As a broker, this is the type of question that I am asked somewhat frequently. What will $______ buy in your market? Sometimes, this comes from relocating buyers, and sometimes it comes from potential investors from other areas of the country.
Well, in an effort to answer this for the $200,000 price point, I would like to present a few current listings that are priced at EXACTLY $200,000 in order to give a proper cross-section.
First, we have a home in the Avery Ranch subdivision, which is a master-planned golf course community located between Round Rock and Cedar Park on the north side of Austin. It has 2035 s.f., with 4 bedrooms, 2.5 baths, and it was built in 2002.
The next home located in Liberty Hill (northwest of Austin) was built in 2004, and it has 3 bedrooms, 2 baths, and 1640 s.f. on a one acre lot. There is also a 750 s.f. boat/storage building included, and it is in a highly acclaimed school district.
This home in Manor (east of Austin) has 2248 s.f. with 3 bedrooms, 2.5 baths in a master planned community (built 2004 by Plantation Homes). The neighborhood has an exclusive 4 Acre Water Park and an 18-hole golf course.
The final listing is located in Sonoma in Round Rock, which is conveniently located to all major arteries on the north side of town. It was built in 2001, and it features 4 bedrooms, 2.5 baths, a 3-car garage, and 2465 s.f. per the tax records. It also boasts a chef's kitchen with a Bosch range!
Here are some other posts I wrote on this topic in different price ranges:
So, what are you waiting for? It is still a terrific time to buy in the Austin area. Please feel free to check out our Austin real estate website at www.austintexashomes.com. Give me a call at 512-796-7653 (cell) if you are thinking of purchasing a home in central Texas. My email address is email@example.com. I look forward to hearing from you soon!