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‘A better value’

Eagle’s Trace offers amenity-rich environment at reasonable cost

Created date

October 14th, 2014
resident with sales director

Bob Crawford is a man who does his homework.

“Choosing a retirement community is a big decision,” says Bob, who retired from Procter & Gamble after 37 years with the company. “It’s important to consider all the options.”

Bob moved to Eagle’s Trace, an Erickson Living community in West Houston, in February 2013.

“I was living in a patio home in Barker’s Landing,” says Bob. “It had three bedrooms, two and a half bathrooms, and a swimming pool. It was a lot to take care of, and worse yet, it made me feel lonely.”

At an event at Memorial Drive United Methodist Church, Bob happened upon a booth sponsored by Eagle’s Trace.

“I started to receive invitations to events at Eagle’s Trace,” he says. “The more I visited the community, the more interested I became. I kept coming and finally decided to pull the trigger.”

Examining the options

Before Bob made his final decision, he weighed all his options.

“I looked at several retirement communities in Houston to compare their amenities and financial structure,” he says. “I wanted to make sure I was getting a good value for my money.”

Bob visited retirement communities that operate on a rental basis, as well as continuing care communities, like Eagle’s Trace, that require an entrance deposit but offer lower monthly service fees.

“I liked the concept of an initial deposit with lower monthly fees,” says Bob. “The rental properties didn’t appeal to me because the monthly charges were substantially higher for comparable apartments.”

To confirm his instincts, Bob did the math.

“I compared the monthly fee for an apartment at Eagle’s Trace and the monthly fee for a similar apartment at a rental community in Houston,” he says. “If I put the difference between the two monthly fees into an account, I would save an amount equal to the entrance deposit at Eagle’s Trace in 5.4 years.”

Bob says it gives him peace of mind to know that the entrance fee at Eagle’s Trace is 90% refundable to him or his estate.

“Money that goes to a rental property is gone forever,” says Bob. “When I moved to Eagle’s Trace, I transferred the equity in my patio home to cover the entrance deposit. That money is still there. I haven’t thrown it away.”

Amenity-rich environment

Bob says the lower monthly service fee is a bargain for the lifestyle he enjoys at Eagle’s Trace.

“No other community offers more amenities under one roof,” he says. “We have a medical center, a fitness center, an indoor swimming pool, a bank, a pharmacy, two restaurants, and a lake with walking trails. Across the board, Eagle’s Trace is a better value.”