(Closed) Spinoff – what home will $200,000 buy you where you live?

posted 6 years ago in Home
Post # 197
Member
1612 posts
Bumble bee
  • Wedding: November 2014

@priyawouldntwannabeya:   Not much. I sold a piece of land for almost that 2 years ago.  Land near me now is over 200 000.

 

Post # 198
Member
1729 posts
Bumble bee
  • Wedding: June 2014

I searched my zip code on Zillow and the pickings are quite slim for $200K. I was actually surprised that there is a 2 bedroom, 1 bath – 823 square feet – condo quite close to where I live. The interior pics show that some renovation would help a lot…

Post # 199
Member
1798 posts
Buzzing bee

@CorgiTales:  Wow, that’s awesome! I was still in HS in 2009, but I would always look at the new builds for sale in my area and wish I could buy one during that time! We’re hoping to possibly build a home of our own if we can find a small parcel of land in our area. It would be a lot cheaper than an existing home, and I want to be able to customize everything! 

Post # 200
Member
4820 posts
Honey bee
  • Wedding: June 2014

@priyawouldntwannabeya:  What an interesting thread!  I looked on Zillow and was astounded to find that 210,000 will go no further than a 2 bd/2.5 ba townhome,  1,598 sq. ft., 1 car gar.     A bit further away from me one can get a 3 bd, 1.5 ba detached home.   

Post # 201
Member
2155 posts
Buzzing bee
  • Wedding: July 2012

Where I live $200K would buy you a nice car to live out of.  

But really, in Vancouver BC there are none at all, but you could get a small little studio condo an hour away. 

Post # 202
Member
794 posts
Busy bee
  • Wedding: August 2015 - Backyard Forest

I live in a small town 2 hours from Toronto. Our town is a very popular area in the summer. 

We live in a nice area just off the highway.

We just bought our first home – listed at 209,000 we got it for 185,000

It has 2 acres, a large detached garage. The house is 1200ish sqft, one story, unfinished basement. It was extremely outdated with 3 bedrooms, 1 bathroom. Needs a new roof in the Spring.

We’ve put a lot of work into it in the month since we’ve gotten the keys, it could probably be listed at $220,000+ now. 

Post # 203
Member
1556 posts
Bumble bee
  • Wedding: May 2014

In the Heights area of Houston, TX $200k gets you a condo, or a very run-down 2br/1ba house in an area that is still rather rough. (I bought my 1920 bungalow in 2010 for $217k & it’s now going for $275k minimum, so YAY!)

In the suburbs of Houston, you can get more house for your buck, but we’re pretty adamant about staying inside the loop for the foreseeable future.

Post # 204
Member
2359 posts
Buzzing bee
  • Wedding: September 2012

In toronto – nothing

Post # 205
Member
1511 posts
Bumble bee
  • Wedding: April 2016

Folks are forgetting to post their locations!

 

ETA: Now what makes owning a home cost probibitive in Northern NJ are the ridiculous taxes! Highest tax rates in the nation. 

 

Post # 206
Member
838 posts
Busy bee
  • Wedding: August 2013

In Vancouver or anything remotely nearby – nothing. But it makes a 20% downpayment!

Post # 207
Member
103 posts
Blushing bee
  • Wedding: June 2014

I live in San Francisco, where the average home price is $1000/square feet. $200k won’t even get me a walk-in closet Cry. Most 1 bedroom apartments or studios start at $1M. I’m doomed to rent forever unless I move out of the city.

Post # 209
Member
688 posts
Busy bee
  • Wedding: July 2012

I live in Red Deer Alberta, $200,000 will get you nothing. Maybe an apartment, no houses. I just looked on realtor.ca and I couldn’t find anything.

Post # 210
Member
853 posts
Busy bee

In my city, nothing. In my country, a 2-3 bedroom house in a rural-type area with not a lot of land. Or maybe an outdated townhouse.

We’re currently looking to buy and a 3-bedroom, updated home in a nice neighbourhood with app. 1-2 lots of land, starts at about 4 million or 600,000-700,000 USD.

What’s worse is our salaries here are much lower than US salaries and the cost of living is much, much higher (a foreign-used 2008 Toyota Corolla is about $130,000 or app. $20,000 USD, for example), so it can be a real struggle if you don’t have a headstart.

Post # 211
Member
327 posts
Helper bee
  • Wedding: June 2014 - Excalibur

$200,000 will get you a 1700-2000+ sqft house.  It is rural but has subdivisions as well as houses with a lot of acreage.  $225,000 wil get you a 2000sqft new construction home. I miss having everything right across the street but it’s so quiet and you get a lot more house for your money. I grew up 30 min south and $200,000 would get you a sh

itty foreclosure in my mom’s neighborhood or a shack on the side of the road. 

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