Many of you have probably seen HGTV's show called "What You Get For The Money" at some point. I watch it whenever I can and always find it interesting to see what you can get in different parts of the U.S. for the same amount of money.
So I was curious to see how my newest listing stacked up against others around the U.S. priced more-or-less the same. To quench my curiosity, I went on Realtor.com and searched for 10 condos/townhomes priced in the mid-to-high $190's mostly in cities that are just outside of major cities throughout the country. To make it more visually appealing and get a true sense of how places compare, I only picked "showcase" listings with several photos. It's amazing to me that for essentially the same money, what you get can vary from a 1-BR/1-BA 445 sq. ft. condo to a 3-BR/2-BA/1-CG 1918 sq. ft. townhouse!
Here's what I found (note: the first one is my listing):
- Sunrise, FL (outside Fort Lauderdale) - $197,000
2 Bedrooms, 2 Bathrooms, 1154 sq. ft. Condo
- Brookline, MA (outside Boston) - $199,900
1 Bedroom, 1 Bathroom, 445 sq. ft. Condo
- Cary, NC (outside Raleigh) - $195,900
3 Bedrooms, 2 Bathrooms, 1918 sq. ft. Townhouse
- Fort Worth, TX (outside Dallas) - $193,900
3 Bedrooms, 2 Bathrooms, 1939 sq. ft Townhouse
- St. Paul, MN (next to Minneapolis) - $199,000
1 Bedroom, 1 Bathroom, 778 sq. ft. Condo
- Lakewood, CO (outside Denver) - $195,000
2 Bedrooms, 2 Bathrooms, 1320 sq. ft. Condo
- Scottsdale, AZ (outside Phoenix) - $199,900
1 Bedroom, 1 Bathroom Condo
- Lake Forest Park, WA (outside Seattle) - $199,950
2 Bedrooms, 1 Bathroom, 847 sq. ft. Condo
- Sacramento, CA - $199,000
1 Bedroom, 1.5 Bathrooms, 1125 sq. ft. Condo
- Honolulu, Hawaii - $199,900
1 Bedroom, 1 Bathroom, 588 sq. ft. Condo
Are you as surprised as I am that you get a slightly bigger place in Honolulu, HI than in Brookline, MA for about the same money? NC & TX are looking very appealing for anyone considering leaving a high-priced area. You definitely get more for your money there! Since I'm not too familiar with most of the areas listed in the examples above, I realize that I may be comparing apples with oranges in some cases, but it was an interesting exercise nonetheless.