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Waldorf: One of America’s 50 Best Cities to Live

Joseph Coupal - Wednesday, June 20, 2018

Abberly Square, Waldorf, MDAs the land of opportunity, the United States has attracted people from around the world for centuries. Yet not all parts of the country are equally desirable, and some cities are far more liveable than others.

On an individual level, subjective measures often override other, more objective, considerations. Sometimes, we live in a place simply because it is where we grew up — it is familiar and where we feel at ease. Still, a range of factors can help compare U.S. cities objectively. Low crime, a healthy economy, and affordability are just a few examples of universally desirable attributes in any community.

24/7 Wall St. created an index of over three dozen socioeconomic measures to identify the 50 best American cities to live in. The most liveable cities span the country — from the Deep South to New England and from the Mid-Atlantic to the Pacific Northwest.

18. Waldorf, Maryland

  • Population: 75,448
  • Median home value: $276,900
  • Poverty rate: 8.2% (bottom 25%)
  • Pct. with at least a bachelor’s degree: 27.8%

Waldorf, Maryland is one of several Washington D.C. suburbs to rank among the best cities to live in. Not only do area residents have easy access to entertainment venues and cultural amenities in the nation’s capital, but also Waldorf itself has a greater concentration of restaurants and cafes than is typical nationwide.

Relatively few Waldorf residents are struggling financially. The typical area household earns about $96,900 a year. Additionally, only 8.2% of the local population lives below the poverty line, below the state and national poverty rates of 9.7% and 14.0%, respectively. High income areas like Waldorf are the reason Maryland is the wealthiest state in the country.

For more information on apartments in Waldorf, MD contact Abberly Crest.

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247wallst.com


Downsize Your Home for Retirement

Joseph Coupal - Thursday, June 14, 2018

Abberly Square, Waldorf, MDMost likely your home is your biggest asset. It’s also your biggest expense. Unfortunately when it comes to retirement planning, the family home is often last on the list of later-in-life changes.

There are many reasons for this delay. Emotionally it’s difficult to let go of a home filled with memories; moving can be a big process; and downsizing to a smaller home or condo may not produce a substantial cash windfall. For these reasons, many retirees delay for years moving into an apartment.

However, in many cases the benefits of downsizing sooner rather than later can be significant.

The financial benefits may seem small initially, but in the long term they can extend the life of your retirement savings. You may hesitate to sell a mortgage-free house and move to an apartment with a monthly rent payment, but with a home many of the expenses are hidden. It’s the ongoing maintenance such as: roof, furnace, windows, grass cutting and landscaping or snow removal — not to mention the annual costs of heat, electricity and taxes on a large older home. These costs add up to a substantial amount.

Selling your home will eliminate any mortgage or other debt and reduce your monthly expenses. Add in the income you will earn from investing the equity of your home and the savings from no home maintenance. Compare that to the monthly rental payment of an apartment.

In many cases retirees are financially better off by renting. If downsizing makes sense, don’t wait. Sometimes people have a hesitation to downsize because they like to keep the family home so when children and grandchildren visit they can stay there. You should carefully consider the cost of this decision. It’s cheaper to pay for a hotel for the relatives than cling to the family home and all its associated costs (taxes, maintenance, heat, etcetera).

Trading the variable and hidden costs of home ownership for the visible cost of an apartment can help with planning and budgeting. You know what your fixed costs will be.

Even without a mortgage, housing will often account for 30% of retirement expenses.

Besides the financial benefits, is simply the practicality. Many people fail to consider how the aging process makes it harder to move. The process is exhausting at a young age. It’s much more daunting for retirees.

For more information on apartments in Waldorf, MD contact Abberly Square.

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thechronicleherald.ca


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

Joseph Coupal - Thursday, June 07, 2018

Abberly Square, Waldorf, MDOwning 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 Maryland - 49%.

For more information on apartments in Waldorf, MD, contact Abberly Square.

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Nerdwallet.com


Downsizing is Often Upgrading

Joseph Coupal - Thursday, May 31, 2018

Abberly Square, Waldorf, MDPick up a design magazine or scan the real estate section of the local newspaper and you’ll probably find something about downsizing. But the word means different things to different people. Downsizing often means moving into smaller, less expensive spaces, but some people are trading up and starting over.

However, according to the US Census, more than half of homeowners in the 55-to-64 age group are not buying new properties — luxury or otherwise. Some of them are staying where they are, but a growing number are selling their homes and moving into rentals like apartments in Waldorf, MD.

