Well, we went digging in our listings database, and we turned up some pretty cool digs for that price tag. Of course, it depends on where you're looking. If you're in New York City -- the most expensive real estate market in the country -- then half a mil will only get you a one-bedroom apartment, albeit a cute one on one of Manhattan's priciest avenues.
If you've got $500,000 to spend on a hip new house, then click through the gallery to see what you can get for the money. And if you don't live in one of the markets mentioned, then find a home for sale in your area here.
Gallery: What $500,000 Buys You