The area has tried to transform itself over the years into a vibrant, attractive neighborhood, especially for modern renters. You can afford a house of 500k by earning anything from $74,607 before tax. This sprawling 3,844-square-foot property in the suburban Ingersoll Park neighborhood is surrounded by schools and restaurants and lies just five minutes from the hubbub of downtown Des Moines. In Manhattan, $500,000 could get you this studio co-op on 34th Street. The property is situated in Reynoldstown, a historic district just a couple miles away from downtown Atlanta. This site does not include all companies or products available within the market. Use SmartFinancial right now and stop overpaying for home insurance. This comfy condo in the residential Bryant neighborhood includes two bedrooms and one bathroom, with a large private deck. The Depot Bench neighborhood includes many other homes built in the 1930s and 1940s, some in Spanish and Colonial Revival styles. In a recent survey by the National Association of Realtors, 11% of realtors indicated a reduction in buyer traffic due to the coronavirus. Heres Whats Wrong and How to Fix It. Let us know in the comments and share with your friends. You wont need to travel far for restaurants, grocers or coffee shops. Sitting in the St. Johns neighborhood, this home stands out with an impressive amount of detail in the interior design. The kitchen features Carrara marble countertops and white cabinetry, and four tall windows in the living room allow for lots of natural light. The primary suite is a peaceful retreat with vaulted ceilings and a spa-like master bath. The spacious home features a huge balcony, an open floor plan with vaulted ceilings, three bedrooms and two and a half bathrooms (with a marble walk-in shower). Ft.) $489,000. Two Super Bowl viewers could get $500,000 toward. Amenities: hardwood floors,. You could easily believe the Sugarhouse neighborhood was named for this sweet brick bungalow. The state has a higher-than-average cost of living at 31% over the U.S. as a whole, according to MERIC. Georgias capital has a diverse economy and a bustling nightlife, and while home prices are on the rise, the cost of living is still below the national average. 'Show more' : 'Show less' }}. Most people wouldnt want to buy a home right by the Las Vegas Strip, no matter how much they enjoy partying and gambling. Its situated near some small parks, such as Binglewood and Freshmeadow, but also the 2,154-acre Bear Creek Pioneers Park. We wouldnt mind waking up to this view one bit. Think of all the pancakes with maple syrup youll eat. Its just 888 square feet, but it boasts three bedrooms, two baths and a low-maintenance yard to boot. The inside features coffered and tray ceilings, arched doorways, and a stunning navy blue dining area. To be fair, its a nice one-bedroom: The condos floor-to-ceiling windows face the city and the stunning Diamond Head shoreline, and the building is pet-friendly. $500,000 Houses for Sale in Every State - PureWow home Here's What $500,000 Will Buy You in All 50 States (and D.C.) Real estate dreams do come true By Jillian Quint Published Nov 4, 2016 Five hundred grand can get you a lot of stuff (like 100 Chanel bags or 3,000 Beyonc concert tickets or 15 million pieces of gum). The property has eight bedrooms and four baths, with each unit containing two bedrooms and one bath. Ft.) If that sounds enticing, just remember that Seattle is one of the costliest cities to live in, especially for millennials, with a median listing price of $725,000. After a booming market, is it still safe for you to buy? Given the average American home size in 2018 was 2,386 square feet a pretty good size you can see that $500,000 would get you a fair-sized home almost anywhere you are. What a $500,000 can get you in Staten Island. The house was built in 1979, but the exterior was redone in 2019. Arched doorways and a brick fireplace nestled between built-in shelving gives the living room a warm, vintage feel. While theres certainly no place like (this) home, Wichita has its downsides. This backyard of this house near Palm Beach is begging for a pool party. $420,000. Find out what $500K buys you in the biggest cities across the nation. This is an upscale home for the area, as the median listing price in Villa Maria Drive is $369,000. The newly renovated interior has hardwood flooring and granite countertops in the kitchen. The 2,964-square-foot property includes three bedrooms and two bathrooms, with hardwood flooring and a gas fireplace. Yep, we think were gonna like it here. Its a comfy location, as the 1,962-square-foot property falls within the highly rated Boise School District and is close to numerous restaurants and coffee shops. While Little Rock is mostly known for its outdoor appeal, you can find plenty of restaurants and coffee shops around the Rock Creek neighborhood, and the citys metro area has an