Since I've only grossed over $30,000 a year a couple of times in my life, I think I'm qualified to answer that.
The home I live in is around 1800 square feet...originally built in 1973 as a FmHA-spec 3 BR home in a rural subdivision. The previous owner added a family room/dining room addition across the entire back of the house sometime in the late 1980's.
I bought the house in 1994 for $55,000. Since then, I've had vinyl replacement windows and vinyl siding installed, and the insurance company replaced the entire roof [hail damage] in 2003. I replaced the [original] furnace in 1996 or '97.
In 2004, when I refinanced at a fixed 5.37% rate, the house appraised at $94,000.
So THAT'S what kind of house someone making $20K-$30K can afford.
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Today's Featured Article - 12-Volt Conversions for 4-Cylinder Ford 2000 & 4000 Tractors - by Tommy Duvall. After two summers of having to park my old 1964 model 4000 gas 4 cyl. on a hill just in case the 6 volt system, for whatever reason, would not crank her, I decided to try the 12 volt conversion. After some research of convert or not, I decided to go ahead, the main reason being that this tractor was a working tractor, not a show tractor (yet). I did keep everything I replaced for the day I do want to restore her to showroom condition.
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