Housing Costs
We watch HGTV House Hunters a lot and feel like we have some of the cheapest housing costs in the world. We just saw a renovated 1000 square foot house in Atlanta for $350,000. They have had homes in NYC approaching $2,000/square foot. Tokyo much higher than that. I'm not asking the value of your home but what are some of the cost per square foot where you live? I am very interested in some of the costs outside the US. Thanks. |
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| According to Trulia.com, the average per square foot cost of a house in Syracuse, based on the 5 year average, is about $70. But that's just the city. In our county, the average price of a house was $192K (although another website pegs it at $129K). And I can't find the average square footage of houses in the county. So who knows. |
| Average in Albuquerque is $182,000 but we have neighborhoods that are $790,000 average and others that are $129,000. So the question is, what is an average size house?? |
| All I know is that we had neighbors on each side of us bail on their mortgages and both homes went into foreclosure. We found out several months later when we went to get a home equity loan to buy a new a new car that our home's value had plummeted by about $30K! The person doing the appraisal even said that those two homes being empty for the year they were would likely have a negative impact - man, did he call it or what!?! So we've lost a little less than a quarter of the current value but it's still worth a couple thousand more then when we bought it in 1998, which was 89,900 for 1800 sq/ft thus making it $49.95 a sq/ft. Vance |
| $58 a square ft in Toccoa GA...Some brick homes 1500 sq. Ft. Have sold for $35,000.00...they do need updating. It's pretty bad and the lower selling homes effect all! |
| My house was $36 per square foot last year. |
| I had to check the Trulia site as well for info. Mankato is my nearest large town - pop. 50,000. It is an easy 90 mile commute to St Paul/ Minneapolis. The median home price is $136,000. (3 BR) The average price per sq ft is now $99, but in 2006 it was $207. Interesting data. |
| When we watch House Hunters we wonder how people afford the houses they are looking at; young couples with a budget of $500k. In NYC they look at 500 sq. ft. apartments for $1.2M. Here $500k would get you a 5,000 sq. ft. house with a pool in a nice neighborhood, in LA it would get you a snall enough house that your visitors would have to get a hotel when they came. Is there that big a disparity in salaries across the country? I have traveled a lot and haven't been aware of a large difference in salaries to offset the large diffeence in cost of living, the biggest driver being housing. |
| We have a 4 bed house not too sure the size. Its worth about £400000+ |
| I live about 45 minutes west of NYC, in a cute little town with a main street that is filled with old Victorian homes that sit on small lots. Although prices have dropped in Central NJ it is not like the much of the country. I to am an HGTV watcher and wish I could pay what some of those people are paying. Here we are at a low at $150 a sq foot. Just last year it was closer it $200. I know I'm buying a SMALL house and paying much more. |
| Im your "neighbor" in Denton. our house is 3400 sq ft and we paid 199,000 for it in 2000. Now it is appraised at 250,000. We watch house hunters all the time too and THANK GOD we live in Texas. hahaha My Aunt just moved back here from Rochester, NY. She said she forgot how low the cost of living is here. A friend that moved from St Louis to the Hill Country was shocked at how much house and LAND he got for under 300,000. Yep, Im staying here--- at least till my kids get out of school then Im buying a 5th wheel and moving to Navarre, Fl. hahaha (my husband doesnt seem to agree on that just yet, I have 4 years to convince him)  |
| we paid about $ 219.00 per sq ft for our condo, one is for sale right now at $250.00 |
| It looks like the houses around us are selling for about $50 a square foot give or take a few dollars. All of these houses are block houses built in 2006-2007. The city I live in is the largest in our county and has the country, where I live and all the houses are in the above "year built". Then there is the subdivisions and also gated communities....most homes lost value of a minimum $100,000. |
| Wow, they are way all over here. But in a more desirable but no way exclusive area, 4 bed, 2 bath, 2000 sf goes for around $127 sf New homes can be less but you are getting postage size lots, no yards. |
| There is a house about an hour from me that is $18/square foot. |
Quote: There is a house about an hour from me that is $18/square foot. Does it have indoor plumbing?? Reason I ask, years ago when real estate was booming, Forest Service guy transferred to Taos, NM House budget was limited, $150,000.....one house was 1 bedroom, no bath, no water service. Outhouse and haul your own water. Today that will buy you a 2 bedroom, composting toilet, no water.....off the grid home (solar power) 15 miles west out on the prairie. Or a 1 bed, 1 bath, 650 condo in town. |
SheepieBoss wrote: Quote: There is a house about an hour from me that is $18/square foot. Does it have indoor plumbing?? Reason I ask, years ago when real estate was booming, Forest Service guy transferred to Taos, NM House budget was limited, $150,000.....one house was 1 bedroom, no bath, no water service. Outhouse and haul your own water. Today that will buy you a 2 bedroom, composting toilet, no water.....off the grid home (solar power) 15 miles west out on the prairie. Or a 1 bed, 1 bath, 650 condo in town. It does. It's in Plymouth, IN, for $55,000. It's got 4 or 5 bedrooms and three bathrooms. It's about 3000 square feet I think. It's a pretty old house, and it's in town. Houses like that are pretty cheap down there. They start to get more expensive when you look at houses that have actual yards. |
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