How Far $400,000 Goes In America's Biggest Real Estate Markets: Trulia (PHOTOS)

We won't bore you with that all-too familiar real estate cliche that begins with the word "location" -- but suffice to say that home buyers across the nation face some very different options.

A few examples: A home buyer in foreclosure-addled Florida can get a home with a price that's advertised as being actually lower than 1999 levels. For the same price, the eager home shopper in New York City can get a studio apartment, albeit one in a building with a doorman, an art deco lobby and access to a roof terrace.

In the interest of seeing just how far your real estate dime goes in different cities across the country, we decided to compare similarly-priced home listings in major cities like Chicago, San Francisco, Seattle and Baltimore. Not surprisingly, there was a huge variation.

Courtesy of Trulia, one of the most comprehensive real estate sites one the web, below we've compiled some of the most appealing homes you can buy for $400,000 .

Which city offers the best value? Check out the homes below. And visit Trulia for more information on these and other homes.