The Active Adult Community.....There Is A Need

Reblogger Ed Silva
Real Estate Agent with RE/MAX Professionals, CT 203-206-0754 REB.0759001

This well written post on 55+ Adult communities says it all for people looking to simplify their life. Here in Prospect, Ct we have 2 Adult condo communities, Boulder Brook with 35 units only one currently available, and the Toll Brothers Regency development which offers the Community building, pool and many social activities for the young at heart.

We also have 55+ complexes in nearby Naugatuck, Middlebury, Wolcott and Cheshire. Call us for additional information.

Original content by Barbara Todaro

Why do many of the 55+ age group decide to move to an Active Adult Community?  My team and I have three active adult communities to market.  We always have this conversation with the buyers before they close.  The reasons are many and here are a few of them:

•1.        It's time to downsize.  The children are on their own, and the seniors don't need all of that room and their costs (taxes, ins., etc.) would be reduced.

•2.       The cost of heating and cooling a large home is beyond what they want to spend.  They are heating and cooling space that is never used.

•3.       The cost and effort needed to maintain the grounds in the summer and plowing in the winter months are management intense.

•4.       Their existing home is in need of updating/repairs and they don't want to be bothered with shopping for the best deal and then living with the remodeling mess.

•5.       It's time to enjoy life.  They want to devote their extra time to traveling and playing. 

•6.       They want to live in a new home with their own selections of décor.  That's exciting for this age group because most of them have never built a new home.  Many think ahead and incorporate handicapped accessibility during construction.  The hallways and doorways are made wider and one handicapped bathroom is installed.

•7.       They also love the idea of living around people of their own age group.  They have a lot in common, and they make friends very easily with each other.  Some of them eventually travel together.

8.         The most important feature is the first floor master bedroom suite for total convenience.  Even if the condo is a two story unit, the master bedroom is always on the first floor.  Ranch style units are very desirable, but they are priced higher because of their increased cost to build.

In our area, very few of the active adult communities have clubhouses, swimming pools or other on site activities.  Our communities range in numbers from 25 to 60 units.  They are small subdivisions compared to what one finds in a resort area, but the basic function of this type of concept is to provide a reasonably priced, practically sized new home or condo for an active age group. 

It enables them to retire in the company of others their own age.  It enables them to feel safe and secure in the future, should a spouse pass away.  There are many adult condos purchased by single males and females.  It's a wonderful zoning concept, and I feel there will continually be a need for this type of housing.  The Baby Boomers are in their infancy stage of making this move.   

                

             

                

               "The #1 Team in Franklin's #1 Office"

            

             www.franklinmahomesales.com

                  

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Connecticut New Haven County Prospect
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adult communities
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Rainmaker
469,278
Kenneth Cole
Weichert Realtors Appleseed Group, 2043 Richmond Ave. S.I.N.Y. 10314. office phone 718-698-9797, Appleseedhomes.com... - Staten Island, NY
NYS Licensed Real Estate Salesperson

Ah the "Golden years"  something to look into when I take EARLY retirement at 80 years of age.

May 18, 2010 05:52 PM #1
Rainmaker
1,227,842
Al & Peggy Cunningham Brokers, Brampton Ontario Homes For Sale 905-450-5500
RE/MAX Realty Services Inc. - Brampton, ON

This is a great concept Ed, we however are probably like Ken above, in our 80's showing homes in wheelchairs, we will own all the sales in those retirement homes LOL!   

May 19, 2010 09:14 AM #2
Rainmaker
343,078
Jenny Kotulak
RE/MAX Real Estate Centre Inc., Brokerage - Oakville, ON
Broker - Oakville Ontario Real Estate

Hi Ed, we don't have any adult communities in our area.  For years we didn't even have enough senior residences/retirement homes.  Now there are lots.

I recently went to a seminar about senior's housing and by 2015 there will be so many baby boomers ready to retire and downsize and unfortunately not enough first time buyers to buy their homes.  So tell your seniors not to wait until 2015.

May 19, 2010 10:14 AM #3
Rainmaker
286,579
Jonathan Hall
William Pitt Sotheby's International Realty - Danbury, CT
Realtor - Danbury,CT Area Real Estate~203-417-0523

Good post. There is a real lack of affordable 55+ communities in the Danbury area, which I can see as problem done the line.  When I look at the non designated adult communities, there is a real lack of well sized ranch style units for people going out of 3000 square foot colonials. In addition to an under supply of ranch styled, many units that might work in terms of space have a lot of steps into the front door or have the garage located at the basement level.

May 19, 2010 03:12 PM #4
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Ed Silva

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