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Washington town sold online, what else can $360,000 buy?

Wauconda, WA sold

793344a5fea4b2b445c371400e5fcf55When the town of Wauconda, Washington was placed for sale on Ebay, the internet was all atwitter. Although it is not the first city sold through Ebay (a Texas town and several California towns have sold online), its closing this month is big news, namely because of the sales price.

Land owner Daphne Fletcher purchased the 4-acre town that features a restaurant, a small store, a gas pump, a four bedroom house and an entire zip code all to itself, for only $180,000 in 2007. In 2008, Fletcher attempted to sell the town for $1.1 million to no avail and placed it on Ebay with a reserve bid of $359,000 and received over 100 bids although many bids were fake but the winning bidders, Maddie and Neal Love who plan on using the town as their homestead.

What else can $360,000 buy?

Most real estate transactions for $360,000 don’t buy the entire zip code or multiple commercial properties along with a house, but we thought it would be interesting to check out $360,000 buys you in other parts of the country.

Check out this 3/2 condo on Puget Sound (in WA):
puget sound real estate listing

Take a look at what $360,000 can get you in Austin, TX… 3,405 sf!
austin, tx listing

For that amount in Las Vegas, you can get an oversized house AND half an acre.
vegas real estate

Perhaps a swanky condo in Charlotte, NC is more your pace?
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For $360,000, you can purchase a 2/1 in Flushing, NY.
19a8f8fcacd5118e76a7a23fe8355a8e

Maybe you’re looking for a Miami ocean front 3 bedroom condo?
357f06448088f80a531004e14783e4be

An open layout condo in Kansas City, MO can be found for $360,000.
ee660597544e4edb720fcdefe22b7c44

What does $360,000 buy in your market? Does it buy a town or does it buy a 1980s duplex?

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Tara Steele is the News Director at The American Genius, covering entrepreneur, real estate, technology news and everything in between. If you'd like to reach Tara with a question, comment, press release or hot news tip, simply click the link below.

7 Comments

7 Comments

  1. Erica Ramus

    April 21, 2010 at 9:54 pm

    In our area, where average home sale is $100,000 (barely) you can get an executive level home with granite or corian kitchen, 4-5 bedrooms on at least 1 acre and views for miles.

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