Property values depreciation - restricted vrs non-restricted

Started by TomP2 • 1 replies • 1553 views

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TomP2 (Arizona)
Posts: 28

Posted:

Has anyone seen any recent studies on property value depreciation in restricted (planned) communities vrs non-restricted communities? It seems to me that would be an interesting topic during this broad marked downturn. Planned communities have always been sold as a way to protect your value through enforcement of deed restrictions. I wonder if it makes much difference at all in the real world of huge across-the-board depreciations and foreclosures.

MaryA1 (Arizona)
Posts: 7,043

Posted:

Tom,

All I've seen are articles addressing the states, cities and areas w/i a Co. or City where property values are falling. I haven't seen any articles comparing HOA communities to non-HOA communities. I've always been of the opinion that most of the "protect property value" arguments regarding CCR restrictions are just "feel-good" reasons for those particular restrictions. Just my opinion, of course!

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