Gated Communities

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 wealthy. 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 and walled 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 such as part-time residents.  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 and 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 the pool, spa, steam room, 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, guidelines for landscaping and storage of boats or recreational vehicles.  The best news is Hidden Lake Condominiums HOA fees are very reasonable! 

With strong protection of property values, increased security, less traffic and amenities for your specific lifestyle, walled and gated communities are appealing.  You can feel at ease whether you are a resident, investor or part-time resident.