Have you/do you plan on moving to some other state when you retire?

[Rain Man]

Originally Posted by Steron

The wife and I have considered Colorado. We have elderly parents (in their 70's) with varying health so it isn't an option right now. We live in southern Virginia and I am to the point in my life that I hate Summer here. Too hot. Too humid.

I've looked all over Colorado as a hobby. Most of the nice places wouldn't allow me to free up cash from my house because their housing markets are expensive. But there are some exceptions.

Pueblo doesn't have a good reputation here. It's a low-growth remnant of the old economy. But it's got really good housing prices and it's big enough to have some good variety of restaurants and stuff. This place is really cool if you like older houses and urban living: https://www.realtor.com/realestatean...-07656?view=qv. This is more of a suburban setting, but the house is kind of cool: https://www.realtor.com/realestatean...-17293?view=qv

We also like Palisade in western Colorado as an affordable place. The architecture is pretty pedestrian, but the views are really nice. They have big mesas, and grow peaches and lavender there. I don't see any wow houses for sale in the town itself right now, but here's a place nearby: https://www.realtor.com/realestatean...-85027?view=qv

[BIG_DADDY]

Originally Posted by Rain Man

I've looked all over Colorado as a hobby. Most of the nice places wouldn't allow me to free up cash from my house because their housing markets are expensive. But there are some exceptions.

Pueblo doesn't have a good reputation here. It's a low-growth remnant of the old economy. But it's got really good housing prices and it's big enough to have some good variety of restaurants and stuff. This place is really cool if you like older houses and urban living: https://www.realtor.com/realestatean...-07656?view=qv. This is more of a suburban setting, but the house is kind of cool: https://www.realtor.com/realestatean...-17293?view=qv

We also like Palisade in western Colorado as an affordable place. The architecture is pretty pedestrian, but the views are really nice. They have big mesas, and grow peaches and lavender there. I don't see any wow houses for sale in the town itself right now, but here's a place nearby: https://www.realtor.com/realestatean...-85027?view=qv

Nice houses for sure.

[cooper barrett]

Something wrong with Sedona AZ The old Beverly Hills crowd is dieing off, need new old blood

Originally Posted by Rain Man

I've looked all over Colorado as a hobby. Most of the nice places wouldn't allow me to free up cash from my house because their housing markets are expensive. But there are some exceptions.

Pueblo doesn't have a good reputation here. It's a low-growth remnant of the old economy. But it's got really good housing prices and it's big enough to have some good variety of restaurants and stuff. This place is really cool if you like older houses and urban living: https://www.realtor.com/realestatean...-07656?view=qv. Gotta love the bags of pellets in MBR Nice touch

This is more of a suburban setting, but the house is kind of cool: https://www.realtor.com/realestatean...-17293?view=qv

We also like Palisade in western Colorado as an affordable place. The architecture is pretty pedestrian, but the views are really nice. They have big mesas, and grow peaches and lavender there. I don't see any wow houses for sale in the town itself right now, but here's a place nearby: https://www.realtor.com/realestatean...-85027?view=qv

1st house needs a walk through, something says reproduction ceilings new not old trim or a podge. What's the deal with being for sale several times and price at 350K to 450K?? Back yard not completed since it looks like 2012. A Will Robinson home?

[Steron]

Originally Posted by Rain Man

I've looked all over Colorado as a hobby. Most of the nice places wouldn't allow me to free up cash from my house because their housing markets are expensive. But there are some exceptions.

Pueblo doesn't have a good reputation here. It's a low-growth remnant of the old economy. But it's got really good housing prices and it's big enough to have some good variety of restaurants and stuff. This place is really cool if you like older houses and urban living: https://www.realtor.com/realestatean...-07656?view=qv. This is more of a suburban setting, but the house is kind of cool: https://www.realtor.com/realestatean...-17293?view=qv

We also like Palisade in western Colorado as an affordable place. The architecture is pretty pedestrian, but the views are really nice. They have big mesas, and grow peaches and lavender there. I don't see any wow houses for sale in the town itself right now, but here's a place nearby: https://www.realtor.com/realestatean...-85027?view=qv

I'm in love with the first house you listed. What I wouldn't give to own that. Maybe one day......

[cooper barrett]

Originally Posted by Steron

I'm in love with the first house you listed. What I wouldn't give to own that. Maybe one day......

Something bothers me about...

https://www.google.com/maps/@38.2780...!7i3328!8i1664


https://www.google.com/maps/@38.2778...!7i3328!8i1664

[Steron]

Those are pics from 2009. A lot can change in 10 years.

[cooper barrett]

Originally Posted by Steron

Those are pics from 2009. A lot can change in 10 years.

You must be the most intelligent person on the board


What gave you a hint? Maybe that I was showing the house with a label on the left saying 2009?????


https://www.google.com/maps/@38.2780...!7i3328!8i1664


https://www.google.com/maps/@38.2778...!7i3328!8i1664

[Steron]

Originally Posted by cooper barrett

You must be the most intelligent person on the board


What gave you a hint? Maybe that I was showing the house with a label on the left saying 2009?????


https://www.google.com/maps/@38.2780...!7i3328!8i1664


https://www.google.com/maps/@38.2778...!7i3328!8i1664

Settle down Francis. You can't possibly be as big a douche as your snarky post insinuates you are. I merely said the year those pics were from and that a lot can happen in 10 years time. Nothing more, nothing less. I'm sorry you took such a simple two sentence response as a personal affront.

[cooper barrett]

Originally Posted by Steron

Settle down Francis. You can't possibly be as big a douche as your snarky post insinuates you are. I merely said the year those pics were from and that a lot can happen in 10 years time. Nothing more, nothing less. I'm sorry you took such a simple two sentence response as a personal affront.

I was being humorous, your 10 year comment was what was not needed

And don't call me Francis. It's Mr. Ed to you. I believe I am the one looking at the ass.

[Rain Man]

Originally Posted by Steron

I'm in love with the first house you listed. What I wouldn't give to own that. Maybe one day......

Yeah, I really like that house. It's got a lot of character, and compared to Denver prices it's really inexpensive. With the apartment over the garage to rent out, it's the rare place that might be worth moving to from a pure financial perspective if I was retiring today. (I'm still several years off, but I like to think ahead.)

When I think about moving in retirement, there are several elements to consider.

Pros of staying where I'm at in retirement:

1. I get good appreciation on my current home. I got lucky and bought in a high-demand place. Buying in a cheaper market will cost me money in terms of lower appreciation on the home.
2. I get cash out of my current home since I rent out an apartment.
3. My current home is in really good shape and there are no surprises for me in terms of maintenance.
4. I can walk to anything I need, which is good for a variety of reasons.
5. Until I need the cash for income, having a bunch of money in home equity is good diversification.
6. I really like Denver.

Pros of moving in retirement:

1. I could buy a house like this in a cheaper market and free up a ton of cash in retirement.
2. At some point in the distant future, having a house with lots of stairs may become a problem. Hopefully that's the distant future, but still...
3. It would be fun to explore a new place.

All in all, it would have to be a perfect fit to warrant moving, so I probably won't unless health forces me to do so. I pretty much have an ideal situation for the foreseeable future.