San Antonio, Texas, USA
The average home value in the U.S. is now over $350,000, but there are still desirable places where you can find homes for less. GOBankingRates spoke with Colten Claus, an associate broker with 8z Real Estate in Colorado Springs, Colorado, about where he would buy property with a budget of $250,000.
Find Out: I’m a Real Estate Agent: 5 Places I’d Buy a Vacation Home If I Had $500,000
“With a budget of $250,000, finding the right place to move for both lifestyle and investment purposes can be challenging, especially in today’s real estate market,” he said. “However, there are several areas across the U.S. where this budget can still go far, offering both a desirable quality of life and potential for good investment returns.”
Here are a few areas Claus would consider.
Sponsored: Protect Your Wealth With A Gold IRA. Take advantage of the timeless appeal of gold in a Gold IRA recommended by Sean Hannity.
San Antonio, Texas
- Average home value: $257,711
“San Antonio offers a rich cultural heritage, vibrant culinary scene and lower cost of living compared to other large Texas cities,” Claus said. “It’s also known for its friendly community and mild winters.”
In addition to being a desirable place to live, it’s a smart place to buy an investment property.
“The city has a growing job market, particularly in the tech and healthcare sectors, driving demand for housing,” Claus said.
Discover More: 8 Places Where Houses Are Suddenly Major Bargains
Pittsburgh
- Average home value: $227,329
“Known for its strong sense of community, Pittsburgh boasts a wealth of cultural amenities, including museums, theaters and parks,” Claus said. “It has also been cited for its high livability due to affordable living costs.”
Homes are affordable now, but values are likely to rise in the coming years.
“With several top universities and a burgeoning tech scene, Pittsburgh’s real estate market presents a good investment opportunity, especially in up-and-coming neighborhoods,” Claus said.
Omaha, Nebraska
- Average home value: $278,352
“Omaha offers a blend of urban and rural charm with a strong job market, good schools and a family-friendly environment,” Claus said. “It’s also noted for its arts and culinary scenes. The city’s consistent economic growth and stable real estate market also make it an attractive option for investors.”
Knoxville, Tennessee
- Average home value: $350,151
Although the average home value in Knoxville is $350,000, you can still find appealing properties with a $250,000 budget.
“Knoxville is appealing due to its proximity to the Great Smoky Mountains, vibrant arts scene and overall low cost of living,” Claus said. “It’s also home to the University of Tennessee, which adds a youthful energy to the city.”
Knoxville has become a hot market, so it’s a great place to buy now if you want to sell for a profit down the line.
“The real estate market in Knoxville has been steadily growing, making it a promising area for property investments,” Claus said.
Tulsa, Oklahoma
- Average home value: $200,036
“Tulsa is becoming increasingly popular for its downtown revitalization, cultural attractions and friendly community,” Claus said. “The city also offers a generous incentive program for new residents under its Tulsa Remote initiative. With affordable housing and incentives for new residents and businesses, Tulsa presents a unique opportunity for real estate investment.”
More From GOBankingRates
This article originally appeared on GOBankingRates.com: I’m a Real Estate Agent: 5 Places I’d Relocate To With a Budget of $250,000
News Related
-
Window opens for Zahid to ride off into the sunset – but at Anwar’s cost Sources within Umno have not ruled out strong speculation since last month about a so-called “exit plan” for Ahmad Zahid Hamidi, a move that could pave the way for his political retirement having survived more ...
See Details:
Window opens for Zahid to ride off into the sunset – but at Anwar's cost
-
Brianna Ghey died after she was found with fatal stab wounds in a park Two teenagers accused of murdering Brianna Ghey showed a “preoccupation” with “violence, torture and death”, a court has heard. The body of Brianna, 16, who was transgender, was discovered by dog walkers in a park in ...
See Details:
Murder-accused teens 'had preoccupation with torture'
-
ISLAMIC REVOLUTIONARY Guard Corps Commander-in-Cheif Major General Hossein Salami speaks at an anti-Israel protest in Tehran on Saturday. The IRGC trained Hezbollah to use human shields, say the writers. The conflict in Gaza has raised a deeply troubling issue: Reports suggest that Hamas is deliberately using civilians as shields, a ...
See Details:
A plea for Islamic voices against using human shields - opinion
-
Photo for illustration purposes only. – BERNAMA FILE PIX SHAH ALAM – The government needs to strengthen the Malaysia My Second Home (MM2H) programme, especially with the exemption of visas for Chinese and Indian citizens visiting the country starting Dec 1. Universiti Tun Abdul Razak economic expert Emeritus Professor Dr ...