We have found a sharp swing toward moving to rental apartments compared to homeownership among the 55-plus population. During 2000, just over half (52.5 percent) of older recent movers moved to a rental. This proportion rose to 63 percent by the end of 2015.

Regardless of whether they are looking to buy or to rent, downsizers are a highly visible group these days.

Whether downsizers sell and buy or sell and rent, there is one tax advantage, a “big one”.

US tax law generally allows an individual seller “to exclude from federal taxes the first $250,000 of gain on the sale of a primary residence ($500,000 for married couples filing jointly) that has been occupied for at least two of the five years preceding the sale”.

This can be a big windfall for people who are selling in anticipation of retirement. Also, the aforementioned rule applies to the house sale, no matter if a cheaper or more expensive home is acquired to replace the sold residence or if no replacement is made, e.g., the homeowner moves to a rental.

Retirees can trade space for the lifestyle. Once you get to a certain point in your life, it becomes apparent what spaces — and stuff — you use and need.

For more information on 2 bedroom apartments in Waldorf, MD, contact Abberly Square.

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Boston Globe


Maryland is #10 in Best States Rankings for 2018

Joseph Coupal - Wednesday, May 23, 2018

Abberly Square, Waldorf, MDThe headline may be the ranking of the top 10: Massachusetts, New Hampshire, Minnesota, North Dakota, Washington, Iowa, Utah, Maryland, Colorado and Vermont. Yet the story goes much further, including an exhaustive 50 state-by-state roster of metrics supporting rankings across dozens of subcategories. It explains in detail how they're ranked, and offers readers a unique and simple interactive tool that enables anyone to compare any one state with any others.

In a union such as this, each state has something to learn from the others. Some have better health care, some better education, some more economic opportunity for their citizenry. Drawing any comparisons should be more than a matter of bragging rights. It requires clear-eyed measures to make real judgments.

That's what Best States is all about. It's a platform for not only rankings, but also ongoing fresh reporting about news, trends and developments state by state.

Best States also arrives at a time of renewed focus on power devolving to the states from Washington, D.C., enabling policy-makers to understand how some states are best performing with the responsibilities they're assuming.

U.S. News, with deep experience in rankings and analysis, has assembled thousands of data points about the states and produced an online portal that enables anyone to easily see what makes some states stronger and draw comparisons with others. The project is powered by a Leading States Index developed by McKinsey & Company, which has extensive experience in consulting focused on the improvement of state governance.

The benchmarks reach across seven broad categories – health care, education, opportunity, economy, infrastructure, crime & corrections and government – and include 68 metrics within the larger categories. The data come from reliable governmental and private sources, and the weight assigned to each category is based on a survey conducted about what matters most to people about their states.

Health care and education are weighted most heavily.

Some states, while not ranking highly overall, also excel in some areas.

It's an "interesting array of states, some blue, some red, some purple." You look at the top 20, and it's a broad mix. It's not the usual suspects in some ways.

"It's hard to be good at many things," Kelly says. "The value of a ranking like this is we use our judgment to say, it's not just one thing that makes a state great. It's a combination of things. Are you serving your whole population?... You have a healthy economy, but is everybody in the state participating in that economy? Is everybody participating in the health care system? It's a lot of things that matter."

Because so much of the data involved in this evaluation is public – yet often tied up in difficult to navigate government websites – Best States delivers it all. There's terrific value in evaluating states this way. If you step back from it, what you realize is the U.S. is a grand experiment in government. And a lot of that experimentation happens at the state level.

On this year’s list, Maryland is in the top ten.

For more information on apartments in Waldorf, MD contact Abberly Square.

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US News


Finding Pet Friendly Apartments

Joseph Coupal - Friday, May 18, 2018

Abberly Square, Waldorf, MDIf you have a four-legged friend, you may be looking for a pet-friendly apartment in Waldorf, MD. Sometimes when you have a pet, it makes the apartment search a bit tougher than normal.

Here are some tips on how you can find the perfect home to rent for both you and your pet.

Look specifically for pet-friendly communities

It seems obvious, but apartment hunters would save themselves from a lot of heartache if they concentrated on finding pet-friendly apartments from the outset. What you don’t want is to find an apartment you love, only to be crushed when you discover you can’t bring your pet along.

Always start a conversation

You can talk to the property manager or landlord. The number one factor that leads landlords to ban pets is fear of damage to the unit. A little assurance goes a long way.

Create a pet résumé

It may seem silly, but a ‘pet résumé’ is a great tool to show landlords that you take their concerns seriously and also answers any questions they have about your pet. Include a photo of your pet, along with its name, weight and any medical information - for example, is it spayed or neutered? Is your cat declawed? In addition to being a convenient page for property managers to reference, it also reassures the landlord you are taking this seriously.

