It’s hard to imagine a home selling for the price of a car, but nonetheless, some home prices in some sections of the country are now comparable to prices of luxury cars. And, no, we’re not talking about Bentley’s and Rolls-Royce’s, we’re talking about Acura’s and Hyundai’s and cars that are purchased and accessible by many Americans.
Some of the homes are distressed sales — no surprise there — but some are simply low-priced homes that need a new owner. All of them appear to have good bones, but need lots of TLC. Take a look at 10 homes with four bedrooms or more, that are selling for the price of four wheels in places throughout the U.S.:
1. South Bend, IN Home For Sale — $49,000 | Price per sq ft: $27
Original list price – $89,900 (2009)
717 Forest Ave, South Bend, IN 46616
Listing description: Upstairs had been used as an apartment with a kitchen, full bath, 3 bedrooms, living room and has a separate entry. The main level has a living room, dining room, 2 bedrooms, kitchen, full bath and a laundry room. The basement is entered by a Bilco door and contains the mechanicals.
Comparably priced car: 2010 Acura RL (MSRP $46,830 – $54,250)
> See South Bend real estate
> See South Bend home values
2. Florence, AZ Home for Sale — $34,900 | Price per sq ft: $14
Original list price — $148,900 (June, 2010)
23803 N Bridle Way, Florence, AZ 85132
Listing description: This home has never been lived in and does not have the certificate of occupancy with Pinal County. This will need to be cleared with the county before moving in. Carpet and ceramic tile flooring, breakfast bar, fireplace, spacious rooms. Bank of America Home Loan Pre-Qualification required on all offers. Free appraisal and credit report if financed through Bank of America.
Comparably priced car: 2011 Hyundai Genesis (MSRP $33,000 – $43,000)
> See more Florence real estate
> See Florence home values
3. Baytown, TX Home for Sale — $49,900 | Price per sq ft: $39
Original list price — $54,900 (Nov. 2010)
607 Lloyd Ln, Baytown, TX 77521
Listing description: Traditional brick/wood 1-story home. This home features 4 bedrooms, 1 bath, patio and shed.
Comparably priced car: 2011 BMW 3 Series Coupe (MSRP $36,700 – $50,150)
> See more Baytown real estate
> See Baytown home values
4. Aurora, IA Home for Sale — $47,500 | Price per sq ft: $34
Original list price — $48,500 (August, 2010)
209 York St, Aurora, IA 50607
Listing description: Looking for a bigger house, need more bedrooms, then this might be the house for you! Edge of town feeling, large yard, most of the work of updating this has been done for you. More than a Drive-by, CALL TODAY.
Comparably priced car: 2011 Ford Shelby GT500 Coupe ($48,645)
>
5. Detroit, MI Home for Sale — $32,000 | Price per sq ft: $16
Original list price — $28,000 (Aug. 2010)
16260 Wildemere St, Detroit, MI 48221
Listing description: Great value in this well-maintained brick 5-bedroom home with great design appeal. Arched porch & doorways and plaster ceilings inside. Big fireplace with wood mantle. Five livable bedrooms plus a part-finished basement with workshop. Lots of storage area throughout. All appliances included & efficient steam heat. Fenced garden area off Florida room. Located near U of D-Mercy & M-10. Easy appointments to show – reasonable notice requested. Won’t last long.
Comparably priced car: 2011 GMC Acadia SL FWD (MSRP $31,840)
>
6. Rocky Mount, NC Home for Sale — $33,900 | Price per sq ft: $12
Original list price — $77,900 (Sept. 2010)
331 S Grace St, Rocky Mount, NC 27804
Listing description: Prequalified/proof of funds required with offer. Sold as is. Vinyl siding, hardwood floors, master bedroom up or down.
Comparably priced car: 2010 Volvo V70 3.2 (MSRP $33,550)
>
7. Taunton, MN Home for Sale — $37,500 | Price per sq ft: $21
Original list price: $42,000 (August 2010)
303 N Garfield St, Taunton, MN 56291
Listing description: 2 story home, 4 bedrooms, 2 bath. Some updates have been done. Home to be sold “as is, where is.” All information and sizes are approximate.
Comparably priced car: 2010 Chevrolet Tahoe LS 2WD (MSRP $37,280)
>
8. Rochester, NY Home for Sale — $30,000 | Price per sq ft: $15
Original list price: $34,900 (Sept. 2009)
109 Maryland St, Rochester, NY 14613
Listing description: Great Investment Opportunity! Property rented on a month to month basis at $750 plus utilities. Property can easily be converted back to a 2 family home. Huge potential! Needs some TLC.
Comparably priced car: 2010 Ford Escape Hybrid FWD (MSRP $29,860)
>
9. Akron, OH Home for Sale – $45,000 | Price per sq ft: $33
Original list price: $50,000 (July 2010)
1114 Herberich Ave, Akron, OH 44301
Listing description: Great investment property. Current renters have been here for 20 years. Rental income $650/month. Siding and roof replaced about 4 years ago. First floor features living room that has wide archway leading to the dining room, kitchen, and breakfast room. Second floor has 3 bedrooms and large bathroom. Third floor is finished and used as a 4th bedroom. There is a full basement and a single car detached garage.
Comparably priced car: 2010 Cadillac CTS Sport Wagon 3.6L Performance AWD (MSRP $45,265)
>
10. Cheboygan, MI Home for Sale – $34,500 | Price per sq ft: $14
Original list price: $49,500 (Nov. 2010)
220 Duncan Ave, Cheboygan, MI 49721
Listing description: Turn of the century home with 4 bedrooms, detached 2 car garage, formal dining room, hardwood floors and a great location close to downtown.
