The Impact of gated communities on property values

In the realm of real estate, gated communities have become the popular choice for homeowners with their alluring benefits of security, privacy, controlled access, exclusivity and amenities for both entertainment and recreation. And giving the luxury of this type of lifestyle, many are also curious about how these carefully planned developments affect property values.

The answer, says Berry Everitt, is that they have an extremely positive effect, due to the fact that most gated estates are well-designed and laid out, have higher construction standards and architectural consistency and enable residents to enjoy a greater level of privacy, safety and access to high-end amenities. 

"Quite simply, homes in these developments are perceived by buyers to be more valuable than those in non-gated, traditional suburbs, and have also proved to be an attractive investment, as many owners continue to sell their estate homes for a considerable profit."

The following, he says, are the most important reasons that gated communities enhance the value of residential properties:

1. Private community

Homeowners are drawn to the exclusivity of a private and controlled environment where the entry and exit of visitors, service providers and contractors as well as residents is closely monitored and restricted. Many love the secluded feel of a private community which is closed off from the outside world and this exclusive living space is a major selling point that drives up demand and property prices.

2. Safety and security

Gated communities are known for their high levels of security. The rigorous access controls, dedicated 24-hour security personnel and lower crime rates in such developments are attractive to property buyers who feel more assured about the safety of their families.

3. Amenities

These private communities often boast a range of leisure and entertainment amenities, sporting facilities and fitness centres, clubhouses, playparks, swimming pools, convenience stores business centres and much more. These amenities are usually well-maintained and enhance the quality of life in the estate, making it even more attractive to buyers who are seeking a holistic lifestyle in an affluent, secluded environment.  This further enhances property values.

4. Ideal location

Most gated communities are conveniently located in urban or suburban areas with easy access to public roads, good schools, hospitals and shopping centres. 

5. Good management

Residents in gated communities enjoy a private, serene environment that is not only separate from the busyness of the outside world, but usually also well managed with regard to the internal roads, landscaping and other infrastructure, and the back-up supply of electricity, water and other services. The closed environment also allows for noise regulation and other strict controls to ensure harmonious living. 

6. Green community

Gated communities are known for fostering a greener atmosphere because many developers now prioritise sustainability and are environmentally conscious right from the planning stage. And eco-friendly environments definitely have a positive impact on property values as they attract the increasing number of home buyers who are focused on achieving a greener lifestyle.

If you're planning to buy a home in a gated community, contact an experienced Chas Everitt property professional today.