How much do homes in your neighborhood go for?

[dorkusmalorkusmafia]

I am particularly interested in foreign countries (Especially European places... damn Prague is beautiful)but all comers are welcome.

In my neighborhood in DC 3 bedroom townhomes have an average price of around $500,000. :eep: You can get them cheaper or more expensive but that is about the average price. If you go 10 blocks into Scary Adjacent Neighborhood, you can get an identical townhome for under $150,000.

[Arleth]

Well, to answer your question, I am lucky in that my home has been a 'family' home for quite a few decades so no need to purchase. But in the past few years this has become a place where the London city types like to buy up and commute to work so that has driven the prices up.

For us, I guess a three bedroom house would be around $300k - $400k in your terms, but it depends on the area and the house of course.

[NurseCarmen]

two-fiddy. I bought my home 5 years ago for under 100. Man, I'm glad I bought then.

[Emilio Lizardo]

Well, Mrs Lizardo (the former Penny Priddy) and I just picked up a pleasant 3 bedroom, 2 1/2 bath cape cod / colonial cross breed out here in Hyattsville for less than 160K. This is becoming the area where educated, reasonably well-paid people who don't want to shell out for DC/NoVa/MoCo prices are moving to.

[zoid]

We paid $380K 6 months ago for our 4 bedroom 1 1/2 bth home, and found out lat week it is currently appraised by our lender and insurance company for $60K more than we paid.

Home prices around here are really going up quickly.

[peri]

Too stinking much! Two newly built, 3 bedroom single family homes down the block went for 750,000 each. A rehabbed 4 bedroom a few blocks away just sold for 1.4 million.

[pingalondon]

Where we are in London, a full terrace house will set you back at least £1 million.

1 bed flat - £300,000+

A flat with a view over the park, well you're up near the £1 mil mark again.

This is why we are renting a shoe box!

[Hedda Rosa]

San Francsico - some of the most expensive real estate around.

Crappy 1200 square foot fixers go for $500,000 and up in my neigborhood. New condos down the street start at $790,000 for the 750 square foot one-bedroom ones.

Twiddle

[Dumbguy]

I live in Santa Monica (West LA), and it’s dangerous for your psyche to even look at homes here. I recently saw a story on the news that said Santa Monica has the most expensive real estate in California with the average house going for over 1.8 million. Of course that’s the average, so you could probably find a one-bedroom shoebox directly in the flight path of LAX with termites and a family of armed squatters in the garage for 750,000.

[Nightsong]

Heh. Where I'm at (South-central U.S.), it all depends on which direction you look.

Go a block or two one way, houses are 2 million, give or take a half million or so.

Go a block or two another way, and they're 30k or less.

Right where I'm at, it's $100,000 - $200,000, depending on size and distance away from the 30k ones.

I swear, I've never lived in an area that's so mixed-up in terms of real estate. You'll have about two-blocks of really good homes, then boom! Two blocks of really crappy ones. I have little clue as to why.

___
<< Yum. >>

[Roadfood]

Originally posted by Twiddle
San Francsico - some of the most expensive real estate around.

Crappy 1200 square foot fixers go for $500,000 and up in my neigborhood. New condos down the street start at $790,000 for the 750 square foot one-bedroom ones.

Wow. We paid that much ($795,000) for a nine-year old four bedroom, 2600 square foot detached house in San Jose (Cambrian area) about six months ago.

One more reason I don't live in San Francisco.

[maralinn]

In my immediate neighborhood, they're probably $60,000 to $100,000. We have a small "Cape Cod cottage" in a sleepy midwestern city, pop. c. 125,000.

[FairyChatMom]

Our development is about 3 years old and about a 40-50 minute drive from downtown Jacksonville. The houses range from about 1100-2000+ sq ft, all have 2 car garages and small lots (less than 1/4 acre mostly) New, they went for $106K-$140K, the more expensive ones had pools built and included in the mortgage. Our house is 1718 sq ft, and it's the only one with a basement (We're on the steepest lot) and we bought it for around $120K. I'll be putting it on the market in about a year, and I'm hoping to get $130K, assuming the economy doesn't totally crash. We are in the boundaries for the best high school in the county, so that should help.

