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By TODAY real estate expert

Explainer: What you can get for $450,000 or less

  • Image: Laurie home

    Each week, TODAY real estate expert Barbara Corcoran looks around the U.S. to see what homebuyers can get for their money. This week she goes from California to New York in search of truly unique properties you can get for $450,000 or less.

  • Louisville, Ken., $409,950

    Image: Louisville home

    4 bedrooms, 4 baths

    This community is about 20 minutes east of downtown Louisville and has wide boulevards, pools, tennis and volleyball courts and nature trails. For golf fanatics, there’s also an Arnold Palmer championship golf course. This elegant home has impeccable landscaping. The backyard has a two-level wood deck and towering outdoor stone fireplace. There’s a sunny family room with treyed ceilings and access to the back deck. The dining room has wood floors, wainscoting and crown molding. The kitchen is nicely laid out with a granite-top island in the center adjoining dining area is flooded with sun from the double height Palladian window. The master bedroom has a sitting area, built-in bookcases, see-thru fireplace and “martini balcony.”

    To see the listing click here.

  • Laurie, Mo., $429,000

    Image: Missouri home

    3 bedrooms, 3 baths

    Laurie is a village in the heart of Missouri with a population of just 663. It’s about three hours west of St. Louis on the “lake of the Ozarks,” a popular lake resort with world-class boating, fishing and golfing, shopping and restaurants. This lakefront home is on a quiet cove with fantastic views. It’s neatly landscaped with a walkway straight down to the lake and dock. There are plenty of windows to take advantage of the water views. There’s a deck overlooking the lake that’s accessible from the living room. The kitchen has warm wood cabinets and a granite-top breakfast bar. The living room has a vaulted ceiling, a wall of windows and a huge stone fireplace.

    To see the listing click here.

  • Palm Springs, Calif., $429,000

    3 bedrooms, 3 baths

    Every February Palm Springs hosts “modernism week” with architecture tours, film screenings, symposiums and lectures. This year modernism week runs February 17 to 27, and this home would fit right in! It’s a country club home with a fairway location. There’s an angular pool out back and sweeping mountain views in just about every direction. There’s sculptural woodwork, black and white design, and gleaming white floors throughout. Both the living room and open dining room have sliding glass doors onto the back patio. The kitchen is open to the main living area and has built-in wine storage and breakfast bar. No photo was available.

    To see the listing, click here.

  • Montour Falls, N.Y., $449,000

    Image: Montour Falls home

    6 bedrooms, 3.5 baths

    Montour Falls is about 4.5 hours from New York City. It's in the heart of the Finger Lakes, wine country and Watkins Glen Park. This 1873 Victorian Italianate is currently a successful B&B. Besides the nearby falls and biking and walking trails, it’s just three miles from Watkins Glen International Raceway which hosts NASCAR events! The home has 10 to 12 foot ceilings, bay windows, a pergola and almost six acres of land. There are wood floors and welcoming fireplaces throughout. The big dining room has original fixtures and extra tall windows. The kitchen is a cook’s dream with huge cupboards, two fridges and a view of the falls.

    To see the listing click here.

  • Seattle, Wash., $449,900

    Image: Seattle home

    5 bedrooms, 3 baths

    This home is in a diverse community near the Seattle marina, just minutes from downtown and Lake Washington. It’s a unique Victorian duplex that has period details with modern updates. There’s a pretty cottage garden out front and a sunny porch with detailed wood trim. Inside there’s a two-bedroom, 1.75 baths upper floor and a two-bedroom, one bath main floor which can be rented out or converted back into a single house. There are fir wood floors, original woodwork and fireplaces and vintage fixtures throughout. Upstairs kitchen has painted tile counters and backsplash, tile floors, exposed beams, glass front cabinets and a sunny industrial garage door onto the deck. A thoroughly modern staircase bridges the hip upstairs and more tradition main floor. The attic is converted to a spa-like bath with skylights, stained glass and a sunken tub.

    To see the listing click here.

Video: What you can get for less than $450K

  1. Closed captioning of: What you can get for less than $450K

    >>> time now for "today's real estate ." great deals to be had on homes across the country. today, real estate expert barbara corcoran has us covered. good morning.

