British Couple Reacts to What $500,000 Buys You Around The US
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- Опубликовано: 11 июн 2022
- British Couple Reacts to What $500,000 Buys You Around The US
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They completely overlooked the mid west. 500000 can buy you a lot of house in ohio,Indiana, Kentucky,Michigan and states further west.
Really. As someone who lives in Kentucky, the idea of a "sophisticated 800 square feet" can go fly. If necessary I'd take the 500k and invest it into real estate that would sell fast at a slightly lower price, take the technical loss, and then the rest of the money's freed up so it didn't ALL have to go toward a house.
It can buy you more than one house in Upstate New York.
I’m just gonna quote the comment here because someone else will say it anyway so here it goes “yeah, but then you’ll actually have to live in the Midwest. Nobody wants to”
@@Dhi_Bee Many people do. I'd personally rather live poor in Indiana than rich in any of the places in this video.
For sure. 250k in these overpriced times bought me 8 acres with a private lake, trails, a 3BR/2Ba ranch with a finished basement, garage, and 3 porches right off i70 in rural Ohio. I can't imagine what twice as much would get me.
"What $500,000 buys you around the US *if you exclusively look within the nation's largest cities*"
yes, a poorly researched video
You can't fit every single city in in one video. if you want to fit in every single major city in the us like Cleveland, Detroit, Cincinnati, etc it would have to be a 10 part series.
@@ezplays3321 I think he means somewhere more at the edge of a city, like my 2100 sqft 4 bed 3 bath 3 car garage home on .22 acres thats valued at $332,000. 500K would buy you a large house or lots of land here in central texas.
Indeed.
I bought my house for $120 k. 20 acres in ground pool, 4 bed rooms 3 baths and modern utilities, 4 car garage. Etc.... 1 hour from major city (Pittsburgh).
All depends where you live.
Wish they would have shown some other places outside of coastal cities. It can be pretty cheap to live in the country. My family bought a very nice cabin in Wisconsin with 360 acres for less than 400k. It butts up to property owned by other family so we have access to 720 acres (1.25 sq miles) with nice dirt roads and drainage.
You have to pay me to live in Wisconsin lol
Property taxes in Wisconsin are among the highest in the US…plus it’s too cold in the winter for mere mortals….
I work in Traverse City Michigan I'm not even sure if I've ever even been in a house worth less than 500,000 maybe a couple trailer mobile homes
@@mr-vet Yeah property taxes for the state are very high and are a scam as far as I'm concerned. If you own something outright the gov should not be able to take it. Out in rural areas though they are not that bad because its based on land value and services in the area like schools. At our cabin they are not that much but my parents pay like 17k a year in property taxes for their house on the water which is ridiculous.
Most homes or apartments are “staged” to make the property more inviting. If the furnishings are included, they would specify that.
Appliances often are.
Stove, refrigerator, dishwasher, microwave are included in kitchen but all other furniture you would have to buy.
In STL, half a mil will get you a mini mansion.
Ginny 57 is correct- Most realtors work with a company that brings everything "not built in" to the homes that they are ready to show and sell. The company "stages" every room with "The best high end(costly) items" to make most love the homes. That usually brings in many people wanting to buy the home, and the asking price(the least the seller would take) immediately starts a to go up with each and every bid & counter bid from the people trying to buy it. After a while(longer periods of time, the more people that are bidding for that property) the buyer that offers the most money gets the the home. Once sold, the company hired to "stage" the home with everything from furniture to a plate, a towel, a soap dish and even forks comes in & removes everything they staged it with. If You want anything they used it's then time to try and buy from the staging company(which are pretty high because they use the best & highest priced pieces). Also "Furnished" rarely ever apply to homes being sold, it is mostly applied to rental properties and apartments(only if stated) and almost always only means living room & dining room furniture, sometimes washers & driers... You're left with all of the rest You'll need to live. I love You two, You're the greatest, and I hope that this helps! Take care of Yourselves and each other for Us.
✌️❤️🙏🫂🙋♀️ Patti
Las Vegas is an actual city, its not just the strip, people who live there don't even go to the strip unless they work there
Vegas here. I hardly drive down to the strip unless I'm seeing a concert.
Well except for the monthly trip to use all the drink tickets your friends on the strip gave you.
lol I live 2 miles from the Strip, work 1 from it and haven't gone in over a year. 😂 sadly don't think they could find a house at this price anymore. :( Vegas used to be the best kept secret (ironically given it's tourist mecca) but guess the word got out.
@@GlutenFreeVegas when I left Vegas I had to get a ride through the dessert to the airport on the edge of town. When I came back to visit someone the airport, though it had never moved, was in the center of town.
I would guess drink ticket walks are less common now that there isn't a sidewalk to actually walk on.
@@GlutenFreeVegas Seriously? I've heard people say that before and I've never believed it. Do the tourists affect you much where you live?
I'm with you Millie! Give me a place out in the country. I hate big cities! I wish whoever made this video would have shown some more rural options
I like small cities. Like, between 5k and 20k population. Big enough that you don't *constantly* have to drive to the bigger town down the road for things, but small enough that you don't have big-city problems.
In the US, the further in the country , you go out the more land, the price goes up.
Absolutely! Give me at least 2½ acres, 6 (or even more) would be better! I want some elbow-room! Although being not more than 40 or 50 minutes driving-time from 'conveniences' and such would be nice!
@@marydavis5234 ... that's true if you're within 20 or 30 miles of a medium-or-larger city. If you're 40+ miles outside a *small* city (like, *under* 100K) - prices can be very reasonable!
I bought a 3brm, 2 bath home w/attached 2 car garage two years ago in Cheyenne, WY at $235,000. I am a half-mile from Downtown and the state capitol building. I have added $75,000 in improvements including solar, on-demand hot water, hardwood floors, and a walk-in tub/shower combo. I have gotten two offers from agents for $345,000 in the last two months. not selling lol. As a veteran, the proximity of the Airbase and the V.A. hospital make this an ideal location for me even if it has 7months of winter weather. By the way Cheyenne has a population of less than 65,000.
