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    Renting & Real Estate

    Question

    Where in the USA can you buy a nice house for under $50,000?
    If you are living on a fixed income, does it make sense to move to an area where the cost of living is lower?
    7 months ago 7 Answers

    Best Answer

    Chosen by Asker
    We live in Steuben County, NY. The most expensive house in our town is $125,000 and that is for over a 3,000 sq. ft. federal style home. You can easily buy a home here for $40,000. In fact we just bought an income home this past summer for $20,000 with 2 apartments. Yes, it was "up to snuff" so to speak and a nice all around home.
    a few seconds ago

    Other Answers

    • A small Midwest town such as Joplin, MO. There are still liveable homes in the $50,000 region here. Nothing fancy at that price but liveable places in decent neighborhoods.

      by Bostonian In MO - 13 hours ago

    • Yes it does.Habitat for Humanity helps a GREAT deal if you want to own your own home.

      by Dave - 13 hours ago

    • My wife and I bought a 3br 1 bath house-plus 28 acres of land for $38,000 in Alabama

      by Jeff - 13 hours ago

    • I'd say yes but a $50,000 home? not likely..My parents bought their first home in 1987 for $42,500.00 it's probably worth 3 times that now.

      by Chris B - 13 hours ago

    • Of course it does, but the days of $50,000 homes have long gone -- you probably can't even get a mobile home on a piece of property for that.

      by Diane B - 13 hours ago

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