Climbing The Property Pricing Ladder!

March 30, 2023

Every so often, a regular viewer of Pick5 will email me with his or her suggestion for a theme that I could incorporate in a future episode.

I love hearing from the viewers, by the way.  If you’ve ever thought of reaching out but didn’t want to bother, trust me when I say that your thoughts are welcome.

One such reader emailed me last week and said that it would be a fun experiment to see what a person can buy at various price points, starting lower and trending higher.

For example, what can a person buy at each of $1,000,000, $2,000,000, $3,000,000, $4,000,000, and $5,000,000?

It’s a great idea!  So great, in fact, that I decided to work with theme this week.  Except in today’s video, you’ll see what a person could purchase at each of $500,000, $1,000,000, $1,500,000, $2,000,000, and $2,500,000.

More to the point, we’ll look at properties that have sold so far in 2023, and I’ll pick one at each price point that I would consider if I were in the market.