Now Is The Time To Find Your Southwest Florida Retirement Home

Purchasing a retirement home comes with a distinct set of criteria, every smart buyer should have in mind the features and set of amenities they want in a home they plan to live in for the rest of their lives. Moreover, individuals on the verge of retirement must account for fixed-income; more reason buying a home becomes their best option. Therefore, you should aim to get the best deal with a fair price within your budget on the home you settle for. Florida dubbed The Sunshine State is so far the best place with fair deals for purchasing a Southwest Florida Retirement Home. A study taken in the united states observed that Florida harbors ten cities with cheap rates of buying a retirement home other than the option of renting which proved more expensive. If you are looking to purchasing a retirement home with a bargain, consider Southwest Florida, the cities coincide with a significant discount rate for individuals looking to retire. The following are some of the cheapest cities to look at:

Fort Myers

With a population of 26.3% retirees, this riverside city is known for its historic nature. It harbors the Edison and Ford Winter Estates where a garden escape was created in the early 1900s by Thomas Edison and Henry Ford to carry out research work and generate new inventions. The city provides for entertainment as well; ranging from historic tours, strolling through the parks, and fishing. The median home value ranges about $171,100. Furthermore, its historic nature best suits retirees looking for adventure and more knowledge of the city and state. It gives the feel of a simple, laid-back Southwest Florida Retirement Home type which many retirees look to find.

Punta Gorda

Punta Gorda is one of the small towns in Southwest Florida with no beaches. However, it holds several attractive sites, some of which include; a vibrant downtown area, 14 public parks, a wildlife preserve, fantastic dining options, and a favorable all-year mild climate. These are some of the main features that appeal to most retirees. When you retire, you probably want to get away from the hustle and bustle of the busy towns and tourist-driven beach towns, this is what makes Punta Gorda unique and an option for you if you are seeking to find a quiet environment for your Southwest Florida Retirement Home. The community in this city is driven by retirees, meaning crime is almost non-existence, and median home rates are priced at $212k.

Naples FL

Naples is heaven for those who love nature. It provides easier access to Florida Panther National Wildlife Refuge, the Big Cypress National Preserve, Everglades National Park, Corkscrew Swamp Sanctuary, Picayune Strand State Forest, and the 10,000 Islands National Life Wildlife Refuge. The white sandy beaches of the Gulf of Mexico make it even more inviting. These are some of the reasons why you may consider it when looking to buy a Southwest Florida Retirement Home. Additionally, Naples has a median home value of $325,803 and a population of 22,000 and is located on Southwest Florida’s Gulf Coastline approximately an hour’s drive south of Fort Myers and 2 hours from Miami.

Pointers to Purchasing a Southwest Florida Retirement Home

Have a plan – plan on how you want to buy the home, where you want the home to be and review your budget. You may also consider researching selecting a location on the type of home you wish to retire in. Spend time in such homes to get the exact feel before making your final decision.

Consider your social network, family, and friends – weigh your options very well having your social network in mind, because some retirees end up having a hard time living far away from their families and friends.

Select the right financing option – hire services of a financial plan adviser and review the appropriate amount to put down on your purchase or down payment. Consider taking up an opportunity that will not live you house-rich and cash-poor.

Ensure properly – having a personal umbrella policy is very important because insurance always has your back especially when financial matters are involved. Go for what meets your needs today, and plan as well to find a community which will meet your needs in the future.

Why Southwest Florida Retirement Home is a Better Option

• The climate surrounding the state is warm (temperate climate)
• No state income tax
• Retirement income is exempt including Social Security
• The cost of living is low and right around the national average
• Low Crime rates
• It holds top rated beaches
• Full-house of entertainment favoring all age groups