There are many benefits of living in a master-planned community. As developers, we focus on creating mixed-use communities that offer the amenities and conveniences that today’s homeowners look for. In this article, we’ll discuss the difference between master-planned communities and traditional subdivisions, five of their key benefits, why they’re an attractive investment, and how our commitment to the Strong Town philosophy impacts our development for the future.
How Master-Planned Communities Differ From Subdivisions
One of the main differences between a master-planned community and traditional suburban subdivisions is their scope and scale. Master-planned communities are typically larger than conventional developments but are designed with long-term planning in mind. This allows for more space to create parks, trails, pedestrian paths, commercial centers, schools, lakes, and other amenities.
Master-planned communities also provide more diverse housing opportunities, ranging from single-family homes to multifamily apartments, single-family rentals, townhouses, and condos. This allows a wide range of people to live in the same neighborhood.
In contrast, suburban developments are usually smaller in scope and have fewer amenities. They typically specialize in single-family dwellings, limiting the range of housing options open for selection. This also means that when people want to downsize or upgrade in the future, they might need to move out of the area entirely to find housing versus being able to move within their own community.
Five Benefits of Master-Planned Communities
When it comes to the benefits of master-planned communities, there are many to consider.
1. Quality of life:
Master-planned communities are designed with convenience and quality of life in mind. It provides residents with access to amenities such as parks, pools, trails, and shopping centers. The variety of housing options also allows for a more diverse neighborhood with people of all ages, backgrounds, and incomes. It also enables community residents to move up or down in size, depending on their needs and budget. And since residents don’t have to relocate to upgrade their housing completely, master-planned communities tend to retain home values better than traditional developments.
2. Sense of community:
Most master-planned communities are designed to be pedestrian-friendly, with plenty of green spaces and parks for residents to enjoy. This fosters a sense of community among neighbors who are encouraged to go outside, where they have more opportunities to interact with each other. In addition, master-planned communities often have homeowner associations that host events and activities to unite residents. Developments with a strong sense of community tend to see lower turnover, which is beneficial to the long-term stability of the area.
3. Easy access to services:
One of the great things about master-planned communities is that they’re designed so that residents can easily access essential services and conveniences. This includes shopping, dining, entertainment options, and medical and educational services. Walkable communities are growing in popularity as more residents are environmentally conscious and looking for a neighborhood where they can easily access everything they need.
4. Sustainable development:
Master-planned communities are designed with sustainability in mind. Many developers are now incorporating renewable energy sources and green building standards into their plans, such as solar panel installations and water-efficient landscaping. This can help reduce homeowners’ energy costs and provide a healthier living environment for the entire neighborhood.
Sustainable development is a significant focus of every project we commit to at Red Oak Development Group. By creating walkable neighborhoods with plenty of green spaces, we’re helping to reduce the environmental impact of urban sprawl. In our developments, we strive to use renewable energy sources where possible and incorporate other sustainable design features.
5. Long-term planning:
One of the main advantages of master-planned communities is that they are designed with long-term planning in mind. This allows developers to create neighborhoods that will stand the test of time rather than building a development that may become obsolete over time.
Why Investors Master-Planned Communities Are A Solid Investment
Master-planned communities are an attractive option when it comes to investing in real estate. These developments offer investors an excellent opportunity to capitalize on the growing demand for quality housing in desirable locations.
Investing in a master-planned community provides investors with long-term stability, as these developments tend to retain their value and have higher occupancy rates than traditional neighborhoods. And since master-planned communities typically have an established homeowner’s association, investors can rest assured knowing that the development is being managed in accordance with the highest standards.
Additionally, master-planned communities are often close to employment centers and boast plenty of amenities, such as parks and trails, making them desirable for residents. And since these developments typically offer various housing options, builders have more options when targeting different demographics and income levels, ensuring that demand for both homes and rentals remains steady.
Overall, master-planned communities offer an excellent opportunity for real estate investors looking for stability and attractive returns over the long term. With a wide range of amenities and attractive pricing, these developments are poised to remain in demand well into the future.
Our Commitment to the Strong Town Philosophy
At Red Oak Development Group, we believe in the Strong Town philosophy and strive to create master-planned communities that are both resilient and economically sustainable. This means investing in the long-term health of our developments by focusing on intelligent, sustainable design and a commitment to quality.
We strive to create walkable, bikeable neighborhoods that are easy to get around on foot or bike and are full of amenities, such as parks and trails. We also prioritize sustainable building practices, such as energy-efficient construction methods, renewable energy sources, and smart water management.
At the end of the day, our goal is to create master-planned communities that are not only attractive places to live and invest in but are also resilient and capable of adapting to changing circumstances. Our commitment to the Strong Town philosophy will ensure that our developments remain desirable and viable for generations.
The Bottom Line
Ultimately, master-planned communities are a great option for both developers and investors alike. By incorporating sustainable design features, long-term planning, and the Strong Town philosophy, developers can create neighborhoods that are attractive, resilient, and full of amenities.
For investors, master-planned communities offer stability, higher occupancy rates, and attractive returns over the long term. That said, it’s always crucial to fully understand the local market and potential risks before investing in any project. So, be sure to do your research.
Are there other benefits of master-planned communities that we might have missed? If so, let us know in the comments below.
