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In some places, half a million bucks will land you—well, maybe not a palace, but definitely a four-bedroom pad with plenty of room to relax and maybe even a stunning lake view. In the priciest markets, though, $500,000 is merely starter-home money—and you’d be lucky to find one.
Ready to step up to the half-million mark? Take a look at how amenities and sizes vary by region, from a waterfront perch in Portland, OR, to a home on the shore of a 10-acre lake in Houston.
2051 N. Jantzen Ave, Portland, ORSquare footage: 1,692
Bedrooms: 3
Bathrooms: 3
Amenities worth $500K: Nature lovers will love this home hugging the Columbia River. Budding chefs will swoon over the kitchen’s butcher block counters and thoughtful use of space. The upper deck is perfect for writers, artists, or coffee sippers. And because this 1940 beauty has been fully modernized, all that’s left is to move in.
2051 N. Jantzen Ave., Portland, OR
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3965 La Cresenta Rd, El Sobrante, CASquare footage: 1,779
Bedrooms: 3
Bathrooms: 3
Amenities worth $500K: Here’s our entrant from the ultrapricey San Francisco Bay Area, although you won’t find anything decent in San Francisco at this price. Across the bay and 21 miles to the northeast, El Sobrante offers more value. Despite its average-looking exterior, this East Bay home built in the late ’40s has plenty of space. There’s a sun deck with views, an attached garage, and a basement-level family room. Two more reasons to love this house: the natural lighting (thanks to high ceilings) and open-layout kitchen.
3965 La Cresenta Rd., El Sobrante, CA
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3402 Softrain, San Antonio, TXSquare footage: 3,335
Bedrooms: 4
Bathrooms: 4
Amenities worth $500K: This 24-year-old custom home features luxe amenities, including quartz countertops and a Jenn-Air stovetop in the kitchen, and arched windows in many of the rooms. Golfers will enjoy the backyard putting green. There’s also a pool out back to help ease the hot San Antonio summers.
3402 Softrain, San Antonio, TX
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8919 Lakeshore Bend Dr, Houston, TXSquare footage: 2,700
Bedrooms: 4
Bathrooms: 4
Amenities worth $500K: The backyard is a 10-acre lake! The new buyer will enjoy water views from most rooms and the third-story deck. A two-level patio is perfect for hosting barbecues. An open-concept kitchen, dining room, and living room are designed for entertaining, and exposed-grain wood flooring throughout evokes a beach house charm.
8919 Lakeshore Bend Dr., Houston, TX
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5416 W. Ardmore Ave, Chicago, ILSquare footage: 1,950
Bedrooms: 4
Bathrooms: 3
Amenities worth $500K: This adorable 94-year-old bungalow comes with a three-car garage (a rare city perk) and a finished basement. Next door you’ll find a golf course and a forest preserve. For home cooks, it doesn’t get much better than the updated kitchen with its granite countertops.
5416 W. Ardmore Ave., Chicago, IL
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548 Woodruff Place East Dr, Indianapolis, INSquare footage: 5,334
Bedrooms: 4
Bathrooms: 4
Amenities worth $500K: Located in the desirable Woodruff Place, a neighborhood noted for its historic homes, this Victorian is fresh off a renovation. The recent work means the new owner will get classic craftsmanship (original woodwork, including the grand staircase and first-floor window seat, fireplaces, and stained-glass windows) and contemporary living (chef’s kitchen and huge master closet).
548 Woodruff Place East Dr., Indianapolis, IN
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444 Poplar St, Philadelphia, PASquare footage: 1,831
Bedrooms: 3
Bathrooms: 3
Amenities worth $500K: This four-story home in Northern Liberties still has room to grow—the basement is partly finished. There’s a roof deck to take in the skyline, plus a second deck to experience the outdoors. The home’s many large windows draw in natural light, and the kitchen has been updated with quartz countertops, stainless-steel appliances, and a custom backsplash.
444 Poplar St., Philadelphia, PA
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5871 NE 21st Dr, Fort Lauderdale, FLSquare footage: 1,695
Bedrooms: 3
Bathrooms: 2
Amenities worth $500K: You can enjoy Mid-Century Modern design with this home 4 miles from the beach. Built in 1961, the home has been updated and has a new roof, bathroom, and landscaping. Two more pluses: a new kitchen and spacious closets in all the bedrooms.
5871 NE 21st Dr. Fort Lauderdale, FL
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