Interactive Infographic: How Much House will $300,000 get you, and Where?
Of course, as in the case of any price range, how much house you can buy for $300,000 will depend on location and condition. There are suburbs of each of the featured cities that are far more affordable, and within the cities, popular districts that range much higher.
In some cities like Boston and LA, $300,000 won’t even get you something livable, and yet Colorado Springs or Columbus can offer you enough space for a family of four or more.
Have $300k to drop on a house? You won’t be surprised to know that how much house you can get for that price tag varies wildly across the country. From a 165-square-foot studio in Manhattan to a 4,478-square-foot mansion in Memphis, your new home’s location will tell what bang you’re getting for your buck.
Check out the deets from a new Point2Homes study that compares what you can get for $300,000 in America’s top 50 cities.
- You could buy 1,700-square-foot homes in all of New York City’s outer boroughs (plus one in Los Angeles) for the price of one home of equal size in Manhattan.
- You could buy 1,700-square-foot homes in five major cities in neighboring states for the price of one home of equal size in San Francisco (and still have cash for a sports car left over).
- You can buy four median-sized houses in Detroit for $300,000. Or just one really huge, 7,000-square-foot mansion.
- You can buy two median-sized homes and a 1,000-square-foot condo in Memphis for $300,000.
How much SQFT can you buy for $300,000