Will an Age-restricted Community Work for You?

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.

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