How Much House Does $1,000,000 Buy in Your Neighborhood???

Don't assume that in all parts of Texas you could get a mansion with lots of land...that's a little stereotypical!

I live in South Texas near San Antonio and for $1,000,000 you can get a lot! Depends on where you would want the home, but there are a few very exclusive areas of San Antonio where 1 million would buy you an older, stylish, probably 3-5 bed 3-5 bath probably a pool, a posh place....or places in the hill country where you could get some land and still build a very large home and have all the amenities.

In cities like Austin and Dallas and Houston, 1 million buys you less and in smaller towns and out West, it buys you loads! I have a family member that bought a 3/1.5 40 year old home that yes, needed lots of work, but was perfectly livable for 30K in west Texas...prob is, you're in the middle of nowhere with very little services.

It is after all, all about location!

Ha a million dollars would buy the town I live in. I think the biggest house in town is for sale for $250,000.

A ridiculously nice house on the water that I could only dream of having.

Forgot to mention that I live in Washington, but I'd gladly take that money and buy myself a house on the Oregon coast if I could!!!

I live in Colorado Springs, and a million dollars will get you well out of MY neighborhood! :^)

Seattle & LA are about the same as far as the housing market goes.
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850-975 buys a decent 3-4 bedroom home, middle class type, in a nice area off of busy streets (our market tries *really* hard to avoid the 7 digit listing) on a lot that's 5000-10,000 sq feet

Waterfront homes (nice but not mansions) are in the 5-10 million range.

Mansions are 15-30 million.
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Our home is a typical 2b/1b small "starter" home (aka 100 years old and needs work) on a busy street. Half a million. We lucked out ... most lots in the city are 5000 square feet. We got a lot and a half for that price because the seller was motivated

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Most "middle income" housing (2-3 bedrooms, 2 baths if you're lucky) on moderately busy streets in our area is 600 -750

((ADDED: I'm moving to Detroit!!! I wanna indoor pool!!! ... not to mention Zingermans deli is just right over in Ann Arbor! Wake up, swim, short drive and get the best corned beef sammie on the planet? Heaven.))

I live in suburban metro Detroit. You can get alot of bang for your buck here. We have many million dollar homes in Southeast Michigan. After all, we are the Motor City....we do it big here--no joke:) I've compared our housing market to other major cities and $300,000 - $500,000 gets you a mini mansion. I recently seen a listing for a 7-bedroom, 4 bath, indoor pool, all brick, newly updated, move-in ready mansion for $750,000. The auto industry made this area very prosperous and homes are reasonable compared to other major cities. The area that I live in is middle class and a four bedroom, 3 bath, 2000 sq. ft. goes for around $160-200,000. The state has many beautiful areas and it is not all bad. If you have the cash and like the four seasons, Michigan is the place to buy a house. Our job market is also starting to pick back up. We have many lakefront properties on both sides of our state and northern MI and the Upper Peninsula are beautiful too. You can also buy a 3-bedroom, 1-1/2 bath ranch in a nice area for around $50,000. It varies.

M.

$1,000,000 in our neighborhood would likley buy us one of the top 15 biggest/nicest houses in our entire county. I say top 15 because there are ALOT of large farms here.

ETA: I am in West Central Missouri.

$1M in our neighborhood would get you a nice 2-3BR condo in the city. In the burbs, a nice (meaning, current interiors that do not need updating) 2-3 br house. Size of the yard depends on how far away from the city you live. The closer you are, the less yard you'd get.

Uh... It would get you the nicest house in town. There is only 1 house in my town that is worth that much and that's because it's old (But in great condition) and big. There's not much land with it though because it's right next to a retirement home.

A house that I could not justify any decent God fearing family living in. There are way too many starving people in the world to occupy that much space and have that much bling all to oneself. If I had the money I'd love to buy a house like that, turn it into a shelter for struggling single moms and watch the neighbors chafe at that.

We live in PA. I love my area, very suburban and also very built up so anything I could possibly need is at my finger tips. I did a google search and in my neighborhood they don't even have homes for sale for $1,000,000! The most expensive home I could find was a 5 bedroom, 6.5 bathroom, 7,200 sq. foot home on 1 acre and it was $599,000. Beautiful home, everything was custom built for current owners and they didn't skimp on anything.

