Thinking about cashing in your chips and making a brand new start somewhere else? You can definitely trade up for less if you’re willing to put in some elbow grease. We’ve put together a list of 20 of the world’s most underrated cities where you can buy a fixer-upper and turn it into your dream home.

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1 / 20
Austin, Texas
Forbes named Austin as one of their best cities to buy real estate in 2015. Average house prices are quite low and the Texan capital has been showing strong growth. It also boasts an independent spirit and is a paradise for lovers of live music.

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Boise, Idaho
Another of Forbes' choices for great real estate deals is Boise, the capital of Idaho. Many large companies have their headquarters here and Boise State University ensures that there's a young vibe and vibrant nightlife.

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3 / 20
Krakow, Poland
The Telegraph suggests that Krakow is a good place to invest in, as many multinational corporations are doing. This beautiful city, the second largest in Poland, is an important economic hub and has a rich cultural heritage.

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4 / 20
Detroit, Michigan
Detroit has some of the lowest property prices of any North American city and is working hard at overcoming the effects of its economic decline in recent years. One way Detroit is trying to do this is by establishing itself as an entertainment destination. Business Insider has named the city one of the most underrated cities for 20-somethings.

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5 / 20
Thunder Bay, Ontario
According to MoneySense, Thunder Bay offers the best real estate deals in Canada. The city offers great diversity, an active lifestyle and excellent transport infrastructure.

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6 / 20
Winnipeg, Manitoba
MoneySense says that Winnipeg is another good city for real estate investments. House prices are relatively low, as is the cost of living. This ethnically diverse city has a fantastic food scene, vibrant cultural life and plenty of pro sports.

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7 / 20
San Juan, Puerto Rico
CNN says that San Juan one of the world's most underrated cities. The Puerto Rican capital is experiencing a revival, yet is still a buyer's market in terms of real estate.

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8 / 20
Anchorage, Alaska
According to Business Insider, Anchorage is another underrated city for 20-somethings, especially with its vast areas of parkland. Anchorage is a buyer's market too but house prices are rising fast, which, of course, can mean great returns on your investment.

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9 / 20
Baltimore, Maryland
Business Insider also lists Baltimore as an underrated city for 20-somethings. Housing here can be expensive but the city offers many high-paying job opportunities for millennials. Besides, there is a large single population.

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10 / 20
Nairobi, Kenya
The property consultant firm Knight Frank calls Nairobi one of its top ten urban markets to watch in 2015. The 'Safari Capital of the World' is booming and boasts a hopping nightlife. It also has Africa's largest ice rink for those days when you don't appreciate the warm weather.

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11 / 20
Buffalo, New York
Business Insider mentions Buffalo as a city for 20-somethings because of its low cost of living and the number of bars and entertainment venues per capita. In the past few years, its real estate market has been heating up.

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12 / 20
Moncton, New Brunswick
Moncton is the hub of the Maritime Provinces and has hosted some of the largest concerts in Canada. It's also a paradise for nature lovers and according to MoneySense, average house prices in Moncton are among the lowest for any Canadian city.

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13 / 20
Darwin, Australia
According to CNN, Darwin is another one of the world's most underrated cities. It has a tropical climate and a laid-back vibe and even though house prices are dropping, Darwin is also one of Australia's fastest growing cities.

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14 / 20
Durban, South Africa
Another city deemed underrated by CNN is Durban, Africa's busiest container port. This cosmopolitan city boasts great beaches and surfing in a subtropical climate and a favourable exchange rate means that you can get property for a song.

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15 / 20
Salt Lake City, Utah
With relatively low average house prices, Salt Lake City is one of the cities Forbes suggests you invest in. Even though the city is usually associated with the Mormon church, it's a diverse place that also offers almost any outdoor adventure you can think of.

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16 / 20
Calgary, Alberta
Calgary is one of Canada's fastest-growing cities and, according to MoneySense, offers the second best deals in real estate in the country. Its food scene is exciting; the city has Canada's largest museum and there are plenty of opportunities for being active. There's the Calgary Stampede too.

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17 / 20
Sacramento, California
Overshadowed by Los Angeles and San Francisco, it's easy to forget that Sacramento is the Californian capital. It's friendly and laid-back with plenty to do in terms of culture and sports. Forbes also calls it one of the best US cities to invest in, with low property prices.

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18 / 20
Montevideo, Uruguay
The capital of Uruguay is often overlooked in favour of nearby Buenos Aires but you can find museums, Spanish colonial architecture, great food and a waterfront that stretches forever. The Telegraph also names Montevideo as one of the best cities for buying revenue property.

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19 / 20
Managua, Nicaragua
Another good city to consider if you want to buy property to rent, according to The Telegraph, is Managua. In spite of its reputation for being dangerous, the Nicaraguan capital has much to offer, from fascinating architecture and archaeological sites to glitzy casinos. The cost of living is very low.

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20 / 20
Grand Rapids, Michigan
Grand Rapids has a diverse economy and a very vibrant arts and entertainment scene. According to Forbes, house prices in this pleasant riverside city are low, making it one of the best US cities to invest in.
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