Properties at $60K and Under

There is an upside to the seriously deflated real estate market we are in nationwide. Simply put, it is a buyer’s market. It may take two to three years but home prices will eventually rise again. For first time buyers, now is the time to buy “up”; you’ll be able to buy a much nicer house for your money now than you could just a few years ago. Real estate investors are sitting on a gold mine if they have the patience to wait out the slump.

Many homes for sale today cost no more than a new automobile. With that thought in mind, House Hunt decided to look at homes that cost about the same as a souped-up 2012 four-door pick-up truck or a nice SUV—at approximately $50,000 and under.

This week’s House Hunt featured homes range in price from $40,000 for a charming one-bedroom bungalow on Victoria Landing Drive in Woodstock to a three-bedroom home on Hillcrest Lane in Holly Springs for $58,000.

Click through the image gallery to preview the featured homes. Descriptions, prices and need-to-know information are listed with each photograph.