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How cheap is the cheapest home for sale in your city/region? (lemmy.world)

submitted 9 months ago by ericbomb@lemmy.world to c/asklemmy@lemmy.ml

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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?

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[–] kent_eh@lemmy.ca 4 points 9 months ago (1 children)

$59,900 (Canadian)

704 sqft, 1 story, built in 1905

Not, of course, in a desirable neighborhood, and most of the "recent renovations" scream flipper, but it is cheap...

https://www.realtor.ca/real-estate/26213715/655-magnus-avenue-winnipeg-north-end

[–] Yerbouti@lemmy.ml 1 points 9 months ago

That's sounds crazy cheap for Canada. The cheapest crappy one bed condo in Montreal must be 300k. ...