How A Community Park Adds Value To Your Real Estate Investment

 | 
August 26, 2022
UPDATED: 
August 26, 2022
How A Community Park Adds Value To Your Real Estate Investment

If you are a land developer, you want to make the most out of your real estate projects. The profitability and saleability of a project depend on several factors, such as location, design, building features, and sustainability. Besides these basics, the proximity of a community park can enhance the demand and profits for your project. After all, homeowners and investors are keen to buy properties close to community spaces. Let us explain how a park can add value to your real estate investment.

Encourages a Healthy Lifestyle

Obesity is a widespread problem in the country, and a sedentary lifestyle is the primary contributing factor. Although people want to switch to healthy habits, many fail to do it due to time constraints. They cannot join a fitness program or swimming class amid their tight schedules. Kids, too, suffer as parents do not take them outdoors. A community park in your project makes it an attractive proposition for families looking to switch to a healthy lifestyle. Kids can spend time playing in the park, and adults can walk or run for fitness. It is a win-win for everyone! 

Provides Space for Entertainment

Community areas enhance real estate projects by providing a common space for entertainment. Kids can play sports, families can indulge in picnics, and young couples can have a good time in parks. Moreover, communities can host public events and festive gatherings in these shared areas everyone can access. Not surprisingly, potential homebuyers look for this essential feature while assessing properties for buying a dream home. 

Promotes Eco-friendliness

Another reason buyers and investors prefer projects with community parks is that they promote eco-friendliness. Green spaces make people happy, spread positivity, and promote sustainability in the neighborhood. You can go the extra mile by installing eco-friendly commercial playground equipment as it teaches the lesson of sustainability to the children. People want their kids to understand the significance of eco-friendliness, so they are willing to pay more for such locations.

Fosters Inclusivity

Community parks serve as common grounds where kids from diverse backgrounds and all ability levels can connect. The same applies to adults, as anyone can visit these spaces and connect with others. These areas are even open to kids and youth with mobility challenges, so they foster inclusivity at all levels. Everyone benefits from interactions with diverse people as it encourages empathy in adults and boosts the development of social and emotional skills in kids.

Offers Access to Safe Communal Spaces

Safe communal spaces are a plus point for any real estate property, and community parks give your project brownie points on this front. Ensure that the play area is safe, with features like appropriate play equipment, non-slip surfaces, and regular maintenance. Cleanliness is another factor that tales the real estate value a notch higher. You can take care of small things like having low-pollen plant varieties in the park as they lower allergy symptoms. 

Real estate developers can enhance the value of their projects through various measures. But a community park is perhaps the best feature as it adds beauty, sustainability, and usability to your project.

Author

  • Joseph was a fresh marketing graduate when he started working for ScoreLA and has been with the company ever since. This proves that the company has embraced the non-customary type of hiring, wherein we believe that if someone does not have the required experience for the job, then we equip them with the training needed to perform their tasks with excellence.

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