158 Lake Ellis Road, Wingdale NY: Your Guide

Looking to buy, sell, or simply learn more about 158 Lake Ellis Road in Wingdale, NY? This comprehensive guide provides all the essential information, from property details and local amenities to market trends and investment potential. We'll explore everything you need to know about this specific address, helping you make informed decisions whether you're a prospective buyer, seller, or curious resident.

Key Takeaways

• Property Overview: Discover the features and characteristics of the property at 158 Lake Ellis Road, Wingdale, NY, including its size, style, and unique attributes.
• Location Insights: Explore the neighborhood, local schools, nearby attractions, and overall appeal of the area surrounding the address.
• Market Analysis: Get insights into the current real estate market in Wingdale, NY, including recent sales data and trends.
• Buying and Selling Tips: Understand the steps involved in buying or selling a property at 158 Lake Ellis Road, including important considerations and local regulations.
• Investment Potential: Assess the investment opportunities and long-term value of properties in this location.

Introduction

Welcome to your complete resource for understanding 158 Lake Ellis Road in Wingdale, NY. This guide is designed for anyone with an interest in this specific property, whether you're considering a purchase, curious about its value, or simply want to learn more about the area. We'll dive deep into the property's details, the surrounding neighborhood, and the current real estate market to provide you with a clear and comprehensive overview.

What & Why

Understanding 158 Lake Ellis Road starts with the basics: What is the property like? Why is this location significant? This section provides a detailed look at the property itself and its context within Wingdale, NY. The address is more than just a physical location; it represents a specific piece of real estate with its own unique characteristics and value. — Fair Lawn, NJ Zip Code Guide

• Property Details: Explore the specifics of the property at 158 Lake Ellis Road. This includes the type of property (single-family home, condo, land, etc.), the number of bedrooms and bathrooms, square footage, and any special features such as a pool, garage, or unique architectural elements. High-quality photographs and virtual tours are often available to provide a visual understanding.
• Location and Surroundings: The location of 158 Lake Ellis Road within Wingdale, NY, is crucial. Consider its proximity to schools, parks, shopping centers, and other amenities. The neighborhood's character, including its safety, noise levels, and overall appeal, significantly impacts the property's value and desirability.
• Market Value: Understanding the market value is essential. Recent sales data for comparable properties in the area provides insights into the current real estate trends. Market analysis helps determine the property's fair market value and potential for appreciation.

Benefits of Knowing About 158 Lake Ellis Road

• Informed Decisions: Knowing about the property helps buyers and sellers make informed decisions, ensuring they understand market values and property details.
• Investment Opportunity: Understanding the location's potential can help investors assess long-term value and investment opportunities.
• Community Awareness: For current residents or those considering moving to Wingdale, this information is a valuable resource for community knowledge and neighborhood insights.

Risks to Consider

• Market Fluctuations: The real estate market can be unpredictable. Market trends and values can change over time, which can affect investment.
• Property Condition: The condition of the property itself can pose risks. Potential buyers should always conduct thorough inspections to identify any issues that might require costly repairs.
• Local Regulations: Understanding local zoning laws and regulations is important. These can affect the property's usage, renovation options, and future potential.

How-To / Steps / Framework Application

Here's a step-by-step guide to help you navigate the process of buying, selling, or learning more about 158 Lake Ellis Road, Wingdale, NY:

1. Gather Information:

   • Property Records: Start by reviewing public records to understand the property's history, ownership, and any existing liens.
   • Tax Assessments: Check property tax assessments to understand the property's assessed value and associated tax liabilities.
   • Surveys and Disclosures: Obtain any available property surveys and seller disclosures to gain insights into the property's condition and boundaries.

2. Market Research:

   • Comparable Sales: Research recent sales of comparable properties in the area to understand current market values.
   • Market Reports: Consult local real estate market reports for insights into trends, average prices, and days on the market.
   • Real Estate Agents: Work with a local real estate agent who has experience in Wingdale, NY, to get expert advice.

3. Property Evaluation:

   • Property Inspection: Conduct a professional property inspection to identify any potential issues with the structure, systems, or features.
   • Appraisal: Obtain a professional appraisal to determine the property's fair market value.
   • Zoning and Regulations: Review local zoning regulations to ensure the property meets all requirements and to understand permitted uses.

4. Buying or Selling:

   • Negotiation: If buying, negotiate the purchase price and terms with the seller. If selling, prepare the property for sale, market it, and negotiate with potential buyers.
   • Closing: Coordinate the closing process, including title insurance, legal documentation, and the transfer of funds.
   • Financing: Secure financing through a mortgage lender if buying.

Examples & Use Cases

Here are some examples and use cases to illustrate how the information about 158 Lake Ellis Road can be applied: — Post Office Hours: Is It Open On Saturday?

• Prospective Homebuyers: John and Mary are looking to purchase their first home. After identifying 158 Lake Ellis Road, they research the property's condition, neighborhood, and local schools to assess its suitability for their family.
• Sellers: Sarah decides to sell her home at 158 Lake Ellis Road. She works with a real estate agent to determine a competitive listing price based on market analysis and property features.
• Investors: David is considering investing in real estate. He researches 158 Lake Ellis Road, analyzes its potential rental income, and assesses the area's growth prospects to evaluate the investment's long-term viability.
• Current Residents: The Smiths, who live nearby, are curious about the property's sale price. They review the sales records to understand market trends in their neighborhood and how their own property's value might be affected.

Best Practices & Common Mistakes

• Best Practices:

  • Due Diligence: Conduct thorough research and inspections.
  • Professional Advice: Consult with real estate agents, inspectors, and attorneys.
  • Market Analysis: Stay informed about current market trends.
  • Negotiation: Be prepared to negotiate the terms of the sale.

• Common Mistakes:

  • Skipping Inspections: Failing to conduct a thorough property inspection.
  • Overpaying: Overpaying for a property without adequate market research.
  • Ignoring Zoning: Ignoring local zoning regulations and restrictions.
  • Poor Negotiation: Not negotiating effectively.

FAQs

1. What is the current market value of 158 Lake Ellis Road? To determine the current market value, research recent sales of comparable properties in the area and consult with a local real estate agent who can provide a professional appraisal. — Walgreens In St. Joseph, MO: Locations & Services

2. What are the property taxes for 158 Lake Ellis Road? Property taxes can vary. Information can be found by checking the local government's tax assessor's website or by reviewing the property tax assessment records.

3. What schools serve the area around 158 Lake Ellis Road? The specific schools that serve the address can be found by checking local school district websites or by contacting the local school district directly.

4. What are the zoning regulations for 158 Lake Ellis Road? The zoning regulations can be found by contacting the local town or city planning department. These regulations will specify permitted uses, building restrictions, and other requirements.

5. How can I find out about recent sales of properties in the area? You can find information about recent sales of properties by using online real estate portals, consulting with a real estate agent, or checking public records for sales data.

Conclusion with CTA

Understanding the details of 158 Lake Ellis Road, Wingdale, NY, is an important step whether you're considering a purchase, sale, or simply gathering information. This guide is designed to equip you with the knowledge you need to make informed decisions. For personalized assistance, contact a local real estate agent today. They can provide valuable insights and help you navigate the market. Start exploring your real estate options now!

Last updated: October 26, 2024, 00:00 UTC