Adirondack Value

Since this is a blog about the Adirondacks and Adirondack Real Estate, it is essential to address how property here in the Adirondack region of upstate New York is valued. Pretty simply, just like property elsewhere; value is based on the law of supply and demand. From there it gets slightly more complicated since most of the property I work with is located within the six-million acre Adirondack Park.
“The Adirondack Park was created in 1882 by the New York State Legislature, which enacted measures that guarantee public lands will remain forever wild. The Park itself is the size of the state of Vermont, with a structure unlike any other state or national park in the nation: it is a patchwork of public and private lands. There are expansive blocks of undeveloped backcountry interspersed with private homes, villages and tracts of corporate forest lands under active management. In the Adirondacks, it is possible to hike to an isolated waterfall in the afternoon, then spend the evening strolling Main Street.” Adirondack Regional Tourism Council