With a spacious patio, open floor plan, and a home office, homeowners will never want to leave this Colorado abode! This 2,035-square-foot townhouse features three bedrooms, three and a half baths and modern finishes, with hardwood flooring and quartz countertops. Granite countertops? The city of Billings is also known for offering an urban lifestyle in the midst of natural wonders, such as the famous sandstone Rimrocks, and numerous historic sites. OK, its a condo. Ft. ($97/Sq. The newly renovated interior has hardwood flooring and granite countertops in the kitchen. When it comes to affording a home, its all about location. The house was built in 1979, but the exterior was redone in 2019. This article is for informational purposes only, and is not a substitute for professional advice from a medical provider, licensed attorney, financial advisor, or tax professional. There is a huge difference between living in a 1,000 square foot house versus a 10,000 . Sign us up. Visualizing the Size of Half a Million Dollar House in Every State. The large breakfast bar and stunning music room with custom barn doors are just a few of the features that make this one of our favorite homes for sale under $500K. The 3,200-square-foot property is located on Bell Avenue in Morgan Park, south of the upscale Beverly Hills neighborhood. This clinker-brick home built in 1940 is tucked away in the quiet Depot Bench neighborhood. The content provided on Moneywise is information to help users become financially literate. The median listing price on India Street is $785,000, making this 864-square-foot apartment about the best you could hope for as an entry-level option. This picturesque Country Tudor home straight out of a storybook features oak hardwood floors, Carrara marble countertops in the kitchen and bathrooms and a half-acre, gated backyard. This Craftsman home in Bowling Green is next to a golf course, so watch for flying balls when you go get the mail. Ft.) 4. Ft. ($259/Sq. Problem is you paid 500k, the accessor is gonna take his pound of flesh and tax you at 500, not 250.. your tax liability is double what you thought it would be. This could be your new bathroom. This site does not include all companies or products available within the market. Its also minutes away from several schools and the University of Maryland Medical Center in downtown Maryland. Might not sound that enticing to the uninitiated, but the wheat flour mills that gave the area its name have long since been replaced by luxurious loft homes and beautiful riverside parks. If youve ever wanted to be a lighthouse keeper, youre in luck. But if you work at one of the Strips glitzy neon casinos or resorts, this luxe Panorama Towers condo is just minutes away. This two-bedroom, two-bathroom unit faces the Gold Medal Park and features open living spaces, maple hardwood floors and a patio. The compensation we receive from advertisers does not influence the recommendations or advice our editorial team provides in our articles or otherwise impact any of the editorial content on Forbes Home. Dream summer home. This stately 30s home in Chattanooga has been completely renovated inside, so you get the best of both worlds. Use SmartFinancial right now and stop overpaying for home insurance. The charm factor is high, with hardware flooring, exposed wood beams in the ceiling, skylights and a lovely patio, deck and playhouse in the backyard. Updated January 2020: By searching, you agree to the Terms of Use, and Privacy Policy. Depending on the state that can quite a chunk of change. The 3,539-square-foot property has four Texas-sized bedrooms, three and a half baths and a second-story balcony that looks like it could seat 15 people. Take this one-bedroom, one-bath unit. The coastal city has plenty of things to do, with a bustling town center and three-mile boardwalk with gorgeous ocean views. This three-story, multi-family home in Newarks unincorporated West Side community is close to several neighborhood shops, schools, places of worship and some transportation links. While each of these homes is stunning, they vary widely by size. States are listed in descending order of square footage of home. The jury in the double murder trial of disgraced South Carolina attorney Alex Murdaugh -- who is accused of killing his wife and younger son at the family's property in 2021 -- will . Want to be closer to the sights? We adhere to strict standards of editorial integrity to help you make decisions with confidence. Ft. This cute little cottage in Maplewood is only half an hour from New York City. So what can you get for half that number? Ft.), 1. Ft. ($269/Sq. Half a million dollars can get you over 3,000 square feet of home real estate in the United States, based on the national median price per square feet. Where would you buy real estate if you had $500,000? A hot tub and pool in the backyard? How Much Does A Home Security System Cost. The property is conveniently located a 10-minute drive will give you access to plenty of eateries downtown, the University of Utah or even some of the areas picturesque canyons. The Federal-style building is located in the harborside Locust Point neighborhood, surrounded by several seafood restaurants, bars and taverns. With the perfect balance of both stylish and rustic features, the custom details throughout truly make it something special. Ft.) True California-living in Indio, CA 2 Beds, 2 Baths, 1,342 Sq. The spacious home features a huge balcony, an open floor plan with vaulted ceilings, three bedrooms and two and a half bathrooms (with a marble walk-in shower). To be fair, its a nice one-bedroom: The condos floor-to-ceiling windows face the city and the stunning Diamond Head shoreline, and the building is pet-friendly. The 1,642-square-foot home is bigger than it appears: It fits four bedrooms and two and a half baths and includes a basement. Around the community, youll find soccer fields, a basketball court, a fitness center and a neighborhood pool. First, we provide paid placements to advertisers to present their offers. But you can do plenty of entertaining from the propertys covered back porch, which has its own ceiling fan to keep your guests cool outside. Ft. ($105/Sq. The 2,614-square-foot lot fits nine bedrooms and three bathrooms, and the listing suggests the owner could earn a rental income of $4,800 per month, assuming full occupancy with each tenant renting three rooms. The area is desirable for good reason. It could be a great fit for many retirees. So who can afford this house? North Dakota is one of the worst states for winter driving, with 19 winter driving fatalities in the past three years, so make sure youre equipped with a good car insurance policy if you decide to make the move here. If golf, faith and foliage arent your thing, there are several grocery stores, coffee shops and restaurants nearby as well. The median listing on Realtor.com is a whopping $950,000. Ft.) 3. To help support our reporting work, and to continue our ability to provide this content for free to our readers, we receive compensation from the companies that advertise on the Forbes Home site. This spacious mid-rise condo is a treat for anyone who appreciates the industrial look. , or youre just beginning your home search, were here to help get you inspired and excited to begin the process. Ft.) For joint owners who are not married, up to $250,000 of gain is tax free for each qualifying owner. True to that promise, you can find plenty of grocers, restaurants and coffee shops nearby, while Folly Beach famed for its pier, fishing, surfing and live music is less than an hour away. Here's what a $500,000 "dream home" would look, Here's what a $500,000 "dream home" looks like in, Courtesy of The Tracy Montgomery Team, Keller Williams Northeast, Here's what $500,000 could get you near downtown, Courtesy of Tina Schwarz, Keller Williams Realty, Here's a look at what $500,000 could buy you in, Courtesy of Torie Ellens, MyHome Group Real Estate, A look at what $500,000 could buy you near, Courtesy of Patrick McCabe, RE/MAX Fine Properties. California: 1,587 Sq. You might be able to spot some deer from time to time from this 4,254-square-foot home, which backs onto the woodland at the end of a quiet Rock Creek neighborhood. Samantha is an editor who covers all topics home-related including home improvement and repair. However, depending on where you go in America, your $500,000 may stretch further. It has four bedrooms and three baths, and the garage fits two cars. Location: The west side of Idaho Falls. 2. TREC: Info About Brokerage Services, Consumer Protection Notice. Heres How to Keep Your Heating Bill from Being a Million Dollars This Winter. Ft. ($315/Sq. Depending on where you live, that could score you a stunning mansion or multifamily investment property or you might be lucky to get a one-bedroom condo. If you are looking to purchase more real estate for your money, head south: Mississippi and West Virginia are the only states in America where half a million dollars will get you more than 5,000 square feet. Wise up with top stories and timely tips Tuesdays and Thursdays. The home is just 10 minutes away from Downtown Manchester and close to highways, public transportation and multiple restaurants and grocers. The area has tried to transform itself over the years into a vibrant, attractive neighborhood, especially for modern renters. 3. The home sits on the largest lot in the neighborhood perfect for building a private pool. This compensation comes from two main sources. This 2,065-square-foot camelback-style home is a recent addition to the historic Algiers Point neighborhood, near the Mississippi River. It features three bedrooms, two bathrooms, a renovated kitchen with granite countertops and a detached garage. The median listing price is just $58,000, so youll be spoiled for options. See more homes for sale in Savannah, TX under $500K. Its not the White House, but a modern condo in the center of D.C. will do just fine. Wood floors? Ft.). On the flipside, in some coastal states such as California and Massachusetts , dont offer under 2,000 square feet of real estate isnt available for $500,000. The compensation we receive for those placements affects how and where advertisers offers appear on the site. If that sounds enticing, just remember that Seattle is one of the costliest cities to live in, especially for millennials, with a median listing price of $725,000. The single-family residence reportedly has three bedrooms and one bathroom but the listing notes that potential buyers should check with the city and tax records for the official count and other property details. How does your state compare in purchasing power? Just pick wildflowers on your 97(!) East of the city, youll find properties like this four-bedroom home. Indiana: 4,630 Sq. Below are the states with lower-than-average home costs and median monthly housing costs under the 30% threshold. That contest money would go far in Phoenix, too. After all, the first rule of real estate is: location, location, location.. 1. You wont lack for green spaces the community has several parks, such as Bethany Lake and Allenback Acres and downtown Portland is just 15 minutes away. How Much Does Ethernet Installation Cost. But once inside, its unlike typical craftsman homes. Indiana Median price per square foot: $86 $300,000 buys. Ft. ($532/Sq. This varies from state to state, of course$160,000 is the average home price in. If you need a little fresh air, just head to one of the porches on the second or third floor or the front porch overlooking the street. Analysis: All three of our homebuyers can afford this one. Homeowners insurance buys you peace of mind. Location is a plus, for the most part. It really blows my mind to see houses 700k+ in other states because the income opportunities aren't the same like they are in California. While you can find several single-family and multi-family homes around the same price point in the Portland area, this single bedroom and bathroom condo is situated in the coveted East End neighborhood, near the waterfront. This Home Sale Gain Exclusion lets you exclude (i.e., not pay tax on) up to $250,000 of gain on the sale of your primary residence if you are single or $500,000 of gain on the sale of your primary residence if you are married filing jointly with your spouse. Mississippi: 5,208Sq. ft. Bayfront property in Rehoboth? Dont think of the shoveling. National parks abound, and the gorgeous Curt Gowdy State Park is less than an hours drive away from Cheyenne. Check out the first-time homebuyer programs available in Arizona. Ft.) The World War II era bungalow has three bedrooms, two bathrooms, a gated backyard and a basement. We wouldnt mind waking up to this view one bit. This gorgeous cabin in Perry comes with a stocked fishing pond. We meant Saint George, Utah. Boasting concrete floors, Viking appliances, screened-in porches and private garages, they make urban living more comfortable (and more spacious) than ever. Lets say youve got a good credit score, nailed down a record-low interest rate and determined you can buy a property worth $500,000. This looming American Foursquare home built in 1911 includes an impressive five bedrooms and two and a half baths. This 831 square-foot home has a wonderful backyard and includes a two-car garage. Homeownership is among the lowest in the country, with 60% of residents owning their homes. Well Help You Unpack the Answer, Is Solar Energy Renewable? The city also has a reputation for being a great place to raise a family. The home includes four bedrooms, one and a half baths, a backyard and a sunroof on the top floor. This comfy condo in the residential Bryant neighborhood includes two bedrooms and one bathroom, with a large private deck. 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