Home Ownership and Senior Apartments in Plano, TX

Plano, Texas, is one of the most vibrant cities in the Lone Star State, with many senior living options. The key to finding the right community is understanding the level of care that you or your loved one needs.

Staying at home can be the right solution, but this is not doable for many older adults who can be better cared for in senior apartments. Plano, TX is home to Prestonwood Court, where residents maintain their independence and receive personalized attention. Moving to a community like ours offers freedom from homeownership in secure, welcoming environments.

Our arts and crafts programs are all about sparking creativity, socializing, and making handmade treasures!

How High is the Plano, TX Cost of Living?

The cost of living in an area influences the pricing of the senior communities within it. Plano is not far from Dallas and has an average home price of about $612,340. Its grocery prices are 4 percent lower than the national average; transportation costs are also cost-effective.

According to the Genworth Cost of Care Survey, the average monthly cost for assisted living in all of Texas was $4,450 in 2023.

The most common payment sources for older adults in assisted living in Plano are:

  • Long-term care insurance
  • Veterans Aid & Attendance (A&A) benefits
  • Private funds

Plano homeowners must also factor property taxes, utilities, maintenance, and repairs into their monthly budgets. Those expenses also increase their cost of living. Senior communities pay one monthly bill to cover all that.

Here are some more reasons why moving to a senior community can benefit you or a loved one.

Senior Apartments in Plano, TX vs. Home Ownership

Prestonwood Court | Plano, TX residents smiling and walking Moving out of a family home can be challenging, especially for people who have lived there for many years. But staying put often comes with obstacles like maintaining the property and keeping up with daily tasks like cleaning, laundry, and cooking.

Most importantly, older adults might need help navigating the layout, additional modifications, and 24/7 security. These features are all top priorities in private senior homes, and this can provide peace of mind for both residents and their families.

Plano Senior Apartments vs. Home Ownership: The Differences

Homeowners have to manage many responsibilities, which can become constant hurdles as they age. Family members and friends might pitch in, but that can take a toll on everyone. Consider the following factors when comparing Prestonwood Court senior apartments in Plano, TX, to home ownership.

1. Maintenance

In a private retirement housing community, you needn’t worry about yard work, home repairs, or maintenance. This benefit creates more time to enjoy retirement without devoting time to chores. Think about accidents, too – climbing up on a ladder or trying to repair an electrical outlet can be hazardous.

2. Community and Social Life

Homeowners may find it harder to maintain active social lives, especially if they live in neighborhoods with fewer seniors and cannot drive. Senior apartments are within larger communities with opportunities to:

  • Socialize with neighbors
  • Join events and programs
  • Build new friendships

3. Accessibility

Plano senior apartments are designed with accessibility in mind. They have features like ramps, elevators, and wide doorways to accommodate mobility aids. Not all homes are equipped with these features, creating roadblocks for seniors with limited mobility. Prestonwood Court also provides transportation options to keep residents connected with the world around them.

The Benefits of Private Senior Homes

Senior apartment residents also have access to various amenities and services, which can significantly enhance the retirement experience. Prestonwood Court apartments offer:

1. Diverse, Nutritious Dining

Many private retirement housing communities provide on-site dining options, allowing residents to enjoy restaurant-style meals without the hassle of cooking and cleaning. This can be a significant convenience and a chance to savor delicious, chef-prepared cuisine. We feature a Plano restaurant-style dining experience with locally sourced ingredients and attentive, caring dining room team members.

2. Programs and Special Events

Residents who live in our community of senior apartments in Plano, TX enjoy a calendar filled with lifestyle programs and events. These activities prioritize engagement, education, and fun. Visit our Facebook page or read our newsletter to see what our assisted living residents have been up to lately!

3. Convenient, On-site Amenities

These communities have on-site amenities that residents can walk to, making it easier for residents to access these resources. Prestonwood Court features include:

  • Indoor swimming pool
  • Premier Club fitness center
  • Theater
  • On-site salon services
  • Community gardens

4. Health and Wellness Services

Seniors living in private retirement housing have access to caregivers who provide compassionate, professional help with day-to-day living. This support allows residents a sense of independence while maintaining their dignity.

  • Medication administration
  • Telehealth visits
  • Activities of daily living (ADLs) support (bathing, dressing, personal care)
  • On-site therapy

The cost of assisted living in Plano is an investment in the well-being and comfort of your loved ones and can be more cost-effective than a private home or apartment. We can explain the costs in detail to help you make an informed decision.

Prestonwood Court Offers the Best in Assisted Living and Memory Care Near Plano, TX

If you’re ready to explore senior apartments in Plano, TX, contact our team at Prestonwood Court. We specialize in helping seniors find the perfect living arrangements that suit their needs and preferences.

Our resident-first, team-focused, quality-centered philosophy helps our residents thrive. We encourage you to schedule a tour to see our community and meet our team.

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