GOOD ENOUGH Homes & Destinations: What You Get for $250K

everyone loves an old houseOh boy! It’s time for another installment of GOOD ENOUGH Homes & Destinations, a Billfold corrective to the New York Times’ weekly feature, “Great Homes & Destinations: What You Get For … [obscene amount of money].” This time around, the NYT is excited to tell and show us what you — except not you, that would be hilarious, more like a Russian oligarch — could get for $2,500,000. Choice quote:

The kitchen was designed by Nate Berkus, a regular guest on “The Oprah Winfrey Show.” The room has stainless-steel appliances and paneling and cabinets of cherry. The backsplash is Balinese tile. A granite-topped island separates the kitchen from the family room, which has a wall of cherry cabinets and a broad marble fireplace. Sliding glass doors open to a Brazilian wood deck with partial shade.

Amazing. Herewith, what you, actual you, could get for the more reasonable price of $250,000:

pittsburgh house trulia

3 BR, 2.5 BA Tudor in Pittsburgh, PA, for $245,000, via Trulia. Fireplace for the winter, central air for the summers. “Exemplary” public school district. Pittsburgh, guys! It’s on the up and up
land in hannibal mo

Huuuuuuge tracts of land in Hannibal, MO, birthplace of Mark Twain and consequently, one could argue, America, for $220,000, via Trulia. Build your own “Life on the Mississippi.”

wyoming house

3 BR, 2 BA house in Sheridan, WY, for $245,000, via Century 21. Covered wraparound porch, hardwood floors, ceiling fans. The area’s known for skiing and golfing and being a good place to retire, and it’s cheaper than fancy-pants Jackson Hole.

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18 Comments / Post A Comment

gyip (#4,192)

These prices make me cry.

I live in Toronto, ON, Canada :|

I gotta start doing some Canadian real estate! I think I’m intimidated by currency conversion but I will OVERCOME THAT OBSTACLE. #do1thing

garli (#4,150)

@gyip I feel you. I live in Santa Barbara so 250k would get you a mobile home, or a tiny condo.

gyip (#4,192)

@Ester Bloom That would be AMAZING. A semi-detached house here runs 400-700K. Or more. I’ve def seen more.

@garli :( Argh, condos! I don’t even mind the tininess, but the unregulated monthly fees are a dealbreaker.

garli (#4,150)

@gyip And the CC&Rs or what ever regulations about what you can and can’t do with the place you own?

tw0lle (#4,354)

Yeah I don’t even know what $250k would get you in NYC, even in Queens. A studio, maybe?

cryptolect (#1,135)

@tw0lle A parking spot?

garli (#4,150)

@cryptolect A *nice* parking spot?

sea ermine (#122)

@tw0lle I just did a quick search in my neighborhood (Jackson Heights, Queens) and you can get a 1 – 2 bedroom coop. Here are three 2 bedroom options to see. If you’re open to one bedrooms between 200-250k you’re options go way up. If it makes any difference it’s a fun, pretty, safe neighborhood with lots of amenities and public transportation.

I don’t know about Brooklyn (I’m guessing, like all boroughs in NYC it would vary widely based on the neighborhood) or Staten Island but I know in Manhattan there are 1-2 bedroom options for that price if in Washington Heights and Inwood. The Bronx and Queens look like they have the most options in that price that I’ve seen.

tw0lle (#4,354)

@sea ermine That actually is very encouraging. I live in Astoria and just looking through listings bummed me out. I like Jackson Heights a lot from what I’ve seen as a visitor, so hopefully by the point when I’d be able to invest in real estate, it will still be somewhat affordable!

megra (#2,906)

got a kick out of 1.24 acres being a huge tract of land! :)

RiffRandell (#4,774)

Oooo that Wyoming house is cute!

andnowlights (#2,902)

@RiffRandell So freaking cute. But I do love me some Jackson Hole as well, though the real estate there is much more expensive. But then you’re SO CLOSE to Grant Teton and Yellowstone and they are my favorite places in the world. I don’t know where Sheridan is, though, so many it’s close too.

RiffRandell (#4,774)

@andnowlights I have never been out there, but stupid online quizzes keep telling me ‘Wyoming is the state you really belong in’ so maybe this is fate?

This feature makes me feel like we overpaid for our house …

bers (#7,132)

i live in pittsburgh and just bought a house right in the city for 100,000 less than that one in the suburbs. same sq footage. you can legitimately buy two houses for 250,000 here.

Can an editor fix the tags on this series? I’d like to read them all but the tags aren’t consistent to follow…

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