55+ Living Community

55+ Community Development Residence
A 55+ community is a residential development designed for active adults over the age of 55. These communities emphasize low-maintenance living, social engagement, and recreational amenities tailored to seniors. Many communities offer features like golf courses, clubhouses, walking trails, pools, and fitness centers, along with organized events and activities. Homes can range from single-family units to condos or villas, catering to various preferences and budgets.
Key Details
Pros: Age-Targeted Amenities: Access to facilities designed specifically for active seniors. Low Maintenance: HOA fees typically cover exterior maintenance, landscaping, and common area upkeep. Social Opportunities: Community events and clubs encourage socializing and building relationships.		Cons: HOA Costs: Monthly or annual fees can be expensive depending on amenities. Resale Market: Selling within an age-restricted market may take longer. Rules and Restrictions: Communities often enforce strict regulations on modifications, visitors, and rentals.
Best For: Retirees and active seniors seeking a vibrant, low-maintenance lifestyle with access to social and recreational opportunities. Sample Initial Costs Range: Budget: $90 - $200,000 Mid-Range: $200,000 - $500,000 High-End: $1,000,000 +
Sample Monthly Breakdown
Cost Item	Budget-Friendly	Mid-Range	High-End
Mortgage Payment	$800–$1,500	$1,500–$2,500	$4,000–$8,000
HOA Fees	$200–$400	$400–$700	$700–$1,200
Property Taxes & Insurance	$50–$250	$250–$500	$500–$800
Maintenance	$150–$300	$300–$600	$600–$1,000
Sample Monthly Total	$1,200–$2,450	$2,450–$4,300	$5,700–$11,000+