Think $1M buys you a mansion?
Think again — depending on where you live, $1,000,000 either gets you a private pickleball court and pool cabana or a parking spot with walls.
We decided to do a side-by-side breakdown of what $1M buys you in three markets: Oklahoma City, Dallas, and Los Angeles. Get ready to laugh, gasp, and maybe question why anyone still lives in California.
Oklahoma City – Where $1M Buys You a Lifestyle
Price Point: $1,000,000
Average Size: 4,000–5,000 sq. ft.
Typical Features:
-
4–5 bedrooms, 4+ baths
-
3-car garage (sometimes more)
-
Outdoor living area with fireplace
-
Pool + hot tub
-
Large lot, often ½ acre to 1 acre
-
Bonus/game room, home office, wine storage
Translation: In OKC, $1M buys you the whole lifestyle — gated community, lush landscaping, maybe even a private golf cart path. You can still host 20 people for Thanksgiving and have room left over for a ping-pong table.
Dallas – Where $1M Buys You Nice, But Not Crazy
Price Point: $1,000,000
Average Size: 3,000–3,500 sq. ft.
Typical Features:
-
3–4 bedrooms, 3 baths
-
2-car garage
-
Smallish yard (sometimes just a patio)
-
Neighborhood HOA pool (if you’re lucky)
-
Nice finishes, but you might still remodel the kitchen
Translation: In Dallas, $1M means you live in a great neighborhood, but you’re probably staring at your neighbor’s kitchen window from your kitchen window. You may or may not have a pool — and if you do, it’s roughly the size of a large hot tub.
Los Angeles – Where $1M Buys You… Walls
Price Point: $1,000,000
Average Size: 700–1,200 sq. ft.
Typical Features:
-
2 bedrooms (sometimes 1), 1–2 baths
-
No garage — street parking if you’re lucky
-
Yard = a 5x10 strip of grass
-
Kitchen that doubles as a hallway
Translation: In LA, $1M might get you a “bungalow with character” — meaning the pipes are from 1956 and the bathroom sink tilts slightly to the left. You’ll still need $50K for renovations just to make it livable. But hey — you’re 10 minutes from a juice bar and can name-drop “The Hills” as your neighborhood.
The Visual (and the Laugh)
Imagine three side-by-side photos:
-
OKC: A 5,000 sq. ft. modern estate with pool, theater, and 3-car garage.
-
Dallas: A pretty, 3,000 sq. ft. suburban home with neighbors 10 feet away.
-
LA: A cute but tiny 1,000 sq. ft. bungalow with a fence, two palm trees, and maybe a view of your neighbor’s Prius.
The Takeaway
Location isn’t just everything — it’s the price tag.
In Oklahoma City, $1M gets you a lifestyle.
In Dallas, $1M gets you a nice house.
In LA, $1M gets you bragging rights (and maybe a kitchen sink that works).
The Agency Advantage
When you’re ready to explore what $1M — or $5M — can buy you in Oklahoma, The Agency Oklahoma is your statewide resource. We represent buyers and sellers across the entire state — from the luxury neighborhoods of Nichols Hills and Gaillardia in OKC, to Tulsa’s Midtown estates, to vacation rentals in Broken Bow, lake homes on Grand Lake, and stunning new builds in Carlton Landing and Norman.
Whether you’re dreaming of acreage, lakefront property, a downtown penthouse, or a luxury retreat, we market and sell all of Oklahoma with global reach, concierge-level service, and unmatched local expertise.
Wyatt Poindexter
Managing Partner, The Agency Oklahoma
📞 405-417-5466
📧 [email protected]
🌐 www.WyattPoindexter.com | www.TheAgencyRE.com
The Agency — where luxury, integrity, and bespoke service meet.
