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Bang for the real estate buck
There are still some housing bargains around the country
January 25, 2005: 9:44 AM EST
By Les Christie, CNN/ Money staff writer
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NEW YORK (CNN/Money) - Considering all the headlines highlighting soaring home values, Americans could be forgiven if they have the impression that every home in the country is selling for about a gazillion dollars.

The truth is, there are still many areas in nearly every state where very nice homes sell in the low six figures or less.

These are not mansions, but perfectly fine examples of what were once typical, middle-income households, before the average size of new homes went soaring. Though not huge, some of them are quite roomy, at 2,000 square feet or more.

All of the examples we cite are located in small or mid-sized cities, and often close to areas of natural beauty. They offer residents ample opportunities for boating, hiking, fishing, and other outdoor activities. Some are in college towns with a lively cultural scene as well.

Many of these cities have seen very slow population growth over the last few decades; little demand on their housing supply, keeping prices cool and giving homebuyers a lot of bang for their buck.

Click here for a sampling of these homes from around the country »»  Top of page

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