How much does a house cost where you live?

Barley · May 15, 2003, 18:29

I wonder how much house prices vary accross the world (I have a good idea here in the UK).

Describe your house, where it is and how much its worth.

To give you an example:

I live in a modern two bedroom end terrace (small kitchen, lounge/diner 17ft x 12ft, two bedrooms about 12ft x 11ft and a small bathroom, garden is about 40ftx40ft). The house is in Milton Keynes, United Kingdom

House is in a relatively high demand / high value area within Milton Keynes. Milton Keynes is in southern UK (50 miles north of London) so in about the top 25% of average house values.

My house was recently valued at £128,000 ($/euro 200,000 approx).

Oerdin · May 15, 2003, 18:32

In Sacramento the average price of a detached single family home is about $250,000. We're I grew up (and hopefully will move back to some day) in San Diego the average is right around $550,000. Of course if you want to live in one of the more desirable neighborhoods then you can expect to pay much more.

DarthVeda · May 15, 2003, 18:35

$100-$150k

monolith94 · May 15, 2003, 18:42

In my hometown, it's ridiculous... Anywhere from 300,000 to 750,000 for a decent house.
Where I'm living temporarily (at college) the prices are ridiculous in comparison. Anywhere from 75,000 to 120,000.

*End Is Forever* · May 15, 2003, 18:49

Er, depends how big the house is.

Barley · May 15, 2003, 18:54

Er, thats why I gave an example, or why not describe your house, where it is and how much its worth

A family home (typical 4 bed detached) near me costs about £250,000 ($/euro 400,000).

Ned · May 15, 2003, 18:55

I live in Aptos, CA which is on the coast near Santa Cruz, soulthwest of Silicon Valley. The median prices of homes in my area are in the $350+ range.

My own home is 2450 sq. ft, two car garrage, three bedrooms and a den, family room, two decks and around 8,000 sq. ft. of highly landscaped lot. I believe houses of this description go for around $650k+, depending on ocean view. Ocean view property will be $1-10 million, depending. One of the homes in my neighborhood was recently listed for $10 million. But it has a good ocean view.

Everyone here complains about the prices of homes. The Santa Cruz area has long been rated as one of "least affordable" areas in the entire country. This index compares incomes to prices. The median income in our area, in other words, is very low relative to the price of homes.

As a result, even doctors are leaving wholesale due to the very high cost of living.

*End Is Forever* · May 15, 2003, 19:21

I have absolutely no idea how much my house is worth anyway.

Asher · May 15, 2003, 19:22

We got a 3000 sq foot house (plus huge basement) in a very nice neighborhood for $215,000CDN back in 1997.

The house's current value was placed at $400,000CDN last year.

Panda · May 15, 2003, 19:25

Well, I live in London, so I needn't elaborate for UK people.

4 bedroom house, north london: probably £300-£350K (I keep revising this upwards).

1 · May 15, 2003, 19:27

Close to a million dollars. Central MA, suburban democratic neighborhood.

monolith94 · May 15, 2003, 19:29

My parents' house was bought in the early eighties for around $60,000, but is now valued at approximately $450,000.

I don't own a house.

Uncle Sparky · May 15, 2003, 19:32

Winnipeg, Canada, pop. 700,000, largest city & capitol of Manitoba - all in Canadian $$

3 bedroom, 1200 sq. ft bungalow (with finished basement about doubling the sq. ft.), middle class area, $79-120,000.

You can get a decent 2 bedroom for $69 - $85,000.

Riverside properties add $20-30,000.

Suburban estates $250,000 +

You can buy a small house in the not good centre of town for under $25,000, but you might have to remove the bodies of the previous owners yourself.

We have amongst the cheapest housing prices of any major Canadian city.

And we have pro sports teams, theatre, a symphony, a ballet and comparativerly cheap hydro-electric rates... and a socialist government.

Asher · May 15, 2003, 19:33

Quote:

And we have pro sports teams, theatre, a symphony, a ballet and comparativerly cheap hydro-electric rates... and a socialist government.

