What does $100,000 get you?

posted 3 years ago in Home
Post # 2
Member
3394 posts
Sugar bee

Part of a down payment.

Post # 3
Member
184 posts
Blushing bee
  • Wedding: September 2015

It gets you a lot to build on, about 7000 square feet . Canada, near Montreal

Post # 4
Member
839 posts
Busy bee

Absolutely nothing. 

Maybe some groceries or something  

I live in Manhattan. 

Post # 5
Member
3446 posts
Sugar bee

3 bedrooms, 2 baths in a part of town where a women shouldn’t be out alone (at any time of the day).

SabL22 :  Milwaukee

Post # 6
Member
3020 posts
Sugar bee
  • Wedding: September 2008

Half of a down payment! 

Post # 7
Member
154 posts
Blushing bee
  • Wedding: November 2016

A couple parking spots. 

 

Major city, western Canada

Post # 8
Member
2399 posts
Buzzing bee
  • Wedding: October 2016

Older. Smaller. Not a great part of town. But, not terrible, either. 

Missouri

Post # 9
Member
152 posts
Blushing bee
  • Wedding: June 2017

In my part of Australia, thats not even your deposit…

Post # 10
Member
183 posts
Blushing bee

You could own 3 bed 2 bath average around 1500-1800 sq ft, on an acre of land. (Not brand new) Ga. It is a sub/rural area nice to live in. 

 Wow after reading some of these answers I’m even happier to live here…

Post # 11
Member
1663 posts
Bumble bee
  • Wedding: April 2017

No properties are under $100K here (Auckland, New Zealand). Even a tiny apartment would start at about 200K.

The average house price here is $1 million and you need a 20% cash deposit to get the loan. Home ownership is at an all-time low here because of this.

We live in a 3 bedroomed, 1 bathroomed cottage with a small garden and no garage and to buy it would set us back about 800K (USD$566,400). It’s BARELY big enough/warm enough/nice enough to have a baby in. It’s tiny too – under 300sqft).

We worked out that we’d need $160K for the deposit on a house like ours and since we could only comfortably afford to save about 1K a month it’d take us 13 years to save the DEPOSIT. 

Shit’s bleek here hahahahaha.

We plan on leaving Auckland in the next few years. 

Post # 12
Member
3303 posts
Sugar bee

House?  We can’t even get 1/4 of an acre for that here (Australia).

Looking at around $400k minimum for a tiny unit in my area and no yard *cries*

Post # 13
Member
3224 posts
Sugar bee
  • Wedding: May 2015

Something old – 2 bedrooms, 1 bath that needs a ton of updating and is in a very scary part of town. City in NC. 

Post # 14
Member
256 posts
Helper bee
  • Wedding: June 2014

Nothing. College town in Michigan. Maybe a lot?

Post # 15
Member
9042 posts
Buzzing Beekeeper

Another Aussie bee here to say that would be a deposit where I am.

You can buy for $100,000 in some places but they would be in regional/remote places with little job options and little infrastructure/community facilaties.

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