This Is How Big Of A House You Can Buy for $200,000 in Major American Cities
Find out which U.S. city will stretch your cash the farthest.
Anyone who has bought a home knows that it’s all about location, location, location.
Well, real estate experts at Property Shark decided to see just how much bang you can get for your buck by calculating the average size of a house one can purchase for $200,000—the approximate U.S. median home price—in major cities across the country.
Unsurprisingly, you’ll be lucky to find anything larger than 700 square feet anywhere near a beach. The same goes for our nation’s capital and the burgeoning marijuana metropolis that is Denver, Colorado.
The extremes are Manhattan and Cleveland, where that sum will buy a large shoebox or a small mansion, respectively.
El Paso, San Antonio, Nashville and Indianapolis are all areas buyers should look into if they want to stretch their money the farthest. Feel free to analyze the chart above as you plot your next big move.