Million-dollar listings formerly signaled true luxury for Americans with the means to purchase it, but today, more than 4% of all properties in the 100 largest US metro areas are now valued at at least $1 million, according to a Trulia research from last year. However, depending on where you are situated, this can mean something very different. You might assume that $1 million could buy a mansion. Well, in some areas, that might be true. However, in some areas that will only land you a modest apartment. Continue on to discover some perspective on what $1 million can buy you around the U.S.!
Baltimore, Maryland
The house pictured here is listed for exactly $1 million dollars in Baltimore, Maryland. The beautiful house has five bedrooms and five bathrooms, with the property amassing 3330 square feet overall. This particular house was built in 1920 and is built with Spanish inspiration. It features an abundance of architectural modern design elements fitting for today’s lifestyle. Not too bad for $1 million bucks hey!
Listing price: $1,000,000
Square feet: 3,330
Price per square foot: $300
Dorchester, Massachusetts
The house pictured below may not look like much, but with a little TLC (Tender loving care) it could really be something special. Sure, you might wonder how a run-down home, shabby home like this might be worth $1 million, but you would be wrong. This house is actually listed for $1.1 million! Wow, the area really makes a difference doesn’t it? However, this house does have some perks. This home actually has six bedrooms and three bathrooms. Amassing 3225 square feet, this 1910 build is actually in pretty good nick for its age. Perhaps this house is worth more due to the fact it is located near local shops, public transport and has a large basement.
Listing price: $1,100,000
Square feet: 3,225
Price per square foot: $341