Okay . . . I'll toss my answer into the mix . . . hopefully not confusing you more.
You mention buying in Portland, and it's a vast area. There's NW Portland, SE, SW . . .there's Beaverton, Tigard, Hillsboro.
My question would be, were are you going to work . . .commuting is a big point to consider.
I would say start with employment, then try to match the schools with proximity to employer. If you have children, obviously with the need for schools, the commute to/from is a big consideration (for time, for gas prices,etc.)
Next . . . what 'year built' are you looking at?
The Metro Portland area has homes in your price range . . . some very nice ones too! The toss up will be this: If you are looking for newer, then you will find smaller lot sizer. Older with improvements are good and they will come with lot sizes of approximate .15 acre and up. Some of the older homes in this price range might need some updating . . . so without more specifics, there are some good options out there!
I'm working with a couple now in this range, and there are some new built on small lots, but very nice quality construction. We toured a home that was very well done and updates were quality on a nice lot, but year built 1986. Good location, good area.
Carla Muss-Jacobs, Broker/Owner
EBA Portland, LLC
Your EXCLUSIVE Buyer Agent
Assisting Metro Portland Buyers since 1999