If you are 55 or older, you’ve likely reached a point when you are ready to start prioritizing a comfortable lifestyle, settling down, and living on your terms. You may be looking to downsize your home and start a new chapter. A 55+ neighborhood could be an ideal place to find a sense of camaraderie, make new friends, and start looking forward to your retirement in a safe, comfortable setting.
Could a 55+ community be a good fit for you? Consider these reasons to make your move.
1. Affordability
Investing in real estate when you are nearing retirement might sound like a risky financial prospect, but homes in 55+ communities can be more affordable than other neighborhoods – especially in Middle Tennessee, which has no state income tax and is consistently one of the nation’s most desirable places to live.
Before committing to the move, it’s worth doing your homework. Research refinancing, home equity loans, and mortgage options for older adults to make an informed decision and get a reasonably priced rate.
2. Amenities
Active adult communities enjoy low crime rates and plenty of amenities, with an emphasis on incorporating fitness into your daily life. You can always find something fun and easy to do, either alone or with your neighbors. Despite the abundant activities, 55+ communities still tend to be quieter and move at a slower pace than residential neighborhoods built for growing families with younger children.
3. Acquaintances
One difference you’ll notice right away when you move into a 55+ community is the camaraderie among the people who live there. Surrounding yourself with new friends can improve your well-being and quality of life as you move into your golden years, which is one of the most noteworthy benefits of living among like-minded adults. In a 55+ community, you can get acquainted with your neighbors and create long-lasting memories together. Even if fellow residents have different interests, they can still become as close as family.
Downsize on Your Terms in Legacy South’s 55+ Community
Legacy South has built Dogwood Villas for homebuyers aged 55 and older, an enclave in a quiet neighborhood with plenty of exclusive perks. Enjoy pickleball courts, a pavilion with a fire pit, relaxing outdoor patio spaces, and convenient access to local parks. Located in Smyrna, a suburb only 20 minutes outside Nashville, Dogwood Villas offers 74 low-maintenance, move-in-ready homes that allow you to lead the lifestyle you’ve always wanted.
Our one- and two-story villas feature two-car garages, covered stoops, bonus rooms, patios, and attics. After selecting the home site and floor plan that best fits your lifestyle, you can choose between move-in-ready LS Curated Collection homes or finish designing your villa with our Selections Experience, which allows you to pick elements like cabinets and flooring from our curated catalogue.
To make your homebuying experience smoother, Legacy South has intentionally cultivated relationships with some of Tennessee’s top lenders. When looking for a mortgage that meets your needs, you have the option to work with these trusted partners. Contact us today to learn more about how our team of committed experts can help you find the perfect Legacy South home to fit your needs.
