City Living in 11 U. S. Cities
By trade I am a Commercial Realtor and specialize in office buildings and warehouses. I have, however, always been fascinated with the residential real estate market and city living. It’s so interesting to see the vast difference in value from city to city across America.
I thought it would be fun to post what you can get for $500,000 from 11 different cities across the country. In this post I am featuring true city living. In the near future, I’ll compare living in the burbs.
The best comparison for me is comparing the purchase price on a per square foot basis. In NYC, you are paying top dollar, $954 per square foot and in my home town of Columbus, Ohio, you can get a loft downtown that is four times the size for almost one-fourth the price of NYC.
New York City: $525,000
Studio Apartment: 550 Square Feet ($954/SF); 1 Bedroom, 1 Bath
For additional information and pictures, click here.
Boston: $499,000
Brownstone: 741 Square Feet ($673/SF), 2 Bedrooms, 2 Baths
For additional pictures and information, click here
Washington, DC: $510,000
Condo; 1215 Square Feet ($419/SF); 2 Bedrooms, 2 Baths
For addition pictures, click here
Chicago: $499,000
1511 Square Feet ($330/SF), 2 Bedrooms, 2 Baths
For additional pictures and information, click here.
Atlanta: $499,000
1520 Square Feet ($328/SF), 2 Bedrooms, 2 Baths
For additional pictures and information, click here.
Minneapolis: $524,000
1270 Square Feet ($412/SF), 2 Bedrooms, 2 Baths
Nashville: $525,000
1113 Square Feet ($471/SF), 2 Bedrooms, 2 Baths
For additional pictures and information, click here.
Columbus: $545,000
2068 Square Feet ($263/SF), 3 Bedrooms, 2.5 Baths
For additional pictures and information, click here.
Las Vegas: $505,000
797 Square Feet ($658/SF), 1 Bedroom, 1 Bath
For additional pictures and information, click here.
Seattle: $525,000
1015 Square Feet ($517/SF), 2 Bedrooms, 2 Baths
For additional pictures and information, click here.
San Francisco: $499,000
968 Square Feet ($515/SF), 2 Bedrooms, 2 Baths
For additional pictures and information, click here.
My only experience with living in the heart of a city was when I went to school in Boston. I lived right in the heart of the city with the Boston Commons park being my campus. It was an amazing experience. I used to visit my friend in NYC and last year traveled to Chicago to see my niece who lives Downtown. It’s such a different way of life and oh so intriguing! The hustle and bustle of city life is energetic.
In my own town of Columbus, Downtown city living has made a comeback. Both young professionals and older empty nesters are moving Downtown. At $263/SF, it is much more affordable than the other ten cities featured in this post.
Do you live in the city and if not, do you have an interest in city living?
Love this smart and intriguing post. Living in manhattan , I can attest to the crazy prices, In addition to the price per foot, you also may be facing very high maintenance fees and might live in posh area, but one that can be flooded…easily.
I think that for that sum , A safe well maintained area in manhattan , with an elevator and doorman , one can safely buy a shoe closet and perhaps some shoes to put in it, a Murphy bed, too ,,if one is lucky .. Add 600 a month for a garage…
I loved living I’m Columbus once upon a time , the people were truly fabulous, and the real estate prices were friendly too.
Oh well, city girl, I am.
Loved this post. I love Seattle too…
Stark realities, ugh.
I hope you are healing well!
XX, Elle
http://mydailycostume.com
Elle, I thought of you when I researched NYC. I wasn’t surprised at the prices and new there would be few apartments in that price range there. I was, however, surprised at some of the prices in Minneapolis and Nashville. How long ago did you live in Columbus and what brought you here? Columbus has changed/grown a lot in the last 10 years! I am continuing to heal and getting stronger every week … thanks for your well wishes these last few months. Best, Elaine