Listen guys, if you stay away from big cities, you'll find your dream home for around $350k-$400k! I live in The Great Smoky Mountains of North Carolina. Everyone on the east coast tries to relocate here to live! We call them halfbacks because northern people retire and moves to sunny Florida, then they realize it's too hot, so they come back up halfway which ends up being my state.
Eastern NC was so freaking beautiful. Between NW GA and SE NC damn! I didn’t mind driving 6 hours round trip for a good hike. Such a nice area!
In Missouri, USA you could literally get a Mansion on 100 acres for $500K!
Parts of Upstate New York you could get a sizeable property for a half million too, but everyone assumes that New York is just the city. We have deer, coyotes, bears, and even the occasional moose.
@@petenielsen6683 I’m from STL. Have a friend who grew up outside Buffalo. She says the exact same…almost word for word. It’s like people who think KC or STL rep Missouri. They REALLY DON’T. Small town Missourians are way more friendly on the whole. I do like STL but grew up here so I’m biased.
@@jimreilly917 I've lived in both Binghamton and Syracuse and am now in the St Louis area (but am a native of So Cal). You can get a decent house for very little in parts of NY, but the question in some places is whether you can find a decent job. We opted to get a house just outside of St Louis County in an area that's still technically considered rural because we _don't_ have $500k to spend on a house. We're just far enough out that the house was still affordable to us and I love that there's nothing that brings non-residents to our town (other than fireworks...).
@@angiebee2225 Great, isn’t it?
@@jimreilly917 I'm happy with it, and thankful we bought when we did. Zillow thinks our house has appreciated $44,000 since we bought it late in 2019.
I love the part about laying your own turf in the backyard of the LA house. Remember, LA is in a desert. Can you grow grass there? Yes! Will it cost an insane amount of money in water to keep it alive? Also yes!
If you could get water to water it.
exactly, when i first moved to AZ there was desert landscaping all around. by time i left the easterners had moved in and insisted on Kentucky bluegrass yards, pretty but water hogs. now the water table has dropped horribly
It absolutely blows my mind that living surrounded by millions of people is worth a 1 bedroom apartment for a half a million dollars. Where I live, you can build a 6 bed, 3 bath 3,000 Sq ft home with acreage, ponds, and woods. I guess I'm just a simple guy who doesn't need a $4,000 refrigerator lol Clearly, I'm not a city guy.
I'm minimalist, and spending that much on any appliance is insane! give me something functional and I'm happy.
I have a $400 refrigerator and it’s running just fine!
I'm not bashing fancy things, they're awesome. But there's no amount of money I could have that would justify a $12,000 countertop when a $2,000 one would still last 100 years if ya clean it once in a while. To each their own, I'm not judging. Just not for me.
I've been to NYC and L.A. never could understand how anyone could live in either place, garbage everywhere. I'll stick to Rural Indiana.
I'm even a step down by half and get almost all that. We spent $240,000 (I needed a lie down with a cold rag over my eyes after signing the paperwork for THAT, half a million, I would have had to be hit with elephant tranquilizers!) and our place even has an attached full apartment (so I could care for my mil before her death), a studio, a greenhouse, a workshop, deck surrounding with picnic gazebo and pond! Toss in the real spiff - 3 large wood heating systems that, while we have fuel based heat and electric, obviously, we actually only heat with wood. Something rather nice to have as a butt coverer in stressful times! (Also means if I want that extra slice of cheesecake in the winter, I have it. Hauling wood = the woodburners diet! I can't wrap my head around how much it costs so many places!
I know you said that you have no plans to move soon, but also keep in mind WHERE a house is. Homes may be cheaper in Las Vegas, but then you are literally in the middle of the desert. There will be extremely hot temperatures much of the year, which limits how often you can go outdoors. And there are water shortages. I myself would never want to live there, but of course, to each their own.
no different than east coast low temps making you stay indoors for 'much of the year'
@@maddhatter3564Which doesn’t affect me since I don’t live on the east coast 👍
The western US is experiencing pretty severe drought conditions for the last 10 years, you probably couldn't fill a swimming pool in Las Vegas, or if you could it would cost a ton of $ in water bills.
You can buy 20,000 gallons for around 400 or 500 bucks to fill a pool.
Yep, Lake Mead and Lake Powell are currently half empty. It's such a waste of water to live in the desert and have a swimming pool. We need to do better with our water conservation.
@@AzaleaLuna hope to God monsoon season treats you guys well I seen the lake and it's very worry some.
People have a right to live how they wish so keep your politics to yourself.
@@sunniertimer598 it’s not politics it’s the health of the earth which is everyone’s lifeline
Agree with Millie - a nice place w/some space outside a medium-sized city. They didn't really touch on anything the southeast, midwest, or mountain west has to offer.
No shit. Here in Ohio you can live like a king
In Portland Oregon that would get you a tiny house (1500 sq tt) with no lawn
An hour outside KC on the Kansas side. It’s perfect
500k in Alabama gets you a 3500sqft mansion with a pool and garage.
Too true. Just browsing I found a 6 bedroom, 6 bath, 3,630 sqft house with a pool in Tucson for $500k.
When buying in the US, most homes are typically not furnished. Sometimes when renting, you might be able to find one furnished but, that's rare as well. It is common to buy or rent where a fridge and a stove/oven combo to be included, although not always. For instance, in the house we're in now, there was a cook top and a wall oven but, no fridge.
working a wildland fire job in Oregon with 3 other guys and the place was entirely empty save for the plumbing and 80s kitchen. I was shocked by how much second hand stuff we got in 2 weeks alone. Even the basement where I'm staying is pretty nice
Depending on the state or municipality the owner is responsible for replacing the appliances or furnishings placed in the unit at the time of rent, unless they remember to negate that in the contract.
