The best way to get a clear understanding of the financial details is to set a personal appointment. And acknowledge that almost everyone wants to know, “What does it cost?” and “Can I afford it?” so we are happy to provide a general overview of the financial details, price ranges and additional information to consider as you explore our community.
Read on to learn more…
The Financial Basics
There are two (2) financial components when moving to Carriage Oaks.
The Entrance Fee
A one-time larger, up-front investment refundable at the time you leave the community and upon transfer to another qualified resident. This return may include the appreciated market value of your Carriage Oaks home minus refurbishing costs and current administrative fee.
The Monthly Fee
An ongoing monthly service fee that covers the services listed under Services & Lifestyle Amenities. As noted, it is subject to periodic increases. The community is operated on a nonprofit basis; therefore, any increases in the monthly fee are limited to actual increases in operating costs, and determined by the Board of Directors.
How Much Does It Cost?
The table below shows the current Entrance Fee and Monthly Fee price ranges for the Carriage Oaks apartment homes valid through July 2017. For the exact cost of a specific apartment home, please set an appointment to meet with a Carriage Oaks representative.
Call today! 630-584-0029
|Floor Plan Description||Entrance Fee Ranges||Monthly Fee Ranges||Second Person|
|1 Bedroom – 1 Bath
645 s.f. to 938 s.f.
(5 floor plans to choose from)
|$56,830 to $143,706||$1,068 to $1,855||No Charge|
|2 Bedroom – 1 Bath
(1 floor plan to choose from)
|$75,510 to $143,706||$1,368 to $1,855||No Charge|
|2 Bedroom – 2 Bath
1.096 s.f. to 1,542 s.f.
(6 floor plans to choose from)
|$85,670 to $203,252||$1,531 to $2,675||No Charge|
NOTE: As with any senior living community, Monthly Fees will typically increase slightly on an annual basis. Nationally these annual increases will average 3% to 5%.
Dare to Compare!
The “Dare to Compare” cost comparison worksheet will guide you through a simple comparison of what it costs you to stay in your current home vs. living at Carriage Oaks. Our Executive Director will help you determine the costs at Carriage Oaks based upon your choice of residence size and location.
Financial Analysis Worksheet
|Estimated Monthly Living Expenses (based on 1247 sq ft. 2bd/2bth):||Monthly Cost at
Your current Home
|Monthly Cost at
|Monthly charge at Carriage Oaks||$|
|Real Estate Taxes||$||$ Included!|
|Liability & Structural||$||$ Included!|
|Homeowner’s Association||$||$ Included!|
|Electricity||$||$ 52.00 (Recent Averages)|
|Gas||$||$ 31.00 (Recent Averages)|
|Water/Sewer||$||$ 15.00 (Recent Averages)|
|Garbage Pick-up||$||$ Included!|
|Cable TV over 100 Channels||$||$ Included!|
|Lawn Cutting, Trimming, Fertilizer||$||$ Included!|
|Snow Removal||$||$ Included!|
|Pest Control||$||$ Included!|
|Window Washing||$||$ Included!|
|Soft Water Salt||$||$ Included!|
of Standard Residence Finishes
|Parking Rental||$||$ 45.00 (Under-building)|
|Health Club Membership||$||$ Included!|
|Scheduled Transportation||$||$ Included!|
|Total Monthly Cost at Home|
|Total Monthly Cost at Carriage Oaks|