SE MI - $100k for a rundown piece of shit
this post was submitted on 23 Feb 2024
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Asklemmy
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According to Zillow, a 3 bed 2 bath with 800 monthly HOA fees for 465k.
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Does HOA mow your lawn, make you food and drive you anywhere?
Oh fun. $330k for a 500sqft shack that is partially collapsed. The only info on the listing states the lot will need to be scraped, so basically that is the cost of an empty lot.
Going out a bit further, you can find a couple of houses around $350k that are liveable. They are 700-900 sqft and 0-2 bedrooms.
in saigon you can pitch a hammock for $0
if you are Vietnamese, sometimes you can apply for some free farm land
20k. I live in a shit hole
At least it's an affordable shithole!
Exactly lol. That's why currently stuck commuting a bit more than 3 hours a day round trip to work smh
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Regional Australia.
$250k will get you a 90s apartment or a shitbox in bumsville.
Avg wage is about $80k.
Just a couple of years ago I found two houses on Zillow going for $65,000 in Cleveland. A front house/back house situation.
When you say front house / back house is that like a duplex?
Two separate houses on the same lot, one is in the backyard of the other.
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$70k USD - 3 bed, 2.5 bath, 1400sq ft., 0.3 acre lot, two stories and a detached garage. The interior needs plenty of non-cosmetic work (e.g. - new flooring)
$75k USD - 2 bed, 1 bath, 800sq ft., 0.15 acre lot; newly redone floors, electric and paint.
After that, there's about 10 more in the 125-150K range.
Damn, I didn't realize I just wasted 45 minutes. No definitive answer, but it seems โฌ30-40k for something that should be repaired, but could be barely lived in.
The absolutely cheapest I found was โฌ17,000 with no photos from indoors, only with description saying it is not suitable for living in the current condition...
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2 bedroom, 1 bath mobile home from 1960: $26,900.
$650/mo. HOA fees.
There's no houses that small for sale near me, but the cheapest livable house is about 3x that size, 4br, 2ba, for $150,000, but it's a townhome. If you want a single family you're looking at about $200,000. Central Pennsylvania, USA
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439k, 3 bed , 2 bath.
It gets cheaper, but they are mobile homes and restricted to 55+
I bought my 3BR 1bath SFH, west side of Chicago, for $61K... kinda. To be actually livable it needed another $21K in immediate repairs (electric, plumbing, HVAC).
Luckily I refinanced right before inflation went crazy, so my total mortgage + escrow is $945/mo.
We also looked at a 3-flat building for $2K, but it had a $10K lien on it and all the copper had been stripped, sooooo
$47,900 for a duplex in the bad part of town.