Compare Listings

How Much House Can You Get for $300,000 in the Top 50 Cities in the US?

How Much House Can You Get for $300,000 in the Top 50 Cities in the US?

Let’s take a moment to think what makes a house valuable. Is it “location-location-location,” finishes and amenities, or is it size? If your mind is set on a certain city or area, location rules supreme, but where’s the sense in living there, even in a top-of-the-line home, if you barely have room to get out of bed? That is, if you can even fit a bed inside. Don’t believe the hype – size does matter!

Say your mortgage is somewhere around $300,000 – pretty average for the US. Would you rather live in a 165 sq. ft. Manhattan “studio” (where you get to choose between fitting in a bed or a desk), or in a 4,478 sq. ft. Memphis mansion (where you can probably dedicate an entire room to band practice)?

img

Platinum Acq

Related posts

Real Estate Groups to Challenge Ban on Broker Fees for Renters

A lawsuit will accuse New York State of abusing its authority in issuing a rule that has upended...

Continue reading
by Platinum Real

6 Metrics You Must Know to Identify Great Investments

Access to investment options is also at an all-time high, so you may have already jumped in or are...

Continue reading
by Platinum Real

Single Family or Multifamily? Where Should New Investors Begin?

Some real estate investors jump into multifamily (looking at you, house hackers)—or even...

Continue reading
by Platinum Real

Join The Discussion