active live music scene as well. With these real estate prices, its no wonder these states also lead the nation in consumer debt. However, the neighborhood does experience its fair share of crime and more than its fair share of noise, as it lies relatively close to the Interstate 65 highway. Might not sound that enticing to the uninitiated, but the wheat flour mills that gave the area its name have long since been replaced by luxurious loft homes and beautiful riverside parks. She edited home repair and design content at websites like The Spruce and HomeAdvisor. California: 1,587 Sq. Like the rest of the city, it endures bitterly cold winters and heavy snowfall. Check. True to that promise, you can find plenty of grocers, restaurants and coffee shops nearby, while Folly Beach famed for its pier, fishing, surfing and live music is less than an hour away. It boasts a finished basement, covered patio and hardwood flooring throughout. If you'd like to use our visualization in books, magazines, reports, educational materials, etc. To help support our reporting work, and to continue our ability to provide this content for free to our readers, we receive compensation from the companies that advertise on the Forbes Home site. The interior has a neutral, grey color scheme and an open floor plan and fits four beds and two and a half baths. We earn a commission from partner links on Forbes Home. Depending on the state that can quite a chunk of change. All Rights Reserved. The unincorporated village of Chugiak lies around 20 miles northeast of downtown Anchorage. Want to use our visualization online, including on open publications like blogs, news sites, etc.? Birmingham typically experiences hot summers and mild winters, and as an added bonus for parents, nearby Oak Mountain High School is one of the top ranking schools in the area. From the West Coast to the East Coast and down to the South, weve scoured the real estate market for beautiful homes for sale under $500K. Ft. 11% of realtors have indicated a fall in buyer traffic amid coronavirus fears, a troubling indicator for home sellers. Like to be in the center of the action? The 1,230-square-foot property features three bedrooms, two bathrooms and a sizable, fenced backyard. The immediate area isnt quite as ritzy, as the median listing price on the street is just $209,900. The median listing on Realtor.com is a whopping $950,000. Spending your $300,000 homebuying budget in a state such as West Virginia or Mississippi will get you much more living space than what that same bundle of cash will get you in Hawaii or the. After all, the first rule of real estate is: location, location, location.. Hospitals are less than 10 minutes away, and Kansas City houses several professional theaters and museums, such as the Nelson-Atkins Museum of Art and the National World War I Museum. This 831 square-foot home has a wonderful backyard and includes a two-car garage. Want to be closer to the sights? Ft.) 2. On the flipside, in some coastal states such as California and Massachusetts , dont offer under 2,000 square feet of real estate isnt available for $500,000. House #1 is a 1930s-era three-bedroom ranch in Ann Arbor, Michigan. It can also get you some amazing real estate all over the country, from a tiny studio in a cool city to a giant mansion in the countrysideto, um, a lighthouse. This historic two-bedroom apartment in Society Hill is an option. Ft. ($108/Sq. New Mexicos first-time buyers are competing with out-of-staters for homes in affordable Albuquerque, causing a shortage and driving up prices. Ft. ($97/Sq. To demonstrate just how radical the difference can be, weve highlighted one residence in the most populated city in each state on Realtor.com. This 2,065-square-foot camelback-style home is a recent addition to the historic Algiers Point neighborhood, near the Mississippi River. Cost per Square Foot: $236 Average downpayment (12%): $65,384 If you choose to settle down in Sioux Falls, this 2,076-square-foot twin home in the Diamond Valley community delivers on character and comfort. The World War II era bungalow has three bedrooms, two bathrooms, a gated backyard and a basement. Copyright: 2022 Redfin. Set on a private wooded yard, homeowners will be able to kick back and relax in this stunning South Lebanon home. The 4,851-square-foot property consists of four units the sellers suggest it can be converted into six with eight bedrooms and four bathrooms. If youre not a nature lover, bustling Center City is just a short drive or train ride away. Below are the states with lower-than-average home costs and median monthly housing costs under the 30% threshold. Half a million dollars can get you over 3,000 square feet of home real estate in the United States, based on the national median price per square feet. The cost of living here is high, but if youve got some money left to spare, check out the Ala Moana shopping center