    >> good morning, al.

    >> we're starting off with a bang in palm springs , california. 429,000. some amazing mountain views.

    >> when you hear palm springs people think of warm pools and palm trees and this house helps with that reputation. it's a mid century modern home for people who love golf. it's right on the fairway. out back it's even prettier than the front with a pool, sweeping mountain views in just about every direction. there is woodwork throughout the house that's been designed with the house . it's got high impact . black and white design. not the thing i normally like, but i think it works in this house and gleaming white floors. sliding glass doors into the backyard. the kitchen is open, as you see, with the main living area. built in wine storage and breakfast area. the average temperature in the winter is 75 and in the summer it's 95 degrees. not a bad place to live.

    >> not a house for everybody.

    >> it's a house i see someone without children living there. a couple or single person. super modern and delicious to look at.

    >> in louisville, kentucky, a more traditional home . $410,000.

    >> the first kentucky derby was in 1875 and that's still the big deal in town, the run for the roses . this is a georgian colonial, a typical house for the area. it's the kind of house that would make your relatives think you have struck it rich. remember, it's only $409,000.

    >> love the fireplace in the backyard.

    >> that's the backyard. big mature trees, double story fireplace, beautiful furniture. who wouldn't sit out there and be comfortable? it has a sunny family room with beautiful woodworking. it's meticulous. you could just move in. in fact, i would say this house needs a few things on the counter. looks like nobody's living there. that's how neat these people are. the family room is adjacent to the kitchen . granite throughout the house . a nice glass cubed wall is beautiful in the family room . i think that's a nice hangout room and that's what they use it for. everything in the house is meticulous. it's $409,000.

    >> does the fireplace add to the value?

    >> it's dramatic. it impresses everybody. people pay extra.

    >> now to the pacific northwest . seattle, washington. we have a duplex for $450,000. i don't think we have had one.

    >> they are unusual. most towns don't allow them. this one has two kitchens, two living rooms, two of everything. it's readily convertible to a one-family house . it has a pretty cottage garden out front. detailed wood trim. an unusual staircase going up to the loft area which they use for the kids. beautiful gleaming wood floors. there is an upstairs kitchen painted with tile counters and a back splash.

    >> look at the garage door wall!

    >> i know. that's a spare kitchen in the house . it's just as nice as the other kitchen in the house . i like the exposed wood beams. you wouldn't know this is in the garage. but there it is. it's a modern house . very hip. there is nothing traditional inside. outside it's traditional in every way. this is a great house . look at the space in the living room .

    >> really cool. in missouri , we're going to lori, missouri . $429,000 to a lakefront property.

    >> i think there ought to be a song with lori, missouri . it's perfect. three hours west of st. louis with its own private cove and a walkway that leads to your own beautiful lake. that's a cute little house . i love the proportion. it's neat as a pin. the house has plenty of windows. every wall takes full advantage of the beautiful views. if you saw this peek, there is nothing behind, nothing in front and your very own dock with an open floor plan in the house . all the living areas on the entry level.

    >> look at the view.

    >> that's a beautiful working fireplace. a laundry room on the main floor which is a plus. gorgeous kitchen . beautiful cabinetry. this is a beautiful house .

    >> gorgeous. we have a property that's very different from the ones we have seen so far. this is $450,000 in new york.

    >> montor falls. what's great about this house is a drop dead view of the falls. there is the front of the house . looks like a storybook house . it's in the heart of the finger lakes in the wine country . great weekend house . besides the nearby walking and biking trails it's three miles from watkins glen which is a great ski area and international raceway. there is the view from the backyard.

    >> oh, my gosh!

    >> what's wrong with that? the town put in lights so you're looking at quiet lights all night long and you hear the rush of the waterfall in the backyard.

    >> so you have to go to the bathroom all night.

    >> only you would say that. al, you're terrible. this is terrible. all right. let's move on. i'm trying to save you.

    >> that's all we have.

    >> kitchen , windows. very nice drapes. they look like they have fallen down a little bit. i can't get over that

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