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How Far $1 Million Goes In America's Real Estate Markets: Trulia (PHOTOS)

First Posted: 8/23/10 12:00 PM ET   Updated: 5/25/11 06:25 PM ET

Home buyers with $1 million to spend: are you location-blind? If so, here's a collection of million-dollar properties in cities around the country.

We've already shown you what $400,000 will get you in major American metro areas. Now check out what $1 million buys in cities like New York, Scottsdale, Arizona and Honolulu. The options range from a five-bedroom abode with a covered porch that overlooks a golf course and a master suite with two large walk-in closets to a Hawaiian beach front condo.

Courtesy of Trulia, one of the most comprehensive real estate sites one the web, below we've compiled some of the most appealing properties you can buy for $1 million.

Want to see what $1 million will get you in Bend, Oregon compared to what $1 million buys in Providence, Rhode Island? See below, and visit Trulia for more information on these and other homes:


Honolulu, Hawaii: $999,999
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This oceanfront apartment has three bedrooms and 2.5 bathrooms. It is located in the neighborhood of Kahala and also includes two parking stalls.

See more Honolulu real estate.

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Home buyers with $1 million to spend: are you location-blind? If so, here's a collection of million-dollar properties in cities around the country. We've already shown you what $400,000 will get you ...
Home buyers with $1 million to spend: are you location-blind? If so, here's a collection of million-dollar properties in cities around the country. We've already shown you what $400,000 will get you ...
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HUFFPOST SUPER USER
jabailo
(Participant) Texeme.Construct()
10:12 PM on 09/05/2010
None of these "mansions" looks any different from a condo ($130,000) or 3 bedroom house ($250,000-­$350,000) that I can find, brand new, here in Kent, Washington­.
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HUFFPOST SUPER USER
brettrobbins
01:48 AM on 08/31/2010
A million-do­llar-house­-gawking session in the midst of an economic depression­. Not judging, just describing­.
This user has chosen to opt out of the Badges program
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07:43 PM on 08/25/2010
This housing crisis is not going to be resolved until realtors get real about pricing homes and the banks take the losses that THEY need to take on the houses that they overvalued in the first place. The owners need to face the fact that if they bought at the top of the market, they are going to take a loss also. Nobody is guaranteed a profit on their property. It is an investment just like the stock market.
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HUFFPOST SUPER USER
rsheeran
Beware them both, and all of their degree
04:54 PM on 08/25/2010
I got a live-in cardboard box that I can put in the driveway of anyone of those places for nothing. Who needs $1 million dollars?
12:11 AM on 08/24/2010
I'm a little short on cash right now. Got anything to show for two-hundre­d and fifty dollars?
11:49 PM on 08/23/2010
why would anyone want to live in beverly hills? if you're going to spend over $1 million live near the water.
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HUFFPOST SUPER USER
Imhotep40
He who comes in peace
11:38 PM on 08/23/2010
Arlington, VA was hideous . . .
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HUFFPOST COMMUNITY MODERATOR
anova9
11:48 PM on 08/23/2010
I've been there recently, and it is STILL hideous!
This user has chosen to opt out of the Badges program
11:31 PM on 08/23/2010
They forget to mention that the Co-Op fees (maintenan­ce and real-estat­e taxes) on a 1MM apartment in NYC will run you upwards of 2-3K per month on top of your mortgage.
This user has chosen to opt out of the Badges program
11:36 PM on 08/23/2010
Oops, I was wrong. That ugly pink NYC atrocity will only set you back $1525 a month in maintenanc­e (18,300/ye­ar) on top of your $6762 Mortgage (with 20% down). Screw that.
11:22 PM on 08/23/2010
Thanks HuffPost..­....Now show me nice stuff that $100,000 can buy. That would impress me.
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11:07 PM on 08/23/2010
who would pay 1M for a home in AL? That OR home was really nice.
HUFFPOST SUPER USER
Jesse P. Steinberg
est un habitant.
10:13 PM on 08/23/2010
1 million can go a long way in Miami now days.
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HUFFPOST SUPER USER
Freedom Rush
freedom is the oxygen of the soul
09:47 PM on 08/23/2010
This is going to sound a bit snooty, but 1 mil doesn't seem to buy much.
09:47 PM on 08/23/2010
That place in Arkansas was ugly.
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07:45 PM on 08/25/2010
Pretentiou­s is more descriptiv­e.
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GravitonX
10^300 bosons could care less.
09:45 PM on 08/23/2010
Little secret: Most buying at that level have inherited either all or most of the cost.
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HUFFPOST SUPER USER
SilentSolidarity
So what do you need? Besides a miracle.
09:29 PM on 08/23/2010
In fact, everyone can easily be a millionair­e. Just don't ever buy and use a car. It is estimated that the average Americans spends $1 million on everything a car needs including the car itself. Another way is to invest in stocks. I know, that might sound insane now, but you have to think. There will be a day when the economy will start to recover. We are talking about more than 30% growth of your dividends per year. YES, if you invest say $ 10,000, you will have another $3000 every year or $30,000 by the end of the decade.

Hmmm. Oceanfront apartment in Hawaii, fine home on the mainland or a mansion in states with low population­? Hard..
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HUFFPOST COMMUNITY MODERATOR
anova9
11:47 PM on 08/23/2010
Let's say "everyone" makes an average of $50K for a 40-year career, actually well above average. That is a total of $2 million over a lifetime, and I doubt anyone spends half their gross income on cars.
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HUFFPOST SUPER USER
SilentSolidarity
So what do you need? Besides a miracle.
11:56 PM on 08/23/2010
My bad. True. http://www­.pfblog.co­m/archives­/1513_aver­age_lifeti­me_spendin­g_on_cars_­240000_or_­more.shtml

It's $240,000 - $350,000. That's quite a lot of money.