Real estate in the boondocks of upstate NY has always been cheap. If
the house does not show well and needs a lot of work, that price isn't
totally out of wack. On the other hand, property taxes of $11K are
very high for upstate NY and would be a key factor limiting the sale.
Similar size houses in lots of places in upstate NY have property
taxes half that or less. Without actually seeing it and knowing the
situation of the town it's located in, it's impossible to reach any
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