What Home $500,000 Gets You in Lubbock vs. Los Angeles [Photos]
Previously we looked at what home $500,000 can get you in Lubbock vs. Dallas. Now we're looking at Lubbock vs. Los Angeles.
When I compared the Lubbock and Dallas homes, it was fairly easy to find comparable homes. I made sure they had the same number of bedrooms and bathrooms, and that they were a similar distance from downtown or the nearest airport.
Unfortunately, the differences between Lubbock and Los Angeles are so extreme that I couldn’t find many comparable properties. With that in mind, I sought out two homes that were both within the $500,000 range. The comparison that I was able to make is that the homes were either built within the past 10 years or newly renovated within that time.
That said, the comparisons really stop there. Los Angeles is an extremely expensive city, especially compared to Lubbock, so you will pay much more for a much smaller home. This is demonstrated perfectly by two listings I found on Zillow.
Take a look at the difference between a Los Angeles home and a Lubbock home that are both on sale for $500,000: