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In the more affluent area of town known as South
Hill (where Ithaca College is located) lovely, three bedroom homes
(2,100 square feet) on acreage can be had for $189,000, and
$225,000 will fetch a renovated, 1940s, "Cape Cod"-style
home with 2,500 square feet, 4 bedrooms, 2 baths, a double garage
and a large wooded lot, although homes in the $300,000s are
common. Town homes and condos do not seem to be plentiful,
but the few 2 bedroom units we found were for sale in the low
$100,000s.
Ithaca has at least seven manufactured home
communities, although none targeting seniors specifically (there
are, however, two age-restricted mobile home parks in nearby
Newfield). At this writing, we found one mobile home for
sale for $29,000 (3 bedrooms, 1 bath). Individual
manufactured homes on 7-10 acres outside of town can be found for $63,000. Kendal at Ithaca (607-266-5300) is an
attractive continuing care retirement community with 105 acres,
212 independent living cottages and resident-driven
activities. Residency requires an application, entrance fee
and monthly fee. Bridges Cornell Heights offers assisted
living to small groups of seniors in gorgeous
late-nineteenth-century mansions. This being a
college town, Ithaca has a sizeable number of apartments for rent,
although during the fall and spring semesters, most of these are
rented to students. Buildings that cater to students tend to
have lower rental rates, and in these, one bedroom units can be
found for $500-$550 per month and 2 bedroom units for $625-$675
per month or so. In nicer buildings, one bedroom units start
at about $725 per month, and 2 bedroom units start at around $800
per month. While Ithaca has a good selection of
affordable single family homes, property taxes are above the
national average. And although it is an affordable
city, it is more expensive than other areas in this part of New
York State, primarily because it is a university town. Ithaca,
New York, Continued....
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