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.
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.
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.