Tuesday, October 18, 2011

10 Places to Buy a Retirement Home for Under $100,000

10 Places to Buy a Retirement Home for Under $100,000

9 of 12
Port Charlotte, Fla.
Charlotte Harbor & the Gulf Islands Visitor's Bureau

The housing bust hit Port Charlotte hard, which may lead to good deals for newcomers. The city’s median home-sale price in 2010 was just $59,950. Many homes in this Gulf Coast town are located along canals and waterways.
And many of these homes are located along canals and waterways. "There are a tremendous number of houses on the water, and everybody's got their boats in their backyard," says retiree Chris Zwirner, 78. "All the people who live on water essentially have access to the Gulf of Mexico, and from there you can go around the world." The Charlotte Harbor Preserve State Park spans 42,000 acres, including 70 miles of shoreline along the Charlotte Harbor. An added bonus: Florida has no state income tax.

Pascal Schreier
Broker Associate
Pascal@OConnorRealty.info

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