BRITS React to What A $1 Million Dollar House Looks like Across America

[@bradkirchhoff5703]

I live in central Illinois in a 150+ year old Victorian home. Its not quite a mansion but its one of those huge victorian homes. Has a front and back staircase and even a butlers quarters. We got it for $120,000. Beautiful and clean. Not run down or dirty at all. We do have some well mannered ghosts but they dont bother anyone. Seriously…

[@limeygaynor]

Sounds fabulous

[@nbrouse388]

Damn you actually have ghosts? What’s that like ???

[@melm295]

Wow. In the same style, condition & age in Brooklyn. It’s now worth about a million, but my parents paid a bit more than you in the 70s.

[@yusaqhwiff2442]

How much taxes per year?

[@user-wr9ej6xe4j]

The Cleveland one wasnt very representative of "houses" obviously lol. A really nice home with a big yard can be 250k-500k in Cleveland where you'd easily be paying double the price in just about any other city

[@glennrobinson2014]

"Value" is more than just size. It must include job opportunities, cost of living, cultural and hobby opportunities, &c.

[@grobble8954]

Whomever made this video literally picked the worst examples of 1M in most cases.

[@pacmanc8103]

I like being able to go to 3 grocery stores, a bakery, fruit/veg market, myriad pizza parlors, brew pubs, etc, etc., all within 15 very walkable minutes of my very old neighborhood.

[@willvr4]

Yeah, I couldn't imagine having to drive like 30+ mins each way just to get food. I didn't grow up in a city, but I grew up in a dense suburban area of NY where 1 M will get you a pretty nice house. Nothing crazy though and definitely not a mansion. I wouldn't want a mansion though even if I could afford it. So much upkeep and wasted space.

[@nataliewalters2759]

In the suburbs most food places are within five mins or less . It’s the country areas where things are very far apart .

[@pacmanc8103]

@@nataliewalters2759 In a car - if you’re lucky 5-10 minutes to a grocery store. Each way. In rural areas, anything more exotic than Safeway or Kroger can require 1 solid hour each way. To a Walmart or Costco. Maybe even a Trader Joe’s. 😛

[@garycamara9955]

How do you get your groceries home?

[@garycamara9955]

I would rather live in a one room shack with an outhouse than anywhere in New York city.

[@connororeally9119]

congratulations mom on the sons wedding, special day for sure

[@wewhagg]

Great video I believe it was on point and I am from the metro Detroit area and you are right about buying some property now and sitting on it for a year or two and then selling. I wish I would've bought this new condo that was downtown some years ago, that condo back then was $192k today that same condo is $500k great turnaround.

[@connierenfro4878]

Madison, Indiana, rated one of the best small towns in America. Clean, safe, shops, restaurants, and watering holes. Sits on the mighty Ohio River. Beautiful and charming.

[@usmc24thmeu36]

I live in North Central Florida a million dollar house. It would be a mansion on 60 acres and a lake. With plenty of bass fishing.

[@tejida815]

That Las Vegas house looked like just another McMansion. A friend’s son worked for Ford a few years ago. He bought a Craftsman style house and loved Detroit. He was almost finished with several updates before he took a job in San Francisco and had to sell.

[@carlosmiro4932]

The property taxes in California a low because of Proposition 13 (1978), which rolled property values back to 1975, assesses a 1% property tax rate on the appraised value, which remains frozen until the property is sold or additions made to it. In the meantime, the property tax can only go up 2% over the previous year tax amount, so if in 2023 you paid $2,000 in property taxes, the tax bill for 2024 will be $2.040. Proposition 13 has become the first commandment of the California Constitution.

[@MbisonBalrog]

That has be made up somewhere. So sellers charge higher price interest and principal higher. That why no one can afford home in CA.

[@betsybabf748]

They are calling a 3300 sf home a mansion? That's a basic single family home.

[@willvr4]

It's a little over "basic" but DEFINITELY not a mansion by any stretch.

[@pablopicaro7649]

In the mid sized cities of US you can do MUCH MUCH better than many shown, $1m will generally get a 5000 sq ft (500m2) huge custom home with very large yard.

[@100fedup5]

So how much house will a million dollars buy in Great Britain? That would be fun to see for us Americans.

[@rnman99]

Watch Escape to the Country. It ain't much.

[@MbisonBalrog]

Depends on location. Seaside towns can probably buy entire block up north probably buy yourself a mall.

[@ewetoobblowzdogg8410]

Where I live in Louisiana, 2 million will buy me a 5000 sq ft plantation home built in 1850, with an extra guest house, workshop with it's own apartment, pool + poolhouse and 3 ponds on 53 acres. I could probably get it for less than asking price.

[@WinterFlowerchild]

My ex-boss sold his garage apartment in Los Angeles for $1 million. It is a tiny apartment over his garage. Location, location, location. Just a few minutes walk to the beach.

