SHOCKED British Guy Reacts to "What $500,000 Buys You Around The US"

THIS is what $500,000 can buy you around the US? (i'm moving)
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[@Cody_Ramer]

You can buy a lot more for 500k if you just go out of the cities.

[@kenziedayne4234]

Sometimes that's where the jobs are though. If you have a certain set of skills and education you may be stuck following the work.

[@nightmark2120]

@@kenziedayne4234 drive that's why the suburbs are so much better unfortunately somewhere some how people made the suburb have a bad reputation.

[@vamble363]

​@@nightmark2120HOA' did that, no way in hell am I going to live somewhere where my neighbors have any say in what I do with my property

[@nightmark2120]

@@vamble363 That I agree I'm talking about people wanting to make cities like Europe where they live in small apartments and just have public transport. Not against that but it's not taking the advantage of how big the US is. Or how ugly suburbs look and its not good for anyone who doesn't own a car.

[@vamble363]

@nightmark2120 yeah that's true, ima just move to the country when I get enough money to do so, I grew up on several acres of mostly forest, I miss it

[@revtoyota]

Shoot in some areas $500k can get you 150 acres, 3k-5k sq-ft, 4-6 bedroom, 3-4 bath, with a 3-4 car garage.

[@rexdink]

$500K will get ya 5 bed- 2 bath, on 50 acres in my neck of the woods in Minnesota.

[@Lord_technik131]

4 bed, 4 3100 sq-ft central Ohio

[@blueboy4244]

bonus - you get the winters

[@ronwest7930]

Property taxes?

[@rexdink]

@@ronwest7930 Homesteaded with some chickens, so it's Ag land, less than $1,500. And I do like the winters. Getting snowed in, is like playing hooky from school.

[@lauriereinertsen]

I’m from Minneapolis (don’t live in Minn. anymore but love my home state) and what city are you in - farmland - that of course will be cheaper - it’s out of the cities and brutal winters and not much to do depending on what town you’re in.

[@TheGuruwan2b]

In OK for $500K you would have a McMansion. I paid $100k for a two story brick house (with 1.32 acres) in 2002. Now it is valued at $150K.

[@scottmccullough4267]

Palm beach County,Fla , 4 bedroom, 2 bath, 2 car garage, pool , screened in ,on a canal ,paid 90,000 in 1981 ,now upwards of 6 $6/700000.00

[@desertoutlaw3317]

Parents bought a 5 bed 4.5 bath home with 5000sqr feet in 2009 for $480,000 and they recently had it appraised and came back worth 1.2million

[@ShaneSwanson-dd8gj]

Anywhere in the Midwest you’ll have a mansion for 400k

[@ajplays7241]

except in Nebraska Neaar The Most Popular lake the mansions are stupidly 1M or more.

[@roaaoife8186]

Des Moines prices are going up as the city population is exploding, especially in the suburbs, but you can still get a lot of house for that amount.

[@jonadabtheunsightly]

Even in the Midwest, big cities always have upscale areas where the prices are higher.

[@Dr_Kyutoko]

The half a million for a Brooklyn apartment that's barely the same sqft as mine? Oh hell naw. I mean, sure my rent is only 259$ a month, but that's cuz it's a HUD building, it's like 1005$ a month to actually rent a room here unless you're elderly or disabled. Sure you'd "own" the apartment, but naw man. For 500k, I'm gonna get a house with at LEAST four bedrooms and two and a half baths for damn sure. I'm pretty sure I could build/buy a mansion in my town for that. When mom built her home, back in 1997. With a master bedroom, two bedrooms, two and a half bathrooms. A living room, family room, kitchen, dining room, laundry room and basement spanning the entire floor plan, which could be renovated into another family room, two bedrooms and two extra bathrooms. She paid, in 1997 dollars, 300-350k dollars. Today, I think it's worth over one million due to equity and inflation.

