Financial Benefits
A Smart Part of an Overall Financial Strategy
Owning a share in The Village at Duxbury Cooperative Corporation is a smart financial decision as part of an overall financial strategy. Unlike endowment communities where the upfront capital investment relies on a promise to be repaid upon leaving, residents of The Village at Duxbury have a share that can be sold at current market prices.
Predictable Expenses
One monthly service fee simplifies your expenses. Enjoy the predictability of one monthly amount that covers real estate taxes; utilities including water, sewer, electricity, heat, and air conditioning; plumbing and electrical repairs; landscaping and maintenance; 24-hour security; 24-hour emergency assistance; and management fees. The service fee also includes many activities, fitness and wellness programs, and scheduled transportation. Fees vary depending on the style of residence selected and the number of residents in that dwelling.
Tax Benefits
As an owner, residents may deduct real estate taxes and other qualified expenses from their income. Shareholders receive an annual report to facilitate individual tax preparation. Consult your financial advisor to determine the best strategy for your personal situation.
Cost Comparison: The Value of Ownership
When you consider the big picture, ownership at The Village at Duxbury may cost even less than you imagine. Your monthly fee not only covers expenses such as real estate taxes, utilities, repairs, landscaping, maintenance, security, and emergency assistance, but also includes many activities, fitness and wellness programs, and scheduled transportation. Many of our residents find they can reduce their automotive expenses.
Use our cost comparison worksheet (downloadable PDF or XLS download) to get a clearer picture of the value of cooperative ownership at The Village at Duxbury.
A move to The Village at Duxbury allows you to right-size your home without downsizing your lifestyle. The sale of your current residence can free up capital for investment, and as an owner in The Village you can continue to benefit from real estate tax deductions and other qualified expenses.