daylatedollarshort
Give me a museum and I'll fill it. (Picasso) Give me a forum ...
- Joined
- Feb 19, 2013
- Messages
- 9,358
We want a safe place to have a lock and go condo so we can travel once the kids are launched and we downsize. I saw a crime list that had Laguna Woods as the safest small to mid-size city in California.
The condos there are older but some sell for $135 sq foot compared to Mission Viejo at ~$300 sq ft.
I am not sure if we are ready for Leisure World, but the prices are very compelling, especially if you compare the housing price per square foot to Laguna Beach right next door.
I do not think it would cost more than $30 - 40K or so to update a 60's built 2 bedroom condo. So even with renovation costs the price is still favorable to the surrounding cities. The HOAs are reasonable on the ones that include property tax in the HOA fees. The most cost favorable ones seem to be organized as co-ops.
I saw an Eco-village video where the members grew their own food, shared cars, had solar power, and used compostable toilets, and at the end the narrator said they could live like that for $10k a person. $10k a person and you still have to grow your own food and work like the Amish? I think with a mortgage free condo we could live at Leisure World for $15K a person (plus travel costs and extras, $30K for baseline expenses), shop at Trader Joe's and go to the beach or play golf or tennis all day.
What do you think?
The condos there are older but some sell for $135 sq foot compared to Mission Viejo at ~$300 sq ft.
I am not sure if we are ready for Leisure World, but the prices are very compelling, especially if you compare the housing price per square foot to Laguna Beach right next door.
I do not think it would cost more than $30 - 40K or so to update a 60's built 2 bedroom condo. So even with renovation costs the price is still favorable to the surrounding cities. The HOAs are reasonable on the ones that include property tax in the HOA fees. The most cost favorable ones seem to be organized as co-ops.
I saw an Eco-village video where the members grew their own food, shared cars, had solar power, and used compostable toilets, and at the end the narrator said they could live like that for $10k a person. $10k a person and you still have to grow your own food and work like the Amish? I think with a mortgage free condo we could live at Leisure World for $15K a person (plus travel costs and extras, $30K for baseline expenses), shop at Trader Joe's and go to the beach or play golf or tennis all day.
What do you think?