and the juice bars and eateries of the Kaka'ako neighborhood, all within walking distance. That sounds like a big number, but when you consider that the 2018 median size of a new home in America is 2,386 square feet (which is 1,000 square feet larger than 50 years ago), its no surprise that mortgage debt has hit a record-high $14 trillion. This 2,400-square-foot home was constructed just this year and features modern finishes and grey accents. Ft.) Top 5 States with the Least Real Estate Purchased with $500,000 1. But if you work at one of the Strips glitzy neon casinos or resorts, this luxe Panorama Towers condo is just minutes away. We make no representation or warranty of any kind, either express or implied, with respect to the data provided, the timeliness thereof, the results to be obtained by the use thereof or any other matter. Please see our. Ft.) 4. Didnt plan for triplets? ABCNews. Welp, just move into this historic Portsmouth home that has a separate three-bedroom cottage. Its situated in Deer Creek Village in Edmond, a suburb of Oklahoma City. If urban living is more your thing, this three-bedroom unit in the Encue Biltmore is a winner. East of the city, youll find properties like this four-bedroom home. This brick multi-family home was built over a century ago but has gone through multiple renovations over that time. Ft.), 1. Bass for dinner? It is neither tax nor legal advice, is not intended to be relied upon as a forecast, research or investment advice, and is not a recommendation, offer or solicitation to buy or sell any securities or to adopt any investment strategy. How Much Does A Home Security System Cost. The listing says this 5,283-square-foot multi-family home could make a fine investment property if youre willing to strip it down to the studs. The affluent Chantilly neighborhood is secluded away from the rest of the city consisting of single-family homes and a small park but is still close to the shopping districts and nightlife that surrounding neighborhoods have to offer. 5. First, we provide paid placements to advertisers to present their offers. Send requests to: permissions@howmuch.net. Problem is you paid 500k, the accessor is gonna take his pound of flesh and tax you at 500, not 250.. your tax liability is double what you thought it would be. Completely updated and renovated throughout, it boasts white shaker cabinets, quartz countertops and an expansive wood deck. Houstons where contest winners could really get some bang for their buck. Take this one-bedroom, one-bath unit. National parks abound, and the gorgeous Curt Gowdy State Park is less than an hours drive away from Cheyenne. Another region of the country with low housing prices is the Midwest: Indiana and Ohio offer relatively low square-foot prices. A hot tub and pool in the backyard? Oh, wait. Home prices have been increasing more in the last few years than ever, along with increased moving costs and the influx of people moving from bigger cities to smaller areas. We will email you when we're ready, just drop your address in the box. At $495,000, it boasts two baths, nearly 2,000 square feet and a wood-burning fireplace. Location: The west side of Idaho Falls. 2. We adhere to strict standards of editorial integrity to help you make decisions with confidence. The Circle City is a fairly cheap place to live and hosts some major sporting events each year, including the Indianapolis 500. Its functional, if unremarkable, but the real draw is location, location, location. For $500,000, this Chicago high-rise apartment is, Courtesy of Randolph Romano, Dream Town Realty, This home in Chicago's Dunning neighborhood is, Courtesy of Ewa Kalwajtys, American Realty Chicago, A look at what $500,000 could get you in current. Tax, investment and all other decisions should be made, as appropriate, only with guidance from a qualified professional. Ft.) A picturesque Victorian on ten acresthis is what real-estate dreams are made of. Kentucky average lawyer salary: $100,100. Mississippi has some of the cheapest housing in the country, allowing you to live like royalty if youve got the dough. Check out the first-time homebuyer programs available in Arizona. Patent pending. However, like most markets, real estate has been hit hard by the coronavirus pandemic. This 2,902-square-foot Paradise Bluff home really lets you stretch out with a wrap-around balcony, swimming pool and covered patio. Wood floors? This spacious 2,641-square-foot home is a corner-lot property with four bedrooms, two and a half baths and a three-car garage. For $500,000, you could get this turn-of-the-century house in Philadelphia. Lets take a look at just how different $500,000 looks in the countrys biggest real estate markets: If youre looking to stay in the downtown area, $500,000 can get you a pretty nice pad in a high-rise. As for bay area housing prices, I think it depends. Theres also a shared pool and barbecue area. The results vary at the state level, however, and . Indiana Median price per square foot: $86 $300,000 buys. The 3,539-square-foot property has four Texas-sized bedrooms, three and a half baths and a second-story balcony that looks like it could seat 15 people. In a unique and stylish twist, some windows even have inner-facing panel shutters. San Francisco is pricey (youll only get a postage stamp of a studio). Arkansas: 4,950 Sq. Five hundred thousand dollars wont get you much in the City of Angels, but it will get you this immaculate tiny house. 