300,000 For House-Where To Buy (how much, buying, theatre)

[PotterGeek]

Originally Posted by 20yrsinBranson

I was thinking the same thing DanBev. I'd sock the rest of it away. I'd also start thinking about self-sufficiency in case the SHTF if you know what I mean. Keeping a 3000 square foot house clean would be a major pain in the arse! It would take two hours just to vacuum! I would think there is a better way to spend that time! LOL

Think small, efficient, sustainable, easily defended. You never know how bad things might get!

20yrsinBranson

Agreed. Alot of folks are shying away from those McMansions nowadays. We sold our 3200 square footer and where we relocated, bought about 2000 sq ft. in an older, stable neighborhood and we're a family of 4.

[evilnewbie]

Yeah, I would save it too, you can get more bang for the dollar if you wait and earn interest on your savings... just remember to divide them up because the FDIC only insures up to a maximum... you can get more home later when the housing collapse really occurs...

[debbie at bouontiful]

I would say the lady from Bella Vista is right. I am trying to move my parents 80 years old to Bella Vista. I beleive they can get a house a lot cheaper than your 300,000 house but they also will not be looking for 3000 sq feet. I've looked for them in Bella Vista and I believe they will be able to get a 2400 square foot house for the low 200s.

Personally when I retire I will downsize in square feet. I have 3000sq. feet or close to it, and all we are doing is storing our grown children's stuff!!!!!!!!!!!!!

[nmguy]

Like they say, home is where the heart is.

Maybe you should visit the areas that most interest you, then make a decision.

For me, there's got to be more than a 'good deal' to draw me to a place to live out my retirement years.

Good luck to you.

[Mike Horrell]

Originally Posted by nmguy

For me, there's got to be more than a 'good deal' to draw me to a place to live out my retirement years.

Yeah, bottom feeding for a home across the entire country doesn't sound like
a very viable plan.

Having said that, I think there are plenty of nice homes in NM for that price.

[Fighter 1]

[quote=Towanda;7561479]Retirement is such a big deal -- and in my opinion should be a final move -- so to me the important thing is WHERE do you want to live, and why?

All those states are very different (in my opinion) and I guess I would start by deciding on which one I would want to live out the rest of my life.

For me it was a non-decision, as I already knew the one place I wanted to live. Maybe other people are different and the location doesn't matter so much.

Here in Santa Fe, prices have come down and you probably can find a $300,000 house that you like, but you might have to make some concessions - such as size. I'm not sure you can find a 3000 square foot house for that price that is in decent condition.[/quote]

Could I ask why a 3,000 sq, ft home , most people down size when they retire , my wife would have killed me if i sugested that big a home. I had the same problem when we retired . Where to live ? The beach . Nice some of the time , The mountains ? yes great in the summer. The desert ? great in the winter, Hell for about 3 months. Thats why we are here RVing . That way we have it all so to speak . All 400 sq, ft, of it . Less time spent cleaning and such , more time to do what we are suppose to be doing in retirement , Having fun!

[rruff]

First off I don't think FL AZ and NV have the best deals... they were just so overinflated to start with.

Let me see... you care about price, library, college, and growing season. Anything else? Temperatures? Rainfall? Terrain? Golf courses (and other recreation)? Shopping? Crime? Airports? Racial mix? Politics?... just for starters.

And when you say town or small city, how big is that?

[iamanewcomer]

If you have internet access,you don't need the public library...

You may consider coastal Houston,League City,Clear Lake,Taylor Lake,Seabrook,Kemah,San Leon.

A 0.2 lakefront lot ,5 min boat ride to the sea ,may go as low as 100K...

Once you go waterfront,you can't go back...

[HappyTexan]

I would be looking at 1600-1800 sq ft home for the same reason everyone else states..bigger is not better these days.

[awecelot]

Corpus Christi