Community Amenities that Increase Home Values
Many criteria play a role in determining the value of a home. Ask any real estate agent about the most important factor influencing a home’s resale value, and they’ll probably say “location, location, location.” Neighborhood character, access to major roadways, proximity to shopping and services, crime rate, school quality, and the area’s economic growth all influence the desirability of a home’s location.
Pecan Square by Hillwood’s location ticks all those boxes. Located in the growing AllianceTexas region within booming North Texas, there are an abundance of employment opportunities, restaurants, services, and retail centers just a short drive away. I-35 is close by and it’s an easy commute to Denton, Fort Worth, Dallas, and DFW airport. The community boasts an on-site elementary school in the highly rated Northwest ISD. Plus, an on-site middle school will open next year, with a new high school and expansive sports stadium planned in the future as well.
But location isn’t the only determinant of a home’s value. Other factors like supply and demand, comparable sales, and of course, characteristics of the property (size, number of bedrooms and bathrooms, age, condition, upgrades, and features) also play a huge role. But what about the specific features of the community the home is in? What are homebuyers looking for in their community and what are the neighborhood features that increase home values?
Hillwood Communities considers all these factors and more to ensure the new home communities we develop provide homebuyers with enduring value. We deliberately create communities in up-and-coming locations like Northlake, TX – home of Pecan Square by Hillwood – that offer a slew of new home amenities to enrich and enhance residents’ lives. Not only do these amenities make life more enjoyable, but they make the homes in our communities excellent investments. If you’re not familiar with all the reasons to love our community, keep reading to learn about the wonderful amenities that increase home values at Pecan Square.
Neighborhood Features that Increase Home Value
What are amenities in real estate? According to Investopedia, they are “features of a property that make it more valuable to potential buyers or tenants.” The term “new home amenities” may bring to mind items such as open concept layouts, kitchen islands, spa-like primary bathrooms, walk-in closets, and outdoor living areas (all of which are common features of the new construction homes at Pecan Square). But community amenities are also very important to the value of a home, especially when the amenities are exceptional, like those you’ll find at Pecan Square.
Recreational Amenities Enhance Health and Well-being
Living in a community that offers plentiful green spaces and numerous ways to live an active, healthy lifestyle is important to many homebuyers. It’s a well-known fact that exercise is good for our physical and mental health in numerous ways. Research has also shown that, in addition to adding color and beauty, living amongst parks, trees, and gardens can boost moods and reduce stress. It’s no wonder that these neighborhood features increase home values as well.
From beautiful green spaces and parks to amenities dedicated for recreation and fitness, Pecan Square offers an abundance of amenities that nurture healthy living, enhance well-being, and improve property values.
Each entrance to the community features a beautiful greenbelt lined with our namesake pecan trees. These entrances converge at The Lawn, a massive green space for picnics, yoga, and games, which serves as the centerpiece of The Town Square. Right here you’ll find Jackson Hall which offers a deluxe fitness center, a classroom, a game room and two resort-style pools. In addition to its event space, The Arena has sports courts for basketball and pickleball, and Pioneer Park, an exciting place to play. Nearby, The Garden offers planter boxes for families to try their hand at growing flowers and veggies.
Beyond the square, you’ll find lots more amenities that increase home values for Pecan Square homeowners. Residents can play pickleball at The Courts, splash and swim at the Blue Horizon Pool Complex, exercise the dog at the Barking Lot, and relax at Elm Tower or one of several other pocket parks in our community. Wherever you live in Pecan Square, an open green space is just steps away.
Community and Social Amenities Foster Relationships
In addition to living a healthy life, people have a fundamental need to belong to a community and have social interaction with others. This plays an important role in living a happy life. Consequently, communities that offer ways for residents to engage with their neighbors – via community centers, clubhouses, and other gathering spots – are quite popular with homebuyers. Because they make it easier to meet others and offer a chance for social interaction, game rooms and community club houses are neighborhood features that increase home value.
Pecan Square takes this idea and expands on it in a big way. Our award-winning lifestyle program features more than 300 organized events, activities, groups, classes, and festivals each year. There’s something fun planned for almost every day of the year, from father-daughter dances, concerts on the lawn, fitness classes, and murder mystery dinners to pool parties, community markets, holiday celebrations, craft workshops, and our Hoops 4 Hunger basketball tournament.
Even the overall design of Pecan Square was created with social interaction in mind. Green spaces and short, walkable blocks (another neighborhood feature that increases home value) make it easy to bump into neighbors, creating spontaneous interactions. This tends to encourage friendships and create close-knit communities, where neighbors look out for each other.
Convenience and Lifestyle Amenities Simplify Modern Lives
In today’s fast paced world, new home amenities that simplify our lives, save us time, and enhance our comfort are highly prized. This is yet another area where Pecan Square offers an abundance of neighborhood features that increase home value. The community was designed with all the innovative technology that makes life convenient.
Pecan Square’s Canopy by Hillwood technology bundle offers everything a 21st-century family needs. From day one, your home is equipped with an Amazon Echo Show, a Ring video doorbell, and full wi-fi coverage with half-gig internet. The Pecan Square Life app makes it easy to stay connected with the HOA and up to date on neighborhood events.
The Greeting House makes life even more convenient with a co-working space, complete with meeting rooms, lockers, and printing/copying capabilities; a Post & Parcel, Amazon Hub Lockers, and Jack’s Snacks, our self service convenience station.
The Economic Impact: Why Amenities Drive Value
New home amenities like the ones at Pecan Square are one of the big reasons that new home communities are growing in popularity across the country. While single-family home sales have slowed in the past couple of years, new home communities’ sales remained strong. Perhaps this is because community amenities, and the HOA that maintains them, typically provide property owners with better returns on their investment.
As you can see, it’s not necessarily the individual amenities that increase home value, but the enhanced quality of life that they provide. Life is good when kids can walk to top-notch elementary schools, where you can stay fit with multiple recreation opportunities minutes from your door, and where meeting new neighbors is as easy as dropping in to a yoga class or book club.
Explore the Homes and Amenities at Pecan Square by Hillwood
You can have this lifestyle in one of our beautiful new homes in Northlake, TX, crafted by DFW’s top builders. To learn more about Pecan Square by Hillwood, stop by The Greeting House for a tour! Our builders have available inventory, and many are offering incentives! Browse for your home online then visit the builder’s models to learn more about special offers.