That doesn't mean it was the local equivalent of a $400k home. Local marketplace matters. Near me, within the same 10-mile radius, that house would cost between $800k to $5M depending on the specific location, but I'd say $400k would be the absolute floor on price just about anywhere in the US.

Yea, my house is a 10th of that probably and it's a 500k home in the PNW. That home looks very well built, upper upper middle "at best"