Residential Guidebook Residential Guidebook 2013 | Page 28

FINDING will keep intruders out and keep the possibilities of burglary or home invasion very low. With a self-contained neighbourhood there is not likely to be problems with vandalism, break-ins and strangers lurking around the house or anxiety about walking the streets after dark. This is an ideal living situation for those who live alone or who would otherwise be vulnerable to criminal activities in a typical housing situation. Property Value The houses built within a gated community are often on the upper end in regards to design, beauty, quality and price. Being located within a community, houses have a better chance of gaining property value and tend to be steady during market f luctuations, according to the Barcelona Field Studies Centre. Because of these factors, houses in a gated community are thought to be better investments than some other types of housing, giving gated communities a significant advantage. Children’s Play Families with children often look at the features of a new home or neighbourhood with consideration for their children. They want a place where the kids can enjoy quality time in and out of the house, and they want them to have safe streets to walk. This is a very significant advantage of living in a gated community. The children can play in the neighbourhood with little concern over crime and are far less likely to be injured by traffic in the surrounding streets because access is limited. appearances of houses and lawns and certain behaviours of those who live in the neighbourhood. While these rules can help add to the property values of homes, they can also restrict residents’ freedoms because they may not be able to put certain items on their lawns such as flags or signs. Levies Residents often have to pay a lev y to their homeowners’ associations to pay for amenities and ground maintenance in gated communities. These homeowners associations can be governed either by the developer or the residents, depending on who owns the most land in the areas. Security While gated communities do offer a modicum of protection, they are not crime free and often have the problem of assisted crime. People working in the community can let in strangers or actively help criminals gain entry into your home. Gated communities are not impervious to crime, and people living in them sometimes relax their security standards, making their homes easier targets. The disadvantages? Is sectional title better for you? Usually, buying a house or a flat in a complex seems to be more affordable than buying a freestanding house. When you buy a section of a development, you get access to an undivided share of the common property (the communal green areas, parking, etc.) and all the owners collectively own everything that is not part of a specific section. You also get many benefits such as added security, the management of the property is shared and sometimes there is a gymnasium or a swimming pool in the complex. Guidelines Those who live in gated communities such as subdiv isions may move into homes in these areas because they are governed by homeowners’ associations and written covenants guide the in an area where you might not be able to afford a freestanding home, said Michael Bauer general manager of IHFM. If being part of a specif ic community is necessary, ie the schools, university 26 Residential Handbook 2013 Sectional title could be a way of owning a property www.reimag.co.za