Speaking of real estate...

chuckpony · October 23rd, 2005, 02:48 PM

I always think it is interesting that in different areas you can so much more or less for your buck.

What kind of home can you get in your area for $250,000? $500,000?
How about $1 Million?

$250,000

$500,000

$1,000,000

Fonzarelli23 · October 24th, 2005, 11:41 AM

Cool thread idea. My boyfriend and I are currently looking for something new too! Plus I like seeing the different architecture/what you can get for your money in other geographic locations.

$250,000

$600,000

$1,000,000

$2,000,000

Tiara · October 24th, 2005, 11:47 AM

My bf's just bought a 3 bedroom terrace from one of his friends, he got a discount on it too so it was £89,000 Bargain!!!

pookiebear · October 25th, 2005, 11:03 AM

There's a cool show on HGTV called "What You Get for the Money". It takes a particular price point and then showcases three homes in different parts of the country which sold for around that same price point.

It's really interesting to compare the state of the markets in different areas.

October 25th, 2005, 11:14 AM

These are from my zip code.
$1, 395, 000

$1,100,000

$749,000

This is the cheapest single family unit I could find in my zip code:
$659,000

DisruptiveHair · October 25th, 2005, 11:15 AM

Quote:

Originally Posted by ReinaBikipatra

These are from my zip code.
$1, 395, 000

$1,100,000

$749,000

This is the cheapest single family unit I could find in my zip code:
$659,000

Jeeebus!!!!

I didn't know DC was so expensive!

October 25th, 2005, 11:20 AM

Quote:

Originally Posted by disruptivehair

Jeeebus!!!!

I didn't know DC was so expensive!

Oh, yeah. One of the houses I showed was way ugly too! You can get an efficiency condo for right at 300k. In an old building though. If you go into the more ghetto areas that are just now being gentrified you can get houses for 350k. You have to wait a few years for the neighborhood to come to you. The area around Howard Hospital is hot right now. Still very poor and drug-infested (officially protected as a "historic slum") but coming up. Smart people are buying and hoping to flip in a few years.

DisruptiveHair · October 25th, 2005, 11:22 AM

Quote:

Originally Posted by ReinaBikipatra

Oh, yeah. One of the houses I showed was way ugly too! You can get an efficiency condo for right at 300k. In an old building though. If you go into the more ghetto areas that are just now being gentrified you can get houses for 350k. You have to wait a few years for the neighborhood to come to you. The area around Howard Hospital is hot right now. Still very poor and drug-infested (officially protected as a "historic slum") but coming up. Smart people are buying and hoping to flip in a few years.

Geez. We had thought about going to DC but didn't research it much. I'm glad we didn't!

October 25th, 2005, 11:26 AM

Quote:

Originally Posted by disruptivehair

Geez. We had thought about going to DC but didn't research it much. I'm glad we didn't!

Well, I live on the Hill. The Hill can't get any bigger so they charge what they want. Over 400,000 people a day come into DC to work who do NOT live in the District. Many are lobbyists or others doing business from out of town. The rest live in Maryland or Virginia. The prices are much better out there. My husband works with men who drive from BALTIMORE every morning. Insanity!

DisruptiveHair · October 25th, 2005, 11:27 AM

Quote:

Originally Posted by ReinaBikipatra

Well, I live on the Hill. The Hill can't get any bigger so they charge what they want. Over 400,000 people a day come into DC to work who do NOT live in the District. Many are lobbyists or others doing business from out of town. The rest live in Maryland or Virginia. The prices are much better out there. My husband works with men who drive from BALTIMORE every morning. Insanity!

GEEZ...isn't Baltimore an hour away or something like that?

October 25th, 2005, 11:31 AM

Quote:

Originally Posted by disruptivehair

GEEZ...isn't Baltimore an hour away or something like that?

No, it is more than that-especially in morning traffic.

UndercoverGator · October 25th, 2005, 11:33 AM

$350K townhouses at about 1600 square foot with no extras and no yards. $250K doesn't exist in this area.

This one is $750K and very much like my home, sits on one acre, four bedrooms, two baths.

$1M15K - sits on one acre and is pretty typical of the million dollar range here. It has four bedrooms and two baths.

DisruptiveHair · October 25th, 2005, 11:34 AM

Quote:

Originally Posted by ReinaBikipatra

No, it is more than that-especially in morning traffic.

That's just insane!

UndercoverGator · October 25th, 2005, 11:35 AM

Quote:

Originally Posted by ReinaBikipatra

Well, I live on the Hill. The Hill can't get any bigger so they charge what they want. Over 400,000 people a day come into DC to work who do NOT live in the District. Many are lobbyists or others doing business from out of town. The rest live in Maryland or Virginia. The prices are much better out there. My husband works with men who drive from BALTIMORE every morning. Insanity!

I know people who drive from West Virginia and Pennsylvania every day. We live 60 miles outside of DC and the hubby takes the train in daily. Once upon a time I could drive into the city is just over an hour, now with the traffic it can take as long as 3 hours.

PlasticGirl · October 25th, 2005, 01:16 PM

This one is R6million = $900 000 Located in Camps Bay in Cape Town

This one is R9.5million = $144 000 Located in Camps Bay