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A Retirement community is also known as Active Adult Communities. In most cases they are age restricted for 55 and older.
These communities are a growing trend. People are living longer. As a result, seniors are reaping the benefits. Just like mini resorts. Many have golf and tennis. Pools, saunas, recreation centers, walking paths and more. There are typically many amenities and events to enjoy.
Communities, in most cases, are gated. Many have a security detail, grounds maintenance and landscaping. Communities may have 1000 to 2000 homes. Some offer casitas or energy star elements. There are varied price points. Costs of homes range between $100,000 to $1,000,000 dollars. Of course, that depends on location and size of home. The Average cost of a home is $400,000 in Las Vegas. Condo or town home communities also exist at lower price points.
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