- 7 years ago
- Wedding: April 2014
This thread is fascinating! There are some beeeeeautiful houses here, I really wish it were simple to move to the US, like really realllllllly!!
I don’t know what’s happened to the exchange rate, but xe.com is showing $200,000 as around £120,000 GBP. It won’t get you anything near as fancy where we live, and we don’t live in a particularly expensive area.
This is probably in the nicest area of tha price range, a small market town close to the beach and with a good nightlife and schools. It’s a one bedroom flat, kind of right next to the job centre :/
Or you could get this 3 bedroomed.. thing? that is on top of a Subway store!!!
Not so good!!!
Where I am in the UK, £120,000 would get you a one bedroom bungalow, or a top-end mobile home, both over a mile out of town.
I do live a particularly affluent area (sadly, I’m not particularly affluent myself!), but the house prices in my town are crazy. Even £200,000 wil only get you a one bed flat or a two bed ‘park home’ (like a mobile home, just… sturdier).
$200,000 would get you nothing in Toronto! If you’re looking in the suburbs/outside of the city, $200k would probably get you a small 1-bedroom condo…
200k in tjis city would result in a shitty apartment in the ghetto
In the suburb I live in I can’t find anything over $180. It’s a very working class, blue color suburb. The houses are small and old, and I have no problem with that. In the surrounding subarbs (further from Milwaukee) you can find much more exciting properties, that would get you closer, and well above $200,000.
This one has a nice yard and is in a very wooded area. for $199.
If I had $225,000 to spend I would buy this. It’s been on the market forever. I used to walk by it all the time and swoon. 3 beds, I full bath, less than a quarter of an acre.
Our area is a mix of historic miner’s cabins, a few big old houses and some newer developments. $200k is somewhere in the crazy middle of all that. You could buy 3-5 acres of mountain view property/farmland and develop it yourself, you could buy one of the old miner’s cabins for $110k and sink the other $90k into gutting it and starting fresh with the foundations and frame, you could be most of the way to a townhouse in the latest subdivision, you could buy an old closed-down candy store on the edge of the shopping district… Quite a number of options, really!
A crappy one bedroom flat lol
In Oakland County, Michigan it will get you a ~1000 sq. ft. 3 BR/1 or 2 BA house (possibly with a basement) in a decent area, but not the best areas. It’s frustrating to us because a friend just bought a house in Greenville, SC that is nearly twice that size, with a pool, for less than $100k.
I live in a suburb just outside of Toronto and there is nothing you can buy here for $200,000!
It depends on how savvy you are. I could buy a lot more with $200K than a lot of people I know/work with, assuming it was cash/liquid assets, and not a bank loan or mortage, but I also grew up plying tax sales with my father.
My partner and I are looking to add a second house to our lot right now – our neighbors haven’t paid their taxes in years, and their lot is going on auction this year. We’re hoping to find a way to swing enough liquid funds to purchase it, since tax auctions won’t take anything but cash/cashier’s checks, and it’s hard to predict ahead of time how much they go for. If we can get it, our acreage will double.
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