I'm about two hours south of Atlanta and you could buy a compound! Maybe a seven bedroom/seven bath on the lake with a membership to the golf club. Of course the wages here are much less so unless you imported that million from another area there are only a handful of people in town that would have it to use....

M.

We are in a nice northern burb of Dallas, TX and there are many 1 Million homes around here. It is misconception that they are mansions on a lot of land. Yes there are some but....

For the most part, about 1/2 acre, more if you are lucky, about 6,000 sq ft. many of them have postage stamp sized yards. Depends on what you want.

My home is in a very nice affluent area but if we took our house and lot and placed it 1/2 hour west, it would be over 1 Million. We are a little over 4000 sq ft on 1 acre treed lot with privacy and park property behind us. Lots of wildlife. We'd lose the trees, privacy and wildlife if we traded.

We do not appraise at 1 million but would not trade our lot for anything.

Bend, Oregon... a city of about 70,000 in the middle of the state, just east of the Cascade Mountains.
One million dollars will get you about 5000 sq. ft of house on an acre within the city limits. Up on the hill or in a gated community on the golf course. Brand new with high end finishes and a view of the mountains.

I live 20-30 miles outside DC in Northern VA (hour drive). I live in a new development (10 years old but still building). It has a town center with a movie theatre, etc. That we can walk to and a park. Community pools and celebrations, etc.

Today, $1M could get you a new 4-5 bedroom fully loaded on 1/3 to 1/2 acre, such as a Winchester model. Four years ago, no way, it would have been $1.5M.

However, if you went in closer to DC, it would get you a large townhouse or an older small colonial.

Great question! I watch House Hunters all the time and wonder why anyone would live anywhere except the Midwest! LOL (I have lived in Kansas City, MO and Omaha,NE all of my life.) We don't have mountains, ocean and the latest trends of everything, but the people are nice and the weather is decent and your buck goes a long way compared to other places. A cool million gets you quite the cool estate in Omaha or KC.
A.

In Southern Indiana, you can get A LOT of house and A Lot of land! I just Googled and there is a home for $975,000 that is 4 Bed, 6 Bath; 8,276 Sq Ft; 109.73 Acre Lot.
http://www.realtor.com/realestateandhomes-Detail/7552-Mt-...

I live in Southern Maryland - about 90 minutes from DC - and for my 3000 sq ft house with a lot of upgrades, we paid about $350k...so I'd be willing to say you could get a 10000 sq ft house for a million here. But if you want on or close to the water, you'd pay a million easy for something tiny and old.

$1M would buy my entire neighborhood, tehehe!

Here in upstate NY, yeah, you'll do extremely well with that budget.

For example, a new construction 3000 sf home with lots of upgrades on about an acre of well landscaped property would run about $400k.

My neighborhood is nice townhouses, my house, about 1800 sf, on 1/5 acre would be listed at about $200k.

:)

In the Louisville, KY area, you could get 9000+ square foot home (6 bedrooms, 6 full baths--plus 2 half baths). If you scale down on the home, you can also get a fair amount of acreage with it.

In my neighborhood that would buy you just under 7 houses (1700 sqft or more).

NJ, in here it depends how close you are to NYC, as you get closer to PA you get more for your money.
If you were kind of in the middle in a nice area it will give you

4 bedroom, 2.5 bath, 2 car garage home, .55 acre.

Something close to NYC, you would get a medium size apartment in a building, 2 bedroom 2 bath!

I'm in Allen, TX, just north of Dallas, and my 4200 square foot home isn't even close to $1M, and if we were back in Northern Virginia, near DC, where we came from, our house would easily be $1.3-$.15M. But you are right about areas of Texas where you can get a mansion with lots of land. My friends in DC, bought there 3BR/1BA townhouse for $835K, 3 years ago.

I live in San Francisco. 1 million could buy you a modest 2 bedroom house built in the 50s in one of the outer neighborhoods. In my neighborhood, 1 million might buy you a 2 bedroom flat, depending on how much work needs to be done on it. Parking and a shared yard will cost you extra. Needless to say, I rent. I don't mind not owning a house, since I love where I live.

