Top Reason's People are Buying in Active Adult Communities
Top Reason’s People are Buying in Active Adult Communities
More and more people are choosing to purchase their retirement home in a planned Active Adult community. These age-targeted or age-restricted communities have become in high demand over the past 18-24 month, even during the pandemic. Why are so many buyers choosing to purchase in these types of developments?
Developers are spending more time catering to the 55+ buyer
More than ever, retirement-aged buyers have options when choosing a place to settle and live out their last years. Single-family home communities geared toward the 55+ buyer are not a new concept – they’ve been around for many years. Residential land developers are taking this concept and adding elements specifically catered to the demographic - making them more desirable and honestly, they are selling fast. Examples of these elements include age-appropriate fitness offerings, community interest clubs, programmed social events, onsite community staff and affordable housing with floor plan and design options.
The ability to live a low-maintenance lifestyle
Our active adult communities are specially designed with a retirement-friendly, low-maintenance lifestyle in mind. Because of this, residents are able to enjoy other aspects of their retirement years, without the burden of maintaining a yard and other repairs or chores. We often notice that this is one of the primary reasons people are choosing to purchase a home in a planned Active Adult community.
Opportunities to make friends with people in the same stage of life
Buyers in this demographic might not always go into their search for this reason but quickly find out that this is a very important part of retirement. We’ve seen entire streets all become instant friends within weeks of moving in. Because there is already a common element between the homeowners – age – it’s easier for them to make friends and share life experiences, hobbies and even find love again.
Quiet environment, mostly kid-free
While grandchildren are always welcomed, age-restricted communities often have more policies on when younger visitors can be onsite - mainly at the community amenities. Developers are choosing to place 55+ Active Adult pocket communities within already established or already planned master-planned communities – creating communities filled with multi-generational residents. Now there are options for almost every stage of life in these larger master-planned communities by providing a diverse list of amenities, price points, floor plans and activities. This is satisfying a demand and allowing families to now all live within the same community, only streets away from one another.
Ability to travel more & worry less
Many people entering retirement and shortly after are looking to downsize from their family home. Aside from providing a variety of floor plan options and design elements, downsizing often gives these buyers the financial ability to travel more. For those who desire to travel and spend time on the road, an Active Adult community provides a “lock and leave” lifestyle without the worry.
A focus on health and built-in amenities right outside your door
One of the biggest selling factors for most buyers when touring a community is the amenities. Once buyers can see the amenities for themselves, they start to visualize living in that community. Examples of amenities include fishing docks, swimming pool, Bouchée ball courts, tennis court and fitness rooms. Communities are also featuring more opportunities get outside and stay active. Now more than ever, communities are choosing to create a healthier lifestyle for residents by adding community gardens, scheduling yoga classes and cooking classes.