This brick multi-family home was built over a century ago but has gone through multiple renovations over that time. Theres even a finished basement with a fireplace. Its also situated close to Tuscany Trail, Prairie Trail Park and the University of Sioux Falls Sports Complex. The home sits on the largest lot in the neighborhood perfect for building a private pool. Do you want to republish our data visualizations and/or articles? The median listing on Realtor.com is a whopping $950,000. Ft.) 5. 1. If youre willing to go out to Staten Island, youll get more bang for your buck with this three-bedroom, 1,500-square foot property. Ft. ($101/Sq. This spacious mid-rise condo is a treat for anyone who appreciates the industrial look. 9 Red Flags to Watch Out for When Buying a New Home. Ft. ($532/Sq. Twenty acres of farmland? It is neither tax nor legal advice, is not intended to be relied upon as a forecast, research or investment advice, and is not a recommendation, offer or solicitation to buy or sell any securities or to adopt any investment strategy. Ft. ($315/Sq. $420,000. You can check out the small pubs and art galleries nearby, stroll around and admire the Victorian cottages or venture down to the Jazz Walk of Fame and Confetti Park. Check. The 2,780-square-foot property is located near multiple schools, grocers, coffee shops and restaurants. Ohhh, NBD, this 1798 house is on the National Register of Historic Places. Heres What $300,000 Will Buy You in Every State. Theres limitless potential with the large in-law suite and spacious backyard. Ft.) Well, this roomy 4,407-square-foot home in the Reed Cove neighborhood boasts seven bedrooms and four bathrooms. Heres What A $500K Home Looks Like In Each State, {{ tocState.toggleTocShowMore ? The number one reason to move to New Albany? Uptown Houston, with its massive shopping center and year-round ice rink, is under a half hours drive away. The newly renovated interior has hardwood flooring and granite countertops in the kitchen. For more space, youll have to venture out a bit. The city of Billings is also known for offering an urban lifestyle in the midst of natural wonders, such as the famous sandstone Rimrocks, and numerous historic sites. The house was built in 1979, but the exterior was redone in 2019. That $500,000 might not go far in some of the nation's real estate markets. For $500,000, this Chicago high-rise apartment is, Courtesy of Randolph Romano, Dream Town Realty, This home in Chicago's Dunning neighborhood is, Courtesy of Ewa Kalwajtys, American Realty Chicago, A look at what $500,000 could get you in current. Depending on where you live, that could score you a stunning mansion or multifamily investment property or you might be lucky to get a one-bedroom condo. Its even equipped with the latest smart home technologies, including smart locks, the Ring video doorbell, a smart garage door and a learning thermostat. Check out these 10 beautiful homes for sale under $500K right now: A bright and airy abode in South Lebanon, OH, Experts Reveal 22 Ways to Bring a Touch of Luxury Into Your Home, The 10 Most Beautiful Homes For Sale: Your Dream Home Awaits, Experts Reveal The Best Paint Colors for Selling a House in 2023, 33 Organizing Tips to Maintain a Tidy Home, 20 Transformative Tips to Make Your Home Feel More Elegant, 6 DIY Firepit Ideas To Spruce Up Any Backyard, What Are the Four Cs of Credit? The property includes a walk-out basement with a recreation and game room and a huge wet bar. It also sports hardwood floors, a kitchen with Corian counters and cherry cabinets and a fireplace in the family room. This multi-family home was built in the Somerville neighborhood over a century ago but has been updated with plenty of modern features. After all, the first rule of real estate is: location, location, location.. 2. Featuring modern upgrades and clean finishes throughout, the bright and open floor plan is perfect for entertaining. The inside features coffered and tray ceilings, arched doorways, and a stunning navy blue dining area. Ft. ($108/Sq. Compare the number of square feet you can buy for $500,000 in Cleveland with that of San Francisco, and it's a difference of 4,966 square feet! Its distinctive violet door and powder blue accents look as though they were plucked straight out of a fairy tale. For two lucky viewers, this years Super Bowl wont just mean bragging rights or a smorgasbord of finger foods and beer. These are the cheapest states to buy a house, based on housing cost ratios, which are calculated from the state's average monthly gross income and home costs. This 831 square-foot home has a wonderful backyard and includes a two-car garage. Oklahoma is prone to tornadoes, so the home includes a 12-person inground storm shelter and a Class 4, hail-resistant roof. The interior has a neutral, grey color scheme and an open floor plan and fits four beds and two and a half baths. Well, that depends on where those winners are located. If that sounds enticing, just remember that Seattle is one of the costliest cities to live in, especially for millennials, with a median listing price of $725,000. Oh, wait. If youre looking for a home with luxurious touches and a welcoming atmosphere, look no further. Patent pending. This cute five-bedroom in Dunning is an option. Read on to see how far you can get with $300,000 in every U.S. state. While in some areas you can still find reasonable prices for a home, other states and bigger cities have seen a boom in asking prices for homes. The seller mentions a total of five units but doesnt specify the number of bedrooms or bathrooms. Well leave it at that. The 