Check out these 10 beautiful homes for sale under $500K right now: Located in the desirable Trilogy Polo Club, this furnished home comes with plenty of amenities including a pool and gym. Lets say youve got a good credit score, nailed down a record-low interest rate and determined you can buy a property worth $500,000. The nearby Henry W. Maier Festival Park hosts the annual Summerfest music festival and other cultural events. Commissions do not affect our editors' opinions or evaluations. Patent pending. How does your state compare in purchasing power? The wraparound back deck is so large you could land a helicopter on it but the property also provides plenty of privacy, backing onto a wooded lot with access to a creek. Use SmartFinancial right now and stop overpaying for home insurance. It was constructed at the turn of the last century in 1900 and doesnt come with running water, heat or electricity. The property includes a walk-out basement with a recreation and game room and a huge wet bar. Dont miss the open-air concerts at the Algiers Ferry Landing, either. The 1,642-square-foot home is bigger than it appears: It fits four bedrooms and two and a half baths and includes a basement. This gorgeous cabin in Perry comes with a stocked fishing pond. Its not the White House, but a modern condo in the center of D.C. will do just fine. Check. It's a lengthy, complicated process, so just keep your eyes on the prize: your new home. Utah Price: $544,868 Size: 2,305 sq. While in some areas you can still find reasonable prices for a home, other states and bigger cities have seen a boom in asking prices for homes. The cost of living in Birmingham is relatively low compared to other major cities. The coastal city has plenty of things to do, with a bustling town center and three-mile boardwalk with gorgeous ocean views. Find out what $500K buys you in the biggest cities across the nation. Alabama: 4,762 Sq. While thats a lot more affordable, prices are rising fast: USA Today reports that house prices in Arizona jumped almost 14% between November 2019 to November 2020. If youre not a nature lover, bustling Center City is just a short drive or train ride away. At the end of the game, two grand-prize winners will get $500,000 to potentially use toward their dream home. 4. So who can afford this house? Thousands benefit from our email every week. With more than 6,000 square feet, it offers a gourmet chefs kitchen (plus an outdoor kitchen, too), a heated in-ground pool and a media room. REDFIN IS COMMITTED TO AND ABIDES BY THE FAIR HOUSING ACT AND EQUAL OPPORTUNITY ACT. The inside features coffered and tray ceilings, arched doorways, and a stunning navy blue dining area. Wyoming average lawyer salary: $105,600. This 3,708-square-foot, two-story residence in wintry Fargo features an open layout on the main floor, a huge backyard and a three-car garage. Built in 2007, it offers an updated kitchen, new appliances and stone countertops. The Depot Bench neighborhood includes many other homes built in the 1930s and 1940s, some in Spanish and Colonial Revival styles. Home prices in Des Moines are relatively cheap, but if youre still struggling to cover your down payments, check out the various homebuyer programs Iowa has to offer. The states where you'd get less than the average amount of space are California, Massachusetts, Colorado, Washington, Hawaii and in Washington, DC. It backs onto the Country Club of Jackson, which offers golf, swimming, tennis, dining and other social events for well-to-do residents. Its even equipped with the latest smart home technologies, including smart locks, the Ring video doorbell, a smart garage door and a learning thermostat. Ft. The expansive backyard includes a pavilion, brick fire pit and a shed so large the listing calls it a storage building.. Dont think of the shoveling. When you get tired of casino hopping, you can hop into the pool at your Vegas oasis. This historic two-bedroom apartment in Society Hill is an option. Ft. Heres How to Keep Your Heating Bill from Being a Million Dollars This Winter. But if you lived here, your life would be one long resort vacation. Arkansas: 4,950 Sq. This adorable backyard. The two-bedroom and two-bathroom unit includes a large balcony for you to soak in the beautiful skyline, while the building provides access to a fitness center, rooftop terrace and community room. Housing, utilities and health care all cost less than the national average, according to Payscale. Ft. ($108/Sq. Ft.) Built in 1947, this home is full of charm and character. Well leave it at that. How Lenders Qualify You for a Mortgage, Low Water Pressure? Ft. ($97/Sq. It is neither tax nor legal advice, is not intended to be relied upon as a forecast, research or investment advice, and is not a recommendation, offer or solicitation to buy or sell any securities or to adopt any investment strategy. The Ritz condo is extremely close to the Equinox spa, Loews Theater, Boston Common and several universities, including the prestigious Tufts University. For state and local governments, property taxes are necessary to function. Mississippi: 5,208 Sq. Find the coverage you need at the most competitive rate in your area. 9 Red Flags to Watch Out for When Buying a New Home. 