Learning About Real Estate Listings and Agent Services

4 Reasons To Consider Purchasing Property In A 55+ Adult Community

by Elaine Ryan

When it comes to buying your next home as you reach retirement age, you should consider purchasing a home or apartment in a 55+ community. There are many advantages of buying a home or apartment in a 55 + adult community.  

1. Lower Property Taxes 

Generally, the property taxes are lower when you purchase a home in an active adult community. Many active adult communities are not located in communities where there are lots of tax demands. They are strategically located in communities and in areas where the property taxes are lower to make a living in the community more appealing. 

2. Amenities 

When you purchase property in the adult community, you are getting access to more than just the property; you are getting access to all of the amenities in the community as well. The type of amenities you may find in a 55+ adult community include: 

  • Dining area 
  • Classes 
  • Dog park 
  • Art spaces  
  • Entertainment spa 
  • Fitness center 
  • Outdoor sports centers  

These are just some of the physical amenities you could have access to when you purchase a home or apartment inside a 55+ adult community. You are getting access to community features that are there to give you a sense of community and allow you to access activities that will keep you engaged.  

3. Safety 

if you are concerned about your safety, you will want to consider a home in a 55+ adult community. These communities limit who has access to them; they are generally situated inside gated areas, so who comes and goes is restricted to those who have access to the site.  

Additionally, as part of your HOA fees, you will pay for the security that patrols the area throughout the day and night, ensuring that everyone is safe and everything is as it should be. You will not have to worry about your safety when you live in a 55 + adult community.  

4. Affordable 

Living in a 55+ adult community is an affordable way of life. With a 55+ community, you are getting more than a place to stay; you are getting access to a community full of activities and features that are designed to make your life easier.  

In addition to the physical amenities listed above, you get access to on-site maintenance, landscaping care, and often access to assistance with internal home care and healthcare tasks. Everything you need is right there, and the cost can be comparable to a monthly mortgage payment or a monthly rental payment.  

If you want to live somewhere with lots of amenities and safe and affordable activities, consider investing in property in 55+ adult communities.  

Share