Saturday, March 11, 2023

55+ Communities Under $300,000

New 55+ communities priced under $300,000 are becoming more rare. You will most likely find them starting in the mid to upper $300,000's price range. 



Do you find this price range affordable.  While this article is not about affordability, it is about pricing.  And most of the new communities coming out now from Del Webb and other builders are now starting in the mid-$300's and up price range.   Even the Margaritaville communities in Florida that were, not long ago, in the $200's price range are now starting in low $300's. 

Housing prices for 55+ housing seem to be moving up into this $300's range despite the fact that overall median housing prices are expected to decrease by a small amount in 2023.   

I looked at the prices of every Del Webb 55+ community and in 2023 I found 8 communities with prices starting under $300,000.  There may be more since there are several DW coming-soon communities that are not priced yet.  

Locations of Lower-Priced Communities

Most communities in the $200's range will  not be in markets considered high employment areas. They are in areas that are considered more suburban or rural or not near a beach. 

Here is the list: 

Florida: Is Florida still the best state to retire for seniors on social security.  

There are several mid-west states that are becoming competition for Florida.  Meanwhile here is an article about retiring on social security that states what might not be so obvious: waiting until later to claim social security.  Can you wait? (Seek your financial advisor and do your own research for your personal situation to decide when to take social security.)

Florida is still in the top 3 states for retirement ranked by Fool.com and others.  However, it used to be #1 in all rankings by websites that ranked states for retirement.  Apparently the state is becoming crowded and the cost-of-living is increasing

New communities under $300,000 by Del Webb: 

  • Tohoqua Reserve -  State:  Florida - Starts at $299,990 - New 
  • Del Webb Stone Creek - State: Florida -  It has some homes priced at $259's. It's located in the Ocala area.     
  • Sun City Peachtree:  State: Georgia - Starting price: $272,990
  • Briargate - State: Illinois - Start price: $294,990
  • Vandalia - State: Indiana - Start price: $291,990
  • Del Webb Chambers Creek - State: Texas (Houston) - Start price: $297,000's
  • Del Webb Fulshear - State: Texas - $284,990
  • Hill Country Texas - State: Texas - Price: $307's (San Antonio)

  • Other Builders in Florida: 

  • The Villages: The Village of Newell - patio villas starting in low $200's.  
Please do your own research.  These prices can change without notice. We try to always be accurate but we are not responsible for information.  Go to the community's website for the most up to date pricing.   Not all communities under $300,000's are listed here.