Tax, investment and all other decisions should be made, as appropriate, only with guidance from a qualified professional. 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. 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. At $495,000, it boasts two baths, nearly 2,000 square feet and a wood-burning fireplace. 12 Things in Your House That Are Making You Unhappy. See more homes for sale in Houston, TX under $500K. 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. READ REDFINS FAIR HOUSING POLICY. Follow along to find out what half a million could get you in your home state and across the country. Tax, investment and all other decisions should be made, as appropriate, only with guidance from a qualified professional. While the home is nothing to write home about, US News ranks Portland as one of the best places to live in the nation, thanks to its high quality of life, low unemployment, low violent crime rates and decent school systems. If we buy this home in the Boise foothills, can we keep the furniture? Yep, we think were gonna like it here. This four-bedroom, 3.5-bath rustic estate is just one example of what that chunk of change can net you. Anglesey is an unincorporated community with few amenities, but the city of Wilmington is just a five-minute drive away. Well, that depends on where those winners are located. Ft. ($552/Sq. I agree to receive the Forbes Home newsletter via e-mail. If you realllly dont like having neighbors, this home in Keystone is surrounded by thousands of acres preserved by the National Forest Service. This Ranch style home is anything but ordinary with its vaulted ceilings, unique rock wall with an arched doorway, and a sleek kitchen. Alabama: 4,762 Sq. West Virginia: 5,155Sq. 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. Ft. 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. E-mail me the best content from Howmuch.net. The open-concept living space features 13-foot ceilings, a wall of windows and bare concrete ceilings and pillars throughout. There is a huge difference between living in a 1,000 square foot house versus a 10,000 . Ft.) Its also situated in the highly rated Andover School District. This elegant cul-de-sac property in Chesopeian Colony is around 10 minutes away from the beach. Just pick wildflowers on your 97(!) This picturesque Country Tudor home straight out of a storybook features oak hardwood floors, Carrara marble countertops in the kitchen and bathrooms and a half-acre, gated backyard. When you get tired of casino hopping, you can hop into the pool at your Vegas oasis. The housing market has performed well in recent quarters, with the average rate on 30-year loans rising to 3.36% from 3.29%, making it the lowest level in 50 years. Whether that falls into your budget or not, make sure to compare rates from different lenders before you settle on a mortgage. While each of these homes is stunning, they vary widely by size. 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. Take this one-bedroom, one-bath unit. The 3,683-square-foot furnished property is minutes away from the waterfront, downtown Louisville and the historic Old Louisville neighborhood. Youll never need to buy a bouquet again. Two Super Bowl viewers could get $500,000 toward. We earn a commission from partner links on Forbes Home. The Old Port historic district, also within walking distance, boasts an array of clothing boutiques, pubs, bars and restaurants. However, its the peaceful backyard surrounded by tall trees that makes this one of our favorite homes for sale under $500K. Have a family of 15? Washington, D.C.: 906 Sq. This cute little 1926 gem had us at white picket fence.. 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. Dream summer home. 44. This backyard of this house near Palm Beach is begging for a pool party. This exquisite English Tudor home is nestled within The Woods at Josephinum neighborhood in Worthington, a northern suburb of Columbus. Check. It has four bedrooms, three bathrooms and one half-bath and features a partially finished basement, a large sunroom and a stone patio with a stone fireplace and grill. Twenty acres of farmland? Six acres of land? In Manhattan, $500,000 could get you this studio co-op on 34th Street. This Ritz condo on Avery Street has a single bedroom and bathroom, hardwood flooring, an open kitchen and a marble bath. Courtesy of Mimi Lee, Realty ONE Group United. We dont even care about the rest of the house. This grand 4,073-square-foot property provides privacy and open, green spaces. Well Help You Unpack the Answer, Is Solar Energy Renewable? Arched doorways and a brick fireplace nestled between built-in shelving gives the living room a warm, vintage feel. 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. Might not seem like much for $500,000, but the median listing price in the neighborhood is just under $1 million. 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. SmartFinancial compares quotes from over 200 insurance companies to check for discounts and help you find lower rates in your area. 