this post was submitted on 23 Feb 2024
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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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[–] [email protected] 4 points 9 months ago* (last edited 9 months ago) (1 children)

38 m^2, 2 rooms, 1 bathroom, 169000 € in a rural part of a bigger city in Western Germany.

That's an exception, though. The house is a bit weird since it apparently stands next to a church in the backyard of some other building...

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[–] [email protected] 4 points 9 months ago (1 children)

20k. I live in a shit hole

[–] [email protected] 3 points 9 months ago (1 children)

At least it's an affordable shithole!

[–] [email protected] 3 points 9 months ago (1 children)

Exactly lol. That's why currently stuck commuting a bit more than 3 hours a day round trip to work smh

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[–] [email protected] 4 points 9 months ago* (last edited 9 months ago) (4 children)

795 k, and it's an absolute dump 1 br in the worst part of town.

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[–] [email protected] 4 points 9 months ago (1 children)

$59,900 (Canadian)

704 sqft, 1 story, built in 1905

Not, of course, in a desirable neighborhood, and most of the "recent renovations" scream flipper, but it is cheap...

https://www.realtor.ca/real-estate/26213715/655-magnus-avenue-winnipeg-north-end

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[–] [email protected] 4 points 9 months ago* (last edited 9 months ago)

in saigon you can pitch a hammock for $0

if you are Vietnamese, sometimes you can apply for some free farm land

[–] Justas 4 points 9 months ago (1 children)

Lithuania, TelΕ‘iai county

14000 Euros

4 rooms

66 square metres

25 ars of land

Photograph for the curious

Link for even more curious

[–] [email protected] 4 points 9 months ago (1 children)

That sounds cheap as an American! Is it affordable with how much money Lithuainians make?

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[–] [email protected] 4 points 9 months ago* (last edited 9 months ago) (6 children)

Genève (Geneva), Switzerland

Cheapest apartment is 38mΒ², 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 240mΒ², 6 rooms, 2'950'000 CHF (3'347'000 USD)

https://www.immoscout24.ch/buy/4000610532

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[–] [email protected] 4 points 9 months ago (1 children)

There's 41 houses/duplexes for sale in my city at or under $50k. The lowest are listed at $5,000 but someone could probably buy it for less. The city also provides $20,000 in money to fix up any of the houses they own.

[–] cujo255 3 points 9 months ago (1 children)
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[–] [email protected] 4 points 9 months ago

Does HOA mow your lawn, make you food and drive you anywhere?

[–] [email protected] 3 points 9 months ago (1 children)

Not long ago, 40-50k, now 90-100k.

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[–] [email protected] 3 points 9 months ago (1 children)

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...

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[–] [email protected] 3 points 9 months ago (4 children)

Just a couple of years ago I found two houses on Zillow going for $65,000 in Cleveland. A front house/back house situation.

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[–] [email protected] 3 points 9 months ago

$70k USD - 3 bed, 2.5 bath, 1400sq ft., 0.3 acre lot, two stories and a detached garage. The interior needs plenty of non-cosmetic work (e.g. - new flooring)

$75k USD - 2 bed, 1 bath, 800sq ft., 0.15 acre lot; newly redone floors, electric and paint.

After that, there's about 10 more in the 125-150K range.

[–] [email protected] 3 points 9 months ago* (last edited 9 months ago) (6 children)
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[–] [email protected] 3 points 9 months ago (2 children)

There's no houses that small for sale near me, but the cheapest livable house is about 3x that size, 4br, 2ba, for $150,000, but it's a townhome. If you want a single family you're looking at about $200,000. Central Pennsylvania, USA

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[–] [email protected] 3 points 9 months ago

Regional Australia.

$250k will get you a 90s apartment or a shitbox in bumsville.

Avg wage is about $80k.

[–] [email protected] 3 points 9 months ago

439k, 3 bed , 2 bath.

It gets cheaper, but they are mobile homes and restricted to 55+

[–] [email protected] 3 points 9 months ago* (last edited 9 months ago)

I bought my 3BR 1bath SFH, west side of Chicago, for $61K... kinda. To be actually livable it needed another $21K in immediate repairs (electric, plumbing, HVAC).

Luckily I refinanced right before inflation went crazy, so my total mortgage + escrow is $945/mo.

We also looked at a 3-flat building for $2K, but it had a $10K lien on it and all the copper had been stripped, sooooo

[–] [email protected] 2 points 9 months ago

Very pricey is all i can say.

[–] [email protected] 2 points 9 months ago

In the city at large, I see the cheapest apartment 750sq feet for 18k but you can be sure the whole building is falling down; cheapest empty lot $30k 2,500 sq feet (so maybe do-able if you can build up 2-3 stories, since you aren't actually allowed to build out to the edges of the lot).

Cheapest actual detached house in my 'inside the city, close to work and everything' neighborhood is an eye watering $440k and 1,500 sq feet, cheapest for sale apartment 700 sq ft $140k.

Most EXPENSIVE house in my neighborhood $2,250,000, and most expensive house listed in the whole city, add another zero to that price.

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