Abberly Twin Hickory

Formerly The Gardens at Twin Hickory

4700 The Gardens Drive, Glen Allen, VA 23059
Call: 888-621-8872 (804) 364-3649 Email UsTheGardens.CommunityWebsite.HHHunt@aptleasing.info View Map

Opens: Monday-Friday: 9A-6P | Saturday: 10A-5P | Sunday: 1P-5P

Abberly Twin Hickory Blog

The Upsides to Downsizing

Joseph Coupal - Monday, June 18, 2018

Abberly Twin Hickory, Glen Allen, VADownsizing sometimes gets a bad rap. Upon hearing the phrase, many people automatically assume that downsizing is something negative, but in reality, there are plenty of positive aspects to scaling down from your current home. From having less to clean to being free from other obligations of having a larger home, there’s a lot to look forward to when downsizing.

On the other hand, leaving a beloved home can be tough. But with the right mindset and a plan in place, transitioning to a smaller living space becomes less painful.

What follows are some of the best aspects of downsizing and bright spots to look forward to when transitioning to a smaller home.

There’s Less to Maintain

Owning and maintaining a home is a lot of work. There’s endless cleaning that needs to be done, repairs that need to be made and upkeep that needs to be completed. With a smaller living space, that list of chores and to-dos around the house dwindles, leaving you with more time to focus on the things you enjoy.

It Can Help You Shop Smarter

Artful advertising designed to influence consumers and encourage impulse buys are just about everywhere these days. Anyone can fall prey to something that looks like a good deal or sounds like something they “need” and be influenced by clever and strategic marketing. But when living in a smaller place, you’ll need to become more critical about what you purchase in order to avoid clutter.

Redecorating Opportunities Abound

Redecorating can be a lot of fun -- even more so when there’s a brand new space to work with. Downsizing gives you the opportunity to redesign your space, come up with new concepts and get creative with your storage spots. That can mean experimenting with different setups, getting creative and investing in furniture that doubles as extra storage to save on space.

Help is On Hand

One of the clearest benefits to moving into an apartment community is having assistance at the ready. Leaking faucet, leaking roof? No problem, call your leasing office and they'll take care of it.

Socialization and A Sense of Community

When transitioning from an empty home to an apartment community, there are lots of new opportunities to form a community and socialize with neighbors.

For more information on apartments in Glen Allen, VA contact Abberly Twin Hickory.

#HowYouLive

seniorhomes.com


It Cost More to Own vs. Rent a Home in Virginia

Joseph Coupal - Wednesday, June 06, 2018

Abberly Twin Hickory, Glen Allen, VAOwning a home is often considered the American dream — and it's an expensive one. Homeowners in all 50 states and Washington, D.C., pay from 33% to 93% more for housing each month than do renters living in the same state, according to a new NerdWallet analysis.

But many homeowners reap benefits that you can't get from renting, such as financial security and stability, tax deductions and a vehicle for retirement savings. 

While renting can't offer those long-term financial benefits, it's cheaper to rent on a month-to-month basis, the analysis found. If you're wondering how to save money for a down payment, renting can help you build that nest egg — but in extremely expensive or competitive markets, renting might be better for the long haul.

To determine the monthly homeownership premium — the additional cost of owning instead of renting, expressed as a percentage — NerdWallet compared 2015 American Community Survey data from the U.S. Census Bureau for the median gross rent and median homeownership cost in each state and Washington, D.C. Median gross rent includes the costs of monthly rent and utilities for all kinds of rental properties, and median homeownership cost includes monthly mortgage payments, real estate taxes, insurance and utilities.

This comparison doesn't include the down payment required to buy a home, which is traditionally 20% of the home price for conventional mortgages, but is lower for FHA or VA loans.

Key takeaways

Owning is more expensive everywhere. Across all 50 states and Washington, D.C., it costs more each month to own a home than to rent. The median cost people pay nationwide to own a home is 54% more than the median cost to rent each month.

