The Master Planned Community | Scottsdale Real Estate
The master planned community is a community in which thought has been given to the lifestyle of the residents and their needs. For example, there may be an area with condominiums or townhomes, for those that enjoy a carefree, low maintenance lifestyle. Another section may offer larger homes and home sites for those that require more bedrooms and living space. These areas frequently will have parks, playground’s, barbecues, ramadas, and you may even find an elementary or K-8 school nearby. Another neighborhood could be designed for active adults, which would have an age restriction for homeowners and their occupants. Scottsdale real estate AZ has a good selection of planned communities that has something for everyone.
There are typically several different builders in a master planned community, providing a variety of architecture, floor plans, and prices. Amenities such as lakes, golf courses, walking/biking paths are also very common. Living in a master planned community often provides an immediate sense of “belonging.”
Master planned communities typically have a Homeowners Association (HOA). There may even be more than one HOA, one for the master association, and one for the sub-association or individual neighborhood. There might be optional memberships, for use of the country club/golf facilities.
In the master planned communities on the association fee can vary greatly depending on what the HOA offers in the way of amenities and the financial condition of the HOA. The sub-association or neighborhood fee will vary, depending on what is included, i.e. gates, front yard landscaping, street maintenance, exterior maintenance, neighborhood pool, water, garbage, cable, blanket insurance policy, tennis courts, etc.
Don’t be fooled by the fact that many of our master planned communities include the word “ranch” in their names — very few cater to horses or cows!
These are just examples of what types of master planned communities that you may find all over the metro Scottsdale Phoenix metro area. When purchasing a home it is just as important to understand your HOA, the amenities, and their financial condition. You don’t want to purchase a home and two months later get an assessment from the HOA to pay for something that was not funded in the budget.
Article: The Master Planned Community | Scottsdale Real Estate AZ
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