A, B, C, D property ranges
I realize that the classification of A, B, C, or D properties discussed in this forum are basic rules of thumb, and can certainly vary by location, quality, age, etc. However, I am interested in getting others perspective on a dollar figure for their area or even in general.
In Oklahoma, Missouri, Texas, Arkansas and Louisiana and probably much the Midwest (excluding higher density metropolitan or destinations), I would suspect it to be somewhere around the following:
A - $150,000+
B - $60,000 to 150,000
C - $25,000 to $80,000
D - $5,000 to $30,000
Most Popular Reply
I was under the impression that it has more to do with crime and the people in the area and less to do with price. I could be wrong.
I've been using a definition like this:
A The kind of neighborhood you live in or would like to live in.
B A nice working class area
C A little sketchy. Lots of Section 8 renters and property crime.
D War zone. Murders, rapes, robberies. Boarded up ghetto.
I could be wrong on this. If anyone else can chime in, please do. Steve Babiak had a link a while back talking about this.