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property prices

Posted: September 11th, 2008, 2:12 pm
by screenman
Out of interest how much do houses cost in your area, what would say $400,000 buy if anything, are prices dropping and by how much. Just interested I am not looking to invade you.

Re: property prices

Posted: September 11th, 2008, 2:43 pm
by mrchip
in north carolina 400 thousand would buy a very big house...I bought a four bedroom house new 2 yrs ago for 141 thousand....of course if i had 400thousand i would buy a house near the ocean which is only 2hrs away now..

Re: property prices

Posted: September 11th, 2008, 11:17 pm
by ProView WR
Here in San Diego Ca (Southern California), you would be looking at around 300k for a decent 2 bedroom condo. The farther inland you go, the less the cost. About 45 Mi north east will land you a 4 bedroom house for around 250k.

Re: property prices

Posted: September 12th, 2008, 10:47 am
by Brent Deines
In Eugene Oregon $400K will get you a nice 2500-3000sf 4 bedroom home on a 6000sf lot, or a house about 1/2 that size in a very nice neighborhood or on a little larger lot. If you want a decent sized lot with that however, you need to go 20+ miles outside the city center. I drove through a new neighborhood of 3000-4000sf new homes on 10,000sf lots this week and the prices started at $500K and went up to $750K or more. Just the lots were going for $150K-$200K. No I wasn't looking for a home, just seeing how the other half lives!