Before talking about anything, it is important that you first understand what a covenant-controlled community is.
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WHAT IS A COVENANT CONTROLLED COMMUNITY?
An area where all the houses follow a certain code of conduct and rules is a covenant-controlled community. Usually, a team or an association looks over these rules and ensures that they are followed.
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WHY CHOOSE A COVENANT CONTROLLED COMMUNITY
A conveniently controlled community governed by its rules and regulations provides a harmonious lifestyle for its residents. When the government fails, the board at a covenant-controlled community makes sure that the law is being obeyed. These communities generally have very low crime rates and are extremely clean and peaceful.
WHAT IS A SINGLE-FAMILY HOME?
A single-family home is a house used by only one family, meaning it is a single unit home. Many people confuse it with a house meant for only one person. However, it is a good house with direct access to the street and often comes along with a garden or a backyard.
WHY CHOOSE TO LIVE IN A COVENANT CONTROLLED COMMUNITY
Covenant-controlled communities are safer compared; hence, it is an ideal place to live, especially if you have a family with young children. As the community has its own governing body, rules and regulations are better implemented. A single-family home in a covenant controlled community will cost you more and allow you to have a better standard of living.
Moreover, the demands for homes in covenant controlled communities have significantly increased over time, and there is potential for their value to increase even further in the future. Therefore buying a single-family home in a covenant controlled community is a good investment as its value will increase with time.
A covenant controlled community brings together the residents and builds a friendly bond between the neighbours. As they come together to solve community issues and discuss matters relating to it, giving a homely feeling to its residents.
Many times people belonging to the same culture, for example, minority groups, have their controlled community. This way, they can live among people with the same norms and values as they do, despite being in a foreign country. Often, minority groups such as blacks and Muslims have been targeted, and their homes have been attacked. Living in a controlled community gives these minority groups protection and makes them feel safe.
If you live in a country with a high crime rate and a low standard of living, living in a covenant-controlled community is probably your best option. Everyone has the right to feel safe and protected when they go to bed at night. The government should ensure this, but covenant-controlled communities have your back when they fail.
CONS OF A SINGLE-FAMILY HOME IN A COVENANT CONTROLLED COMMUNITY
Along with the multiple benefits, many drawbacks are associated with a single-family home in a covenant-controlled community.
First, homes in these communities are more expensive and usually charge their residents a maintenance fee. While rules and regulations are good, sometimes too strict laws can be annoying. If the community board is too strict or overly controlling, it may result in hardships for the people to follow them. Moreover, the people’s values on the board may differ from yours, and in such a case, you may have to end up following rules that you do not agree with.
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CONCLUSION
Considering all the factors associated, investing in a single-family home in a covenant controlled community generally proves to be a good decision. These communities provide their residents with several amenities and take the shape of a structured community. However, you must do your research before investing in anything.
Author Bio
Ramza Zahra is a Karachi-based freelance content writer who uses her life experiences and curious nature to research and pen it down and make a living. Currently, she is working with Sigma Properties as an Snr. Content Writer.