If you’re thinking about purchasing a home in a gated community, there are some pros and cons to consider beforehand, especially since living in this type of community is a significantly different experience than living in an ungated community. The DiMora Team are real estate experts in the Northville and Novi neighborhoods, and we know that when you weigh the perks and pitfalls it can help you decide if a home in a gated community is the right fit for your investment in a home, as well as your lifestyle — both in the short and long term. The perks of living in a gated community don’t come for free. Homes in these neighborhoods are typically priced higher than comparable homes in the area outside of the gates. This is because homes in gated communities typically have a higher property value. You can also expect to pay higher HOA fees to maintain the order of the community and keep it in tip-top shape. Check out below to see what sold in Lakewoode Parkhomes in October 2024:
39809 Village Wood Lane, Novi: 3 bedrooms, 1 bathroom, 895 sq. feet, Sold Price: $170,000
Lakewoode Parkhomes Home Sold
October 2024
Gated communities offer a stronger sense of community. It’s not uncommon for neighborhood groups or simply a set of neighbors to host social gatherings and events on a regular basis, especially centered around the amenities within the community. This makes it much easier to build connections within your neighborhood and feel a stronger sense of belonging and kinship with your neighbors. For more information on Lakewoode Parkhomes, contact The DiMora Team today at 248-505-7728 or jim@dimora.com.