[@hopey16]

A"condo" is usually an apartment that you can own. I don't own a home but homes are going for about 300k in my area in Central Oregon

[@christypriest30]

I could get a mansion here in the Blue Ridge Mountains for that and it’s only 4 hours from DC

[@vpedidoc]

Bought our home in 2012 in North Texas. Luckily, it was a buyer’s market. 4080 sq. Ft. 5 Bed, 4 Bath, covered patio, 2 car garage, w/ pool and an d 800 Sq ft bonus building that is electrified and A/c. All on 1/2 acre in the city. We paid 360,000. Now worth 800k. We were very lucky.

[@kateg7298]

Go south of Houston and get a very nice house for $200,000.

[@ronwest7930]

Free humidity and high crime rates.

[@chanmi1957]

Humidity yes. Crime not so much. It depends on location. West of Houston is Katy. We live in a 3 bed, 2 bath home. It's not the biggest home but it is comfortable. Our crime rate isn't bad. We have an ample police squad. The only problem I have is the urban squal encroaching on our small town.

[@ronwest7930]

@@chanmi1957 It kind of depends on where you live. The news about big cities is like a different planet compared to my life.

[@whyme7996]

I bought a 2 bedroom 1 bath house with full basement for $80,000...put on an addition for $30,000...making it a 3 bedroom 2 bath. I have an acre with 2 out buildings including an old barn. Mature trees, lovely bulbs...and it's all paid for. total $110,000

[@peanutmwo6001]

in Texas, 500k would get you at the very least a 1.5-story house in Austin; everywhere like Houston, SA, and DFW 2 two-story homes, and maybe even a small mansion is what you could be looking at

[@karay4417]

I bought my house in Sherman oaks, CA in 2002 for $193,000. Today it is valued at $1.3 Mil.

[@urstruly00]

I paid 34,000 (in2011) 3 floors 2 baths garage 3 bedrooms sunroom mud room brick smoker in the back built in 1925 near kc chiefs nfl and royals baseball. Raised 4 kids not paying rent.

[@kelleewolfe2834]

That's freaking awesome! You definitely killed it. ❤

[@starbrand3726]

In 1978 my family purchased a house in Queens NY for $30,000. 35 years later that same house sold for $700,000. New York City is crazy.

[@bobperricone2216]

all of these homes or apartments come UNFURNISHED..these pics are for sales purposes

[@Tarzan91303]

Everything is a compromise. Do not move to Compton in LA. I cannot guarantee your safety. Vegas is boiling hot four months out of the year. Houston is very humid and congested. Miami condo/apartment market is dicey, but it’s a very sexy city. And living in NYC is torture.

[@WaskiSquirrel]

I own a house that is 10% of this video! My $50,000 house has 672 ft^2 (62.4 m^2). Of course it is in a rural part of North Dakota. It doesn't have the nice finishes shown here, but it is nice enough. The North Dakota thing is really the biggest problem. The funny thing is that my classroom is bigger than the house and its basement set side by side. But I have enough room to have a garden, and I love this space: it is fully paid for and all mine. By buying something small, I have it paid off. I can now save money to get something better, and if it doesn't happen, I have a nice space that is all mine.

[@traceejohnson290]

Is that a "Tiny Home"?

[@WaskiSquirrel]

@@traceejohnson290 It's small, especially by US standards, but not tiny.

[@xo2quilt]

I bought a 1,700sqft house in Ft. Worth, Texas in 2018, 3 bedrooms, 2 bathrooms and 2-car garage for $185,000. In 2019 I bought a 3-bedroom, 2 bathroom, 2-car garage 1,400sqft house on 10 acres in Oklahoma for $125,000.

[@alhslm]

We have 6 acres, 2 houses (5 total bedrooms) 45 minutes from Sacramento. It was $1.2 million. We sold our 4 bedroom on 1/3rd of an acre near san francisco for $1,795,000. My parents originally bought that house for $190,000.

[@SirSteveeeeeeeeee]

When he checks out Mississippi and then Hawaii 🤣🤣🤣 Btw for boston 900k

[@huh4tofpv384]

Im north of Houston. Back in 2013 i paid 100k for 1800sqft.. 3 bed 2 bath office pool table room covered wood deck ... (now is appraised @250k

[@treis42]

Yeah, but they'll all sell for over that. The problem with real estate in the US is there are no restrictions to companies buying property. These companies come in and can afford to pay way over asking price, outbid families, and make it up in the long term with sky-high rent prices. So a respectable $750 mortgage payment is now $1200+ rent and you own nothing.

