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Springfield, Missouri |
October 30, 2003 |
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SPRINGFIELD
HOUSING MARKET ONE OF THE
MOST AFFORDABLE IN THE U.S. |
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Home values in Springfield are among the strongest in the nation,
according to a price comparison calculated by national real estate
firm Coldwell Banker. The study
analyzed more than 300 U.S. metro areas for the value of a
2,200-square-foot home with four bedrooms and 2 1/2 baths. The
single-family dwelling was located in a neighborhood typical for
mid-level executives.
The Springfield home was $34,000 less
than a comparable home in St. Louis and Kansas City and $1.2 million
less than in the most expensive market, La Jolla, CA.
The table below shows the value of a
$250,000 Springfield home if purchased in other locations across the
country. |
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| Springfield, MO |
$
250,000 |
| Kansas City, MO |
$ 308,824 |
| Madison, WI |
$
333,333 |
| Cincinnati, OH |
$
352,941 |
| Dallas, TX |
$
367,647 |
| Atlanta, GA |
$
436,275 |
| Denver, CO |
$
455,882 |
| Minneapolis, MN |
$
519,608 |
| Philadelphia,
PA |
$
750,000 |
| Chicago, IL |
$
980,392 |
| San Jose, CA |
$
1,034,314 |
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Visit us at
www.business4springfield.com for additional information
regarding developments and data on the Springfield area. |
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If you can not read
all of this email please visit this web address
www.business4springfield.com/news |
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