By being more rural, Sussex also has more land available for building. A lot of the buyers there come from Washington, D.C., and have bigger budgets,” Julian said. “Kent County is the least expensive, while Sussex County on average is most expensive and has the most luxury units.
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Choosing a 55-plus that has the most appeal depends on several factors – location, cost per unit, amenities, size of the community, and, in the case of cars parked in driveways that have black license plates, how near the rest of the family lives. And while the state has other economic negatives, the optics of no sales tax has a draw perhaps greater than its value. Charles Durante, partner and investment adviser at Connolly Gallagher, said that, unlike Pennsylvania, which imposes an inheritance tax even on modest estates, Delaware has no inheritance tax. “Delaware is hard to beat – great East Coast location, great health care system, low taxes,” Julian said. “ still feel independent and able to live on their own – which is very attractive.” Many Delaware residents want to downsize but still stay near friends and family, while outsiders are drawn to the state for other reasons. “They cost less than other types of communities,” Strusowski added.
“There will be four phases and 229 homes in total.” “The attraction of the 55-plus communities is that people are at that stage of life when they want maintenance-free living and a turn-key operation where they can just lock the door and leave on vacation without worrying,” said Jason Giles, senior vice president and managing broker for realtor Patterson Schwartz. “We have the first phase of the site work completed, and have just started on the second phase,” said Rich Julian, president of Benchmark Builders, a local company which was early into 55-plus community development. The site is still under construction, with earth being moved and the skeletons of housing rising above the flatlands.
Typical of these is Traditions at Whitehall, located between the canal and where Route 301 sweeps across from Route 1 before turning south. Middletown’s attractions are obvious – it’s in the country, prices are more affordable than elsewhere in the state and it’s still only 30 minutes from Interstate 95 and Delaware’s largest hospital. Starting prices per single or duplex range between $370,000 and $737,000 per unit. |DBT PHOTO BY ERIC CROSSANįive of these communities – a third of all – are under construction in the Middletown area, which has emerged as Delaware’s 55-plus epicenter. Route 301, is a growing 55-plus community that bills itself as a town unto itself, with a new medical office and firework shows on Fourth of July. Traditions at Whitehall, located between the C&D Canal and U.S. “There are approximately 15 55-plus communities now being built in Delaware,” said Fox & Roachreal estate agent and vice president, Jerry Strusowki, who said that demand is exceeding supply and that he sends out letters to established residents seeing if they are interested in selling to one of his clients. They are a development within developments that isn’t going away anytime soon. It attracts a slightly younger, more-active crowd of retirees looking primarily to downsize and to simplify their lives but who are not yet interested in on-site medical and care facilities. While retirement communities are hardly a new thing in Delaware, builders and buyers alike seem to be especially drawn to the 55-plus concept, where most residents must be at least that age. Route 301 is now a limited-access highway that has been nicknamed the “Middletown Autobahn.” And the fastest growing crop is not corn nor beans, but housing developments, especially 55-plus communities. Now, just over 20 years later, Middletown has almost quadrupled in size to 23,000 residents. And the most-exciting happening each spring was seeing whether the local farmers were going to plant soybeans or corn. Route 301 meandered through its western edges like a cow ambling across a meadow. In 2000, this northernmost town south of the C&D Canal had a population of slightly over 6,000 people. If a local Rip Van Winkle woke up today in Middletown, he might find that, while he was snoozing, his farm had been turned into a residential community with a clubhouse and a pickleball court. The age-restricted communities are growing in popularity in Delaware. Rich Julian, president of Benchmark Builders, poses at the entrance to its 55-plus community, Traditions at Whitehall, near Middletown.
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