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$ 350,000,I think the best values are in the USA!!
Please tell more folks about living in Hawaii. I have a 2,500 sq ft single story home less than a block from a famous surf beach
in the town of Hilo. Pretty much crime free place.
Plenty of cool homes for 500.000!
Wow I feel lucky to live in London, Canada as $500,000 would buy you one heck of a house - at the very least a brand new 4 bedroom, 3 bath, all brick exterior 2 storey of 3000+ sq.ft. with a double car garage and it'll be in a really nice area. Sounds like home prices are very inflated in the major cities in the U.S. The average price of a home in this city of 490,000 people is $234,000.
Here you could still buy 'starter homes' (3 bedroom bungalow around 30 years old) for under $200000 last year. Now they'd be at least 5% cheaper.
Obviously it's all about location, location, location. I've lived in Houston, LA, Chicago, NYC...been from coast to coast, border to border so many times throughout my life I can't count anymore and I will tell you this...you'd have to pay me a a couple of million a year to even consider living in any of those areas. I couldn't fathom paying over $3,000/mo for a one bedroom apartment with less than 1,000 square foot for a view of concrete, concrete, and more concrete. You could be living in a thousand other places in a 5,000 square foot + new home overlooking mountain ranges, lakes, the ocean, et al for that amount of money. Most of us are gonna be buried in a concrete vault when we kick off, so tell ya what, I'd have to be in a coma to live in any inner city. You couldn't pay me enough to spend hours of my life every day in a hunk of man-made metal with four rubber tires fighting traffic commuting to work, catching the bus, train, cab, etc so I can live like a rat in concrete. What a boring drag. With the money you save, you could fly to NY for a broadway show every weekend from almost anywhere and leave the rates behind when you're done :)
I live in the North dallas area and I have a 2400 ranch style home, 4 bedroom 3 full bath in ground pool for 150,000.00 so I would believe that 500,000.00 would buy you a mini mansion.
I'm from southern california currently residing in Mesa, AZ. 500K out here gets you a house less than 10yrs old in a gated community with 30 ft ceilings, granite counter tops, 3 car garage with a pool on a golf course. It was my wifes idea to move out here from the beach. I was paying 3.25K per mo. on a 1000sq. ft. home 1 mile from the beach.
Now, I pay 1.75K on a 2800sq. ft 4-bedroom house on an acre lot in one of the best areas of the valley. (15 min from the lake
The amount of house you can get in AZ will soften the sting once you have decided to be a desert fish.
Do I sound happy..? Really, it's a good move...really.
I live in Seattle and 500k gets a decent home. But like Mike said,...its going to depend on the neighborhood. Most of Seattle is a "good" neighboring though....I can say that non biased and honestly. Its also easy to say that $500k is the starting point for anything "decent" in Seattle. It goes up from there!