1,230-square-foot property features three bedrooms, two bathrooms and a sizable, fenced backyard. At $495,000, it boasts two baths, nearly 2,000 square feet and a wood-burning fireplace. The ranking site Livability pointed to the citys affordability, low crime rate and quality health care systems and schools. Its located near Montana State University, Zimmerman Park and quite a few restaurants and shopping malls. This varies from state to state, of course$160,000 is the average home price in. Across the country, weve found an array of unique homes whether you like. Mississippi has some of the cheapest housing in the country, allowing you to live like royalty if youve got the dough. This site does not include all companies or products available within the market. The 12th-floor unit comes with a doorman, furnished roof deck and recently renovated bathroom. Homeownership is among the lowest in the country, with 60% of residents owning their homes. SmartFinancial compares quotes from over 200 insurance companies to check for discounts and help you find lower rates in your area. Oooh, a modern pad in the center of Chicago. You have to have owned and lived in the house for 2 out of the last 5 years ending on . With more than 6,000 square feet, it offers a gourmet chefs kitchen (plus an outdoor kitchen, too), a heated in-ground pool and a media room. Ft.) A Freddie Mac study found borrowers who get at least five offers save an average of $3,000 versus those who go with the very first rate they see. The Ritz condo is extremely close to the Equinox spa, Loews Theater, Boston Common and several universities, including the prestigious Tufts University. This 2,035-square-foot townhouse features three bedrooms, three and a half baths and modern finishes, with hardwood flooring and quartz countertops. Where are housing refugees from the Bay Area and Los Angeles going? Alabama: 4,762 Sq. This lovely townhouse in the heart of Denvers Capitol Hill is close to the major shopping district downtown and is walking distance to restaurants, schools, bars and parks. Well just live in this walk-in closet. Below are the states with lower-than-average home costs and median monthly housing costs under the 30% threshold. Grocers, restaurants and coffee shops are around two miles away, but Deer Creek Park and Deer Creek Elementary School are within walking distance. Yep, we think were gonna like it here. Its situated near some small parks, such as Binglewood and Freshmeadow, but also the 2,154-acre Bear Creek Pioneers Park. 1 state Americans are fleeing in United Van Lines' annual study of state-to-state moves. Ft.) The charm factor is high, with hardware flooring, exposed wood beams in the ceiling, skylights and a lovely patio, deck and playhouse in the backyard. (And a great red door.). and newly renovated kitchen. 4. When it comes to affording a home, its all about location. Please see our. The two-story home has five bedrooms, two and a half baths, multiple living spaces and a deck with a hot tub in the back. These variables can affect the overall cost of getting the house and make it unaffordable if you earn below $100,000. The products and services we review may not be right for your individual circumstances. Oooh, graniteandstainless-steel countertops? This grand 4,073-square-foot property provides privacy and open, green spaces. Think of all the pancakes with maple syrup youll eat. House #1 is a 1930s-era three-bedroom ranch in Ann Arbor, Michigan. We dont even care about the rest of the house. Whether you're simply browsing or looking to relocate to one of the most populous cities in the U.S., we've scoped out a home in the 25 biggest cities across the country with a listing price around $500,000. Better go sit in the hot tub. The nearby Henry W. Maier Festival Park hosts the annual Summerfest music festival and other cultural events. This compensation comes from two main sources. Ft. How Much Does A Home Security System Cost. With these real estate prices, its no wonder these states also lead the nation in consumer debt. One companys innovative approach makes farmland investing easier and more accessible. $489,000. For three years running, New Jersey has been the No. This sprawling 3,844-square-foot property in the suburban Ingersoll Park neighborhood is surrounded by schools and restaurants and lies just five minutes from the hubbub of downtown Des Moines. But once inside, its unlike typical craftsman homes. Ft. ($105/Sq. Its situated in the North Side Indianapolis neighborhood and is within walking distance of several shops and restaurants, as well as the Monon rail trail and the Bottleworks District. And, if you happen to be above the $500,000 threshold, you will pay taxes at the capital gains rate, which might be as high as 20 percent of the amount above $500,000 plus you may have to pay the. their dream homes. Ft.) If youre not a nature lover, bustling Center City is just a short drive or train ride away. Whether that falls into your budget or not, make sure to compare rates from different lenders before you settle on a mortgage. We make no representation or warranty of any kind, either express or implied, with respect to the data provided, the timeliness thereof, the results to be obtained by the use thereof or any other matter. Indiana: 4,630 Sq. Ft. ($98/Sq. Find the coverage you need at the most competitive rate in your area. Well, you can take a 20-minute walk down the Eastern Promenade Trail to get to the sandy East End Beach and admire the Casco Bay views. Idaho Falls, Idaho $200,000 Keller Williams Realty East Idaho / Via realtor.com Size: Four beds, two baths, 2,068 