It’s not uncommon to think of gated community homes as mere status statements. They’re more expensive and more exclusive, both of which sound like they’re tailored toward rich people who want to flaunt their wealth. But there are actually valid reasons that gated communities tend to be more expensive. You don’t have to want to flaunt it to want to live there.
Obviously, you do need to have the money. But if you do, their high price also makes them sound investments in the future. Moreover, the extra money you spend isn’t wasted if you don’t end up selling. Gated communities automatically come with enhanced security measures, amenities, and routine maintenance. Security and amenities are high-value features that you’d need to pay extra for anyway to get elsewhere, while routine maintenance can both save money on repairs and ensure that property values don’t decline due to deferred maintenance. Another thing gated communities offer that doesn’t necessarily have a price tag, but tends to be something people value, is a sense of community while simultaneously retaining privacy.