[@chrisfrench9257]

I paid 200k for a 3,000 sqft home about a decade ago. $1200 a month for mortgage. Location is just outside of Charleston. Things are much more expensive now though.

[@jihnfps]

My parents bought a really nice house on the west coast of florida for 120k in 2004 now its somewhere around 500k

[@brianmoore6724]

I have a 860 square foot one bedroom condo in San Diego that I will sell for around half a million as soon as I find what i want up in the Pacific Northwest. It's stupid. It's not special at all

[@debneuweiler9867]

If you really want to know…We bought our house in Northern New Jersey in 1998 for 280,000….now it’s worth about 600-700 grand

[@margitsample8302]

Some apt complexes here only offer the option of purchasing. i rent a studio and its about 1600 monthly in the city. i do live in a big metropolitan city so its pricier than other places. buying would be idea as a mortgage payment could be half of that or less. but buying is just almost impossible right now with the prices.

[@kikikillua_17]

Could you do another one of these videos please, maybe one that focuses on real estate on the east coast ?

[@DemonbreedGaming]

you arent buyin a house that isn't a total shit hole in san diego for under 500k lol

[@TubE-tr8yi]

2 bedroom 2 bath brick home large backyard, garage...69,000 in small town in South Carolina, right now has half a tree on the roof another large tree laying in the back yard with numerous shingles laying up and down the street but still in better shape than a lot of other homes in South Carolina right now thanks to hurricane Helene or what ever her name was, and without power since yesterday and probably won't have it for 4 or 5 more days, having to sit in the car to charge my phone and run the AC to cool off. So right now I'll probably let you have it for a buck fifty. 😅

[@kelleewolfe2834]

Oh no.. 😥 Hopefully you and your neighbors recover quickly.

[@sidewardkhan9631]

bro you gotta react to danny duncan !!!

[@Chelle_Angel]

You really don't want to live in Huston Texas it floods about 2 times a year. I love Texas, its best to live in a smaller town that's within decent driving distance to big hospitals. I'd live in the desert in Los Vegas before living in Huston. The beauty of it is with your self made job you can live anywhere. 😊

[@JSabh]

Texas sucks. Horrible hole in the earth.

[@lauriereinertsen]

@@Chelle_Angel Agree - I’m just not a Texas fan and especially Houston.

[@Daslink314]

I bought mine for 75k with a couple acres of land

[@blessedgmp8964]

My first home I bought in San Jose CA in 1980 for $27K I looked it up now and it’s for sale for $1.5 million! I bought my current house in Tx for $90K thirty years ago it’s now worth $330 it small 1400 sq feet.

[@AlienAceCat]

I live in the St. Louis suburbs in Missouri, my house is pretty small, judt under 1000 sq feet but I got 3 bedrooms and a massive back yard in a safe, quiet neighborhood for $121k back in 2015. Last time the property was assessed the value had increased to 165k (just the land, excluding the house). Not too bad, Missouri has a relatively low cost of living (but you get what you pay for - it's still Missouri 😅)

[@colinbaxter4732]

As stated in the video, “LOCATION IS EVERYTHING!!!” For half a mill, I most places outside of the major cities you can really get quite a lot! Including land… but there is always a negative too! In Las Vegas you have to contend with the heat… tourism driven economy… and dodgy medical services. Houston also had heat, humidity, HURRICANES, a crazy Texas Electrical Utility Grid, “guns, rednecks, ‘n BIBLES… EVERYWHERE!!!” So nowhere is perfect. It really comes down to what you can afford, and what you are willing to put up with! 😂😂😂 I live in Santa Monica, California very close to the Pacific Ocean. Probably one of the most expensive real estate markets in the world. Yes, we have occasional earthquakes. But as a native, I barely notice the small ones. Certain things are more expensive here than in other parts of the country, like gasoline. But… to live within walking distance of the ocean… SOOOOOO WORTH IT! I have a 5 bedroom, 2 story home. We paid $6mil for it about 10yrs. ago. Fortunately… we can afford it! 😂😂😂

