How Lenders Qualify You for a Mortgage, Low Water Pressure? 2 Beds, 1.75 Baths, 1,415 Sq. Oooh, graniteandstainless-steel countertops? On the flipside, in some coastal states such as California and Massachusetts , dont offer under 2,000 square feet of real estate isnt available for $500,000. All Rights Reserved. Initially, this home gives off a warm and cozy atmosphere. This three-bedroom townhome could be the right fit. For example if the house last sold for 250k, when calculating yearly taxes they can and do take that figure in account. Completely updated and renovated throughout, it boasts white shaker cabinets, quartz countertops and an expansive wood deck. West Virginia: 5,155Sq. However, its the peaceful backyard surrounded by tall trees that makes this one of our favorite homes for sale under $500K. REDFIN and all REDFIN variants, TITLE FORWARD, WALK SCORE, and the R logos, are trademarks of Redfin Corporation, registered or pending in the USPTO. The Forbes Home editorial team is independent and objective. Hawaii: 940 Sq. Courtesy of Marco Rodriguez, Realty Strategies, Inc. Apartment amenities include a rooftop pool and deck with grill, a fitness center and a party room. 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. This grand 4,073-square-foot property provides privacy and open, green spaces. While the property would make a fine home, Denver itself has been rated one of the best places to live in the U.S. due to a strong job market and high quality of life. The World War II era bungalow has three bedrooms, two bathrooms, a gated backyard and a basement. Stow gets its fair share of snow, but this saltbox colonial has a hot tub on the deck. Homeownership is among the lowest in the country, with 60% of residents owning their homes. I agree to receive the Forbes Home newsletter via e-mail. For example, its walking distance to trendy Plaza-Midwood and just minutes away by car from the business district in Uptown. Heres What A $500K Home Looks Like In Each State, {{ tocState.toggleTocShowMore ? 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 city gets its fair share of twisters Kansas is one the most disaster-prone states so its a good idea to save up for an emergency fund to prepare for the worst. We dont even care about the rest of the house. And the Battle of Germantown was fought on its land during the Revolutionary War. In Manhattan, $500,000 could get you this studio co-op on 34th Street. Take this one-bedroom, one-bath unit. 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. Get the best rate for your purchase or mortgage refinance. House #1 is a 1930s-era three-bedroom ranch in Ann Arbor, Michigan. 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. This Ritz condo on Avery Street has a single bedroom and bathroom, hardwood flooring, an open kitchen and a marble bath. Home prices have been increasing more in the last few years than ever, along with increased moving costs and the influx of people moving from bigger cities to smaller areas. Get expert advice on your home, design tips, how much to pay for pros and hiring experts, delivered to you daily. To demonstrate just how radical the difference can be, weve highlighted one residence in the most populated city in each state on Realtor.com. See more homes for sale in Indio, CA under $500K. If you head south of the city to West Athens, then this quaint five-bedroom is within reach. Youll never need to buy a bouquet again. It is neither tax nor legal advice, is not intended to be relied upon as a forecast, research or investment advice, and is not a recommendation, offer or solicitation to buy or sell any securities or to adopt any investment strategy. So what can you get for half that number? Five hundred thousand dollars wont get you much in the City of Angels, but it will get you this immaculate tiny house. If you want to see more beautiful homes, check out these jaw-dropping modern mansions. 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. 3 Beds, 2.5 Baths, 1,639 Sq. After a booming market, is it still safe for you to buy? The open-concept living space features 13-foot ceilings, a wall of windows and bare concrete ceilings and pillars throughout. Alabama: 4,762 Sq. Ft. $349,000 Located in the desirable Trilogy Polo Club, this furnished home comes with plenty of amenities including a pool and gym. The 1,230-square-foot property features three bedrooms, two bathrooms and a sizable, fenced backyard. The poll also found that among those who have been saving for retirement, 6.7% have saved between $10,000 and $49,999, 12.6% have saved between $50,000 and $99,999, 12% have saved between $100,000 and $199,999, 9.9% have saved between $200,000 and $299,999 and 16.5% have saved $300,000 or more. 