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03-09-2005, 07:19 PM | #1 |
Moderator Emeritus Join Date: Feb 2004 Location: California
Posts: 1,149
| How Much Does a House Cost in your Area?? I live in the Bay Area, and a 3 bedroom/2 bathroom 2,100 square feet home can list at 700,000 and close at 850,000, depending on the area, and sometimes upwards of a million. This makes it virtually impossible to buy a house unless you're willing to starve for the next 10 years. Where do you live and what does an average house cost in your area? |
Welcome Guest! | |
03-09-2005, 07:23 PM | #2 |
YT Addict Join Date: Feb 2005 Location: Indiana
Posts: 260
| For a really nice 3 br/2 bath home could cost 80,000 to 150,000 and I thought that was high....lol
__________________ Monica Tommy, Maddy and Angel |
03-09-2005, 07:55 PM | #3 |
Senior Yorkie Talker Join Date: Feb 2005 Location: San Jose, CA
Posts: 205
| Average house price for a 3br house is in the upper 500,000's. |
03-09-2005, 07:57 PM | #4 |
Stewie Rox the Sox Donating Member Join Date: Feb 2005 Location: Chicago
Posts: 6,306
| 3BR house in Chicago is upwards of $300,000 for a decent one (like the one I'm sitting in now ) without a finished basement and one bathroom.
__________________ Kristy & Stewie |
03-09-2005, 08:05 PM | #5 |
Yorkie Talker Join Date: Mar 2005 Location: Mesa,AZ
Posts: 10
| Mesa, AZ A nice house here can still be found for $150,000 - 3 bed 2 bath. Good place to find a job..good employement, and good weather. Also a good place to retire ( if you are in that age). |
03-09-2005, 08:42 PM | #6 |
YT Addict Join Date: Jan 2005 Location: Upstate S.C.
Posts: 309
| Upstate South Carolina....... My husband is a residential builder.....most of the "spec" homes he builds are 3 BR 2 bath.......1,700+ sq foot.......nice....hardwood floors....tile floors in bath.....whirlpool tub...master suite.....LARGE CLOSETS......oak cabinets.....double garage.....3/4 acre lot. For the area they are considered 'moderate' homes...not too fancy...not to small/plain. They sells constantly for $125,000 to 129,000 |
03-09-2005, 08:50 PM | #7 |
YT 6000 Club Member Join Date: Nov 2003 Location: Seattle, WA
Posts: 6,238
| Yikes, and I thought Seattle was bad! In the city, a 3 bedroom will probably start at around 350k and go up depending on neighborhood. Housing prices are insane, I don't see how an average single person can afford one! I guess that explains condos and apartments popping up seemingly everywhere there's empty land these days! |
03-09-2005, 09:22 PM | #8 | |
Moderator Emeritus Join Date: Feb 2004 Location: California
Posts: 1,149
| Quote:
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03-09-2005, 09:27 PM | #9 |
Moderator Emeritus Join Date: Feb 2004 Location: California
Posts: 1,149
| Check this out. This is an example of the ridiculousness I'm talking about in the Bay Area, and this house isn't even that great. They're asking $810,000. http://grubbco.mlsb.com/mls/property...nding=1&list=1 Last edited by Junebug; 03-09-2005 at 09:29 PM. |
03-10-2005, 02:30 AM | #10 |
Yorkie Talker Join Date: Mar 2005 Location: Cadiz, Spain.
Posts: 17
| Well I know this isn't the US but here in Cadiz the prices are also sky high. Cadiz, capital is basically a small island. The entire west coast of it is all beach (some 4-5 kms). If you wish to purchase a flat here, a small 2 bedroom will go for around $480 000 USD. This would be for one about 70 sq. metres or roughly 750 sq. feet with an ocean view and right in front of the beach "Pimera Linea". For a 3-4 bedroom is way too much. I live in what they call here "Segunda Linea" which the next parallel street to the ocean, in a 3 bedroom 120 sq. metre = 1300 sq. feet. This for the same price as the one I previously mentioned and only 150 metres from the beach. Prices are getting ridiculous here, the Spanish wages are rather low but since there is a high demand from the English, German, including alot of rich people from Madrid and Barcelona... and on this Island there is no space left for building you get what there is. On the good side I don't see much violence and the people are really friendly. |
03-10-2005, 04:04 AM | #11 |
YT 500 Club Member Join Date: Nov 2004 Location: Maryland
Posts: 861
| I'm in the DC area, and it isn't much better out here. I'm a recent college grad that just turned 24 and the thought of trying to buy a home in the next year is so scares me to death! I actually live in Maryland, but when a lot of people talk about the DC metropolitan area, it consists of Maryland, DC, and Virginia. I know where I live some older townhouses can be found in the mid 200,000's. But for new ones it would be in the 300,000's. No decent house for less than 300,000. Northern Virginia is even worse, like in Arlington and Alexandria. I think most houses out there are in the 700,000 to 800,000 range! It's so crazy. When I hear about how much less houses are in other areas, it makes me want to move. But then I wonder what I'd do in terms of a job. I'm not one of those people that always knew what I wanted to do when I grew up. I just kinda fell into my job. I like it, but I have no idea what it would equate to in another area. Oh well!! By the way, good idea for a thread, it's neat to hear what it's like everywhere else!
__________________ Brandi, Hercules, & Athena |
03-10-2005, 04:45 AM | #12 |
The Royal Mommy Donating Member Join Date: Dec 2004 Location: California
Posts: 2,010
| We thought about buying a house when we moved here (husband is Air Force) but oh. my. God. -- it is crazy. Around $500k for the three - four bedrooms we considered decent - and that's on the low side of decent. So, we're staying in base housing
__________________ (`'·.¸(`'·.¸ ¸.·'´)¸.·'´) «´¨ `·.¸¸.*Aimée, Sandy, and Tia*.¸¸.·´¨`» (¸.·'´(¸.·'´ `'·.¸)`'·.¸) |
03-10-2005, 04:57 AM | #13 |
Donating Yorkie Yakker Join Date: Feb 2005 Location: Florida
Posts: 270
| southwest florida The house prices here have doubled since we built our house 3 years ago. We paid 101,000 for a 3 bd 2 bth 2 car garage 1900 sq ft and now our house is worth close to 200,000. you can get a decent house here for around 180,000. |
03-10-2005, 05:43 AM | #14 |
Senior Yorkie Talker Join Date: Jan 2005 Location: Columbus, Ohio
Posts: 191
| We live in a suburb of Columbus Ohio (right in the heart of the midwest, folks!) and our house is 5 years old, it's a 3 bedroom, 2 1/2 bath, 2,200 sf and we paid $203,000 for it. It's in a golf course community, but not on a hole. We went to California on our honeymoon and were completely amazed at housing prices there! Someone told us they do 100 year mortgages out there which is how people can afford their homes!
__________________ Julie |
03-10-2005, 06:02 AM | #15 |
YT Addict Join Date: Oct 2004
Posts: 373
| I'm in Rio Rancho NM outside Albuquerque. We're not near the mountains, but I have mountain view in the distance. 2700+ SF 5 bdrm, 3 bath is $260K - $300K. We are cheaper than in Albuquerque by a bit. My house over near the mountain would be over $700K. |
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