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. The listing says it could be a smart investment opportunity for someone with the gumption to transform the space into a forever home.. 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. First, we provide paid placements to advertisers to present their offers. Heres What A $500K Home Looks Like In Each State, {{ tocState.toggleTocShowMore ? Wyoming is the least populated U.S. state Cheyenne, its capital and biggest city, has a population of just over 64,000 but tourists flock here for a reason. Move to Belmont and never pay for electricity again. first-time homebuyer programs available in Arizona, states where home insurance is rising the fastest, costliest cities to live in, especially for millennials, Looking For Passive Income? Ft. ($101/Sq. The 4,851-square-foot property consists of four units the sellers suggest it can be converted into six with eight bedrooms and four bathrooms. This sophisticated Victorian-style townhome in the Upper Roxborough Historic District fits four bedrooms and two full and two half bathrooms. Amenities: hardwood floors,. However, its the peaceful backyard surrounded by tall trees that makes this one of our favorite homes for sale under $500K. The trendy East Nasty neighborhood, where this home is located, is known for its fantastic food and music scene. The area is desirable for good reason. While we work hard to provide accurate and up to date information that we think you will find relevant, Forbes Home does not and cannot guarantee that any information provided is complete and makes no representations or warranties in connection thereto, nor to the accuracy or applicability thereof. In San Diego, downtown living will cost you. Thanks & Welcome to the Forbes Home Improvement Community! 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. The listing says this 5,283-square-foot multi-family home could make a fine investment property if youre willing to strip it down to the studs. 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. Wise up with top stories and timely tips Tuesdays and Thursdays. States are listed in descending order of square footage of home. After a booming market, is it still safe for you to buy? Price: $500,000 Size: Four bedrooms, two bathrooms, 1,757 square feet, 6,621 square foot lot What We Love: Fully renovated, bungalow front porch, chef's kitchen, custom stone countertops Hawaii. Massachusetts: 1,859 Sq. REDFIN and all REDFIN variants, TITLE FORWARD, WALK SCORE, and the R logos, are trademarks of Redfin Corporation, registered or pending in the USPTO. Located in the amazing Savannah community, this homes brick exterior is beautifully contrasted with charcoal garage doors and window shutters. This site does not include all companies or products available within the market. Yes, a mortgage is a big deal, but it's probably not as complicated as you think. Send requests to: permissions@howmuch.net. The open kitchen is complemented by a breakfast nook and access to the dining room. 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. A hot tub and pool in the backyard? See more homes for sale in Centennial, CO under $500K. Welp, you dont have to worry about playing your music too loud when you live in the middle of a national forest. Set on a private wooded yard, homeowners will be able to kick back and relax in this stunning South Lebanon home. Located near downtown, as well as the Houston Zoo, the Houston Arboretum and the Museum District, all the citys cultural hotspots are within reach. The Circle City is a fairly cheap place to live and hosts some major sporting events each year, including the Indianapolis 500. If youre ready to buy a home, or youre just beginning your home search, were here to help get you inspired and excited to begin the process. You can live in one unit and rent out the rest of this 3,524-square-foot multi-family home in Bridgeport. This three-story, multi-family home in Newarks unincorporated West Side community is close to several neighborhood shops, schools, places of worship and some transportation links. Featuring modern upgrades and clean finishes throughout, the bright and open floor plan is perfect for entertaining. 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