this post was submitted on 23 Feb 2024
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In Utah County the cheapest "House" for sale is 600 square feet, 2 bed, 1 bath, at $300k.

So at current interest rate it would be $1,800 a month mortgage(assuming you put the 60k down payment! A decent amount more if you do 3% down.)

The cheapest condo/town in utah valley is 205k, 1,100 square feet, on a 400 square foot lot. But due to a $500 HOA fee the monthly cost is still 1,700 a month (assuming 20% down).

With 3.5% down they'd both be closer to 2.1k +PIMI.

So yeah, how is where you live doing?

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[–] kent_eh@lemmy.ca 4 points 1 year ago (1 children)

$59,900 (Canadian)

704 sqft, 1 story, built in 1905

Not, of course, in a desirable neighborhood, and most of the "recent renovations" scream flipper, but it is cheap...

https://www.realtor.ca/real-estate/26213715/655-magnus-avenue-winnipeg-north-end

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[–] Raiderkev@lemmy.world 4 points 1 year ago* (last edited 1 year ago) (4 children)

795 k, and it's an absolute dump 1 br in the worst part of town.

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[–] nutsack@lemmy.world 4 points 1 year ago* (last edited 1 year ago)

in saigon you can pitch a hammock for $0

if you are Vietnamese, sometimes you can apply for some free farm land

[–] Doxatek@mander.xyz 4 points 1 year ago (1 children)

20k. I live in a shit hole

[–] Hobo@lemmy.world 3 points 1 year ago (1 children)

At least it's an affordable shithole!

[–] Doxatek@mander.xyz 3 points 1 year ago (1 children)

Exactly lol. That's why currently stuck commuting a bit more than 3 hours a day round trip to work smh

[–] Hobo@lemmy.world 2 points 1 year ago

Feel your pain. Did the same thing for about a decade and it wasn't awesome. At the end of it I felt like all I did was commute, work, commute, and repeat the next day. Barely saw my family. Hope it gets better for you though!

[–] ParsnipWitch@feddit.de 4 points 1 year ago* (last edited 1 year ago) (1 children)

38 m^2, 2 rooms, 1 bathroom, 169000 € in a rural part of a bigger city in Western Germany.

That's an exception, though. The house is a bit weird since it apparently stands next to a church in the backyard of some other building...

[–] crispy_kilt@feddit.de 2 points 1 year ago

The church bells' relentless ringing, calling for the children of the area to come to the priest's most loving care, probably drives down the price a lot

[–] crispy_kilt@feddit.de 4 points 1 year ago* (last edited 1 year ago) (6 children)

Genève (Geneva), Switzerland

Cheapest apartment is 38mΒ², 2 rooms, 570'000 CHF (646'000 USD)

That's very cheap. It's a shitty flat but livable if need be.

https://www.immoscout24.ch/buy/4000814125

Cheapest house is 240mΒ², 6 rooms, 2'950'000 CHF (3'347'000 USD)

https://www.immoscout24.ch/buy/4000610532

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[–] mke_geek@lemm.ee 4 points 1 year ago

There's 41 houses/duplexes for sale in my city at or under $50k. The lowest are listed at $5,000 but someone could probably buy it for less. The city also provides $20,000 in money to fix up any of the houses they own.

[–] Vex_Detrause@lemmy.ca 4 points 1 year ago

Does HOA mow your lawn, make you food and drive you anywhere?

[–] jordanlund@lemmy.world 3 points 1 year ago* (last edited 1 year ago) (6 children)
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There's no houses that small for sale near me, but the cheapest livable house is about 3x that size, 4br, 2ba, for $150,000, but it's a townhome. If you want a single family you're looking at about $200,000. Central Pennsylvania, USA

[–] ArtieShaw@kbin.social 3 points 1 year ago

$70k USD - 3 bed, 2.5 bath, 1400sq ft., 0.3 acre lot, two stories and a detached garage. The interior needs plenty of non-cosmetic work (e.g. - new flooring)

$75k USD - 2 bed, 1 bath, 800sq ft., 0.15 acre lot; newly redone floors, electric and paint.

After that, there's about 10 more in the 125-150K range.

[–] potpotato@lemmy.world 3 points 1 year ago (1 children)

Not long ago, 40-50k, now 90-100k.

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Regional Australia.

$250k will get you a 90s apartment or a shitbox in bumsville.

Avg wage is about $80k.

[–] toiletobserver@lemmy.world 3 points 1 year ago

439k, 3 bed , 2 bath.

It gets cheaper, but they are mobile homes and restricted to 55+

[–] user224@lemmy.sdf.org 3 points 1 year ago (1 children)

Damn, I didn't realize I just wasted 45 minutes. No definitive answer, but it seems €30-40k for something that should be repaired, but could be barely lived in.

The absolutely cheapest I found was €17,000 with no photos from indoors, only with description saying it is not suitable for living in the current condition...

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[–] Nemo@midwest.social 3 points 1 year ago* (last edited 1 year ago)

I bought my 3BR 1bath SFH, west side of Chicago, for $61K... kinda. To be actually livable it needed another $21K in immediate repairs (electric, plumbing, HVAC).

Luckily I refinanced right before inflation went crazy, so my total mortgage + escrow is $945/mo.

We also looked at a 3-flat building for $2K, but it had a $10K lien on it and all the copper had been stripped, sooooo

[–] Hikermick@lemmy.world 3 points 1 year ago (4 children)

Just a couple of years ago I found two houses on Zillow going for $65,000 in Cleveland. A front house/back house situation.

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