Buyer Appeal… Getting it right for your Community Development. Part 1.
There are many factors to consider and implement when planning a community development. Design and floorplans, energy efficiencies and building materials are all major components but what about the final living environment for those who choose to buy into your development? How will the group be maintained and protected? Who will be there to oversee it all when you?ve moved on to your next development? Getting this right from the start will not only see your vision become a great development with its own ?neighbourhood? feel, it will leave behind a positive legacy that will benefit your future developments for years to come.
Give your Community Titled development ?Buyer Appeal?
Property owners, and more importantly prospective purchasers, have developed a number of misconceptions when it comes to understanding Community Corporations. This means, more often than not, the benefits of these homes are lost to buyers, especially when poor management clouds the topic. Now is the time to look at your development and wipe out any negative ideas home owners may have by giving them what they love; Privacy & ownership, hassle free easy living, professional body corporate management, a healthy sinking fund and great insurance cover.?Having these five topics ticked on your list will make for an easier journey on completion of your new development and dismiss any buyer concerns regarding community living before they are even raised.
Let’s look at part one of the concerns…?Privacy & Ownership.
Unlike strata corporations, Community Titles give owners much more flexibility in amending and living in their property, while providing the added benefit of all homes retaining their exterior street appeal and in turn the property?s re-sale value. There?s no chance of having a ?bad house? in the group when you?re part of a community complex! So when you?re marketing your development sell this point and give buyers a true understanding of what?s on offer ? you would be amazed at how many purchasers either don?t know they are buying into a corporation until their first levy invoice arrives or won?t even look at due to misconceptions they hold.
Related Articles |?Part 2: Hassle Free Easy Living,?Part 3: Professional Body Corporate Management,?Part 4: A healthy sinking fund,?Part 5: The right insurance cover