Homeowners can look forward to spacious bedrooms, a double-sided gas fireplace, an outdoor pool, and a price point well below $500K. Prices are soaring in the City of Angels. This elegant cul-de-sac property in Chesopeian Colony is around 10 minutes away from the beach. Ft. ($105/Sq. At $495,000, it boasts two baths, nearly 2,000 square feet and a wood-burning fireplace. Welcome to our new happy place: a tree swing in Olive Branch. 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. $500,000 Houses for Sale in Every State - PureWow home Here's What $500,000 Will Buy You in All 50 States (and D.C.) Real estate dreams do come true By Jillian Quint Published Nov 4, 2016 Five hundred grand can get you a lot of stuff (like 100 Chanel bags or 3,000 Beyonc concert tickets or 15 million pieces of gum). For any current residents, refinancing into a low mortgage rate is a smart way to manage your monthly payments. It can also get you some amazing real estate all over the country, from a tiny studio in a cool city to a giant mansion in the countrysideto, um, a lighthouse. Think of all the pancakes with maple syrup youll eat. 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. Ft.) 4. We will email you when we're ready, just drop your address in the box. You have to have owned and lived in the house for 2 out of the last 5 years ending on . That $500,000 might not go far in some of the nation's real estate markets. Ft.) Top 5 States with the Least Real Estate Purchased with $500,000 1. 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. However, its the peaceful backyard surrounded by tall trees that makes this one of our favorite homes for sale under $500K. The listing says it could be a smart investment opportunity for someone with the gumption to transform the space into a forever home.. This gorgeous cabin in Perry comes with a stocked fishing pond. Its also minutes away from several schools and the University of Maryland Medical Center in downtown Maryland. While the property would make a fine home, Denver itself has been rated one of the best places to live in the U.S. due to a strong job market and high quality of life. National parks abound, and the gorgeous Curt Gowdy State Park is less than an hours drive away from Cheyenne. Utah Price: $544,868 Size: 2,305 sq. Dont miss the open-air concerts at the Algiers Ferry Landing, either. A leisurely stroll will get student tenants to the University of Louisville. You wont need to travel far for restaurants, grocers or coffee shops. If you are using a screen reader, or having trouble reading this website, please call Redfin Customer Support for help at 1-844-759-7732. The newly renovated interior has hardwood flooring and granite countertops in the kitchen. Though you can find an urban unit for $500,000 or less, it likely wont be huge. How does your state compare in purchasing power? Find the coverage you need at the most competitive rate in your area. 44. Wilmington is one of the states poorest cities, with a median household income of just over $45,000. The listing says this 5,283-square-foot multi-family home could make a fine investment property if youre willing to strip it down to the studs. 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. first-time homebuyer programs available in Arizona, states where home insurance is rising the fastest, costliest cities to live in, especially for millennials, Looking For Passive Income? Wise up with top stories and timely tips Tuesdays and Thursdays. The Woods is a quiet neighborhood with numerous mature trees, situated between the York Golf Course and the Pontifical College of the Josephinum, a Roman Catholic seminary. It features three beds, three baths, a detached garage and a wraparound back deck. So who can afford this house? Actually, we think wed rather spend all winter staring out this window. The open kitchen is complemented by a breakfast nook and access to the dining room. If youre willing to go out to Staten Island, youll get more bang for your buck with this three-bedroom, 1,500-square foot property. Anglesey is an unincorporated community with few amenities, but the city of Wilmington is just a five-minute drive away. Median List Price: $425,000 Three Bedroom Home: $410,000 This 1,680 square-foot house northwest of Denver is close to good roads and public transit. This 1,572-square-foot Chantilly cottage home promises plenty of character, with red brick throughout, hardwood flooring and numerous windows allowing for lots of natural light. The expansive backyard includes a pavilion, brick fire pit and a shed so large the listing calls it a storage building.. The two-bed, two-bath property sits by the Milwaukee River in the Historic Third Ward neighborhood and is just down the block from the Milwaukee Institute of Art & Design. For Teresa and Martin, who can both afford a 20% . Mott Haven faces the waterfront and features a mix of industrial and residential buildings. The 12th-floor unit comes with a doorman, furnished roof deck and recently renovated bathroom. Its situated in the North Side Indianapolis neighborhood and is within walking distance of several shops and restaurants, as well as the Monon rail trail and the Bottleworks District. Wyoming average lawyer salary: $105,600. Whether you're simply browsing or looking to relocate to one of the most populous cities in the U.S., we've scoped out a home in the 25 biggest cities across the country with a listing price around $500,000. $489,000. Plenty of restaurants and grocers lie less than three miles away, and you can hit the beach in a mere 15 minutes. The primary suite is a peaceful retreat with vaulted ceilings and a spa-like master bath. Location can mean the difference between a mansion and a bachelor pad. The kitchen features Carrara marble countertops and white cabinetry, and four tall windows in the living room allow for lots of natural light. Time to buy some horses, stat. Houstons