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Housing price snapshot: What $200,000, $500,000 and $1 million buys in 4 cities
By Christopher Solomon of MSN Real Estate
It's finally spring — which means the homebuying season is about to begin in earnest.
Are you wondering if you should make the move to a new home, or even to a new home in a new city? Here's a glimpse at how much home your dollars buy you in four different cities and at three different price points: $200,000, $500,000 and $1 million.
This month we're highlighting Austin, Texas; San Jose, Calif.; Winston-Salem, N.C.; and Omaha, Neb.
How do homes on the market where you live compare with these cities? Click on and find out.
NOTE: All descriptive information is courtesy of listing agents. Properties were on the market and listed as available at the time of publication unless noted otherwise.
Are you wondering if you should make the move to a new home, or even to a new home in a new city? Here's a glimpse at how much home your dollars buy you in four different cities and at three different price points: $200,000, $500,000 and $1 million.
This month we're highlighting Austin, Texas; San Jose, Calif.; Winston-Salem, N.C.; and Omaha, Neb.
How do homes on the market where you live compare with these cities? Click on and find out.
NOTE: All descriptive information is courtesy of listing agents. Properties were on the market and listed as available at the time of publication unless noted otherwise.
- On our blog, 'Listed': Buy a castle with a moat in Miami
Housing price snapshot: What $200,000, $500,000 and $1 million buys in 4 cities
By Christopher Solomon of MSN Real Estate
It's finally spring — which means the homebuying season is about to begin in earnest.
Are you wondering if you should make the move to a new home, or even to a new home in a new city? Here's a glimpse at how much home your dollars buy you in four different cities and at three different price points: $200,000, $500,000 and $1 million.
This month we're highlighting Austin, Texas; San Jose, Calif.; Winston-Salem, N.C.; and Omaha, Neb.
How do homes on the market where you live compare with these cities? Click on and find out.
NOTE: All descriptive information is courtesy of listing agents. Properties were on the market and listed as available at the time of publication unless noted otherwise.
Are you wondering if you should make the move to a new home, or even to a new home in a new city? Here's a glimpse at how much home your dollars buy you in four different cities and at three different price points: $200,000, $500,000 and $1 million.
This month we're highlighting Austin, Texas; San Jose, Calif.; Winston-Salem, N.C.; and Omaha, Neb.
How do homes on the market where you live compare with these cities? Click on and find out.
NOTE: All descriptive information is courtesy of listing agents. Properties were on the market and listed as available at the time of publication unless noted otherwise.
- On our blog, 'Listed': Buy a castle with a moat in Miami
Housing price snapshot: What $200,000, $500,000 and $1 million buys in 4 cities
Austin: $200,000
- 3 bedrooms, 2 baths
- 1,852 square feet
- Year built: 1994
- Price: $205,000
- View this listing
"We are up 10% in home sales versus one year ago, and our inventory is down 19.3% versus a year ago, making for an extremely competitive market," says Jessica Licona of Licona Team. "I haven't seen a market like this in years. We are certainly back to a sellers market."
Realtor.com: Browse other homes in Austin.
- Bing Cube: Check out photos of Austin
- Video: Stunning homes for $200,000
- On our blog, 'Listed': Death knell for the suburbs?
Housing price snapshot: What $200,000, $500,000 and $1 million buys in 4 cities
Austin: $500,000
- 4 bedrooms, 4 baths
- 3,435 square feet
- Year built: 2001
- Price: $500,000
- View this listing
Realtor.com: Browse other homes in Austin.
- Video: Wacky home-seller tactics
- On our blog, 'Listed': Buyers want smaller homes and urban life
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Housing price snapshot: What $200,000, $500,000 and $1 million buys in 4 cities
Austin: $1 million
- 4 bedrooms, 4 baths
- 4,531 square feet
- Year built: 2006
- Price: $1 million
- View this listing
"This home is a wonderful example of why people from all of the country are relocating to Austin: $1 million goes a long way here," says listing agent Laurel Prats of Turnquist Partners. "While the Austin market has remained strong, the Lake Travis area was hit hard because of large inventory numbers and the low lake level. The market in this area is finally rebounding, and it may be buyers' last chance to get a deal in Austin," Prats says.
Realtor.com: Browse other homes in Austin.
Slide show: 10 most miserable cities of 2012
- MSN Living: Rent or buy?
Housing price snapshot: What $200,000, $500,000 and $1 million buys in 4 cities
San Jose: $200,000
- 2 bedrooms, 2 baths
- 1,067 square feet
- Year built: 1989
- Price: $205,000
- View this listing
This contemporary, split-level condo is an open and airy end unit with a cathedral ceiling, a fireplace and a big balcony off the master bedroom that takes in the surrounding neighborhood. There's also a one-car attached garage plus one reserved parking space. It just sold — for much above its asking price, Chavez says.
