How much house can you buy here, there and everywhere? – Orange County Register
What kind of housing might $350,000 buy you in Orange County? Start with 2678 Andover, Unit 26C, Fullerton with two bedrooms and a bathroom in 853 square feet. It sold for $350,000 on Sept. 20 … click through the slideshow to see more examples. (Courtesy: Shayda Hojjatpanah, Realty One Group)
Review recent closed sales show us 611 South La Veta #121 in Orange. It’s got 2 bedrooms and 2 bathroom in 952 square feet. It sold for $350,000 on Aug. 11. (Courtesy: Sean Neuberger, Realty One Group)
Or 1675 W Lambert Unit G in La Habra. It’s got 2 bedrooms and 1.5 bathrooms and sold for $350,000 in August 29. (Courtesy: Albert Soto, First Team Real Estate)
In Cypress, 5794 Laguna Way has 1 bedroom and 1 bathroom in 760 square feet. It was sold on July 12. (Courtesy: Mouawad Ebrahem, Berkshire Hathaway)
Here’s 343 S. Monte Vista #13 in La Habra. It’s got two bedrooms and two baths in 1,213 square feet and sold for $350,000 on July 21. (Courtesy: Vickie Melin, Redfin)
At 29 Aruba Street in Laguna Niguel, there’s 2 bedrooms and 2 bathrooms in 916 square feet. It sold for $350,000 on June 22. (Courtesy: Lisa Conte, Nationwide Real Estate)
And there’s 19038 Rockwood #4 in Yorba Linda. It has 2 bedrooms, 2 bathrooms in 921 squaree feet. It sold June 28. (Courtesy: Nicholas Scotto, Century 21 Award)
How much housing can you buy for $350,000?
In St. Louis, you can buy a 4,057-square-foot home with five bedrooms and four bathrooms.
In Boston, you’d only get one bedroom and one bathroom in 522 square feet.
My recent column on this new local housing — a slice of the 80-home Azure neighborhood — stirred plenty of debate about the value of Orange County living.
Some folks are hopeful these new townhomes at such an eye-catching planned price are a sign of more affordable ownership options in the area. Remember, the last time the median selling price of an Orange County home was $350,000 was July 2002, according to CoreLogic.
Yet, other folks can’t see real bang for their buck in these townhomes, which are due in November. Critics typically cited “better” pricing outside of Orange County. For example, the median selling price of a single-family home nationwide is $255,000, according to the National Association of Realtors.
So I decided to do some window shopping of sorts, looking at various price indexes and home listings…