[@1012Mrjesse]

My family got a 1700 square ft (518 square meters) 3 1/2 bedroom 2 bathroom house outside of Tucson, AZ on 4 acres for about $125,000. Added an external 3-4(depending on vehicle size) garage for about $50,000 ($175k total) in 2011. My rough guess based on nearby homes selling with similar sized houses and property size without a garage, after the landscaping done to our property(trees, grass, cactus, pond, etc.) with addition of the garage is probably worth 4-500k today

[@leahmollytheblindcatnordee3586]

When he calls a condo, it means you are buying it. Although there probably is a fee for upkeep. Our house is valued at approx. $156K. 3 bedroom, 1 bath, 960 sq ft, full basement, lot size 9148 sq ft.. We bought it in 1980 for $40K. Built a 2.5 car garage. Mid-Michigan. Median price for our town is $260K. City size 8K. Half hr. drive from capitol.

[@davidrowell]

In 2001 I paid $439,00 for a 1300 SF Bay Area property... Got the county tax bill about 6 months later (which divides value between land and improvements i.e. the house): Total taxable amount: $400,000 - House (improvement) value: $50,000 - Land value: $350,000 Crazy...

[@coleensakamoto6844]

Paid $96,000.00 in 2005. 1 story, 3 bedrooms, 2 baths, 1 car attached garage. Central a/c & heating. Dishwasher, stove, microwave (& garbage disposal 😊), included. 1,000 sq ft. Nashville, TN.

[@TheGuruwan2b]

The company I worked for moved from CA to OK. Some of the employees sold houses in CA and bought 3 times the house in OK.

[@whyme7996]

don't bring California mindset to the midwest. California is destructive, and I was born there.

[@blueboy4244]

several of my friends moved out of apts in california into owning houses other places..with a lower monthly payment

[@donmccammon858]

4 Bed, 2 bath, full unfinished basement, with extra lot (and shed), both lots with separately fenced back yards (about 0.75 acre total), $233,000 purchased in 2021. Current Zillow estimated value: $308,500

[@dds-yk2ky]

Family just purchased a vacation home in Pigeon Forge TN for $300,000, 3 BD, 2-1/2 bath, living room, game room, garage, 2 levels w/ 2 decks

[@scumonkey]

Sold my 1,500 sq foot Manhattan loft for $1,500,000 (bought it for $250,000 in the 80's), then turned around and purchased a 4,515 sq foot home on the OBX (beach) of N.C., with one acre of land for $1,349,000- at the height of covid. My new home (according to Zillow) is now worth $2,230,000!

[@jewels82718]

In Wyoming, I live 20 miles from the nearest town of 32,000 pop. I have 15 acres with a large shop which is connected through a breezeway to my home, built 7 years ago. The house has 4 bedrooms, an office, 3 full baths, and 2 living rooms. Our property would sell for about $400,000.

[@payersystempro]

You can buy an apartment. An apartment for sale is termed Condominium/Condo. I live in one of the most affordable large cities in the US, Houston. I bought my home for $475k three years ago. 5bd, 4ba, 4300 sqft, 3 car garage built in 2016. Ok, they had Houston in the video. My house is very similar to the Houston example.

[@lexpope]

12 years ago I got my cape cod near Philly (1400sf-4bed 1bath- .5 acres) for $215,000. Currently valued at $430,000. Could not afford a house in today’s market.

[@sacraig819]

Bought my house in central North Carolina for $165K in 2016. It's worth around $350K now (1350', 3 bed, 2 bath, 1/4 acre lot). It's considered a starter home and at the low end of the market in my area.

[@AmberVivicide]

I live about 25 minutes East of Cleveland, Ohio. I bought my house in 2019 for $112,000. It's a 4 bedroom, 2 bathroom, 2 car garage. Central air conditioning and heat, massive living room, big bedrooms, covered patio out back with a hot tub and fully fenced-in back yard. I live 1 block away from Lake Erie right by Headlands Beach State Park (Ohios largest natural sand beach) and its absolutely beautiful here.