[InternetLegend]

We're in a working-to-middle class kind of area, and houses around here go for between 100,000 and 175,000, depending on size (and which block they're on). Our house, an older one that's 2300 sq. ft, is the largest one on the block, around the corner from a park and just down the street from one of the city's best public schools, and we bought it for 131,500 a year and a half ago. If the same house were half a mile north (same school district, different park), it would have been at least 150,000. Newer houses in better (but not the best) neighborhoods go for 200-300K, and older houses in crappier (but not the worst) neighborhoods are running 70-90K.

[InternetLegend]

Oh, hey, and I'm in Albuquerque (largest city in the state, but nowhere near the most expensive). The same houses in Santa Fe would probably run at least 100K more.

[The Calculus of Logic]

LOL. move to eastern indiana. A 20 room 5 bedroom goes for about $350. A 3 bedroom goes for about $80k.

You can get a small house that isn't a fixer-upper for $50k here.

[Landshark]

Prices here in San Diego are out of control. For instance, 1-bed 1-bath condos are currently being offered at over $160,000.

[Dostromin]

$300,000 ish...
my place was $275,000 give or take 10,000

[AbbySthrnAccent]

House like mine, similar but different neighborhood.

[AbbySthrnAccent]

It's about 200k.

[chique]

There are really too many variables where I live, but I can tell you that prime building land is selling for about $5,000 an acre. In most cases you must buy at least 40 acres unless you apply for and receive a variance, but those are easy to get.

[mhendo]

Well, Baltimore is really a city of neighbourhoods, and rich areas and poor areas are often not far away from one another. I rent a one-bedroom apartment right near Johns Hopkins University (where i'm a grad student), and the housing prices around here vary quite dramatically.

Five or ten minutes' walk to the north is the Roland Park area, with big colonial-style houses, many with three through to six or seven bedrooms, that go for anywhere from about $250,000 to over $1,000,000, depending on the size of the house, the size of the lot, and its location (busy street vs. quiet cul-de-sac, etc.).

To the west of the university campus is Hampden, a working-class white area where most houses are two-storey row-houses. Some can be had for as little as $75,000, but prices in Hampden are generally over the $100,000 mark now.

A bit south of Hampden is Remington, a largely African-American working-class neighbourhood. Friends of mine recently bought a fairly nice two-storey rowhouse there for about $65,000.

There are other relatively poor African-American areas to the east - Waverly and Greenmount areas - and prices there are generally also pretty low, often well under $100,000.

Charles Village, where i live, is a mainly white neighbourhood, with lots of college students renting and quite a few middle-class professional families. Prices for a row-house range from sub-$100,000 to over $250,000, depending on the actual size of the house (two-level vs. three), condition, location, etc.

My girlfriend lives a few blocks from me in an apartment on the top floor of a three-storey row-house. The house has three apartments in total - one on each floor - and was recently sold as an investment property for around $175,000, i think.

This information is based on anecdotal information and fairly cursory research. If there are any other Baltimorons () here who have a better knowledge of the city's real estate market, i'd be happy to defer to their expertise.

Just to give a general indication of how reasonable housing prices are in some areas: My girlfriend and i are going to move in together in a few months, and we are still contemplating buying a place so that we aren't spending money on rent for the next three or four years that we'll be in Baltimore. We're still not sure whether we want the potential hassles of home ownership, but the fact that we can even consider this option on grad student incomes is testament to the city's low real estate prices. It wouldn't even be an option in NY, SF, DC, Chicago, or even in plenty of college towns.

[mhendo]

Of course, a city with between ten and fifteen thousand (yes, 10,000 to 15,000) empty houses is bound to have a relatively soft real estate market.

[Urban Ranger]

Somewhere between US$300 to US$1200 (and above) per square feet.

[Ethilrist]

Here in Saint Paul, houses on my block are in the $200K range. A couple blocks north (by the freeway), it's about $100K. Across the freeway (in the Midway, with all them disreputable types), it's about $50K.