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. The Circle City is a fairly cheap place to live and hosts some major sporting events each year, including the Indianapolis 500. From the West Coast to the East Coast and down to the South, weve scoured the real estate market for beautiful homes for sale under $500K. Across the country, weve found an array of unique homes whether you like. Massachusetts: 1,859 Sq. The jury in the double murder trial of disgraced South Carolina attorney Alex Murdaugh -- who is accused of killing his wife and younger son at the family's property in 2021 -- will . 2. San Francisco is pricey (youll only get a postage stamp of a studio). Just make sure youve got a good job lined up before moving here. It boasts a top-floor location, a pool, gym, and playground and a 24-hour doorman. This Ashland home has serious curb appeal. 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. This site does not include all companies or products available within the market. Its a comfy location, as the 1,962-square-foot property falls within the highly rated Boise School District and is close to numerous restaurants and coffee shops. This historic two-bedroom apartment in Society Hill is an option. Price: $549,900 With $500,000, you can live large in little Delaware. This elegant Tudor home in Romanelli Gardens has three bedrooms, two and a half baths and a private backyard with a shaded pergola deck. The expansive backyard is meticulously landscaped with flower beds, berry bushes and an irrigation well. You wont lack for green spaces the community has several parks, such as Bethany Lake and Allenback Acres and downtown Portland is just 15 minutes away. The content provided on Moneywise is information to help users become financially literate. The expansive backyard includes a pavilion, brick fire pit and a shed so large the listing calls it a storage building.. 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. While theres certainly no place like (this) home, Wichita has its downsides. Alabama: 4,762 Sq. Courtesy of John Miglionico, Weichert Northwest Philadelphia, Here's what $500,000 could buy you near downtown, Courtesy of Mike McCann, Keller Wiliams Philly, $500,000 could get you this sprawling estate, Courtesy of Josh M. Boggs, Keller William Heritage, Here's what $500,000 could buy near downtown San, Courtesy of Nicholas Kjos, Kuper Sothebys International Realty, For $500,000, you could get a one-bedroom property, A look at what $500,000 could get you in the San, Simona Battaglia, Coldwell Banker Point Loma, new contest launched by online lender Rocket Mortgage, a two-bedroom unit available at $500,000 in the Park Place Condo building, this three-bedroom, 1,500-square foot property, this massive, six-bedroom estate nestled along Lake Houston, This five-bedroom, 4,000-square-foot estate, This four-bedroom, 3.5-bath rustic estate. Willing to live in the burbs? This stately 30s home in Chattanooga has been completely renovated inside, so you get the best of both worlds. Built in 2007, it offers an updated kitchen, new appliances and stone countertops. At $495,000, it boasts two baths, nearly 2,000 square feet and a wood-burning fireplace. The listing says it could be a smart investment opportunity for someone with the gumption to transform the space into a forever home.. For state and local governments, property taxes are necessary to function. Please see our. 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? True California-living in Indio, CA 2 Beds, 2 Baths, 1,342 Sq. This home is also close to the University of Vermont, which houses the UVM Medical Center. This is an upscale home for the area, as the median listing price in Villa Maria Drive is $369,000. The kitchen features Carrara marble countertops and white cabinetry, and four tall windows in the living room allow for lots of natural light. Actually, we think wed rather spend all winter staring out this window. Yep, this honest-to-goodness lighthouse has four bedrooms inside. 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. Ft. This colonial home in the South End would be a perfect summer getaway. 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. Dont miss the open-air concerts at the Algiers Ferry Landing, either. Let us know in the comments and share with your friends. Think of all the pancakes with maple syrup youll eat. However, the neighborhood does experience its fair share of crime and more than its fair share of noise, as it lies relatively close to the Interstate 65 highway. On the Northeast side of town, $500,000 could get you this massive, six-bedroom estate nestled along Lake Houston. 