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American Dream homes: Prices in 9 cities

According to Coldwell Banker, Americans aspire to own a four-bedroom, two-bath home with roughly 2,200 square feet of space. What you'll pay, however, varies dramatically: from an average of $60,000 in Redford, Mich., to $1.7 million in Los Altos, Calif.

Orono, Minn.

gallery american dream homes orono
  • Average listing price in area: $1.07 million
  • This home: $1.08 million
  • Description: 4 bedrooms, 2.5 baths; 3,762 square feet

A wealthy town with a population of just 7,500, Orono is surrounded by lakes and ponds that offer residents here plenty of recreational opportunities throughout the year. Its proximity to Minneapolis, just 15 miles away, also makes it an easy commute to the big city.

This house offers 160 feet of shoreline along Lake Minnetonka and a landscaped acre lot with a koi pond. There's also a sandy beach and a wooden deck where residents can watch the beautiful sunsets.

The interior is just as expansive, with an open floor plan that includes a great room, walk-out basement and two fireplaces.

For further information: Trulia

Source: Coldwell Banker
  @CNNMoney - Last updated December 13 2012 07:03 PM ET

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