Wow, I guess the Midwest doesn't exist, or they didn't put it on here because you'd have cash left after buying a house here.
I live in the Central midwest (Kansas) I have 20 acres, 2 barns, a woodworking shop, storage sheds, and the wife has her gardens and animals, we have a beautiful home, and 10 years ago we paid $120,000 for all of this...even today its less than 200K. Location, location, location.
500000, buy 2 farms
That is why Kansas is the joke of the US.
Out here in rural East Texas, that kind of money will buy you a ton of land and quite a good life. In SF or NYC, notorious for high standard of living? May get you an apartment.
Where you live pretty much is dictated where your employer is located unless you can work from home and never have to go into the office.
go to rural America, you can buy 10 houses for $500k
Not true. I live near SF and you can find a great house for $500K near SF. The Central Valley is way cheaper than the coast.
@@LancerX916 I was more meaning the city itself. I've admittedly never been there(or at least that I was old enough to remember) or NYC but SF is pretty infamous for having the highest cost of living in the country.
I've been to Texas. Absolutely beautiful! Ur lucky. 👍
Pity this video only covered major cities where cost of living and real estate is high to extreme. 500K would buy so much more in the majority of America than the locations mentioned.
Where I live in Hull Massachusetts 500k gets you a 3 bedroom Cape style house within 1km of the ocean. The misleading part is 95% of all the homes are within 1km. Hull is basically a huge sand bar that juts out into Boston harbor
This video only shows a bunch of big city stuff and one example out of millions. And also, you mentioned grass in the backyard. They don’t have grass in the southwest. It’s desert, so they have nice rock and gravel formations with lots of desert plants. It’s actually really nice.
I'm Colorado Springs, I bought a 4 bedroom 1.5 bath in a well-established neighborhood and 10 minutes away from out Medical Campus, where I worked. $132,500. When I sold it 4 years later, I got $180,000. Still super affordable with all the upgrades I had. I replaced appliances with very nice ones and there were wooden blinds and hardwood floors. ❤
Sounds nice!
Jealous. Visited there in college. Absolutely beautiful.
@@ephennell4ever I dolled it up! I watch too many DIY shows! 😆
@@jimreilly917 I love it here. It's getting really big, El Paso county is the largest populated in the state. I've been here since 1986, when I was 7. I remember some of these streets being dirt and now they're highways! 🤣😭 The mountains make up for it. 30 minutes from me and you're g into them!
@@jenniemitchell7731 🤣 I love that…it sounds like the suburb I grew up in which unfortunately is now yuppie hoidy toidy.🥴🤣
The midwest would be perfect for Millie. 10% down and a job and it's all yours.
I wouldn’t have grass if I had a house in LA because of the water scarcity.
NY is big though. Every area in Brooklyn is different, and there's also Staten Island and Queens. Also half an hour from the city, much different environment and prices.
Generally, homes here are not sold with the furniture. It happens and you can make an offer if you want to buy some or all of the furniture with the home, but that is not common. People take their furniture with them - or if a real estate agent staged the home for sale, they will remove the furniture when the property is sold. Anything attached (cabinets and sinks, for example) will stay. Appliances are usually negotiable, as well as window coverings. Couches, decor, etc. would be what is not commonly sold with the house.
In the Brooklyn part, how did the guy say "Verrazzano"? I had to listen to it three times to make sure he was trying to say what I thought.
Yeah, not a native of the north-east - maybe not even from east of the Mississippi!
$500K will get you at least an acre sized lot and a large high end home in urban Oklahoma. In rural Oklahoma, you'll get a lot of land and be able to build your own home with high end materials and a lot of space.
$500K is not a lot in NYC metro area. But if you live in the suburbs outside city limits you can find something. Some people prefer a small apartment in the city over a house in the suburban areas. And some vice versa.
If you really want to live in the middle of nowhere, you can buy a very nice house with acreage for $500,000. The trade off is, you have to drive long distances to do anything. I live in the middle of nowhere, and my nearest grocery store is ten miles away. With gasoline prices being so high, I have to plan my trips to town carefully!
You can get plenty of houses in Texas in the middle of nowhere for half that amount. Tennessee and Kentucky are nice too. Virginia is gorgeous and close to the big cities even when you live in the country.
yup i live outside of nashville. bought my house for $110k in 2006 and now it's "worth" $275k with 1300sq ft, 3 beds, 2 bath, garage. $500k would buy a NICE place!
Most housing developments have a few model homes that are staged with furniture. Most homes do not come furnished. Some new or used houses are staged with furniture that you can purchase in the deal
The homes pictured with furniture, were probably the builder's model homes. Usually, each builder has one or two, when they are building houses in their subdivision. It helps show buyers what it might look like, when furnished. (They also usually offer several different elevations and floor plans, to suit your tastes.) A major consideration for location includes average climate factors. Some areas have extremely cold winters, and Florida and the Texas coastal region are at risk of being hit by hurricanes(with flooding). Many of the major U.S. cities have high crime rates, like New York, Houston, Los Angeles, Chicago, and San Francisco. I agree with others that say a mid-sized city, is preferable. Housing is much more affordable, less crime, and you can still visit any of the larger cities whenever you want. ❤✝
Rochester, New York is considered a medium sized city and has the highest murder rate per capita of any city in New York State. It even has an area called the Lethal Crescent that police officers who have been on the force long enough will avoid.
@@petenielsen6683 Houston is having a spike in crime right now due to ugly political factors, but it is normally one of the lowest-crime cities in the country, even compared to "smaller" ones like San Antonio, New Orleans, or (dread) Detroit. When the judges and DA's in Houston stop giving low bail or PR bonds to dangerous repeat felons, the crime rate will drop again.
The model homes almost always include extra cost upgrades from the standard builder model. That house in Vegas may not come with the pool for the price.
