Photo courtesy Las Cruces CVB

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?

Last week, we looked at the 25th city on the list — Cedar Rapids, Iowa. This week, we look at Las Cruces, New Mexico, and found three great homes — all for less than $175,000.

“With a modest population of about 100,000, Las Cruces offers small-city living at a low price. Cost of living is relatively low, with a median income of $41,000,” MoneyWise said. “New Mexico State University is located here, giving the city a vibrant character and bringing in new restaurants and nightlife venues every year.”

“In Las Cruces, you will experience nice, hot New Mexico weather. For a small city, it also has a robust healthcare system with 18 major healthcare centers.”

And it’s also gorgeous — the Organ Mountains and the Chihuahuan Desert to the east, the Rio Grande and Mesilla Valley to the west, guaranteeing an amazing view no matter where you look.

Want to see examples of what you can find in Las Cruces? Let’s jump! (more…)

Cedar Rapids

Downtown Cedar Rapids, Iowa (Photo courtesy Wikimedia Commons/Cory Munson)

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?

Last week, we looked at the 26th city on the list — Springfield, Missouri. This week, we look at Cedar Rapids, Iowa, and found three great homes — all for less than $225,000.

“This small city of 128,000 is developing at a quick pace. Traffic can be heavy during rush hours, but you will find easy access to the interstate highway,” MoneyWise said. “Cost of living is low, with a median income of $53,000. Winters can be quite cold and long, while summers are hot and humid.”

“For people who are used to definite seasons and want to take advantage of investment potential in this growing city, Cedar Rapids is a great retirement option. This community has 16 healthcare centers and rates highly for medical access.”

Want to see examples of what you can find in Cedar Rapids? Let’s jump! (more…)