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It really depends. I bought my house for $70k 5 years ago. It's a small lake cottage on about a half acre that was repossessed by the government. It's worth around $200k now but a good portion of that growth is due to the fact that I bought it at such a low price because it needed work and hadn't been lived in for several years.
Now, if you want to know the typical price of a newly constructed 4 bedroom house in my area it would be between $300 and $400k.
Entry level homes (pre owned with 2 or 3 bedrooms with 1 to 1 1/2 baths) are around $180k.
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Strive to be more curious than ignorant.
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