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. 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. 1. The home includes four bedrooms, one and a half baths, a backyard and a sunroof on the top floor. The 1,782-square-foot property boasts two large master suites, an updated kitchen with granite countertops, two and a half baths and a private back porch. Located in the most private area in the community, this end unit home is ideal for entertaining. Anglesey is an unincorporated community with few amenities, but the city of Wilmington is just a five-minute drive away. The Forbes Home editorial team is independent and objective. The median listing on Realtor.com is a whopping $950,000. This stunning Houston retreat offers true modern luxury with beautiful finishes throughout the home, tall vaulted ceilings, and plenty of windows. With a large open kitchen, spacious bedrooms and closets, and a large game room with a list price well under $500K, whats not to love about this home? Initially, this home gives off a warm and cozy atmosphere. Information provided on Forbes Home is for educational purposes only. Ft.). With these real estate prices, its no wonder these states also lead the nation in consumer debt. Theres also a shared pool and barbecue area. True California-living in Indio, CA 2 Beds, 2 Baths, 1,342 Sq. It has four bedrooms and three baths, and the garage fits two cars. The products and services we review may not be right for your individual circumstances. Courtesy of Steve Kazoleas, Ben Bay Realty Co. Weve always wanted a bedroom with a fireplace. The kitchen features Carrara marble countertops and white cabinetry, and four tall windows in the living room allow for lots of natural light. 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. Thousands benefit from our email every week. Boasting concrete floors, Viking appliances, screened-in porches and private garages, they make urban living more comfortable (and more spacious) than ever. Mississippi has some of the cheapest housing in the country, allowing you to live like royalty if youve got the dough. The 2,570-square-foot property was built in 1910 and includes six beds and two and a half baths. Hawaii: 940 Sq. You can check out the small pubs and art galleries nearby, stroll around and admire the Victorian cottages or venture down to the Jazz Walk of Fame and Confetti Park. There's One Option Right Below Your Feet, How to Get a Mortgage: Follow These 9 Steps, The #1 new homeowner rule is to shop around for your mortgage. $300,000 Houses for Sale in Every U.S State - PureWow home Here's What $300,000 Will Buy You in All 50 States BRB, moving to Maine By Jillian Quint Published Jul 8, 2016 Fact: Three hundred grand will get you a decent home pretty much anywhere in America. 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. Bass for dinner? The wraparound back deck is so large you could land a helicopter on it but the property also provides plenty of privacy, backing onto a wooded lot with access to a creek. The yard has raised garden beds and a full sprinkler system as well. The 1,658-square-foot property includes four bedrooms and two baths, with an open floor plan on the first floor, a skylight over the kitchen and a fenced backyard. Like the rest of the city, it endures bitterly cold winters and heavy snowfall. The Ritz condo is extremely close to the Equinox spa, Loews Theater, Boston Common and several universities, including the prestigious Tufts University. Samantha is an editor who covers all topics home-related including home improvement and repair. 3 Beds, 2.5 Baths, 1,639 Sq. 4. 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 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. For joint owners who are not married, up to $250,000 of gain is tax free for each qualifying owner. This three-bedroom townhome could be the right fit. The floor plan features a double staircase and an open kitchen and dining area, four bedrooms and three bathrooms. Time to buy some horses, stat. On the Northeast side of town, $500,000 could get you this massive, six-bedroom estate nestled along Lake Houston. The motor speedway is just a couple hours drive away. Imagine raising a couple kids in this private, 4,286-square-foot home in the middle of the city, which provides easy access to the Chalco Park trails and Wehrspann Lake. The brand new property is pet-friendly, offers a private courtyard and comes with an attached two-car garage. Built in 1900, it boasts two bedrooms, two baths and a wood-burning fireplace. The 2,780-square-foot property is located near multiple schools, grocers, coffee shops and restaurants. Ft.) 4. In a unique and stylish twist, some windows even have inner-facing panel shutters. The affluent Chantilly neighborhood is secluded away from the rest of the city consisting of single-family homes and a small park but is still close to the shopping districts and nightlife that surrounding neighborhoods have to offer. These so-called Rust Belt states have large housing stocks due to their population losses. Today it consists of 12 bedrooms and six and a half baths, and the listing suggests the monthly rent could be around $7,580 with full occupancy. Take this one-bedroom, one-bath unit. Patent pending. Should You Leave an Underground Oil Tank Buried? Dont miss the open-air concerts at the Algiers Ferry Landing, either. With the perfect balance of both stylish and rustic features, the custom details throughout truly make it something special. In Manhattan, $500,000 could get you this studio co-op on 34th Street. South Carolina average lawyer salary: $105,320. Didnt plan for triplets? Well leave it at that. Ft. ($108/Sq. Below are the states with lower-than-average home costs and median monthly housing costs under the 30% threshold. Georgias capital has a diverse economy and a bustling nightlife, and while home prices are on the rise, the cost of living is still below the national average. Ft. ($97/Sq. , or youre just beginning your home search, were here to help get you inspired and excited to begin the process. Granite countertops? Colorado: 1,931 Sq. For state and local governments, property taxes are necessary to function. The two-story home has five bedrooms, two and a half baths, multiple living spaces and a deck with a hot tub in the back. This could be your new bathroom. Location is a plus, for the most part. If you'd like to use our visualization in books, magazines, reports, educational materials, etc. This Ranch style home is anything but ordinary with its vaulted ceilings, unique rock wall with an arched doorway, and a sleek kitchen. Looking after the in-laws? 