Business

What $250,000 will buy in housing markets across the country

In Wisconsin, $260,000 buys you a plot of land featuring a barn that has been converted into a three-story home and another barn that could serve as a garage.

But in New York and Boston, that same price point buys a one-bedroom condo.

What might sound like a ton of money in one region’s real estate market is barely enough to secure an apartment just a few states away.

Our friends at Zillow helped us figure out what a home buyer can get for around $250,000 in real estate markets across the country. Price points range from $250,000 to $275,000

In Madison, Wis., $259,000, buys a .20-acre plot that houses a four-bedroom home that includes a family room with built in audio

Source: Zillow

In Tacoma, Wash., $275,000 buys a .11 plot in a gated community with three bedrooms, including a loft

Source: Zillow

In Athens, Ala., $274,000 buys a .29 acre plot, complete with four bedrooms, a fenced backyard and stocked lakes in the community

Source: Zillow

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