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Original poster

Can you buy a house for less than 100k where you are?

153 replies

gumball37 · 22/02/2022 00:34

I'm in rural Pennsylvania (USA). I bought our house this past summer (August) for $70k. 4 bed, 2 full baths, play room, dining room, and office/gaming area for my teen off of the living room. Has a large yard and garage. Here you just go to the local school district (catchment if you will).

I had a frozen pipe which is costing me 4k to fix and redo kitchen. Put about 2500 into random things for maintenance and aesthetics. 5400 for new carpet. I estimate another 20-25k for more updates in the next few years.

It seems most of the posts I read on here are about palaces 300k and up. So I was just curious.

OP posts:
HirplesWithHaggis · 22/02/2022 00:38

Yes, you can buy a liveable place (nowhere near the size of yours!) for £40-50k where I am. Yours would be more like £200k, though, and I am also rural.

MintJulia · 22/02/2022 00:41

No. The least expensive one bed flat here is in the region of £140,000

About 60 miles west of London.

ElIie · 22/02/2022 00:44

It’s about £250,000 for a 1 bed flat where I live. Sad times.

PastMyBestBeforeDate · 22/02/2022 00:46

$100k is only £75k
Either way, you couldn't buy a house in most parts of the south of England for twice that.

Original poster
gumball37 · 22/02/2022 00:46

Haha.. palaces was actually a typo... That was supposed to say "places".

OP posts:
ouch321 · 22/02/2022 00:46

In central London that would buy you a car parking space or maybe a garage.

In outer London maybe a small studio which is v run-down in a grotty part of town and in need of lots of expensive work.

FinnulaFloss · 22/02/2022 00:47

Yes, certainly in the City I'm in - but not in areas I'd want to live.

The lowest priced in my local area (within 3 miles ish) would be about £220k, smallish ex council 3 bed.

Wheresthisgoing · 22/02/2022 00:48

A detached 4 bed with garage and garden would be more than £500k where I am.

Original poster
gumball37 · 22/02/2022 00:48

Oh wow. I am so sorry.

OP posts:
TheVillageShop · 22/02/2022 00:51

Where I am in the Thames Valley you might just scrape a grotty leasehold (short lease) 1 bed flat or studio for £200,000 in an undesirable part of town. UK pounds sterling, that is.

Baileysoncereal · 22/02/2022 00:52

No.
Your house would cost around 1mil here

I haven’t seen a house for less than 250 in a few years - that is a medium sized two bed, small front and back garden, one car driveway, no garage.

TheVillageShop · 22/02/2022 00:54

OP, what you describe would be at least 1 million where I am.

pawpaws2022 · 22/02/2022 00:54

Yes. Might not be the nicest area or the smartest house but you can

https://www.rightmove.co.uk/properties/111134216#/?channel=RES_BUY

https://www.rightmove.co.uk/properties/119442344#/?channel=RES_BUY

Wheresthisgoing · 22/02/2022 00:56

Although you must be very rural in PA …just looked up a house I grew up in (Yardley, PA) before moving to the UK and it’s a 4 bed and valued at $478k

PrettyBluebells · 22/02/2022 00:57

You can get a 2 up/2 down where I am for less than £100k. Houses in the US are generally bigger and cheaper, you have more room snd in general use less quality materials. I have a 4 bed detached and no way will it need £25k for maintenance over the next few years.

caringcarer · 22/02/2022 01:01

My son bought a 2 bed terraced in Hull for £75k last year. Nothing less than £160k cheapest 2 bed in West Midlands near Birmingham.

DaisyWaldron · 22/02/2022 01:06

I live in York. You can get a small 1 bedroom flat from around £115,000, with the cheapest house (1 bedroom terrace) starting at £160,000.

I couldn't find a house with as many reception rooms as you describe, but this was the cheapest that seemed close to your description, at £500,000.
www.rightmove.co.uk/properties/113956952#/?channel=RES_BUY

Floralnomad · 22/02/2022 01:07

Cheapest 1 bed house or 2 bed flat within 1/2 mile of us is offers over £250 k , so you wouldn’t get far with 100k .

Original poster
gumball37 · 22/02/2022 01:08

@PrettyBluebells

You can get a 2 up/2 down where I am for less than £100k. Houses in the US are generally bigger and cheaper, you have more room snd in general use less quality materials. I have a 4 bed detached and no way will it need £25k for maintenance over the next few years.
The 25k is only because previous owners out everything off for years. So I'll need 2 new baths, new fencing, new siding and new windows. After that things should be relaxed for a while.
OP posts:
makingmiracles · 22/02/2022 01:08

You might get a one bed flat where I am in the sw for £100k, but not much else. A 4 bed with garden and parking you’ll be lucky to find anything less than £350/400k

Original poster
gumball37 · 22/02/2022 01:09

@Wheresthisgoing

Although you must be very rural in PA …just looked up a house I grew up in (Yardley, PA) before moving to the UK and it’s a 4 bed and valued at $478k
Small Town for sure. Farm country too haha.
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chiiipsandsalad · 22/02/2022 01:13

Greater manchester here

Bought my 3 bed semi for £110k 11 years ago.

Now it costs in the region of £180k for something that size.

YouCantTourniquetTheTaint · 22/02/2022 01:15

Cheapest to buy where I live is a 1 bed flat in a crime riddled part of town for £150k. The sort of house you've got could easily be £1mil+

AuntTwacky · 22/02/2022 01:16

No way but I wouldn't want to live in rural Pennsylvania

Original poster
gumball37 · 22/02/2022 01:27

Yeah... Rednecks abound. It's not the easiest place to live (especially as a liberal atheist), but not high in crime or dangerous.

OP posts: