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The More the Merrier Scheduling Community Events Adds to Quality of Condo Life and Property Values

In every condominium there is a group of people who have chosen to live together—for better or for worse.

Although some prefer to keep to themselves, most are looking to meet their neighbors and develop a sense of community. Owners have opportunities to congregate in public places like the pool or tennis courts, but oftentimes the condominium association can give the process a nudge by sponsoring public events such as picnics, social hours, holiday parties and meetings of various groups and clubs.In every condominium there is a group of people who have chosen to live together—for better or for worse.

Although some prefer to keep to themselves, most are looking to meet their neighbors and develop a sense of community. Owners have opportunities to congregate in public places like the pool or tennis courts, but oftentimes the condominium association can give the process a nudge by sponsoring public events such as picnics, social hours, holiday parties and meetings of various groups and clubs.

Not only can these events affect the way owners feel about their homes and their lives, but as they increase in numbers these social activities can alsohave a major impact on the community’s property values.

In the book Community Associations: The Emergence and Acceptance of a Quiet Innovation, attorney and former Community Associations Institute (CAI) president Robert M. Diamond argues that “community affects sales and profitability.”

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