ASK THE REALTOR – 55+ Communities

Q:  Our children are grown and our grandchildren are young adults.  We have over 3,500 sq ft in our current home, and are considering scaling back quite a bit.  We are considering a 55+ type community but,  don’t know much about them.


A:  There are many different types of 55+ communities.  Some are exclusively 55+ with no one under that age permitted to live in the development.  Others allow a related individual, over the age of 18, to live on premises with the owner occupant that is 55+.  Your lot will be smaller than one in a typical subdivision, think patio home, or zero lot line, and many times the landscaping is included in your HOA dues. Floor plans are a little smaller, with fewer steps, and most rooms on the main level. The price of these homes are often times a little less than a traditional subdivision, but you can expect a moderate HOA fee monthly. Many 55+ communities have an extensive social network and a long list of regular activities.  Things you will typically see are walking trails, a clubhouse, fitness center and swimming pool.  It is a wonderful opportunity to live a full, independent life, yet have less upkeep on a home.