[@comeconcon569]

In America, we also refer to a house as a home. A $1 million dollar home.

[@4theloveoflife]

That is not in las vegas but in summerlin which is another city.. Vegas is part of 5 cities.. Heck even the vegas stirp is not in vegas..

[@lgwappo]

My boss was from Detroit & he said years ago their economy collapsed & people moved out of homes & left for other places to live. Crime went up but it appears things have gotten better. 2 other considerations are the cost of insurance & heating & cooling.

[@gregcable3250]

If you want to experience NYC being immersed in it, get yourself a studio and spend most of you time out during the day/night. Then come back to the studio and crash. Get up the next day and do it all over again. (Yes, I have.).

[@MoonlightSonata214]

I live in Miami and so I looked up the condos in the Biscayne Beach building. The smallest ones "just over 1,200 square ft." are 1,223 sq. ft., and the only two available at this time are $1,290,000 and $1,350,000. Even the 912 sq. ft., 1,137 sq. ft. and 1,162 sq. ft. ones are all over $1 million. It also depends on the age of the building and the amenities. There are other waterfront condos here that are $2 million for just over 1,000 sq. ft. But you MUST keep in mind that these are not the true cost of these condos, because the real estate listing will not mention the monthly condo association fees, which cover the maintenance of and insurance for the entire property above and beyond your own unit, and the monthly fees can be as much as or more than the monthly mortgage payment for the condo so your cost is actually MUCH more than what the real estate listing would have you believe. And that does not include your homeowner's insurance for your individual unit. Detached houses cost a lot more even if they are older and small, because you are getting some land with them, but your HOA fees (if there is an HOA) will not be anything near what condo association fees are. Homeowner's insurance is also extremely high because of the storms Florida gets.

[@MbisonBalrog]

America too expensive to have 🏠

[@ewetoobblowzdogg8410]

I've heard of stories where someone actually paid one million dollars for a single parking spot in NYC

[@shalonsmith3653]

A lot of the USA has loads of available land unlike dense NYC. The south also has lower incomes compared to dense northeast cities and west coast cities. Climate also plays a role in why it’s so cheap. Also southern states have fewer regulations as well

[@masudashizue777]

Homes in Honolulu are known to be expensive but I managed to buy my condominium for $81,000 a quarter of a century ago. Now it's worth 3 times that, making me wonder whether to sell and move to the mainland for retirement.

[@MB-xq9hu]

As a Miami Resident for 38+years now, I will tell you it's impossible to find a "Wow" Home for less than a Million now a day here as well, I bought a new home in an area that is not the most desirable for 350K in 2021 and my home is worth 550K now, half of NYC is down here now because of our economy, and it's people with money that are coming down, so you can charge anything, and if they sell their NYC place, they can buy here with Cash, no financing needed, so it is driving real Miamians out sadly, I will probably sell my home when it reaches a million in few years, and move elsewhere, I work from home anyway.

[@WinterFlowerchild]

Imo, the Dallas, TX metroplex (D/FW) is one of the best places to live, for a variety of reasons. There is no state income tax, there are plenty of jobs of all kinds, the crime rate is low in most of the cities, we have hundreds of churches/temples/mosques and other places of worship, and the weather (if you can take the heat) is tolerable. At least, we aren't in tornado alley... and there are no earthquakes, wildfires, mud slides, hurricanes, volcanoes, sink holes, dangerous wild animals, etc. to speak of. There is occasional flooding, but not like in Houston. There's also a plethora of diverse cultural activities and some recreational activities (Austin is better in this regard, but you might hit a deer with your car). You can build a brand new 3-story home (over 3K square feet) in a great neighborhood for HALF a million dollars, complete with a big garage, large yard, swimming pool and a community fitness center and dog park. For $350,000, you can build a brand new 2-story home (right at 3K sq feet) in the same neighborhood. Ofc, you can also buy 'used' homes, if you can find one for sale in this horrible economy, and there are smaller homes for less than $350K. The mega mansions costing $1 million are for the Billionaires... and mostly they're in Highland Park or in gated communities with golf courses. Even if I had the money, I wouldn't want those people as my neighbors. I live outside the city with a reasonable 35-minute commute... bc I wanted to be by a lake, to have more than half an acre, and to have no effing HOA telling me what I can't plant in my front yard. Oh, and we also have a great Mayor who never locked us down... bc "every job is essential". Many people voluntarily wore masks and social distanced, so we didn't have a big flu outbreak, never had the mental health crisis that we see in places that strictly enforced that crud, and our kids didn't miss a year of school. (We are law-abiding citizens, and most of that stuff is a violation of OSHA law or unconstitutional!) We also have, imo, a great Governor who finished the border wall with Mexico - despite the Biden administration's interference.

