Newly-built home prices are also quite reasonable. The June 2005 median sale
price of all newly-built single-family homes in the Wichita metro area was
$148,575. That's more than $66,000 or 31% below the corresponding national
figure of $214,800. The average sale price of newly-built homes with the
following specifications was $284,834 in the first quarter 2005 ACCRA Cost-of-Living
Survey. Wichita's price was more than $29,000 or 10.6% lower than the national average
price of $278,186.
Specs: 2,400 sq. ft. newly site-built single-family brick one-story multi-level,
central air, gas heat, three carpeted bedrooms, two full baths, living-dining room,
kitchen with built-in cabinets and cooking island, family room, hardwood floors,
fireplace, utility room, finished basement, attached two-car garage on an 8,000 sq.
ft. lot in a desirable subdivision.
Kansas allows personal
exemptions of $2,250 for each personal exemption allowed
under federal income tax laws. An additional exemption
is allowed in Kansas if you file as head of household
on a federal return.