[@rainbug714]

In Southwest Mississippi we paid $80,000 for 20 acres and a 1500 sq ft ranch home in 2011. We’ve put about $40,000 into improvements and remodels. It’s worth around $350,000 today. Great area with good neighbors and a close community.

[@AndreA-dl5po]

Just did a quick Redfin search to give you some context. For Seattle, there are just 212 homes (nearly all condos) for sale between $400,000 and $525,000. Generally around 700-800 square feet. No, you obviously don't get that much for your money.

[@JohnPaul-hm2ys]

I lived in Manhattan (Chelsea) in the late 80s for $975 a month. A good friend still lives in the building, and that apartment rents currently for $7500 monthly, then add another $600 for parking at another location. In 1990, I moved to Philadelphia to do my doctoral studies, and my rent was $365 for a similar place. Since then, I stayed based in Philly while doing temporary moves around the country and had a vast variety of rents. Then, four years ago, I retired. donated most of my belongings, downsized/de-junked, and settled in a large studio in Philly. I pay $1000 a month. No luxury, but I am more than happy with this downsized arrangement. I should have done this years ago. After being widowed in 1998, I always had space I didn't fully use or need. Downsizing was surprisingly easy.

[@davidruby6240]

In 1995, in North Phoenix, $214,000, 2600 sq ft, 4 bedroom ,2.5 bath, 2 car garage, pool. Now valued at $700,000.

[@JIMBEARRI]

I live in a 500 sq foot, 1 bedroom apartment in Southern New England. The local market rent for a comparable apartment is $ 1,900 per month. That's nothing. There are micro lofts in a renovated building downtown that sell for HUGE sums. There is a 336 sq foot 1 bedroom unit currently selling for $249,900 ! BTW, it does NOT have a stove. Because it only has a microwave oven, and because the bedroom does NOT have a door; the unit is legally classified as a "room", in order to conform to building codes .

[@carladams5891]

California is expensive over most of the state. My parents bought their 5-bedroom, 3-bathroom house with a 3-car garage back in 1998 for about $280,000. They added a pool in the backyard several years later. It's now valued at over $900,000. They live in Northern CA in the east bay area.

[@mikematusek4233]

It all depends on where you live. Where I live in NW Arizona (100 miles SE of Las Vegas) $500k could get you 3000sf 4bed, 3 Bath, 3 car garage and a 1/4 acre.

[@LadyHusker999]

I live in a very small town in Nebraska, population less than 150. I bought my house 20+ years ago for $12,000. 2 bed 1 bath, attached garage.

[@amandamiddleton4445]

My husband and I bought our home for $140,000 in 2017 but prices have gone up. Ours was a fixer upper that needed new drywall, new flooring and we're still updating but it's 1,900 sq feet with 4 bedrooms and 3 full baths, plus a dining room, kitchen, living room, a den downstairs, laundry room and 2 car garage. We live about 30 minutes from downtown Chattanooga, TN.

[@timriehl1500]

I live in central Pennsylvania and bought a two bedroom, two bath condo (like an apartment, but you own it) for $100,000 in 2017. I don't want to do yard work or shovel snow, so a condo is great for me. The Homeowner's Association takes care of that and I pay a $200 monthly HOA fee for landscaping and outside work. After COVID, the value has gone up to almost $200,000, but I will never sell. I love my condo.

[@SouthernSera]

I paid $139k in 2021 for a 1 story, ranch style house that's 950ft² with a finished basement in Pittsburgh, PA. It's the perfect sized house for me. I'm also only 3 or 4 miles from downtown, Heinz Field (it will never be Acrisure to me) and PPG Paints Arena. Pittsburgh is one of the more affordable big cities when it comes to housing. Five hundred thousand dollars would get you a great house in a nice neighborhood. The food scene is amazing, the people are friendly and there are so many fun things to do and see. Bundle that with state-of-the-art healthcare and I was sold. I love living in the City of Bridges.

