Mississippi: 5,208Sq. That sounds like a big number, but when you consider that the 2018 median size of a new home in America is 2,386 square feet (which is 1,000 square feet larger than 50 years ago), its no surprise that mortgage debt has hit a record-high $14 trillion. South Carolina average lawyer salary: $105,320. $359,000. House #1 is a 1930s-era three-bedroom ranch in Ann Arbor, Michigan. We meant Saint George, Utah. If we buy this home in the Boise foothills, can we keep the furniture? Realtor.com estimates the monthly payments for this home would be around $1,517 a month on a 30-year fixed mortgage, assuming a 20% down payment. The unincorporated village of Chugiak lies around 20 miles northeast of downtown Anchorage. Located in the amazing Savannah community, this homes brick exterior is beautifully contrasted with charcoal garage doors and window shutters. The median listing price is just $58,000, so youll be spoiled for options. This elegant cul-de-sac property in Chesopeian Colony is around 10 minutes away from the beach. Mississippi: 5,208 Sq. This Craftsman home in Bowling Green is next to a golf course, so watch for flying balls when you go get the mail. 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. Sitting in the St. Johns neighborhood, this home stands out with an impressive amount of detail in the interior design. 1. Priced at $499,000, it offers 873 square feet, high ceilings and easy access to the citys top amenities. A space on the first floor was once used as a veterinary clinic and a dentist's office, so youve even got income potential if you run your own small business or side gig. 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. Updated January 2020: By searching, you agree to the Terms of Use, and Privacy Policy. , or youre just beginning your home search, were here to help get you inspired and excited to begin the process. In fact, the earliest known record of property taxes dates back to the 6th century B.C. Plenty of restaurants and grocers lie less than three miles away, and you can hit the beach in a mere 15 minutes. (Although, uh, it kinda looks haunted.). The Boston Avenue/Mill Hill neighborhood is largely residential, with a few schools and medical centers, such as the Bridgeport Hospital. But you can do plenty of entertaining from the propertys covered back porch, which has its own ceiling fan to keep your guests cool outside. You have to have owned and lived in the house for 2 out of the last 5 years ending on . This backyard of this house near Palm Beach is begging for a pool party. Alabama: 4,762 Sq. 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 property was custom-built in 2009 and features four bedrooms, four and a half bathrooms, two living areas, an office/flex space and a bonus room.. While you can find quite a few homes in Minneapolis for around $200,000, this stunning condo is located in the heart of the Mill District. Find the coverage you need at the most competitive rate in your area. Around the community, youll find soccer fields, a basketball court, a fitness center and a neighborhood pool. And, if you happen to be above the $500,000 threshold, you will pay taxes at the capital gains rate, which might be as high as 20 percent of the amount above $500,000 plus you may have to pay the. Its also situated in the highly rated Andover School District. The 12th-floor unit comes with a doorman, furnished roof deck and recently renovated bathroom. 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. 2. Located in the most private area in the community, this end unit home is ideal for entertaining. Weve always wanted a bedroom with a fireplace. States are listed in descending order of square footage of home. Ft. ($108/Sq. $329,000. The city also has a reputation for being a great place to raise a family. This clinker-brick home built in 1940 is tucked away in the quiet Depot Bench neighborhood. 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 unique all-glass garage window makes for true indoor/outdoor living and lets in plenty of natural light. Its not the White House, but a modern condo in the center of D.C. will do just fine. Didnt plan for triplets? 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. The results vary at the state level, however, and . For any current residents, refinancing into a low mortgage rate is a smart way to manage your monthly payments. Here's what a $500,000 "dream home" would look, Here's what a $500,000 "dream home" looks like in, Courtesy of The Tracy Montgomery Team, Keller Williams Northeast, Here's what $500,000 could get you near downtown, Courtesy of Tina Schwarz, Keller Williams Realty, Here's a look at what $500,000 could buy you in, Courtesy of Torie Ellens, MyHome Group Real Estate, A look at what $500,000 could buy you near, Courtesy of Patrick McCabe, RE/MAX Fine Properties. The Federal-style building is located in the harborside Locust Point neighborhood, surrounded by several seafood restaurants, bars and taverns. The median listing price for a home in Providence is just under $300,000, meaning $500,000 can nab you this luxury high-rise condo downtown. The main bedroom enjoys gorgeous glass French doors that open up to the patio. Ft.) 5. This Ashland home has serious curb appeal. 