Value of Senior Housing

Expert, localized Los Angeles answers provided by Heather Roy

Value of Senior Housing
	Dear Edith, My wife and I are thinking of moving to one of those communities for 55 and older. What about the value of the house if and when we would decide to re-sell? Since it would be offered only to one age group, that would make selling the house almost impossible. What do you think? Also, we are relatively young, I am 56 and my wife is 50. Are we too young yet for a community like that? We like many aspects of that community living but don’t like some of the restrictions. – F. S., via e-mai

	Don’t worry about re-sales restricted to one age group. That group is becoming larger all the time, and the restrictions may be part of the appeal for future buyers. But whether you’re ready for senior housing is really a personal decision, and I can’t help you there.
	Edith Originally published on March 25, 2007

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