Finding cheap abandoned houses can be an exciting yet daunting task. Here are the best states to explore for such properties.
1. Ohio
Ohio is known for its affordable housing market. Cities like Cleveland and Toledo have many abandoned properties, often priced below market value.
2. Michigan
With its economic decline, many areas in Michigan feature a plethora of abandoned homes, especially in Detroit.
3. Indiana
Indiana offers many opportunities for finding cheap abandoned houses, particularly in cities like Indianapolis and Gary.
4. Pennsylvania
Pennsylvania has a significant number of abandoned properties, especially in cities such as Pittsburgh and Philadelphia.
5. West Virginia
Known for its low property prices, West Virginia is an excellent state to find abandoned homes.
6. Illinois
Chicago has a large number of abandoned houses due to the economic downturn, making it a hotspot for cheap properties.
7. Texas
While Texas has an overall strong real estate market, certain areas like Detroit and some rural parts offer affordable abandoned homes.
Q&A Section
- Q: Why are there so many abandoned houses in these states? A: Economic decline, migration, and population decrease contribute to high numbers of abandoned properties.
- Q: How can I find these abandoned houses? A: You can use online real estate platforms, visit local auctions, or contact local government offices for information.
- Q: What are the risks of buying an abandoned house? A: Risks include unseen damage, structural issues, and potential legal complications.
Statistics Overview
State | Average Price of Abandoned Houses | City with Most Listings |
---|---|---|
Ohio | $30,000 | Cleveland |
Michigan | $25,000 | Detroit |
Indiana | $35,000 | Indianapolis |
Pennsylvania | $40,000 | Pittsburgh |
West Virginia | $20,000 | Charleston |
Illinois | $45,000 | Chicago |
Texas | $50,000 | Dallas |
Simple Mind Map
- Cheap Abandoned Houses
- States
- Ohio
- Michigan
- Indiana
- Pennsylvania
- West Virginia
- Illinois
- Texas