See Details:
Strengthen MM2H programme, promote multiple entry visa
-
GEG element removed from anti-smoking Bill KUALA LUMPUR: The generational end-game (GEG) element has been removed from the revised Control of Smoking Products for Public Health 2023 Bill tabled for the first reading in the Dewan Rakyat on Tuesday (Nov 28). This is as the Health Ministry tries for the ...
See Details:
GEG element removed from anti-smoking Bill
-
-
-
KUALA LUMPUR (Nov 28): National carrier Malaysia Airlines Bhd has launched its year-end sale with ticket prices starting from RM79 to domestic destinations and from RM229 to international destinations, for travellers who book flights between Nov 28 and Dec 11 this year. In a statement, Malaysia Airlines said all-in one-way Economy Class ...
See Details:
Malaysia Airlines launches year-end sale
-
KUALA LUMPUR (Nov 28): National carrier Malaysia Airlines Bhd has launched its year-end sale with ticket prices starting from RM79 to domestic destinations and from RM229 to international destinations, for travellers who book flights between Nov 28 and Dec 11 this year. In a statement, Malaysia Airlines said all-in one-way Economy Class ...
See Details:
Dr M accuses govt of bribery over allocations
-
KUALA LUMPUR (Nov 28): National carrier Malaysia Airlines Bhd has launched its year-end sale with ticket prices starting from RM79 to domestic destinations and from RM229 to international destinations, for travellers who book flights between Nov 28 and Dec 11 this year. In a statement, Malaysia Airlines said all-in one-way Economy Class ...
See Details:
Malaysia to check if the Netherlands still keen to send flood experts
-
KUALA LUMPUR (Nov 28): National carrier Malaysia Airlines Bhd has launched its year-end sale with ticket prices starting from RM79 to domestic destinations and from RM229 to international destinations, for travellers who book flights between Nov 28 and Dec 11 this year. In a statement, Malaysia Airlines said all-in one-way Economy Class ...
See Details:
Appeals court to rule in Isa’s graft case on Jan 31
-
KUALA LUMPUR (Nov 28): National carrier Malaysia Airlines Bhd has launched its year-end sale with ticket prices starting from RM79 to domestic destinations and from RM229 to international destinations, for travellers who book flights between Nov 28 and Dec 11 this year. In a statement, Malaysia Airlines said all-in one-way Economy Class ...
See Details:
Elephants Trample On Axia With Family Of Three Inside
-
KUALA LUMPUR (Nov 28): National carrier Malaysia Airlines Bhd has launched its year-end sale with ticket prices starting from RM79 to domestic destinations and from RM229 to international destinations, for travellers who book flights between Nov 28 and Dec 11 this year. In a statement, Malaysia Airlines said all-in one-way Economy Class ...
See Details:
Sirul fitted with monitoring device
-
KUALA LUMPUR (Nov 28): National carrier Malaysia Airlines Bhd has launched its year-end sale with ticket prices starting from RM79 to domestic destinations and from RM229 to international destinations, for travellers who book flights between Nov 28 and Dec 11 this year. In a statement, Malaysia Airlines said all-in one-way Economy Class ...
See Details:
Nigerian airliner lands at wrong airport
OTHER NEWS
THOSE looking for fresh produce may find themselves spoilt for choice at the biggest wet market in Klang, but visitors to the place say the condition of the facilities and ...
Read more »
Olive Grove is the first-ever gated-and-guarded development in Bercham, Ipoh with 24-hour security. IPOH: YTL Land and Development Bhd announced that Phase 1 of Olive Grove is fully sold while ...
Read more »
Screenshots of a video showing a teenager pointing a knife at an elderly e-hailing driver. PETALING JAYA: Police have arrested a 13-year-old boy for holding an elderly e-hailing driver at ...
Read more »
Sprint Highway’s Semantan To KL Slip Road Fully Closed Until Dec 31 If you’re a regular user of the Sprint expressway, you’ll need to do some planning for your trips ...
Read more »
Genshin Impact Version 4.3 Leak Showcases Update to Domains New leaks reveals a quality-of-life update to Domains in Genshin Impact, making it easier for players to repeat and farm resources. ...
Read more »
CG Computers will host the Urban Republic (UR) Warehouse Clearance from 30 November to 3 December at the Atria Shopping Gallery in Petaling Jaya. During the event, visitor can get ...
Read more »
Photo for illustrative purposes only – 123RF KUALA LUMPUR – Hyperinflation has never happened in Malaysia and the government hopes it will never happen, according to the Economy Ministry. It ...
Read more »