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Active adult condominiums

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As you explore senior living options, you may run across the term active adult communities. What are they and how do they differ from other types of senior living communities? These are communities that offer relatively maintenance-free independent living residences to those age 55 and over. There are two types of active adult communities:. Residences in these 55 and over communities can be owned or rented single-family houses or patio homes, townhouses, apartments, condos or even mobile homes.
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Active Adult Communities

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The Pros & Cons of 55+ Active Adult Communities | myLifeSite

Note: There are other types of age-qualified communities for seniors as well, among them continuing care retirement communities [also called CCRCs or life plan communities] and rental retirement communities. These communities can be comprised of single-family houses, as well as multi-family patio homes, condominiums, or townhomes, with units that are owned by the resident as opposed to a rental community. Often, this type of 55 and over community will be built near shopping, restaurants, parks, and other attractions, since residents are still eager to live an active lifestyle into their retirement years. Residents are able to enjoy other aspects of their retirement years, without the burden of maintaining a yard or dealing with other exterior home maintenance chores or repairs. Other than the HOA dues and a mortgage payment, if applicable , there are no other monthly fees required for residents in an active adult community.
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Active adult communities are becoming increasingly popular among baby boomers entering retirement. These active retirement communities are designed to complement active adult living and usually feature low-maintenance homes, resort-style amenities, and proximity to healthcare and entertainment. Some are age-restricted over 55 communities, while others are simply age-targeted and non-restrictive. Location is key to an active adult lifestyle. Active adult communities provide quick access to daily conveniences, with locations near shopping centers, restaurants, cultural attractions, airports, and metropolitan areas.
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