in Beacon? Has it reached its apogee? Or is there still room for new blood and room for improvement?

Category: Beacon, Real Estate Market

By: lisa | 4 November 2013 01:00 PM | 7 Comments

7 Responses

  1. P says:

    Really like Beacon and think it’s the perfect place for NYC folks, but there really aren’t many nice, old buildings. Just imagine if you could put the housing stock of Hudson in Beacon’s location.

  2. DTP says:

    We are moving to Beacon this Friday(!) from Washington DC, having sought out nature plus art…its a wonderful community with A LOT of room for growth still and is still rapidly changing for the better every day, but I agree–the housing stock isn’t good. If it had Newburgh or Hudson architecture in the housing–wow. That being said-they are doing a lot of renovating from what I’ve seen, but the housing is–meh…

  3. CfG says:

    Patience is a virtue. We moved from Brooklyn to Beacon 2+ years ago and love it. We were fortunate to land a Queen Anne Victorian with all of the bones and charm. Every couple of months the ‘good’ properties do come up for sale, and are still priced reasonably – way less than a decent Bklyn 1-bedroom…it just requires patience, and a keen eye…as these good properties do get scooped up quickly.

  4. P says:

    I’m a bit obsessed with the thought of moving to the HV, and Beacon being the perfect location NYC-proximity-wise. Could anyone tell me how The Roundhouse is doing?

  5. frenchiedog says:

    Beacon is certainly not done…It seems to be moving along at a nice clip and very livable and attractive to former NYers.

    As for Newburgh, ‘ you can get it if you really want it, but you must try, try and try…’ to quote the great Jimmy cliff

    Newburgh also has the better view…..

  6. The reality is if the demand increases developers will start converting the not-so-great homes into better ones, or tearing down the crap.

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