In Florida, Cheaper to Buy Than Rent In Retirement

Published: Sun, 05/08/16

"Should I buy a new home when I retire, or should I just rent?"

It’s a question I get a lot here, and one with a complicated answer.

I almost always recommend people rent for the first few years, especially if they’re moving to an area they’ve never lived or spent a lot of time in before.

Then, once they determine that yes, this is the place for them, I recommend they buy.

Popular residential real estate portal Trulia.com releases a bi-annual rent vs. buy report, and in their latest report they focused on the question “Should Retirees Rent or Buy?”.

To try and answer that question, Trulia looked at median home values and median rent in 100 U.S. cities with the largest share of residents aged 65 and over.

Here's what they discovered.

Fernandina Beach, Florida, just outside of Jacksonville, is the location of Amelia National Golf & Country Club, an amenity-filled community of new custom homes. Residents experience and savor a vacation-type, relaxing lifestyle on a daily basis. This magnificent community embodies exclusive, country club living at its best; from the Tom Fazio-designed 18-hole golf course to championship quality Har-Tru tennis courts.

Often considered the gateway to the enchantingly quaint Amelia Island, Amelia National Golf & Country Club also offers its resident members the private and elegant French provincial clubhouse and luxurious fitness accommodations, such as the state-of-the-art gym and resort-style pool and hot tub; delicious dining; nature walks through rich forests; and an outstanding customer service staff. All of this is located within a 24-hour guard-gated, secure environment. The community is located just 15 minutes from the beach and ocean, and just 25 minutes from Jacksonville International Airport.

Amelia National Golf & Country club features stunning, award-winning new home plans that range from 1700 – 2700+ sq. ft. You’ll love Fernandina Beach and the Florida lifestyle as a proud resident of Amelia National.