Comparing Homes: Belmont, Mass and Belmont, Miss

Belmont, Mississippi, located hard on the Alabama state line in the northeastern corner of the state, has everything you need for country living: wide open spaces, nearby lakes, cheap land and not that many people so you won’t feel crowded. There are barely 2,000 folks in this town – the entire school system has just over 1,500 students – with little in the way of industry in that part of Tishomingo County where the median income for a household in the town was $29,702, and the median income for a family was $37,639.

So what sort of house can you buy in Belmont, Mississippi and here, in the Bay State’s Belmont for the same amount?Frankly, it’s a bit more difficult than one would expect as many residential structures in “The Magnolia State” barely reach the lowest price for the most basic condo in the “Town of Homes.” But one does breach the minimum benchmark, and it’s the most expensive house on the market in 38827 zip code.

For approximately $685,000, you get a lot in Belmont, Mississippi: a lakefront farmhouse at 23 Country Road 76 which overlooks a stocked six acre spring-fed lake (one of four ponds on the property) on 160 acres of land. That’s a quarter square mile! The single-story main building is 3,400 sq.-ft. with five beds, three-and-a-half bath with a stone fireplace, cathedral ceiling and a large eat-in kitchen. The house also has a typical Southern semi wrap-around porch along with an oversized double garage. “Lots of Deer and Turkey on this land also. Hunt and Fish and Garden on you very own Property!!!”

Here in Belmont, Mass., for $679,000, the buyer can purchase a 65-year-old Garrison-styled Colonial at 24 Eliot Rd., a whopping 1,418 sq.-ft. with seven rooms, three beds and one-and-a-half baths. You also get a one car attached garage that includes a breezeway as well as additional parking for two in the driveway. As for water, you will only be a few hundred feet from other Little Pond and Clay Pit Pond (although you will need to cross the MBTA tracks to get to Clay Pit). You will have land out back, just a hundredth of the size you’d get down south.