Communicating With Your Real Estate Agent

Why You Should Think About Moving To A 55+ Adult Community

You may have been thinking about downsizing your home and moving into a condo or smaller home. Older adults typically want a smaller space so they have less to clean and maintain as they age. 55+ adult communities could be a good option for you if you want to downsize your life without losing the ability to be active.

Here are some reasons why you should think about moving to a 55+ adult community instead of a condo or apartment building.

Lower Cost Of Living

When you sell your home and either buy a new one or rent an apartment or condo, one of the things you might notice is that it may cost more than you were expecting. Rents have risen a lot in recent years and the cost of buying a new home has also gone up. You might not want to spend that much money especially if you are nearing retirement or are already retired.

55+ adult communities tend to offer you a lower cost of living than if you rented an apartment or bought a new home. While the rent for a 55+ adult community apartment or townhouse might be similar to renting in an apartment building in some cities, you have access to activities that are included in the price of your rent or mortgage that wouldn't be included if you purchased a home or rented an apartment elsewhere.

Also, your maintenance fees and utilities could be included in the rental price which can lower the costs to you.

Another consideration is, you most likely will pay lower property taxes on a home in a 55+ adult community. The taxes go toward maintaining the properties within the community and paying landscaping and other staff. This keeps your taxes down to a minimum.

They Are Located In Major Cities

You might worry that 55+ adult communities are only located in rural areas or too far away from your family and friends to visit very often. This isn't the case. Many 55+ adult communities are located in major cities across the United States so chances are you will find one in your home city. You won't have to move far away from your family or friends.

Also, if you enjoy warmer weather and had planned to move to Florida or Arizona to escape winter, you will find these states have several 55+ adult communities to choose from. If you enjoy being on the water or perhaps you prefer a downtown location, you will most likely find a community that suits you.

For more information on 55+ adult communities, contact a company near you.


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