Should Seniors Rent or Buy When Retiring to the Ocala, FL, Area?

An older man leans in to kiss the face of a smiling older woman, both of them in front of a lake with a marina and boat dock in viewThe answer to the question of whether it’s smarter to rent or buy a home will be different for everyone, but seniors on the brink of retirement typically face challenges that younger adults do not. For many seniors, the financial choices they make will have a significant impact on whether they have enough savings to allow them to enjoy the active retirement lifestyle they’ve been looking forward to throughout their adult lives.

What’s more, the goals of older adults often vary from those of younger generations, who tend to view housing as an investment that will pay off by allowing them to sell at a profit and upgrade to a larger home. Seniors whose children have left the nest may be more interested in downsizing and moving to a place where they can enjoy life the way they’ve always imagined it in a home that requires minimal upkeep.

Location Is Key

If you’re a retiree with plans to relocate to the Ocala, Florida, area, you’ve zeroed in on a great location. Housing costs in this area, though rising, are below the national average, and moving to Central Florida will put you close to all the exciting attractions the Sunshine State has to offer. If you want to maximize the benefits you receive for your housing dollar, however, make sure you check out Lake Griffin Harbor, a waterfront 55+ community that’s located only a short drive from Ocala.

Our high-quality manufactured homes are typically available at lower purchase prices than site-built homes in comparable retirement communities. They’re designed with low-maintenance vinyl siding and other features because we know our residents have better things to do than fuss over home maintenance. When you purchase one of our homes and pay a low monthly home site lease fee, you’ll have daily access to:

  • Sparkling Lake Griffin, a 9,400-acre aquatic paradise that’s teeming with bass
  • Our spacious lakefront clubhouse, observation deck, and swimming pool
  • Plenty of indoor and outdoor facilities for games and get-togethers

Does it sound like Lake Griffin Harbor might solve your dilemma over whether to rent or buy your retirement home? We’ll be happy to tell you more! Contact us today for more information and to schedule a community tour the next time you’re in the Ocala area.