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?

(page 3) 38 comments
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[–] THE_MASTERMIND@lemmy.today 2 points 1 year ago

Very pricey is all i can say.

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

In the city at large, I see the cheapest apartment 750sq feet for 18k but you can be sure the whole building is falling down; cheapest empty lot $30k 2,500 sq feet (so maybe do-able if you can build up 2-3 stories, since you aren't actually allowed to build out to the edges of the lot).

Cheapest actual detached house in my 'inside the city, close to work and everything' neighborhood is an eye watering $440k and 1,500 sq feet, cheapest for sale apartment 700 sq ft $140k.

Most EXPENSIVE house in my neighborhood $2,250,000, and most expensive house listed in the whole city, add another zero to that price.

[–] Moobythegoldensock@lemm.ee 2 points 1 year ago

$47,900 for a duplex in the bad part of town.

[–] 5714@lemmy.dbzer0.com 1 points 1 year ago

110.000€, 1942 - fit for demolition, 3 room/88 sqm, no heating, 780 sqm 'savage' garden.

[–] ICastFist@programming.dev 1 points 1 year ago

Legal or illegal? Legal is around 220k in local currency, illegal is 80k. Divide that by 5 to get the approximate price in dollars

[–] peter@feddit.uk 1 points 1 year ago

A tiny 2 bed house that is in poor condition is about Β£55,000

Excluding mobile homes, you can get a 318 square foot studio in downtown San Diego for only $180,000! Not including the $770/mo HOA fee. I like that the listing includes a lot size of 1.2 acres, as if you get the whole city block to yourself.

[–] hubobes@sh.itjust.works 1 points 1 year ago* (last edited 1 year ago)

4.5 Rooms, 95 square meter apartment, 1β€˜315β€˜000 CHF.

Edit: Rotkreuz, Zug, Switzerland

[–] dotslashme 1 points 1 year ago (1 children)

$229,000 for 53 sqm (571 sqft)

[–] ericbomb@lemmy.world 1 points 1 year ago

This post was 4 months ago.

Fun to know that it's still absolutely screwed.

In Tuscaloosa, AL it looks like the cheapest is $99k, with a fair few under $200k. Granted they are in rough shape but they are here and somewhat affordable.

[–] Justas@sh.itjust.works 0 points 1 year ago (1 children)

Lithuania, TelΕ‘iai county

14000 Euros

4 rooms

66 square metres

25 ars of land

Photograph for the curious

Link for even more curious

[–] ericbomb@lemmy.world 0 points 1 year ago (1 children)

That sounds cheap as an American! Is it affordable with how much money Lithuainians make?

[–] Justas@sh.itjust.works -1 points 1 year ago

An average salary is 1250 euros, so it would be possible to save up enough in 3-5 years. Or save enough for a downpayment. However, a house like that would take twice the amount or more to become livable and the location is not the best.

A more decent home would cost between 50-100K, also possible on a mortgage with a decent salary, but not that cheap.

Houses next to big cities can get more expensive, but so do the salaries. Most city people don't live in houses though, they go for apartments. Some of them are renovated. Mixed use buildings are also common.

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