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Kiplinger
Kiplinger
Business
Laura Vecsey

What the Retirement Community Property Market is Like

Golf carts parked in a lot.

Bob Anckaitis had no intention of moving to Florida’s well-known retirement community, The Villages. Ten years ago, while on a family trip to Disney World with their kids and grandchildren, the retired U.S. Army officer and his wife, Kathy, decided to stay in Florida for an extended visit.

“We saw an ad about a preview week for The Villages,” Anckaitis recalls. He and Kathy had no plans to buy a place, but that changed when they settled into their vacation home. "It was $120 a night for five different home designs, so we booked a 2-bedroom/2-bathroom cottage. It was outfitted with a golf cart, two bikes, tickets to shows at the arts center. By the end of our stay, I was walking around saying ‘Wow, this place is pretty great.’ ‘’

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