Gated Communities Command A Premium

Houses in gated communities generally command values 5-7% higher than equivalent houses non-gated communities. Despite the rapid growth of gated communities, many critics question the value.

1 minute read

February 26, 2007, 1:00 PM PST

By Chris Steins @planetizen

"Gated communities, in fact, are the fastest-growing form of housing in the U.S., according to census data. Why? Those who opt for gates point to reduced crime and traffic, a safer environment for children and the prestige of living somewhere that's exclusive. But not everyone likes being sealed off from the world. Some people view gates as elitist or don't want the bother of calling the guards each time a visitor is expected.

Whether new or old, suburban or urban, surrounded by affluence or a gritty neighborhood, a secured perimeter with controlled access generally makes a home more expensive."

FULL STORY: Do fence me in

Monday, February 26, 2007 in The Los Angeles Times

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