A Gated Community Home - is it for You?

As a real estate agent, often I am requested toand are avid golfers. Naturally, they would like to
find my clients specific types of homes and homepurchase a home within a gated community,
sites for building. These specifics typically include:which is either on or very close to the golf
Bay front, Lake front, water view, specificcourse. The community must offer dock space
number of bedrooms and baths etc. If you'vefor their boat and have a club house or
ever purchased a home, then you know exactlycommunity club with an exercise room or fitness
what I am referring to...center.
In recent months however, I've been increasinglyAs I show this couple the available communities, a
asked to locate homes or home building sites infew items are of particular interest to them:
gated communities around my service area ofSome gated communities offer limited or no
Bay County: more importantly, the Panama City -"through traffic" to the residents, which they
Lynn Haven metro area of Florida. I believe wevalue. The limited trough traffic value is for their
are all well aware of what a gated community is,grand children whom visit with them several times
but if not let's identify some characteristics ofa year. Homes within gated communities often
these communities...exhibit a strong pride of ownership. I've yet to
"A gated community is a type of residentialfind within a gated community a home with an
community which offers controlled access andunkempt lawn or debris scattered about the
entrances for pedestrians, bicycles, andproperty. In large part this is due to the
automobiles, and may feature a closed perimeterhomeowners' associations' rules, or covenants and
of walls and fences."restrictions which govern many of these
While gated communities are not a new form ofcommunities.
residence, they are often misunderstood. InHomeowner association rules often include
today's real estate market there remains arestrictions such as:
common misunderstanding that gated- No overnight street parking
communities are only for the wealthy and beyond- No boats, campers or RVs allowed in driveways
the means of the average home owner. This of- Houses must be painted only certain colors
course is not entirely true.- Landscaping must be pre-approved by an
While there are some upscale communities thatappointed committee
cater to a more costly living style, there are alsoAdditionally, residents of these communities take
many gated communities that offer similar lifepride in their community and self-monitor and
styles and amenities for the average home buyer.maintain their properties. To some these rules
In my area there are many of these types ofmay seem excessively restrictive, while to others
communities all offering various amenities andthey are a necessity to maintain their style and
benefits. From master planned gated lakequality of living. Many of these communities have
communities such as Lake Merial or Wild Heron, towhat I refer to as "spot light homes". These
master planned gated bay front communities suchhomes are the "premier" homes of the
as Bay Point.community. Often, they are built for specific
Each gated community may offer unique livingowners or for events such as the Panama City
and investment potential. For the consumerParade of Homes.
interested in these types of communities, thereThey will feature the highest quality construction
may also be additional benefits. When speakingmaterials and fixtures, and often are the highest
with my customers regarding their desire to ownpriced homes in the community. While many
a home in a gated community, an over-ridinggated communities offer luxury homes, vacation
factor seems prevalent: Gated communities arehomes, and luxury condos there are also those
perceived safer for children and families and offerthat offer affordable homes, condos and home
unique living styles for those that so desire them.sites.
They are also perceived as maintaining their homeThese communities may not have the full
values and appreciation.amenities of the more luxurious communities, but
While gated communities may not be forstill manage to offer safety, community spirit and
everyone, they do offer features many findmodest community pools and club houses. Many
attractive for their choice of style and quality ofof these practical communities are specifically and
living. Features such as private and semi-privateconveniently constructed near schools and local
marinas, on-site fitness clubs, golf courses andrecreation venues.
child day care are being required by home buyersSummary
more and more in today's real estate market.Not all master planned gated communities have
These features and amenities tend to beuniformed security guards and cameras, but all
prevalent in many gated communities and fulfill theoffer unique living opportunities for those that
wants and needs of these types of home buyers.desire the features and amenities the gate
In addition, I've recently been made aware ofcommunity has to offer.
another unique style of gated community whichFrom retirement communities to equestrian
caters to the racing fan! These communities offercommunities, from waterfront communities to
residents race tracks for their amusement. Fromforested secluded communities, gated
oval stock car style tracks to 1/8 mile drag racingcommunities are sought out by many of today's
tracks as well as motocross racing. How's that forhome buyer looking for that little something
a unique recreation and living style!!!"special" for their investment. Gated communities
A retired couple I am currently working withwork for everyone, not just for the wealthy.
would like to find an Active Adult 55+ Community.© Copyright 2008 Jennifer MacKay. All Rights
Both husband and wife workout daily, own a boatReserved.