Avery Point

Avery Point

Welcome to Avery Point, an assisted living facility located in Richmond, Virginia.

The cost of assisted living at Avery Point starts at a monthly rate of $4,548 to $4,548. There may be some additional services that could increase the cost of care, depending on the services that you may need. This community offers an independent living option.

This community does not allow residents to have pets. It's always a good idea to check when you visit the community to verify that pets are not allowed.

ElderLife Financial Independent Review of Avery Point

At ElderLife Financial, we believe understanding the financial side of senior living is just as important as understanding the care, lifestyle, and community experience. Families want to understand not only what a community costs, but whether residents and families feel they receive value in return for that investment.

Independent Review Disclosure

This is our independent financial review of Avery Point. We are not affiliated with Avery Point and do not receive compensation from them. This review is based on public information, community disclosures, and real family reviews both positive and negative.

Based on the limited resident and family feedback available, Avery Point appears to deliver strong value for independent living residents who prioritize lifestyle, dining, social opportunities, and community engagement. Residents consistently described positive experiences with staff, neighbors, activities, and overall quality of life, with several expressing confidence that moving to the community was a good decision.

The amenities most frequently cited as enhancing value included restaurant-quality dining, a wide variety of daily activities, attractive community spaces, and opportunities to build friendships with other residents. For residents seeking an active independent living environment, these features appeared to contribute significantly to satisfaction and perceived quality of life.

At the same time, some families raised concerns about expectations that influenced their decision to move to the community. One family reported choosing Avery Point based in part on representations that assisted living services would become available shortly after move-in, only to experience repeated delays. For families evaluating long-term value, particularly those anticipating future care needs, this issue affected their perception of whether the community delivered on expectations.

What Families Felt Provided the Most Value.

• High-quality dining options that residents described as enjoyable and consistently good.
• Extensive activities, social opportunities, and a strong sense of community among neighbors.
• Professional staff and an attractive living environment that contributed to an enjoyable independent living lifestyle.

Potential Financial Considerations.

• Families expecting access to assisted living services in the near future may want to carefully evaluate current timelines, as some residents expressed frustration regarding delays in planned assisted living availability.
• One prospective resident reported difficulty obtaining pricing information, which may create challenges for families seeking to compare costs and evaluate affordability.
• Some feedback suggested that certain design and accessibility features did not fully meet expectations for a community serving older adults, potentially affecting perceived value for residents with evolving mobility needs.

Understanding The Cost Of Avery Point

Avery Point operates as a Continuing Care Retirement Community (CCRC), which differs from many traditional senior living communities. Rather than paying only a monthly rent, residents typically pay both a one-time entrance fee and an ongoing monthly service package.

Current published pricing includes:

Deluxe 1 Bedroom, 1.5 Bath

80% Refundable Entrance Fee: $347,000–$449,000

Declining Balance Entrance Fee: $256,000–$315,000

Monthly Service Package: $2,707

1 Bedroom, 1.5 Bath with Den and Patio/Balcony

Entrance Fee Range: $279,000–$466,000

Monthly Service Package: $2,990

2 Bedroom, 2 Bath with Patio/Balcony

Entrance Fee Range: $301,000–$565,000

Monthly Service Package: $2,990–$3,405

Deluxe 2 Bedroom, 2 Bath with Patio/Balcony

Entrance Fee Range: $350,000–$699,000

Monthly Service Package: $3,559–$3,847

Premium 2 Bedroom, 2 Bath with Morning Room and Patio/Balcony

Entrance Fee Range: $418,000–$830,000

Monthly Service Package: $4,028–$4,595

2 Bedroom Plus

Entrance Fee Range: $445,000–$940,000

Monthly Service Package: $4,298–$5,478

A second resident monthly fee may also apply.

The monthly service package includes many expenses that residents would otherwise pay separately, including utilities, internet, maintenance, transportation, security, landscaping, meal plans, cable television, and access to community amenities.

Who This Community May Be Worth the Cost For.

• Independent seniors seeking an active lifestyle with frequent social engagement and daily activities.
• Residents who place significant value on dining experiences, community atmosphere, and neighbor relationships.
• Older adults whose current needs are primarily independent living and who are not relying on near-term availability of assisted living services as part of their decision-making process.

Overall, resident feedback suggests that Avery Point delivers meaningful lifestyle value for many independent living residents through its dining, activities, and community environment. However, families should carefully consider future care expectations and verify the availability and timing of planned services when evaluating the community’s overall value proposition.

Financial and Planning Considerations

As with any CCRC, families should carefully evaluate entrance fee structures, refund provisions, monthly service packages, and future care options when assessing long-term value.

Some resident and family feedback referenced questions regarding future care planning and service availability. Families considering Avery Point as part of a long-term aging plan may wish to discuss current care offerings, future service availability, and contractual provisions directly with the community.

Families should also request complete pricing schedules, entrance fee information, refund terms, and future care cost details when comparing communities.

Detailed Amenity information is available at Avery Point