Tuesday, November 22, 2011

Open Houses of the Week: Golden Opportunities for Retirees

There's something about that "Open House" sign that acts like a magnet. Whether you're looking for a new place to live, keeping tabs on real estate in your neighborhood, or just angling for a sneak peek at someone else's private domain, the lure of an open door is strong indeed.

This week we explore homes in some of the best cities in the nation for retirement, as rated by Kiplinger.com. Using a wide range of considerations, including affordability, access to health care and tax perks, Kiplinger identified the best cities for retirees to call home. Below are just a few of the hot properties on display this weekend.

Open Houses for Nov. 19-20


Birmingham, Ala.


Open house: Sunday, Nov. 20
Location: 246 Big Springs Drive
Price: $375,000
Property details: At over 2,400 square feet, this one-story brick home isn't for empty nesters looking to downsize. But who says all retirees want smaller? And with taxes per capita at $700 below the national average, you can afford the extra space. Did we mention that older homeowners aren't required to pay property taxes in Birmingham?

See inside this property.

See more Birmingham open houses

Tucson, Ariz.


Open house: Sunday, Nov. 20
Location: Not listed
Price: $1,795,000
Property details: Yes, Tucson fully exempts Social Security benefits, and yes, it also has a huge inventory of affordable housing -- but we couldn't help but show off this pricey desert stunner. This over 5,000-square-foot home has breathtaking views of the desert landscape and amenities to rival anything in the big coastal cities. But if it's not your cup of tea, browse any number of other Tucson homes for sale below.

See inside this property.

See more Tucson homes for sale.

Winston-Salem, N.C.


Open house: Sunday, Nov. 20
Location: 115 Konnoak Village Circle
Price: $98,400
Property details: See past the more popular city of Charlotte and give "The City of the Arts" a chance. Winston-Salem boasts a rich history of arts and entertainment and offers it up for a fraction of big city prices. Take this brand new three-bedroom home for under $100,000, for instance.


See inside this property.

See more Winston-Salem homes for sale.

Manchester, N.H.

Open house: Sunday, Nov. 20
Location: 107 Dallaire St.
Price: $229,900
Property details: Without sales, income, estate and inheritance taxes, Manchester is an ideal location for retired homebuyers. While there are certainly cheaper housing markets to be found, good luck finding a community with as many attractions -- and in such close proximity to New York and Boston -- as Manchester. Pictured left is a charming 1950s-era two-bedroom with cathedral-style ceilings and brand new roofing. Click through the photos to see the rest of the home's hidden gems.

See inside this property.

See more Manchester homes for sale.

Spokane, Wash.

Open house: Saturday, Nov. 19
Location: 23 W. 36th
Price: $225,000
Property description: With gorgeous weather, beautiful landscapes and no state income tax to speak of, Spokane should rank high on any homebuyer's list -- especially those on a fixed income. This three-bedroom home includes refinished oak floors, arched doorways, coved ceilings, two fireplaces, and attractive built-ins throughout the home. Take the full tour in the listing below.


See inside this property.

See more Spokane homes for sale.


Knoxville, Tenn.

Open House: Saturday, Nov. 19
Location: 101 Stone Bluff Court
Price: $234,900
Property description: For outdoorsy home buyer, Knoxville is just little more than an hour's drive to the Great Smoky Mountains National Park and Blue Ridge Mountains. And feel free to splurge at the gas station mini-mart -- Knoxville's living costs are among the lowest on the list. This recently built four-bedroom home puts you right in the center of the great wide open without breaking the bank.


See inside this property.

See more Knoxville homes for sale.

Palm Bay, Fla.

Open house: Friday, Nov. 18
Location: 268 Abello Road S.E.
Price: $81,000
Property description: Of course you were expecting a Florida entry on the list, but did you expect the less assuming city of Palm Bay? In the absence of a state income tax, the senior population has grown to more than 20 percent, according to Kiplinger. Seafarers take note: Palm Bay also has the second-busiest cruise port in the world, so setting sail to far off destinations is never out of the cards. Best of all, housing in Florida remains dirt cheap due to the lingering effects of the housing bubble. This three-bedroom home can be yours for just $81,000.

See inside this listing.

See more Palm Bay homes for sale.

St. Louis, Mo.

Open house: Sunday, Nov. 20
Location: 2 Graybridge Lane
Price: $999,000
Property description: What retirement list would be complete without some love for the Midwest? Starting in 2012, Mound City will cover 100 percent of income tax exemptions for Social Security benefits, according to Kiplinger. Combine that with a low cost of living and plenty of attractions, and you have one of the best all-around retirement cities in the nation. But that doesn't mean you can't find big-sticker real estate in this popular burg. Coming in just shy of a million, this four-bedroom looker might be more than many retirees are looking for, but once you see the interior you'll understand its inclusion.

See inside this listing.

See more St. Louis homes for sale.


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