That explains your pathetic economy, no?

Uncle Sparky · May 15, 2003, 19:38

Asher - Manitoba has the lowest unemployment rate in Canada and our hydro power will outlast your oil - bust & boomer !

Some friends of mine moved to Calgary last year. They paid $250,000 for a house in the University district that would have cost them $79,000 in Winnipeg.

*End Is Forever* · May 15, 2003, 19:39

Those are frighteningly low prices. However, you are stuck in the arse-end of nowhere.

Kramerman · May 15, 2003, 19:46

My area is very diverse, but due to the school district (one of the top rated in the nation) houses are in very high demand = very expensive.

2 bedroom houses will go for 140,000 or more.

3 bedroom - your lucky if you can get one under 200,000 now adays, many are over a quarter million bucks.

The larger houses in the area are from 500,000 to multi million dollar homes in Terrel Hills and Olmos Basin (very nice areas)

GePap · May 15, 2003, 19:51

$0, since there are no houses in my meighborhood. As for NYC, it varies immensely. For a townhouse, I can't see paying under 900k for one in midtown or the west side. houses out on queens or brooklyn must be cheaper than that.

My family's apartment has 2 bedrooms, a livingroom-dinning room area, a small kitchen, and 1.5 bathrooms (well, l4, its small) and it would likely go now for 250-300k.

Asher · May 15, 2003, 19:59

Quote:

Originally posted by Uncle Sparky
Asher - Manitoba has the lowest unemployment rate in Canada and our hydro power will outlast your oil - bust & boomer !

Lowest unemployment isn't very impressive when people are moving out of your province, you know.

Quote:

Some friends of mine moved to Calgary last year. They paid $250,000 for a house in the University district that would have cost them $79,000 in Winnipeg.

House prices are soaring in Calgary, it's the downside in living in the fastest growing major city in North America doncha know.

It's incredible when you own a big house that's already paid off, and its value keeps skyrocketing though.

Skanky Burns · May 15, 2003, 20:00

The 3-bedroom house I live in is worth around $300,000 Australian. Which sucks, as I have to pay that much if I'm going to own it.

Cyclotron · May 15, 2003, 20:05

Too damn much. I'm in one of the highest housing areas in the country, the January 2001 county median was nearly 650,000. It's come down a bit, but we still beat almost anywhere else in the nation.

Kirnwaffen · May 15, 2003, 20:07

I live in a four bedroom, four bathroom, two story (three, including basement) house. We finished the basement to add an additional bathroom and bedroom, as well as an additional family room. The first floor contains a good sized kitchen, family room, living room, and a small study. We have 1.2 acres behind the house. I don't know the square footage, but I believe the house was lat assessed at right around $500k, give or take 20k, depending on the market.

Al B. Sure! · May 15, 2003, 20:17

I don't know... 40K?

there's so many abandoned houses (that the city is slow to board up) so you could thereotically have an alright house for free

Oerdin · May 15, 2003, 20:19

Speer: Why don't they just burn Phily and be done with it?

Al B. Sure! · May 15, 2003, 20:31

Oerdin:

because then they'd have to burn Queens, the Bronx, DC, Baltimore, Chicago, Detriot, Gary, Atlanta...

Uncle Sparky · May 15, 2003, 20:40

Shanky, cyclotron7, etc - What Cities/towns do you live in ?

Asher - When you leave your family in a year or two, what sort of place do you think you could afford in Calgary? I suspect the Alberta boom will last 4-5 more years so prices will keep climbing till then.

Skanky Burns · May 15, 2003, 20:43

Campbelltown, to the west of Sydney (Australia).

And its SKanky. With a K!

Al B. Sure! · May 15, 2003, 20:46

how a house for one family can cost more than 100K or so is beyond me... yall must be living in mansions...

Al B. Sure! · May 15, 2003, 20:46

I'd rather be called Shank than Skank

Lincoln · May 15, 2003, 20:47

In this rural community in middle Tennessee nice 3 bedroom houses on 2 or 3 acres of land sell for $60,000