Houses for the price of a car
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A house for the price of an SUV? That’s plausible, given the dip in housing. But a home for the price of a Ford Fiesta?
Whoa. Now there’s a value-bending proposition.
While most people don’t think of real estate in prices relative to that of a car, there are houses in some parts of the United States that are for sale with listing prices just like what you’d see at an auto dealership.
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And we’re not talking about a house priced at the median home value of $150,000, which is akin to the sticker price of an Aston Martin. The homes featured below compare more favorably to standard highway fare: Nissans, Hondas, Fords, etc.
Some of these properties are distressed sales — either foreclosed or in the midst of a short sale — and some need a little renovation, but that’s still a pretty impressive given that they’re all comparable to the price of a new car.
Two Rivers, WI
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For sale: $29,900
This Two Rivers home for sale is a bank-owned property, but don’t let that deter you. Priced just under $30,000 and with three bedrooms, 1,512 square feet of living space and with fresh painting, new carpets and refinished hardwood flooring, this home is a steal. But if you prefer to drop $30k on a set of wheels, a base model of the 2012 Honda CRV may be up your alley.
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Louisville, KY
For sale: $39,900
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This Louisville home listing states the house is move-in ready, with newer hardwood floors, updated vinyl and windows. Although it’s priced below Louisville’s median home value of $86,000, the home is on the smaller side with only 2 bedrooms, 1 bath and 788 square feet of living space. For the same price, a buyer could go green with a 2012 Chevy Volt.
North Little Rock, Arkansas
210 Melrose Circle, North Little Rock AK
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For sale: $30,000
This 2-bedroom, 2-bathroom home is a great investment opportunity since it used to be a duplex and, according to the listing, could easily be converted back. The home is situated on a larger block with a fenced yard and covered parking for two vehicles. This home’s automotive counterpoint? A 2012 Dodge Dakota truck, which run about $28,000 to $32,000.
Click here for more homes for the price of a car from Zillow Blog