Whether it’s the increased scarcity of prime waterfront land in many areas of the U.S., including the escalating price that goes with it, or the desire for a fully “amenitized” country club lifestyle, many buyers across the nation are looking inland for the home of their dreams.
According to Toll Brothers, the nation’s leading builder of luxury homes, Florida presents clear examples of this. It is one of the 21 states where the developer currently operates 205 active selling communities.
Toll Brothers Vice President Joe Pease says that the South Florida market is driven by a continuing influx of affluent individuals and families looking to make the area their full- or part-time home.
“Furthermore, luxury living has turned into a year-round passion rather than a seasonal one,” he said. “Plus, local buyers who want something new oftentimes look to ‘move up’ to a larger home, or one with an updated architectural design and more lavish interiors. He is referring to features such as higher and/or decorative ceilings, floor-to-ceiling expanses of glass, arches, columns, more sumptuous baths and gourmet kitchens.
“The prestige of residing in one of the area’s newest communities also comes into play for some,” he commented.
Pease also pointed out that many people realize that single-family homes on the ocean or Intracoastal Waterway have become cost-prohibitive, and, if they happen to be on the market, they may be in need of major renovations, adding to the already high price.
“In addition, waterfront homes are usually self-contained and don’t provide the ‘sense of community’ or resort-style amenities sought by many of today’s discerning buyers,” Pease noted. “That type of lifestyle isn’t likely to be found in the coastal areas, except perhaps in an ultra- luxury condominium setting. The lifestyle of a gated, country club community is very appealing to a segment of the population that desires exclusivity along with a wide array of recreational and social amenities, and the privacy provided only with a single-family home.”
Also worthy of mention is that country club communities such as those mentioned aren’t a trek to major highways. “There is easy access to major roads and to all the support services needed for convenient living – shopping, professional services, restaurants, cultural facilities and more. And, driving to the beach isn’t an all-day affair,” Pease explained.
Communities near the Gulf Coast, like GlenLakes in Hernando County, are attracting homebuyers with affordable large home sites paired with an outstanding portfolio of home designs, resulting in excellent home value. Where To Retire Magazine consistently names GlenLakes “One of the Best Places to Retire.” In addition, Ideal-Living magazine calls them a “Top 50 Community.”
For nature lovers, fitness aficionados, golfers and those who love an action-packed social life—GlenLakes is it. Adjoining the 85,000-acre Chassahowitzka National Wildlife Refuge, which borders the Gulf of Mexico, GlenLakes captures everything to love about a Florida retirement lifestyle: stunning views, championship golf, country club amenities, a secure, immaculately maintained community and captivating home designs, perfect for entertaining and relaxation starting in the $200’s.
For best pricing and selection, click here to request your homebuyers guide today!
According to data from the U.S Census bureau, there are approximately 76.4 million baby boomers living in the United States today. Contrary to what many think, there are very different segments within this generation, and one piece that sets them apart are their housing needs.
John McManus, editorial director of Hanley Wood’s Residential Group says his company“ is focusing on the preferences of the younger half, or second-wave baby boomers, as they exhibit different needs than the older boomers.”
What are ‘second-wave baby boomers’ looking for?
McManus says, “They are seeking a fun, dynamic lifestyle with a home that can also adjust to their changing needs in the future. Living space should either include accessibility features, such as doorway space, lower shelves, and nonslip surfaces, or be easily adjustable when the time comes.”
In a homebuyer study performed by The Farnsworth Group, the participants revealed their reasons for purchasing a new home. The top three factors that influence their purchase include area/location (50.2%), price/affordability (37.4%), and the layout of the home (19%) (as shown in the graph below).
The report also found that when buying a new home, there were other concerns like quality of construction (9%), a safer neighborhood (8.4%), better floor plans (8.25%). The most important rooms or areas are the kitchen (82.8%), master bedroom (59.2%), and great room (36%).
Technology also plays an important role!
Second-wave baby boomers prefer wireless security systems (7.1%), lighting that senses and adapts to them (6.3%) and integrated home technology, including “smart” thermostats and lighting controlled by a smartphone (6.2%).
Grey Matter Research and Consulting points to a sense of community as a major factor in wanting to purchase:
“The first impressions are important when entering a new community, as is feeling welcome in the community. Amenities such as clubhouses, pools, and walking trails featured prominently in the decision to purchase in a community. Location was key, as residents want their new homes to be near shopping, dining, medical services and entertainment.”
If you are one of the many ‘second-wave’ baby boomers who is starting to feel like their current homes no longer fit their needs, take advantage of the low inventory of existing homes in today’s market by selling your current home and moving on to one that truly fits your new lifestyle.
Luckily for you, GlenLakes Country Club absolutely delivers the best-of-the-best for today’s homebuyers. Matched with Gulf Coast’s year round active lifestyle makes GlenLakes Country Club stand out.
It is not just the quality of service, or of the facilities, or of the product provided, it is also the quality of the staff and of the management, as well as the overall club governance they deliver. The most important quality, however, is the quality of the intangible. While difficult to measure, the latter is comprised of those magic moments experienced, the members befriended, the memorable events, as well as the club traditions, history, and heritage proudly recognized.
A true hallmark of GlenLakes are the genuine friendships and those intangible moments that are made during our community events and the day to day lifestyle of club living. The relaxing yet active social ambiance is one of the main reasons why so many members enjoy calling Weeki Wachee their home. For more information on the Hernando County lifestyle, click here.