Inspired by the Million Dollar Home Thread.....

holy crap (pun intended), that would be cool! That said, there's no way I could live in town, so I'll have to pass.

As to buying for less than 100k around here? Not anymore.
 
No.

Tear-downs on my street are going for around $375,000 to as much as $425,000... and these aren't huge lots. It's absolutely nuts. Fixer-uppers can run upwards of $500,000. Occasionally you can find a deal, but those don't stay on the market long. Location, location, location!!!!

Mary
 

my house cost about 1/2 the listing shown :) almost 2000sqft... 4 bed 2 bath yard. my payment per month is less than most peoples car payments..
 
No, and it has been awhile that you can't...

Crazy prices here, and we are in a HUGE boom.. Appraisals are not making sense to me. I am happy we bought when the market was not this way, and we are chipping away at our mortgages..
 
No--not a chance. You could get a mobile home, but not an actual freestanding house.

About the cheapest you can get out here is around $130-$140. For that you can either get a tiny, run-down house in a questionable neighborhood, or a tiny new construction house with absolutely NO upgrades that is about 60 miles outside of Chicago (could maybe be considered an exurb, but I don't think you can call it a suburb anymore).

Of course, go a half an hour "downstate" and it's a completely different world. Illinois is a funny state.
 
The only thing I could find for under $100k was something in a trailer park for $76,000.

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