I live in DFW Metrolpex of Texas. 3bedroom, 2 bath brick home with a 2 car garge. Built in the 80s. Big fenced back yard and a nicely landscaped front yard. Quiet lower middle class neighborhood with a good school district. Good robust local economy. Wages are good, unemployment is low. My house was bought for $60,000 as a forclosure. The tax roll has the value at $86,000. The ONLY downfall to living here is the property tax is really high and about to go up. You pay city, state, school distict, and hospital district taxes.

Well I am in Southern Cali too...(closer to San B but used to live near Pasadena), so your answer is about the same as mine. I wanted to ask you if you have used redfin.com. It's a southern california house finder for people who are looking to buy. I don't use it for that though, I like to just enter the different zip codes down here, and see how ridiculously high the properties get (they usually have pics of the houses too).
Give it a try for a good laugh. =)

O. of the nicest-new build, 4-5 BR, 3-4 baths, fam room, 3 car garage, maybe 1/2 acre, brick, not siding, etc.

just about my whole block probably. We have a older rambler..with a mill I could buy ten if not more and still have money left over to decorate!! great neighborhood..cheap builds though.. thank goodness we are renting off my sister right now..

I live 26 miles south of Seattle. I could buy a 5 plus three bath..close to 5k squ if we wanted to look, drool and dream. We wouldnt have much to get excited about in the way of a yard. If you get closer into the city oh lord...old Victorian homes that are just breath taking start at about a mill. and they are not upgraded at that. So you are looking at move in for around a mill. and if you wanted to green it up a bit your paying even more!!

I also love to drive around downtown tacoma by the highschool they ''shot'' TEn things I hate about you. The houses their are just outta this world..I have never looked into the $$..

I just got into watching lottery changed my life on tlc and I just drool. How cool would it be to have your dream casa?? My fav though was a family in flordia that lived on their land and when they won the big jack pot..they didnt move out of their trailer..they just started building on. I think that is way more classy..even if it is a trailer youre fixing up... It showed alot of heart not to loose who you are!! they have 80 acres and are loving life not needing to worry about the bills...

Off topic but i think it is fun.

Im in "downstate" Illinois and I have a modest 4 bedroom, 2-1/2 car garage, pool and a little over an acre so a million will buy land, huge houses, media room, fitness room, big garages, inground pools, tennis courts.
Of course down here I think I would get a slightly "less" house and hire a housecleaner so I could get the most bang for my buck.(haha)
This has been fun its interesting to see the cost of living within our own country.

i live in a suburb of Phx and in my neighborhood that would buy you around 8 homes of 1700-2200 sq ft and modest yards under 10 years old and even new build. Nearby are the semi-custom homes with 1/2 acre or acre lots and that money would buy about 3-4 of them depending on land size, all fairly new as well. If you were to go into the more populous city area you are looking at about 3-4 homes with decent yards, 2000 sq ft but more like 10-20 years old.

We visit Cali often and I love it there but you get sooo much more for your money here in Az and honestly the weather is fairly similar to LA.

That would buy 10 houses on my block...all with 3 bedrooms with very large backyards. Seriously!! Our house is really nice, and it was 1/10 of that price!! There aren't many things I like about Texas, but cheap, quality housing is one of them!!

You are so right, 1 million COULD buy a mansion here. The Dr. I used to work for moved here from Southern California. When his California friends came to visit, they figured he spent 5 million on his house!! It didn't even cost cost to 1 million.

Here in Sacramento, CA (which is by no means considered a fancy place to live in California), you can get a beautifully updated 4 bedroom, 4 bath, 3500 square feet on half an acre in a lovely older (and very trendy) neighborhood. This would be the only neighborhood in Sacramento proper where you'd want to send your kids to the public schools, so some of what you pay for is for that.

In the suburbs you can get the same house for half the price (with very good public schools). For a slightly smaller home (4 bed, 2.5 bath, 2400 square feet on a 6000 SF lot, with a pool and good schools, the house needing some updating), you would pay $200-250K.

I live in Eastern Iowa. Here you can get a 2 bedroom, 2 bathroom house (1200 sq. ft.) on 60 acres for just over a million. In Des Moines you can get 3760 sq. ft, 3 bed/3 bath in a high rise for just over a million or a 4 bed/3 bath (5000 sq. ft) on 1.3 acres on the outskirts.

