No one can deny the magnificence and charm of the Bel Air Crest gated-community, which is reflected through its urban infrastructure and architectural designs. Located in the breathtaking Santa Monica Mountains and two miles from the Sunset Boulevard, it is the most exclusive area of the neighborhood. If you are tempted to move to this gorgeous mountaintop community in the Bel Air neighborhood, remember that living in a gated community is not for everyone.
The idea of gated communities is very appealing. However, the closer you look, the more things to consider will pop up. Don’t know what we’re talking about? Read this article to learn what are some of the most important things to consider when moving into gated communities, especially the Bel Air Crest gated community.
#1 They Have Strict Rules
Part of the reason why Bel Air Crest gated community can maintain a high level of security is that its residents adhere to strict rules and regulations. But keep in mind that the expectations to follow guidelines can often come at the cost of losing control and personal privacy. For busy homebuyers who barely get time to invest in their homes, a gated community works perfectly.
On the other hand, if you are interested in regularly changing the appearance of your home and the look around it, you may have a hard time complying with the restrictions. For example, some communities have a color code for all the houses or even particular parking requirements. During the process of considering a property in a gated community, don’t forget to read the Homeowners’ Association’s guidelines in advance. You can decide based on the level of rigidity of the rules and whether you can easily follow them.
Some consequences of the restrictions enforced by gated communities are:
- You have limited opportunities of renting out your property which reduces your financial returns
- Non-residents (such as guests) have restricted access and may face a large extent of inconvenience when paying you a visit
#2 They Lack Growth
The Bel Air Crest gated community features beautiful luxury houses that are carefully spanned over large pieces of land. The organized structure of these areas is quite impressive for those who are new. However, over the years, things start getting old. There is barely any addition or high-level flips due to the architectural guidelines imposed by the Homeowner’s Association (HOA). Since there is barely any increase in diversity, the price growth or value addition of the property becomes stagnant in gated communities. And you may not end up getting as much return on investment as you hoped you would!
#3 They Have Demographic and Physical Uniformity
There is no doubt that the extent of uniformity you’ll witness in a gated-community is unmatched in other areas of a city. For home buyers who want a hassle-free buying process, it is an ideal place to shop because the similarity in the properties provides greater price transparency. You also have a more predictable living experience as well as reliable reviews. Think about this factor carefully if you prefer diversity and creativity in the environment you live in. Gated communities are homogenous, which is why your ability to incorporate self-expression will be held back.
#4 They Are Expensive
One thing that goes without saying is that gated communities, and especially Bel Air Crest, are highly expensive. This is because while the luxury homes are themselves very costly, you will be expected to pay other costs such as the HOA dues, any additional maintenance fees, etc. But don’t let these high prices scare you – they only affirm that you live in a well-managed and highly secure area that is a deterrent against any criminal activity. And remember that the same features which make gated communities expensive to buy, also make it get sold at high prices.
Have you been looking for homes in the Bel Air Crest gated community but have had no success? If yes, then you should get in touch with Pezzini Luxury Homes, and get professional help in finding luxury homes in Los Angeles for sale! Our knowledgeable real estate agents will help you spot a home that best fits your lifestyle and your pockets too.