In Utah County the cheapest “House” for sale is 600 square feet, 2 bed, 1 bath, at $300k.
So at current interest rate it would be $1,800 a month mortgage(assuming you put the 60k down payment! A decent amount more if you do 3% down.)
The cheapest condo/town in utah valley is 205k, 1,100 square feet, on a 400 square foot lot. But due to a $500 HOA fee the monthly cost is still 1,700 a month (assuming 20% down).
With 3.5% down they’d both be closer to 2.1k +PIMI.
So yeah, how is where you live doing?
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Genève (Geneva), Switzerland
Cheapest apartment is 38m², 2 rooms, 570’000 CHF (646’000 USD)
That’s very cheap. It’s a shitty flat but livable if need be.
https://www.immoscout24.ch/buy/4000814125
Cheapest house is 240m², 6 rooms, 2’950’000 CHF (3’347’000 USD)
That’s cheap???
Dear heavens, I didn’t realize some places were that rough.
Welcome to Switzerland
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Damn, I didn’t realize I just wasted 45 minutes. No definitive answer, but it seems €30-40k for something that should be repaired, but could be barely lived in.
The absolutely cheapest I found was €17,000 with no photos from indoors, only with description saying it is not suitable for living in the current condition…
795 k, and it’s an absolute dump 1 br in the worst part of town.
Where?
In between SF and San Jose, CA
The cheapest home I could find in my hometown of Vancouver, BC is:
1 bedroom, 1 bath, 696 sq/feet 398,000
$229k NZD for a 2 bed, 1 bath 80sqm slumlord rental in a shit neighbourhood in Christchurch, New Zealand
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
Just a couple of years ago I found two houses on Zillow going for $65,000 in Cleveland. A front house/back house situation.
When you say front house / back house is that like a duplex?
Two separate houses on the same lot, one is in the backyard of the other.
Oh that’s odd.
439k, 3 bed , 2 bath.
It gets cheaper, but they are mobile homes and restricted to 55+
According to Zillow, a 3 bed 2 bath with 800 monthly HOA fees for 465k.
800$ per month for HOA is insane.
Like $15k if you want a total gut & remodel
Edit: found one for $10k. Fun. https://www.zillow.com/homedetails/1205-Mill-St-Pittsburgh-PA-15221/11379395_zpid/?utm_medium=referral
“EXPLORE the UNTAPPED POTENTIAL”, I love the agents unyielding optimism.
There are houses in my town that have sold in the last 12 months for less than $100,000.
These don’t include the shacks that are falling apart that sell for $30,000.This one was bought, fixed up, and is currently listed for $132,000.
4.5 Rooms, 95 square meter apartment, 1‘315‘000 CHF.
Edit: Rotkreuz, Zug, Switzerland
$70k in my area in NC. It’s a lovely 2bd/1ba, and can keep the rain off your head (mostly). It totally wouldn’t be condemned if actually inspected.
Rule 1 of affordable housing:
No narcs!
Saw a listing for a house which has had a fire and all the copper pipes stolen being sold as is for 300K in a really gritty location in the city.
