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Development of Active Adult Communities


Development of Active Adult Communities
With the popularity of active adult communities rising, competition is as fierce as ever. Gone are the days when most retirees moved to the state of Florida to live out the final years of their life. These same people are now deciding to stay closer to home so that they are in their comfort zone, as well as near their family. In addition, a lot of the people that moved to Florida shortly after retiring are now moving back home. They experienced life in the sunshine state for a couple of years, but again have found that home is where the heart is.

With competition rising, active adult communities are looking for ways to set themselves apart from the rest. This may seem easy enough, but there is really only so much you can do when it comes to this area of the housing industry.

The number one thing that active adult communities are offering members is the ability to take advantage of numerous onsite features. In other words there is much more to one of these communities than a simple place to live.

The newer active adult communities that are being built are coming with state of the art clubhouses as well as games such as shuffleboard and bocce. These are the things that draw in retired folks because it gives them something to do. Developers of active adult communities know that if they can offer more activities to potential residents that they will quickly sell out of space. But with everybody using this plan to gain ground, it sometimes takes a unique outlook to move head and shoulders above the rest.

Keeping the price down is also a main goal of active adult communities. Retirees are on a fixed budget, and anytime they can get something for cheap they are going to do it. If there are two active adult communities in the same area, chances are that they will stray towards the one that offers them a better price. In new developments, homes can come in a varying price range, but in most cases $140,000 is common. This allows residents to have a nice home without having to break the bank.

The competition between active adult communities is really going to heat up as the baby boomers continue to reach retirement age. It will be interesting to see what these communities come up with in order to bring in new residents.


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