Living in a Gated Community
They popularity of gated communities is currently on the rise throughout the United States as families look to upgrade their home owning experience. If you're looking to purchase a home, considering a gated community might be worth a second thought. Gated communities are a collection of homes only accessible to their residents and guests, separated from the surrounding area by a gate or wall. They boast privacy, exclusivity and luxurious amenities. But they aren’t for everyone. When you're considering the best neighborhood for your family, you should always weigh the pros and cons before making a decision. Here are a few things to think about when you are deciding whether or not to purchase your home in a gated community.
The Pros of a Gated Community
Luxury Lifestyle –When choosing to live in a gated community, you are choosing to live with other like-minded people. In some of the gated communities in Orange County luxurious amenities include golf courses, tennis courts, pools, clubhouses and yacht docks along with breathtaking scenery to match. If exclusivity is one of your priorities, there is no better way to achieve this than living in a private community.
Security – While living in a gated community might not guarantee that your home won’t get broken into, it significantly reduces those chances. Most gated communities have some type of system such as a security guard, gate code or key card to keep intruders from entering the property. Some gated communities even have private security that patrols the property. Even in an unmanned community, barriers such as the gate can be a psychological deterrent to someone thinking about committing a crime in the community.
Higher Property Value – Homes built in a gated community are great investments as they tend to be on the higher end of beauty and design. Gated communities are also great places for families with children because of their increased security, which also adds to property value. They also have a better chance of increasing in property value and tend to stay steady during market fluctuations. All of these factors contribute to increased property values and the benefit of purchasing a home in a gated community.
The Cons of a Gated Community
Rules and Regulations— While living in a gated community has many perks, if you don’t like rules and regulations you might want to reconsider. In every gated community, there is an HOA. The HOA has standards with regards to how your yard and driveway are kept. Most require you to keep your landscaping and driveway impeccable at all times. Maintaining those things take time and money. The HOA also dictates other regulations such as the amount of guests that are allowed to be at your home at once, noise levels after a certain hour or even a uniform mail box or look.
Higher Cost—With all the luxury and prestige associated with living in a private gated community, there also comes the price tag. Living within a community that provides security, privacy and luxury amenities means an HOA is around to make improvements or maintain the current amenities. It also means that in order to live in a gated community, you will be contributing monetarily to the HOA monthly or annually. A higher price tag isn’t necessarily a bad thing, especially when it includes perks like amenities, but it is something that needs to be considered when deciding your budget for purchasing a home.
Buying a Home in a Gated Community in Orange County
There are so many different types of listings to choose from when buying a home, especially when you live in a geographically diverse region like Orange County. But, if living in a gated community is at the top of your list of qualities when purchasing a home, I can help you find the right home in the right community. Call me today at 949-285-3215 to discuss the listings available in one of the numerous gated communities in Orange County.