What house can you buy for $ 300 000 in different states of the USA

Having spent a budget to buy a home in the amount of 300 000 US dollars in West Virginia or Mississippi, you will get much more living space than having given the same amount in Hawaii or the District of Columbia. And the difference is thousands of square feet!

Фото: Depositphotos

These extra square feet can be very valuable if you plan to start a family or you already have one. If the average home price in the USA is 285 000 dollars, and each square foot costs an average of 152,51 dollars, you can afford a larger house if you decide to settle in a less expensive state, writes GOBankingRates.

To help you evaluate options, GOBankingRates used March 2019 data for median list prices obtained from Zillow's real estate site. The data helps determine the number of square feet that can be purchased on 300 000 dollars in each state and District of Columbia. It is important to consider in your calculations that the amount does not include taxes, fees and other expenses for the purchase of housing in each region.

On the subject: Renting or buying a house in the USA: which is more profitable in the long run

10 most expensive states to buy a home:

1. Columbia region

• For $ 300 thousand you can buy: 556 square feet (51,6 square meters)
• Average price per square foot: $ 540,01

2. Hawaii

• For $ 300 thousand you can buy: 570 square feet (52,9 square meters)
• Average price per square foot: $ 526,04

3. California

• For $ 300 thousands you can buy: 933 square feet (86,7 square meters)
• Average price per square foot: $ 321,43

4. Massachusetts

• For $ 300 thousands you can buy: 1142 square feet (106,1 square meters)
• Average price per square foot: $ 262,67

5. Colorado

• For $ 300 thousand you can buy: 1213 square feet (112,7 square meters)
• Average price per square foot: $ 247,39

6. Washington

• For $ 300 thousand you can buy: 1286 square feet (119,5 square meters)
• Average price per square foot: $ 233,23

7. Oregon

• For $ 300 thousand you can buy: 1386 square feet (128,8 square meters)
• Average price per square foot: $ 216,43

8. New York

• For $ 300 thousands you can buy: 1452 square feet (134,9 square meters)
• Average price per square foot: $ 206,58

9. Rhode Island

• For $ 300 thousands you can buy: 1454 square feet (135,1 square meters)
• Average price per square foot: $ 206,39

10. Montana

• For $ 300 thousand you can buy: 1476 square feet (137,1 square meters)
• Average price per square foot: $ 203,25

Фото: Depositphotos

10 states where it is most profitable to purchase a house:

1. Mississippi

• For $ 300 thousand you can buy: 3207 square feet (297,9 square meters)
• Average price per square foot: $ 93,55

2. West Virginia

• For $ 300 thousand you can buy: 3121 square foot (289,9 square meters)
• Average price per square foot: $ 96,11

3. Arkansas

• For $ 300 thousands you can buy: 3002 square feet (278,9 square meters)
• Average price per square foot: $ 99,94

4. Oklahoma

• For $ 300 thousand you can buy: 2875 square feet (267,1 square meters)
• Average price per square foot: $ 104,36

5. Indiana

• For $ 300 thousands you can buy: 2844 square feet (264,2 square meters)
• Average price per square foot: $ 105,48

6. Alabama

• For $ 300 thousand you can buy: 2827 square feet (262,6 square meters)
• Average price per square foot: $ 106,13

7. Ohio

• For $ 300 thousand you can buy: 2790 square feet (259,2 square meters)
• Average price per square foot: $ 107,53

8. Kentucky

• For $ 300 thousand you can buy: 2599 square feet (241,5 square meters)
• Average price per square foot: $ 115,43

9. Georgia

• For $ 300 thousand you can buy: 2521 square foot (234,2 square meters)
• Average price per square foot: $ 119

10. Missouri

• For $ 300 thousand you can buy: 2519 square feet (234 square meters)
• Average price per square foot: $ 119,11

Read also on ForumDaily:

Renting or buying a house in the USA: which is more profitable in the long run

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