House Hunting? Here’s What A $400,000 Budget Buys You, From Downtown To The Suburbs

Did you know that home values in Central Ohio have appreciated by 9% in the last year alone? 

Yeah, I didn’t, either. But real estate experts are anticipating another increase of almost 7% in the coming year as well. So while $400,000 is still a hell of a lot of money, for those of us who may be ready to sell a “starter home” or move out of a certain tax district, the equity in your current home could increase your budget.  Substantially.  And for all of you ballers with that kind of cash for your first home? Just think about the return on that investment in another few years 😎.

1088 Beacon Alley

Practically new townhouse in prime Italian Village location just around the corner from Fox in the Snow, Seventh Son, + two blocks from all High Street/Short North has to offer! Quality, high end finishes throughout this two bed, two a half bath bath condo w/ attached one car garage. Completely tax abated another 13 years. via Keller Williams

Neighborhood/Community: Italian Village
Specs: 2 bed, 2.5 bathrooms, 1178 sq feet
Price: $399,900
Things We Love: The finished basement, for an extension of the living space. Also? That subway tile in the kitchen is 👌

via Keller Williams
via Keller Williams

334 Wetmore Rd

Upgraded & remodeled 4 bedroom, 2-1/2 bath cape cod w/a finished basement! via ERA Real Solutions Realty

Neighborhood/Community: Clintonville/Beechwold
Specs: 4 beds, 2.5 bathrooms, 2,064 square feet
Price: $400,000
Things We Love: All of the natural light, along with charming original finishes, like those baseboards!

via ERA Real Solutions Realty
via ERA Real Solutions Realty

811 Montrose Ave

Beautiful 3 Bedroom home in South Bexley with contemporary updates including open layout, updated kitchen, remodeled bathrooms, new windows and siding, and new exterior doors. It offers a wood burning fireplace and hardwood floors. A remodeled front porch provides the perfect place to sit and enjoy the neighborhood. Bexley Schools. This home is located close to Capital University near the shops and restaurants on Main Street. via Best Corporate Real Estate

Neighborhood/Community: South Bexley
Specs:3 bedrooms, 2 bathrooms, 1192 sq feet
Things We Love: Recently updated, light, bright & airy. Plus, walkable to Brassica and Harvest.

via Best Corporate Real Estate
via Best Corporate Real Estate

1378 Fairway Drive

Spacious 1 owner M/I Homes built 5 level split with 5 bedrooms, 2 master suites, 3.5 baths, huge open great room, 1st floor den/study, spacious kitchen with island cabinet, breakfast nook, formal dining room, second floor loft and large bonus room over garage, plenty of basement storage, 3 car side-load garage, large corner lot, full front porch and more! via HER Realtors

Neighborhood/Community: Grove City
Specs: 5 bed, 3.5 bath, 3763 sq feet
Price: $389,900
Things We Love: So spacious, plus the vaulted ceilings add the illusion of even more space. And, just think about having a cup of coffee (okay, fine, a glass of wine) on that front porch.

HER Realtors
HER Realtors

242 Thurman Ave

German Village Cape Cod with fully updated kitchen and first floor laundry within steps to Schiller Park and local shops and restaurants. Original hardwood trim and flooring throughout, walk-in master closet, and beautifully landscaped back yard. Custom eat-in kitchen island is perfect for entertaining and the large front porch is great for enjoying the vibrant neighborhood.” via Coldwell Banker

Neighborhood/Community: German Village
Specs: 3 bedrooms, 2 bathrooms, 1820 sq feet
Price: $389,900
Things We Love: The stained glass, the molding, the updated kitchen, not to mention the dedicated laundry space. I’m ready to move in now.

via Coldwell Banker
via Coldwell Banker

127 N Franklin St

Beautiful Brick circa 1850 offers an apartment which can be accessed from the main house or independently. Impressive lot with gracefully sloping back yard adorned with stunning gardens, ornamental trees and a gracious brick patio. Stunning kitchen (main house) fully remodeled in 2013 includes quartz, new appliances, wine cooler, exposed brick and access to the amazing screened porch. via HER Realtors

Neighborhood/Community: Delaware
Specs: 4 bedrooms, 3 bathrooms, 3,344 sq feet
Price: $375,000
Things We Love: All the original charm with the convenience of modern updates. That stainless steel farmhouse sink is giving me life.

via HER Realtors
via HER Realtors

3258 Walkerview Dr

Situated in the peaceful & sought-after community of Lakewood, this home is an entertainer’s dream, boasting a huge open-concept island kitchen, great room with fireplace, formal dining room, & huge family room! High-end 42” kitchen cabinets, granite counters, tile floors, & luxury stainless appliances. Huge master with en suite that is complete with soaker tub & 2 master closets. Loads of closet & storage space throughout the home. via Fathom Realty

Neighborhood/Community: Hilliard
Specs: 4 bedrooms, 2.5 bathrooms, 3,213 sq feet
Price: $400,000
Things We Love: The master suite. I’ve never seen anything like it, with the raised soaker tub and private office access.

via Fathom Realty
via Fathom Realty

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