Health & Fitness
This Is 'Cheap' in MB
The lowest-priced house in MB has just sold, and it might lead to a pause-and-reflect type of moment.
The home in question is 1658 11th, a little 2br on a half lot on a corner that we can fairly call busy.
So what was that rock-bottom price for the little darling? $872,340. That's the lowest number for a single-family this year.
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In 2013, there were 6 sales lower than that, headlined by one that almost looks like a misprint: a half-lot fixer nearby at 919 Herrin at $605K. A 6 in front!
But what can you get for that kind of money outside of MB?
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Golly, just head across Artesia from Mira Costa in the Golden Hills neighborhood of Redondo, and you can have your pick of full-size homes (tall-and-skinny, sure, but full-size). As just one example, Dave sold 1644 Steinhart (4br/3ba, 1780 sq. ft.) earlier this year for $801,173.
But you could go to a lot of parts of the South Bay or southern California and have a lot of buying power with $872K to spend.
This morning's palm-to-forehead moment came when we got word from someone shopping in a nice neighborhood around Portland, Oregon. They've tied up a 5,500 sq. ft. house with land and views of trees and 3 mountains... for about that same price.
Sure, it's kind of a hike to the beach from Portland – and a bit cold once you get there – but there's a lot to be said for that town. Great food and microbrews, and no sharks!