The pricing of homes, of course, changes depending on what state, and even what city you may live in. But how drastic is the difference? In a recent article, Today show’s real estate expert Barbara Corcoran dug a little deeper to see what types of homes you can get for $100,000 or less. In the five homes she chose the number of bedrooms ranged from two to four, with one even having three bathrooms. Some had a lot of rooms, but not a lot of room in them, while others were more spacious. An interesting perspective into what you “get what you pay for.”
The cheapest one Corcoran found was located in Dayton, Ohio. While the population is nothing compared to a New York City, with only 141, 527 people living there, it still offers quite the deal. At $64,900, the three bedrooms and one bath home is a cozy fit for any small family.
Not too far away in Chattanooga, Tennessee a homebuyer can get a two bedroom and one bathroom home for $87,500. Built in the 1930s, the beautiful architecture inside makes it a one of a kind home, with arching entryways and unique structure. From the south to the north, Corcoran chose her next in the state known for overly priced apartments.
Contrary to past beliefs, there are actually homes in New York that are reassembly priced and pretty spacious. For instance, a traditional colonial home that Corcoran found is priced at $89,000, with four bedrooms and 1.5 bathrooms. Located in the small town of Irondequoit, NY, the family-friendly home sits on a quiet street, with a huge yard. This is also a great choice if you like the water and are not a big fan of the city. The small town is surrounded by a lake, a river, and a bay. If water does not interest your lifestyle than maybe Nebraska will.
For a greater price and less rooms, a homebuyer can purchase a two bedroom and two bathroom home in Omaha, Nebraska for $93,500. Location and convenience is two great factors for this townhome. Located across from a park and pool, there’s plenty of recreational activities for adults and children alike. The convenience part is also entailed in the up-keeping of the home. For just $84 in monthly association fee, a homeowner is provided with lawn care, snow removal, exterior painting, concrete repairs, water use and trash pickup. These may seem like menial tasks, but in reality saves a homeowner time and headaches.
Finally, the last and most expensive of the five chosen by Corcoran is located in Phoenix Arizona. The three bedrooms and three bathrooms home is worth every much of $100,000. The beautiful staircase, fancy columns, tall ceilings and spacious master rooms makes the home appear well more than the listed price. Who knew $100,000 could get you such a variety in homes choices.
About Ann Stiles
Ann Stiles is a real estate broker for Wilkinson and Associates. She began by selling homes in New York and has over 29 years of experience in real estate. After relocating with her family to North Carolina in 2008 she continued her passion for real estate. She currently resides in the Trump National Golf Club Community in Mooresville, NC with her husband and five children.
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