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05-03-2010, 05:17 AM
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Location: Atlanta
7,738 posts, read 6,664,564 times
Reputation: 2774
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What tonygeorgia posted is NOT representative of many parts of Atlanta. What he showed was probably the most affordable part of the metro for new homes, for many reasons.
In my area (NE side, inside the I-285 perimeter) $200,000 would get you a decent condo, or a nice mid-century brick ranch (if you search hard).
Last edited by johnatl; 05-03-2010 at 05:38 AM..
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05-03-2010, 05:32 AM
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Location: Phoenix
896 posts, read 119,966 times
Reputation: 261
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In Phoenix you can buy two
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05-03-2010, 05:38 AM
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12,123 posts, read 6,258,016 times
Reputation: 6134
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The question we should be asking is what kind of house will 2.5 times the average annual wages buy.
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05-03-2010, 07:38 AM
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Location: Omaha, NE
1,048 posts, read 963,187 times
Reputation: 189
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NPDodge Omaha Nebraska Real Estate and Council Bluffs Iowa Real Estate (http://searchne.npdodge.com/index.cfm?action=listing_detail&property_id=210047 26 - broken link)
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05-03-2010, 11:08 AM
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Location: São Paulo
5,851 posts, read 5,342,267 times
Reputation: 3198
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When I searched for homes under $200k in my town of Scituate, MA the only result I got was 0.45 acres of undeveloped land.
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05-03-2010, 11:36 AM
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16,325 posts, read 9,401,312 times
Reputation: 4325
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Just one example - Fishtown
http://prufoxroach.com/propertyImages/tr/475/55904750.jpg (broken link)
199,900
2348 E Hazzard Street
Philadelphia, PA 19125-3132
Listing No: 5590475
Bed: 2
Bath: 1 full, 0 partial
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05-03-2010, 11:41 AM
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Location: MN
3,697 posts, read 3,405,891 times
Reputation: 1527
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This is going to be skewed as home prices are dramatically low right now.
In Twin Cities burbs you can buy a $200,000 that is BALLER
Disgusted by those prices in California. Stayed in a house there in SD last summer where if it was in Minnesota it wouldn't be anything special, maybe a nicer- $350,000 home, but there it was listed at $1.2 million with a 1/8th acre lot. BLOWS MY MIND again,!! lol.
Have a cousin paying $1600/mo for a condo with 2 tiny rooms and 2 tiny bathrooms and that's about it. He is however 5 blocks from the beach, but still. $1600/mo mortgage in MN gets you into a very nice house. With a yard. With privacy. With nice schools and nice roads and no crime.
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05-03-2010, 11:46 AM
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6,047 posts, read 4,458,021 times
Reputation: 2127
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05-03-2010, 02:43 PM
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Location: Syracuse
21,876 posts, read 22,621,264 times
Reputation: 4340
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You can buy something nice from something in an urban old money neighborhood to even some newer homes in the suburbs. I'll put it this way, if your range is 150k, you can find something nice in any school district or town in the area. This includes generally affluent school districts like Fayetteville-Manlius, Skaneateles, Westhill and Jamesville-DeWitt.
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05-03-2010, 02:50 PM
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Location: Boston
1,127 posts, read 2,150,973 times
Reputation: 431
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supply and demand......
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