The popularity of living in gated, or private communities has been rising in recent years. It used to be that gated communities
were thought of as being only for the rich. But today they are becoming more and more popular with middle and upper middle class
families. Security is usually given as the biggest reason for choosing to live in a gated community. Among the other reasons people
are attracted to living in these communities are protecting property values and lifestyle. Many gated communities are designed with
amenities built around a particular lifestyle, with golf courses, tennis, swimming pools, or equestrian facilities. Gated communities
are usually located on some of the most desirable land in the area. Prime land, combined with careful planning and HOA rules create an
environment where home values hold up extremely well.
Aside from the gates or walls, the second most defining characteristic of gated or private communities is the Homeowner’s Association
(HOA). The HOA is made up of all the owners of the development. The HOA is responsible for collection of the Association fees and making
and enforcing the “rules” of the community. It is often also responsible for maintaining the public aspects of the community, such as
streets, security, parks, etc.
The rules set by the HOA can vary a great deal, depending on the individual development. Typically the HOA will have rules pertaining
to upkeep and appearance of homes within the development, specifying the colors of paint on outside walls, types of fencing, guidelines
for landscaping and storage of boats or recreational vehicles.
Gated communities aren't for everyone. But with strong protection of property values, increased security, less traffic and amenities
for your specific lifestyle, they are appealing to more people each year.