We spent Tuesday morning looking at homes in Cape Coral. The area is well located near Ft. Myers.
While we found several very reasonably priced - $75,000 to $89,000 - older homes in good shape, I decided that the area just felt too "old". Even with me being retired, I would not want to be in an area where the average age looks to be about 75 and where I couldn't find big name entertainment.
Cape Coral's economy is severely depressed. But if you have a retirement income or can get a job in the health care industry, consider looking here as there definitely are some great housing bargains!