Comparably priced car: 2010 Toyota Highlander Hybrid Base 4X4 (MSRP $34,900)
Some of the homes are distressed sales — no surprise there — but some are simply low-priced homes that need a new owner. All of them appear to have good bones, but need lots of TLC. Take a look at 10 homes with four bedrooms or more, that are selling for the price of four wheels in places throughout the U.S.:
1. South Bend, IN Home For Sale — $49,000 | Price per sq ft: $27
Original list price – $89,900 (2009)
717 Forest Ave, South Bend, IN 46616
Listing description: Upstairs had been used as an apartment with a kitchen, full bath, 3 bedrooms, living room and has a separate entry. The main level has a living room, dining room, 2 bedrooms, kitchen, full bath and a laundry room. The basement is entered by a Bilco door and contains the mechanicals.Comparably priced car: 2010 Acura RL (MSRP $46,830 – $54,250)
> See South Bend real estate
> See South Bend home values
2. Florence, AZ Home for Sale — $34,900 | Price per sq ft: $14
Original list price — $148,900 (June, 2010)
23803 N Bridle Way, Florence, AZ 85132
Listing description: This home has never been lived in and does not have the certificate of occupancy with Pinal County. This will need to be cleared with the county before moving in. Carpet and ceramic tile flooring, breakfast bar, fireplace, spacious rooms. Bank of America Home Loan Pre-Qualification required on all offers. Free appraisal and credit report if financed through Bank of America.
Comparably priced car: 2011 Hyundai Genesis (MSRP $33,000 – $43,000)
> See more Florence real estate
> See Florence home values
3. Baytown, TX Home for Sale — $49,900 | Price per sq ft: $39
Original list price — $54,900 (Nov. 2010)
607 Lloyd Ln, Baytown, TX 77521
Listing description: Traditional brick/wood 1-story home. This home features 4 bedrooms, 1 bath, patio and shed.Comparably priced car: 2011 BMW 3 Series Coupe (MSRP $36,700 – $50,150)
> See more Baytown real estate
> See Baytown home values
4. Aurora, IA Home for Sale — $47,500 | Price per sq ft: $34
Original list price — $48,500 (August, 2010)
209 York St, Aurora, IA 50607
Listing description: Looking for a bigger house, need more bedrooms, then this might be the house for you! Edge of town feeling, large yard, most of the work of updating this has been done for you. More than a Drive-by, CALL TODAY.Comparably priced car: 2011 Ford Shelby GT500 Coupe ($48,645)
>
5. Detroit, MI Home for Sale — $32,000 | Price per sq ft: $16
Original list price — $28,000 (Aug. 2010)
16260 Wildemere St, Detroit, MI 48221
Listing description: Great value in this well-maintained brick 5-bedroom home with great design appeal. Arched porch & doorways and plaster ceilings inside. Big fireplace with wood mantle. Five livable bedrooms plus a part-finished basement with workshop. Lots of storage area throughout. All appliances included & efficient steam heat. Fenced garden area off Florida room. Located near U of D-Mercy & M-10. Easy appointments to show – reasonable notice requested. Won’t last long.Comparably priced car: 2011 GMC Acadia SL FWD (MSRP $31,840)
>
6. Rocky Mount, NC Home for Sale — $33,900 | Price per sq ft: $12
Original list price — $77,900 (Sept. 2010)
331 S Grace St, Rocky Mount, NC 27804
Listing description: Prequalified/proof of funds required with offer. Sold as is. Vinyl siding, hardwood floors, master bedroom up or down.Comparably priced car: 2010 Volvo V70 3.2 (MSRP $33,550)
>
7. Taunton, MN Home for Sale — $37,500 | Price per sq ft: $21
Original list price: $42,000 (August 2010)
303 N Garfield St, Taunton, MN 56291
Listing description: 2 story home, 4 bedrooms, 2 bath. Some updates have been done. Home to be sold “as is, where is.” All information and sizes are approximate.Comparably priced car: 2010 Chevrolet Tahoe LS 2WD (MSRP $37,280)
>
8. Rochester, NY Home for Sale — $30,000 | Price per sq ft: $15
Original list price: $34,900 (Sept. 2009)
109 Maryland St, Rochester, NY 14613
Listing description: Great Investment Opportunity! Property rented on a month to month basis at $750 plus utilities. Property can easily be converted back to a 2 family home. Huge potential! Needs some TLC.Comparably priced car: 2010 Ford Escape Hybrid FWD (MSRP $29,860)
>
9. Akron, OH Home for Sale – $45,000 | Price per sq ft: $33
Original list price: $50,000 (July 2010)
1114 Herberich Ave, Akron, OH 44301
Listing description: Great investment property. Current renters have been here for 20 years. Rental income $650/month. Siding and roof replaced about 4 years ago. First floor features living room that has wide archway leading to the dining room, kitchen, and breakfast room. Second floor has 3 bedrooms and large bathroom. Third floor is finished and used as a 4th bedroom. There is a full basement and a single car detached garage.Comparably priced car: 2010 Cadillac CTS Sport Wagon 3.6L Performance AWD (MSRP $45,265)
>
10. Cheboygan, MI Home for Sale – $34,500 | Price per sq ft: $14
Original list price: $49,500 (Nov. 2010)
220 Duncan Ave, Cheboygan, MI 49721
Listing description: Turn of the century home with 4 bedrooms, detached 2 car garage, formal dining room, hardwood floors and a great location close to downtown.Comparably priced car: 2010 Toyota Highlander Hybrid Base 4X4 (MSRP $34,900)
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