What $500,000 buys you: East vs. West

June 17, 2019 - 1 min read

Talk to any real estate professional and you’ll soon realize the importance of location for home values.

Home prices can literally double by moving a few miles closer to a major city or big employer.

But how do home prices differ when comparing coasts? The answer might surprise you.

The Mortgage Reports teamed up with real estate agent and YouTube influencer Matt Leighton to compare what $500,000 gets you in Washington, D.C. compared to Seattle.

Let’s take a look.

West: Brand-new condo in super-hot Seattle

Listed at: $499,000


  • 1 bedroom
  • 600 square feet
  • $500/mo condo fee
  • Close to downtown Seattle in the popular Capitol Hill neighborhood
  • Corner unit
  • 2 killer outdoor decks w/breathtaking views of Seattle

East: Washington, D.C. condo in the heart of it all

Listed at: $535,000

  • 2 bedroom
  • 567 square feet
  • $440/mo condo fee
  • Northwest Washington D.C., close to shopping, entertainment and more
  • Vaulted cielings, natural light
  • Off-street parking

So, what do you think? If you had ultimate flexibility which coast would you live in? East or West?

Get ready to buy

If you’re in the market to buy a home, don’t delay. Rates are good and home prices are leveling off in many areas of the country.

Get pre-approved so you’re ready to pull the trigger when you find a property you love.

Time to make a move? Let us find the right mortgage for you

Tim Lucas
Authored By: Tim Lucas
The Mortgage Reports Editor
Tim Lucas spent 11 years in the mortgage industry before moving into the world of digital media. He's helped thousands of families buy and refinance real estate at banks and mortgage companies and now continues that mission through industry-leading content. Tim has been featured in national publications such as Time, U.S. News and World Report, MSN, Scotsman Guide, and more.