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. Warren Buffett isnt the only one thriving in Omaha, which has a relatively low cost of living and unemployment rate. Cost per Square Foot: $236 Average downpayment (12%): $65,384 The content provided on Moneywise is information to help users become financially literate. Spending your $300,000 homebuying budget in a state such as West Virginia or Mississippi will get you much more living space than what that same bundle of cash will get you in Hawaii or the. Hospitals are less than 10 minutes away, and Kansas City houses several professional theaters and museums, such as the Nelson-Atkins Museum of Art and the National World War I Museum. Get the best rate for your purchase or mortgage refinance. Ft. Top 5 States with the Most Real Estate Purchased with $500,000 1. Located in the amazing Savannah community, this homes brick exterior is beautifully contrasted with charcoal garage doors and window shutters. Lets just hibernate in this Bayfield cabin for the rest of the winter. This newly constructed ranch home in Cheyenne offers a quiet rural existence, although itll take you just 15 minutes by car to get to the heart of the city. Well just live in this walk-in closet. 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 . 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. 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. Ft. ($105/Sq. Mott Haven faces the waterfront and features a mix of industrial and residential buildings. National parks abound, and the gorgeous Curt Gowdy State Park is less than an hours drive away from Cheyenne. 4. Check out the first-time homebuyer programs available in Arizona. The content provided on MoneyWise is information to help users become financially literate. These variables can affect the overall cost of getting the house and make it unaffordable if you earn below $100,000. 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. But are you sure youre not paying too much for home insurance? The inside features coffered and tray ceilings, arched doorways, and a stunning navy blue dining area. If you are looking to purchase more real estate for your money, head south: Mississippi and West Virginia are the only states in America where half a million dollars will get you more than 5,000 square feet. Dont miss the open-air concerts at the Algiers Ferry Landing, either. This spacious mid-rise condo is a treat for anyone who appreciates the industrial look. 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. But if you can hack the weather, this 2,388-square-foot, two-story log home could be an extremely cozy home. Indiana Median price per square foot: $86 $300,000 buys. This could be your new bathroom. 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. Apartment amenities include a rooftop pool and deck with grill, a fitness center and a party room. 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. Prices are soaring in the City of Angels. This Spanish residence in the Galway Meadows community is positively palatial. Homeownership is among the lowest in the country, with 60% of residents owning their homes. The house was built in 1979, but the exterior was redone in 2019. New Mexicos first-time buyers are competing with out-of-staters for homes in affordable Albuquerque, causing a shortage and driving up prices. For two lucky viewers, this years Super Bowl wont just mean bragging rights or a smorgasbord of finger foods and beer. The median listing on Realtor.com is a whopping $950,000. If youre not a nature lover, bustling Center City is just a short drive or train ride away. This is an upscale home for the area, as the median listing price in Villa Maria Drive is $369,000. $489,000. Across the country, weve found an array of unique homes whether you like craftsman style, modern, traditional, or minimalist. Homes typically sell for around $419,900, though properties on the Crescent Rim and Owyhee streets can go for over $1 million. Ft. ($269/Sq. Ft. Indiana. It can also get you some amazing real estate all over the country, from a tiny studio in a cool city to a giant mansion in the countrysideto, um, a lighthouse. Sales per square foot range across the country from $98/sq ft in Mississippi to $552/sq ft in Washington, D.C. A home in West Virginia can be purchased for one-third the price of one in Washington, D.C. 30-year mortgage rates recently hit 3.29%, the lowest in 50 years, a promising indicator for home buyers. 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. turn-of-the-century house in Philadelphia. According to Realtor.com, the median listing price for a home in the United States is just under $300,000. Use SmartFinancial right now and stop overpaying for home insurance. If that sounds enticing, just remember that Seattle is one of the costliest cities to live in, especially for millennials, with a median listing price of $725,000. Ft. ($259/Sq. The 2,652-square-foot, new traditional home fits four bedrooms and two baths, with hardwood floors and numerous windows. 2 Beds, 1.75 Baths, 1,415 Sq. Do you want to republish our data visualizations and/or articles? See more homes for sale in Savannah, TX under $500K. 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