In your relocation if you are considering moving into an age-restricted community (typically called a 55+ community or an Active Seniors Community) there are some things you may want to consider before you make a decision.

The age restriction itself - understand what this means for you, your spouse or partner, and any restrictions on visitors (e.g., can grandchildren come to visit and can they stay overnight, and for how long).

The community - do you want to be in a community where everyone is at least 55, or is more age diversity of interest (for some people this is exactly what they want, for others it is not what they are ready for). Is the facility readily accessible to local transportation, shopping, restaurants, and other amenities? What else is nearby the facility (are you near a major commerical area or is it residential)?

Security - some communities are gate guarded and others are not. Is a gate guarded community important to you and, if so, why? What other security measures are there? Is there information on crime in the area?

Amenities and Services - what specific amenities do you want to have on-site. Some places have their own golf courses, while many do not. Most typically offer a range of services, amenities (tennis, pool, spa, photography dark room, etc.), and organized activities, understand what the facility offers as well as what is really important to you. Are there things you are willing to do without?

Fees - are there additional fees for the Home Owners Association (HOA) and, if so, what do they cover? What things are you financially responsible for (e.g., roof, landscaping, exterior maintenance of the unit, etc.). Are there additional fees for activities or use of certain facilities (e.g., golf course)? Are there charges for guests to use the services, amenities and activities when they are visiting you?

Unit Purchase Costs - Are there any other costs associated with the purchase of such a unit other than the standard home buying costs?

Living Units - what types of units are offered (number of bedrooms and baths, single story vs. two story, attached vs. detached). Are there steps into the units or not? How many units are there (some people want a smaller complex, while others are comfortable with a complex of 1000 units).

Make sure you think through these and other issues before you decide. An age-restricted community offers much of what many older Baby Boomers and seniors want, such as many activities and less maintenance, and often at a better price, but it is not right for everyone. Take time to visit some communities with your REALTOR! And for more information on this subject, see my earlier post.