10 homes you can buy for $850,000
How much house can you buy for $850,000?
At more than four times the national median home value, which is currently $201,900 according to Zillow, these are homes and buildings where upgraded amenities are the norm. It's uncommon to find a home at this price point that doesn't have hardwood floors, stainless steel appliances and high-quality kitchen countertops. They also often come with spa-like master bathrooms, large guest suites and ample storage.
Of course, as usual with real estate, what you get at this price point depends entirely on the location. In midsize cities like Atlanta, $850,000 could buy 4,432 square feet and a professionally landscaped property. In larger metro areas like New York City, a buyer with that budget could find 750 square feet in a building with an elevator and a 24-hour doorman.
Click ahead to see 10 homes you can buy for $850,000 across the country.
Phoenix, Arizona
This four-bedroom, three-bathroom house in Paradise Valley, located just outside of Phoenix, is for sale for $850,000. It was built in 1986 and is about 57 percent more expensive than the area's median home value of $362,900.
Phoenix, Arizona
The 4,042-square-foot home has tiled floors, vaulted ceilings and a jetted tub. It also has a balcony, patio, hot tub and pool.
Chicago, Illinois
This four-bedroom, three-bathroom house in the Edison park neighborhood of Chicago is for sale for about $850,000. It was built in 2014 and is about 61 percent more expensive than the area's median home value of $329,800.
Chicago, Illinois
The 4,040-square-foot home has quartz countertops, hardwood floors and a walk-in closet in the master bedroom. There's a first floor bonus room, as well as an unfinished basement with the plumbing for an additional bathroom.
Columbus, Ohio
This two-bedroom, five-bathroom condo in downtown Columbus, Ohio, is for sale for $850,000. It was built in 2007 and is about 77 percent more expensive than the area's median home value of $197,800.
Columbus, Ohio
The 2,836-square-foot home has wood floors, a wine cellar, bar, multiple patios and guest quarters on the home's third floor. The home also includes a two-car garage and a garden with a fountain.
Los Angeles, California
This two-bedroom, two-bathroom condo in the Brentwood neighborhood of Los Angeles is for sale for $849,000. It last sold in March 2005 for $686,000, about 19 percent less than the current sale price. It was built in 1969 and costs slightly more than a third of the area's median home value, which Zillow says is currently $2,383,900.
Los Angeles, California
The 1,470-square-foot home has skylights, a balcony, a fireplace and hardwood floors. The master bedroom has a walk-in closet.
Minneapolis, Minnesota
This five-bedroom, 3.5-bathroom house in the Linden Hills neighborhood of Minneapolis is for sale for $850,000. It last sold in June 2015 for $250,000, about 71 percent less expensive than the current sale price. It's about 52 percent more expensive than the area's median home value of $407,200.
Minneapolis, Minnesota
The 3,377-square-foot home has a spa-like master bath and a walk-in closet in the master suite. It has hardwood floors, a fireplace and a partially fenced backyard.
Atlanta, Georgia
This four-bedroom, three-bathroom house in the Brandon neighborhood of Atlanta is for sale for $850,000. It last sold in June 2002 for $720,000, which is about 15 percent less expensive than the current price. It was built in 1958 and is about 13 percent less expensive than the area's median home value of $958,000.
Atlanta, Georgia
The 4,432-square-foot home has hardwood floors, a large kitchen with a breakfast bar and multiple fireplaces. The master bathroom has a tiled walk-in shower and a claw-foot tub. There's a circular driveway, two-car garage and the property has been professionally landscaped, according to the listing.
Austin, Texas
This four-bedroom, three-bathroom house in Austin, Texas, is for sale for $850,000. It was built in 1985 and is about 25 percent more expensive than the area's median home value of $640,500.
Austin, Texas
The 3,106-square-foot home has stainless steel appliances, multiple fireplaces and hardwood floors. The bathrooms have been "totally updated" according to the listing, and the home has new kitchen counters and a new deck that overlooks the wooded area surrounding the home.
New Orleans, Louisiana
This four-bedroom, 3.5-bathroom house in the East Riverside neighborhood of New Orleans is for sale for $849,000. It was built this year and is about 44 percent more expensive than the area's median home value of $478,200.
New Orleans, Louisiana
The 2,825-square-foot home has stainless steel kitchen appliances and granite countertops. There's a butler's pantry, wine cellar, covered back porch and guest suite in the home's lower level.
Boston, Massachusetts
This two-bedroom, two-bathroom condo in the Mattapan neighborhood of Boston is for sale for $849,000. The building was originally built in 1900, and the condo is about 10 percent more expensive than the area's median home value of $767,300.
Boston, Massachusetts
The 1,778-square-foot condo is part of a major renovation of a historic mill building. It has hardwood floors, white quartz countertops and a smart thermostat system. It comes with access to building amenities, including a fitness center, indoor pool, hot tub, pet playground and bike storage area.
New York, New York
This two-bedroom, one-bathroom condo in the New York City's Turtle Bay neighborhood is for sale for $850,000. It last sold in August 2014 for $670,000, about 21 percent less expensive than the current sale price. It was built in 1962 and is about 15 percent less expensive than the area's median home value of $997,400.
New York, New York
The 750-square-foot unit is currently being used as a convertible two-bedroom, but was originally a one-bedroom condo. It's in a building with a 24-hour doorman, an elevator and a laundry room.