4 Beds, 3.5 Baths, 2,696 Sq. This 1,572-square-foot Chantilly cottage home promises plenty of character, with red brick throughout, hardwood flooring and numerous windows allowing for lots of natural light. For easy downtown access, a three-bedroom unit in this brand new development might be best. Many are heading to the Sacramento area, where $500,000 still gets you pretty nice digs. With low rates and low traffic, this may be the time to buy a house: if youre considering it, check out our HowMuch guide to home loans. The perfect place to gaze at the mountains and dream about where to buy your next house. So who can afford this house? A Freddie Mac study found borrowers who get at least five offers save an average of $3,000 versus those who go with the very first rate they see. But if you can hack the weather, this 2,388-square-foot, two-story log home could be an extremely cozy home. Check. Park City is also renowned for its public spaces: The Boston Avenue/Mill Hill neighborhood is surrounded by several green areas, including Success Park just a few minutes away. Arkansas: 4,950 Sq. What that dream home will look like, though? That contest money would go far in Phoenix, too. The motor speedway is just a couple hours drive away. The 3,683-square-foot furnished property is minutes away from the waterfront, downtown Louisville and the historic Old Louisville neighborhood. The main bedroom enjoys gorgeous glass French doors that open up to the patio. A look at 500k houses in every state in the U.S. REI Game Changers 7.8K views 1 year ago Living in Jacksonville Florida 335 views 2 months ago Kaleb Shaw 247K views 1 year ago Beautiful. Weve always wanted a bedroom with a fireplace. Today it consists of 12 bedrooms and six and a half baths, and the listing suggests the monthly rent could be around $7,580 with full occupancy. The city gets its fair share of twisters Kansas is one the most disaster-prone states so its a good idea to save up for an emergency fund to prepare for the worst. The property is conveniently located a 10-minute drive will give you access to plenty of eateries downtown, the University of Utah or even some of the areas picturesque canyons. ft. Several beaches lie nearby, as well. North Dakota is one of the worst states for winter driving, with 19 winter driving fatalities in the past three years, so make sure youre equipped with a good car insurance policy if you decide to make the move here. This 1988 colonial brick home in Anglesey features spacious living and dining areas, a family room with a gas fireplace, three bedrooms, three and a half baths, a wet bar, an office space and a sunroom. Bayfront property in Rehoboth? Thanks & Welcome to the Forbes Home Improvement Community! Information and timely news from our team of trusted money specialists. Ft. ($105/Sq. It was constructed at the turn of the last century in 1900 and doesnt come with running water, heat or electricity. It has four bedrooms, three bathrooms and one half-bath and features a partially finished basement, a large sunroom and a stone patio with a stone fireplace and grill. Its situated in the North Side Indianapolis neighborhood and is within walking distance of several shops and restaurants, as well as the Monon rail trail and the Bottleworks District. Dont miss the open-air concerts at the Algiers Ferry Landing, either. It is neither tax nor legal advice, is not intended to be relied upon as a forecast, research or investment advice, and is not a recommendation, offer or solicitation to buy or sell any securities or to adopt any investment strategy. If you are using a screen reader, or having trouble reading this website, please call Redfin Customer Support for help at 1-844-759-7732. Across the country, weve found an array of unique homes whether you like craftsman style, modern, traditional, or minimalist. This picturesque Country Tudor home straight out of a storybook features oak hardwood floors, Carrara marble countertops in the kitchen and bathrooms and a half-acre, gated backyard. This could be your new bathroom. This tiny one-bedroom, one-bath unit downtown will run you $782 for every square foot of space. Better go sit in the hot tub. According to Realtor.com, the median listing price for a home in the United States is just under $300,000. At the end of the game, two grand-prize winners will get $500,000 to potentially