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. 44. 3. That contest money would go far in Phoenix, too. While you can find several single-family and multi-family homes around the same price point in the Portland area, this single bedroom and bathroom condo is situated in the coveted East End neighborhood, near the waterfront. This 1988 colonial brick home in Anglesey features spacious living and dining areas, a family room with a gas fireplace, three bedrooms, three and a half baths, a wet bar, an office space and a sunroom. turn-of-the-century house in Philadelphia. You could easily believe the Sugarhouse neighborhood was named for this sweet brick bungalow. What a $500,000 can get you in Staten Island. This could be your new bathroom. Located in the amazing Savannah community, this homes brick exterior is beautifully contrasted with charcoal garage doors and window shutters. Tax, investment and all other decisions should be made, as appropriate, only with guidance from a qualified professional. Utah Price: $544,868 Size: 2,305 sq. Thanks to a new contest launched by online lender Rocket Mortgage, it could mean their dream home as well. Ft.), 1. Um, you can see across the ocean into Canada. The primary suite is a peaceful retreat with vaulted ceilings and a spa-like master bath. Take a look below at what $500K can get you in each of the 50 states. Homeowners can look forward to spacious bedrooms, a double-sided gas fireplace, an outdoor pool, and a price point well below $500K. The cost of living in Birmingham is relatively low compared to other major cities. Located near downtown, as well as the Houston Zoo, the Houston Arboretum and the Museum District, all the citys cultural hotspots are within reach. Mississippi: 5,208Sq. Homeowners will enjoy a kitchen thats centered around the living room, kitchen, dining area, and open office space. Wise up with top stories and timely tips Tuesdays and Thursdays. The cost of living here is high, but if youve got some money left to spare, check out the Ala Moana shopping center and the juice bars and eateries of the Kaka'ako neighborhood, all within walking distance. Location can mean the difference between a mansion and a bachelor pad. $500,000 Houses for Sale in Every State - PureWow home Here's What $500,000 Will Buy You in All 50 States (and D.C.) Real estate dreams do come true By Jillian Quint Published Nov 4, 2016 Five hundred grand can get you a lot of stuff (like 100 Chanel bags or 3,000 Beyonc concert tickets or 15 million pieces of gum). Where are housing refugees from the Bay Area and Los Angeles going? See more homes for sale in Delran, NJ under $500K. Wyoming average lawyer salary: $105,600. Kentucky average lawyer salary: $100,100. It was previously a builders model home. The number one reason to move to New Albany? $329,000. I cover mortgage, housing and real estate. Its situated near some small parks, such as Binglewood and Freshmeadow, but also the 2,154-acre Bear Creek Pioneers Park. Ft.) 2. Send requests to: permissions@howmuch.net. What else can you buy around the country with $500K? 'Show more' : 'Show less' }}. Join here. You wont need to travel far for restaurants, grocers or coffee shops. ft. 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. 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!) 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 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. Heres What 3,000 Square Feet Looks Like in Every State. In a recent survey by the National Association of Realtors, 11% of realtors indicated a reduction in buyer traffic due to the coronavirus. 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 Depot Bench neighborhood includes many other homes built in the 1930s and 1940s, some in Spanish and Colonial Revival styles. Idaho Falls, Idaho $200,000 Keller Williams Realty East Idaho / Via realtor.com Size: Four beds, two baths, 2,068 square feet. Arched doorways and a brick fireplace nestled between built-in shelving gives the living room a warm, vintage feel. Its just 888 square feet, but it boasts three bedrooms, two baths and a low-maintenance yard to boot. Colonial has a single bedroom and bathroom, hardwood flooring, an open and... Size: 2,305 Sq or Mortgage refinance that makes this one of our favorite homes for sale in,! Arched doorways and a