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J. "Diego" Marin, Real Estate Solutions (World Wide Realty)

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Rainmaker
1,661,936
John McCormack, CRS
Albuquerque Homes Realty - Albuquerque, NM
Honesty, Integrity, Results, Experienced. HIRE Me!

It varies.......Location.  Location.

Jun 05, 2015 01:38 AM
Rainmaker
4,572,123
Michael Jacobs
Pasadena, CA
Pasadena And Southern California 818.516.4393

Hi Diego -- it depends.  There are buyers for all types of communities -- gated - non-gated.   It's the perceived quality of the neighborhood that determines value and the gated/non-gated aspect is just one of the features not a defining one in my market.  

Jun 05, 2015 01:10 AM
Rainmaker
3,988,007
Debbie Reynolds, C21 Platinum Properties
Platinum Properties- (931)771-9070 - Clarksville, TN
The Dedicated Clarksville TN Realtor-(931)320-6730

It depends, I have buyers that consider it a hindrance and expense and would pay less. 

Jun 05, 2015 12:34 AM
Rainer
2,749
Lori Springer
Berkshire Hathaway HomeServices The Preferred Realty - Cranberry Township, PA

Great question.  One I have been recently asked by buyers too.  As Joe just referenced, the biggest negative is the private streets, therefore higher fees.  I have found that to be discouraging for my buyers.

Jun 08, 2015 01:07 AM
Rainmaker
4,882,355
Richard Weeks
Dallas, TX
REALTOR®, Broker

I think there are more factors and not just sales price.

Jun 07, 2015 03:54 AM
Rainmaker
911,338
Jeff Pearl
RE/MAX Distinctive / LIC in VA - Lovettsville, VA
Full Service Full Time Realtor

They pay more in HOA fees, but not for price of house.

Jun 05, 2015 11:01 AM
Rainmaker
292,685
Jack Lewitz
Exit Strategy Realty - Evanston, IL

If it a 10x10 room it costs the public $1,000 of dollars

Jun 05, 2015 08:59 AM
Rainmaker
1,770,282
John Novak
Keller Williams Realty The Marketplace - Las Vegas, NV
Henderson, Las Vegas and Summerlin Real Estate

At 350K, I think a buyer might go 10% higher if a gated community was really important to them. 

Jun 05, 2015 07:57 AM
Rainmaker
634,482
Kathleen Luiten
Resort and Second-Home Specialist - Princeville, HI
Kauai Luxury Ocean Home Sales

Here on Kauai security is much less of an issue than in some other areas. I've never had a client specify any preference for gated communities.

Jun 05, 2015 04:36 AM
Rainmaker
921,504
Annette Lawrence , Palm Harbor, FL 727-420-4041
ReMax Realtec Group - Palm Harbor, FL
Making FLORIDA Real Estate EZ

Clearly the VALUE of living within a gated community is reflective of the average sold price and associated price attributes. 

An attempt to add addition value could place the house outside the buyer value bracket. 

The added value you seek is the ability to live in the same community as........(add the name of shakers, movers, celebrities and opportunity access here). This is of greater importance than you may realize. I've made the value go +20%. Cash only please.

Jun 05, 2015 04:00 AM
Rainmaker
212,755
Stefan Winter
Real Estate in IL & NV | Owner of Real Estate Web Tech | Daily Vlogger - Las Vegas, NV
Owner - Winter Group & Real Estate Web Tech

Depends on the comps in the gated area, location etc. In my master planned area a non gated house will cost aboud 250k, guard/gated in the same master planned community 350k-500k. Those are both builder homes, not semi custom or custom, we do have a guard/gated of those also in the same community, there you are looking at a starting price of about 800k...for a .5 acre piece of land, no house included.

Jun 05, 2015 02:48 AM
Rainer
48,635
J. "Diego" Marin
World Wide Realty - Irving, TX
Real Estate Solutions

Thank you all for your comments! I posed the question because I had both mentioned to me and then read an article where buyers would pay extra to keep away from "riff-raff"... One such community also host the Byron Nelson PGA Tournament. It offers membership to two excelent golf courses, where the Four Seasons Resort is at. It's truly spetacular, but is it worth the "bump" in price... Intresting at the very least...

Jun 05, 2015 02:36 AM
Rainmaker
4,800,082
Gabe Sanders
Real Estate of Florida specializing in Martin County Residential Homes, Condos and Land Sales - Stuart, FL
Stuart Florida Real Estate

It depends on the community and the buyer, Diego.  Some don't want to have anything to do with gated communities while others would be willing to pay a considerable amount.

Jun 05, 2015 02:12 AM
Rainmaker
400,356
Jill Murty, Realtor - Orange County, CA
Movoto - Laguna Niguel, CA

Some clients don't see living in a gated community as a benefit and would not pay a premium for it.

I've never had clients ask specifically for a gated community, though some have avoided them.

I think it comes down to preference and comps.

Jun 05, 2015 01:16 AM
Rainmaker
699,277
Chris and Dick Dovorany
Homes for Sale in Naples, Bonita Springs and Estero, Florida - Naples, FL
Broker/Associate at Premiere Plus Realty

I have never heard of percentages concerning gated or non gated.  Interesting.

Jun 05, 2015 12:52 AM
Rainmaker
1,712,676
Joe Pryor
The Virtual Real Estate Team - Oklahoma City, OK
REALTOR® - Oklahoma Investment Properties

At a certain price range it is as essential as something like granite counters or better. On lower price ranges especially for first and second time buyers it takes away from the home size or quality because in our city it makes the streets private so maintenance is built into HOA.

Jun 05, 2015 12:41 AM