Should I buy a home located in a gated community? This is a question many home buyer’s ask themselves or their Realtor when they start their home search. While purchasing a home in a gated community might be the right decision for some home buyer’s it may be the wrong decision for others. If you are a home buyer unsure if you should buy a home in a gated community this article will help you determine whether or not a gated community is the right choice for you and your family.

PROS and CONS of Buying a Home in a Gated Community

What are the Pros of living in a gated community?

There are so many pros to living in a gated community and below are four reasons home buyer’s purchase a home in a gated community.

Added Security

One of the biggest selling points to buying a home in a gated community is the added security. In addition to the community being completely gated many gated communities are also guarded 24/7 and some even have roving security that drives through the neighborhood.

Amenities

Pros of Living in a Wellington Florida Gated CommunityBuyer’s looking for resort-style amenities can oftentimes find what they are looking for in gated communities. While some gated communities may only offer a few amenities, like a community pool others have extensive amenities like a clubhouse, swimming pool, cabana’s, fitness center, tennis courts, basketball courts, an on-site property manager and more.

Limited Traffic

Gated communities offer limited traffic since the only people allowed through the gates will be residents and guests of residents. Driver’s speeding within the community is not very common since they reside in the neighborhood too and want to keep it safe for all residents especially children playing outside.

Rules and Restrictions

Many gated communities have an active Homeowner’s Association (HOA) in place, which will have rules and restrictions that every resident must abide by. Not only can this be a huge selling point for home buyer’s because nobody wants to live next door to a purple house with yellow strips and an overgrown yard, but rules and restrictions also helps maintain property value. It’s not uncommon for a homes property value to increase more in gated communities in comparison to homes in non-gated communities.

What are the Cons of living in a gated community?

While there are a lot of pros to living in a gated community there are also a few cons, which below are four reasons home buyers decide against purchasing a home in a gated community.

HOA Fees

If the gated community has an active HOA there will be a monthly, quarterly or annual HOA fee. Sometimes these fees might be $50 a month while other times they can be well over $500 a month, which not every buyer can afford and not all buyer’s want to pay a HOA fee even if they can afford to. Plus, buyer’s at the top of their budget may not qualify to purchase a home once the HOA fee is factored into their loan approval.

Cons of Living in a Wellington Florida Gated CommunityWaiting

When you look at homes in gated communities odds are you will get held up at the gate with your Realtor and there is a strong possibility your future guests will too. While this wait may only be a few seconds other times it can be several minutes especially if the visitor lane is backed up.

False Sense of Security

Yes, gated communities are more secure than non-gated communities, but crime happens everywhere, so it is very important to remain vigilant at all times. Criminals will find a way to get through the gate and past the guard if they really want to.

Rules and Restrictions

Not every home buyer wants to get permission to make changes to their property or be forced to abide by rules, so gated communities that have rules and restrictions may not be a good option for buyer’s who don’t want to be restricted.

Final Thoughts

Buying a home in a gated community is not for everyone, there are many factors home buyers should take into consideration when deciding if buying a home a gated community is the right choice for them.

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Additional Pro and Con Resources when Buying a Home

What are the Pros and Cons of Buying a Home in a Gated Community?

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What are the Pros and Cons of Buying a Home in a Gated Community?
Article Name
What are the Pros and Cons of Buying a Home in a Gated Community?
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Buying a home in a gated community is not for everyone. Find out what the PROs and CONs to living in a gated community are right here!
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What are the Pros and Cons of Buying a Home in a Gated Community? presented by Michelle Gibson, REALTOR

4 thoughts on “What are the Pros and Cons of Buying a Home in a Gated Community?”

  1. An often times overlooked advantage of a gated community is the fact that the gate personnel will always alert the homeowner whenever a process server is at the gate. Major benefit for those wanting to avoid/stall litigation.

  2. Thanks for sharing the excellent post. This is very informative to know the advantages and disadvantages of owning gated community apartments in Chennai.

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