The smallest difference is still a third more to own. The state where the premium to own a home is lowest is Florida, where it costs a median of 33% more to own than to rent. The states with the next lowest premiums are Colorado (40%) and Arizona (41%).

In some states, the cost of owning far eclipses renting. In New Jersey, the state with the highest homeownership premium, the median monthly cost of owning is nearly double that of renting (93%). The next most expensive places to own are Rhode Island, where the median homeownership cost is 84% higher than renting, and Connecticut, where owners pay a median of 82% more than renters each month for housing.

Here's how much more it costs to own vs. rent each month in Virginia - 48%.

For more information on apartments in Glen Allen, VA, contact Abberly Twin Hickory.

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Nerdwallet.com


Discover Glen Allen, A Neighborhood of Richmond

Joseph Coupal - Tuesday, May 29, 2018

Abberly Twin Hickory, Glen Allen, VAGlen Allen in northwestern Henrico County is a good example of how quickly a rural area can find itself transformed into teeming suburbia. Chance are, people who lived in Glen Allen 50 years ago could never have guessed what would happen to the area, much less recognize it today.

Short Pump Town Center, which opened in 2003 in an area that was formerly farmland, is the largest shopping mall in the county. And new schools pop up in Glen Allen every couple years to accommodate the families who have moved into the area’s recently built master-planned communities and smaller subdivisions.

Glen Allen still has some rural homes, but the area is booming.

Among the largest master-planned communities in the area are Wyndham (with more than 1,600 houses) and Twin Hickory (with more than 1,000 houses), both of which were developed by HHHunt Communities.

Glen Allen has changed in more than just looks, though. In recent years, it has expanded, at least in the general public’s mind.

Today, many of us identify Glen Allen as an amorphous area that sprawls across the northwestern portion of Henrico.

Most longtime Glen Allen residents adhere to a smaller footprint that centers on the intersection of Mountain Road and the railroad tracks that were originally part of the Richmond, Fredericksburg and Potomac Railroad. Roughly, the area runs east from Staples Mill Road to Woodman Road and north from Laurel to Hunton.

But when it acquired its name sometime before the Civil War, Glen Allen was even smaller and was limited to the Mountain Road corridor, with streets like Old Washington Highway and Courtney and Mill roads.

Mail sent to the area before the Civil War was addressed to the Chickahominy post office in Hanover County.

The area got its present name from Benjamin Allen, a farmer and merchant who lived in Glen Allen in the mid-19th century.

Some of the area’s oldest houses are still standing. Meadow Farm traces its history back to 1713. The farm’s main house, which is now open to the public as part of the county’s Meadow Farm Museum, was built around 1810 with additions in 1820 and 1855.

There are at least three other 19th century homes on Mountain Road, including Walkerton, ca. 1825, which is also owned by the county.

Forest Lodge, a Victorian resort built in Glen Allen in the 1880s, didn’t fare as well. In its heyday, the dream child of Susan Sheppard’s second husband, John Cussons, "boasted a theater, a hunting preserve, lakes and a 150-room hotel—all on 1,000 acres of land.

But the resort never found the success its creator envisioned, and it closed after Cussons’s death in 1912. The hotel was torn down in 1992, but some of its architectural elements, including its tower, survive on land maintained by the county at the intersection of Mountain Road and Old Washington Highway.

With the momentum of Greater Richmond in many ways shifting to northwestern Henrico over the last 10 years, Glen Allen seems to have reached a tipping point, where new elements outnumber the old.

It’s not a sleepy little town anymore. It’s a bustling community with good schools, shopping, parks and entertainment.

For more information on apartments in Glen Allen, VA contact Abberly Twin Hickory.

#HowYouLive

richmond.com


Memorial Day Happenings in Richmond, VA

Joseph Coupal - Monday, May 21, 2018

Abberly Twin Hickory, Glen Allen, VAMemorial Day is a special day across the nation. It’s a day when we stop to reflect on the many sacrifices that generations of brave men and women have made as members of the United States Military. Some have served bravely and returned to their families. Others gave the ultimate sacrifice to defend the many freedoms we enjoy today.

In Richmond, there are many ways to celebrate Memorial Day – from fun-filled festivals to moving ceremonies that honor veterans from every branch of the military. However you choose to celebrate your Memorial Day, if you live in an apartment in Richmond, VA you’re sure to find an event here that will not only offer entertainment for the whole family but will allow you to reflect on the importance of this special day.

In the meantime, to all the military personnel, both active and retired, we offer our eternal gratitude for your service!

Wednesday, May 24

Free Screening of “Saving Private Ryan” at The Byrd
In participation with the Virginia War Memorial, The Byrd Theatre will be kicking off the Memorial Day weekend early with a special free screening of “Saving Private Ryan.” While admission is free, all attendees are encouraged to “pay what you can” to support the Virginia War Memorial and its mission to honor those who serve and have served our country. Prior to the show, members and supporters of the War Memorial will meet at Social 52 for a Give-Back Night between 5 and 7pm.

Hours: 7:30pm – 10pm
Cost: Free, but donations are encouraged.
The Byrd Theatre and Foundation
2908 W Cary Street
Richmond, VA 23221
(804) 358-3056

Saturday, Sunday, and Monday, May 26 – 28

Memorial Weekend Salute at Kings Dominion
Kings Dominion will be honoring all who serve – all weekend long – with even bigger and better fireworks shows, live entertainment, special offers, and much more. Enjoy all of your favorite thrill rides, cool off at Soak City, and enjoy live music by local military bands. You can even get your picture taken with Uncle Sam! Best of all, all active and retired military personnel receive FREE park admission.

Hours: 10:30am – 10pm
FREE for military personnel (active and retired) on Memorial Day.
Kings Dominion
16000 Theme Park Way
Doswell, VA 23047

Saturday, May 26

7th Annual “They Gave All” 5K
Memorial Day is the day we honor and remember those who have served and those who have died in service to our country. The Annual “They Gave All” (TGA) 5K race provides participants with a special opportunity to remember the service and sacrifice of these brave men and women. Join the Virginia War Memorial this Memorial Day weekend at their 7th Annual T.G.A. 5K., presented by Priority Automotive.

The T.G.A. 5K is one of the War Memorial’s most important annual fundraisers and your participation helps them carry on their mission to Honor Veterans, Preserve History, Educate Youth, and Inspire Patriotism in All. The 5K course runs through some of the most scenic parts of Richmond, including Hollywood Cemetery, and along the city skyline viewing the James River. The race will be chip-timed, although it is a family-friendly event and both walkers and runners are welcome, as well as strollers and well behaved pets on a leash.

Hours: 6am – Registration and check-in, 7:30am – Welcome Rally, 7:45am – VFW Kids FunRun, 8am – TGA 5k
Cost: 5K Run/Walk – $25; Military (active and non-active) -$20; Kids Fun Run (ages 3-12) – Free; BedHead Runner – $35 (still get a shirt, but don’t have to run); Military (active and non-active) BedHead Runner – $30; Memorial Flag honoring a deceased veteran and displayed at the finish line) – $10.

Register online.
Virginia War Memorial
621 South Belvidere Street
Richmond, VA 23220
(804) 786-2060

Flags Across Shockoe Hill
Join Enrichmond as they place flags on the graves of veterans in preparation for Memorial Day.

Hours: 10am – 1pm
Cost: Free
Meeting Location:
Shockoe Hill Cemetery
301 Hospital St.
Richmond, VA 23219

Sunday, May 27

Commonwealth of Virginia’s 62nd Annual Memorial Day Ceremony
Join your friends, family, and loved ones at the 62nd Annual Virginia Memorial Day Ceremony. Held at the Virginia War Memorial, this event will honor and remember all veterans who gave their lives to preserve American freedoms, from the Revolutionary War through today. For more than six decades, this event has been one of the most loved and well-attended events of the year. Event highlights include music, guest speakers, and a wreath-laying ceremony in the Shrine of Memory.

Hours: 10am – 12pm
Cost: Free
Virginia War Memorial
621 South Belvidere Street
Richmond, VA 23220

Memorial Day Cemetery Walk
Join local author JoAnn Meaker for a Memorial Day Cemetery Walk at the Richmond National Cemetery. Meaker will lead the walk and share stories about the lives of the soldiers buried there taken from her book, “Stories Beneath the Stones: Richmond National Cemetery.” The tour is open to the public, family-friendly, and will be held rain or shine (except in the case of severe weather).

Hours: 10am – 11:30am
Cost: Free
Richmond National Cemetery
1701 Williamsburg Road
Richmond, VA 23231
(804) 795-2031

Memorial Day Murph 2018
Every Memorial Day, RVA Performance Training supports military-oriented charities by completing the “Murph” workout. This year they will be supporting Fisher House, an organization that builds comfort homes where military and veterans families can stay free of charge while a loved one is in the hospital.

The “Murph” honors LT. Michael P. Murphy who was posthumously awarded the Medal of Honor for his heroic service in Afghanistan and was the first Navy recipient of the medal since Vietnam. This workout includes a one-mile run, 100 pull-ups, 200 pushups, 300 squats, and another one-mile run. However, if you cannot complete the workout (and not many can!), modifications are available for ALL SKILL LEVELS. Beginners or non-members of unconfirmed experience level will be scaled or partnered accordingly by RVA Performance Training coaches.

This is a community event open to everyone and registration is free, but t-shirt purchases and donations are encouraged! All proceeds and donations will be given directly to Fisher House.

Hours: 8am – 1pm
Cost: Registration is FREE.
All donations must be made by May 27, 2018.
RVA Performance Training: Home of CrossFit RVA
2522 Hermitage Road #D
Richmond, VA 23220
(804) 313-9348

Monday, May 28

Historic Cemeteries Bus Tour
Commemorate Memorial Day with a guided bus tour of some of Richmond’s most historic 18th and 19th-century cemeteries, hosted by The Valentine. Stops on the tour will include St. John’s Church, the African Burial Ground, and Shockoe, Hebrew, Oakwood and Woodland cemeteries. Veterans receive FREE inclusion. All admission tickets include parking and same-day admission to The Valentine. Reservations are required.

Hours: 1pm – 5pm
Cost: $25 per person; $20 for Valentine Members; FREE for Veterans
For Reservations: (804) 649-0711 ext. 301
*Veterans must call (804) 649-0711 ext. 301 to reserve a free spot for this tour.
The Valentine
1015 East Clay Street
Richmond, VA 23219

Huguenot Springs Confederate Cemetery Memorial Day Service
The Huguenot Springs Confederate Cemetery serves as the final resting place for approximately 250 Confederate soldiers. The annual Memorial Day service is held in remembrance of these soldiers and others. The event includes bagpipes, cannons, and a speech.

Hours: 2pm – 3pm
Cost: Free
Huguenot Springs Confederate Cemetery
Old Confederate Cemetery Road (Rt. 640)
Midlothian, VA 23113

Memorial Day Commemoration at Pamplin Historical Park
Pamplin Historical Park & The National Museum of the Civil War Soldier will offer a special Memorial Day program beginning at 12:30 p.m. Visitors will have the opportunity to learn about specific soldiers and their personal experiences during the Civil War. These individual stories are part of the park’s “It is with Sorrow that I Write” series and will be presented with source material taken from actual letters, showing both the causes and consequences of the Civil War. Other program highlights include an artillery firing followed by the presentation of the colors and a playing of Taps; a Breakthrough Battlefield Tour that tells the events of April 2, 1865 followed by bugle calls and a Civil War camp life demonstration; and a viewing of “War So Terrible,” a film that follows two Civil War soldiers, Benjamin Franklin Meyers of the Union and Andrew Jackson Stewart of the Confederacy.

Hours: 9am – 5pm
Cost: $13/Adults, $12/Seniors/Military, $/ Children (6-12), Children 5 and under FREE
Pamplin Historical Park
6125 Boydton Plank Road
Petersburg,V A 23803

Sandston Memorial Day Parade
Don’t miss one of Sandston’s favorite annual events! Join The American Legion Posts 242 and 144 as they come together to honor the United State Coast Guard. A special memorial service will be held at Seven Pines National Cemetery at noon, followed by a parade at 1pm, and a full afternoon of festivities from 2pm until 4pm. Afternoon festivities will include food and live entertainment for the whole family.

Hours: 12pm – 4pm
Cost: Free

WWI Memorial Day Celebration and Commemoration
Head to the Virginia Museum of History and Culture for a free, family-friendly day of activities, including the chance to “meet” President Woodrow Wilson and General John J. Pershing who will offer a glimpse back to life during World War I. Visitors can see Wilson’s 1919 Pierce-Arrow Series 51 limousine currently on loan from the The Woodrow Wilson Presidential Library and Museum. A Commemoration Ceremony begins at 1pm and honors the 3,700 Virginians who made the ultimate sacrifice during WWI. The ceremony will feature musical performances by the 392nd Army Band’s Brass Quintet. Lastly, visitors can participate in hands-on activities showing how all Virginians did their part during the Great War.

On Memorial Day, activities are free and open to the public, no ticket required. All other days, thanks to the generosity of The Boeing Company, admission is FREE for active duty military and immediate family, and free for retired military, for the duration of the WW1 America special exhibition (through July 29, 2018).

Hours: 10am – 5pm
Cost: Free to the public (Memorial Day only); free to military personnel through July 29
Virginia Museum of History and Culture
428 N Boulevard
Richmond, VA 23220
(804) 340-1800

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richmondmom.com


Forget Owning, Baby Boomers and Millennials are Renting

Joseph Coupal - Tuesday, May 08, 2018

Abberly Twin Hickory, Glen Allen, VARenting traditionally has been viewed as one rung on the housing ladder: First, you rent an apartment, then move on to purchase a starter home, which is followed by the family home, where most people spend the majority of their years. Renting has always been a step in the process and rarely the endgame.

Based on the growing number of renters in major cities throughout the country it’s clear that attitude is changing. Instead of viewing renting as a short-term phase, an increasing number of residents are choosing rental housing specifically because it offers a more-flexible lifestyle than homeownership.

This is especially true for baby boomers and millennials, two of the fastest-growing groups of renters. Whether just starting out in their career or settling into retirement, both generations are seeking a lifestyle that offers mobility, convenience and community.

There’s no question that apartment living keeps getting better. We’ve just started to see a slight shift in boomers actually deciding to forgo a mortgage for rent in high-end, highly serviced properties with lots of amenities, and believe that we’ll see more. And they’re not necessarily moving from the suburbs directly into downtown locations. More likely, they’re staying fairly close to home in communities they’ve known for decades and are opting for nearby town center locations. Millennials, on the other hand, are enamored by the eclectic, energetic urban environment and thus love living downtown close to art, culture and entertainment.

Mobility needed: Regardless of age, mobility is one of the top reasons people decide to rent. For millennials just entering the workforce or in the process of building their careers, the ability to relocate is a major factor. Even if they are in a financial position to purchase a home, millennials may choose to rent to have the flexibility to take advantage of new job opportunities as they arise.

Boomers value mobility, as well — with their children grown and out of the house, many have realized they no longer want or need a large suburban home. Instead, they’re opting to rent in urban environments that offer greater flexibility for travel and the option to leverage the equity in their homes. Many baby boomers also are working longer than their parents did. They still want to be close to their job and are not yet ready to retire to a new locale, but they are empty-nesters who want a vibrant, walkable lifestyle.

Transportation and accessibility play an important role. With busier-than-ever lifestyles, more and more people are simply refusing to spend hours commuting every day. Especially in cities such as Washington, where the commute between downtown and the outlying suburbs can take hours during peak travel times, rental housing close to work or with easy access to public transit offers residents the opportunity to achieve a higher quality of life, with less time stuck in traffic.

The convenience of living in the middle of things: Similarly, we’re seeing residents choose renting over homeownership for the sake of convenience. For busy boomers who are ready to give up the yard work and other home-maintenance tasks, renting is an attractive alternative. If something breaks or goes wrong, all they have to do is pick up the phone and call the property manager to take care of it. The same goes for young professionals who may lack the time, experience or willingness to address these issues.

We’re also witnessing apartment owners and operators go beyond basics like regular maintenance by offering amenities such as package storage, and fitness centers and pools to enhance the resident experience.

Creating a sense of community: In addition to making residents’ lives easier, modern apartment amenities are designed to encourage socialization. These are the types of experiences that today’s renters are looking to incorporate into their lifestyles.

This sense of community is important to boomers, who may be leaving a social network behind as they move away from the suburbs; as well as to millennials who are eager to make new connections personally and professionally, especially if they are new to the area. With shared common spaces and experiences, apartment living creates organic opportunities for residents to make these connections and build on them.

In today’s economy, we can rent almost anything we need, including music, movies, clothes and cars. Having all of these options available to us suggests that people’s view of ownership is shifting. It’s natural that this trend extends to our homes, giving people more choice over where and how they live.

For more information on apartments in Glen Allen, VA contact Abberly Twin Hickory.

#HowYouLive

washingtonpost.com


Virginia: The Best State On The East Coast

Joseph Coupal - Wednesday, May 02, 2018

The Gardens at Twin Hickory Apartments, Glen Allen, VAVirginia - what a place to live. Growing up here is one of the greatest gifts. Simply because you get the best of both worlds. Between mountains, beaches, countrysides, cities, and an obvious change in each season, Virginia proves to be the best state on the East Coast.

1. Mountains

Especially mountains in the fall. Whether you grew up hiking them all the time, or if you have never hiked a day in your life, you can always brag about having the beauty of the Blue Ridge Mountains in your homeland.

2. Virginia Beach.

We live on the coast. Day trip to the beach? Not a problem. Pack up your car and get going with suntan oil and beach chairs.

3. Countryside

There are plenty of windy back roads to roll windows down and drive. Cows. Horses. Goats. Dogs. You'll pass them all.

4. Cities

Virginia Beach. Richmond. Norfolk. Roanoke. Lynchburg. Charlottesville. And like all Virginians, we claim D.C. as one of our own, too.

5. The weather

In the spring, there are beautiful flowers and rain. Being in a college town, the summers are laid back and feel like home. The students are gone, and it gives the rest of the residents a chance to sit around the pool and enjoy the sun. In the fall, the leaves change and temperatures start to drop. There is football and apple picking, along with lots of flannel. In the winter is when people question whether or not Virginia is a northern or southern state. It all just depends on the year. The winters will no doubt get cold, but the snowfall depends on the year. Some years get several feet, and some years get short of an inch. Whatever the amount, this is a state that can, and does get snow.

No other state is able to brag about the same mountains, beaches, countrysides, cities, or weather like this one. Who cares if no one knows whether Virginia is a northern or southern state, it's the best state regardless.

For more information on apartments in Glen Allen, VA contact The Gardens.

#HowYouLive

Odyssey


Apartment Hunting in Glen Allen, VA

Joseph Coupal - Tuesday, April 24, 2018

The Gardens at Twin Hickory is an apartment community managed by HHHunt, a reputable property management company with verified listings. These apartments in Glen Allen, VA offer one, two, and three-bedroom apartments ranging in size from 763 to 1439 sq.ft. Amenities include Air Conditioning, Fitness Center, Private Balcony/Patio, Washer/Dryer, High Speed Internet Access, Swimming Pool, Grill Area,and more.

Why Choose The Gardens At Twin Hickory

Apartments at The Gardens at Twin Hickory are equipped with Above Standard Ceiling Height, Granite Countertops, and Fireplaces are available all at reasonable and competitive rental rates. This apartment community also offers amenities such as Business Center, Clubhouse and Fitness Center and is located near all kinds of necessities and nightlife. Choose your preferred 1 Bedroom Apartment, 2 Bedroom Apartment or 3 Bedroom Apartment with various floorplans. Contact the property manager today and request a viewing! Once you become a resident of The Gardens at Twin Hickory, you will be able to pay your rent online, submit maintenance requests, and get community news by logging in securely to your Resident Portal.

For more information, contact The Gardens.

#HowYouLive

Virginia is 9 on List of Top Ten Best States

Joseph Coupal - Tuesday, April 17, 2018

The Gardens at Twin Hickory Apartments, Glen Allen, VAMost Americans do not choose where they grow up and often end up living in the same place as adults, either for financial reasons or because of social and familial connections. Still, many Americans choose to pack up and move to a new state — usually in search of better life.

People who contemplate such a move would certainly consider a state’s overall quality of life. While every person is different and may weigh certain factors more than others, quality of life generally consists of a multitude of factors, including an area’s economy, jobs market, income levels, poverty, crime, education levels, health care, transportation, and whether the area is generally desirable.

Based on these factors and others, 24/7 Wall St. ranked all 50 states for overall quality of life.

9. Virginia

  • 10-yr. population change: +10.1% (21st largest increase)
  • Annual unemployment: 4.0% (tied — 14th lowest)
  • Poverty rate: 11.0% (tied — 12th lowest)
  • Life expectancy at birth: 79.1 years (25th shortest)

Problems with crime tend to be local rather than statewide, but across Virginia crime tends to be low and the state is relatively crime free compared to most of the country. There were just 217 violent crimes reported in the state for every 100,000 residents, nearly half the national figure of 397 incidents per 100,000 people.

Virginians are also among the most likely to have a college degree, which often results in higher incomes and better quality of life across a population. Just over 38% of Virginia adults have a bachelor’s degree, compared to 31.3% of adults nationwide. This high educational attainment rate may help explain Virginia’s relatively low unemployment rate. Last year, average unemployment was 4.0%, well below the national average rate of 4.9%.

For more information on apartments in Glen Allen, VA contact The Gardens

#HowYouLive

247wallst.com


More Seniors are Choosing to Rent, Here's Why

Joseph Coupal - Monday, April 09, 2018

The Gardens at Twin Hickory Apartments, Glen Allen, VAAn interesting phenomenon among seniors who are selling their home is their changing attitude about buying another. Younger home sellers are typically focused on quickly buying another home. Their lifestyle has changed and they need to sell and buy another.

Most senior sellers will become senior homebuyers but there is an increasing trend among seniors selling their home: They don’t intend to buy another home and they are making the decision to rent.

“I think we’ll rent for a while” is an increasing response to my question: “Have you thought about your next home?”

Rent? Here are folks who have worked hard all their lives to pay off the mortgage so that they could enjoy retirement in their own home and now they want to rent?

Isn’t renting for the economically challenged, the young millennials, the unstable? Why throw money away renting when equity-rich seniors can sell and buy the home of their dreams?

The homeownership rate for seniors has been declining for the last 10 years as an increasing percentage chose to rent rather than own a home. A recent national survey of seniors who rent were asked the question: Why?

One-out-of-ten planned to buy a home within the next 6 to 12 months, about half could not afford to buy but four-out-of-ten responding seniors who could afford to buy, won’t. They’re content to remain tenants.