I have multiple friends that own their homes in California. One was $220K and can rival some of these houses in Texas and Vagas. It's all about location here. In Ca you can find a nice place for $500K in the right location.
20 years ago
@@TK-hw2ph yeah, ikr? I live in a small city in North Carolina and you wouldn’t get anything close to those houses he showed in Las Vegas or Houston here for $500k. Maybe 20 years ago, but I live in a 45 year old 2800sqft house that recently appraised for $350k. The real estate market is nuts right now.
You have to think about the water problems in the southwest! Those desert communities could be facing severe water shortages in the near future. It would be a shame to put all your money into a house, and then a year later find out there’s no water! I’ll stay in the Midwest, where water is plentiful, and housing isn’t nearly as high priced as the big cities.
People have bought what they called a dream plot of land in CA and paid an architect to design their house and then found out they cannot get the permits because their town of choice is not connecting people to water lines.
And in places like Miami, you have the problem of too much water, specifically, sea water at high tide, with ocean levels rising.
I live in the middle of nowhere, yet still within 60 miles of everything you’d need. The county I live in has a population of 16,000, is about 10 minutes to our little town (20 to a larger town with interstate access), is situated in the hills of the Appalachian Mountains, and is gorgeous. My husband and I have 18 acres and a 3 level home (5000 square feet including all levels and separate space above the attached garage. There is a separate 2 car garage with built in kennel space and an in ground pool all for that neighboring price point (less, not more). So, someday, do your homework and the dream can be yours.
What do you do when you need emergency heart surgery? Drive 60 miles? I have a world-renowned hospital about 500 feet from me.
Amen. I have a 2000sqft ranch with a mostly finished basement that all but doubles the square footage. 8 acres with a rifle range, lake, spring, mineral rights, and enough trees to build anything I could ever want should I become a decent sawyer. I'm in LTL logistics and my wife is a RN-BSN. Worked out butts off to get what we have, but nobody can take it from us without a bullet to my brain.
@@joelwillis2043 It's called "Life Flight" in most places. In a big city you are more likely to NEED a hospital given the escalating crime.
What dream ? How about the cost of health care , vacation time , half your wages goes towards taxes , I work to live not live to work , they need to look up the pros and cons first .
@@2528drevas Yikes, you couldn't pay me to live in an area that has a drought of medical services. I have a very good fire station literally down the street. The crime per capita where I am is extremely low. I don't live in a major city but in the suburbs of one. The meidan household income is over $150,000 though.
Regardless of asking price, the most important question one needs to ask their realty/real estate agent is "What is the cost of monthly up keep?" and often times you'll find the real price of the apartment or house in that.
especially with condos. i never could understand buying a place then having to pay rent
Millie has my vote on living out in the open with a wrap around porch and maybe a swimming pool!!
Atlanta suburbs, you'll get all of that. Also Naperville, Illinois
@@debbylou5729 lol I live out there Chicago suburbs are underrated. I live in a big house for way less then what people pay in NYC for one bedroom.
😎my wife’s dream.
Instead of filling up my backyard with a big pool, as someone who misses swimming laps for exercise, I would build an attached all-season backyard structure and put in one of those small pools where you turn on the power and can swim as long as you want without actually going anywhere.
Noooo... not a swimming pool, a 1 to 2 acre pond stocked with bream and bass with a pea-gravel-bottomed area to swim in. All else is gooood.
Y'all wouldn't believe what 1/2 a million could buy you in Birmingham, Alabama.
Condo buildings usually have units with various floor plans. The unit in the first one that was only 1 bedroom might have a 3 bedroom neighbor. Rooftop gardens are also often communal space for the whole building.
where i live we got home Estates for sale that are nice, and the price tag can range from $112k to $5.8 million per house on Zillow,...and some are even 7 bed 8 Bath luxury with spacious Backyards.
Note about Houston. One of the reasons housing prices are lower than you’d expect is due to the yearly risk of hurricanes and flooding that follows. Love your channel guys!
That is not true. Florida and other east coast states have an equal risk of hurricanes and the prices are much higher. The reason it is cheaper in Texas is because we have no income tax and taxes are lower overall. There are fewer building restrictions and there is a lot of land.
@@AzaleaLuna property taxes in TX are pretty insane though.
I love my house in Houston.
We have a four car garage thats A/Ced,it sits on the sixth fairway of a beautiful golf course,and has a swimming pool and hot tub.
It's around 4800 sq feet with a second story game room that has a 60 inch big screen,and a wet bar.
All for just over $500K
I guess to each their own, I had choice to live in Houston for work. I passed on it, the traffic was horrible and with no zoning laws Houston is very much strip malls. It was also hard to find neighborhoods with good schools in the city. You were forced too look in the suburbs such as Sugarland or the Woodlands. The prices went up in those areas.
when did u buy?
Very rarely would a home be furnished. If so, it is likely an old home and the owners have died or gone into nursing care.
Hi James and Millie,
I live in a town called Long Grove, Illinois, which is only 45 minutes Northwest of Chicago, it has one of the best school districts in the state, and it has no crime. Here $500,000 can get you a 4,500 square foot house with 25 foot ceilings, a fire place, five bedrooms, six bathrooms, an office, a finished basement, an open concept kitchen with a spacious family room plus a formal dining room and living room, a large laundry room, a three car garage and a one acre yard. Living outside the city has a much higher standard of living for a lot less money. Also, just an hour north of here, in Fontana Wisconsin, you could get a brand new 8,000 square foot home for $500,000. So it really is all about the location.