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. Oooh, a modern pad in the center of Chicago. The private, fenced backyard features fruit trees and a covered porch but isnt quite as refined as many of the others in this list. The property includes a walk-out basement with a recreation and game room and a huge wet bar. If you choose to settle down in Sioux Falls, this 2,076-square-foot twin home in the Diamond Valley community delivers on character and comfort. turn-of-the-century house in Philadelphia. It features three bedrooms, two bathrooms, a renovated kitchen with granite countertops and a detached garage. Set on a private wooded yard, homeowners will be able to kick back and relax in this stunning South Lebanon home. Price: $500,000 Size: Four bedrooms, two bathrooms, 1,757 square feet, 6,621 square foot lot What We Love: Fully renovated, bungalow front porch, chef's kitchen, custom stone countertops Hawaii. That means your half-million can buy you this stately 3,381-square-foot single-family home, built in 1999 in the quiet Eagle Point neighborhood of North Shelby County. The building is located just off the Burke Gilman Trail, minutes away from the University of Washington and the Seattle Childrens Hospital. The lucky homeowner will be minutes away from the Wallace Hartman Nature Reserve, the Charleston Town Center, the highly rated Charleston Area Medical Center and several good schools. Homeowners can look forward to spacious bedrooms, a double-sided gas fireplace, an outdoor pool, and a price point well below $500K. Well, you can take a 20-minute walk down the Eastern Promenade Trail to get to the sandy East End Beach and admire the Casco Bay views. Arched doorways and a brick fireplace nestled between built-in shelving gives the living room a warm, vintage feel. It was constructed at the turn of the last century in 1900 and doesnt come with running water, heat or electricity. Homeownership is among the lowest in the country, with 60% of residents owning their homes. Almost 200,000 leave and go out of state every year, according to Census data. The results vary at the state level, however, and . SmartFinancial compares quotes from over 200 insurance companies to check for discounts and help you find lower rates in your area. 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. Find the coverage you need at the most competitive rate in your area. In a recent survey by the National Association of Realtors, 11% of realtors indicated a reduction in buyer traffic due to the coronavirus. This 2,035-square-foot townhouse features three bedrooms, three and a half baths and modern finishes, with hardwood flooring and quartz countertops. This Spanish residence in the Galway Meadows community is positively palatial. Though you can find an urban unit for $500,000 or less, it likely wont be huge. If youve ever wanted to be a lighthouse keeper, youre in luck. 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. How Much Does A Home Security System Cost. Mississippi: 5,208 Sq. We wouldnt mind waking up to this view one bit. Idaho Falls, Idaho $200,000 Keller Williams Realty East Idaho / Via realtor.com Size: Four beds, two baths, 2,068 square feet. This cute little cottage in Maplewood is only half an hour from New York City. $489,000. Ft. $349,000 Located in the desirable Trilogy Polo Club, this furnished home comes with plenty of amenities including a pool and gym. Courtesy of Mimi Lee, Realty ONE Group United. We dont even care about the rest of the house. 4. Its within walking distance of the highly rated Detroit Waldorf School, Pingree Park and the historic West Village neighborhood, which has several bars, restaurants and shops. Our data comes from Zillow and we use median list price per square foot to derive how many square feet could be purchased with half a million dollars in all 50 states. Yep, we think were gonna like it here. TREC: Info About Brokerage Services, Consumer Protection Notice. This colonial home in the South End would be a perfect summer getaway. The states where you'd get less than the average amount of space are California, Massachusetts, Colorado, Washington, Hawaii and in Washington, DC. Visualizing the Size of Half a Million Dollar House in Every State. The trendy East Nasty neighborhood, where this home is located, is known for its fantastic food and music scene. Dont think of the shoveling. Houstons where contest winners could really get some bang for their buck. Ft. ($101/Sq. Check out these 10 beautiful homes for sale under $500K right now: A bright and airy abode in South Lebanon, OH, Experts Reveal 22 Ways to Bring a Touch of Luxury Into Your Home, The 10 Most Beautiful Homes For Sale: Your Dream Home Awaits, Experts Reveal The Best Paint Colors for Selling a House in 2023, 33 Organizing Tips to Maintain a Tidy Home, 20 Transformative Tips to Make Your Home Feel More Elegant, 6 DIY Firepit Ideas To Spruce Up Any Backyard, What Are the Four Cs of Credit? With more than 6,000 square feet, it offers a gourmet chefs kitchen (plus an outdoor kitchen, too), a heated in-ground pool and a media room. See more homes for sale in Savannah, TX under $500K. Actually, we think wed rather spend all winter staring out this window. Ft. ($105/Sq. Alabama: 4,762 Sq. 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. Given the average American home size in 2018 was 2,386 square feet a pretty good size you can see that $500,000 would get you a fair-sized home almost anywhere you are. Like to be in the center of the action? 3 Beds, 3.5 Baths, 2,459 Sq. Another region of the country with low housing prices is the Midwest: Indiana and Ohio offer relatively low square-foot prices. A look at 500k houses in every state in the U.S. REI Game Changers 7.8K views 1 year ago Living in Jacksonville Florida 335 views 2 months ago Kaleb Shaw 247K views 1 year ago Beautiful. The right homeowners insurance policy protects you, your loved ones and your home. Just pick wildflowers on your 97(!) Its also situated in the highly rated Andover School District. 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 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 home sits on the largest lot in the neighborhood perfect for building a private pool.