NOTE: This property is no longer listed.
Realtor.com: Browse other homes in San Jose.
- Bing Cube: Check out photos of San Jose
- Video: Stunning homes for $200,000
- On our blog, 'Listed': Death knell for the suburbs?
Housing price snapshot: What $200,000, $500,000 and $1 million buys in 4 cities
San Jose: $500,000
- 3 bedrooms, 2 baths
- 1,700 square feet
- Year built: 1917
- Price: $505,000
- View this listing
"We are experiencing a robust market for homes in the $500,000 price range in the greater San Jose area, as this is below the median price for our area," listing agent Lisa Grisalin says. "The low interest rates are instrumental in fueling the market."
NOTE: This property is no longer listed.
Realtor.com: Browse other homes in San Jose.
- Video: Wacky home-seller tactics
- On our blog, 'Listed': Buyers want smaller homes and urban life
- MSN Money: The best way to build your credit score
Housing price snapshot: What $200,000, $500,000 and $1 million buys in 4 cities
San Jose: $1 million
- 4 bedrooms, 3 baths
- 2,560 square feet
- Year built: 1949
- Price: $959,000
- View this listing
Realtor.com: Browse other homes in San Jose.
Slide show: 10 most miserable cities of 2012
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Housing price snapshot: What $200,000, $500,000 and $1 million buys in 4 cities
Winston-Salem: $200,000
- 3 bedrooms, 2.5 baths
- 1,634 square feet
- Year built: 2005
- Price: $205,900
- View this listing
Realtor.com: Browse other homes in Winston-Salem.
- Bing Cube: Check out photos of Winston-Salem
- Video: Stunning homes for $200,000
- On our blog, 'Listed': Death knell for the suburbs?
Housing price snapshot: What $200,000, $500,000 and $1 million buys in 4 cities
Winston-Salem: $500,000
- 4 bedrooms, 4 baths
- 3,180 square feet
- Year built: 2011
- Price: $509,900
- View this listing
"The Winston-Salem area market has continued to be steady in modest price ranges, with pockets of higher-end homes selling as well," listing agent Tori Boysen says. "Success in a challenging market is based on four factors, including location, quality of construction or renovations, neighborhood amenities and price."
Realtor.com: Browse other homes in Winston-Salem.
- Video: Wacky home-seller tactics
- On our blog, 'Listed': Buyers want smaller homes and urban life
- MSN Money: The best way to build your credit score
Housing price snapshot: What $200,000, $500,000 and $1 million buys in 4 cities
Winston-Salem: $1 million
- 5 bedrooms, 4 baths
- 5,000-plus square feet
- Year built: 1999
- Price: $1 million
- View this listing
"As one of America's 50 best cities as chosen by Bloomberg Businessweek in 2011, Winston-Salem is back on folks' radar as a great place to relocate," listing agent Paige Dillon says.
Realtor.com: Browse other homes in Winston-Salem.
Slide show: 10 most miserable cities of 2012
- MSN Living: Rent or buy?
Housing price snapshot: What $200,000, $500,000 and $1 million buys in 4 cities
Omaha: $200,000
- 3 bedrooms, 3 baths
- 2,665 square feet
- Year built: 1992
- Price: $197,000
- View this listing
This recently reduced home has three bedrooms on the main level, and more than 1,000 square feet of living space in the basement. An open kitchen leads to a great room with a dinette and deck access to a fenced yard. Updated bathrooms have granite and oil-rubbed bronze fixtures. The home is close to a grocery and YMCA, and a large nature preserve is within walking distance.
Realtor.com: Browse other homes in Omaha.
- Bing Cube: Check out photos of Omaha
- Video: Stunning homes for $200,000
- On our blog, 'Listed': Death knell for the suburbs?
Housing price snapshot: What $200,000, $500,000 and $1 million buys in 4 cities
Omaha: $500,000
- 4 bedrooms, 5 baths
- 4,154 square feet
- Year built: 2010
- Price: $500,000
- View this listing
"This year the real-estate market has picked up from the previous few years," listing agent Lance Cole says. "The Omaha market appears to be recovering well."
Realtor.com: Browse other homes in Omaha.
- Video: Wacky home-seller tactics
- On our blog, 'Listed': Buyers want smaller homes and urban life
- MSN Money: The best way to build your credit score
Housing price snapshot: What $200,000, $500,000 and $1 million buys in 4 cities
Omaha: $1 million
- 3 bedrooms, 4 baths
- 3,348 square feet
- Year built: 2010
- Price: $999,999
- View this listing
"I am very optimistic about our market in Omaha, if sellers are truly motivated to sell and they work with a top agent to get their home in the right position, condition, price and commission," says agent Teresa Elliott of Prudential Ambassador.
Realtor.com: Browse other homes in Omaha.
Slide show: 10 most miserable cities of 2012
- MSN Living: Rent or buy?
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