A ten years in the past, $400,000 could buy a lot of dwelling in Rhode Island.

Want four bedrooms, three bathrooms, a solarium and a backyard with a built-in fireplace pit? 

No difficulty, even if you wanted it all in Newport or on the East Side of Providence.    

Now, your selections are considerably limited.

You can uncover a great deal of flooring area and acreage in Burrillville if you will not thoughts wildlife and driving.

Increase and bust in Narragansett:Warm housing market place hides a inhabitants plunge

And there are chances to come to be a landlord in Providence for a lot less than $400,000.

Nearer to the ocean, $400,000 might get you a rental or some empty land. 

On the vibrant aspect for potential prospective buyers, soon after months of surging, pandemic-fueled demand from customers for home and frenzied bidding wars, many serious estate brokers report a calmer mood.

By Lela