Choosing the Right 55+ Community is contributed by Jenn Eddleman, Broker/Seniors Real Estate Specialist, of Windermere Real Estate. This is published in Vibrant Senior Options Resource Guide Magazine, Fall, 2025
As a real estate professional specializing in senior housing, I frequently help clients navigate the transition into 55+ communities. Understanding your options is crucial for making the best decision for your lifestyle and budget. Here is a breakdown of the three most popular community types, along with their key advantages and drawbacks.
Single-Family Residences
Pros:
Single-family homes in age-restricted communities offer the most privacy and space. You’ll typically have your yard, garage, and freedom to modify your home, although there may be CC&Rs (Covenants, Conditions, or Restrictions) or HOA (Homeowner Association) rules governing updates. These communities often feature amenities like clubhouses and fitness centers. Property values tend to appreciate well.
Cons:
Single-family homes require the most maintenance responsibility and carry the highest price tags. Even in 55+ communities, you will likely handle exterior upkeep and major repairs, and you may or may not still be responsible for landscaping. Larger spaces can become challenging to maintain as you age.
Condominiums
Pros:
Condo living strikes an excellent balance between independence and convenience. The homeowners’ association handles exterior maintenance and landscaping, often including amenities like pools and fitness facilities. You’ll own your unit while sharing common area costs. Many developments offer elevator access and single-level living. “Detached condos” bridge the gap between single-family homes and traditional condos, offering privacy with maintenance-free benefits.
Cons:
Monthly HOA fees can be substantial and typically increase over time. There are often community rules regarding renovations and pets. Special repairs can create unexpected expenses, and resale can be more challenging in some markets.
Mobile Home Parks
Pros:
Mobile home communities offer the most affordable entry into 55+ living. Home prices are generally lower, and many parks feature clubhouses with active social communities. Homes are typically single level, making them accessible as mobility changes. Many parks are gated, which provides added security.
Cons:
Mobile homes usually will not appreciate at the rate of single-family homes and condos. Site rent for the leased lots can vary widely from park to park, as can park approval requirements and pet policies. Financing options are more limited. You are responsible for maintenance of the structure and your individual lot, which can result in added expenses.
The Bottom Line
Each option meets different needs and budgets. Consider your long-term financial goals, desired maintenance responsibility, and lifestyle preferences. Consider visiting multiple communities in each category to experience the differences firsthand before making this important decision.
Jennifer Eddleman, Realtor, SRES
Full-Time Realtor
Senior Real Estate Specialist
Phone: 360-333-4048
E-Mail: jenneddleman@windermere.com
Vibrant Senior Options Resource Guide Magazine
