So, you've made the exciting decision to enjoy your retirement in Northern Virginia. But now comes the next question: how do you want to live your retirement? What kind of community suits your lifestyle and preferences? These questions can weigh heavily as you consider your retirement options.
Don't worry; we're here to help you navigate this important decision. At AV Architects + Builders, we have over 20 years of experience working with clients in Northern Virginia so we've gained valuable insights into the various housing options available and how to choose the right one for your lifestyle.
In this article, we'll break down the options for retirement living in Northern Virginia, giving you a comprehensive view of what's available and what to consider. Whether you're leaning towards an active adult community, luxurious condo living, renovating your existing home, or even building a brand-new dream home, we've got you covered. We'll highlight the pros and cons of each option, helping you make an informed decision that aligns with your retirement goals and lifestyle.
What are the 4 Common Retirement Options in Northern Virginia:
1. 55+ or Active Adult Communities:
Northern Virginia offers active adult communities with various housing options from single-family homes to condos or townhomes.
Provides an instant circle of community and connection
Regularly scheduled activities, classes, and events
People in your community are in a similar life-stage as you
Could have certain limitations on things like visiting hours or pets
You’re only around your own age group of people
2. Luxury Condo Communities:
Similar to the active adult communities, these high-end condos offer convenience and amenities, but are typically built in high-rise building. like on-site doctors, gyms, and workshops. However, they come with a high price tag and limited space for visitors.
All essential amenities on-site like: doctors, gyms, pharmacy, grocery stores
No yard to maintain
Great security and peace of mind with only one door to lock to your home
Plenty of opportunities for hobbies, classes, workshops
Less space than a house, meaning less space for visitors. I.e. hosting your family or grandkids sleeping over
You have to take an elevator to get outdoors
Shared public spaces with other tenants
Waitlists of 1 year or more
3. Renovate Your Current Home:
If you really enjoy your current location, have friends in your neighborhood, or just love your community, renovating your existing home may be a good option for you.
You can stay in your own neighborhood
If you have lived in your house for some time you probably already have invested equity in your home, adding to your asset
You don’t have to deal with moving
You know the neighborhood
You get to be around a variety of people of all ages
You enjoy your land and maintaining your garden
Unless your home is a newer build, your primary bedroom is most likely on the second floor and your home is generally not accessible for aging
Your house is most likely larger than what you need, leaving many unused spaces
Your house is likely on the older side, meaning more upkeep and maintenance than a newer house
You will have to move out and move back in when the house if finished being renovated
4. Build a New Home:
If you think you would need to remodel more than your current home is worth, then building a new home may be the best option for you.
You can design intentional spaces for the way you live
In Northern Virginia, it’s a safe investment that you can pass down in your family
It can take 18 to 24 months from design to move-in
It will require owner involvement in the design process
Should I Retire in Northern Virginia?
If you are thinking about your retirement and wondering where the best place to live is, look no further, as Northern Virginia has everything you need to live a comfortable and thriving retirement. You don't need to feel like Florida is the only option for your retirement. If you enjoy being close to an exciting city, while benefiting from the quiet serenity of nature, then Northern Virginia has everything you need.
Now that you understand what makes Northern Virginia a fantastic place to retire, check out this helpful article about the Best Areas to Live in Northern Virginia to decide which is right for you.