Honestly, fair question. 300k in any major metro or suburban area is tough. $330k is where decent houses start to crop up in the Minneapolis/St. Paul, Minnesota area, which is the only metro I’m really familiar with.
Fair enough. Just realize you said “most American metros”.
It’s also a question of what defines the metro area. I have a friend in the “Portland metro area”, according to them. They’re a 40 minute car ride from downtown in no traffic. Roughly 60-90 minutes with traffic, they said. They don’t work downtown, so it’s no biggie for them, but when I’ve visited and stayed downtown, it’s a drag to get them to come out. Their 3/2 in a decent area is $500k-$600k. Super dated and/or small (under 2000sqft) places are $400k+.
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I don’t mean to hijack, but what major US metro area has a 3br/2ba for $300k? In a decent state, I mean.
Serious question!
Honestly, fair question. 300k in any major metro or suburban area is tough. $330k is where decent houses start to crop up in the Minneapolis/St. Paul, Minnesota area, which is the only metro I’m really familiar with.
Fair enough. Just realize you said “most American metros”.
It’s also a question of what defines the metro area. I have a friend in the “Portland metro area”, according to them. They’re a 40 minute car ride from downtown in no traffic. Roughly 60-90 minutes with traffic, they said. They don’t work downtown, so it’s no biggie for them, but when I’ve visited and stayed downtown, it’s a drag to get them to come out. Their 3/2 in a decent area is $500k-$600k. Super dated and/or small (under 2000sqft) places are $400k+.
Damn, yeah, 500k to 600k will get some really nice houses in the MSP metro. Crazy housing markets
Florida