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New or Existing Community Pros and Cons

 
 
Weekend Newsletter: August 20, 2011
    TopRetirements.com
 
The Better Option: A New or Existing Community?
 
 
Welcome to our occasional weekend newsletter, which focuses on interesting active adult and 55+ communities and the issues surrounding them.  This week's feature explores the pros and cons of an issue we hear a lot of discussion about: Is it better to buy in a new active community, or one with a few years under its belt? The image above is of Sweetgrass, a new community from Del Webb in Houston.
 
Featured Article:
Dilemma: Should You Buy in a New Community - Or an Existing One?
With the current state of the real estate market and active adult and 55+ communities, many baby boomers are puzzled over whether to buy in a new community - or one that has been around the block. It's a darn good question with many conflicting reasons for each. Here's our list of pros and cons; we hope our members will add to it.
Pros and Cons
 
Earlier this week we had a couple of very negative posts in our Forum about Savannah Village in McCormick, SC. We asked the community if they would care to respond - and boy they did! The thread is worth reading.
 
Community Profiles: 
This week we are proud to welcome our newest Top Listing, Brandermill Woods, an adult rental community in Midlothian, VA. Thanks for supporting Topretirements!
 
For this edition's community profiles we are featuring 2 new communities and 2 established ones.
 
New Communities
Sweetgrass - Houston, Texas 
This new community from Del Webb opened earlier this year with every kind of amenity.  There are indoor and outdoor pools, pickle ball, a giant fitness center and more. Del Webb is an established name in active communities.
 
CantaMia, Goodyear, Arizona 
This community is an example of what is happening in the active adult community world - it has a new owner.  This is generally a good thing, particularly if the new owner has deep pockets and is committed to the project. CantaMia is an interesting community within a larger master planned development.  
 
Established Communities
Seven Lakes Golf & Country Club - Fort Myers, Florida 
This community on Rt. 41 in Fort Myers is the classic, stand-alone active community. It was established about 40 years and then expanded for another 15. Owned by its residents, this community is well managed and quite a bargain. Average age will be higher than any newer community.
 
Bay Crossing - Lewes, Delaware
Here in retirement-friendly Delaware is this low-key community, which offers a lot of value on a small scale. There is a clubhouse, outdoor pool, and active home owners association. Single family homes from the high $100's.
 
We invite you to explore more communities - there are over 1450 in this directory:
 
Looking for Information about where to Live for 19 Different Lifestyles?
Check out our new website - BestPlacesinUSA.com 
 
Promote Your Community! Is your community listed at Topretirements? There is no charge to list your active adult or 55+ community at Topretirements.com.  Call 203 415 4792 for help.
 
 
Our Schedule: This weekend edition of our newsletter, which focuses on 55+ and active adult communities, is published about 20 times per year. The weekly Wednesday newsletter delivers timely articles about general retirement issues and best places to retire.
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