I
n northern Michigan, $500,000 can yield vastly different results in the real estate market. What was once a guarantee of a grand mansion now depends on location and local conditions. In some areas, this price tag might secure a modern home with ample acreage and water access. Conversely, it could mean an older, more modest property in a highly sought-after neighborhood.

    This week's Northern Express publication takes a closer look at homes priced around $500,000 across several counties in the region. Staff curated listings to provide a snapshot of what this price point offers, from rural Otsego County to downtown Traverse City. The Northern Express is available online or as a free print edition at over 650 locations throughout northern Michigan's 13 counties.