5. we can issue a permission document, granting non-exclusive rights to reproduce, store, publish, & distribute. Louisiana average lawyer salary: $105,490. Want to use our visualization online, including on open publications like blogs, news sites, etc.? Sold. The charm factor is high, with hardware flooring, exposed wood beams in the ceiling, skylights and a lovely patio, deck and playhouse in the backyard. While your money goes far here, that may not be the case much longer. With home values so costly in some parts of the country, you just may be able to find a four- or five-bedroom home for a cool $500K. What else can you buy around the country with $500K? The property has eight bedrooms and four baths, with each unit containing two bedrooms and one bath. On the Northwest side of town, $500,000 (well, actually $490,000) can get you a five-bedroom, 3.5-bath property complete with a wrap-around porch, original hardwood floors (from 1925!) The expansive backyard is meticulously landscaped with flower beds, berry bushes and an irrigation well. Built in 1907, it has been upgraded with new floors and new appliances.The master bedroom and two smaller bedrooms are on the main level and an upstairs loft can be designed as a fourth bedroom. Ft. ($552/Sq. Just make sure youve got a good job lined up before moving here. Psst, this chalet-style house in Excelsior has a wet bar. Amenities: hardwood floors,. If you head south of the city to West Athens, then this quaint five-bedroom is within reach. See more homes for sale in Houston, TX under $500K. Let us know in the comments and share with your friends. The yard has raised garden beds and a full sprinkler system as well. 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. And the Battle of Germantown was fought on its land during the Revolutionary War. This compensation comes from two main sources. These so-called Rust Belt states have large housing stocks due to their population losses. If youre worried about the cost, you can always rent out the yard of this Omaha villa for weddings. The Depot Bench neighborhood includes many other homes built in the 1930s and 1940s, some in Spanish and Colonial Revival styles. 2 Beds, 1.75 Baths, 1,415 Sq. You could easily believe the Sugarhouse neighborhood was named for this sweet brick bungalow. Ft.) Top 5 States with the Least Real Estate Purchased with $500,000 1. The house is a deal at a listing price of just $135,000. Samantha is an editor who covers all topics home-related including home improvement and repair. Oooh, graniteandstainless-steel countertops? This four-bedroom, 3.5-bath rustic estate is just one example of what that chunk of change can net you. Follow along to find out what half a million could get you in your home state and across the country. Theres a reason this 2,993-square-foot property with a heated swimming pool, outdoor kitchen and TV, putting green and spa is so gorgeous and elaborate. If you'd like to use our visualization in books, magazines, reports, educational materials, etc. 3. Ohhh, NBD, this 1798 house is on the National Register of Historic Places. This condo places you within walking distance to the train station, museums, shops, restaurants, hospitals and schools, such as the Rhode Island School of Design and Brown University. 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. The surrounding warehouse district is known for its art galleries and studios, indie boutiques and upscale dining options. Ft.) 4. At $495,000, it boasts two baths, nearly 2,000 square feet and a wood-burning fireplace. Nope, this isnt a spa. Check out the first-time homebuyer programs available in Arizona. Half a million dollars can get you over 3,000 square feet of home real estate in the United States, based on the national median price per square feet. Patent pending. Ft.) If your spouse dies and you subsequently sell your home, you qualify for the $500,000 exclusion if the sale occurs within two years after the date of death and the other requirements discussed above were met immediately before the date of death. 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. The perfect place to gaze at the mountains and dream about where to buy your next house. The interior has a neutral, grey color scheme and an open floor plan and fits four beds and two and a half baths. Ft. ($269/Sq. Housing, utilities and health care all cost less than the national average, according to Payscale. Heres What A $500K Home Looks Like In Each State, {{ tocState.toggleTocShowMore ? Courtesy of Steve Kazoleas, Ben Bay Realty Co. Consumers should independently verify any agency or service mentioned will meet their needs. Many are heading to the Sacramento area, where $500,000 still gets you pretty nice digs. New Mexicos first-time buyers are competing with out-of-staters for homes in affordable Albuquerque, causing a shortage and driving up prices. That $500,000 might not go far in some of the nation's real estate markets. Where would you buy real estate if you had $500,000? Several beaches lie nearby, as well. Want to be closer to the sights? The Windy City can get plenty of storms throughout the year, so if you live nearby, make sure your home insurance policy covers wind and hail damage. The Old Port historic district, also within walking distance, boasts an array of clothing boutiques, pubs, bars and restaurants. Massachusetts: 1,859 Sq. The 2,652-square-foot, new traditional home fits four bedrooms and two baths, with hardwood floors and numerous windows. This 2,098-square-foot corner-lot home in the Rock Creek neighborhood includes three bedrooms, two and a half baths and a new cedar deck in the backyard. 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. 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