It’s no secret that $200,000 won’t get you far in some places — for instance, in Manhattan, it’ll get you 126 square feet of home, which is about half the size of the average one-car garage, a recent analysis by PropertyShark revealed.
“While the results were indeed astonishing, we didn’t think there would be such a huge discrepancy between the most expensive and least expensive cities,” PropertyShark’s Robert Demeter writes.
But if you are willing to come further south, say, Texas, you can get quite a bit of bang for your buck. We show you gorgeous homes every week in our Tuesday Two Hundred that ably demonstrate what you can get for $200,000 in the Dallas area, but Texas as a whole can give a considerable wow for the dollar.
Statewide, San Antonio will give you the most house on average for $200,000— about 3,249 square feet. Fort Worth is around 2,199 square feet, and Houston is not far behind at 2,093 square feet. Dallas comes in at 1,824 and Austin brings up the rear at 1,341 square feet.
“Looking at the data, it’s safe to say that if you’re in the market to buy a home this year, chances are that you’ll need to come up with a lot more than just the U.S. median price to buy a spacious home in one of the country’s high-profile cities, or a lot less, if you chose a more affordable city,” PropertyShark’s Robert Demeter writes. “Either way, one thing is for sure, you’ll sacrifice either space or location to stay within this budget.”