I'm a native Houstonian and I am biased towards my hometown. I would like to add some pro's and con's to it though. Houston has the worlds largest medical center ( The Texas Medical Center) with hospitals, research centers and schools. Mostly universities but a magnet high school as well. It is also good to note that Texas does not have a state income tax so that helps stretch your dollars a little further. I will however have to say that it is very challenging to get around the city without a car. Traffic is a nightmare and although we have some of the widest freeways in the world, they bunch up every rush hour to a slow moving crawl. The closer you live to your job, the better and if you work from home, all the better. The humidity in this town is a killer. Were close enough to the gulf to get the full humidity but too far away to get the refreshing sea breeze and all the concrete in this town doesn't help that situation either. You will learn the true value of AC in this town I promise you. That being said, it's an easy place to find work and a cheap place to live, compared to other cities around the world with the same population.
Rush hour? I go through on 10 pretty often, and it seems like nobody knows how to get on or off of 45 or 69, no matter what day or time, those are always the worst spots.
/can't speak for in-town traffic or public transit, since live hour and a bit to the east. Damn right about the humidity though, this summer is shaping up to be a rough one
@@d34dR0d3n7 I-10, on either side, isn't even the worst. That honor goes to 59/69 through the southwest part of the city and heading towards Sugarland. We've been calling it the "southworst freeway" since the 80's (although I like traversing that area at night when there is no traffic but the comforts of West U and River Oaks flank the highway). 45 north was pretty bad for a long time because there was no other way to get past the Union Pacific tracks, and the two-lane freeway only needed a minor accident to turn into a parking lot. Since the expansion was completed about 20 years ago, it's a lot better. The same goes for the Katy Freeway after BW8 was built in the late 80's causing a major logjam where traffic from BW8 was trying to merge, but that part of I-10 has since been widened to 7 lanes and is much better now.
As a Dallasite I agree. Houston has so much to offer.
@@BigLifeWithLitlJay Oh, 59 sucks ass too. The switch to...whatever it is that goes to the VA off Old Spanish Trail is just pure chaos of nobody knowing what they're trying to do.
@@d34dR0d3n7 Ah, yes. The famous one-two punch of the ramp from 45 northbound merging with the southbound traffic on 59/69, where two lanes merge from opposite directions with no clear indicator who has the right-of-way, followed only a mile later by the ramp to 288, where everyone in the left two lanes decides that they want to take 288 at the last minute at the same time that everyone in the right two lanes decides that they do NOT want to take 288. That's why 59 is called the southworst freeway!
Work has been delayed by the Chinese cooties, but that whole knot of freeways is scheduled to be ripped up and replaced by an umpteen-lane superhighway that will be UNDERGROUND. Yes, there are official plans for an underground freeway in a city that is famous for its catastrophic floods. That plan must have been FedExed in from a pretty dark corner in the land of bad ideas.
I’m personally a big fan of the Midwest. Love my home state of Michigan!
My sister and her husband lived in St Joseph for a short while. Most lighthouses in the country and a few are in St Joseph alone.
... except the Lions!!!
@@richardsbrandon5027 I grew up in the UP, so I’m a Packers fan myself 😁
@@thegastroparesisgoofball1030 Yes!!!!!
Recently, June 2, 2022 I sold my Round Rock TX home. I bought it almost new in 1990 for $78K. 1700 sq ft. The selling price was $485 000. The market was driving these 600 to 700k homes in my area.
I was just recently talking to someone who lives in that area about how much housing costs there. 5+ years ago my company had relocations to Austin, St Louis, and Denver. I had done some housing research at the time and was really shocked to see how much prices had gone up. They grew in St Louis, too, but not anywhere close to that much.
You could do something crazy like move away from the cesspools...errr...cities and have a beautiful house with 30+ acres of land to play on and no smog!
In the midwest, Mo., Arkansas, Oklahoma, Kansas you can find very nice homes with acreage. Your rural, small towns in particular have some affordable housing. If you choose, you can pick an area with a reasonable commute to a city if that meets a need for you. Small towns are family oriented. People get excited to see their children participate in school basketball games, ect. The church brings people together. Depending on which part of the country you choose to live in, there are rural areas that have much to offer. Any decision,however, should be made with careful thought as to wages and your lifestyle preferences.
Here in southwest Michigan, homes vary in price with the most expensive near the lakes or rivers and are a Million or more. If you get a home by a small lake, generally, they are within 200,000.00 and above, depending on the updates made. Some homes can be baught cheaper and then remodeled. Some people flip the homes and resell at a higher price.
MI is beautiful its the only downfall of moving out west. I would have loved to gone back up to Mackinac Island before I moved. Its such a pretty state.
Out in the middle of nowhere houses (as I call them) in Kentucky and Tennessee are beautiful. I live in KY and love driving through this beautiful state.
My rural house on 3 acres found me! I purchased it last January for a fraction of that $500,000 in Central New York State. I named her Serendipity. ♡♡♡
Parts of Ontario County are requiring people to have at least 2 acres now in order to try to prevent urban spread. But I grew up near Marcellus where most houses sit on a half acre. My parents paid about $53k in the early 60s and sold it in 2005 for nearly $190k as an all cash offer. In Wayne County my sister and her husband live in a house built in the 1970s that sits on about 4 acres. Both the house I grew up in plus my sister's house would be less than 500 grand put together.
I've lived in and around Houston for most of my life, and the cost of living (not just the cost of housing) in other major cities blows my mind. I bought a 2400sft 4-bed 2.5 bath house in the suburbs for just over $200k, but in the current exploding market it is now worth closer to $300k and rising. Brand-new "mini-mansions" like the one showcased are available all over the city for $500k and less. Mine was built in 1977, so I do a lot of upkeep.
