Seattle vs. Miami: What $1.1M Buys You in Two Very Different Real Estate Markets

seattle and miami real estate Left: 3019 31st Ave W in Seattle. Right: 16564 SW 153rd Ct in Miami. (Windermere/Lifestyle International Realty)

If you’ve got about $1.1 million to spend on a home, the lifestyle you get can look drastically different depending on whether you land in Seattle or Miami.

In Seattle’s Magnolia neighborhood, that price point buys a classic early-1900s home with modern updates and a tight-knit, residential feel. In Miami, the same budget stretches into a larger property with more land, a pool, and room to spread out.

Here’s how the two stack up.

Seattle

In Seattle, a home at 3019 31st Ave W is listed for $1,199,000. The property offers three bedrooms, two bathrooms, and 2,329 square feet of living space on a 7,679-square-foot lot.

Built in 1900, the home blends historic charm with recent upgrades, including a remodeled kitchen and bathrooms, new hardwood floors, updated systems, and a new roof.

The layout keeps all three bedrooms on one level, a setup that appeals to many buyers looking for convenience. Natural light fills the living spaces, and the kitchen is designed for both everyday use and entertaining, complete with high-end appliances and a wine fridge.

Outside, the oversized lot includes a sport court and space for gatherings, with additional potential in an unfinished basement and room to build a detached office or accessory dwelling unit.

The home sits close to Magnolia Village, Mounger Pool, and local schools, placing it firmly in one of Seattle’s more established residential pockets.

The 2024 property tax bill for the home is $10,842.

Click here to view the complete listing on Zillow.

Miami

Across the country in Miami, a home at 16564 SW 153rd Ct is listed for $1,195,000. The property features four bedrooms, two bathrooms, and 2,592 square feet of living space on a significantly larger 0.71-acre lot.

Built in 1989, the home leans into a more expansive, indoor-outdoor lifestyle. The property includes a pool and spa, along with a large patio designed for entertaining. Located on a cul-de-sac in the Stonewood neighborhood, the home offers added privacy and space for a boat or RV.

Inside, the layout includes two primary suites — one upstairs with a private sun deck and another downstairs that could serve as an in-law setup. Accordion shutters and large living areas add to the home’s functionality, while the oversized lot provides flexibility for future upgrades or additions.

The 2024 property tax bill for this home is $5,415.

Click here to view the complete listing on Zillow.

Broader Market Trends

Seattle’s median home sale price typically hovers around the mid-to-high $800,000s, driven by limited inventory and strong demand near job centers. Miami’s median sits closer to the mid-$500,000s, allowing buyers to get more space for their money, particularly outside the urban core.

In simple terms, Seattle’s $1.1 million tends to buy location, walkability, and character. Miami’s version leans toward square footage, land, and a more resort-style setup.

Both offer their own version of the dream — it just depends whether you picture yourself sipping coffee in a cozy, tree-lined neighborhood or lounging poolside under the sun.

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