The phrase denotes actual property properties at the moment listed available on the market with an asking value under $100,000, and situated inside an inexpensive proximity to the person conducting the search. This usually includes using on-line actual property portals or participating the companies of an area actual property agent to determine potential properties assembly these standards.
Availability of properties at this value level can supply an accessible entry level into homeownership for people and households with restricted monetary assets. Traditionally, such alternatives have been extra prevalent in areas with decrease prices of dwelling or in want of revitalization, providing a pathway to constructing fairness and establishing long-term monetary stability. The search displays a need for reasonably priced housing choices inside a particular geographic space.