The Priciest Houses in the Cheapest Towns

  • Homes for the Wealthiest Family in Town

    A few weeks ago MainStreet looked at some of the least expensive homes available in 10 of the most expensive zip codes in the country. Flipping that coin on its head, this week we’ll look at a few of the most expensive properties available in some of the country’s least expensive real estate markets as determined by City-Data.com. While the majority of the most expensive zip codes in the U.S. are concentrated on the East and West Coasts, many of the least expensive areas to purchase a home are in the South and Midwest, where median home prices can be less than $100,000. Photo Credit: Getty Images
    Denison, Texas
  • Denison, Texas

    According to City-Data.com, in 2008 the estimated median value of a home or condo in Denison, Texas – just over an hour north of Dallas – was $38,843. Sure enough it’s not difficult to find a nice house in Denison for well under a hundred grand, however, due to Denison’s proximity to scenic Lake Texoma, the area isn’t exactly a stranger to high priced real estate either. One upper end property, a large, lake front log and stone home is currently listed with a whopping $3,200,000 asking price, almost 10 times the local median. Photo Credit: George Piper / ERA Steve Cook & Co.
    Denison, Texas (cont.)
  • Denison, Texas (cont.)

    Constructed of huge hand-peeled logs, Austin stone, plaster walls and a copper roof, the sturdy and sprawling residence sits on 2.3 park-like and lake front acres, has 7,800 sq. ft. of interior space on three floors plus another 2,500 sq. ft of covered decks, and includes 4 bedrooms and 4.5 bathrooms. Photo Credit: George Piper / ERA Steve Cook & Co.
    Denison, Texas (cont.)
  • Denison, Texas (cont.)

    The rustic but luxurious interior spaces include a formal living room with hardwood floors, a soaring vaulted ceiling with exposed log beams and trusses, hand laid stacked stone walls, a massive fireplace, one of three in the house and a tall wall of glass with panoramic views of the lake. Photo Credit: George Piper / ERA Steve Cook & Co.
    Denison, Texas (cont.)
  • Denison, Texas (cont.)

    The more casual spaces include a colossal gourmet kitchen with custom cabinetry, granite counter tops, an “L” shaped breakfast counter, and an adjacent family room that opens onto one of the many terraces that overlook Lake Texoma. There is also a 4-season porch with flagstone flooring and a timbered ceiling, and a vast recreation room with media area, pool table and built in wet bar. Photo Credit: George Piper / ERA Steve Cook & Co.
    Denison, Texas (cont.)
  • Denison, Texas (cont.)

    In addition to the 4 bedrooms, there is a bunkhouse bedroom with built-in bunk beds for unexpected guests or children. An energy efficient and cost saving geothermal system heats and cools the house. Photo Credit: George Piper / ERA Steve Cook & Co.
    Denison, Texas (cont.)
  • Denison, Texas (cont.)

    In addition to the expansive grounds dotted with totem poles and bushes carved into animal shapes, the property has a spa building, built in fire pit on the bluffs edge, a private stairway to a protected cove where there are two boat moorings that could be converted to a floating boathouse. Photo Credit: George Piper / ERA Steve Cook & Co.
    Pine Bluff, Ark.
  • Pine Bluff, Ark.

    Pine Bluff, Ark., an hour south of Little Rock, has a population of around 50,000 and, according to City-Data.com, a 2008 estimated median house value of around $75,000. For 10 times the median house value, a well to do Pine Bluffian can purchase a 6,700 square foot 2-story traditional with 5 bedrooms, 4 full and 3 half bathrooms, a separate guest house, and in-ground swimming pool with an adjacent cabana/pool house. Photo Credit: Marilyn Huffman / First Realty Group, Inc.
    Coolidge, Ariz.
  • Coolidge, Ariz.

    Coolidge, Ariz., named for the 30th president of the United States and home to the Casa Grande Ruins National Monument, had an estimated median house value of just over $120,000 in 2008 making most homes affordable to the average Coolidger. At $1,500,00, a 5 bedroom and 4 bathroom home on 4.4 acres, is well over 10 times more expensive than the average house in Coolidge. Photo Credit: Russ Lyon Sotheby’s International Realty
    Coolidge, Ariz. (cont.)
  • Coolidge, Ariz. (cont.)

    The single story home’s interior spaces include high ceilings, marble floors, a cook’s kitchen with two work islands and commercial grade appliances, media room, wine cellar, and an exercise room with sauna. The grounds include a swimming pool and spa, gardens and orchards, several outbuildings, room for horses, a private lake and views of the Coolidge countryside. Photo Credit: Russ Lyon Sotheby’s International Realty
    Augusta, Ga.
  • Augusta, Ga.

    The historic city of Augusta, Ga., hugs the scenic Savannah River and in the affluent neighborhood of Summerville (locally referred to as “The Hill”) a stately Italianate mansion built in 1926 can be had for $1,400,000. That’s 14-times the estimated median value of a typical house in Augusta in 2008 according to City-Data.com. Photo Credit: Beverly Tanenbaum / Blanchard and Calhoun
    Augusta, Ga. (cont.)
  • Augusta, Ga. (cont.)

    The elegant and dignified 6,300 square foot mansion has 5 bedrooms, 4.5 bathrooms and huge public rooms for entertaining on a large scale. In addition to the traditional parlor there is a large living room, formal dining room, and a sun porch surrounded on three sides by French doors with fanlights. There is also gourmet eat-in kitchen, a gigantic butler’s pantry with glass-fronted cabinetry, and a full finished third floor with a bedroom and recreation room. Photo Credit: Beverly Tanenbaum / Blanchard and Calhoun
    Augusta, Ga. (cont.)
  • Augusta, Ga. (cont.)

    The 1.45-acre estate includes a gated drive and massive motor court at the front of the house, an in-ground swimming pool at the back, expansive lawns, and a detached three car garage with a 1 bedroom and 1 bathroom carriage house above perfect for guests, a home office or live-in staff. Photo Credit: Beverly Tanenbaum / Blanchard and Calhoun
    Dayton, Ohio
  • Dayton, Ohio

    Urban areas tend to be more expensive than rural areas. One exception would be Dayton, Ohio, where according to City-Data.com, the estimated median house price was just $81,500 in 2008. For $1,500,000, almost 20 times the median, more financially fortunate Daytonians can buy a deluxe 8,000 sq. ft. house on 1.3 landscaped acres. Photo Credit: Denise Swick / Re/Max Central Properties
    Dayton, Ohio (cont.)
  • Dayton, Ohio (cont.)

    The 6 bedroom and 4.5 bathroom house includes two master suites, one on the main level and one on the fully finished walk out lower level. The formal living room has double height ceilings and the large and well equipped kitchen is open to the family room with coffered ceilings and a full wall of custom built-in cabinetry. The lower level contains a staff suite, a recreation room with wet bar, a gamer room and a small media room. The property has a state of the art security system with video recording and a hidden in-wall safe. Photo Credit: Denise Swick / Re/Max Central Properties
    Dayton, Ohio (cont.)
  • Dayton, Ohio (cont.)

    A wide terrace on the main floors is connected to the backyard and outdoor living areas by a staircase that leads down to the swimming pool, built-in barbecue center, meandering pathways and a man-made babbling brook. Photo Credit: Denise Swick / Re/Max Central Properties
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