Are you asking yourself “Should I live in a master-planned community?” Many people are drawn to planned communities for their many benefits, but there are a few misconceptions about these neighborhoods than can give folks pause. Below, we dispel these myths and misconceptions and explain why buying a home in a planned community like Lilyana by Hillwood in Celina, TX is a great decision!
Myth #1: The Houses All Look the Same
One of the most common myths about planned communities is they are full of “cookie cutter” houses that all look the same. When it comes to Hillwood Communities such as Lilyana, this is simply not the case. Most master-planned communities have anti-monotony codes that keep houses from all looking the same. In fact, the zoning codes (pages 102 and 110) in Celina, Texas where Lilyana is located have rules governing matters like elevation and materials, all in order to keep homes in neighborhoods from looking too similar.
At Lilyana, we have a variety of home designs, with different options for both internal layout and exterior appearance. The homes in our neighborhoods are constructed by a number of builders, each with their own specialties and styles. You can check out our different styles with virtual tours here.
Myth #2: The Community Rules Are Too Restrictive
Homeowners associations, or HOAs, are a common part of living in a master-planned community and all homeowners become members when they buy a home. A common misconception is that HOAs wield an unreasonable level control over homeowners. The reality is, the HOA is there to support the community, take care of common facilities, and improve the neighborhood overall.
Many of the HOA’s rules are designed to help preserve property values. The HOA works with homeowners who wish to customize their home to help them stay in line with community standards. According to survey data from the Community Associations Institute, 71% of homeowners know their association’s rules both protect and enhance their property values.
HOA rules also govern noise, lawn care, yard signs, use of common areas such as pools and pavilions, etc. These reasonable rules set expectations for the community so there are no surprises. The end result is a community everyone can be proud of.
Myth #3: HOA Dues Aren’t Worth It
Another common misconception has to do with HOA dues—that people don’t want to pay them and question what they are for. HOA dues cover maintenance of the amenities and common areas of the community and in most cases are reasonable. For example, annual dues for Lilyana’s HOA are $805 per year, or a little over $67 per month. These dues go cover the maintenance of the community’s common areas, parks, and amenities, such as:
- An outdoor kitchen and pavilion
- Paths for walking and biking
- A catch and release fishing pond
- Playgrounds & parks
- A resort-style pool
Each of these amenities adds value to the community. At Lilyana, your HOA dues go toward creating and maintaining a wonderful neighborhood for everyone.
Myth #4: Planned Communities Are Too Remote
A common misconception about master-planned communities is that they’re located too far from shopping and other needed services and resources. With Hillwood Communities, this just isn’t the case. Lilyana, for example, is conveniently located just 10 miles North of Frisco and the $5 Billion Mile, which is jam-packed with shopping, restaurants, health care services, commerce, sports and entertainment venues, and just about anything else you could want!
- Johnson Elementary School
- Rogers Middle School
- Prosper High School
In the future, Lilyana will have an on-site elementary school, making it even more convenient for parents and their kids to walk or bike to school!
Myth #5: The Homes Won’t Hold Their Value
Some people believe, incorrectly, that homes in a master-planned community may not hold their value. Again, in Hillwood Communities like Lilyana, this is simply not true. With a combination of top builders, favorable locations, award-winning school districts, and country-club-like amenities, homes built in master-planned communities typically maintain or increase in value over time.
There’s no doubt homes within master-planned communities are in high demand. In fact, sales at the top master-planned communities grew over 40% in the last year according to RCLCO’s most recent mid-year report, and Texas is among the top locations in terms of home sales in master-planned communities.
Buying a New Home? Try Lilyana by Hillwood!
Still just thinking of buying a new home in a planned community? Now that we’ve busted the common myths, there’s no reason not to! If you’re looking for a great place to live, drop by Lilyana in Celina, TX within Prosper ISD for a visit or get in touch!