The benefits of age-restricted (55+) apartment community living you may have overlooked
Apartment living is becoming more popular than ever before, and for good reason! Many mature adults can hardly remember a time when they were not homeowners and assume that renting an apartment is a less cost-effective housing option.
This is why we have put together the Top 5 Benefits to apartment community living to shed more light on this new shift in living options:
1. Say goodbye to upkeep hassle and costs!
You finally get to a breaking point as your home struggles to keep cool during the 90+ degree days. It’s time to replace your air conditioning unit. You know it’s going to cost more than you want it to, so you’ve been putting it off. And the process of gathering quotes is exhausting enough…now what?
When you rent an apartment, you are not responsible for any maintenance or repair costs. This means that if something goes wrong with your apartment, such as a leaky faucet or a broken appliance, you can simply call the maintenance staff to have it fixed. This can save you a significant amount of money, stress and time compared to owning a home.
2. No property taxes or HOA fees:
That pesky Homeowner’s Association is at it again! Fining you for leaving your garbage can at the road a few hours too long, all while raising fees year after year. Does it really have to be like this?
As a renter, you are not responsible for property taxes and, in the case of our communities, HOA fees. This can be a significant savings compared to owning a home, where property taxes and fees can be a substantial and sometimes unexpected expense.
3. Sought after amenities:
Our communities offer amenities such as a fitness room, pool, multi-sports courts, hair salon and more. This can greatly reduce the amount spent on monthly memberships and make the process of enjoying these offerings much more convenient.
4. Reduced transportation costs
Bid farewell to costly and stressful transportation woes! Many of our communities offer transportation to area attractions and medical appointments free of change! So, whether it’s being able to enjoy a dinner out with neighborhood friends or needing a ride back from a medical appointment, we have you covered.
5. Flexibility
Renting an apartment provides a level of flexibility that is not available when owning a home. Life circumstances can change and take unexpected turns. Our community options are available in seven different states, allowing us to help you find the best living arrangement for almost any stage of life.
Apartment living can offer a wide range of potential savings compared to owning a home. With maintenance free living, no property taxes, amenities included, reduced transportation costs, and flexibility, it's easy to see why so many seniors are choosing to rent in order to enjoy this new phase of life to the fullest.
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