[@MbisonBalrog]

DFW just got hit by a 🌪️ a bad one. You are in tornado alley. But how govt get money? Something has to give. So no income tax. Another tax must be high.

[@WinterFlowerchild]

@@MbisonBalrog The occasional tornado doesn't put us in tornado alley; there's no place on Earth that doesn't have the occasional tornado. Anyhow, our sales tax is 6.25% and local taxes cannot be more than 2%, so the highest sales tax is 8.25%. Property taxes vary by city (there is no state property tax) - with Dallas at 2.22%. Some people complain about their city's property tax being high, but the city of Stafford has no property tax at all. The City of Frisco lowered its tax rate to $0.432205 per $100,000 valuation for the 2023-24 fiscal year, a 3% decrease. We have a lot of businesses... and they pay their share.

[@JIMBEARRI]

Many people who work in New York City don't actually live there. They take Commuter trains out to the suburbs in New York, New Jersey, and Connecticut. Not that those places are cheap, but they are much less expansive than property in Manhattan.

[@shalonsmith3653]

NYC isn’t just Manhattan people buy in all four boroughs. Housing cost is cheaper in brooklyn than Manhattan

[@NSUserName]

I used to think location didn't matter but as I got older I realized how much it does. Not being able to get anything you may need in the middle of the night is a concern. The lack of response from police and fire depts negates how nice the Detroit house looks.

[@jek4837]

That's sort of less important now though. Almost nothing is open 24 hours now after covid. It's a shame.

[@MbisonBalrog]

People literally pay those prices in NYC for speculation. They think someone else will pay even more. 😂😂😂😅😅😅

[@Pointsblogger]

Things have changed a lot in past 2 years. All those places are worth way more now

[@DRH0813]

Did anyone else notice they didn’t talk about HOA fees for any of the condos??? I’m willing to bet for NYC, CHI, and MIA each of those condos carry a $2,000 to $7,500 a month HOA fee. Why talk about taxes, but not that? Yea I know… no one asked, but it annoyed me 😂

[@garycamara9955]

Screw that I won't do an HOA

[@cp368productions2]

In contrast in New York 300 miles from that nasty apt in NYC is a 1884 built 7600sq ft mansion with 5 large bedrooms, 5 bathrooms, on a 2.74 acre corner lot, with a carriage house, piano room, 5 porches, 5 fireplaces, formal living room, walk out basement, etc. for $859,900. It is haunted but nothing too bad, might hear a few footsteps from invisible feet. And don't think ripping out the woodwork, it's on the National Register of Historic Places and you can't do anything that ruins the historic nature of the house.

[@BrLoc]

I would absolutely hate my view being huge buildings and noise. You can keep your NYC shoebox. That doesn't seem at all relaxing and calm.

[@shalonsmith3653]

I would hate being far out in the suburbs with no life, no culture, no entertainment-just loads of traffic, flying cockroaches, lizards, and all kinds of wild animals showing up on my doorstep. No one wants to deal with hurricanes, tornadoes, suffocating heat, etc. Keep your soulless car culture lifestyle.”

[@jonm7888]

Different strokes...

[@retrosonghits]

FYI: There are five states with no general statewide sales tax: Alaska, Delaware, Montana, New Hampshire, and Oregon.

[@NSUserName]

That may be but the taxes shown in this video are property tax, not sales tax. Property tax needs to be paid annually regardless of what you've paid in sales tax.

[@retrosonghits]

@@NSUserName I understand the difference between property and sales tax. My comment to them was meant to show them the states where sales tax in general is not a thing. I wasn't addressing property tax.

[@YouOnlyIiveTwice]

I live in Oklahoma and on average the square footage of a $1,000,000 home is around 6K per square feet (or roughly 305K per square meter for pretty much anybody outside the US) and it's crazy to me to see these tiny homes that go for that in places like NYC, LA, Miami, or Chicago. Also, the reason why Detroit has the cheapest homes is because that city is a shit hole lol

[@jamesdellaneve9005]

Cheap house in Detroit is the most stabby place as well.

[@SoYappy]

For condo and apartment you need to add HOA, could be as high as several thousands a month.

[@kc9scott]

Also, some houses are in areas where you must join and pay an HOA.

[@skymuffn]

…a cool mil would be a partial down payment in my neck of the woods. One of my good neighbors got $16M in 2022.

[@Mike_For_Sure]

No Daz for the retirement house hunting real estate videos?? lol oh wait, next video I see. 🍻

[@michaelstallings5824]

now they should take a look at how 80% of americans live, it's not million dollar homes, or even, 80% of that homes.

[@johnzubil2875]

My Uncles home on Staten Island NYC is now worth $800,000 . He bought it for $200,000 yrs. ago. It's been paid off for yrs. He's now contemplating moving to Texas since he retired. Talk about an investment.

