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This three-bedroom, two-bathroom ranch in the Sachem school
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This three-bedroom, two-bathroom ranch in the Sachem school district in Holtsville features a large den with skylights and is listed for sale for $299,990. On a starter home budget in Holtsville, buyers can get anything from a two-bedroom condo to a five-bedroom high-ranch, as well as an assortment of Colonials, split-levels and capes.(Credit: Handout)

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Best places to live on Long Island for first-time homebuyers

Parting with tens of thousands of dollars in a single transaction is a scary prospect for first-time home buyers. Before laying out that down payment, they want reassurance that a starter home purchase will be a wise investment -- one that will build equity and pave the way for a trade-up in a few years.

The good news is that while prices and mortgage interest rates remain relatively affordable, it’s becoming a much safer bet than it was several years ago that the value of a home purchased today will appreciate.

Buyers can expect starter homes to range from $275,000 to $380,000 in Nassau and $250,000 to $350,000 in Suffolk. Search for more starter homes on Newsday Homes.