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    logan176's Avatar
    logan176 Posts: 341, Reputation: 6
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    #1

    Jul 20, 2009, 08:52 AM
    Home prices in different states
    I know that there are many factors that go into house pricing. My wife and I are traveling on route 95 South through North Carolina on our way from New York to Georgia. I've seen a few billboards for these massive homes that are going for $180,000. Back in NY I bought my tiny Cape Cod for $280,000 and it needed to be gutted down to the studs! I noticed the same thing when visiting friends in Maine. Up there $90k got you a nice starter home... where I live that would probably get me a real nice two-car garage. Can anyone shed a little more light on this for me?
    excon's Avatar
    excon Posts: 21,482, Reputation: 2992
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    #2

    Jul 20, 2009, 08:56 AM

    Hello l:

    It's simply a matter of supply and demand. If an area were desirable, the home prices go up. The less desirable an area is, the cheaper the houses are.

    excon
    excon's Avatar
    excon Posts: 21,482, Reputation: 2992
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    #3

    Jul 20, 2009, 08:59 AM

    Hello again, l:

    Interestingly, there's another member here (EtWolverine) with that same avatar. The odds against that are probably a jillion to one.

    excon
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