Well were we are you can't even find a home that costs that much..lol 850k is tops and that is a really, really nice house on the lake! Probably owned by the highest paid lawyer in the area :)

We use to live in seattle and 1mil could get you a nice 3-5 bedroom in a good area.

I live in a suburb about 30 minutes north of Cincinnati and 1 million can really vary around here. It would depend on your builder (for new construction) and acreage, but I'd say that it would get you anywhere from 7500 sq ft to 10000 sq ft. It is really cheap to live here, comparitively speaking. My sister bought a 1200 sq ft condo on a golf course where she lives in Connecticut and she paid about $20,000 more than I paid for my 2600 sq ft all brick house on 1 acre.

I live just a bit north of you in El Segundo, and a mil could maybe buy a 3-4 bedroom house, hopefully a bit of a yard, but not too much! More likely a 3 bed/2 bath house that still needs a bit of work. And that's come down a bit in the last couple years...crazy! Great schools and safe, quiet residential area.

I live in the suburbs of Minneapolis. A million dollars will buy you a 5-6 bedroom home on some land (a few acres probably). You might get a pool (although in MN I think that is a waste anyway). You might get that house on a lake. You'd have 4-5 bathrooms and 4,000+ square feet.

J.

I live SE from Phoenix. Supposedly even in this economy, the average income for a Gilbert family is 80k. The "average" houses in our area sell between 200-300k. They are about 2400 sf, built late 1990's or newer. We have a gated community right in the middle of ours where there are 11 custom homes that are still close to 1mil in this economy.

I'm in SE Texas. About 3/4 of that could get me about 150 acres, with a 4,000 square foot house, a huge barn, huge pond, very nice fences all around, a nice 2,000 square foot shop, and a pool. I know because we've been trying to decide if we want to build or buy. :)

We are in a middle-class suburb of Detroit and in our neighborhood of newly-built homes (averaging 1600 to 2000 sq. feet and 3 to 4 bedrooms), $1,000,000 will get you about 5 of them.

Or 1 small mansion on a lake in a more upscale community.

We live about 35 miles northwest of Boston and in the towns around us houses are about $500K for about 3000 square feet with 2 car garage on about an acre. Most houses in this area are colonials. We have a smaller house (2600 square feet) but a bigger lot (2 acres) in a quiet town, and last time we checked Zilow said it was worth about $480K. We built it 14 years ago. A house across the street is for sale right now, a little big bigger than ours (they have a large room over the 2 car garage) and also 7 years older and I think it is $490K. This area has no town water or sewer, so we have wells and septic systems, no gas just oil, and we have a transfer station that we bring our garbage and recycling to every week.

In Texas that, would get me 10 three bedrooms, lol. I live in an 1,800 sq. ft house in a cul-de-sac on a corner lot and it's probably worth about 140,000.

I live in northwest Georgia, about an hour from Atlanta. I could buy a huge house (about 4-6 bedrooms and 4-6 baths) with about 20-30 acres plus and probably a pool and tennis courts (or ponds and a barn) and a couple of outbuildings.

i live in east meadow, on long island, about 45 min outside nyc. in my neighborhood it would get you a really beautiful big 4 or 5 bedroom, not much land, maybe 100 x 100 give or take, none of the lots really have much land, in general. 5 minutes south of me, it would get you half that. 5 min west of me, it would get you double or triple that. neighborhoods around here can change drastically from one block to the next.

haha in Cincinnati, that would probably buy you Carson Palmers house...but it may be cheaper than that..LOL It is for sale I hear..LOL

Well Hazelwood is a suburb of St. Louis, MO. (It's pretty much directly behind the airport. Where I live at in it (and pretty much most of Hazelwood) I think you could get HUGE house (like probably close to mansion size with a pretty nice size yard, and possibly a few cool amenities. Let's just say, I have a 1000 sq. ft. 2bed/2bath apartment with W/D, Dishwasher, and eat-in kitchen, that I pay 700 for (not counting my pet rent, which makes it 725). I don't know how people in other areas like LA and NYC survive.

