If you're an average buyer looking for an average-priced house, you may be interested to know what a typical house costs in your town. But what if you're not an average buyer? What if you want – or need – to spend as little as possible?
In honor of frugal buyers and cheapskates, we've put together a collection of houses that are the cheapest of the cheap in their market.
Keep in mind that while the cheapest house in town may only cost a buck in Detroit, you'd have to cough up a lot more than that to live among movie stars or rich geniuses — think Bill Gates.
We looked for single-family homes that could actually be lived in, though some will need quite a bit of work before that's possible, and we talked to real-estate agents about why they're priced so low.
Median sale prices are as reported by the National Association for Realtors for the third quarter and are for existing single-family homes in the indicated metropolitan statistical area.
NOTE: Homes were on the market and available at the time of publication, unless noted otherwise. All property information is courtesy of listing agents.
From the desk of Edward E. Cambas, a Lic. Real Estate Broker. Article from MSN Real Estate.
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