MetairieEditor’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 36th city on the list — Augusta, Georgia. This week, we look at Metairie, Louisiana, and found some great options from anywhere around $50,000 all the way to $549,000.

“Despite having less than 150,000 residents, Metairie is a very diverse place,” MoneyWise said. “This town offers a robust nightlife and a very low cost of living. The median household income is around $52,000. Locals consider this town to be a good compromise between big-city and suburban living.”

“Metairie is located just a 15-minute drive from New Orleans, so you can get a taste of the city any time you want,” the entry adds. “There is one healthcare center in Metairie, but access to New Orleans gives you a wide variety of healthcare providers.”

SPACIOUS CONDO WITH SURPRISING PRICE

Price: $50,000

Our first example of what you can find in Metairie if you’re really, really wanting to be frugal. And surprisingly, we found that being on a budget doesn’t have to mean borderline livable. (more…)

AugustaEditor’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 37th city on the list — Torrance, California. This week, we look at Augusta, Georgia, and found some great options for — get this — less than $300,000.

“Augusta is a gem of Southern living. It is an inexpensive city, with a median household income of about $38,000,” Moneywise said. “Augusta’s crime rate is low and the town is rich in Southern history, and offers a wide variety of shopping and nightlife options.”

“With its warm weather and two medical centers that focus exclusively on women’s healthcare, Augusta sets a high standard for retirement living on this list,” the article added.
(more…)

Torrance

Photo courtesy Wikimedia Commons

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 38th city on the list — The Woodlands, Texas. This week, we look at Torrance, California, and found you could find a great selection well within the mid-$300,000 range to just slightly more than the median price of $600,000.

So why is Torrance on the list? In short, it’s close to Los Angeles, but provides that smaller community feel that some might desire, the publication said.

“If you like the idea of living near Los Angeles but would prefer living in a smaller community, Torrance could be just the place you’re looking for!” MoneyWise said. “This town is home to California’s famous sunny weather and promises easy access to nearby beaches.”

“It’s a little pricier than some of the communities we have listed so far, with a median home value of $600,000,” the piece continued. “Median household income is just below $80,000. With 15 healthcare centers, Torrance is a good place for medical care.”

While we can’t get you amazing views or ocean sightings in this price range (that’s going to cost you a bit more), we do have three options.

LOCK-AND-LEAVE, BUDGET-FRIENDLY CONDO

Price: $369,000

At $369,000, this fully-remodeled condo may be cozy, but it’s also a great lock-and-leave option for snowbirds who prefer the West Coast to Florida or the Gulf Coast.  

A new shower, new hardwood floors, paint, and brand-new stainless steel appliances make this nearly turnkey. Higher ceilings and an open floor plan make great use of the smaller space, and the two bedrooms are generously sized for the square footage. (more…)

The WoodlandsEditor’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 39th city on the list — Cape Coral, Florida. This week, we look at the first Texas spot on the list —  The Woodlands, and found you could find a great selection well within the $300,000 to just shy of $500,000 range.

Why The Woodlands?

“This community of approximately 100,000 is a well-kept secret for retirees,” said Moneywise. “The Woodlands offers excellent housing and a low cost of living. The median rent is $1,300, and median home prices are around $300,000.”

“This town has very low crime, and the weather is lovely and warm,” it adds. “The Woodlands’ proximity to Houston gives you access to quality health care just a short drive away.”

So what can you get for less than $500,000? Let’s take a look.

RENOVATED MEDITERRANEAN CLOSE TO AMENITIES

Price: $319,000

At the lowest end of our price point, this custom home in the coveted Grogans Mill neighborhood is also — bonus — in a golf course community. (more…)

Cape CoralEditor’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 40th city on the list — Scottsdale, Arizona. This week, we look at Cape Coral, and found lots of incredible inventory for as low as the $150,000s to the millions.

There is something for every budget, it seems.

“Although there will be some rebuilding to do in this city after Hurricane Irma, Cape Coral is a lovely town worthy of your consideration,” Moneywise said. “Cape Coral is located on the west coast of the peninsula and is known for its low crime rate, excellent restaurants, and perpetually sunny Florida weather!”

“The cost of living in Cape Coral is relatively low when compared to the cost of living in Miami or Fort Lauderdale,” the story added.

The city offers much in the way of amenities (as do many of the planned communities), including golf, splash grounds, art studios, and more. But with more than 400 miles of canals, you can bet that boating, fishing, and other water activities take center stage.

ONE STORY HOME CLOSE TO GOLF AND KAYAKING ACCESS

Price: $259,900 (more…)