Here is an excellent article from Yahoo Finance, mostly about Active Adult Communities. It address what they are, typical costs, amenities and activities, and the perceptions both real and marketing wise.
I had written about the positives of Active Adult Communities and sometimes it looks like it is all positives. So for the last few months I have been asking people, especially people who live in Active Adult Communities, what are the negatives.
On a recent 15 day cruise to Hawaii we had 4 days at sea going and 4 days at sea returning.Â This gave us a lot of relax time to talk with wonderful people we met living in Active Adult Communities in California and Arizona. These were mostly Del Webb Communities. They could talk for hours about the positives. When we finally asked them about the negatives, it took them a long time to come up with anything.Â That is a good sign!
1. Number one complain was the Homeowners Association.Â The HOA were to restrictive, or too noisy, too petty. I know in any subdivision that has a HOA they came become like little dictatorships and really piss people off. When you add all the additional restrictions an age qualified community must have, then all the more to deal with. Also mentioned was neighbors reporting neighbors for violations. Even some taking to doing their own inspections vigilante style.
2. Several residents of the communities originally built by Del Webb in CA and AZ felt the new homes built in their communities after Del Webb sold out to Pulte were not up the the same standards of quality.
The following comments were related to us from a third part.
3. One 50ish couple from Atlanta didn’t like the Hilton Head Active Adult Community they bought in, so decide to sell and move back to Atlanta. They feel the residents were too old for them. One article we read said: Be sure to find out the average age in the community. Older developments tend to have older residents, which, for many youth-seeking boomers, might just be a deal breaker.
4. A couple of people did not like The Villages in Central Florida. It may be been too large for them.
There is always the stories of people moving across the country to live in a new community but later deciding they wanted to move back to be close to their long time friends and relatives. I don’t think that is a negative of the community itself.
Some people that have never lived in an Active Adult Community say they would not live in this type community because all the residents would be older and they like the diversity. I don’t take that as a negative of the community, just one person’s view. The next person may think it is wonderful opportunity to meet new friends and socialize during the day with people who don’t have to be at work.
I would like to know if you have negatives about Active Adult Communities. If so please click on the title to this post and reply with your comments.