Home prices haven't been this low in ages. If you are in the position to look for a home to retire in or one that you can retreat to on weekends and vacations, you have a smorgasbord of bargains to choose from. |
Some items to take into consideration when deciding to buy a vacation home or one to retire in are affordability, convenient location, plenty to do, and situated in an area with appealing surroundings.
In terms of affordability, homes in some states have fallen to a level of less than half of what they cost a few years ago. There are multiple foreclosed or distressed properties available. If you are in a position to easily qualify for a loan or if you have access to enough cash to buy it outright, you are definitely in the driving seat of obtaining a good deal.
Something to consider in terms of convenience are the cities in close proximity and what they offer. How far away is a major airport or other transportation system, such as train or bus? Is it within a reasonable driving distance?
Being only two or three hours from an airport is doable. You'll also want to look at how easily you or other family members can get there. If you own a vacation house that is a struggle to get to, it'll limit the amount of times you'll be able to use it. If you're a retiree, you'll want to be somewhat convenient to other friends and family members, so you can visit each other for holidays and the like.
Make sure the town you want to purchase real estate in has plenty to do. And this, of course, depends on personal taste. Do you love to hike, swim, and experience culture through an artsy community? These are all things to consider when selecting the vacation or retiree home of your dreams.
A few examples of affordable locales that meet the above criteria include Prescott, Arizona, which is has a small town community feel, two colleges and a multitude of hiking available. It is located close to mountains at an elevation of 5,500 ft. It is only two hours from the major city of Phoenix. Another city to look at is Asheville, North Carolina.
It is moderately priced and is in a wooded area with pleasant temperatures. It is close to mountains and has its own airport. Freeport, Maine is another option.
It is close to the Atlantic Ocean and not far from the major cities of Boston and Portland. Inexpensive flights are available via the nearby (approximately two hours away) major airport in Manchester, New Hampshire.
A good way to research options is to visit cities that you like, rent a car for a week and travel the area to try out the small town options. Real estate agents in today's market are more than happy to be at your service with very little notice. Good luck and happy house hunting!
In Asheville, real estate agent offers you the best homes you can ever have. This is one-stop destination to find your dream house. To explore your options, visit http://www.preferredrealestatecenter.com
Related Articles -
preferred real estate center, real estate in asheville north carolina,