[@beverlydorn9498]

I paid almost $200,000 for a 3 bed, 2.5 bathroom, 2 car garage with almost a full acre. Purchased in Tennessee, right on the Alabama/Tennessee state line, in 2002. It's 1962 sq ft. It's a beautiful place....

[@tabathas1980]

I live in a mid sized city in Tennessee, with a population around 185k. In 2019 a 3,000 square foot home would cost you around $350k. Now, that same house costs close to $800k. The typical lot size for that same house is less than 1/4 acre. This is a military town, so housing prices have always fluctuated. But now with all the blue state refugees, our city is overpopulated and housing supply is very low.

[@devild60]

Chimney Rock, NC DESTROYED By Massive Hurricane Helene Flood 9/29/2024

[@ledameamoreaa]

Just FYI. If you are going to eat Biscuits and Gravey in the US you will have to go to a few different restaurants to hopefully get tasty grits "because " "MANY " people don't make it correctly and it ends up tasting like pepper and nothing. Most people make it blan. I pray you find a place that makes it correctly because when ya do "IT'S DELICIOUS..."

[@celestehelton5452]

My house is 3 bed, 1.5 bath on 5 acres of rocky land. I live in Arkansas just outside a small town (population 400) in the ozark mountains. Value is around $40,000 (30,000£).

[@lkajiess]

My house was $490,000 In Portland, Oregon. It's a small (848 sqft) 3 bedroom with a 1 car garage. It's in a desirable neighborhood on a bike route.

[@Phoenixphyre001]

Hi Adam, I grew up in that Los Angeles neighborhood, and it is not safe (see the bars on the windows of the adjacent house). Those houses are old too. The house I grew up in was built in 1919, and that house is going for almost a million dollars in its broken down state. I'm glad we moved 3100 miles away to Massachusetts. A lot more bang for your buck and a lot more land. We paid $274.9k in 2005 and now the house is worth $449k.

[@Bijou2013]

My husband and I are finished raising our family so, we sold our family house in 2021 and bought a 2 bedroom, 2 bathroom 1750 sq ft townhouse for $265,000. We're about 25 minutes outside of Minneapolis in a beautiful little community of about 14,000 people. 10:17

[@ThomasLecoq-bd7qj]

2003, 3 bedroom, 2 bath, 1 1/3 acre, Ranch style in the high desert town of Apple Valley--$132,000. Price today with improvements is about $350,000. Retired, but a lot of things to do around the four cities in the area. Some lower priced depending on the area.

[@bobbiejojackson9448]

Adam... Just in case you weren't sure... New York City is comprised of 5 boroughs. Manhattan, Queens, Brooklyn, The Bronx and Staten Island. That's technically one city. New York State is the entire state and consists of 61 cities, 1K towns and lots of villages. So, that 1 hour from the apartment in Brooklyn into Manhattan, is within the same city.

[@markballard9942]

I paid less than $100,000 33 years ago. I live on the north side of Chicago, about nine miles from the city center, and two blocks from Lake Michigan. Today, my house would be around $500,000.

[@nanner3200]

Bought our house 22 years ago for a little under $300,000. It was a repossession from a bank and even though it was only a year old the previous owners had pretty much taken everything from it. Lights, ovens, sinks etc. Now (according to Zillow) it's worth about $650 to 670,000. 3 acres, a pond, 3 (plus, meaning you could turn some of the rooms in the basement into bedrooms. We only needed 3 beds so we didn't bother) bed, 4 bath, finished walk out basement etc. More bang for your buck in the Midwest!

[@littlerock8926]

I purchased my home in February 2018. It is 2900 square feet, 4 bedroom 4 and 1/2 bath, double walk in closet in the master bedroom. I have a 3 car garage with an upstairs room above the 3rd garage that is approximately 600 sq. ft. and another full bath (shower only). It is also located in a gated community with a lake and in ground swimming pool. I paid 275k for this home. I have been offered 500k within the last 3 months for my house. I will not sell for two reasons: 1. my interest rate is less than 2% and now it would be 6%; and 2. if I purchased another home similar size for the same money I originally paid, I would be in the worse part of the city. I looked into buying a large parcel of land (40 acres) and building a new house similar size and it would cost me 1.2 million. I said no thank you.

