The state of the art is relatively excellent. To get a high end machine for home use you can spend about 700 dollars or so on a Prusa MK2. This printer runs its self and in many years I have never heard a single complaint about it. For 200 dollars you can get an Ender 3, which is perfect for everyday use. It can print PETG (a strong material) really well.
Over the last few years what has really caused machines to increase in quality is
1) Better software (slicers and Marlin firmware)
2) Decreased price from more manufacturers entering the market
The Ender 3 comes with an all aluminium body. A few years ago that would have been rare.
There are also resin printers for 200 dollars that create prints so detailed that they are measured in a few microns. These printers are perfect for making miniatures, models, and other small things.
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