* 25 best places for affordable homes
Posted on September 10th, 2008 by City Home Mortgage Specialist. Filed under Home Mortgages, Residential Mortgages.
Want to retire near the water, but without paying premium prices for a home? Residents who buy real estate in these towns see their incomes go the furthest.
Median home price (2007): $124,900
Median family income: $65,744
If the thought of freezing winters gives you the chills, head for North Augusta, where winter temperatures hover at a relatively balmy 40°F, and summers are warm but not scorching. Residents stay healthy by jogging along the Savannah River. Horse-lovers can take in barrel racing and other equestrian competitions at the Hippodrome event complex.
Spacious three-bedroom homes along the riverfront cost around $450,000; comparable condos cost about $295,000. Many developments feature shared boat docks, though some homes have their own. For a weekend outing, drive half an hour to Strom Thurmond Lake for camping, hunting, fishing, and picnicking.
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