We just moved from Torrance to Lomita, where we rent a 5 bedroom/4 bath house with a basketball court and a football field for a backyard. Its $3,000 a month lease with the option to buy. Well I was shocked that this house would sell between $910,000 to 1.3 million! My hopes of us buying this house we love kind of went out the window! LOL! I didn't really want to move to Lomita but I'm loving it. Its right next to Redondo Beach and Palos Verdes... we are so blessed to have found this place. HEAVEN for the kids too.

I'm in Chicago - 5 years ago $1M would get you a nice house in a great city neighborhood (Lincoln Park, Lakewood)...it wouldn't be huge though, single family, rehabbed on the inside, probably about 3 bedrooms, 2 baths. Today however $1M would get you SO much more. Those same $1M homes back in 2006 sell for about $750-800K today. My house was valued at $740K in 2006 and the new value just came in at $585K. Ouch!

We live in Girard, PA and for a mil you could get a lot! In Erie, which is close by, there are some million $ homes that are HUGE...like 5-6 bdrm and 5-6 bthrms..on at least 2 acres, if not more..and usually they are lakefront properties. You can get a decent size house (3 bdrm 2 bth) for anywhere between $60,000-$300,000, depending on where its located and how new it is.

Unfortunetly, a million $ house is def not in my future lol.

I live in one of the most expensive neighborhoods in Minneapolis, MN. I rent a small one bedroom condo in a 1920s building with on street parking - with a lake view and a patio. The house immediately next to me, less than 20 feet away, sold last year for $1.25M. It is a completely renovated 2600 sq ft, 4 bedroom/4 bath, 3 story house with huge beautiful wrap-around balconies on the top two levels that have that lake view, also. Copper trim, 2+ car tuck under garage, and a decent but small backyard with flagstone patio. I toured it during the Open House and it is my dream home...

In most of Minneapolis/St. Paul and the surrounding suburbs, $1M will get you whatever you want!! $250k - $350k will buy a decent 3 bedroom/2 bath, 2300 sq ft home with a nice-sized yard in most urban/suburban areas here.

In the Grand Rapids MI area there is a 2400 sq ft home with 113 acres in an ok school district OR a 6100 sq ft home on a 75 X 205 ft lot in one of the best school districts in MIchigan.

I live in a well populated suburb outside of Detroit. Our house is a 4 bedroom, 2.5 bath with an office, large family room, and dining room/formal living room. unfinished basement, but has a few walled off rooms down there. not huge but good sized yard. cost us 159,000 2 yrs. ago. it's 36 yrs. old. a family i used to babysit for bought a home in rochester hills, (nicer neighborhood) with 4 bedrooms, huge, walkout basement, finished with wine cellar, theater room, large yard, very nice and newer for around a million i think. it had several bathrooms (each room had it's own). very fancy and custom.

In Reston, VA (22 miles WEST of Washington, D.C.) - $1M will get you:

4 to 5 bedrooms, 3 to 5 baths, 5K square feet, yard, 3 car garage or oversized 2 car, nice neighborhood.

$555K? 5 beds, 3 baths, 3K sq ft, two-car ATTACHED garage town house.

Acworth, GA?! $1m - should get you into Buckhead.

$300K will get you what $555K will get you here in Reston (I've been looking).

Won't get anything in my specific neighborhood, I live in a near suburb of Chicago. But across one of the main street it will get you 5 bedrooms 5 bathrooms and about 5k sq ft.

I was watching House Hunters today and was appalled at the conditions of houses for hundreds and hundreds of thousands of dollars in the LA area. Barely 600 sq. feet in one and just about 800 in another. Horrible homes.

In somewhat non urban Oklahoma $1,000,000 would buy a huge 3000-4000 sq. foot home. With pools and spas, media rooms, basements, landscaped yards (maybe acres and acres of land too). If I had $200,000 to spend on housing I could buy a 4 bedroom home, 3 full baths, finished basement, double car garages, formal living and dining rooms plus great rooms that was really not very old at all, maybe just a couple of years old.

I am talking about Norman, Stillwater, Enid, Chickasha, Tuttle, Tulsa maybe, OKC an older home but still a small mansion, etc...housing is starting to pick up a bit but 6 months ago Realtors were selling housed for pennies on the dollar of how much they had appraised for months earlier.

