Asking since I live in the Midwest and I rent currently so I have no clue. Doesn't have to be the biggest house in the best school district. Preferably < 1 hour commute.
I bought a 2 bed 2 bath condo when my TC was 160. Seattle area.
I’d try Redfin for this one since it’s more up to date
Define what starter home means to you? Some folks buy a 500k starter condo. Others first home is a 4m 2500 square foot house.
Expect to spend around $500k to start (Seattle)
In Bay Area I don’t think you can find anything under $1M anymore.
Not true. You can definitely find condos less than one million in South Bay
200k tc would be sufficient to comfortably afford an avg house in no so good school district. Bay Area.
Bought my first condo at 115k TC in the Bay Area.
So many variables. Use Redfin or Zillow, map out the places you see near where you want to live or close to work. Figure out how much your expenses are, how much you want to save then multiple by 1.3 for taxes then that’s the total comp. I should really ask this question on an interview and see if people can do math.
Median home price in San Jose is ~1M. 200K TC should be enough to buy one with 200K down.
For how many people?
Haha 2 and a dog