7 Reasons Why Retirees Are Flocking to 55+ Manufactured Home Communities
Retirement is supposed to be a time for leisure, relaxation, and best of all, freedom! Moving to a manufactured home community can give you all of this and more. In recent years, buying manufactured has increased in popularity among 55+ adults. Are you in on the senior living trend? If not, then here are 5 facts that might just change your mind and motivate you to pack those bags!
1. Flexibility
Many manufactured home communities offer a variety of home models and floor plans to choose from. This allows you to find a home that suits your preferences and needs. Whether you’re looking for a cozy single-story home or a spacious layout for entertaining guests, there are options available to accommodate your lifestyle.
2. Downsizing
If you don’t love it or need it, then ditch it! A manufactured home will likely be a bit smaller. But, that’s okay, because that’s what you’re going for, right? A simpler life, with less clutter and more freedom! Moving is the perfect opportunity to get rid of unwanted or unused stuff that you’ve acquired over the years.
3. Amenities & Social Opportunities
Manufactured home communities often provide a range of amenities and social opportunities. From clubhouse activities and fitness centers to swimming pools and walking trails, these communities are designed to enhance your lifestyle and promote a sense of community among residents. A 55+ manufactured home community can be just like living in any other active adult community.
4. Affordability
Buying a manufactured home in a community can be a more affordable option compared to other types of senior living. These homes offer comfortable living spaces at a lower price point, allowing you to stretch your retirement budget further. Although it’s worth noting that community living might come with entry fees or Home Owner’s Association fees, the average price of a brand-new manufactured home is just under $130,000. And, a 55+ community may offer bundled or subsidized rates for other expenses such as utilities.
5. Location
Much like other neighborhoods for independent living, it’s pretty common for a manufactured home community to be located close to just about everything you could need. You know, hospitals, shopping, and even dining and fun!
6. Low Maintenance
One of the big advantages of living in a manufactured home community is the low-maintenance lifestyle. The exterior upkeep of the home and landscaping are typically taken care of by the community management, giving you more time to enjoy your retirement without the hassle of home maintenance.
7. Active Living
Senior mobile home communities often provide a range of activities and events tailored to the interests of their residents. From social gatherings and hobby groups to fitness classes and educational workshops, there are plenty of opportunities to stay active and engaged in a vibrant community.
Help Finding Senior-Friendly Mobile, Modular or Manufactured Homes
If you’re looking for mobile, modular, or manufactured housing near you, then start here:
More senior resources for manufactured homes:
HUD Office of Manufactured Housing Programs Homepage
The Fair Housing Act: Housing for Older Persons
More Senior Resources
If you’re looking for financial planning and money-related articles, then start with our personal finance blog!
Do you need help with retirement planning? Then check out Bob Carlson’s Retirement Watch!
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Originally published August 24, 2023
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