A friend of mine sold their house for $65,000. It was a 3 bedroom, bath and a half, two car garage brick house. They bought a farm with 5 acres for the same amount they sold their house for. The house is WAY old but they plan on building one some day.

Another friend sold their house for less than they paid for it 30 years ago. It was paid off but still, they'd like to think they made something after 30 years. They had to be in their new job town within a few months or they would have waited until they could get more.

I get sticker shock when I see what sells in NY and California. That's just crazy! Come to the middle of the USA and buy a mansion for what you are spending!

I'm in Richmond, VA... my neighborhood is soooo much old money, a million bucks wouldn't get you far. A lot of the old money lots were divided and built on as the decades go buy, so every so often you get a crappy little house like mine ;)

http://www.realtor.com/realestateandhomes-detail/14210-Ha...

Goes really far in Omaha, NE. This one is 940,000.

i live in southern Washington, in the Vancouver, WA-Portland, OR area, and for 1,000,000 you can get a lot! Probably at least a 5 bd huge house!

PS - I LOVE this area. It's beautiful, safe for the most part (if you don't live in downtown Portland) and family oriented. You have to deal with a little bit more rain than most places, but during Spring/Summer, you get a nice break :)

Google it. Man I wish I had that much money to spend. :( . well anyway type in the google box thing " mansions that are cheap and nice view" it works.
Well that is how my friend bought a house anyway.
How did you get THAT much money?

I live in Canada, rural Southern British Columbia to be exact (about 2 hours North of Spokane, WA) and $1,000,000 could buy you a brand new, waterfront, 3000-5000 square foot house on 20+ acres.

The average house (3 beds, 2 baths, around 2000 square feet) on a .25 acre lot costs about $300,000-$400,000 depending on age of house and quality of finishing.

I live in Wellington, FL (near west palm beach Florida). It depends on the specific area you live... but $800-$1 mill will get you 2.5 acres in a 6 bedroom house. PS If you want to live in LA, CA....check out www.realtor.com. You CAN get nice houses in LA, CA for far less than that.....>Not sure exactly where you are looking,
http://www.realtor.com/realestateandhomes-detail/9216-Bea...

http://www.realtor.com/realestateandhomes-detail/1536-W-4...

Just type in Los angeles, CA...... (price low to high) and check them out

There are many under that, that are very nice. :)

I live in Delaware just between Dover (the capital) & the beaches. Our house is a modest 1600sf 3 br, 1 ba, 1 car garage, .25 acres in the city & we paid $150,000 for it. If you go even 20 minutes south towards the beaches, $1M gets you 4-5 br, 3 full baths, and all the bells & whistles, though not much land. There are definitely homes considerably higher than that as well, I worked for a custom home builder for a couple of years before the bottom fell out of the market.

I live in a Dallas rural suburb on 2.1 acres with a 4000 square foot home. It has 4 bdrms and 3.5 baths with a movie room, children's retreat, library , and sunroom. We paid a little over 400K for it. Of course, that's after we moved from sunny LA (Chino Hills) in 2004 from a 1300 square foot home on a 7000 square foot lot that sold for a smidge bit more than the home that we wound up buying here just outside of Dallas!!

OF course, we have (and I miss these things everyday) NO:
-beach
-easy access to skiing
-anything you'd ever want to do

OF course, we do have:
-safer, cleaner environment
-less traffic congestion (although our driver seem to be worse than LA drivers, believe it or not)

I live in San Francisco, in a nice neighborhood with a lot of young families (most of the parents work at Google, Facebook, Apple, etc) called Noe Valley. My fiance and I have been looking at homes there and a starter home, like an older house with two bedrooms and a very small outdoor space, is about a million.

In my town (suburb of Boston) there is a listing for $1M for a 4400 sq ft house on 10 acres. It has 4 bedrooms, 5 bathrooms, and is almost 20 years old. Zillow actually gives it a value of $700K. This was definitely a million dollar home a few years ago.

housing is kind of high here, but not that high! in my neighborhood (single family attached townhouses) you could get 5 houses for that. If you just wanted one house there are a few for that price, but they come with 100s of acres and a helicopter to get to/from it. This is Alaska, so if you pay that to live here you are paying for seclusion.