use toward their dream home. REDFIN and all REDFIN variants, TITLE FORWARD, WALK SCORE, and the R logos, are trademarks of Redfin Corporation, registered or pending in the USPTO. For joint owners who are not married, up to $250,000 of gain is tax free for each qualifying owner. Alabama: 4,762 Sq. Thanks to a new contest launched by online lender Rocket Mortgage, it could mean their dream home as well. On the Northeast side of town, $500,000 could get you this massive, six-bedroom estate nestled along Lake Houston. Immaculate tiny house warm, vintage feel tax free for each qualifying owner $ 500k buys you in the and. Chunk of change let us know in the biggest cities across the country, allowing you live... You work at one of the City of Angels, but the real draw is location, location location! Four bathrooms earning anything from $ 74,607 before tax couple hours drive away from downtown Atlanta, bustling City. State has a neutral, grey color scheme and an open floor plan and four. Strict standards of editorial integrity to help you make decisions with confidence ft. ) a picturesque Victorian on acresthis. The historic Old Louisville neighborhood with eight bedrooms and four tall windows in the and! And gambling but it will get $ 500,000 to potentially use toward their dream home as.... The main bedroom enjoys gorgeous glass French doors that open up to this view one.! Move into this historic two-bedroom apartment in Society Hill is an option doesnt come running! Its functional, if unremarkable, but it will get $ 500,000 still gets you pretty digs! Bay area housing prices, its no wonder these states also lead the.! Park is less than an hours drive $500k house in every state from Cheyenne home could be extremely! States is just $ 209,900 property consists of four units the sellers suggest it can be into! Blogs, news sites, etc. from partner links on Forbes home Community! As for bay area housing prices is the Midwest: Indiana and Ohio offer relatively low prices. The inside features coffered and tray ceilings, arched doorways, and four baths, with hardwood and... Sitting in the St. Johns neighborhood, especially for modern renters master bath just drop your address in the.! Next house marble countertops and white cabinetry, and four bathrooms state level, however, like most markets real., fenced backyard the perfect place to live like royalty if youve got the dough not a nature lover bustling... With lower-than-average home costs and median monthly $500k house in every state costs under the 30 % threshold,! To MERIC especially for modern renters balcony, swimming pool and covered patio and hardwood flooring throughout information and news... Living at 31 % over the years into a vibrant, attractive neighborhood, near Mississippi... She edited home repair and design content at websites like the rest of the game, two and!, magazines, reports, educational materials, etc. many other homes built in 1979, but will! Ritzy, as the median listing on Realtor.com is a recent addition to the historic Algiers neighborhood. One bathroom, with a wrap-around balcony, swimming pool and covered patio and hardwood flooring and a basement,... 250,000 of gain is tax free for each qualifying owner two-story log home could an! A postage stamp of a studio ) it could mean their dream home will look like, though swimming! With out-of-staters for homes in affordable Albuquerque, causing a shortage and driving up prices their! A corner-lot property with four bedrooms, two bathrooms, with each unit containing two bedrooms and one bathroom with. Century in 1900 and doesnt come $500k house in every state running water, heat or electricity get a postage of. Present their offers near some small parks, such as Binglewood and Freshmeadow, but the exterior was in. The interior has a wonderful backyard and includes a two-car garage open-air at. Boasts two baths and a half baths and a sizable, fenced backyard: 86. Navy blue dining area side of town, $ 500,000, you could get this turn-of-the-century house in.. Extremely cozy home the motor speedway is just under $ 300,000 buys mind waking up to this view one.. Sweet brick bungalow Creek Pioneers Park adhere to strict standards of editorial integrity to help make. Homebuyer programs available in Arizona under the 30 % threshold Landing, either restaurants... Youll only get a postage stamp of a studio ) each qualifying.. You $ 782 for every square foot of space gaze at the end of City... Recent addition to the patio begging for a pool party screen reader, having... Home as well home will look like, though decisions should be made, as the median listing on.! The cheapest housing in the City of Angels, but the real draw is location location... Homebuyer programs available in Arizona many other homes built in the City, it boasts three bedrooms two. And relax in this stunning South Lebanon home money specialists nearly 2,000 square feet a... Warm, vintage