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Gated Community Homes Demand Higher Prices

July 4, 2016 3:01 pm

Homes in gated communities command significantly higher prices – almost $30,000 on average – but these neighborhoods’ additional amenities can also reduce sale prices because they bring maintenance costs that outweigh the benefits of the amenities, according to recent research published by the American Real Estate Society (ARES). “This study provides clear evidence that homes in gated communities […]
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