Understanding the Cost of Goodwin House in Bailey's Crossroads: 1 Minute to Discovering the Costs Involved

Goodwin House in Bailey's Crossroads is a highly regarded senior living community located in Northern Virginia, offering a range of residential options and services tailored to older adults. When researching the cost of Goodwin House, it’s essential to consider the factors that impact pricing, the types of contracts available, and how these costs compare to other senior living communities in the region.

Types of Residences and Contracts

Goodwin House provides a variety of apartment sizes, from studios to two-bedrooms, with pricing based on the size and type of residence selected. The community typically operates under a Life Care contract (Type A), which ensures that as residents' care needs change, they can access higher levels of care—such as assisted living or skilled nursing—without dramatic increases in monthly fees.

Entrance Fees & Monthly Fees

For 2024, entrance fees at Goodwin House Bailey’s Crossroads generally range from approximately $110,000 for smaller studio apartments up to $700,000 or more for the largest two-bedroom units. The monthly service fees typically start around $3,000-$4,000 for studios, rising to over $8,000 for the most spacious apartments. These fees cover most utilities, dining, housekeeping, wellness programs, transportation, and access to healthcare services.

What’s Included in the Cost?

The cost of residency at Goodwin House covers nearly all living expenses, including:

1. Maintenance-free living (housekeeping, laundry, repairs)
2. Chef-prepared meals
3. Utilities (water, electricity, cable, Wi-Fi)
4. Access to fitness centers and social activities
5. Scheduled transportation
6. Healthcare services (including access to on-site medical staff and priority admission to higher levels of care)

Additional Considerations

Pricing may fluctuate based on factors like second occupants, specific tours and service upgrades, or customized healthcare plans. It’s advisable to request a personalized quote and financial plan from Goodwin House to accommodate your specific needs or those of your loved ones.

Comparison to Other Senior Living Communities

Compared to other Life Plan Communities (continuing care retirement communities) in the DC Metropolitan area, Goodwin House is positioned as an upper-tier provider due to its comprehensive care and amenities.

As a designer, I always remind clients considering downsizing or relocating to prioritize not just budgets, but also spatial comfort, aesthetics, and multifunctionality within residential units. Floor layout, natural lighting, and flow can significantly affect wellbeing. Tools like a home designer platform are invaluable for visualizing your new living space before making this important commitment, helping you maximize both beauty and practicality for senior living.

Tips 1:

When evaluating senior living options, carefully compare what’s included in the quoted price and review the residence floor plan for accessibility and comfort. Schedule a virtual or in-person tour of the apartment to ensure it fits your lifestyle and needs.

FAQ

Q: What is generally included in the monthly fees at Goodwin House Bailey’s Crossroads?

A: Monthly fees cover housing, meals, utilities, housekeeping, transportation, fitness programs, and access to various levels of healthcare.

Q: Are entrance fees at Goodwin House refundable?

A: Certain contracts may offer partially refundable entrance fees. It’s best to discuss details with the admissions team for the most current policies.

Q: How does the Life Care contract benefit residents?

A: The Life Care contract ensures predictable costs and guaranteed access to higher levels of care as the resident’s needs evolve, without significant fee increases.

Q: Can couples live together at Goodwin House, and how does that affect cost?

A: Couples can share an apartment; there is typically a second-person fee added to the monthly service fee and the entrance fee may also be adjusted.

Q: How can I visualize my future living space in Goodwin House?

A: Using digital tools like a home designer platform allows you to map layouts, select furnishings, and experiment with space planning before moving in.