This Is How Much House $150,000 Buys You In Great Falls

Around 2005-2006, my husband and I bought an east side Great Falls home, 1,800 square feet, 3 bedrooms, 2 baths, double garage, for $111,000.  It was a nice house.  Nothing phenomenal, but I liked it a lot.  I'm making an uneducated guess here, but I'd say that home would sell in the $300,000-$400,000 range right now.  It's in a really good neighborhood.

I decided to go to Zillow and see what $150,000 in Great Falls buys you now.

Before I go into this rant, I mean article, I do realize that times change and prices rise.

Keep in mind Zippia says the average salary in Great Falls, as of June 29, 2023 is $37,000 a year or $17.79 an hour.

New Silver says that if you make $40,000 a year, you should look at homes between $100,000 and $160,000.  This home price is what the average Great Falls resident can afford.

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I CAN NOT Believe What I Saw

Home #1

This home is listed on Zillow for $150,000.  It has 3 bedrooms, 2 bathrooms and is 1,788 square feet.  What I found to be quite something is that Zillow has this home selling for $85,500 in 2018.  That sounds more along the right track to me, but what do I know?

When was the siding last replaced?  Nobody is taking care of the yard, there's no garage, but, at least it's grossly over priced.

Home #2

This beauty is listed on Zillow for $130,000.  It's got 735 square feet, 3 bedrooms and 1 bathroom.  Currently this rents for $1,100 a month.  (Can you EVEN believe that?) In 2018, the tax appraisal on this piece of property was $66,900.  That sounds about more what it's worth.

There are 3 bedrooms in this place?  Is one for a pet?  When was the last time something was fixed on the outside of this place? You know if the outside of the place is this bad, the inside must be quite a treat.

I don't have any other homes to feature because the rest of the places available in this price range are trailer houses.

The asking price on THIS is $70,000.  For the love of GOD.

Basically, I'm going to stop looking at homes for another couple of years.  I'd rather rent for the rest of my pathetic life than put my hard earned money into ANYTHING like I've featured today.