People & Business Flocking to Richfield Springs (Updated 6:20 pm)

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People & Business Flocking to Richfield Springs (Updated 6:20 pm)

Nate Crossett

Story Created: Sep 8, 2006 at 2:05 PM EST

Story Updated: Sep 8, 2006 at 5:21 PM EST

More and more people seem to be drawing to the Northern Otsego County Village of Richfield Springs. Its wide open spaces and sense of community is attracting people from far and wide and not just for local real estate. Commercial property is also going very fast.

According to Leonard Butler, the mayor of Richfield Springs, a lot of people are finding the tiny village an attractive place to call home. "These people, a lot of them, are looking at retirement or already have retired. They want to come into a community that's kind of settled, low tone, kind of quiet, and enjoy themselves," he says.

Local home and property sales reflect the trend. An acre of land that was once going for $800 now costs $2,500. "A lot of it has to do with Catskill area being priced out. So much property has been bought down there that they're not looking to move northland," says Cindy Talbot, of JGB Properties LLC.

Commercial property is also very hot in the Richfield Springs area. Just a couple years ago, a McDonald's and Price Chopper were built. There's also word that a Kinney's Drug Store will be moving into the area, as well.

The mayor credits the success to aggressive local leaders and a community that focuses on the future.

 

 

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