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Reply to "Pro/Con of over 55 communities"
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[quote=Anonymous]I live in the Villages of Urbana and several of my neighbors have had their parents build new NV homes in our 55+ section and a new neighborhood, The Woodlands right across from the high school. I went to an event at the Woodlands community center and it was like you were staying at a resort. Absolutely beautiful. That being said, the prices for new construction in the 55+ sections are insane. I know someone who spent $1mil. on their retirement home there. I would think a big downfall would come when it's time to sell. That's a high price tag and small pool of buyers who qualify to live there. Plus, aside from a first-floor primary bedroom I can't see how you would age in place once the time comes for additional care like you might find in a traditional retirement community. That being said, my friends and their parents love living near each other, and we see a lot more grandparents at kids' games.[/quote]
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