What Are the Benefits of Senior Condos?
If you’re considering moving into an active retirement community, this article can help you decide whether or not a senior condominium is right for you. Senior condos have specific advantages, including property ownership without home maintenance responsibilities, options to remodel or redecorate and much more.
Here are a few of the benefits of choosing a condominium and how they can improve your relationships, health, and lifestyle.
Invest in Property Ownership
Take control of your investment by owning a senior condo. You’ll gain all the benefits of property ownership, including:
- Tax benefits
- Steady costs
No More Home Maintenance
Senior condominiums may sound like a big responsibility, but you’ll enjoy property ownership without worrying about home maintenance. Oftentimes, a 55+ community will provide services like landscaping and will take care of maintenance issues as they arise.
If you’re tired of worrying about plumbing, lawn care and odd jobs around the house, a senior condo could be a great solution for you.
Remodel and Redecorate as You Wish
As the owner for your condo, you’ll have the option to remodel and redecorate your space to match your lifestyle. Styles, seasons and preferences change and so can your living space!
However, senior condominiums are usually designed with senior living in mind, so it may already fit your needs. Don’t settle for anything that doesn’t make you comfortable or match your style.
Luxurious Amenities and Engaging Activities
Most 55+ communities offer features, amenities and activities for their residents to enjoy. For example, Fox Hill in Bethesda provides access to the following:
- Garden, fountain and golf course views
- Art studio
- Fitness center
- 200-seat Performing Arts Center
- On-site full-service spa
- Woodworking shop
- On-site bank
Participating in hobbies and events can help eliminate the boredom people sometimes experience during retirement. You can invest in current passions or find new ways to spend time and meet new friends.
Another significant benefit of condominiums for seniors is the safety aspect. As part of a larger building and community, senior condos offer advanced safety compared to the average house.
In addition to locks and alarm systems, retirement communities often include healthcare centers where you can quickly access medical help. Families can rest assured that their family members are in close reach of professionals that can help when needed.
Improved Health and Relationships
Moving into a 55+ community and senior condo can improve your mental, physical and emotional health. One of the biggest perks of moving into a senior condo is being immersed in community and making friends. With access to a fitness center, you’ll be able to join exercise classes like yoga and water aerobics as well as walk-on trails and set fitness goals with instructors.
Mental and emotional health can also be improved with participation in educational programs and events. Whether you’re learning woodworking, gardening, painting, or attending a seminar, engaging in meaningful activities helps stimulate the body and mind.
Another advantage of owning a senior condo is the transportation services that are often arranged by a 55+ community.
Whether you need a lift to the movie theater or a medical appointment, you can usually contact a concierge to arrange transportation. You and your family can rest assured knowing that safe, reliable transportation is available when you want or need it.
Find the Perfect Senior Condo
If you’ve decided that owning a senior condominium is the right choice, you’ll want to explore which options are available in your desired location.
Whether you live near Bethesda, MD, or are considering relocating, you’ll want to check out why people love the lifestyle Fox Hill provides. Reach out today if you’d like more information or to schedule a tour!