M: 027 487 1705  DDI: 09 413 7721
  Leigh Mosley, Harcourts Real Estate Agent, Greenhithe, Auckland, New Zealand
  • Home
    • Testimonials
    • Sold by Leigh
    • Awards
  • Sell with Harcourts
    • Marketing
    • Buying Tips
    • Selling Tips
  • For Sale
  • Greenhithe
    • Local Services
  • Blog
  • Contact

The pros and cons of moving to a new subdivision

12/1/2018

0 Comments

 
Picture
New subdivision developments are springing up around the country, and attracting buyers from all walks of life. Here’s a look at the good and the bad of these new neighbourhoods.
PRO: Amenities on your doorstep
Unlike older suburbs that have gradually evolved over time and often outgrown the capacity of their local schools, shops and parks, new subdivisions carefully plan these facilities into the area. The benefit of having amenities such as a shopping centre, school, day care facility, and park right on your doorstep can’t be overestimated.
CON: Your commute could get longer
One of the downsides of new subdivisions is that they are often at a distance from main centres, which means some residents face a longer commute to work and schools. They can also be off the beaten track when it comes to public transport, so check with the local council to see if there is future development planned to minimise your time spent in traffic or on the bus.
PRO: You can make substantial capital gains
If you buy early in a new subdivision that boasts a good location and has a reputable building company behind it, you could stand to make considerable gains when you come to sell it. Many subdivisions gain steadily in popularity as they grow, so you may be rewarded when it is time to move on.
CON: A lack of established trees and green spaces
While all new subdivisions incorporate green space into their plans, it’s sometimes a little disheartening to see the tiny trees, shrubs and freshly laid grass lining the streets. It takes time for new developments to establish greenery, so if you’re moving into one, you’ll need to be patient.
PRO: New homes built with the best technology
Looking for the latest in warm, dry and sustainable homes? New subdivisions have the benefit of utilising the latest in home building technology, boast clever storage solutions, and offer easy-living layouts. New homes also cut down on the amount of maintenance required, which means you have more time to enjoy your weekends.
CONS: Your ability to personalise or individualise your property can be restricted
Many new subdivisions place covenants on what you can do in order to maintain the aesthetic of the neighbourhood. Restrictions can include limits on additional structures, the location of washing lines and satellite dishes, the parking of caravans or mobile homes on properties, and guest parking on the street. Make sure you check these out before you buy.
0 Comments

Your comment will be posted after it is approved.


Leave a Reply.

    Leigh Mosley

    Bringing you all the latest property  and local news in Greenhithe and surrounding areas.

    Leigh Mosley
    listings
    Sold by Leigh
    Newsletter sign up
    Testimonials
    Free Appraisal
    Contact
    Buying Tips
    Selling Tips

    Categories

    All
    Community
    Competition
    Events
    Greenhithe Hall
    Halloween
    Harcourts Cooper & Co
    Harcourts Greenhithe
    History
    Past Clients
    Video
    Vintage High Tea

    Archives

    October 2020
    April 2020
    December 2019
    September 2019
    August 2019
    July 2019
    June 2019
    May 2019
    April 2019
    March 2019
    February 2019
    July 2018
    June 2018
    April 2018
    January 2018
    November 2017
    October 2017
    August 2017
    June 2017
    May 2017
    April 2017
    September 2016
    August 2016
    July 2016
    April 2016
    February 2016
    May 2015
    April 2015
    March 2015
    February 2015
    January 2015

    RSS Feed

To receive a free update on property listings and property news please enter your details below.

(Submit once, a confirmation email will be sent to you)


Quick Links

Home
Testimonials
Sold by Leigh
Awards
For Sale
Blog 
Contact
Sell with Harcourts
Marketing
Buying Tips
Selling Tips
Greenhithe
Local Services
Picture
Residential Sales Consultant
Harcourts Cooper & Co Greenhithe MREINZ.
(Licenced Agent REAA 2008)
www.cooperandco.co.nz
 
© Leigh Mosley  2014-2016  All Rights Reserved I Website developed by Outbox Ltd