where contest winners could really get some bang for their buck. Want to use our visualization online, including on open publications like blogs, news sites, etc.? Ft. ($105/Sq. Warren Buffett isnt the only one thriving in Omaha, which has a relatively low cost of living and unemployment rate. The building is located just off the Burke Gilman Trail, minutes away from the University of Washington and the Seattle Childrens Hospital. This Spanish residence in the Galway Meadows community is positively palatial. Ft. ($108/Sq. Initially, this home gives off a warm and cozy atmosphere. Ft.) Stow gets its fair share of snow, but this saltbox colonial has a hot tub on the deck. West Virginia: 5,155 Sq. Where are housing refugees from the Bay Area and Los Angeles going? These are the cheapest states to buy a house, based on housing cost ratios, which are calculated from the state's average monthly gross income and home costs. This sprawling 3,844-square-foot property in the suburban Ingersoll Park neighborhood is surrounded by schools and restaurants and lies just five minutes from the hubbub of downtown Des Moines. REDFIN and all REDFIN variants, TITLE FORWARD, WALK SCORE, and the R logos, are trademarks of Redfin Corporation, registered or pending in the USPTO. Ft.). Its even equipped with the latest smart home technologies, including smart locks, the Ring video doorbell, a smart garage door and a learning thermostat. And the Battle of Germantown was fought on its land during the Revolutionary War. Unemployment is relatively low, and incomes are relatively high. You can afford a house of 500k by earning anything from $74,607 before tax. With panoramic Hill Country views, an expansive guesthouse, an outdoor kitchen (and shower) and Travertine floors throughout, its as spacious as it is stylish. Two Super Bowl viewers could get $500,000 toward. During the big game February 2, the Rocket Mortgage Squares contest will offer $50,000 in cash for randomly drawn winners at each score change (up to 30 of them). The state has a higher-than-average cost of living at 31% over the U.S. as a whole, according to MERIC. However, like most markets, real estate has been hit hard by the coronavirus pandemic. We make no representation or warranty of any kind, either express or implied, with respect to the data provided, the timeliness thereof, the results to be obtained by the use thereof or any other matter. The home includes four bedrooms, one and a half baths, a backyard and a sunroof on the top floor. $359,000. This Craftsman home in Bowling Green is next to a golf course, so watch for flying balls when you go get the mail. Oooh, graniteandstainless-steel countertops? However, you must consider several factors such as the downpayment, loan terms and interest rates, debt obligations, and closing costs based on location. The compensation we receive for those placements affects how and where advertisers offers appear on the site. Where would you buy real estate if you had $500,000? The ranch-style home features a spacious kitchen with a granite-topped island and quartz countertops, a living room with vaulted ceilings and a gas fireplace and two separate patio areas outside. Arched doorways and a brick fireplace nestled between built-in shelving gives the living room a warm, vintage feel. Depending on the state that can quite a chunk of change. 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. South Carolina average lawyer salary: $105,320. Burlington ranks highly on several lists of the best places to live in the U.S., which make special note of its education system and quality health care. This 2,065-square-foot camelback-style home is a recent addition to the historic Algiers Point neighborhood, near the Mississippi River. Mississippi: 5,208 Sq. A hot tub and pool in the backyard? 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. All rights reserved. The 2,718-square-foot property backs onto the eponymous woods and boasts four bedrooms, two and a half baths and a recently remodeled kitchen. REDFIN IS COMMITTED TO AND ABIDES BY THE FAIR HOUSING ACT AND EQUAL OPPORTUNITY ACT. Its located mere minutes away from the beaches that line Lake Champlain and Lake Balsam. In fact, the Greater Boston Area houses more than 100 colleges and universities and is a thriving economic hub. Featuring modern upgrades and clean finishes throughout, the bright and open floor plan is perfect for entertaining. SmartFinancial compares quotes from over 200 insurance companies to check for discounts and help you find lower rates in your area. The stylish interior includes three bedrooms and two and a half baths and an open main floor with dual glass French doors leading into an office. You can completely relax in the homes spacious rooms, thanks to hardwood floors, new smart lighting and a wireless security system promising the feel of country living but all the convenience of the city.. Urban unit for $ 500,000 or less, it likely wont be huge urban unit for 500,000... At the most competitive rate in your area kitchen features Carrara marble countertops and cabinetry! The coronavirus pandemic could really get some bang for their buck States with the Least real estate Purchased with 500,000! We receive for those placements affects how and where advertisers offers appear on the state has a relatively low and! 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The mail, please call Redfin Customer Support for help at 1-844-759-7732 fire pit and a recently kitchen... Your buck with this three-bedroom, 1,500-square foot property including on open like! Is $500k house in every state 10 minutes away from Cheyenne you had $ 500,000 or,. Competitive rate in your area some of the last 5 years ending on flooring and countertops! Champlain and Lake Balsam, we think wed rather spend all winter $500k house in every state out this window syrup.
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