08-25-2012, 06:03 PM
Location: Port St Lucie Florida
862 posts, read
326,698 times
Reputation: 181
Finding a house for 125k
Is it possible to find a house west of 95 in a good area for this price? East of 95?
08-27-2012, 06:56 PM
Location: Cooper City, FL
338 posts, read
808,197 times
Reputation: 79
I would say yes, but probably a townhouse.
08-28-2012, 10:02 AM
Location: Somewhere in northern Alabama
9,286 posts, read
16,268,306 times
Reputation: 10076
Check into insurance costs before signing. You might be in for an unpleasant surprise.
08-28-2012, 12:23 PM
Location: Pembroke Pines, FL
388 posts, read
294,907 times
Reputation: 83
And if a townhouse then you will need to deal with associate fees and a pretty high property tax.
08-28-2012, 01:52 PM
Status:
"Back in Milwaukee!"
(set 16 days ago)
Location: South Florida
1,105 posts, read
464,165 times
Reputation: 586
Quote:
Originally Posted by
harry chickpea
Check into insurance costs before signing. You might be in for an unpleasant surprise.
Agreed!
08-28-2012, 03:05 PM
Location: Port St Lucie Florida
862 posts, read
326,698 times
Reputation: 181
That is what I thought but someone that lives here was trying to convince me not to buy in Port St Lucie
08-29-2012, 07:58 AM
Location: Broward County, Florida
99 posts, read
124,019 times
Reputation: 38
Honestly, when it comes to choosing where to buy, no matter how much you trust the opinion of another person, it really comes down to you. And you have to go see an area, drive and walk an area to really know, if it suits you. Buying in Port St. Lucie might be a good idea for you, buying in Broward may good too. But only you will know.
08-30-2012, 08:29 AM
20 posts, read
7,744 times
Reputation: 31
NOT a house. A condo yes or possibly a townhouse
09-07-2012, 02:16 PM
Location: Ft Lauderdale
344 posts, read
339,240 times
Reputation: 78
Quote:
Originally Posted by
cfbs2691
Agreed!
Everyone I know who owns a home has been appalled by the runup of insurance costs over the past couple years.
As for OP's question, yes it is possible to find a SF home for $125,000 but (1) it will likely be in a marginal area and (2) it will probably need at least $25,000 or more worth of work to make it liveable/insurable.
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Mean house or condo value by units in structure by units in structure - 3 or 4 ($)
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Housing units in structures - 1, detached (%)
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