In Utah County the cheapest “House” for sale is 600 square feet, 2 bed, 1 bath, at $300k.
So at current interest rate it would be $1,800 a month mortgage(assuming you put the 60k down payment! A decent amount more if you do 3% down.)
The cheapest condo/town in utah valley is 205k, 1,100 square feet, on a 400 square foot lot. But due to a $500 HOA fee the monthly cost is still 1,700 a month (assuming 20% down).
With 3.5% down they’d both be closer to 2.1k +PIMI.
So yeah, how is where you live doing?
You must log in or register to comment.
Genève (Geneva), Switzerland
Cheapest apartment is 38m², 2 rooms, 570’000 CHF (646’000 USD)
That’s very cheap. It’s a shitty flat but livable if need be.
https://www.immoscout24.ch/buy/4000814125
Cheapest house is 240m², 6 rooms, 2’950’000 CHF (3’347’000 USD)
That’s cheap???
Dear heavens, I didn’t realize some places were that rough.
Welcome to Switzerland
Like $15k if you want a total gut & remodel
Edit: found one for $10k. Fun. https://www.zillow.com/homedetails/1205-Mill-St-Pittsburgh-PA-15221/11379395_zpid/?utm_medium=referral
“EXPLORE the UNTAPPED POTENTIAL”, I love the agents unyielding optimism.
Holy shit. How does that have a positive value? Still, Pittsburgh… hm…
Hyup. I was born and raised here, and love the city to death.
Wilkinsburg is a bit of a strange part of town. It’s one of a few neighborhoods that have resisted annexation for a century plus. Just look at a map of Pittsburgh and you’ll see big empty holes (literally mount Oliver is completely surrounded by the city). This results in some weird circumstances, wilkinsburg has really high taxes, shit schools, and is one of the rougher parts of town.
On the other hand, I love where I’m at in the city, I got a beautiful 1800 sq ft 4BR home built in 1890 along the river. I can see the water from my front stoop. $160k, and I have a few roommates. Currently slowly renovating the place.
It is a bit ironic opening Instagram or something and seeing posts like “omg! Pittsburgh is so affordable, my rent is under $2k!!!” For those shitty “luxury” apartments going in all over the country. Meanwhile, my mortgage is $830 because I bought during covid.
I feel the creep and know the city isn’t gonna be affordable forever. Wages are still a bit shit around here.
$229,000 for 53 sqm (571 sqft)
This post was 4 months ago.
Fun to know that it’s still absolutely screwed.
20k. I live in a shit hole
At least it’s an affordable shithole!
Exactly lol. That’s why currently stuck commuting a bit more than 3 hours a day round trip to work smh
The cheapest one is apparently in the town next door. It’s a 3 bedroom, 1 bath, 984 square foot single family home built in 1955, on a third-of-an-acre lot with no HOA.
All the pictures are of the outside only, so I’m assuming the inside is pure shit. However, I also have to assume it’s some kind of liveable shit, because the places that aren’t liveable generally have to list as “0 bedrooms”.
It’s $60,000, in south/central New Jersey. Or $665 per month, which includes 30 year mortgage as well as property taxes.
$80k cad - 3 bedroom and 1 bath. Probably needs a good cleaning and upgrade. Bus stop close by. Not so good area but it’s ok.
2 bedroom, 1 bath mobile home from 1960: $26,900.
$650/mo. HOA fees.
Holy shit. I thought the $650 included HOA fees. That’s literally JUST the HOA fees. My mortgage on a $300k house is only $300 more than that. Though, I do have a 3% loan. Not getting that again.
I’m in Ashburn, VA. I just looked at Zillow and saw that the cheapest single family home right now is $625k for 2060 sqft. If you have a credit score >719 and put $100k (~16%) down, it’s only $4438/month according to their estimates.
So my wife and I live in an apartment with no kids or pets, and we both work a lot… Maybe one day we can afford a townhouse? I just found a decent looking one that’s only $450k so $3200/month…
There are houses in my town that have sold in the last 12 months for less than $100,000.
These don’t include the shacks that are falling apart that sell for $30,000.This one was bought, fixed up, and is currently listed for $132,000.
$59,900 (Canadian)
704 sqft, 1 story, built in 1905
Not, of course, in a desirable neighborhood, and most of the “recent renovations” scream flipper, but it is cheap…
https://www.realtor.ca/real-estate/26213715/655-magnus-avenue-winnipeg-north-end
315k GBP for a 2br ‘period property’ (aka a disgusting dilapidated horder house with the energy efficiency of a tent)
Figure in another 100k and a year to fix it, due to how UK contractors work.
$229k NZD for a 2 bed, 1 bath 80sqm slumlord rental in a shit neighbourhood in Christchurch, New Zealand
$200,000 for a 1 Bed 1 Bath with an hour and a half commute to the city. It’s a unit, so probably has a bunch of other fees attached for upkeep but they aren’t listed. Area is far away from necessary services, highly car dependent and notoriously crime ridden. The unit is run down and requires renovations.
Double that for a 2 Bed 1 Bath in a similar area.
My house is a small two story granny cottage with a total floor area of 90sqm (1000sqf) though the upstairs have a low ceiling so the “true” floor are is closer to 60sqm (650sqm). The plot is 1000sqm (10500sqf) and has an additional building with a sauna and a small workshop space. It’s located about 10km (6 miles) from the city centre on a residential neighbourhood in Finland. It’s one of the major cities in the country. I paid about 105k€ for it which means 450€/month
With a quick search on Zillow for Lincoln, Nebraska (~300k pop college town), cheapest I can find is $90k for a 1 bed/1 bath 500 sqft condo. $100k for a 1 bed/1 bath 500 sqft house, though technically that’s a foreclosure so you might not consider that to count. The cheapest normal house for sale that I can find is $110k for a 2 bed, 1 bath 1500 sqft house. It’s an older home, but actually a pretty decent location (close-ish to downtown).
