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Value Gained

In general, the Addison housing development is succeeding in establishing a community. It is attracting a greater diversity of people to Takanini (and the Papakura district) than would otherwise have chosen to locate there. Residents have indicated they enjoy the strong sense of community and interaction that occurs at Addison. Children play together on the commons and reserves.

The standard of housing is superior to anything else on offer in Takanini, and this is reflected in the property values. Sales prices for the complete house and land packages have exceeded expectations, and are well above the initial sales prices of $300,000. The latest house sales are between $380,000 (for a three-bedroom terrace house) to $480,000 (for a large, stand-alone house). These figures are about $80,000 more than other properties selling in the local market.

The Addison development generally adheres to recognised principles of good urban design, such as including walkable neighbourhoods with inter-connected streets and open spaces that create good connections and encourage residents to walk to local facilities. A residential neighbourhood of this scale will increase the viability of local shops, services and facilities.

Interestingly, the charrette focus groups noted the lack of bus stops within the development. Medium-density developments such as Addison should serve to increase the viability of public transport services by creating an intense population base around transit nodes. In turn, such developments then require a frequent and reliable transport network to provide a genuine alternative to the private vehicle.

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