Bear in mind that Houston is a SPRAWLING city, geographically almost as big as NY and LA COMBINED, so nothing is ever close. Yards are big (mine is 11,000 sft) and drives are long. The video you are watching is also using slightly outdated info. Houston just recently surpassed Chicago as the 3rd largest city in America because current business and political factors are driving people out of Illinois/California/New York and into Texas. Also, Houston's size makes it geographically diverse. The city's core was built on the swamps surrounding Buffalo Bayou, but north and east of town is piney woods, while west of town is flat prairie with relatively few trees, and heading south of town starts to smell salty (the good kind of salt air) as it approaches the coast. None of the 'burbs are swampy, but all of it is brutally hot and humid because of the proximity to the Gulf of Mexico. Newcomers to town, even ones from the deserts out west, are surprised at how hot it is, even if the temps are lower than Arizona or Nevada. We also have flying cockroaches that are the size of your thumb. That's not an urban legend. I'll take them over a NYC rat any day.
Rural areas like the hill country between Houston and Austin will provide even more house and yard for even less money. Austin, however, is a minature Los Angeles, with overpriced tiny flats going for a small fortune.
My wife and I sold our house in Northwest Houston almost 2 years ago and moved to San Marcos, TX in the Hill Country. We sold our house for way more than we purchased it. While we loved living in Houston, we just wanted a change of scenery, but we MISS the delicious food in Houston!!!
@@toddcoburn921 San Marcos is BEAUTIFUL. I'm probably going to pull up stakes and move to the hill country too, once my nest is empty. I'm thinking Leakey or some other spot close to the Frio.
@Big Life,
Dude, forget the cockroaches, you gotta warn folks about the half-inch long mosquitos that will bite THROUGH your clothes!
@@Falcun21 Boy howdy, you ain't kidding about those suckers. They're all over Texas, the Bible Belt, and down through Central and South America, plus the other species that are wreaking havoc in Africa.
I mentioned the giant, flying cockroaches because they seem to fairly unique to our geographic area, but I have family in SWLA, NOLA, and SWMS and have seen a few around there, too.
Poorly designed city.
Homes in the western USA don’t always have grass. Greenery requires water, and that is one resource that is in short supply in California. The west is going through the worst drought in decades, and the primary sources of water, the Colorado River, Lake Powell, and Lake Mead, are all drying up.
There are still some members of Congress who want to build a pipeline from east of the Mississippi to help with the water problem out west, but they forget that places like Upstate New York have been experiencing drier than normal years too. Syracuse averages 10 feet of snow each winter but the last few they have gotten about half that and the other seasons have not made up for the short fall.
Make that Southwest. The NW is not in a drought.
@@pacmanc8103 I get your concern, though. To be fair, I hadn’t paid any attention to weather east of Missouri until recently, so I have no frame of reference for your comment. It is the weather out west that directly impacts me in Missouri, afterall.
The Midwest has been in droughts off and on for years. Winter is usually when it’s worst, here, believe it or not. This spring has more than made up for the shortfall for us this year. We aren’t flooding yet, but it’s soggy and fungi are growing in our yards. Kansas City recently had 4 tornadoes in one night, which is unheard of.
More to the point, though - the drought out west is the granddaddy of all droughts. Humans are using water far faster than it can be replenished. Lake Mead dropped about 15’ in less than a month. Lake Powell is at least as bad. I don’t know what’s going to happen when either or both reservoirs reach “dead pool” status. Both are at risk in the near future. I hate to say it, but I think people need to leave the desert for a while until we can learn to manage resources better.
@@triciaw8953 I’m not referring to east of the Rockies but rather the Northwest (as in Washington and Oregon). There has been record rainfall this Spring and the snowpack is far above average in the Cascades. The Southwest remains in a critical drought.
@@pacmanc8103 Oh, I’m an idiot! LOL I completely misread your initial comment. My apologies.
Pretty much anywhere outside of major cities you can get a mansion for 500k.
Bought my house for 102k two years ago. 3br ranch. Full basement. 2 car garage. 3 acres in the country.
I live out in the country in Northeast Georgia and here for $500,000 you can get a 5br 3ba house with a full finished basement and at least an acre of land
Difference between Europeans and Brits: narrator said Brooklyn is “only” a 45 minute subway ride and that was too much for James lol
Also, for Millie, what you think of when you see Las Vegas, with all the casinos is the strip. That’s only a small portion of the city. Most of it is like any other city. Still, the raw heat is enough to keep me away. But the touristy parts shouldn’t keep you from going.
When I lived in Las Vegas I lived on East Flamingo and it was the weird zoning that got me where commercial and residential mixed in the same block. Although I loved it my wife hated the bugs (black widows in the outside washer/dryer area) and the heat. It hit 119F (48.3c) with a heat index over 130f (54.4c) more than once.
I grew up in Las Vegas and lived there until my mid 20s. Most locals avoid the tourist areas unless they have to go there for work or want to catch the occasional show. It's actually a fairly nice "city" (The actual city of Las Vegas is rather small. Most of the valley is actually Henderson, North Las Vegas, and Clark County land. The Strip, itself, isn't in the city.) to live in.
I'm in the US and 45 minutes is too far for me.
I know this video was made in 2021, but home prices has skyrocketed! I wonder how accurate it is. I don't know about the rest of the country but in Kentucky, our home went up $50,000 from 2021. Of course our taxes did too!
I bought my house in hart County Kentucky in 2020 for 102k. It's appraised for 185k now.
Arizona's Valley, North end would be New River to the southern end of Chandler, prices are getting quite out there and has been an issue in which the jobs available don't pay enough for the cost of living.
Relatively secure one bedroom Apartments where your car won't be broken into are on average starting at $1800 / Month and housing prices which used to be in the $300k range are now going for anywhere between $800k - $900k
In a bunch of places home prices already skyrocketed in 2021. I know someone in Austin, Texas who paid $500,000 in 2020 for a newly constructed home and in 2021 a house that is essentially the same as his in the same neighborhood sold for $1.1 million.
@@brianh6 I’ve heard similar things in the Dallas housing market.
We bought a 3,400 square foot cottage with 5 bedroom 3 bathroom on a 2.1 acres of property for $260,000 in Connecticut. In an amazing neighborhood. And we drive to NYC every weekend.
Usually they will stage decor to show the home. You can make offers on the home with or without the furnishings.
