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Buying a Home or Buying a Lifestyle?

At any stage of your life, buying a home is much more than buying a place to “hang your hat”.

Through the early years many factors defined the lifestyle that your home could provide.....proximity to work....a neighborhood in which to raise your children... availability of good schools...a community convenient to friends and family.

As you approach your next milestone of real estate ownership....the home in which to enjoy your retirement and leisure years....other considerations come into play. Certainly, proximity to family and friends remains an important criterion for most active adults shopping for a new home. But “lifestyle” begins to take on a new shape as you think about the “new” life you are now free to lead

Freedom....leisure....fitness...recreation...establishing new friendships to augment the old....these are among the elements shape and define the active (over 55) adult lifestyle.

What do new home buyers in today’s active adult market seek? Clearly, freedom is a major desire....freedom from those home maintenance chores that used to take up so much of one’s time. Freedom to lock the door and leave worries behind when it’s time to expand one’s horizons through travel. Freedom from having too many rooms to heat or possessions to look after.

Leisure.....what does leisure mean to you? A daily round of golf? A few laps in a heated pool? A friendly card game or a set of tennis? If activities like these are what you seek, then seek out an adult community that provides these and more with a clubhouse, golf course, tennis courts or other recreational facilities. The clubhouse lifestyle isn’t for everyone. While the facilities a well-designed clubhouse can provide offer the opportunity for meeting new people and making friends, many in the 55-plus set already have a busy and active social life. For these home owners, proximity to those friends and the places they enjoy... a nearby country club...shopping....theaters.... restaurants... and museums is a more important consideration.

Once you have selected the community that provides the amenities you desire, the next consideration is your new home itself. In many cases, active adult home buyers are looking forward to a home size that is more manageable now that children are on their own. But what are the facilities that are most important to you?

Most active adult communities offer 1 and 2 bedroom and 1 ½ or 2 bath homes. What other features will you want?

  • A “bonus” space that could be an extra bedroom and bath for an extended family member, grandchildren or guests
  • A room to use as a home offi ce, hobby room or den
  • Extra storage facilities, such as those offered in some mid-rise building communities with basement storage rooms
  • A sunroom, screened porch, covered balcony or patio
  • A one or two car garage

Do you need to consider the current or future needs of a household member who may have special living requirements?

With the sale of your current home, you may realize a nice profi t which you may want to put into options and special selections for your new home. When reviewing communities investigate what is being offered. Does the community have a Design Center and/or a design coordinator to assist in making these selections?

Finally, consider the neighborhood surrounding your community. If it is one you are not familiar with, investigate the services and facilities that are nearby including shopping, dining, cultural venues, medical centers and services, easy access to major roads and transportation centers, houses of worship and educational facilities that may offer new learning experiences or hobbies to explore. Is a city or a suburban setting right for you? Are you looking for proximity to mountains or the Shore?

Active adult communities abound. Something for everyone is available. Take your time to investigate all of the possibilities and fi nd the new home and new lifestyle that is right for you!