Do you want to live someplace where you can buy a big house for a low price? Look for a rural state without big metro areas.
Nevada is about in the middle of the pack when it comes to affordability per square foot. Here, about $200,400 can get you 1,452 square feet of home — slightly better than Arizona and slightly less than Delaware.
The $200,400 was the median housing price nationwide, which is 7.4 percent above last year, according to Zillow.
The least acreage per dollar can be found in — no surprise — Washington, D.C. 1. Washington D.C. (403 sf), Hawaii (418 sf), California (713 sf – you knew that was coming, didn’t you?), Massachusetts (887 sf), and Colorado (982 sf).
The best bang for the buck, at least as far as square footage goes, was Indiana, where that $200,000 will get you 2,330 sf. That’s followed by 2. Arkansas (2,227 sf), Mississippi (2,277 sf), West Virginia (2,252 sf), and Ohio (2,252 sf).
Free consumer’s guide on buying a new Las Vegas home
Want a FREE advance copy of Hal DeKeyser’s upcoming book on how to buy a new home in Las Vegas? It walks buyers through all the steps in the process, from figuring out what kind of home you want to finding financing, shopping the models, monitoring construction to what you do in the first year. It’s a helpful guide even for those who have done this before. To get one, simply email Hal.DeKeyser@gmail.com with “I want the book” in the subject line. (No obligation.)