Forbes.com has compiled its list of the Top Ten Urban Retirement Spots and Magnolia made the list. Here is what Forbes has to say about Magnolia:
Sitting northwest of downtown on a peninsula into Puget Sound, hilly Magnolia is dominated by Discovery Park, a former army base. The area has a lively restaurant scene and nice views as well as shopping for day-to-day life. Though well-located, its seeming isolation from the rest of Seattle–access is via bridges, over railroad tracks–keeps housing prices down.
We are not sure that everyone would agree with their assessment of housing prices in Magnolia but it is interesting to see our area make a list like this one. Other locations to make the list include Montrose (outside Houston) Texas, Cheesman Park (outside Denver) Colorado, Short North (outside Columbus) Ohio and Hudson Heights (outside New York City) New York.
Forbes says that urban retirement is not for everyone but if you’re ready to give up the oversized suburban house and are looking for a good place to retire, consider an urban neighborhood. The inner city can provide affordability, convenience and a stimulating diversity that may not be available in a suburban enclave.