[@franksmith4730]

Bought our house for $138k in 2014 (when housing as still in a slump) in the DFW area ~10 miles from downtown. 1800sf, easily worth $350k today.

[@RoseGma]

I live in North West Iowa and I bought my 3 bedroom, 2 bathroom 900 sq ft 2 level house in 1996 for $69,000. I've refinanced a couple of times to replace the windows and to add permanent siding, so we still owe a lot but I love my little 1942 bungalow!

[@AnsonEnderBorn]

Currently living in an around 2,000 sqft townhome within the DC metropolitan area, 2 floors and a basement with 4 beds and 4 baths and 2 private parking spaces and it set my family back 521,000 USD back in late 2021. We're about 40 minutes away from downtown D.C. My family bought this home for me and my brother to live in while we study at a nearby university, been living here for roughly 3 years now. and around half of the house is continuously being rented out so we can continue making payments on our mortgage XD

[@johncarpenter3751]

I bought my home in Tampa Florida in 2015 for $80,000 and im selling it now for $350,000. With the profit I’ll buy a small home in the middle of nowhere, start a business and travel the word.

[@geoffreysloan6220]

Paid $135K in Iowa three years ago. It should be completely paid off in less than 10 years. Then I'll just bank my mortgage for 40 years.

[@radix4801]

I got lucky and paid $400k (~£300k) for a 3000 sq ft (~280 sq meter) 5 bedroom house just before pandemic prices made everything nuts.

[@NestorFuentes001]

I had bought a 1500 sqft 3/2 2 story condo with a carpor, rundown in west miami in 2021 for 295k. Invested around over 30k in 2 years and joined the HOA to bring everything up to code n modern n out from the almost condemed state it was in. Sold it for 460k in the end of 2023 and with the ridiculous earnings in such a short term left to San Antonio, Tx where i got a 2700 sqft 2 story single family house 5/3, with a loft, 2 car garage, on a culdesac, sitting on almost half an acre, brand new construction, took 4 months to build from scratch... Payed 395k for it. Something to grow into rather than grow out of to be ready for start a family with the wife now. Only 30 years old btw I know im lucky because none of my friends are able to do what I did or get to where i am with economic stability... its rough for the middle class in Florida... Yes its ridiculous how location affects real estate to drastic levels cus of how large the US is!

[@JIMBEARRI]

They're known as condominiums. You buy the apartment, but the catch is that you also have to pay monthly "Condo Fees" to the building owners for " building services " [elevators, lighted hallways, etc.].

[@janesmith146]

We paid $95, 000 for our 3 bedroom, 2 bathroom house in NW Georgia,, on 2 acres of land in 2003. We are a family of 3. Just west of Atlanta. Those were the days.

[@Clarinetboy82]

My house is two stories with a basement, and all three levels it totals 2200 square feet. It also has an exterior three car garage with space for a shop as well, and my yard totals about 1/5 of an acre (about 9,400 square feet). I paid $75,000 for my house. That's on the north side of Springfield, Missouri.

[@ChefPatrickChase]

my mom and dads property in the rural Missouri ozarks is worth an estimated $450,000 two homes house 1- four bed , two and a half bath , two car garage , sunroom, dining room, kitchen dining area, living room , parlor room , game room, mud room. house 2 - two bed , two bath , laundry room 40’x 80’ shop building 29 acres

[@ezhope1]

I’m in northern Colorado. We’ve got 1800 sf plus the same amount of unfinished basement, according to Zillow it’s worth 545k

[@george217]

There are some places in California where you can barely get a 2 bed, 1 bath mobile home for $500k. And before the snowflakes fall, they should check out the Paradise Cove Mobile Home Park where in the past 3 years some 30 mobile homes have been sold for $5 million +...

[@Dandee268]

500,000 would get you a 4-5 bedroom home with garage and land where I live. I bought my house in 98 so times have changed. Mine is 3 bedroom 2 1/2 bath with 2 car garage for 97k back then. Now they go for 200k

[@roaaoife8186]

I'm in Iowa. My house is 3k sq feet, 5 bd 4 ba with a finished basement. We just got appraised for $470k. This is about what my friend in San Diego paid for her 1 bd condo.