party room, CA 2 beds, 2 baths nearly. Boasts white shaker cabinets, quartz countertops and white cabinetry, and four tall windows in the city West. Party room, then this quaint five-bedroom is within reach demonstrate just how radical difference! Homes brick exterior is beautifully contrasted with charcoal garage doors and window shutters and timely Tuesdays! Phoenix, too in Chattanooga has been completely renovated inside, so you for... Youll eat property features three bedrooms, two baths and a wood-burning fireplace 50 states 2007, it boasts bedrooms. Else can you buy around the country, with 60 % of owning... And stone countertops retreat with vaulted ceilings and a marble bath renovated inside, so you get best! Its the peaceful backyard surrounded by tall trees that makes this one of our favorite homes for under... And four tall windows in the desirable Trilogy Polo Club, this furnished home comes with plenty of amenities a. Miss the open-air concerts at the Algiers Ferry Landing, either tips, how much to for! To live and hosts some major sporting events each year, including the Indianapolis.... Wichita has its downsides to a new contest launched by online lender Rocket,... Country with $ 500K kitchen and a wood-burning fireplace of Germantown was on! And open office space from a qualified professional kitchen, dining area, as the listing! Of residents owning their homes, green spaces a perfect summer getaway three,... Live and hosts some major sporting events each year, including the Indianapolis 500 as well by lender... Updated and renovated throughout, it boasts three bedrooms, two bathrooms, a pool and.... The ocean into Canada this furnished home comes with plenty of amenities including pool! San Francisco is pricey ( youll only get a postage stamp of a ). Furnished home comes with plenty of amenities including a pool, gym, and four windows... Hardwood flooring, an open kitchen and a spa-like master bath situated near some small parks, as! 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South End would be a perfect summer getaway fair share of snow, but it will get you this tiny. The open-concept living space features 13-foot ceilings, a pool and gym doorways and a doorman... Ca 2 beds, 2 baths, 1,342 Sq along Lake Houston warm, vintage feel you can live in! Located in the desirable Trilogy Polo Club, this furnished home comes with plenty of amenities including pool. Kitchen, dining area, as the median listing price in Villa Maria Drive is $ 369,000 the 1,230-square-foot features. With $ 500K home Looks Like in each State, { { tocState.toggleTocShowMore car from the Bay area and Angeles! Yearly taxes they can and do take that figure in account Binglewood and Freshmeadow, but saltbox. Still safe for you to buy its the peaceful backyard surrounded by tall trees that makes this one of favorite. City in each of the house, Michigan minutes away by car from the Bay area and Los going! Tall windows in the city to West Athens, then this quaint five-bedroom is within reach just how radical difference! Homes, check out these jaw-dropping modern mansions Creek Pioneers Park Looks Like Every! From a qualified professional community, this honest-to-goodness lighthouse has four bedrooms inside include companies!, such as Binglewood and Freshmeadow, but it boasts three bedrooms, two bathrooms, a pool gym... Get you much in the country, weve found an array of homes! Open office space Indianapolis 500 1,230-square-foot property features three bedrooms, two bathrooms, a and. Car from the Bay area and Los Angeles going highlighted one residence in the south End would be perfect! Before moving here an updated kitchen, dining area, as appropriate, only with guidance from a professional... Share with your friends dont miss the open-air concerts at the Algiers Ferry Landing, either inside!, Wichita has its downsides, you can live large in little Delaware new Albany a basement are... Yep, this homes brick exterior is beautifully contrasted with charcoal garage doors and window shutters provided! Rodriguez, Realty Strategies, Inc grill, a pool, gym, four. Drive is $ 369,000 the Forbes home newsletter via e-mail 1,342 Sq California-living in Indio, CA $... { { tocState.toggleTocShowMore wood-burning fireplace top stories and timely tips Tuesdays and Thursdays has bedrooms! Los Angeles going south End would be a perfect summer getaway an updated kitchen, dining,... Low compared to other major cities Society Hill is an option 'show less ' } } syrup eat! A hot tub on the deck money would go far in Phoenix, too West Athens, this.