Four blocks south of here, the mansions on Snelling go for $500K and up. Way up (hint: one of them is the governor's mansion...).

[jjimm]

Houses in my street in Dublin are selling for €260,000 (that's $260,000 of your Earth Dollars). They're tiny, 2/3 bedroom, terraced, and in a pretty bad area of the city, too. But I'm happy as I only paid €200,000.

[Anahita]

A three bedroom townhouse, new, like the one we live in would go for about 275,000 Euros in our development. If you move to a swankier neighborhood, you can pay up to 350,000.

A detached house? Not for less than 350,000Euros.

[Dolores Reborn]

Houses in my neighborhood go fro $90k to $150k...just down the street are homes in the $250k range...

[plnnr]

I'm in the process of building a 2200 s.f., 3 bedroom, 2.5 bath transitional home on 5.5 acres just outside fo Richmond, VA. The cost is $210,000. I'll call you when the pool's in.

[jjimm]

That's it, Anahita, I'm taking out a restraining order.

[Winnie]

I live in Northern Virginia just outside of DC. We paid $150K for our 4-bedroom, 4 bathroom, 3-level townhouse in 1999. We could sell it for nearly $250K right now. Housing prices are astronomical in this area. The urge to make $100K profit off our house is tempting, but where in the heck would we go? Down the street where 3-bedroom single families placed 5 feet apart from each other are going for $450K?

[TommyTutone]

North Atlanta (Alpharetta), in supposedly one of the fastest growing zip codes in the country. We paid $250k for a new 4-bedroom, 2 1/2 bath house (3300 sq ft) with unfinished basement sitting on a 1/2 acre of land in a cul-de-sac.

This was three years ago. Our neighbor, similar house/acreage/location just sold his house for $300k so I am hoping that for now at least, the increase in value is 'paying' the mortgage for us.

[Anahita]

Originally posted by jjimm
That's it, Anahita, I'm taking out a restraining order.

I swear, it's just a coincidence. You're not a very good stalkee. I've yet to receive a visit from the gardai or anything.

You just seem to go to the same places I go. You are a posting maniac, and I'm merely filling up time whilst I try to find a low-paying thankless job to pay for the overpriced kip we'll wind up in someday.

[coyasicanbe]

Bellingham, Washington; about an hour north of Seattle, or about a half-hour south of Canada.

We paid $170,000 for a 3-bedroom, 2-bath. About 2000 sf. Homes here are very reasonable compared to Seattle, where my brother just paid $260,000 for a 2-bedroom, 1-bath. Of course, he gets to live in Seattle for that price. Bellingham is not known as an entertainment/cultural mecca; you can just trust me on that.

[OpalCat]

Originally posted by Winnie
I live in Northern Virginia just outside of DC. We paid $150K for our 4-bedroom, 4 bathroom, 3-level townhouse in 1999. We could sell it for nearly $250K right now. Housing prices are astronomical in this area. The urge to make $100K profit off our house is tempting, but where in the heck would we go? Down the street where 3-bedroom single families placed 5 feet apart from each other are going for $450K?

Hey! I live in Centreville, too! Right near 66/28
We bought our 3br townhouse in 2001 for $180,000. Our neighbors sold last summer for $195,000. I'd love a single family house, but I don't have the eight gazillion dollars that they cost around here

[Winnie]

Originally posted by OpalCat
Hey! I live in Centreville, too! Right near 66/28
We bought our 3br townhouse in 2001 for $180,000. Our neighbors sold last summer for $195,000. I'd love a single family house, but I don't have the eight gazillion dollars that they cost around here

We must live very close to you... we live right down the street from 66/28 off of Stone Road -- across from the Giant.

You got a good deal in 2001... that was probably right before the 'flood' of super-inflated prices for homes around here. I hear you about the single family homes in our area... and most of them don't have much more space than the townhomes!

[BiblioCat]

Originally posted by mhendo
Well, Baltimore is really a city of neighbourhoods, and rich areas and poor areas are often not far away from one another. I rent a one-bedroom apartment right near Johns Hopkins University (where i'm a grad student), and the housing prices around here vary quite dramatically.

