A 1BR Condo in my area costs $170,000

[Argo]

This is insane. I've been looking at some ads and a decent 1BR costs in the upwards of 160-170k. In most places you can buy a small house of that price. I live in western CT, btw.

 

[Mill]

This is the market's way of telling you to move. Actually, scratch that. I don't want my housing costs going up.

 

[Jmmsbnd007]

Omaha, NE:
3 BR/2 Bath house for $100,000.

 

[Cyberian]

Originally posted by: Argo
This is insane. I've been looking at some ads and a decent 1BR costs in the upwards of 160-170k. In most places you can buy a small house of that price. I live in western CT, btw.

How are the prices in downtown Hartford?

 

[Argo]

They say that higher income makes up for that, but I kinda doubt it. I'll have to be making 2 times more than a software engineer in Nebraska does. I kinda doubt that.

 

[BeeVo]

Jackson Hole, Wyoming
2BR Condo 550,000.

My stepdad works in Jackson but we can't afford to live there. We had to move 2 hours away for decent housing.

 

[Argo]

Originally posted by: Cyberian

Originally posted by: Argo
This is insane. I've been looking at some ads and a decent 1BR costs in the upwards of 160-170k. In most places you can buy a small house of that price. I live in western CT, btw.

How are the prices in downtown Hartford?

Hartford is way cheaper. When you think about where i live think Danbury, Bethel, Ridgefield.

 

[Zim Hosein]

Originally posted by: Argo
This is insane. I've been looking at some ads and a decent 1BR costs in the upwards of 160-170k. In most places you can buy a small house of that price. I live in western CT, btw.

I hear that Argo, have you looked at Condo prices in NYC! :|

 

[tontod]

Western CT is extremely expensive, especially Southwestern Connecticut.

 

[HappyPuppy]

The median price of houses in Ca has gone up 18% so far just this year. Insane. How are people going to ever own a home?

 

[Aceshigh]

I live in Houston and we have some of the most affordable housing in the country. $170,000 could get you a nice large home in a really good area here.

I can't believe the prices some people pay in other parts of the country.

 

[ElFenix]

Originally posted by: Aceshigh
I live in Houston and we have some of the most affordable housing in the country. $170,000 could get you a nice large home in a really good area here.

I can't believe the prices some people pay in other parts of the country.

and somehow some economists think that price parity exists internationally. it doesn't even exist within the borders of a country!

 

[Led Zeppelin]

Originally posted by: Argo

Originally posted by: Cyberian

Originally posted by: Argo
This is insane. I've been looking at some ads and a decent 1BR costs in the upwards of 160-170k. In most places you can buy a small house of that price. I live in western CT, btw.

How are the prices in downtown Hartford?

Hartford is way cheaper. When you think about where i live think Danbury, Bethel, Ridgefield.

A one bedroom condo in my part of CT (Hartford area, to the east) go for about $95,000 - $115,000, depending if you get a garage. I had the opportunity to buy a one bedroom condo w/ garage in my complex in 1999 for $71,000, but at that time I thought that was overpriced for a one bedroom. Since then, that same condo has sold three times, for $85,000, $97,000, and $107,000. Yup, I'm kicking myself in the ass as we speak.

 

[pulse8]

Someone I know just bought a 2 bedroom, 2 bath condo in my neighborhood for $400,000.

 

[OREOSpeedwagon]

My god that's insane...there's very nice houses here that can be had for $150,000, I'm talking about HUGE extremely nice houses. And Indiana's not that bad

 

[Cyberian]

Originally posted by: Argo

Originally posted by: Cyberian

Originally posted by: Argo
This is insane. I've been looking at some ads and a decent 1BR costs in the upwards of 160-170k. In most places you can buy a small house of that price. I live in western CT, btw.

How are the prices in downtown Hartford?

Hartford is way cheaper. When you think about where i live think Danbury, Bethel, Ridgefield.

I guess Stamford, Darien, Norwalk is no cheaper?

I'm in Suffolk County, NY and prices aren't quite that high yet - but they are getting there.
If I had a great deal of disposable income I would snatch one of the Condos around here in a heartbeat.

 

1BR here costs at least $300,000. Consider yourself lucky.

 

[Cyberian]

Originally posted by: dwell
1BR here costs at least $300,000. Consider yourself lucky.

Are you in Brooklyn?
Do you mind telling me what area?
Obviously Brooklyn Heights is gonna be different than Ocean Hill-Brownsville.

 

[freakflag]

Originally posted by: Argo
This is insane. I've been looking at some ads and a decent 1BR costs in the upwards of 160-170k. In most places you can buy a small house of that price. I live in western CT, btw.

Medina, OH: $170,00 = 2500sq.ft. home on 1-2 acres.

 

Originally posted by: Cyberian

Originally posted by: dwell
1BR here costs at least $300,000. Consider yourself lucky.

Are you in Brooklyn?
Do you mind telling me what area?
Obviously Brooklyn Heights is gonna be different than Ocean Hill-Brownsville.

DUMBO/Vinegar Hill (Manhattan prices)

 

[Thegonagle]

Wow! That would buy, get this, a two bedroom condo in a decent, safe neighborhood (not a "nice" status neighborhood) in Minneapolis. A 1 BR condo in a "status" neighborhood in Minneapolis can run well into the 200s. Ugh!

 

[SALvation]

I'm in MI and I'm selling my 2 bedroom, 2 bathroom condo for $129,900 and it is in a great area.