Open the gate or close it--CC&Rs

Real Estate Agent with Tveten Real Estate
I live in one of Gig Harbor's many subdivisions that comes complete with a name and CC&Rs.  In fact, with the exception of the 8 $700,000+ homes called Maple Glen, all little developments have CC&Rs and HOA dues.  My little community happens to be gated.  Gates are supposed to add value and security to the properties inside.  My question is do they?  My gut says, "Yes!"  but is there any hard evidence to support it?  Next week I will be attending the bi-annual HOA meeting where a small group has proposed opening the gate--they think it is just "unfriendly" and does not add anything to maintaining our property values.  I'd like to go armed with some facts and not just my intuition, so can anyone help me??????

Comments (4)

Rich Jacobson
Fathom Realty West Sound - Poulsbo, WA
Your Kitsap County WA Real Estate Broker
Hi Teri! In my experience, for our market area, most gates have simply an aesthetic value. They may add to a perceived value, but I don't think they add any real, signifcant added property valuation. Unless, of course, there is a 24hr. manned security guard at the gate. But we don't see many of those. Personally, I think they're a hassle. But that's just MHO.
Mar 20, 2007 04:31 AM
john holmaas

Go with your gut ...

For marketing purposes gated entrys and good CCR's go a long ways.

Comp out the various subdivisons with and without gates.  I think you will find a positive difference between

those who have them and those that do not ... example:  Pt Richmond Ridge versus Morningside.








Mar 20, 2007 07:51 AM
I agree with John's response, gated entrys bring added value to one's property.  Moringside, which is gated, looks better than Point Richmond, and will always be more valued by prospective buyers.
Mar 20, 2007 11:42 AM
Fred Griffin Florida Real Estate
Fred Griffin Real Estate - Tallahassee, FL
Licensed Florida Real Estate Broker

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Jun 06, 2017 05:40 PM