Welcome to our occasional weekend newsletter, which focuses on interesting active adult and 55+ communities and the issues surrounding them. This week's feature explores the pros and cons of an issue we hear a lot of discussion about: Is it better to buy in a new active community, or one with a few years under its belt? The image above is of Sweetgrass
, a new community from Del Webb in Houston.
Dilemma: Should You Buy in a New Community - Or an Existing One?
With the current state of the real estate market and active adult and 55+ communities, many baby boomers are puzzled over whether to buy in a new community - or one that has been around the block. It's a darn good question with many conflicting reasons for each. Here's our list of pros and cons; we hope our members will add to it.
Pros and Cons
Earlier this week we had a couple of very negative posts in our Forum about Savannah Village in McCormick, SC. We asked the community if they would care to respond - and boy they did! The thread is worth reading.
This week we are proud to welcome our newest Top Listing, Brandermill Woods
, an adult rental community in Midlothian, VA. Thanks for supporting Topretirements!
For this edition's community profiles we are featuring 2 new communities and 2 established ones.
This new community from Del Webb opened earlier this year with every kind of amenity. There are indoor and outdoor pools, pickle ball, a giant fitness center and more. Del Webb is an established name in active communities.
This community is an example of what is happening in the active adult community world - it has a new owner. This is generally a good thing, particularly if the new owner has deep pockets and is committed to the project. CantaMia is an interesting community within a larger master planned development.
This community on Rt. 41 in Fort Myers is the classic, stand-alone active community. It was established about 40 years and then expanded for another 15. Owned by its residents, this community is well managed and quite a bargain. Average age will be higher than any newer community.
Here in retirement-friendly Delaware is this low-key community, which offers a lot of value on a small scale. There is a clubhouse, outdoor pool, and active home owners association. Single family homes from the high $100's.
We invite you to explore more communities - there are over 1450 in this directory:
Looking for Information about where to Live for 19 Different Lifestyles?
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Is your community listed at Topretirements? There is no charge to list your active adult or 55+ community at Topretirements.com. Call 203 415 4792 for help.
Our Schedule: This weekend edition of our newsletter, which focuses on 55+ and active adult communities, is published about 20 times per year. The weekly Wednesday newsletter delivers timely articles about general retirement issues and best places to retire.