Traverse City Record-Eagle

Real Estate News

July 2, 2012

How Much House Can You Get for $200,000?

Syndicated — Is there a light at the end of the tunnel? According to Zillow's Chief Economist Stan Humphries, there may be.

Humphries and other economists have predicted a bottoming out of U.S. home values in 2013. Some areas that have already hit bottom are now seeing gains in home values.

The current home value hovers around $148,000, but for the first time in awhile, that number is seeing some modest gains: a 0.5 percent increase month over month and 1.8 percent increase quarter over quarter.

Despite market growth, homes still remain remarkably affordable in many parts of the country, and a price point of $200,000 can offer a home buyer quite a lot.

Here's a sampling of homes listed for $200,000 around the country.

Richmond, VA

705 W 26th St, Richmond VA

For sale: $199,000

This darling Richmond house was completely renovated before hitting the market. The 3-bed, 2-bath home features custom cherry cabinets, granite countertops and new stainless steel appliances in the kitchen, as well as new updates to the master suite.

Plano, TX

1500 Kesser Dr, Plano TX

For sale: $195,000

This Plano charmer is a one-story layout with 4 bedrooms and 2.5 baths. The brick home was built in 1985 and has a newly renovated kitchen, which includes new countertops and cabinets.

Leavenworth, KS

817 Highland Dr, Leavenworth KS

For sale: $203,000

Boasting 2,054 square feet of living space, 4 bedrooms and 3 bathrooms, this Leavenworth property gives a buyer quite a bit of bang for the buck. Built in 2005, the home sits on a fenced corner lot and includes a 3-car garage.

South Ogden, UT

1334 E 5200 S, South Ogden UT

For sale: $204,900

The price of this South Ogden home was just reduced $10,000 to bring it down to the $200,000 price bracket. The 3-bed, 1-bath home was built in 1993 and is all one level.

Bernalillo, NM

367 N Camino Del Pueblo, Bernalillo NM

For sale: $200,000

There's Southwestern character to spare in this historic Pueblo-style home. The 1908 Bernalillo residence features cured Douglas fir floors, Mexican tiles, as well as an updated kitchen and bathrooms.

Related:

1
Text Only

Facebook
Twitter Updates
Follow us on twitter
Associated Press Video
Obama: Putin must push separatists to aid MH17 probe Michigan inmates no longer allowed to wear orange due to 'OITNB' Adam Levine Ties the Knot Sebastian The Ibis Walks Beautiful Bride Down The Aisle | ACC Must See Moment NASA Ceremony Honors Moon Walker Neil Armstrong Faces of Souls Lost in Malaysian Plane Crash 105-year-old woman throws first pitch Man Creates Spreadsheet of Wife's Reasons for Turning Down Sex 'Weird Al' Is Wowed by Album's Success Rory McIlroy struggles, surges, wins British Open NOW TRENDING: Real life Pac-Man Explosions as hot air balloon crashes in Clinton DUI Driver Dragged to Safety by Officer After Walking Onto Busy Freeway Celebrities That We'd Like to Send to the Moon Spectacular lightning storm hits London Malaysian Flight Victim Was South Florida Grad Rory McIlroy on pace to break British Open records Officials Fear MH17 Site Now Tampered by Rebels Lowes employees repair Vietnam vet's wheelchair Widow of Staten Island man who died after NYPD takedown says he was unjustifiably targeted