Follow the rules

Whatever you do, don’t even think of sneaking your pet into a building where pets are forbidden. You will be breaking a contract. A lease is a legal document and not following it could lead to being fined or losing your security deposit — or even being evicted.

For more information on pet friendly apartments in Waldorf, MD contact Abberly Square Apartments.

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Metro


Maryland: A Great State for Life After College

Joseph Coupal - Friday, May 11, 2018

Abberly Square, Waldorf, MDYou've graduate from college, now it’s time to decide where you want to put down roots and start a career. Transitioning into the “real world” can be difficult, especially when you start to consider long-term goals.

You want a state that has excellent projected employment growth rates; and second, that offers earning potential that is relative to the cost of living in the state.

How about Maryland? Although Maryland is home to one of the country’s more expensive housing costs, the median salary for the most employable degrees can help offset that cost. There are strong employment opportunities in both business and technology. Entrepreneurship is also experiencing massive growth.

For more information on apartments in Waldorf, MD, contact Abberly Square Apartments.

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College-USA Today


Gorgeous Aparments in a Great Location

Joseph Coupal - Thursday, May 03, 2018

Live well in spacious apartment homes in a gorgeous community setting with attractive natural views and beautiful terrain. These apartments in Waldorf, MD are a perfect blend of spacious interiors, outstanding features in desirable location that provides residents a style of living like no other. Convenient but not congested and located just 28 miles from Washington D.C., Abberly Square is tucked away in a scenic setting with quick access to everything.

For more information, contact Abberly Square.

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Apartment Hunting in Waldorf, MD

Joseph Coupal - Thursday, April 26, 2018

Abberly Square, Waldorf, MDAt Abberly Square you will experience exceptional living, squarely within reach. Residents will have an array of options to choose from including one, two, and three bedroom apartments ranging in size from 715 to nearly 1,500 spacious square feet. With 19 large, unique floor plans, we have a something for all lifestyles.

Discover the comfort of spacious floor plans with designer touches such as designer kitchens with gorgeous mocha wood cabinets with granite counter tops, deep, soaking tubs or glass enclosed showers, stunning 9-10' ceilings with triple crown molding and the list goes on and on.

Grab a good book and soak up the sun at the invigorating pool with large sundeck and private cabanas. Challenge friends to a competitive game of billiards or foosball in the S Lounge. Go for a stimulating workout in the Adrenaline Cardio & Strength Studio or enjoy a casual afternoon stroll on the winding walking trails. Enjoy the ideal location within minutes of upscale shopping, dining and recreation and the benefit of easy commutes to Washington, DC, Northern Virginia and the Beltway. At our apartments in Waldorf, MD, you will love having our customer focused onsite management and maintenance team.

Abberly Square in Waldorf, MD is a wonderful place to make your new home. Compare 1 to 3 bedroom apartment options and then stop by for a visit to see them in person. At Abberly Square, great amenities and features are waiting for you. Keep your car charged at the community charging station, teach your dog to fetch at the pet play area, and get your sweat on at the state-of-the art fitness center. You'll also have access to: available parking options, convenient recycling, and our coffee bar. That and much, much more is waiting for you!

For more information, contact us.

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Move to Maryland

Joseph Coupal - Thursday, April 19, 2018

Abberly Square, Waldorf, MDMost 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.

6. Maryland

  • 10-yr. population change: +7.1% (22nd smallest increase)
  • Annual unemployment: 4.3% (19th lowest)
  • Poverty rate: 9.7% (3rd lowest)
  • Life expectancy at birth: 79.3 years (22nd longest)

The typical Maryland household earns $78,945 a year, the highest median income of any state and about $21,300 more than the typical American household income. The higher incomes translate to a relative lack of serious financial hardship in the state — Maryland is one of only six states in which fewer than 1 in 10 residents live in poverty. The higher incomes also mean more Maryland residents can afford healthy diets and lifestyles, and the state’s life expectancy of 79.3 years at birth is nearly half a year longer than life expectancy across the country as a whole.

Maryland’s favorable socioeconomic outcomes are underpinned by a well-educated population. Some 39.3% of adults in the state have at least a bachelor’s degree, a larger share than in all but two other states.

For more information on apartments in Waldorf, MD, contact Abberly Square.

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24/7 Wall St



Abberly Square Apartment Homes

2350 Eden Woods Drive, Waldorf, MD 20601
844-652-1446 240-585-7263 Email Us View Map