[@mickyo7171]

On the Midwest….$500,000 will get you something nice (not super fantastic nice, but nice), but $200,000 short of a new home.

[@greggoryschmelzer5683]

I live in a 3br ranch on 480 acres. Also on the farm are three rentals (2br and 2ea 3br), two bank barns, water wells and a Berra gas well. It cost $440k in 2012. I’m in SE Ohio, next to the hocking hills.

[@aaronward5612]

I got 2.66 acres with 3 out buildings, gazebo, and 5 bedroom 2 bath house in NC for 18k. Hell of a deal! The land alone is worth 40k. I am in the country and 45 mins from the nearest large city but i like it that way.

[@hollowpoint2.093]

i used to live in a house in texas that was 4 bed 2.5 bad with around 2,247 sq ft it was around 475k although many people are moving houses are going way up my current home is 6 bed 7 bath 5 bed 5 bath around 875k which back then it would costs around 500k to 600k

[@vapatsfan6174]

I don't know when this was originally posted but $500,000 isn't all that much in today's market. Thank you Joe Biden.

[@kenziedayne4234]

We bought a home 25 years ago for $95k. 3 bedroom 1 bath 1600 sq ft. with a very large yard. Unfortunately, the state went downhill over the years. When we sold 4 years ago we were only able to get $140k for it and it wasn't paid off so most went to the bank. We've moved to a new state for my hubby's job and are forced to rent. All homes here start around $550k and we can't even save up enough for a down much less afford the $3500 a month mortgage.

[@anneloving8405]

500k will buy you a delapidated 50yr old ,2-3 bedroom shack made from asbestos and tin and a small crap yard in any major Australian city/town.😅and you are 35km from the city centre!!!

[@RichardGut]

That must be an older video about Las Vegas. Prices have soared here. I bought my house- 4 bedroom and 4 1/2 bath with a pool 5 years ago for $1.2 million. My house now would sell for $2.5 million. Believe me u don't want to buy in Vegas now. As a bonus I have a 4 car garage and an RV garage

[@bobprivate8575]

The NYC starts off with an amazing lack of forethought. 1-bedroom apartment, and a "selling point" is the childrens' playground on the roof.

[@KCfanRani139]

I purchased a house last year just an hour south of Phoenix in a new community for $389,000. It’s 1600 ft.² with three bedrooms and two bathrooms

[@jonadabtheunsightly]

The word "average" most often means the arithmetic mean, but it can also refer to the median, the geometric mean, or possibly something else entirely. The word "median" is far more specific: by definition, half of the properties are worth more than the median value, and the other half are worth less; although the figure can still be manipulated, e.g., by looking at the median sale value in a given period, versus median appraisal value of properties in the community regardless of whether they are being sold or not, which will often give you a very different figure; people who are either being sloppy, or trying to pull the wool over your eyes, will just say "median value" and not specify exactly what data set it's the median value of, and you should be deeply suspicious of whatever claims they are pushing in that case. In first-world economies with relatively normal demographics, the median is generally a very *typical* value (typical, that is, of the data set in question), but the arithmetic mean can be significantly higher than the median, especially in communities that tend to attract wealthy people. The relationship between the standard deviation, and the difference between the median and the arithmetic mean, can tell you interesting things about the socioeconomic demographics of the community. Besides property values, this is also true if you're looking at e.g. median income. If it's an "apartment," you rent it. If you buy it, it's a "condo". We (and by we, I mean my parents) paid $45 thousand for this home, in 1991. In 2021, it would have been worth about the same amount, but now it could be worth twice as much, maybe more, because demand for housing finally caught up with supply here, circa 2022, and once enough of the surplus housing that had been sitting as a glut on the market finally sold, housing prices started to catch up with all the inflation that hadn't been happening since the 2007 mortgage-CDO crash, driving prices up at an accelerated rate over the space of about eighteen months. As a result, people who bought houses here in the late 2010s, got a really good deal.