Prairie Village Rates
You become a Prairie Village Resident by signing a “Life Lease” agreement with Fairhaven and paying the Entry Fee for your specific home. The Life Lease allows you to live at
Prairie Village for as long as you like. It also allows you to leave at any time and for any reason. You can remain a resident of Prairie Village, rent free, for as long as you like. Upon your departure from Prairie Village, you, or your estate, will receive a refund
of 90%* of the Entry Fee base price you paid or the new Entry Fee as established by a subsequent Life Lease holder, whichever is less. Refunds are made once the home has been leased by a new resident and a new Entry Fee is paid.
The amount of the Entry Fee is determined by the base price of the home and the cost of any upgrades or options you may want to include. The current price range for new homes at Prairie Village is $245,000 - $250,000.
Home sites are available for selection now.
Contact Tim Probst at (262) 473-9450
for more information.
* The Entry Fee refund amount decreases to 85% after 10 years of occupancy and an additional 5%
for subsequent 5 year increments down to a minimum 75% refund after 20 years of occupancy.