Buying in these affordable Delaware communities may help you truly enjoy your retirement by not being saddled with a large mortgage.
Reality sets in and you realize that $250,000 is a quarter of a million dollars! That’s a lot of money but can it buy you the dream home you’ve worked so hard for all your life? Maybe. Defining your dream home is all about how you want to live and what you are willing to sacrifice to get what you really want – freedom and life without stress!
What can $250k get you in a home in Coastal Delaware? I had originally written this article in 2011 and realized much of it still holds true today. So I decided to give it an update for 2018 and share the latest Delaware neighborhoods in which you can find a perfect affordable home for retirement.
Great options for $250,00 or less in these following Delaware neighborhoods:
Seabrook– This new home community is being built by K Hovnanian in the Long Neck area of Millsboro, Delaware. Just down the street from The Peninsula, the exclusive country club on the Indian River Bay, and close to great shopping at the Harris Teeter or Giant shopping plazas, Seabrook is priced just right.
Cedar Bay is a wonderful 55+ condo community in Ocean View, Delaware, only one mile to Bethany Beach. When one of these 2 or 3-bedroom condos comes on the market, it goes quickly. We helped several of our clients buy and sell units at Cedar Bay in the past year.
Hearthstone Manor, located in Milford, is right across from the brand new Bayhealth Sussex Campus opening in February 2019! Here you will find single family homes priced in the mid $200s, villas in the low $200s and some condominiums priced below $200K.
Village of Cinderberry is a charming 55+ community of only 170 homes in Georgetown, the county seat of Sussex County. They just redid the indoor salt-water pool and I hear it is perfect for the morning water aerobics classes. All exterior maintenance, lawn care, and snow removal are included in this affordable and friendly community.
These are just a few examples of homes we can help you find in the $250,000 – 300,000 price range. Regardless of your budget, your Active Adults Realty agent will work hard to help you find your dream home for retirement in Delaware.
If you want to be updated on all the latest news with Delaware’s neighborhoods and new construction homes, be sure to sign up for our newsletter, Boomers and Beyond in Delaware. You will not only learn more about Delaware’s popular communities, it also includes lifestyle information Boomers want when considering Delaware as their retirement destination.