Is a 55+ Community Right for You?

August 13, 2019

 

There is an increasing market for “55 and up”communities in the DFW area, so  pocket communities that cater to residents over 55 years of age, are swiftly gaining popularity throughout DFW.  These are great options for the buyer who wants it all.

 

Buyers in these areas often have more money to spend on their home than the typical home buyer so it is no surprise that DFW developers have risen to the occasion and provided some pretty amazing homes.  Many of these neighborhoods have homes starting around $300,000 and some offer customization of their homes, so the sky is limit on price.

 

Amenities at these communities include access to golf courses, swimming pools, pickle ball courts, fitness centers, walking trails and  green spaces.   Some have activity centers with specialty classes and events ranging from learning a second language to bridge and book clubs.  There are even neighborhoods with kayaking, paddle boarding and sailing.

 

So, besides great activities, what should you look for in a house in a 55+ community?  As with any new home, a good builder with a solid reputation is key.  A good warranty program is important, as with any new home.  Low maintenance homes with high energy efficiency and  a financially stable HOA are also important.

 

As you grow older, you will appreciate a home that has most of the living space on one level.  Most floor plans in these communities offer few steps and stairs, but here are a couple of other things to think about:

  • Doorway width-  The doorways in the master bedroom and bath should be wide enough to accommodate a wheel chair or walker if needed at some point in the future.

  • Showers and bath walls should be blocked-  That means they should framed in a way that handrails can easily be added if needed at some point in the future.

  • Proximity to medical care- As you grow older, being close to hospitals and medical facilities is of increasing importance.

  • HOA rules in some of these communities can be very strict-  Be aware of restrictions on the number of guests you may have, and other limitations, such as street parking, extra car parking, etc.

  • Fees for activities that you may not use- Many of these neighborhoods have basic HOA dues and you pay extra for the services or activities that you actually use.  Others may bill you monthly whether or not you use the services at all.  Make sure you know what amenities are included with your HOA dues and what could potentially be an extra cost.

 

Another factor to consider is how long the community will be in development stage.  You want to know if you are going to be living among construction for a year or a number of years.  

 

So, if you are over 55 years old and thinking of a new home, you have some great options...Check out some of the 55+ communities in the area.

 

Article by:

Don Neilson, Realtor

Keller Williams Urban Dallas

214-808-6989

 

 

 

 

 

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