Buying 55+ Communities in Salt Lake

By
Real Estate Agent with Group1 Real Estate, selling houses in Salt Lake City Utah

Buying in 55+ Communities in Salt Lake

Adult community

Adult Communities

Information On Buying Real Estate In 55+ Communities In Salt Lake

Buying real estate in 55+ communities is similar to other types of properties, however, there are some notable differences. 55+ communities may contain unique features, amenities, and regulations. This blog outlines information on buying real estate in 55+ communities in Salt Lake.

What Defines 55+ Communities

55+ communities have certain age guidelines. The exact criteria depend on the specific community. Some dictate that at least one occupant be a minimum of age 55 while others are stricter and mandate that all residents to be at least 62 years of age, making it a 62+ complex. Some allow children while others restrict them. It is important to become familiar with these and other restrictions prior to moving forward with a purchase.

Popular Features

55+ communities are designed to foster maintenance-free living for its residents. Most include specific amenities. Golf courses, tennis courts, pools, gyms, and recreational facilities are very typical. An association is generally in charge of routine maintenance of the grounds, property exterior, and common facilities. Many may also offer recreational programs for its residents. Be sure to inquire about any fees for these things.

Homes within 55+ communities typically come with particular features. Among these are a master bedroom on the first level, smaller plots of land, and energy efficient appliances. For new construction homes, some enhancements may be optional. Model homes are commonly enhanced to showcase add-on amenities, so do not presume that all things in a model are included.

What Others Say About 55+ Projects

Is a retirement community for you? - Bankrate.com

 

Bankrate.comIs a retirement community for you?Bankrate.comOver the Thanksgiving holiday, I spent a day with my wife's relatives. Our hosts live in a 55-plus community, are in their mid-60s and are considering the timing of their next move into a cont ...

Read more ...


 

Independent Living Can Help You Travel Worry-Free
Traveling is a wonderful experience, but it can be stressful when you’re worrying if your home is safe and being maintained. Eliminate this worry from your life by learning more about Methodist Retirement Communities independent living options! http://ow.ly/Vum08

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Buying Real Estate In 55+ Communities In Salt Lake

Every community offers a unique environment and lifestyle. This is influenced by age restrictions, rules, services, home features, location, and residents. It is worthwhile to review and weigh all of the details on a particular community. Working with a real estate broker who understands 55+ communities may make a big difference in your buying experience. Your real estate broker can help you gather community paperwork, suggest things to inquire about, and help you make an informed decision about buying real estate in 55+ communities in Salt Lake.

 

 

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Rainmaker
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Barbara Todaro
RE/MAX Executive Realty - Franklin, MA
Marketing Agent for The Todaro Team

Good morning, Gordon Sloan the need for 55+ housing is growing.... we are hoping to list several in the near future...

Jan 02, 2016 08:02 PM #1
Rainmaker
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Gordon Sloan
Group1 Real Estate, selling houses in Salt Lake City Utah - Salt Lake City, UT
Salt Lake Homes For Sale, Salt Lake Real Estate

Thanks for stopping by Barbara. I notice you do mentoring. Do you do tutoring or consulting?

Jan 04, 2016 11:17 PM #2
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Rainmaker
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Gordon Sloan

Salt Lake Homes For Sale, Salt Lake Real Estate
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