Of course, that kind of money will go a lot further in Detroit than it will in San Francisco. So how do you know what to expect?
We asked a few of real estate experts how much home you can get for $250,000 in their area. Here’s what that budget will buy you in five different cities and how it compares to the area’s median list price, according to Realtor.com.
Desert Charmer in Mesa, Arizona: $250,000
Median List Price in Mesa: $269,000
With an elementary school in the neighborhood and tons of community amenities, this 2001 Phoenix-area home is great for families. Features include:
Vaulted ceilings
Den plus separate living, family and formal dining rooms
Upgraded carpet and tile flooring
Upgraded maple cabinets, granite counters and stainless steel appliances, including double ovens
Newly remodeled master bathroom with custom tiled walk-in shower
Two-inch wooden blinds
Covered patio pre-wired for ceiling fans
Backyard Oasis in Arlington, Texas: $250,000
Median List Price in Arlington: $230,000
Built in 1993, this four-bedroom home is located in a gated community just 20 minutes from Dallas and Fort Worth. Features include:
Neighborhood walking trails and private lake
Heated saltwater diving pool and spa with eight-foot privacy fence
Professionally landscaped yard and French drains
Remodeled kitchen with granite counters and stainless appliances
Gas range with a dual convection oven
Hardwood and tile flooring
Gas fireplace
Keepin’ Cool in Katy, Texas: $255,555
Median List Price in Katy: $325,000
This all-brick home was built in 1994 and offers single-level living in the heart of one of Houston’s top-rated master-planned communities. Features include:
Neighborhood water park, swimming pools, tennis courts, pocket parks and walking trails
Granite counters and stainless appliances in kitchen
Home office with French doors
Hardwood flooring
Large utility room
Fenced-in backyard with in-ground sprinkler system
High-efficiency HVAC system that’s just two years old
Modern Tudor in Olathe, Kansas: $250,000
Median List Price in Olathe: $281,000
Built in 1993, this California split-level home comes with lake privileges and is located just 30 minutes outside of Kansas City, Missouri. Features include:
Open floor plan with natural light and vaulted ceilings
Updated kitchen with granite counters, enameled cabinets and stainless appliances
New designer carpet
Wood-burning fireplace
Finished walk-out basement
Plush landscaping with deck and brick patio
Three community pools, tennis courts, playgrounds and a private lake
Wide-Open Spaces in Acworth, Georgia: $233,000
Median List Price in Acworth: $250,000
Located at the end of a cul-de-sac, this Atlanta-area home was built in 2003 and boasts the biggest bang for the buck on our list. Features include:
Open-concept plan with two-story foyer and family room
First-floor master suite with walk-in closets
Stainless appliances and laminate counters
Formal dining room with wainscoting
Hardwood flooring in foyer, kitchen and breakfast area
Fenced-in backyard
Large walk-in attic
How Far Can Your Money Go Where You Live?
Whether you’ve got $100,000 or $500,000 to spend on a new home, an experienced real estate agent can help you find a home you love in your budget. Look for a pro who’s been in the business for at least four years and brings your best interests to the negotiation table.
If you’re looking for advice you can trust, why not partner with Riverbend Home Buyers? We are committed to top-notch service every step of the way!
View the original post at daveramsey.com https://www.daveramsey.com/blog/how-much-250000-buys-in-different-cities