square feet. If we buy this home in the Boise foothills, can we keep the furniture? This condo places you within walking distance to the train station, museums, shops, restaurants, hospitals and schools, such as the Rhode Island School of Design and Brown University. Ahead, we rounded up a sampling of properties listed between $500,000 and $600,000 across the United States. It has four bedrooms and three baths, and the garage fits two cars. Apartment amenities include a rooftop pool and deck with grill, a fitness center and a party room. This historic two-bedroom apartment in Society Hill is an option. The 2,570-square-foot property was built in 1910 and includes six beds and two and a half baths. The perfect place to gaze at the mountains and dream about where to buy your next house. The spacious home features a huge balcony, an open floor plan with vaulted ceilings, three bedrooms and two and a half bathrooms (with a marble walk-in shower). Location is a plus, for the most part. This article is for informational purposes only, and is not a substitute for professional advice from a medical provider, licensed attorney, financial advisor, or tax professional. Its also minutes away from several schools and the University of Maryland Medical Center in downtown Maryland. On the Northwest side of town, $500,000 (well, actually $490,000) can get you a five-bedroom, 3.5-bath property complete with a wrap-around porch, original hardwood floors (from 1925!) It has four bedrooms, three bathrooms and one half-bath and features a partially finished basement, a large sunroom and a stone patio with a stone fireplace and grill. Theres a reason this 2,993-square-foot property with a heated swimming pool, outdoor kitchen and TV, putting green and spa is so gorgeous and elaborate. Eliminate Clutter with These Cheap Garage Organization Tips, How Many Boxes Do I Need to Move? Lets say youve got a good credit score, nailed down a record-low interest rate and determined you can buy a property worth $500,000. Wyoming is the least populated U.S. state Cheyenne, its capital and biggest city, has a population of just over 64,000 but tourists flock here for a reason. This sophisticated Victorian-style townhome in the Upper Roxborough Historic District fits four bedrooms and two full and two half bathrooms. This stunning Houston retreat offers true modern luxury with beautiful finishes throughout the home, tall vaulted ceilings, and plenty of windows. You wont need to travel far for restaurants, grocers or coffee shops. A space on the first floor was once used as a veterinary clinic and a dentist's office, so youve even got income potential if you run your own small business or side gig. But when its this cute, who cares? What else can you buy around the country with $500K? Dont miss the open-air concerts at the Algiers Ferry Landing, either. This Ashland home has serious curb appeal. 2 Beds, 1.75 Baths, 1,415 Sq. But are you sure youre not paying too much for home insurance? turn-of-the-century house in Philadelphia. Georgias capital has a diverse economy and a bustling nightlife, and while home prices are on the rise, the cost of living is still below the national average. Best of all, this home is listed well under $500K. Ft.) Top 5 States with the Least Real Estate Purchased with $500,000 1. Arkansas: 4,950 Sq. The Federal-style building is located in the harborside Locust Point neighborhood, surrounded by several seafood restaurants, bars and taverns. Heres Whats Wrong and How to Fix It. Courtesy of Steve Kazoleas, Ben Bay Realty Co. See more homes for sale in Delran, NJ under $500K. I agree to receive the Forbes Home newsletter via e-mail. While we work hard to provide accurate and up to date information that we think you will find relevant, Forbes Home does not and cannot guarantee that any information provided is complete and makes no representations or warranties in connection thereto, nor to the accuracy or applicability thereof. For state and local governments, property taxes are necessary to function. For $500,000, you could get this turn-of-the-century house in Philadelphia. READ REDFINS FAIR HOUSING POLICY. Hospitals are less than 10 minutes away, and Kansas City houses several professional theaters and museums, such as the Nelson-Atkins Museum of Art and the National World War I Museum. Mississippi: 5,208 Sq. This 2,994-square-foot home backs onto the woods and includes four bedrooms, three and a half baths and a two-car garage. The property was custom-built in 2009 and features four bedrooms, four and a half bathrooms, two living areas, an office/flex space and a bonus room.. 2023 Forbes Media LLC. A house in the Elk Grove suburb of Sacramento priced at nearly $500,000. Thanks to a new contest launched by online lender Rocket Mortgage, it could mean their dream home as well. The 2,964-square-foot property includes three bedrooms and two bathrooms, with hardwood flooring and a gas fireplace. The housing market has performed well in recent quarters, with the average rate on 30-year loans rising to 3.36% from 3.29%, making it the lowest level in 50 years. The affluent Chantilly neighborhood is secluded away from the rest of the city consisting of single-family homes and a small park but is still close to the shopping districts and nightlife that surrounding neighborhoods have to offer. To live like royalty if youve got the dough $ 500K viewers, this Super... When Buying a New contest launched by online lender Rocket mortgage, it boasts two,... Affect the overall cost of getting the house and make it unaffordable if you below. 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