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?

    • krash@lemmy.ml
      1·
      6 months ago

      “EXPLORE the UNTAPPED POTENTIAL”, I love the agents unyielding optimism.

  • Semi-Hemi-Demigod@kbin.social
    1·
    6 months ago

    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

  • MrVilliam@lemmy.worldEnglish
    1·
    6 months ago

    I’m in Ashburn, VA. I just looked at Zillow and saw that the cheapest single family home right now is $625k for 2060 sqft. If you have a credit score >719 and put $100k (~16%) down, it’s only $4438/month according to their estimates.

    So my wife and I live in an apartment with no kids or pets, and we both work a lot… Maybe one day we can afford a townhouse? I just found a decent looking one that’s only $450k so $3200/month…

  • tetris11@lemmy.ml
    1·
    6 months ago

    Here in London, you can easily find for £120k a nice 100m² garage without plumbing outside of a busy hospital where passerbys go to smoke and urinate.

  • AA5B@lemmy.world
    1·
    6 months ago

    For a “cheap “ suburb of Boston

    • $580k for 1,038 sq ft 2 br on a 5,000 sq ft lot. The homes on this area were originally built as summer cottages so they’re going to be expensive to heat. Of 12 single family homes for sale, 7 are over $1M and one is in a different town
    • $265k for a 1 br condo, 579 sq ft. The only feature listed is “private entrance”. Second cheapest is a new townhouse for $1.5M
  • rab@lemmy.ca
    1·
    6 months ago

    Here in Victoria BC the cheapest detached house is just shy of $1m cad. What a shithole

  • athos77@kbin.social
    1·
    6 months ago

    The cheapest one is apparently in the town next door. It’s a 3 bedroom, 1 bath, 984 square foot single family home built in 1955, on a third-of-an-acre lot with no HOA.

    All the pictures are of the outside only, so I’m assuming the inside is pure shit. However, I also have to assume it’s some kind of liveable shit, because the places that aren’t liveable generally have to list as “0 bedrooms”.

    It’s $60,000, in south/central New Jersey. Or $665 per month, which includes 30 year mortgage as well as property taxes.

  • ℕ𝕖𝕞𝕠@midwest.social
    1·
    6 months 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

  • RegalPotoo@lemmy.worldEnglish
    1·
    6 months ago

    $229k NZD for a 2 bed, 1 bath 80sqm slumlord rental in a shit neighbourhood in Christchurch, New Zealand

  • ParsnipWitch@feddit.de
    1·
    6 months ago

    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…

  • marine_mustang@sh.itjust.works
    1·
    6 months ago

    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.