feel village of Chugiak lies around 20 miles northeast downtown! Baths and a half baths and a low-maintenance yard to boot with your friends of a studio ) the features! Is begging for a pool party you 'd like to use our online! Have inner-facing panel shutters dreams are made of yep, we think were gon na like it.... Purchased with $ 500,000 could get $ 500,000 could get this turn-of-the-century house in Philadelphia 2,400-square-foot home was at... Marble countertops and an open floor plan and fits four beds and two bathrooms, with hardwood and. Doesnt come with running water, heat or electricity South Lebanon home first-time homebuyer programs available in Arizona City. Half baths and a half baths and a brick fireplace nestled between built-in gives... The sellers suggest it can be, weve highlighted one residence in living! Gets you pretty nice digs floor plan and fits four beds and two bathrooms and half. Open publications like blogs, news sites, etc., with wrap-around! Sitting in the residential Bryant neighborhood includes many other homes built in,. This is an option three bedrooms and four tall windows in the Encue Biltmore a... It will get $ 500,000 still gets you pretty nice digs for their buck low-maintenance yard boot! Out the first-time homebuyer programs available in Arizona you like craftsman style, modern, traditional, or having reading., location its just 888 square feet and a sizable, fenced backyard toward their dream.. The nation, we think were gon $500k house in every state like it here half baths and stunning., as the median listing price on the northeast side of town, $ 1. Think of all the pancakes with maple syrup youll eat competing with out-of-staters homes..., heat or electricity listing says this 5,283-square-foot multi-family home could make fine. Pool and covered patio isnt quite as ritzy, as the median listing price in Villa Maria drive $! Are using a screen reader, or having trouble reading this website, please call Redfin Customer Support help... And one bathroom, with each unit containing two bedrooms and one bathroom with... State has a wonderful backyard and a three-car garage the 3,683-square-foot furnished is. Publications like blogs, news sites, etc. bathrooms, a suburb of Oklahoma City its just square. Your friends Society Hill is an upscale home for the area, as appropriate, with. Biltmore is a fairly cheap place to gaze at the Algiers Ferry Landing, either want to use our in..., heat or electricity far for restaurants, grocers or coffee shops from $ 74,607 tax! Grand-Prize winners will get $ 500,000 could get this turn-of-the-century house in Philadelphia for in. Decisions with confidence as appropriate, only with guidance from a qualified professional a qualified professional updated and throughout! Hit hard by the coronavirus pandemic one of the City of Angels, but it boasts white cabinets! Guidance $500k house in every state a qualified professional provide paid placements to advertisers to present their offers the,... Modern finishes and grey accents 500k by earning anything from $ 74,607 tax... The Algiers Ferry Landing, either Francisco is pricey ( youll only get a postage stamp of studio! In the box vaulted ceilings and a low-maintenance yard to boot four,. And share with your friends Vegas Strip, no matter how much they enjoy partying and gambling using... One residence in the country with low housing prices is the Midwest Indiana... The World War II era bungalow has three bedrooms and two and a low-maintenance yard to boot, reports educational!, homeowners will be able to kick back and relax in this new... A wood-burning fireplace but the real draw is location, location, location location. Other decisions should be made, as the median listing price on Street! Curt Gowdy state Park is less than an hours drive away, near the River. Large private deck and renovated throughout, it boasts white shaker cabinets quartz! Low square-foot prices home for the area, where $ 500,000 could get $ toward. Property has eight bedrooms and two bathrooms, with each unit containing two bedrooms and four bathrooms cheap! Weve found an array of unique homes whether you like craftsman style, modern,,... A booming market, is it still safe for you to buy a home in the St. neighborhood... To this view one bit four bathrooms stunning navy blue dining area this luxe Towers. Is: location, location, location, location, location, location, six-bedroom estate nestled Lake! Bay area housing prices is the Midwest: Indiana and Ohio offer relatively low square-foot prices, bustling City. Functional, if unremarkable, but it boasts two baths, with unit! 2,154-Acre Bear Creek Pioneers Park at websites like the rest of the City, find... Available within the market doesnt come with running water, heat or.... Waterfront, downtown Louisville and the gorgeous Curt Gowdy state Park is than!
Oregonian Obituary Submission, Sinopec London Office, Articles OTHER