When you think of a gated community, what comes to mind? Probably things like safety, security, exclusivity, celebrities, expensive homes, and more. But what else lies beyond those gates? And is a home in one of these neighborhoods the right fit for you and your family?
Let’s explore some of the pros of gated communities to get a better idea of how things operate behind the wrought iron columns.
Privacy and Security
Gated communities provide a lot of benefits to the residents that live within them, though the amenities don’t come cheap.
The number one reason people choose to live in gated communities is likely the security element. Because a gated community is private, it is more difficult to access than a standard community.
Criminal activity is reduced in gated communities, and solicitors will have a more difficult (if not impossible) time bothering residents. In fact, the only solicitors you’ll probably get will be neighborhood kids trying to sell you magazines and girl scout cookies.
This is clearly a beautiful thing if you’ve ever lived outside a gated community and dealt with crime and/or solicitors. Of course, there is a cost associated.
And there’s no guarantee you won’t be the victim of crime in a gated community. The gate only acts as a deterrent, not a foolproof solution. So you should still keep your doors locked and valuables out of sight.
Also note that some gated communities merely have an automated gate with a keypad, while others have live guards. The latter will be more expensive, but also provide much more security.
Traffic and speeding cars are also reduced behind the gates, making it quieter and safer for children to play and ride bicycles within these neighborhoods. You likely won’t have the morning commute using your street as a shortcut either, as much as they may want to.
There may also be social benefits, such as a community center or events that promote group activities for families to get to know each other.
Another positive aspect of gated communities is a higher standard of home quality, and stricter building codes that promote uniformity in design. That means more comparable sales and better value for all the homeowners within the community.
You shouldn’t have to worry about that weird neighbor with the bizarre lawn display or unkempt yard.
Homeowners in these neighborhoods also generally have a higher pride of ownership, and keep their homes in better condition. Along with that, gated communities create a scarcity effect, with few homes within these neighborhoods typically available for sale at the same time, adding more bite to the value.
Source: The Truth About Realty