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For $200,000, a lakeside home. Great schools, too.
Single Family Home - 6125 Harbor View, Greensboro, NC, 27410 - Realtor.com (http://www.realtor.com/search/listingdetail.aspx?ctid=28418&mnp=22&mxp=20&bd=4&t yp=5&sid=5c10aac6079645b18a88bde991d3e87f&lid=1101 166135&lsn=1&srcnt=1#Detail - broken link)
For $209,900, four bedrooms, great schools.
Single Family Home - 4805 Hickory Woods, Greensboro, NC, 27410 - Realtor.com (http://www.realtor.com/search/listingdetail.aspx?ctid=28418&mnp=22&mxp=21&bd=4&b th=4&typ=5&sid=ed9545acad3442e9ba9dac7ad7e80b1f&sd ir=1&sby=2&pg=3&lid=1101365380&lsn=22&srcnt=85#Det ail - broken link)
For $219,900, four bedrooms, over an acre and a half.
Single Family Home - 5010 Wiley Park Drive, Greensboro, NC, 27407 - Realtor.com (http://www.realtor.com/search/listingdetail.aspx?ctid=28418&mnp=22&mxp=21&bd=4&b th=4&typ=5&sid=ed9545acad3442e9ba9dac7ad7e80b1f&sd ir=0&sby=3&lid=1099701893&lsn=9&srcnt=85#Detail - broken link)
If you go to a couple smaller communities northwest of here, you get a little less for your money. Go to some other towns and counties in the Triad, you get a little more.
In Grants Pass, Oregon (4 hours from the nearest big city, Portland, and 4.5 hours from Sacramento) you can get either a nice new 3 bed, 2 bath, 1600 square foot house with no front yard:
And no backyard either:
OR you can get a HUGE 0.26 acre yard, but a small 2 bed, 1 bath older home:
I think it would be fun to show photos of what type of home $200,000 buys in your city. Just keep it casual and try not to fight. I think it will be interesting when we see what $200k buys in a expensive city vs. a less expensive city.
OK... I'll go first for my area.
In Orange County, you can get a 853 square foot home in Santa Ana, CA.
http://prucalimages.fnistools.com//Images/Listing/55002/Large/M109815_1.jpg (broken link)
Head a little farther north and you hit Los Angeles. List price is $179,000 and the home is in the Highland Park neighborhood. If sold, it will likely be reomodeled and could end up being worth $500k or more.
The realtor remarks crack me up: "REO! Bank Foreclosure! Cute cottage on a very nice corner lot ideally located in central Highland Park walking distance to schools & public transportation. Don't let the pictures scare you. A little paint (o.k. a lot of paint) goes a long way! Current art work included. Sold AS IS!"
http://ca.mlsalliance.com/resources/Images/large_images/CLAW/57/08-300257.jpg (broken link)
http://ca.mlsalliance.com/resources/Images/large_images/CLAW/57/08-300257b.jpg (broken link)
^^^ Don't want to overload you with pics, but the whole house looks like that.
So... that is $200k in my neck of the woods, what does $200k buy in your city???? Again, just some friendly sharing of how homes differ in this price range across America.
Amazingly, these places would all have been listed in the $350k range three years ago at the height of the housing bubble and before the market started crashing.
In Mahoning county, Ohio:
I found 208 listings in the $175,000 to $225,000 price range. I picked a few examples of the more interesting houses I found. But, most were just newer houses built within the last 30-40 years. (plenty of new construction for those who would be interested)
A big, 3 bedroom Victorian in Sebring, a far suburb of Youngstown.
... I don't think I've seen anything here in LA for $200,000
I did buy my house for a solid $300,000. It's in a great neighborhood near the city; it was sitting on the market for a long time. I was leery when I found out because that doesn't quite make sense, but apparently no one's buying much in Los Angeles.
But seeing j33's post makes me hurt a little inside I miss apartment buildings.
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