What kind of home will $500,000 buy you in your area?

I wanted to see what kind of house half a million dollars will buy in the area where you live? I'm curious to see if you think that price will buy you a modest middle class home or something much bigger.

No need to list the exact town but a general area would suffice. I'll start by posting a few homes in my town which is a suburb roughly 30 miles west of Chicago. It doesn't have to be exact but around 500K will do.

So if you can, post a photo and the listing price. You can get it off of redfin or any other real estate site.
Plus I just like looking at real estate

Listed at $524,000

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Listed at $500,000

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Listed at $509,000

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Is this aurora? That last house looks like my cousin's.
 
Exactly what happened to my area in the Pacific Northwest.

Was helping a friend look at some places after he retired out of the military and when I was looking online, a lot of the places he was looking at around the 250k mark were closing at 280-290k.

Many of the local small businesses are being bought out as well by Chinese.

I have no problem with immigrants buying properties or businesses of course, but it's really startling over the course of the last year how much has been bought up.

What exactly is the strategy for the Chinese in doing this?

The very wealthy in China are doing it to hide their money from the government. Every once in a while, they are busted for being corrupt and the government likes to make a show out of taxing them a ton to signal to the citizens that they are on the people’s side. But the wealthy get fair warning, so they just buy houses over here to hide their money.
 
A balling ass house and a balling ass car to park in the driveway.
 
For $500,000 you’d be getting close to buying my place. A 1200sf condo built in the 70’s in the suburbs.
 
500k you can get a small ranch style home with new kitchen and baths maybe 2000 sq feet with 3 bedrooms and 1.5 baths. Or a cape style with 4 bedrooms and 2 baths that needs to be renovated.
 
lol... Not really but ok. I was actually legitimately curious about what it buys you after he is telling me it's middle class. I wanted proof to substantiate either one of our arguments.

And I though it was a cool thread idea... Now post your apartment complex



I'd say 500k is middle/upper middle class where we live dude. Property taxes make it another story tho as they're ridiculous in Illinois.
 
Where I'm going to be moving next week?

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For comparison, this one is listed at $760,000

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To be honest though, a single family home in a good area in the city of Chicago isn't much cheaper



Yeah, you dun goofed bud lol


Shoulda just moved to the western burbs like the rest of us.


In all seriousness I would like to head over to Arizona at some point in life. Dig it there, and there are a lot of Illinois transplants out that way as is.
 
Not much....
$469,900 | Huntington, NY 11743 * compare Compare
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The median house price in my city is above one million dollars.
Yes I’m screwed when it comes to purchasing a house.
 
I wanted to see what kind of house half a million dollars will buy in the area where you live? I'm curious to see if you think that price will buy you a modest middle class home or something much bigger.

No need to list the exact town but a general area would suffice. I'll start by posting a few homes in my town which is a suburb roughly 30 miles west of Chicago. It doesn't have to be exact but around 500K will do.

So if you can, post a photo and the listing price. You can get it off of redfin or any other real estate site.
Plus I just like looking at real estate

Listed at $524,000

genMid.09914824_H.jpg



Listed at $500,000

genMid.09918747_0.jpg


Listed at $509,000

genMid.09922714_1.jpg

Hard to say. 10 minute drive from me.


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4667 Camden Pl,Mukilteo, WA 98275
4 beds3 baths2,261 sqft
Map
13

__ min
FOR SALE
$598,000
Zestimate®: $611,927

25 miles North of where I live.


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22802 19th Dr NE,Arlington, WA 98223

Map
13

__ min
FOR SALE
$569,950
Zestimate®: $584,612
 
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