“The prices are decent here,” he said. “We found the prices in Schoharie County to be a little higher. We’ve bought some other property in this area, and we like it here.”
Haroff, who runs similar tax auctions for a slew of upstate counties, said the top bids for a number of properties appeared to be remarkably low, especially against the backdrop of a real estate market he said is beginning to recover.
For instance, two similarly designed Cape Cod style homes in New Lisbon, each sitting on more than three acres, sold for less than $25,000 each.
New Lisbon Town Supervisor Bob Taylor, who was at the Holiday Inn for a meeting unrelated to the auction, said he is pleased to see the properties coming back on the local tax roll.
“It’ll be wonderful to have people living in them,” he said.