Sep 26, 2024, 12:00 AM
Sep 26, 2024, 12:00 AM

Retiree Explores Affordable Condos in Twin Cities

Highlights
  • Mark Dougherty, a recent retiree, sought a more affordable condo in an active neighborhood of the Twin Cities, with a budget of up to $180,000.
  • He toured various condos in Minneapolis and St. Paul, looking for features like a two-bedroom layout, parking, and a balcony.
  • Ultimately, he aimed to find a home that would allow him to engage with a vibrant community rather than retreat into a quiet area.
Story

After years of living in a suburban condo, Mark Dougherty decided to explore new housing options as he entered retirement. He aimed to find a more affordable and active living situation in the Twin Cities, specifically Minneapolis and St. Paul. With a budget of around $180,000, he was open to remodeling a smaller condo that met his needs. His ideal home would ideally feature two bedrooms, parking, and a balcony, allowing him to enjoy a vibrant lifestyle. Working with real estate agent Scott Belcher, Dougherty toured various properties in bustling neighborhoods filled with coffee shops and restaurants. He evaluated several condos, weighing their features against his preferences. One property caught his attention with its in-unit laundry and central air-conditioning, but it was at the top of his budget. Another option had desirable amenities but lacked some of the features he wanted, such as a balcony and assigned parking. Dougherty's search was driven by a desire to engage with his surroundings rather than retreat into a quiet area. He was particularly interested in finding a home that would allow him to participate in community activities and enjoy the local culture. The process of exploring different condos provided him with insights into the housing market and the lifestyle he sought. Ultimately, Dougherty's journey reflects the challenges and considerations retirees face when seeking affordable housing in vibrant neighborhoods. His experience highlights the importance of balancing budget constraints with the desire for an active and fulfilling lifestyle in retirement.

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