How Much Home Will $250k Get You in Your Metro Area? (state, largest)

[Hemlock140]

Absolutely nothing. Currently, the cheapest condos are running about $350-400k, houses $760,000.

[908Boi]

a studio in a trendy neighborhood
https://www.zillow.com/homedetails/2...9/402652_zpid/
something that needs work
https://www.zillow.com/homedetails/2...2/506238_zpid/
home on the outskirts
https://www.zillow.com/homedetails/5...32762611_zpid/
https://www.google.com/maps/place/52...!4d-76.9279684

[jcp123]

Originally Posted by 908Boi

a studio
https://www.zillow.com/homedetails/2...9/402652_zpid/

Nice little place though.

[908Boi]

Originally Posted by jcp123

Nice little place though.

Absolutely. I was surprised to find multiple options for under 250k and 300k in DC city limits.

[Chicagoland60426]

This is how you know Chicago is Midwestern at its core, despite having Alpha global city status

Beverly(far Southwest side)
https://www.zillow.com/homedetails/9.../4125890_zpid/

3 bdr and 1 bath
https://www.zillow.com/homedetails/1.../4146689_zpid/

Hyde Park (Southside near lake)

2 bd 2 ba Condo
https://www.zillow.com/homedetails/5...80854568_zpid/

Morgan Park (far Southwest)
4 bd 2 ba 2700 sq. ft
https://www.zillow.com/homedetails/2...21257258_zpid/

Bronzeville (Southside 2-4 miles from downtown)
4 bd 2 ba
https://www.zillow.com/homedetails/4.../3980705_zpid/

2 bd 2 ba Lofts
https://www.zillow.com/homedetails/5...65574656_zpid/

Suburbs

Orland Park (Southwest suburb)
https://www.zillow.com/homedetails/1.../4181335_zpid/

Flossmoor (south suburb)
4 bd 3 ba
https://www.zillow.com/homedetails/1.../4297054_zpid/

3bd 3 ba
https://www.zillow.com/homedetails/1.../4301344_zpid/

I know that at least some of it is still the effects of the market crash back in '07/08, considering the average or median house value in upper income southland suburbs such as Flossmoor and Orland Park were going for 300k+ over 10 years ago.

[Gaylord_Focker]

Originally Posted by 908Boi

Absolutely. I was surprised to find multiple options for under 250k and 300k in DC city limits.

Looks really nice but that sq footage lol.

[jennifat]

In the Twin Cities area, $250,000 is only going to get you crappy working-class homes in the outer-ring suburbs, a 50s rambler, a bungalow in an area with high crime, tiny condos, or dumpy fixer-uppers.

Minneapolis (North Minneapolis, high-crime area)
https://www.zillow.com/homedetails/4.../1719165_zpid/

Minneapolis (Uptown, very trendy area)
https://www.zillow.com/homedetails/1...82642495_zpid/

Minneapolis (South Minneapolis, nice area)
https://www.zillow.com/homedetails/4.../1792890_zpid/

St. Paul (Frogtown, high-crime area)
https://www.zillow.com/homedetails/6.../2159256_zpid/

New Hope (inner-ring western suburb)
https://www.zillow.com/homedetails/3.../1855668_zpid/

Columbia Heights (inner-ring northern suburb)
https://www.zillow.com/homedetails/5.../1535586_zpid/

Elk River (far northwestern suburb)
https://www.zillow.com/homedetails/1.../2207079_zpid/

Lakeville (far southern suburb)
https://www.zillow.com/homedetails/1.../1662066_zpid/

Stillwater (far eastern suburb)
https://www.zillow.com/homedetails/8.../2276111_zpid/

[mwj119]

Originally Posted by lrfox

Hahah in Boston it can get you about 1/3 of the way to a parking spot: https://www.cnbc.com/2015/11/04/pay-...ak-record.html

Yeah, but it's the coveted Brimmer Street Garage. Didn't you read the article?

[lrfox]

Originally Posted by mwj119

Yeah, but it's the coveted Brimmer Street Garage. Didn't you read the article?

I did lol. Have you visited their website? They have another for sale, but you have to email for the price.

[mooguy]

In Vancouver it would be the 10% down on your house. In the suburbs it would be your 20% down. You MIGHT get a 40 year old 400 sq foot bachelor apt 40 km from the city.