I live in New Mexico... where $1,000,000 would get you a palace in most parts of the state, but in Santa Fe it would get you a nice four bedroom, two bath, 2500 square foot home in the good section of town. Nothing overly fancy, just a well maintained home on an acre or so. To get something lavish, you'd need more like five million.

Here's a place for sale in Centralia, WA for $889,950...
Has an Amazing home Theater, 2 kitchens, awesome Rec room with Stage and Awesome lighting, 5 acres, and alot more... Wish I could afford it! lol

http://www.century21.com/search.c21?l=98531&lid=Z9853...

OR, here's another in Olympia, WA (about 30 mins north of me). It's $924,900 and It is also AMAZING lol

http://www.remax.com/property/83624819-60610381/747-Summi...

well I think I could buy all the houses on my side of the street and have enough money left over to remodle a few. Im in Redding Ca, way up at the top of the state, only 2 hours from Oregon. We bought this house in 1978 for $45,000. Its 1500sq ft 3 bed 2 bath decent yards, 2 car garage. And paid for now. A few years ago it was appraised at about $170, and now is probably down to $100,000. We dont plan to move so we dont care, but it is a shame the market has dropped so much. There are parts of town with much nicer more expensive homes, but the payments must be huge. We love it here for the most part. We have snow skiing within an hours drive, lakes, and mountain climbing, hiking, 4 hours from the ocean, no earthquakes, no tornados, no hurricanes. Just like any place there is crime and unemployment, but Id rather be here than most places Ive visited.

drove by a house today for sale (TEXAS) -- 3500 square feet, in-ground pool, 6.5 acres of land, not sure what else exactly: $655,000 on a quiet street 15 miles away from a Walmart and Target, but only 2 miles from a nice-sized grocery store.

I live in a relatively small town, about an hour south of Pittsburgh, PA.

$1,000,000.00 in our neck of the woods would buy you the poshest mansion you could imagine, with the acreage to go with it. Seriously.

An average/nice 3 bedroom home like you describe, with about an acre of land, in a nice area, not new, but built in the 80's or 90's, and in good, renovated condition, would run in the $200,000.00 range, give or take. You could get a really nice home for that.

Our home we'll be moving into this summer is 2000+ square feet, tri-level, brick, 3 bedrooms, living room, family room, playroom, kitchen, dining room, and 1 1/2 baths, with a basement, on an acre+ of land, with a 3 car brick garage. mother-in-law quarters, and a pool, in excellent condition, was appraised at $205,000.00.

I live near Jackson Hole, Wyoming. Out where I live homes cost a lot less... but I grew up in Jackson and $1,000,000 will get you a nice "average" home in town or in a nice area.

Houses listed for in that price range are usually about 3000 sq ft with 2-3 bedrooms on "up to" an acre of land. Depending on the location. Being a resort community everything is centered around the best mountain views, ski access, access to trails and bike paths and so on. There are 1 bedroom homes ON the ski slopes that are about 1500 sq ft with 1 bedroom, but you can ski in and ski out!

Most people who want "mansions" live a ways out of town. We are also limited here by housing laws and restrictions, like anywhere else... so you cannot build a home that is over a certain height and a home cannot be larger than 10,000 sq feet... not that that is anything to scoff at!

People who don't make big bucks usually either rent apartments for about $1500/month for a studio in town, or they buy homes about an hour or more out of town and commute in. Families like mine save up their pennies and apply for "low income" housing from housing trusts and charities if they hope to live within city limits. We are lucky that with money in our community, comes generosity.

Hehehe, it is funny to look at all the different places you can live... someday when I have a few mill' to spend I'll have to go shopping haha!

-M.

I live in Dekalb County in IL, near NIU. Let me tell you~Here a mil will get you tons!! I have a large home-4 bed, 2.5 bath, office, loft, 2 car attached garage, and 3,000 sq. feet. I paid $260k for my house!! With the hit our economy took, my house could now go for about $175k!!!

Back where I'm from in Ohio, the housing market is so down you could get more than a few houses for $1,000,000. Granted most of them have been gutted by the previous owners who were foreclosed on.