Where You Can Find the Cheapest Mansions

Where You Can Find the Cheapest Mansions

Where You Can Find the Cheapest Mansions

Where You Can Find the Cheapest Mansions

For home shoppers looking to live in a mansion, they’ll find their money stretches the most in Arkansas. Home shoppers pay a median of $63 per square foot in the state, and the median cost of an 8,000-square-foot mansion is $504,000.

Consumers who like big homes will find that mansions—homes of at least 8,000 square feet—are significantly more affordable in some parts of the country than others.

GOBankingRates crunched realtor.com® data to compile a list of states where mansions cost the least by factoring in the state median price per square foot. Here are some of the best places to score a mansion for the cheapest price:

1. Arkansas

  • Price per square foot: $63
  • Price of 8,000-square-foot mansion: $504,000

2. Mississippi

  • Price per square foot: $64
  • Price of 8,000-square-foot mansion: $512,000

3. South Dakota

  • Price per square foot: $67
  • Price of 8,000-square-foot mansion: $536,000

4. Indiana

  • Price per square foot: $68
  • Price of 8,000-square-foot mansion: $544,000

5. West Virginia

  • Price per square foot: $68
  • Price of 8,000-square-foot mansion: $544,000

6. Alabama

  • Price per square foot: $69
  • Price of 8,000-square-foot mansion: $552,000

7. Tennessee

  • Price per square foot: $69
  • Price of 8,000-square-foot mansion: $552,000

8. Michigan

  • Price per square foot: $70
  • Price of 8,000-square-foot mansion: $560,000

9. Wisconsin

  • Price per square foot: $71
  • Price of 8,000-square-foot mansion: $568,000

10. Kansas

  • Price per square foot: $72
  • Price of 8,000-square-foot mansion: $576,000

View the full top 20 list.

Source: “States Where Living Luxuriously Will Cost You the Least,” GoBankingRates.com (Nov. 16, 2017)