55+ Communities?

[mam88k]

The one thing I can add to the great advice that’s already been provided is that I had a family member move into a 55+ community and it turned out the median age of the residents was around 71, so she had a social disconnect with much of the community. She had relocated to another state and did not have friends/family nearby and had been hoping to make new friends where she lived. Nice people, but wasn’t what she was hoping. Just putting this out there because she said that was something she had never considered. But that’s just one example. Good luck!

[JavaJunkieDC]

I have looked at a few 55+ communities (rentals) in the Richmond area online, and my annual income of $72,000 makes me too rich to live in any of them. I must be doing something wrong?

[Charlie&Rose]

Originally Posted by JavaJunkieDC

I have looked at a few 55+ communities (rentals) in the Richmond area online, and my annual income of $72,000 makes me too rich to live in any of them. I must be doing something wrong?

Why would they care how much you make, as long as you are 55?

[JavaJunkieDC]

Originally Posted by Charlie&Rose

Why would they care how much you make, as long as you are 55?

I have no idea. That’s what I want to know.

[VA Yankee]

Originally Posted by Charlie&Rose

Why would they care how much you make, as long as you are 55?

Some communities were expressly developed for those of a more modest income, think of it as subsidised housing for seniors. But there is plenty of 55+ communities where you only need to have an income above a certain threshold to be eligible to move there.

[JavaJunkieDC]

Originally Posted by VA Yankee

Some communities were expressly developed for those of a more modest income, think of it as subsidised housing for seniors. But there is plenty of 55+ communities where you only need to have an income above a certain threshold to be eligible to move there.

I've literally never seen that. I've only every seen the income restricted ones.

[Charlie&Rose]

Originally Posted by JavaJunkieDC

I have no idea. That’s what I want to know.

Check out 55places.com.

[YorktownGal]

Originally Posted by Joe.Bloux

I am debating whether or not to get a place in a 55+ community. The pluses are: I like the town (New Kent); it is convenient to both Williamsburg & Richmond; I can afford it; it is new.
The negatives are: it is 55+ only; if something should happen, none of my kids could stay with me (they are in their early to mid 20s); is there a good resale value to a 55+ community?


My other option I am looking at is a new community in the 23223 zip code. I have read that is not a good area; however, I did drive to where they are building the townhomes and that neighborhood is nice. I just did not like the drive into the neighborhood from Nine Mile Rd & Laburnum.

Any thoughts are appreciated!

I know a lot of people in Colonial Heritage, Williamsburg. It's 55+ community.

I don't know about Colonial Heritage but many 55+ communities allow older adult children to live with a parent.

[Rabrrita]

If you're looking at sites like Apartments.com or similar, most just show the subsidized or subsidized development housing when you select 55+. Try a general internet search for "active adult communities" in the area you're interested. That should return most 55+ age restricted private communities. However, the ratio of rentals to ownership is small for rentals in these communities.