In Lincoln, Neb., a quarter of a million dollars can buy a two-bedroom cottage with a cozy 1,365 square feet. In Akron, a 3,400 square foot, five-bedroom home with high ceilings and a basketball court is selling for the same price.
Huffington Post found what a housing dollar can buy in markets across the country, noting the types of homes that can be bought for $250,000, $500,000, and $1.5 million, roughly matching the values of starter homes, trade-up homes, and luxury homes.
As with all things real estate, it’s about location. Good schools, well-paying jobs, low crime, good weather and access to services all influence where we choose to live.
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