Viva Las Vegas: Turns Out, It’s Not Such a Gamble for Budget-Minded Retirees

Editor’s Note: Recently, MoneyWise revealed its list of the 40 most frugal and friendly places to retire. In a bid to provide an idea of what housing inventory is available in these cities and towns, we’re taking a look at listings in each of the cities on the list.

Not everyone can spend $1 million or more on a second home, even if it’s with the idea that eventually you’ll retire there. So when MoneyWise’s list of 40 places to retire that are more budget-friendly came out, we were curious — what kind of homes could you find in these towns?

In our last story, we looked at the 22nd city on the list — Richardson, Texas. This week, we look at Las Vegas, Nevada, and found three great homes — all for less than $315,000.

“Despite being known for its famous gambling strip, Las Vegas features a number of communities where retirees can enjoy a high-quality, low cost of living,” MoneyWise said. “A household income of around $50,000 will get you a great lifestyle here.”

“The weather is warm and dry, and the population is quite diverse. And of course, Vegas nightlife is among the best in the world, and entertainment is never far away,” the report continues. “A wide variety of healthcare centers makes this a great place for medical care, too.”

Want to see examples of what you can find in Las Vegas? Let’s jump!

Budget-Friendly Cozy Home Perfect for a Traveler

Price: $129,900

Our first home is a cozy little abode clocking in at a spare 582 square feet, with one bedroom and one bathroom.

But it’s got a garage, and is just perfect for the travel-minded retiree, with its low-maintenance yard and quick-clean up square footage. You can literally have a place to call home base, but not have to worry about the upkeep while you jet-set. And it has a washer and dryer unit, so you can just upend that suitcase directly in the washer when you arrive home from your latest adventure.

It could potentially use a few updates in the kitchen and bath, but for the money, this is one perfect little travel-friendly home.

It’s listed by Lathe Lavada with First Prime Realty Group.

Condo With Tons of Amenities in a Gated Community

Price: $209,900

If you feel like 500 square feet and change is too ambitious a downsize, our second option may just do the trick. It’s a two-bedroom, two bath condo with 1,284 square feet of living space, plus a two car garage.

Both bedrooms have walk-in closets, and the master bath has a double vanity and separate shower and tub.  A spacious living room opens to a dining area and kitchen.

The gated community includes a pool, spa, gym, and more, and HOA fees are $128 per month.

The home is listed by Jung Kim with Berkshire Hathaway Home Services Nevada Properties.

Midcentury Modern Inspired by Eichler

Price: $314,900

Our last home is an incredible 1964 Midcentury Modern inspired by the venerable Joseph L. Eichler that has been completely remodeled and updated.

As one would expect of a Mid-Mod, you have plenty of natural light, an open and airy floor plan, raised ceilings, and walls and walls of windows in this four-bedroom, three bath, 2,128 square foot home.

But this home also boasts two master bedrooms and a massive rear porch perfect for outdoor entertaining. Inside, updates include granite counters in the kitchen, xeriscaping in the front and back yards, new porcelain tile, and new appliances.

It’s listed by Aaron Taylor with EXP Realty.

For the original MoneyWise report, click here. To see all the homes we have found so far, click here.