Business Week has published Coldwell Banker's home price comparison index.
The average home prices of the 10 cheapest areas:
Minot, N.D. $132,300
Killen, Tex. $140,310
Arlington, Tex. $140,975
Grayling, Mich. $144,250
Topeka, Kan. $148,050
Canton, Ohio $148,333
Tulsa, Okla. $148,575
Billings, Mont. $150,141
Fort Worth, Tex. $151,250
Cadillac, Mich. $151,530.
From Coldwell Banker's website: "HPCI subject homes are based upon a single-family dwelling model with approximately 2,200 sq.ft., 4 bedrooms, 2 1/2 baths, family room (or equivalent) and 2-car garage. Surveyed homes and neighborhoods are typical for corporate middle-management transferees."
By their math our $850K home near Honolulu (which has just about the same specs as the HPCI) would be worth $5.6M $130K in Minot... seems about right.
The average home prices of the 10 cheapest areas:
Minot, N.D. $132,300
Killen, Tex. $140,310
Arlington, Tex. $140,975
Grayling, Mich. $144,250
Topeka, Kan. $148,050
Canton, Ohio $148,333
Tulsa, Okla. $148,575
Billings, Mont. $150,141
Fort Worth, Tex. $151,250
Cadillac, Mich. $151,530.
From Coldwell Banker's website: "HPCI subject homes are based upon a single-family dwelling model with approximately 2,200 sq.ft., 4 bedrooms, 2 1/2 baths, family room (or equivalent) and 2-car garage. Surveyed homes and neighborhoods are typical for corporate middle-management transferees."
By their math our $850K home near Honolulu (which has just about the same specs as the HPCI) would be worth $5.6M $130K in Minot... seems about right.