How much would your home cost ...
... if you woke up tomorrow to find it in, say, California? Coldwell Banker Real Estate recently put together a calculator that lets you compare and contrast.
By its measure, a $400,000 house in the Baltimore area would be worth a little more than $1 million in San Francisco. (It would be about $460,000 in Miami and $220,000 in Dallas.)
Coldwell Banker says it bases its comparisons on "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" in neighborhoods "typical for corporate middle-management transferees."
The website also has a compare-and-contrast calculator for college towns.
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Comments
I was recently in Baltimore & now I'm back in San Francisco and yes, this calculator sounds pretty accurate.
Posted by: stephanie sawchenko | November 9, 2007 2:58 PM