What Can You Buy For $950,000?

Last Updated May 10, 2010 12:14 PM EDT

"What Can You Buy" is a series that looks at what type of house and amenities you can get for a particular price point in various locations across the U.S. Be sure to check out each of the posts in the series: What Can You Buy For $625,000?, What Can You Buy For $250,000?, What Can You Buy for $35,000? and What Else Can You Buy for $35,000?
With a price tag hovering just below a million dollars, you might be expecting a mansion, but some of these $950,000 houses aren't quite what you'd expect. See how much bang you get for that amount of buck across the country.

How much can you buy for $950,000 in Madison, Mississippi?

100 Deer Haven Dr, Madison, MS 39110
On the larger side, this four bedroom four bathroom country home boasts 4,600 square feet and is
located on 5 acres. There are great views of the lake (fishing, anyone?) from the swimming pool and large covered balcony and screened porch.

Amenities include a shower and whirlpool tub in every bathroom, a billiards room and a wine closet. The property also comes with a boat house, equipped with a full outdoor kitchen.

Let's just say this is a perfect summer vacation home.

How much can you buy for $950,000 in Bradley Beach, NJ?

124 Lake Terrance, Bradley Beach, NJ 07720
Only two bedrooms and one and a half bath in this 2,025 square foot single family home. Custom built and located on Fletcher Lake, the house is only one block from the beach. The kitchen has a large island, granite counter tops and a smoke mirrored backsplash. It's a bit dated, but there's fresh (white) paint throughout the house.

At least you don't really have to worry about mowing the yard.

How much can you buy for $950,000 in Parker, Colorado?

5349 Grand Fir Way, Parker, CO 80134

This property may be more what you might be expecting when you consider the price tag, it's basically a castle. Currently bank-owned, this never lived in four and a half bedroom, four bathroom, 4,755 square foot home was built in 2007, although it looks straight out of a fairy tale. It's so new, it doesn't even show up on Google maps! (Scroll down to see the Google map.)

The views aren't bad either, the house sits on .35 acres and you can see plenty of mountains and trees.

Check out this house on Zillow if only for the picture of the winding, spiral staircase.

How much can you buy for $950,000 in Chicago?

1325 N State Pkway, Apt 18A, Chicago, IL 60610
You aren't going to find any mini-castles like the one above in Chicago. For the same price tag you can get a three-bedroom, two-bathroom condo on a great block in a very nice building. The corner unit of this Gold Coast property offers some decent views of the city and lake. At 2,630 square feet it's decently spacious.


Oak hardwood floors, crown molding and a granite kitchen help ease the blow of such a high price, and a steam shower in the master bath doesn't hurt either.

The building also has a 24-hour doorman.

How much can you buy for $950,000 in San Francisco?

1160 Mission St, San Francisco, CA 94103
San Francisco is one of my all-time favorite cities and for $950,000 you can live at the top.

Two bedrooms plus a den and two bathrooms highlight this top floor condo. The gorgeous, modern kitchen includes stainless Bosch appliances, island, and Studio Becker cabinetry.

This 1,000 square foot penthouse home includes hardwood floors and plenty of windows to enjoy the views from any angle.

Does the penthouse lifestyle seem worth nearly one million dollars to you?

What's for sale for this price in your part of town?

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Ilyce R. Glink is the author of several books, including 100 Questions Every First-Time Home Buyer Should Ask and Buy, Close, Move In!. She blogs about money and real estate at ThinkGlink.com.
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    Ilyce R. Glink is an award-winning, nationally syndicated columnist, best-selling book author, and radio talk show host who also hosts "Expert Real Estate Tips," a Internet video show. She owns ThinkGlink.com as well as Think Glink Media, a privately held company that provides consulting, content and video services to companies and non-profit organizations.

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