Buying Austin real estate you can afford
Buying Austin real estate can be a fantastic way to make an investment. With tons of real estate – ranging from quaint townhouses to spacious single family homes, Austin, TX is definitely a location worth considering. What’s more, buying a home in Austin provides you with access to a large and growing city, a stellar local economy, and plenty of jobs opportunities. The question is where in Austin do you want to stay?
Homes in the $100,000 to $200,000 Range
With a budget of $100,000 to $200,000, you can find plenty of townhomes and quaint single family homes to choose from. It is even possible for you to find spacious 3 bedroom single family homes in certain regions of Austin as well. Neighborhoods in Austin that contain homes that cost between $100,000 to $200,000 include Jonestown, Hutto and Manor. You will also find homes available in Austin proper within this price range.
Whether you are looking for a piece of land to build on or an already existing house, there are plenty of options available for homebuyers who are looking to buy within this price range. Consider homes in East Austin for the more affordable properties. Being east of I-35 is often the ideal environment for smaller families. You'll lose the rolling hills the city is known for, but you'll gain more square footage for your dollar. Plus, it’s an easy commute into the downtown area from this region.
Homes in the $200,000 to $300,000 Range
For those with a slightly higher price point, buying Austin real estate can offer more flexibility and better features. When buying a home in Austin with a budget limit of $300,000, you'll be able to afford more square footage. However, where you buy in the city determines how much you can afford. For instance, new construction 2 bedroom townhomes by Ashton Woods Homes are now available to purchase in NW Austin for about $240,000. If you are buying Austin real estate at this price range, you find that most of your options will be between two and four bedrooms, and finding a 3-bedroom single family home will not a problem. New construction properties are also available in this price point.
In terms of area, the southwest and northwest areas of Austin are going to be ideal in this price range. You'll find many of these homes offer the latest upgrades you are looking for and you are still about 10 to 15 minutes outside of the downtown area. Good schools, community recreation features, great outdoor space, and plenty of golf courses are available in this area.
Homes in the $400,000 and $500,000 Range
For homebuyers who can afford to pay $400,000 to $500,000 for a new home, you will find that Austin, TX offers stunning luxury estates in various regions of the city. The highest valued homes in Austin are not just downtown, though this is one of the best places to find ultra modern living. You can also look in to cities nearby such as Round Rock, Lakeway, Driftwood, and Lakeway.
Perhaps the highest-valued homes in the area are those in West Austin. Some properties actually run significantly higher than the $500,000 mark. You will find that these prestigious neighborhoods offer plenty of beautiful, rolling hills and lots of space. Often called Westlake, this region has some of the best schools in the region. This is where you'll find luxurious 5 bedroom estates.
Additionally, don't rule out the downtown area. Condos offer mostly one and two bedroom options, but you will find some 3-bedroom condos in the heart of the city. Downtown Austin will not only bring you more spacious homes, but what you will also find that this area is full of charming historic buildings dating back to the 1940s and 1960s.
With properties at any price range, Austin is a great place to start you search for a new home. There's something for everyone no matter which side of town you hope to live in.