February 28th, 2006
New Homes are Smart Investment for
Active Adults
Lacey, WA — Downsizing for retirement doesn’t mean giving up gardening, woodworking and other joys of home ownership. An active adult community might be a good option.
This niche of new home construction is growing across the country, says Christine Bachman, Vice President of Marketing for Jenamar Communities, LLC. Restricted to people in their 50s or above, active adult communities combine low-maintenance homes with a lifestyle focused on recreational and social activities. See www.JubileeLiving.com.
“Some of us call ourselves recycled teenagers,” says JoAnn Mesojednik, a resident of Jubilee at Hawks Prairie, an active adult community. “Living here gives us a chance to do things we didn’t have time to do before.”
Jubilee at Hawks Prairie, developed by Jenamar Communities, is an award-winning master planned community located near Lacey, Wash. The single-story, craftsman-style homes are built with quality and practicality for active adults age 55 or better. Home buyers can choose from 13 floor plans, ranging from 1,156 to 2,584 square feet.
The goal is to create a comfortable place to transition from the working years to an entertaining and active retirement lifestyle.
Residential real estate continues to be a bright spot for the economy, so home ownership at retirement is a smart investment, Bachman says. For example, the average Jubilee home has gained 25 percent in value since the community opened in February 2004.
Older buyers will cause the greatest increase in demand for new homes in the next decade. What’s behind the rush of activity from people age 55 or better? Their population is growing, they control most of the wealth and resale homes weren’t built for their needs.
Active adults want to retire in new homes close to family and friends. They want opportunities nearby for employment, dining, health care services and community festivals.
These busy people also look forward to a shorter list of household chores. But a smaller home doesn’t have to sacrifice space, Bachman says. She recommends home buyers look for open living areas that can be rearranged as residents’ needs change. Natural lighting and flexible living areas will make life easier in the later years.
Active adult communities give residents the chance to create a home that fits their lifestyle, and fun activities provide resort-style living. It’s an investment that will pay off in the years to come.
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Contact:
Christine Bachman
VP Marketing
Jenamar Communities, LLC
(360) 455-1441, ext. 232
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