What type of house you can buy in Baltimore

According to Zillow.com, the average home value index in Baltimore is $118,400.

 That’s an increased value of 5.2% in the past year. There’s no denying that home value in Baltimore is on the rise.

 Discover what type of property your budget can buy you.

 Properties in Baltimore

There are a whole number of properties available on the market in Baltimore, so whether you are on a tight budget, or you have a little extra cash to flash, you’ll be sure to find a property to suit your needs.

The median price of homes in Baltimore is currently around $159,998, whilst the median price of homes that is sold is $118,300. Renting in Baltimore costs around $1,350 per calendar month.

Baltimore on a Budget

If you are looking to buy a home in Baltimore but you have a tight budget, there are many options available.

Some are smaller houses but what you lack in size, you can more than makeup for in personality on the inside. And there are a number of ways you can make your place feel bigger.

You can make a room feel bigger by choosing light or dark colors to give a room depth. Another way you can optimize a small space is by ensuring it has a lot of light. Natural light works best, but artificial light can also help make a room feel bigger. (Source: https://www.sweetesthome.com.au)

You can purchase a two-bed property, complete with one bathroom and street parking for around $100,000. This price typically gets you a place of just under 1000 square foot.

Different neighborhoods and different properties offer different prices, so make sure you shop around and find a property that is right for you and your budget.

If you are on a really tight budget, the best place to look for a home might be auction, as you can get a house for cheaper here.

When buying on auction make sure you do all the necessary checks before buying, as some properties might require a lot of work, which in the long term will cost you more.

Baltimore With Extra Cash

If your buying budget is higher then you can get a whole range of properties, often they come with more square footage and more rooms.

For around $500,000 you can get a townhouse with 3 bedrooms and 3 bathrooms, with 4,000 square foot. Or for around $500,000 you can buy a house with 6 bedrooms, with around 3,000 square foot. 

Around the $1 million mark, you can find luxury properties in Baltimore that offer large houses and townhouses situated in sought-after locations. These properties often have around 3-6 bedrooms and come with anything up to 6,000 square foot.  

Buy in Baltimore

Baltimore has a wide range of properties available, from studios, to flats, to townhouses, to houses. So whatever you are looking for and whatever your budget is, you can be sure that you will find the perfect home in Baltimore.