When comparing to the sales prices of similar non retirement properties in the area, they are typically considerably cheaper. For those looking to purchase, the initial saving is a big attraction as well are the annual charges and funds in place for the maintenance of the block and grounds. On the face of it, these can seem rather steep however when considering the services in place and the security it provides residents, it could be argued as well worthwhile. The set development charges are of great appeal to those coming from large family homes used to having to pay out large sums of money for unexpected problems such as leaking roofs and general maintenance.
Like with a house, developments equally suffer from problems however with it being a block responsibility, the cost is shared and in most cases can be covered by the development funds already in place.Savings