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…)

schoolIn our quest to find the most interesting historical shelters, we fully admit to being suckers for a good school house conversion, and this example in the historic mining village of Hillsboro, New Mexico, does not disappoint.

The school was built in the 1800s, listing agent Crystal Lay with Steinborn & Associates Real Estate said, and it taught generations of elementary school students in the mining town.

More recently, it’s been beautifully renovated, and the sellers took pains to incorporate wonderful details into that renovation.

“The amazing original details including the interior tin roof tiles, the chalkboards, and the windows have been preserved and keep the authenticity of the school that is incorporated into the ample living space,” Lay said. (more…)

las crucesIt’s a house that has one foot in history, and one foot in the future — and the amazing second shelter or even vacation rental income property potential of this nearly four-acre estate in Las Cruces, New Mexico makes it a must-see.

The home includes a main house and guest house, and when you consider everything it comes with, the $850,000 price tag makes it a bargain. It’s self-contained enough to provide plenty of entertainment on the grounds but is also close to wine festivals, book festivals, fairs and more if you venture into town. (more…)