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CNBC reports that $250,000 can yield homeowners very different types of living spaces, depending on what city they are shopping in.
For example, a $250,000 could secure a one-bedroom, one-bathroom co-op in New York City’s East Harlem neighborhood, while it could get 2,361-square-foot home in San Antonio, Texas. With the same amount, a buyer could also snag a 875-square-foot condo on Chicago’s near north side, or a 1,772-square-foot home in Phoenix.