I only paid 80,000.. and its like 5 years old. The month before someone was paying $118,000.
I'm up 30 to 40K on my house. Vegas is like buying in 1935.
I don't know where YOU live, but where I live you couldn't even buy a doghouse for $105,000. A one-car garage would cost $250,000 without the house or land. If you want the house, that's another million $$$ or more for a 50 year old "fixer-upper."
In Vegas priced dropped to 1980 prices. You can buy a 4 bedroom/ 3 bath home for 76,000 fairly new, within 5 years Also. 2 stories and 2 car garages.