what throwing down half a million buys you in the area?
Based on sales this year between $450k and $550k this year, you could expect a newer 3,000 – 4,000 square foot home with 3 or 4 bedrooms, 3.5 bathrooms and some combination of the following:
- Brick front
- with a 2-story living space
- with a wall of windows
- and a balcony or catwalk that overlooks it
- an island kitchen
- a master bath with a big tub and tiled shower tucked to one side
- a finished lower level, often a walkout
- a moderately complicated roofline so your house looks great on Google Maps
- a 3-car garage for all your toys
- and prime setting – 1+ acre, a wooded lot, or on an artificial pond – so you have something to see from your wall of windows.
But you’ll have to wade through homes on the market that:
- are near drawbacks like power lines
- are listed for 30%+ more than the seller paid at the peak of the market in 2006
- have custom upgrades and decor from the last owner
- or are in areas where you will be surrounded by vacant lots and construction for years at the current pace of new home construction
Want to see more?
Homes that are listed for sale at 450-550k- are near drawbacks like power lines
