Will an Age-restricted Community Work for You?

Posted by Debbie Drummond on Monday, June 17th, 2019 at 11:15am.

Age-restricted Community BasicsActive adults that have more home than they need may be looking to buy a new home to meet their current lifestyle. It can be useful to find a home that will provide the support and community needed in the next stage of life. The age-restricted community is a great idea for some who are looking to make a change.

For informational purposes only. Always consult with a licensed real estate professional before proceeding with any real estate transaction.

Gain Access to More Amenities

An age-restricted community can provide residents amenities such as game night, community pools and a private golf course. Much depends on the type of community and how is it run by the HOA. This can be a nice alternative for social adults that want to stay active.

Deal with an HOA

Restrictions may come with living in a community governed by an Homeowners Association (an HOA). There are bylaws that may be unusual for some. It may be necessary to get approval for minor changes or to add solar panels to a home. An HOA helps create a level of consistency in the appearance of homes in the community but may be stringent in their application of specific regulations.

Outsource Routine Maintenance

Focus more on a lifestyle when choosing an age-restricted community. Paying monthly fees often covers costs such as snow-shoveling and pool maintenance. Eliminate the time needed for lawn care and landscaping. The costs of dues can range and residents may be subject to additional expenses.

Communities Differ

Start looking at age-restricted communities a few years before a move. A potential new Seven Hills home buyer then has ample time to find a home that will best suit specific needs. Working with an agent that specializes in finding homes in 55-plus communities can make for a smoother home buying process.

For informational purposes only. Always consult with a licensed real estate professional before proceeding with any real estate transaction.

Debbie Drummond  is a Full Time Realtor with over ten years experience in the Las Vegas Real Estate Market. She and her team of Real Estate Pros offer the highest level of service.  If you’re buying or selling a Las Vegas home, call (702)354-6900 or email Debbie@LVHomePro.com. They’ll be happy to assist you in your move.

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