Each week, TODAY's real estate expert Barbara Corcoran, looks around the U.S. to see what homebuyers can get for their money.
This week’s search goes from Michigan to Alabama in search of wonderful properties for less than $200,000. Check out the links to the homes below.
Nashville, Tenn. — $159,900
This classic three-bed, two-bath ranch home features a unique brick and stone facade. Inside, you'll find an open floor plan with hardwood floors. The kitchen could use some updating.
Grand Rapids, Mich. — $189,900
This three-bed, 1.5-bath, two-story stately home built in 1926 has a tiled floor entry, brick fireplace, hardwood floors and original woodwork. The home is roomy enough to include an office or library space.
Omaha, Neb. — $193,900
Look what you can get for under $200,000 — four bedrooms and 3.5 baths! Omaha is a family-friendly city, which has annual events, parks, walking trails and open spaces. The home is beautifully landscaped and inside there's a sunny dining room, breakfast bar - even a "man cave" with a bar!
Florence, Ala. — $199,900
If you're a history buff, you may like living in a Victorian home that's on the National Historic Registry. The exterior is painted in a cheerful yellow, with a classic front porch. The interior features original hardwood floors, transom windows, three bedrooms and two baths.
TODAY real estate contributor Barbara Corcoran continues her home tour across the country and tells viewers what she found for under $200,000.


How do I get my home shown on the Friday version of Homes for sale under $200,000. ? It's a Log home on over 10 acres, in northcentral Wisconsin, near Merrill, at $179,700. Currently listed with First Weber, MLS # 1005010. I can't remember a Wisconsin home being shown in some time. Thanks for looking. Dolores
...and, here are homes that you can buy for under $15,000:
http://viableopposition.blogspot.com/2010/12/flint-city-in-crisis.html
Flint, Michigan has hundreds of homes for sale at prices that are lower than that of a modest used car.
Do not forget to mention that 'these' homes are in black 'hoods, 'hoods where the residents will steal the siding to sell for scrap, 'hoods where no one is safe day or night, 'hoods where ther is nothing to offer any person of any race who wants anything better than gang life and violence! If a person buys one of these properties they can NOT fix them up and 'flip' them. They also can not live there. The denizens of these 'hoods will certainly strip them of their wiring and piping for scrap, squat there until they are once again condemmed then burn them. Shiiit, who in their right mind is interested in one of these?
While I usually enjoy this segment of the show, I was very disappointed today. Ms. Corcoran, like so many real estate agents, obviously knows nothing about historic preservation, yet has no problem perpetuating untruths. First of all, the home she dubbed a "Craftsman" is not, but that is a minor issue. The real issues are calling the National Register of Historic Places the "registry" and claiming that you cannot change a property that is on it. The National RegistER is not a list of wedding or baby gifts. It is an invaluable inventory of places important in American history. It is absolutely not true that an owner of a historic property cannot alter it. If this were true, there wouldn't be any of the popular adaptive reuse developments which have taken over so many of America's downtowns. While it is true that there might be some limitations on what an owner could do, these limitations are not unlike those imposed by design review boards in most communities. The idea that a property owner of a non-historic property can do whatever they want, and that therefore owning a historic property is a greater liability, is a myth, as anyone who has ever been subject to design review knows. Further, owning a historic property often comes with incentives, such as zoning variances and tax breaks. It all depends on your state and municipality. As a historic preservation consultant, I would really appreciate it if real estate agents would stop giving their clients incorrect or bad advice about the subject.
how depressing! in this my price range, I would have to live in these places! are thereeven any jobs there that would permi one to make mortgage payments?? And never, ever would I wan to live in Alabama!
She missed Texas completely. Dallas, Austin and Houston are all fabulous corporate centers with major universities, hospitals and cultural opportunities ... and in all three cities you can find fabulous new homes for less than $165,000.
Too bad there aren't places i'd actually WANT to live posted. Places are expensive for a reason...
Nashville and Omaha have lots of jobs that pay enough. Learn a little about the U.S. sometime.
Under $200K puts you in the part of town with next door neighbors who have the F350 dually's parked out in the street & barbecue on their front porches. Not to mention, you're probably buying a home a few years old that will need thousands in paint, siding, hot water heater, HVAC issues, carpeting, and designs from when Charlie's Angels was on primetime. Some have that 'lived-in' odor as well...
WastingtonDC: We have three listing books full of retirement farms in Va, WVa, Tenn, Florida, et al, growing now for three years, as we prepare to swap our Northern Va home, 17 minutes from the White House, at rush hour, for 25 to 50 acres with one to three homes, in case we need them, for our extended family, guests, caregivers. We certainly need immediate investment diversity, away from wall street promises and toward farms that are ranging about one half of the asking values we saw, five years ago, in many locations. We are planning on real estate trips, in the spring, to dozens of such farms offered at $125K to $239K with up to 80 acres, and several houses. Deep value farm lands, with surface water and the ability to grow all that you hope to eat while China's driving us into hyperinflation, with helicopter Ben's active aid, are not just a good idea, for when the food trucks stop arriving in the WastingtonDC: metro area. It is an absolute necessity, for those planning to endure and prosper, whatever comes. And, by the way, abamination politicians, hope is not a plan. We favor 80 acres located between two National Forests, with it's land adjacent to one National Forest's border. It has a dozen listing pictures showing enough deer and turkey to prevent having to keep domestic stock beyond a milk cow for the grandkids, and the chickens that offer unlimited daily eggs, the other white meat, and entertainment for the children like that I enjoyed at my grandparents small holder farm, from WWII thru Korea, during my early years.
You do need to check out Wisconsin. The northern part , if you locate near to major cities, has good healthcare, reasonable prices for well maintained properties, good growing seasons, lots of wildlife, and most of all , friendly people. Also lots of lakes and parks for recreation, and good winter skiing, and snowmobiling.
Bend, Oregon is another excellent location. Over 3,000 homes for sale, half of those are foreclosures. Bend was totally overbuilt by speculators. Unemployment is high, but home prices are low. Move to Bend for the climate, health care, to retire, just don't expect to find a job.
How about homes for under $100,000? I saw a home in move-in condition for asking price of $89K. Trouble is I own the house two doors down that I bought for $72K at the top of the housing bubble. Look in central WV. These homes are great for retirees. Just don't invite locals to stay in your home, because under WV law they can become permanent residents in your home and then you have to go to court to evict them.
There are no MC clubs in the neighborhood and the ethnic makeup is 97% European-American. Unemployment is high.
How about an affordable home in the Northeast, such as New Jersey? Where you might be able to get a job?