Some advantages of gated communities include security and the access to shared luxuries, such as swimming pools, club houses and fitness facilities, while homeowners association fees that cover those additional amenities and tight restrictions are disadvantages, according to Bankrate. Gates can be faulty or left unlocked or unmanned, and residents might carelessly disclose their security codes.Continue Reading
The quiet, intimate feel of a gated community lets residents get to know their neighbors better and gather and socialize more easily, as USA Today details. A gated community may protect property values. Homeowners with children or who desire minimal traffic flow view gated communities as favorable. On the other hand, to some homeowners, the commonality of such a tight-knit community is a disadvantage.
Many gated communities have regulations on what colors or exteriors are allowed on homes and what is permitted in yards, according to USA Today. Some gated communities enforce curfews, parking restrictions for recreational vehicles and height limitations of privacy fences, if they are permitted at all.
Smaller gated communities, such as condominiums and retirement communities, may have rules of outdoor grill and balcony uses, explains Forbes. Some private neighborhoods are selective in the residents who are permitted to purchase homes and live there.Learn more about Finding a Home