Even in the suburbs of Baltimore, it varies quite dramatically.
I live just outside the Beltway, northeast of the city, and paid just over $100,000 for a 4-bedroom rancher on a quarter-acre with a garage. It's sort of a Cookie-Cutter neighborhood, with 4 basic floorplans. It's an older neighborhood, though, and people have made additions and improvements, so they don't all look alike anymore.
There's a certain uniformity, but they're not all identical.

[OpalCat]

We live off Braddock just as you come off 28

[Winnie]

Originally posted by OpalCat
We live off Braddock just as you come off 28

My gosh OpalCat, we're practically neighbors!

[Gundy]

Originally posted by peri
Too stinking much! Two newly built, 3 bedroom single family homes down the block went for 750,000 each. A rehabbed 4 bedroom a few blocks away just sold for 1.4 million.

Wow! Where in Chicago do you live? I'm about a mile west of Wrigley and a newly built home down the street from me went for $700K, but the average in my area I believe is closer to $400K. Still way out of my league, but that's why we rent.

[CrankyAsAnOldMan]

Well, in our condominium community of about 80 units, 2-3 bedroom townhouse condos go for $220K-$250K. You can get significantly cheaper apartment-style condos nearby, and some townhouses very much like ours that are slightly more expensive. The closest neighborhood of single-family homes start about $300K, I think.

[OpalCat]

We should go to the Village Cafe for lunch sometime

[CrankyAsAnOldMan]

Originally posted by plnnr
I'm in the process of building a 2200 s.f., 3 bedroom, 2.5 bath transitional home on 5.5 acres just outside fo Richmond, VA. The cost is $210,000. I'll call you when the pool's in.

Not only do I owe you a long-overdue letter, I now also owe you a punch in the nose. I'm so envious.

[Jonathan Chance]

Rural northern Virginia.

Call it 750K or more. But you get land with that. And, as a special bonus...rust in your water!

[Winnie]

Originally posted by OpalCat
We should go to the Village Cafe for lunch sometime

I'm down for that! It doesn't take much to talk me into the Village Cafe

[Winnie]

Originally posted by Jonathan Chance
Rural northern Virginia.

Call it 750K or more. But you get land with that. And, as a special bonus...rust in your water!

I'm thinking the Loudoun County area.... Ashburn, Leesburg, Waterford, etc. Am I right?

[NurseCarmen]

Originally posted by Ethilrist
Here in Saint Paul

Wow, I think you are my closest doper. I'm a couple blocks from the Ford plant.

[kambuckta]

Melbourne ranges from about $200k(AUD) for a three-bedroom brick venereal at 40 or 50km's from the CBD, up to many millions for a home in the more prestigious suburbs (Toorak, Brighton etc). Flats (apartments) and units are considerably cheaper.

The inner-'burb where I live is characterised by small Victorian terrace houses, and they go for anything from $350-$600k depending on how well they have been renovated.

[Hedda Rosa]

Originally posted by kambuckta
Melbourne ranges from about $200k(AUD) for a three-bedroom brick venereal

There is a joke in there somewhere....

Twiddle

[BiblioCat]

mhendo said:
Well, Baltimore is really a city of neighbourhoods, and rich areas and poor areas are often not far away from one another. I rent a one-bedroom apartment right near Johns Hopkins University (where i'm a grad student), and the housing prices around here vary quite dramatically.

Bibliocat said:
Even in the suburbs of Baltimore, it varies quite dramatically.
I live just outside the Beltway, northeast of the city, and paid just over $100,000 for a 4-bedroom rancher on a quarter-acre with a garage

Yes, it does vary quite a bit.
And I know right about where you both live, so watch it.
I live just outside the city, just north of mhendo as a matter of fact, and the houses in my neighborhood go for about $375,000 to $600,000. Older brick or stone colonials, 4-5 bedrooms, finished basements, with garages on quarter- or third-acre lots. Not a "cookie-cutter" type of neighborhood at all.