Gated-communities are becoming increasingly popular with home-buyers. Associated with exclusivity, security and state-of-the-art amenities, they do make an attractive proposition. But what else lies beyond those gates? It is important to explore the pros and cons of gated communities before deciding whether they’re the right fit for you and your family.
Here’s a list of the pros and cons of gated communities:
Gated communities are exclusive little worlds in themselves, with access restricted to the privileged few who own homes within. Anything that’s exclusive is bound to be sought after, and by choosing to live in a premium gated community, you’re not just getting yourself a new postal address, but announcing your arrival by means of your lifestyle choice.
Security and privacy
Gated-communities are rigorously monitored at all the different entry-points to regulate who has access to the community. These communities are known to have top-of-the-line security systems in place, both in terms of trained personnel and technological installations such as CCTVs, intercoms, guest sign-in systems, etc.
The enhanced security automatically also leads to a sense of greater privacy with unwanted entities being carefully screened out.
Amenities and Facilities
Gated communities come with world-class amenities such as swimming pools, gymnasiums, children’s play areas, club-houses etc. These take care of the recreational needs of the entire family and you needn’t even step out to unwind.
Since gated communities are generally situated in carefully chosen localities that are secluded yet well-connected to the city and its conveniences, you’re assured easy access to every essential facility.
Sense of community
Gated communities foster a sense of close-knit community living. You forge new bonds. You belong. Your circle also forms a strong support system in times of emergency, especially valuable in today’s age of nuclear families.
Higher re-sale value
Gated communities are financially sound investment options. Being much sought after, they yield high returns on investment.
High Cost of the Home
Homes in gated communities are costlier than in standalone apartment-complexes. The exclusivity and the premium amenities come at a price- the pros and cons of gated communities are sometimes two sides of the same coin. But you will definitely get your money’s worth.
Ongoing Cost of Living in a Gated Community
There are additional costs associated with living in a gated community. Maintenance costs for the shared amenities and common spaces, as well as expenditure on security are some factors that push-up the ongoing costs of living in gated communities.
Entry only with permission
The stringent screening process for visitors at entry-points in gated communities can be a source of irritation for the people who are impatient.
Before making a choice, make sure to carefully weigh in these pros and cons of gated communities. However, choosing a gated community is always advisable since they are worth the extra money you shell out and improves your standard of living.