What kind of house can you buy for 600,000 in your area (better, places)

[bearsmiths]

600k in Chicago can get you a nice crib in a good part of town. Easily the most affordable urban city along with Philly

[ckhthankgod]

City proper: https://www.realtor.com/realestatean...3_M41267-52531

Exurb to the north: https://www.realtor.com/realestatean...9_M96960-24813

Outer ring suburb to the east: https://www.realtor.com/realestatean...4_M30377-22892

You honestly do not have to go that high to find a big house in the area...

For those going the condo route, prices don't go that high: https://www.realtor.com/realestatean...25000?view=map

Same with Townhomes: https://www.realtor.com/realestatean...25000?view=map

[GraniteStater]

For Floyd County, IN (Louisville Metro area) you can buy a larger sized house with acreage:

https://www.zillow.com/homedetails/7...04221577_zpid/

https://www.zillow.com/homedetails/8...68439318_zpid/

https://www.zillow.com/homedetails/8...14169918_zpid/

https://www.zillow.com/homedetails/2...85242381_zpid/

[Gaylord_Focker]

Originally Posted by Gantz

Because what he posted was a co-op, not a traditional condo unit. That is you pay $600K for the right to live there and be subject to the rules of the board, not to own it outright and do almost whatever you want. Co-ops have much higher HOA fees, but are cheaper than condos or houses.

Everything I look at in Chicago and NYC must be co-ops then because I commonly see that amount and above.

[Gantz]

Originally Posted by Gaylord_Focker

Everything I look at in Chicago and NYC must be co-ops then because I commonly see that amount and above.

It should say what kind of unit type, co-op or condo.

[waronxmas]

Originally Posted by Gaylord_Focker

Not my area and I know most will consider this pricey, but Alpharetta, Georgia, 575k:

https://www.redfin.com/GA/Alpharetta.../home/24278734

I like this house a lot.

Yeah, but then you'd have to live in Alpharetta. Lol. Seriously though, that's actually pretty cheap for that area and I'm guessing it has some serious issues.

[GeoffD]

In my neighborhood, $600k is a 1,600 to 2,000 sf older cape on 1/4 acre where the house doesn't need major remodeling.

[mwj119]

Originally Posted by woxyroxme

When my uncle died recently my 3 cousins sold the house for $875,000 last year and now Zillow estimated it at over $1million. The house is in Melrose MA, which is a very expensive area.

What's sad is that Melrose is probably not amongst the 50 most expensive towns in Eastern Massachusetts. I'd be surprised if there is a liveable house at <$650k, though the market craze has shifted a bit outward toward 495.

In the more upscale parts of Illinois, you can still get a nice home at that price, though updates should be expected.

Here is Glenview: https://www.realtor.com/realestatean...5_M91323-32105

[Gaylord_Focker]

Originally Posted by mwj119

What's sad is that Melrose is probably not amongst the 50 most expensive towns in Eastern Massachusetts. I'd be surprised if there is a liveable house at <$650k, though the market craze has shifted a bit outward toward 495.

In the more upscale parts of Illinois, you can still get a nice home at that price, though updates should be expected.

Here is Glenview: https://www.realtor.com/realestatean...5_M91323-32105

I've found greatness in Naperville and decent in Lincoln Park for 600k. Boston seems to be pricier than NYC metro.

[Hemlock140]

There might be an older fixer condo, if you look hard enough. Our median home is now $1.3 million. I just did a quick search, and we don't have that many condos anyway, but only a few for sale. The cheapest I found today was $790k.