Reasonably priced, Over 55, Cottage Communities in Northeast

by Martha
(Port Charlotte, FL)

Are there any other people who would like to see some reasonably priced, Over 55 cottage communities, Over 55 in the Northeast?

We are currently snowbirds in Florida but love to be in the Northeast during the summer months. Anyone else in the same situation?

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Mar 15, 2020
Over 55 Cottage Communities in Northeast
by: Diane

I live in Eastern Massachusetts and purchased a 20 year old, one floor condo. It is a small ranch with a 2 car garage. 1350 square feet. Big enough for me and my cat! It is an end unit.

However, it is a fixer upper. New hardwood floors installed. New washing machine. Next is work on my gas fireplace, plumbing repairs, windows/screens replaced and cosmetic repairs...3 new ceiling lights. The place has been unoccupied, since the elderly owners passed away several years ago. So, it can really be expected that some upkeep was expected to be done.

Condo cost was $300K and that did not include repairs.

On a really positive note it is located near a beautiful river with great walking paths. I am really happy here and glad that I made the move from a house was in the woods with a huge yard. (I had an offer 4 days after listing it!)

Prices are high right now in all of New England, but I think that with everything going on in the world right now, they may be coming down.

Good Luck and stay healthy!

Mar 15, 2020
Retirement cottage communities
by: Anonymous

The idea of communal cottage communities in NE is a perfect solution to the downsizing/snowbirding lifestyle. It brought to my mind all the old hotels and cottages sitting vacant in the Catskills in NY and Poconos in Pa.

We summer in Vt and recently a few rental properties for 55 and over have been built and rented in record time. It affords a communal kitchen, game room, activities, sponsored trips etc.

The units are small but sufficient , they have their own garden and the folks living there have given it positive reviews. All are happy with their decision to sell their 7000 sq ft houses in exchange for living in a communal community.

Think this is a great opportunity for developers as the aging boomer population is exploding and seeking answers to their next move questions.

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