I lived in Vega for almost 7 years and left when the market crashed in 2008.
We absolutely loved it, the suburbs were a great place to raise your kids, but that being said, it’s changed in a direction I don’t care for.
I now live in central California in a small town and just love it. I’m an hour from the coast and an hour from the mountains, you just can’t beat it. 😎
I have a 4 bedroom, 2 full bath, 3 stories sitting on 2800 square feet of property in Texas and total costs was around $136,000(I bought in 2003 when I got back from overseas)
Probably worth 4 times that now, my house is similar size on 3/4 acre in Oregon. I bought it for $120,000 in 2001...it’s worth about $400,000 now
That's pretty good. I have almost the same. 4 bedroom, 2.5 bath, 2 car garage, built in 1979, suburbs north of Philadelphia. Around 2003 it was appraised at $350k.
Did you mean a 2800 square foot house?
@@kxd2591 that is the lot size
@@GilaMonster971 what’s the square footage of the living area?
My ancestor, whose last name was Brickell, came to Florida way back and that city is named after him, he was from England. Just FYI.
In mid/east-Michigan, 500k could net you 10 acres, a 2500+ sqft home with a pool, pole barn and a few out buildings.
If you bought a half million dollar home in a much smaller city or suburb, you could get a mansion.
Brooklyn is a borough of NYC, just like Manhattan, so it wasn't "outside of NYC." NYC is more than just Manhattan. Also, Southern California has a drought problem so it's a lot to ask for "real" grass.
Yup…5 boroughs.
The suburbs surrounding the *Las Vegas* strip are normal except for every convenience store has slot machines. I lived in Vegas during high School. It's no different unless you have a view of the strip lit up at night
One also needs to take property taxes into account. In Texas, for example, homes/property is relatively cheap, but property taxes are among the highest in the US-even higher than New York.
8:18 Doubtful if the one in Las Vegas would be furnished. It would be the complete opposite of Jersey. You would be in a desert. 11:29 Houston again has oppressive heat & humidity. If Millie wants to be out away from everything, that can be done in almost any state. Including New York & California. Land (which normally comes with rural life) can add up quickly. But that can be overcome too. You guys should decide the climate you want to be in & go from there.
I live in Minneapolis, Minnesota and I could buy two of my house with 500K. My house is 3 bed, 2 bath and 1800 sqft. It definitely isn't fancy but it's a house. Considering I moved from a 400 sq ft apartment to my house, I can definitely say, if I can avoid, I will never live in a place that is smaller than 800 sq ft.
In Melbourne FL you could live beachside in an absolutely beautiful house for 500k.
Las Vegas has good houses, but when I visited there it was really hot and barely any trees!
Grass lawns can be a problem in LA they often ban watering your grass during the constant droughts.
They use too much water in general. Lawns were meant for recreation. But in this country, we've showcased them like trophies. Waste way too much water.
@@blackblake3658 east of the Rockies that's not a problem. You just can't live in a near desert and keep the same aesthetic.
I'm assuming these prices are out dated, I'm in Orlando and the prices for housing in the last year have went up 20% to 25%
Furnishing is only included if it is specifically mentioned to be included in the sale of the house in my experience. Texas doesn't build for the occasional freezes they get. So a few years ago they had a power outage over large parts of Texas, so they had water damage after they started to thaw.
I live in San Antonio, TX and my house is 3,500ish square feet (5 bedrooms, 3.5 baths, 2 living rooms, and a dedicated home office). I paid $250,000 for it several years ago. My wife and I have remodeled it, did some land scrapping, and added a $100,000 24kW solar system with battery backup and a 17kW generator on an automatic transfer switch so the power never goes out. It's in a very desirable area of the city, and several extremely famous country musicians actually live in the same neighborhood. We got an unsolicited offer for $750,000 a few weeks ago but we're not interested in selling anytime soon.
How much are home insurance rates in both those places? Hurricanes and earthquakes? Albeit the the chance of a yearly hurricane(s) is much greater in Houston versus an earthquake in LA. You may have to meet certain construction requirements for natural disasters to get lower insurance rates.
Not to mention hail, tornadoes, snow, ice. I live in North Central Texas, at the South end of Tornado Alley. We get our fair share of tornadoes, but hail storms are more likely to cause damage. If I could afford it, I'd live in the Pacific Northwest....
Myself I prefer a working ranch with horses, the quality of life is so much better, everyone is way more friendly than they are in the big cities. In the country we believe, you treat others the way you want to be treated. God. Family. Country
They've pushed my 'hot button' here! This is something I've been contemplating for decades!
If you're willing to locate at least an hour outside even a small-sized city, somewhere at least several hundred miles (1000km.+) from the ocean ... $500K can get get you quite a bit! Like maybe 2.5 acres (330 ft., or ~100m., on a side!) and a house with at least a couple thousand sq.ft. (185+ sq.m.!) in it!
I have - twice! - designed an octagon-house, with a second floor that's smaller and set back from the first floor, all the way around. Both designs also have a 360° wrap-around, covered (but not enclosed) porch about 6 feet (2 meters) wide. I set the house just slightly above the ground, so the porch puts you a couple of feet (~.6 meters) above the lawn-area.
Now I just have to figure out a way of getting that half-million! Wish me luck! (I'm probably gonna need it!)
P.S. - my personal preference for the 'local environs' would be somewhere in the Rockies ... I've traveled around Montana and Wyoming, and I absolutely *love* it there! Gorgeous scenery, nice climate (I _like_ having four distinct seasons!), and the people I met were so nice ... I wouldn't mind having almost anybody I met out there as neighbors! Heck, there's probably areas (admittedly, rather remote - like, maybe an hour's drive from even a medium-sized town!) where I could probably swing getting a house on *6 acres(!)* (that would be 528 by 495 feet, or about 160 by 150 meters) for a half-million (maybe not quite that, even!) - talk about room to spread out! ... oh, to dream/imagine!