[@willvr4]

People always say that. But when you take interest into account, property taxes, upkeep and repairs, the utility bills, and the basic costs associated with home ownership...Then account for inflation. Most people are lucky if they break even after the mortgage is paid off. Houses aren't investments unless you're trying to flip them or are renting them out.

[@jamesdellaneve9005]

Yes. I live in Cali. My friends that leave to places like Texas and Tennessee pay cash when they move to cheaper places. My daughter is selling her 900 sq ft condo for $550K and move to Texas. She’ll pay cash for a house there.

[@MbisonBalrog]

But a house in TX is not cheap unless middle of nowhere plus unless has nice got pension how he survive?

[@MbisonBalrog]

@@jamesdellaneve9005Will she be living in middle of nowhere? TX is expensive now too

[@jamesdellaneve9005]

@@MbisonBalrog They are going to Lubbock. Nice homes for $300K. It’s in the early stages of growth. It not muggy there like Houston.

[@lingoman1]

A lesson on what we value, other than money.

[@greensage395]

Ouch on the Taxes! Greedy Gated Communities!

[@ShaneSaw2593]

Coming to Boston for Aiden’s 21st?

[@sandevieira5674]

I worked with a guy who'd bought a beautiful huge historic mansion but sold it because he said he was tired of coming home and not being able to find his wife. 🤣

[@aliciajames8038]

They didn't do justice to $ 1 million dollars homes especially Atlanta I've seen $400k homes there bigger than the one they showed for a million

[@westregent66]

Indianapolis looks NICE ....only problem is it's in Indiana

[@BoilingDietCoke]

A BigMac in NY is like $14. AZ $6. You get paid more in NY because cost of living.

[@shalonsmith3653]

A Big Mac is not 14 dollars in NYC

[@MbisonBalrog]

What hap Miami condo when Canes come through?

[@pazshahar8506]

Congrants 🎉

[@leeyaferguson9019]

See, you never know!!!🤣🤣

[@richardmoody2683]

He looks jist like his Mom! Y'all are twins!

[@barano9729]

A million dollar house is a modest house in the San Francisco Bay, California.

[@kevinsierra482]

Pfffft that new york house is a closet in miami 😂

[@jackiebinns6205]

The Midwest it the best place to buy ! 1million you can have a mansion

[@onemanwanders]

California real estate is wildly inflated, when that bubble breaks its going to be massive ruin

[@pinchez-q2d]

the people that live in million dollar NY apartments have to be making enough that its pocket change to them.

[@chroniccomplainer3792]

Million dollar industrial apartment in Cleveland 😂😂😂😂😂😂 what a crazy video. That property is worth half that. Anyone can list their property for any amount, it doesn't mean someone would actually pay that....

[@user-wr9ej6xe4j]

That was pretty crazy how they showed that instead of any houses, which are pretty inexpensive compared to most cities. Im guessing the price is a reflection of it being in downtown, which is more expensive. Im from Cleveland and i would NEVER want to live downtown. I live in a nice suburb that has tons of bars and restaurants, and i have a real house and yard. I rent and it's only 1k a month. Cant beat that

[@chroniccomplainer3792]

@@user-wr9ej6xe4j you can get 4,000 square feet and acreage in Pittsburgh/Cleveland metro area for 700k-1 million. I lived in both areas. To show an apartment like that in sketchy Cleveland is absolutely absurd.

[@prince738]

congrats to your son on getting married

[@todtiger]

I`ll never understand why anyone would need 5 or 6 bathrooms ??

[@allenhill1223]

Build few smaller homes on the property.

[@allenhill1223]

RANCH

[@allenhill1223]

I know places like that in the OZARKS

[@allenhill1223]

Taxes😮😮

[@allenhill1223]

F. Non sense.

[@BoilingDietCoke]

Location, location, location.

[@TobyBaker-hz3rw]

Uncle was killed in Detroit. No thanks.

[@limeygaynor]

😢

[@sactyb]

Housing/real estate in the USA has become such a dirty market along with a dirty government..at the age of 43, I’ve given up on my dream home!! Raised the white flag to progressives and liberals..and have chosen to become a homeless!!

[@pacmanc8103]

Don’t come here - we’re full.😛

[@MbisonBalrog]

Did you parents live all over US?

[@hrussell9677]

His figures are off. San Francisco is the most expensive with an average home price of 1.2 million. Buying outside a city is less expensive but again , depends on the region and the town and how wealthy it is. If you have children and want to be in an excellent school system, it will cost more as great schools impact real estate prices greatly.

[@kc9scott]

Also, he used median for Detroit, but average for NYC. An average can be thrown off by a few examples with high values.

[@rafaelrivera9346]

Bull crap. Miami is expensive as heck. Yes in the Florida boonies you will get a mansion for a million.

[@brianbrooks-in5yy]

Stay away from big cities and you'll get the best value for your money.