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What You Can Get for $1 Million

by Kate Ashford
Thursday, February 19, 2009
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Here's what a million would have bought you recently in six major metro areas: three where prices have risen the most in the past year and three where they've tanked.

Hot Markets

Tulsa - Up 3%

tulsa_1_mil.jpg
Courtesy: Tulsa Real Estate

A pool with spa and cabana? Check. Fireplaces? Not one but four. Plus a covered stone patio, a four-car garage and a gym.

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Sale price: $1,000,000
Town: Tulsa
Bedrooms: 4
Taxes: $11,718
Square feet: 6,613
Lot size: 0.8 acres

Rochester, N.Y. - Up 2%

rochester_1_mil.jpg
Courtesy: Remax Plus

Right on Lake Ontario, this unusual property includes a historic colonial house, a carriage house and a real lighthouse.

Sale price: $1,050,000
Town: Hilton
Bedrooms: 3
Taxes: $13,905
Square feet: 3,000
Lot size: 1.2 acres

Raleigh, N.C. - Up 2%

raleigh_1_mil.jpg
Courtesy: Coldware Banker Howard Perry & Walston

It's spanking new and deluxe all the way, from the butler's pantry with wine cooler to the spacious screened porch and patio.

Sale price: $1,009,800
Town: Cary
Bedrooms: 4
Taxes: $8,378
Square feet: 4,728
Lot size: 0.3 acres


Cold Markets

Riverside, Calif. - Down 26%

riverside_1_mil.jpg
Courtesy: Coldware Banker Armstrong Properties

Listed for $1.4 million, this house (which has two master suites, a pool, hot tub, fire pit and gazebo) took six months to sell.

Sale price: $925,000
Town: Riverside
Bedrooms: 4
Taxes: $9,250
Square feet: 4,996
Lot size: 0.5 acres

Las Vegas - Down 22%

las_vegas_1_mil.jpg
Courtesy: Dyson & Dyson Sotheby's International

In a gated country club about 20 minutes from the Strip, this five-year-old house has views of the golf course and mountains.

Sale price: $985,000
Town: Las Vegas
Bedrooms: 4
Taxes: $8,625
Square feet: 4,113
Lot size: 0.2 acres

Miami - Down 20%

miami_1_mil.jpg
Courtesy: Tomlinson Realty Group

Amenities include not only a swimming pool but also a dock on Biscayne Bay complete with two boat lifts and a jet-ski lift.

Sale price: $985,000
Town: Miami
Bedrooms: 4
Taxes: $11,925
Square feet: 2,848
Lot size: 0.2 acres

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