Last Updated Jun 15, 2011 3:44 PM EDT
The four-bedroom, two-bathroom single-family home has been called "aspirational" by real estate industry leaders such as Jim Gillespie, the Chief Executive Officer of Coldwell Banker Real Estate LLC. The idea of a nuclear family living in one dwelling is a post-industrial norm that most of us take for granted. However, the rise of the single-family home was tied to an increase in modern living standards, and ownership has become a particular feature of the much vaunted "American Dream."
It's with this premise in mind that Coldwell Banker released its Home Listing Report (HLR) this week, a survey of average listing prices for four-bedroom, two-bathroom homes in more than 2,300 North American markets. The report has all sorts of fascinating numbers and statistics, but among the highlights is a index of the most affordable real estate housing markets. Using the example of the four-bedroom, two-bathroom single-family home as the yardstick, the report uses the average listing price for the period between September 2010 and March 2011 to compile its list.
So without further ado, here, with accompanying images of sample properties that match each locale's price points, are the Top Ten Most Affordable Spots for Family Homes. All images are provided courtesy of Coldwell Banker unless stated otherwise: