Using the Cost Comparison Worksheet

It can be easy to lose sight of the true costs of homeownership. Especially if you’re no longer paying off a mortgage. But even if that’s the case for you, there are many, many more expenses you’ll continue to contend with for as long as you remain in your home, regardless of your age or current level of income. Taxes, insurance, utility bills, maintenance, repairs, replacements, security and other services, food, transportation, recreation, entertainment — it’s a very long list. As you bring these expenses into sharper focus, it can become increasingly clear that the cost of independent living in a continuing care retirement community like Woodland Pond is not only competitive with owning and maintaining a home; in fact, it compares quite favorably.

That’s why we created the senior living Cost Comparison Worksheet. Once you see everything that’s included with residency at Woodland Pond, as well as the many unexpected extras — such as potential tax advantages — you’ll have a more accurate idea of the real value of choosing our community.

Cost Comparison Worksheet

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CURRENT MONTHLY EXPENSES WOODLAND POND EXPENSES

HOUSING

Mortgage, Rent, Fees Included
Property Taxes Included
Homeowners Insurance Included
Tenant Insurance
Neighborhood Association Fees Included
Storage Included

UTILITIES

Electric Included
Water and Sewer Included
Heat Included
A/C Included
Trash Collection Included
Cable, TV, Internet

HOME SECURITY

24 Hour Security Included
In-home personal response system Included
Personal Emergency Response Pendant Included

HOME MAINTENANCE

Bi-weekly housekeeping service Included
Annual Deep Cleaning service Included
Weekly Linen Service Included
Appliance Repair and Maintenance Included
Lawn Care and Landscaping Included
Snow Removal Included
Pool Maintenance Included
Interior Maintenance: Heating, Cooling, Plumbing, Electrical Systems, etc. Included
Exterior Maintenance: Roof, driveway, windows, gutters, etc. Included

TAXES

Real estate taxes Included
Tax deductions for prepaid  Medical Expenses A portion of your Entrance Fee and Monthly Service fees may be tax deductible. (Please consult your tax advisor).

FOOD/DINING

Groceries
Restaurant-style Dining $300 Monthly Dining Allowance per person included

TRANSPORTATION

Car  (Gas, Maintenance, Insurance)
Scheduled bus transportation for medical appointments, shopping and events. Included

MEDICAL CARE AND INSURANCE

Medicare Premium
Supplemental Insurance
Personal Emergency Response Pendant Included
Priority access to Assisted Living, Memory Care, and Skilled Nursing Care Included
Priority access inpatient and outpatient physical therapy, occupational and speech therapy Included

MISCELLANEOUS

Fitness Club Membership Included
Instructor Led Fitness Programs Included
Entertainment Included
Recreational Activities Included
Educational & Cultural Programs Included
Art Classes Included
Beauty / Barber Services On-site

Total Monthly Expense

$0

$3,259- $6,560
*Based upon size of residence and number of occupants
Find detailed information on Woodland Pond fees here.
Or simply call us at (845) 256-5520.