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Where do you live that any home is only worth 100k? Even looking 100 miles away I can only find undeveloped land or dilapidated, former hoarder nests for less than 150k.
This. But where do you live in where you can find undeveloped land or dilapidated, former hoarder nests for less than 150k?
More than double that in my country.
Middle of nowhere Nebraska. It’s not a good option, but it exists
https://www.redfin.com/NE/Nebraska-City/1110-4th-Ave-68410/home/90952016
And there’s a 1/1 in the same city for $95k
The main drawback is that you have to live in Nebraska
There’s a lot of ~65k houses in Indiana, as well.
I live in a low cost area and that’s about the only place I could move to come out ahead if I sell. Because houses there cost what I paid in 2013 for roughly equivalent places.. but they don’t get much weather, and I’d rather ride out the climate catastrophe in a water rich region than a wanna-be desert..
Yeah I was thinking southern Illinois or rural New Mexico would have cheap houses too, but looked in Nebraska for no reason
Wow, that's pretty amazing!!
Living in rural America could be that cheap. But you're in small shithole areas.
Downtown Huntington, WV definitely does have houses in that range, but it's had a combination of elderly houses and significant population outflow over the years, and the houses date to an era from before when cars were really a thing, so you're likely not to have a garage.
https://www.zillow.com/homes/for_sale/huntington,-wv_rb/
Perceived "rough" side of a major city.