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By TODAY real estate expert

Explainer: What you can get for $200,000 or less

  • Image: Tennessee 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 Arizona to Alabama in search of truly unique properties you can get for $200,000 or less.

  • Phoenix, Arizona — $150,000

    Image: Arizona home

    3 bedrooms, 2 baths

    Phoenix is America’s sunniest city w/over 300 days of sunshine a year! This house is on a quiet cul de sac bordered by a gorgeous greenbelt. At more than 1,500 square feet it breaks down to a bargain $96 a square foot! It’s landscaped with easy care lacy desert trees and flowering shrubs. It has high ceilings, an open floor plan and arched passageways. The family room has plush carpeting, art and plant ledges and plenty of room for comfy furniture and a media wall. The dining room has big bay windows and tall ceilings. The kitchen has a double window over the sink, bleached oak cabinets, granite counters and a breakfast bar. The master bedroom has plush carpets, sunny windows, tall ceilings and walk-in closets. There’s a sparkling pool out back.

    Click here to see the listing.

  • Saginaw, Michigan — $179,900

    Image: Michigan home

    3 bedrooms, 3 baths

    Saginaw, like most of the country, is buried under snow right now, but the locals seem to love it! Ice fishing is popular here on the Saginaw River. This classic home is centrally located to schools, shopping and public transportation. It has a huge front lawn, pretty shutters, lamppost and a welcoming doorway. The cozy living room has a gas fireplace. The dining room would look brighter and bigger with white walls instead of burgundy. The kitchen opens into the family room and has a breakfast bar and sunny window over the sink. The backyard has a private patio, perennial landscaping a great big lawn!

    Click here to see the listing.

  • Mission, Kansas — $185,000

    Image: Kansas home

    3 bedrooms, 2.5 baths

    Mission is a small town just eight miles from downtown Kansas City. It’s full of a diverse mix of friendly people and the main street is lined with mom-and-pop stores and a bakery that’s also the local hangout. This storybook home is 1.5 stories with a dormer — or attic — bedroom on top. The living room has hardwood floors and a pretty fireplace. The dining room has hardwood floors and big, sunny windows. The open kitchen has new cork floors, white cabinets and appliances and a long breakfast bar. The family room has cork floors, a vaulted ceiling and French doors onto the deck. The backyard is as charming as the front with a wood deck and mature trees.

    Click here to see the listing.

  • Murfreesboro, Tennessee — $189,900

    Image: Tennessee home

    3 bedrooms, 2 baths

    Murfreesboro is 35 miles southeast of Nashville. This is a deed restricted pool community with underground utilities. This spic and span brick home is beautifully landscaped. There are new, energy efficient windows throughout. Living room has a vaulted ceiling, a big window and 2-sided fireplace it shares with the kitchen. The kitchen has wood floors, handmade cabinets, an island and a sunny breakfast area. There’s a cozy family room with a barrel ceiling. The beautiful backyard has a privacy fence and gravel patio.

    Click here to see the listing.

  • Tuscumbia, Alabama — $196,900

    Image: Alabama home

    3 bedrooms, 2 baths

    Tuscumbia is right next to muscle shoals and just 45 minutes from Decatur. This cheery yellow house has classic shutters and columns on its big front porch. There’s an open floor plan, gleaming wood floors and wood trim throughout. Living room flows into the formal dining room which has built in art ledges and recessed lighting. The kitchen has all white cabinets and appliances and new fixtures. The open den and kitchen have beamed ceilings with a fireplace in the den and semi-circular breakfast bar in the kitchen. There’s a covered deck out back overlooking the sparkling blue pool.

    Click here to see the listing.

Video: Great homes under $200,000

  1. Closed captioning of: Great homes under $200,000

    >>> this morning on "today's real estate," what you can get for less than $200,000. barbara corcoran is here with great homes from alabama to arizona. good to see you.

    >> good morning. they are all inexpensive today.

    >> a 1500 - square foot home in phoenix, three bedrooms at $150,000.

    >> i'm sure you know it is america's sunniest city with 300 days of sunshine a year. this house is on a quiet cul-de-sac landscaped with easy care flowering shrubs and desert trees. 1500 square feet . the price breaks down to $96 a foot. here is a great shot of the living room . the family room has plush carpeting. the dining room has a big bay window. the kitchen has double windows over the synch, granite counters and a breakfast bar. this is a nice spacious master bedroom . that's the best part of the house , a sparkling pool. behind it there is a wide green belt that borders the house .

    >> what's that?

    >> a plot of land from the city, maintained by the city that you get to use for free.

    >> nice. your own park.

    >> it is. it increases the value of the home having that in the backyard.

    >> now to saginaw, michigan. three-bedroom home at $179,000 home.

    >> sagaway is buried in the snow like everyone else. they charge out to the big saginaw lake. that's a classic home with a huge lawn, pretty shutters, lamp post and a welcoming front door. the living room has a gas fireplace oversized window. it's a pretty blue they painted there. makes it look cozy. there is the dining room . the table cloth would be better at a restaurant. never take a shot of a dining room with a tablecloth.

    >> what about the wallpaper?

    >> it should go. not just because of the paper but no one relates to your taste in wallpaper. always paint the walls. never have wallpaper up when selling a house . a great shot of a kitchen no one could object to. a private fenced in backyard. it's a perfect area for small children. there's the rest of the yard with the trees at attention around the perimeter.

    >> cool. now to mission, kansas. another three-bedroom home priced at $185,000 eight miles from downtown kansas city .

    >> this is a storybook house from the outside. what's great is this town is lined with mom and pop stores. goes with the house . the same two brothers have owned the local gas station for 60 years. volunteer fire department . that's the kind of town to give you the right context. there is the living room . i like the corner window in the left wall. makes a big difference in the fireplace wall. there is a wallpapered dining room . that wallpaper is charming. no one's going to relate to your wallpaper. it should come off. new cork floors in the kitchen . white cabinets. there is a long breakfast bar and the backyard, i think, is just the right size deck surrounded by mature trees with shade.

    >> it's got a dormer room. what is that?

    >> you punch through the roof and make added space. it has sloped ceilings.

    >> now to tennessee, murfreesboro.

    >> this is a spic-n-span house . energy efficient windows newly put in throughout the house . a family room with vaulted ceilings. you can't see how high they go. they have a big window and a two-sided fireplace it shares with the kitchen . the kitchen has wood floors, hand made cabinets. the pink cabinets, odd choice of color, but hand made. there is the upstairs, cozy family room with a barrel ceiling and the dining room has wood floors and plenty of light. steps going down into the backyard. it's a beautiful backyard. perfect as the rest of the house . it's meticulous. they must spend the weekend taking care of the property.

    >> it shows it. to alabama, we have a three-bedroom home priced at $196,900.

    >> this is next to mussels shoals where aretha franklin , the rolling stones each recorded their best-selling albums. this is an open floor plan . a gleaming, pretty house . very traditional. inside it surprises you because it's wide open with lots of windows. all the rooms are connected. i like the use of the red paint which you will see in the kitchen . it warms up the kitchen nicely with all the white cabinetry. it's open, all the fixtures new. that is a study. rarely do studies look good. that's a study anybody could enjoy. out back there is a quiet backyard and your giant deck and your own private pool. remember the price. it's $196,000.

    >> nice. barbara corcoran, thank you very much. for more head

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