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re: Starter homes under 450k in a decent neighborhood

Posted on 5/5/23 at 11:46 am to
Posted by 50_Tiger
Arlington TX
Member since Jan 2016
43448 posts
Posted on 5/5/23 at 11:46 am to
quote:

Quick Zillow search provided plenty of options under $450K, some even new construction or in construction.


Tbh kinda learned today ~45 min outside of Austin is affordable

Wish that were true in DFW. Anything under 400 is in a less than desirable neighborhood + will take you 1.5hr to commute in traffic
Posted by MrJimBeam
Member since Apr 2009
13079 posts
Posted on 5/5/23 at 11:46 am to
quote:

My starter home was a 2 bed one bath 850 sqft cottage. I can tell you what cramped is actually like.



My first place was 3/2 1400. I just personally think for that price, to have 1900 sq ft over 2 floors does not leave much space for a larger room. I hate lots of segmented areas. Not this is fairly common in some major cities with much less areas to build, but I just personally would like more than 2k if it's across multiple floors.
This post was edited on 5/5/23 at 11:47 am
Posted by LNCHBOX
70448
Member since Jun 2009
89127 posts
Posted on 5/5/23 at 11:47 am to
quote:

My first place was 3/2 1400. I just personally think for that price, to have 1900 sq ft over 2 floors does not leave much space for a larger room. I hate lots of segmented areas. Not this is fairly common in some major cities with much less areas to build, but I just personally would like more than 2k if it's across multiple floors.



Again, we are supposedly talking about starter homes here.
Posted by WaydownSouth
Stratton Oakmont
Member since Nov 2018
11147 posts
Posted on 5/5/23 at 11:50 am to
quote:

I'm north of Austin right now and anything decent is $500k+ even an hour outside of the city. Same goes for the Houston area.


After a simple Zillow search I managed to find a 450k house that was 3600 sqft in houston and had an in ground pool.

Must be searching pretty lazily
Posted by Breauxsif
Member since May 2012
22342 posts
Posted on 5/5/23 at 11:51 am to
Why continue to live in New Orleans?
Posted by Rize
Spring Texas
Member since Sep 2011
19372 posts
Posted on 5/5/23 at 11:55 am to
quote:

After a simple Zillow search I managed to find a 450k house that was 3600 sqft in houston and had an in ground pool. Must be searching pretty lazily


Can you post the Zillow.
This post was edited on 5/5/23 at 12:01 pm
Posted by LSU alum wannabe
Katy, TX
Member since Jan 2004
27780 posts
Posted on 5/5/23 at 11:56 am to
Unless you’re in “New York , London, Paris, Munich” I disagree.

Posted by FriscoTiger1973
Frisco, Texas
Member since Jan 2012
1414 posts
Posted on 5/5/23 at 11:58 am to
Move in with Mom and Dad and sponge off them for awhile while you plan for the future!
Posted by WaydownSouth
Stratton Oakmont
Member since Nov 2018
11147 posts
Posted on 5/5/23 at 11:59 am to
quote:

Zillow


Are you 75? Do you not know what Zillow is?
Posted by Rize
Spring Texas
Member since Sep 2011
19372 posts
Posted on 5/5/23 at 12:00 pm to
quote:

Are you 75? Do you not know what Zillow is?


I’m 82.

I think I’m still drunk but I was asking for the Zillow
This post was edited on 5/5/23 at 12:02 pm
Posted by DavidTheGnome
Monroe
Member since Apr 2015
31528 posts
Posted on 5/5/23 at 12:04 pm to
I guess it would depend on what you are looking for in it. Something huge? Or new of newly renovated? I just find it really hard to believe that you can't find anything for half a million or under.

Do you have kids, and if so how many?
Posted by GaryPotter
Round about here
Member since Apr 2023
70 posts
Posted on 5/5/23 at 12:05 pm to
quote:

Starter homes under 450k in a decent neighborhood


No one is impressed.

If you're looking at 450k "starter homes" you're spending daddy's money anyway

So now you're just freaking stupid.
Posted by JohnnyKilroy
Cajun Navy Vice Admiral
Member since Oct 2012
41073 posts
Posted on 5/5/23 at 12:06 pm to
quote:

If you're looking at 450k "starter homes" you're spending daddy's money anyway


????
Posted by Jcorye1
Tom Brady = GoAT
Member since Dec 2007
76373 posts
Posted on 5/5/23 at 12:07 pm to
quote:

Starting at 450k is upper class


Someone hasn't seen real estate post Covid.
Posted by LNCHBOX
70448
Member since Jun 2009
89127 posts
Posted on 5/5/23 at 12:08 pm to
quote:

quote:

If you're looking at 450k "starter homes" you're spending daddy's money anyway



????



Where's the confusion? $450k is not a starter home for anyone without major help. Unless of course this was a "starter" home for established professionals that have been renting for several years.
Posted by JohnnyKilroy
Cajun Navy Vice Admiral
Member since Oct 2012
41073 posts
Posted on 5/5/23 at 12:10 pm to
I bought my first home for that price in OM after renting for 3 years. No family help. Only put 10% down.
Posted by GeauxTigers123
Member since Feb 2007
3671 posts
Posted on 5/5/23 at 12:11 pm to
quote:

Where's the confusion? $450k is not a starter home for anyone without major help. Unless of course this was a "starter" home for established professionals that have been renting for several years.




There aren't really starter homes anywhere around dallas at this point.

Homes that were 150 10 years ago are 300+ now.
Posted by LNCHBOX
70448
Member since Jun 2009
89127 posts
Posted on 5/5/23 at 12:12 pm to
quote:

I bought my first home for that price in OM after renting for 3 years. No family help. Only put 10% down.



You financed $405k on your own 3 years into your professional life? I guess I'll take your word for it.

How big of an outlier was your household income at the time?
This post was edited on 5/5/23 at 12:15 pm
Posted by GaryPotter
Round about here
Member since Apr 2023
70 posts
Posted on 5/5/23 at 12:12 pm to
quote:

Someone hasn't seen real estate post Covid.


Someone doesn't understand what a starter home is.

Or at least for the vast majority of Americans.
Posted by thegreatboudini
Member since Oct 2008
7186 posts
Posted on 5/5/23 at 12:12 pm to
I'm north of Austin too. It's brutal. $ per sq ft is honestly unbelievable. I don't know how people are getting approved for these homes, much less being able to actually afford them.
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