Minot Ranks Nationally for Low Housing Prices

What s the difference between living in Minot and living in Beverly Hills Well besides the dramatic weather change about 2 1 million dollars for what s considered an average home Clayton Clark has the story on a report that lists Minot as a very inexpensive place to own a home Clayton Clark KX News Why not Minot That s the phrase we give people to come visit or move to Minot North Dakota Well now there is a really good reason to move to Minot How about that it is the second most affordable place for housing in the country This is according to the 2007 Coldwell Banker Home Price Comparison Index Jim Gillespie CEO Coldwell Banker Corporation The HPCI is definitely a fantastic tool that the consumer can use The consumer has discovered the internet obviously and putting the HPCI on Coldwellbanker com just adds another feature to the wonderful things we have on our website that will help the consumer in this internet age Clayton Clark KX News But if we re number two then who is number one Killeen Texas that s who Just like Minot Killeen is home to a military base called Fort Hood which is a big reason why their city is so affordable Col Diane Battaglia Dir Public Affairs Fort Hood We have 77 of our families that live off the installation and that equates to about 25 000 people They deserve that quality housing at affordable prices and this community offers that to them Clayton Clark KX News And if you re wondering who is on top of the other side of the list well it s probably not a big surprise that Beverly HIlls California is the most expensive place to buy a house Sean O Donnell Beverly Hills Chamber of Commerce We have many wonderful entertainment agencies We have some of the premiere financial institutions and legal firms in the country here I think the families that come along with those businesses really enjoy not only the location but are really able to live a very luxurious lifestyle Clayton Clark KX News An average size house in Minot costs under 140 000 The same house in Beverly Hills costs you around 2 21 million And it seems a lot of places in California are very expensive to live The Golden State claims eight out of the top nine spots on the most expensive list So what does the future hold for Minot Scott Louser Prudential Preferred Properties Well we ve had an increase in new construction as well we do have a steady increase I would like to see it grow a little faster It would be nice to get out population to 50 000 people We re seeing a bit of a decrease in population in the farm community and those people seem to be moving to Minot So it should be helping our market in the next 5-10 years Clayton Clark KX News So next time you think about moving to Beverly Hills think again The warm weather may not be worth a couple of million dollars In Minot living comfortably Clayton Clark KX News The same report finds North Dakota is the most affordable state to live in