Buyer FAQs:

Buying a Home in a 55+ Community

Thinking of buying a home in an Active Adult or 55+ community in the Northwest Valley? Learn more and get answers to all your questions right here. Still have questions or ready to get started? Just give us a call!

buying a home in a 55+ community

What is a 55+ or Active Adult community?

It’s more than just a collection of homes—it’s a lifestyle! By definition, it’s an age-restricted community designed to bring together residents of similar ages likely in the same or similar stages of life, such as retirees and empty nesters.

things to know when buying 55+

Why choose 55+? What are the pros of living in a 55+ community?

Active Adult communities are designed to promote active, healthy, and social lifestyles among older adults. As such, they often offer a wide range of amenities—like pools, fitness centers, or sports courts—and activities—like clubs and interest groups, classes, and social events. Additionally, there are usually low-maintenance living options.

55+ home buyers

Are there disadvantages to choosing 55+?

Because these communities are tailored to a particular lifestyle, some might find the 55+ lifestyle a little limiting. There are restrictions as to who can live in the community, which might make the population seem a little less diverse. There may be restrictions on pets, visitors, parking, and building or landscaping changes. There are typically HOA or amenity fees, and if you don’t use the amenities, it can feel like a waste of money. Active Adult communities aren’t for everyone.

55+ home buying faqs

I’m under 55. Can I still live in an Active Adult community?

It really depends on the community. Many follow the “80/20” rule, which states that 80% of residents must be over the age of 55, leaving some flexibility with the remaining 20%. Each community can set its own rules to determine whether spouses of 55+ residents or those in a younger age group, like 45+, can live in the community.

what to know about buying 55+

Can my children or grandchildren live with me in the community?

Usually, children under the age of 19 aren’t permitted to live full-time, though again, it does depend on the community. Usually, there are exceptions for qualified caregivers.

tips for buying a home in a 55+ community

What should I look for in a 55+ or Active Adult community?

Choosing the right Active Adult community isn’t just about picking the home or even the amenities. There’s a lot more to take into consideration, like restrictions, types of homes available, the clubs and activities, the management staff, the location within the larger community… Learn more about all that here!

Thinking of Buying a Home in an Active Adult Community?

If you’re thinking of buying 55+ in the Northwest Valley, then it’s time to contact Friedman Realty Associates. We’ll answer all your questions and help you learn everything you need to know to find the perfect home in just the right Active Adult community.

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