In Pictures: What $1 Million Buys In Homes Across The U.S.

[Roland99]

http://www.forbes.com/forbeslife/2007/04/18/home-property-million-forbeslife-cx_mw_0419millionhome_slide_3.html?thisSpeed=15000

Interesting and I'm glad some magazine has done this.

I was looking at prices of homes in Westport, CT (where a friend of mine recently moved) and a basic 4BR, 2.5BA, 2000 sq. ft. home like I sold here in Louisville 4 years ago for $198,000 would go for over $1 million in Westport, CT. Easily. For $600,000 in Westport I could get, at most, an 1100sq. ft. 2BR bungalow. $600k in Louisville will get you one of the top 1% of homes!

[patrice]

1. I like Louisville!

They need any technical writers there?

[Roland99]

2. Probably so. I know Humana is still hiring lots of people (due to Medicare Drug Plan expansion)

:)

IT industry is actually somewhat healthy here and the housing market has still managed to buck the nearly nationwide bubble.

[whistle]

3. Just keep that housing bubble boiling away and only criminals and the

....corrupt will be able to afford to own their own homes

[Gregorian]

4. The place I'm renting is selling for $1.3 million.

It's in Mendocino. So there's the reasoning. Location. But it's what used to be the clubhouse for the local tennis courts. I'm lucky in that I sold my place recently. I'm just sitting it out. But this house is so silly, I wouldn't pay $400k for it. No insulation in the ceiling. I've lived in tumble down cabins that were more comfortable.


I loved the Daily Show discussion on the Iraq wall we're forcing them to live inside. Location, location, explosion.


It's sick. So many people need housing. And there's the main reason the prices started to climb.

They'll all drop together, essentially. But the economy AND those who can't weather the storm will suffer.

[AlCzervik]

5. i love Mendocino, we stayed at the Mendocino hotel a few years back and loved it.

i'm hoping we might be able to move towards the coast in 7 years.

[Gregorian]

11. It's over rated.

BUT, it's marine influence type of climate, which I really like. And it's overall about as nice as it gets. Progressive people, good grocery stores. Nothing wild like Los Gatos or San Francisco. And housing prices to reflect the eclectic kind of atmosphere.

I'm only here for the mountain biking. Haha. But then, I'm not like everybody else. I'm laying in wait for that next good 160 acres to come on the market. But I'm not frantically searching. I'm just doing my best to relax and let life happen. And that's not my style.

I'm not totally thrilled by the place because I just had two years of the most beautiful property on earth, up in Oregon. But the Bush clones and rabid logging forced me back here.


OK, that was way more than you asked for. :)

I hope you find what you want on the coast. If it helps at all, my realtor keeps nudging me to make a wildly low offer on the house I'm renting. It's here dad's place. I don't want it. But it just shows that when you are ready, that bargain might be here for you.

[sandnsea]

6. Those are 3-5,000 sq ft homes

Rich peoples homes.

Of course there are a few outrageous pockets of elite snobs who will pay ten times more to live in less - but they've got nothing in common with the other 98% of Americans anyway.

Just what we need, another thread about how rich people in massive homes getting $250 hair styles - aren't really rich.

[Matsubara]

14. Thank you. You're 100% correct.

NT

[Redstone]

7. You can't judge by Connecticut, because the New York Yuppies have invaded us.

It was only six years ago that the first house in my town (Old Saybrook) was listed for over a million bucks.

Now there are about twenty houses listed for more than that at any given time. And it's a small town.

Any wonder why we're trying to escape to New Hampshire? This is the second time the fucking yuppies have made me leave what was a wonderful place before they discovered it. (The first was Montgomery County, PA back in the late 1970s.)

After the plague of the Yuppies discover northern New Hampshire, what then? I guess we'll go to Newfoundland.

Redstone

[Old and In the Way]

9. Way too late...North Conway (White Mountains) is already discovered.

Try Central Maine...

[Redstone]

10. No, we know a little forgotten corner of NH that probably will never be found (though

Littleton has been), because it's nowhere near an Interstate.

We'll keep it our little secret for now.

Redstone

[Old and In the Way]

8. I can'y get my head around a $1MM mortgage.

I built my log home in 98 for $75K. About 3000SF, 3 levels, 3 BR, 2Bath, 50 acres with 50 mile views. I'd be lucky to get $300K for it, probably $200K max.

Now if I could pick up the property and plop it 120 miles south or 60 miles east of here....

[Roland99]

13. Well, the really big homes (at least in that Westport, CT area) aren't selling so well. >>>>>

I wrote this a little bit ago right after I visited my buddy up there:

http://www.democraticunderground.com/discuss/duboard.php?az=view_all&address=389x665012

[AnnieBW]

12. I'll take the one in Albuquerque

It's beautiful!