Elise Greenberg

Your Neighborhood Realtor

Homeowner Association Fees-are they worth it?



THE BENEFITS OF HOMEOWNER ASSOCIATION FEES

Often, buyers ask me if homeowner's assocation fees are "worth it."

Consider that the fees may pay for the following depending on the community:

  • Landscaping-common grounds lawn cutting; can also include mulching, pruning, fertilizing, tree and shrub replacement, spring and fall cleanup
  • Trash removal
  • Snow removal
  • Common drive maintenance/sealing and replacement (all roads within the community are usually private)
  • Any amenities (pool, clubhouse, playyards, tennis, etc. where applicable)
  • In some cases, home exteriors (eg. roofs)
  • Common ground utilities
  • Common ground insurance
  • Management fee
  • Reserve funds

Compare homes with and without fees and see if you notice a difference in the way homes are kept. 

In a Homeowner's Association, homes are often inspected annually (or more often) to make sure they are in compliance. 

A good looking neighborhood brings higher resale prices and gives you peace of mind that you don't have to worry about caring for many of these items.

Is is worth it?  I think so!