There's another video that's called, "What 500k buys you in every state" which looked pretty accurate, just shows the outside of the home but doesn't say how much land you get. Also, weather is pretty important
The sink Millie liked is called a farm sink and they’re AWESOME!!!
The cost of living typically has a positive correlation to the mean/median gross salary. While houses may be cheaper in more rural states, wages are typically much less
Ya but it's not proportional. I work in Omaha. My house costs probably a tenth of what it would cost in or around NY, LA, SF. Do you think a person in those places makes 10x what I make? I certainly don't.
@@bricehatcher8391 You can't cherry-pick a few of the largest metro areas that are dominated by lower-wage tourism/hospitality jobs
You know, if each of your subscribers were to donate $10, we could buy you an American house worth $1.24 million! Just something to think about. :)
Pretty sure with monetization they are doing fine ;) Funny thing is there are many areas in the U.S. that you can buy in this price range with acerage and a huge home. This is a huge place and if you are not married to being right next to a city and rather being in a town with a City about an hour plus away you can get a lot. The closer to the City the more you will pay which baffles me because Cities are not for me ;)
The new homes usually have models of each of the available floor plans, fully furnished for viewing. When you buy, you select a lot and model, and pick all the finishes. When you move in after the build, you furnish it yourself.
In West Virginia you can get 50+ acres within 30 minutes of Charleston and a 3000 sq ft house for 500k easily. I've looked at several 30+ acre properties with livable houses for under 200k. I bought my current 1600 sq ft house on .25 acres in South Charleston for 120k in 2019.
Yay! This video is working 😊 Love y'all!
I think the last one was actually taken down...
That's why I love Texas, low taxes is a good thing
No income tax, but sky high property and sales taxes. Plus Texas nickels and dimes you to death with user fees that are just taxes by another name like tolls.
@@jdanon203 Yeah, but you could live in NY state and pay tolls, high property tax, higher end of normal sales tax, AND have income tax. I owned a $60k house in NY state and my income adjusted property taxes were _higher_ than what I pay now for a house valued around $200,000 in MO.
It's great that we live in a country large enough to offer a variety of options. I've lived in several places in the country and grew up in a rural area. I prefer cities. What I discovered is that when you have access to everything outside your front door, you don't need a sprawling house. You can walk to everything.
If you live in the middle of nowhere, you need a larger house, and land to entertain yourself and your family. If you love interacting with people and appreciate diversity, you'll love major cities. It's nice to have options.
The houses generally come with kitchen appliances like a fridge and stove, but that's about it. Washer/dryer is rarely included, and furniture never.
I'm not sure when this video was shot, but things have changed a lot since then. First of all, prices all around the country have increased, and LA has seen a big spike in crime. I'm betting that gentrification campaign in South Central LA isn't going very well.
One other thing is that they failed to show any rural property, just to let the viewer know how far their money would go outside of a urban/suburban area, which is quite a ways more. For half a million, you could get a nice 2500 square foot house with 5 acres near Smithville TN.
exactly im right on the Ky/Tn border and can get WAY more house + several acres compared to what this video shows
And, most people looking to purchase a home in LA are not house hunting in South Central.
This narrator is full of crap. All he showed you are big cities. There are plenty of homes all around the country for a lot less. If you like the big cities, have at it. But you could find houses that are really nice with acreage in some really beautiful countryside. Home to have animals, horses, whatever. Believe me, there are plenty of Americans that would NEVER live in the cities.
In the Midwest like Missouri where I am I'm about an hour and a 1/2 outside Saint Louis South of it You can get a 3 bedroom ranch style which is one level with a full basement A detached 3 car garage Sitting on 4acres With a pool And your closest neighbors about a mile and a 1/2 away for that price
The house in Las Vegas is built after you pay for it and it will not come with any of the extras or come furnished. This is a model home to show what it can look like.
I did home appraisals in Houston for years. The markets are crazy different even just a few miles apart, usually separated by a highway. 500k gets you a good condo or townhouse downtown, while a few miles away you could have a massive brand new home or tons of land.
I live about 30 minutes outside of Houston. We bought our house in 2019 for just over $200,000. Granted it’s slightly older, but 2,400 sq. ft. with a garage, 2.5 baths, 3 standard bedrooms, and a master bedroom with his and hers closets. We got lucky with a good deal, but my point is if you’re willing to go just outside the major cities, you can get way better prices.
I'll vouch for Houston - I've lived here 2 years short of my entire life. There's not only the inner loop, but it is such a sprawl that the suburbs are connected at the hip. 250k US still gets you a massive house about 35-1hr commute away. The caveat is that you're moving into 43°C summer (July -> October) temperatures, so expect high A/C bills and lots of staying indoors.
You really have to look at water security when considering purchasing a home in the South West. Los Angeles is in water restriction currently. The water behind Hoover damn is at record reporting low levels. Check out Appalachia; Kentucky, Tennessee, West Virginia etc. Also the Great Lakes regions; Michigan, Wisconsin, Ohio
Everything continues to go up. Built our house for $360k in '16, it could sell now for around $525-550k. That's for 3 car garage 3,300 sq ft in suburb of bigger city in NC.
depends on where you get it, like a home in Eastlake, Ohio where I live $500,000 can get you a home with 1 acre of land and 4,000 sq. ft. mansion my dads home that I was raised in is on a half acre of land and is 2,250 sq. ft. 1906 Queen Anne style home with 3 bedrooms, 2 bathrooms, kitchen dinning room family room and living room and a basement and the house was appraised at $225,000.
Homes do not usually come furnished in the U.S. They stage new construction so you can visualize it.
houses are required to be complete with functional appliances installed and in most high end cases, a third party company comes in and stages it but if you want to keep the furniture thats extra and should be discussed in your closing cost meeting with the seller.so yes,its an option, its just not free.