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Where’s the best place to own a home? Some would say near a Zabar’s on Manhattan’s Upper West Side. Others prefer living on a beach. Yet others want a mountaintop. SmartAsset, however, went looking for the best spots to live based on economics. Here’s what it found:
In order to find the best states for homeowners, we looked at nine metrics. Specifically, we looked at average price per square foot, the one-year percent change in value per square foot, foreclosures per 10,000 homes, average effective property tax rate, median annual property taxes, average closing costs, average homeowners insurance and the burglary rate. Check out our data and methodology section below to see where we got our data and how we put it together.