Why do you suppose more seniors are choosing to rent than own?

Replacement home too costly

Most seniors who are selling say that they would like to downsize into another, perhaps smaller, single-level home, closer to shopping, medical facilities and family. We have homes meeting that description in our county but they are usually higher in price than the market value of a senior’s existing home.

If family is in the region, perhaps relocating to another state is not an option. Faced with reinvesting all their sale proceeds and perhaps the obligation of a new mortgage, many choose not to sell their home or if they sell, they will rent.

Demands of homeownership

Often seniors don’t have the same physical strength at 60 as they did at 40. Some seniors are physically unable to maintain, remodel or repair everything that’s routinely necessary.

Rural properties require even more attention. Whether clearing brush or mowing the back yard, it takes good health and energy to maintain a home.

Renting is cheaper

Despite what the real estate community would have you believe, every homeowner knows that at the end of the day it’s more expensive to own a home than rent one.

Absent a mortgage, homes are still expensive to maintain. Ask anyone who has had to replace a leaking roof, a new HVAC system or replace a deck.

Retirees likely have less income than when they were working and many depend upon Social Security as their primary source of income to pay household expenses. Renting may not be the lifestyle they would prefer but it is one that they can afford.

Been there, done that

While some seniors enjoy puttering around their home with projects and working in their yard or garden, many don’t. They have spent a lifetime tied to their homes with the responsibilities of ownership while their friends have been vacationing. These seniors do not want another long-term commitment to a home. As tenants, mobility finally becomes an option.

Fear of another real estate bubble

Most of our grandparents never psychologically recovered from the Great Depression. They became compulsive savers, skeptical of debt and leery of investing in the stock market.

The 2008 Great Recession and the collapse of home values left a similar impression on many retirees. They have personally experienced how quickly the value of their home can disappear. They have watched helpless as friends and neighbors lost their home to foreclosures. They know first-hand that the real estate market has up and down cycles and they are not going to get caught in another.

There are 75 million baby boomers who are on the verge of retirement. For the next 20 years an average of 10,000 people each day will reach age 65, which has historically been the retirement phase of life. What’s fascinating is after a lifetime of homeownership more are choosing to rent.

For more information on apartments in Glen Allen, VA contact The Gardens.

#HowYouLive

Mountain Democrat


Glen Allen is One of the Best Places To Live In Virginia… And Why

Joseph Coupal - Wednesday, April 04, 2018

The Gardens at Twin Hickory Apartments, Glen Allen, VALately, there have been a lot of “best of” lists going around. These lists highlight the best overall places to live in Virginia, best small towns, best cities, etc. And with so many lists out there – and so many of them using different criteria – we decided to do a little research for ourselves. What we found was the 15 towns and cities that have gained national and statewide recognition from leading organizations like Forbes and USA Today. The resulting list is what we like to call “the best of the best.”

And so without further ado, we give you Glen Allen. Our city landed on The 15 “Best of the Best” Places to Live in Virginia list. And here is why…

Glen Allen in Henrico County received Nerdwallet.com’s vote for best place to raise a family. This Richmond City suburb was chosen for its affordability, great schools and overall prosperity. Glen Allen offers urban conveniences, but a slower pace of life and undeveloped spaces, like Crump Park shown here, make it perfect for families. With 3 Fortune 500 companies located here, the future looks bright, indeed, for Glen Allen.

For more information on apartments in Glen Allen, VA contact The Gardens at Twin Hickory.

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Abberly Twin Hickory

Formerly The Gardens at Twin Hickory

4700 The Gardens Drive, Glen Allen, VA 23059

Call: 888-621-8872
Email UsTheGardens.CommunityWebsite.HHHunt@aptleasing.info
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Opens: Monday-Friday: 9A-6P | Saturday: 10A-5P | Sunday: 1P-5P

$1,049-$1,481