You’ve decided living in a neighborhood with No Homeowners Association may not be for you. Now that you’ve decided to look at neighborhoods with a Homeowners Association what are your choices? You’ll primarily find two types, those with and those without amenities. I consider amenities things like pools, playground, golf courses, gyms, tennis courts and similar items. While nice to have in a neighborhood, items I do not consider amenities are walking trails, open spaces, gazebos, and similar items.
Let’s cover some of the advantages to having a Homeowners Association in your neighborhood. I said in part I of this series that neighborhoods with No Homeowners Association have CC&R’s in place to restrict what can be done in a neighborhood. What advantage can having a Homeowners Association have? Several.
The first is the process if there is a problem in your neighborhood. Hypothetical example; The neighborhood has restrictions on the types of fences that can be installed, an 8′ height limit and no chain link. While drinking with friends last weekend a new neighbor installs a 10′ chain link fence that’s not exactly plumb and level. You nicely spoke to him after work a few times and he doesn’t see the problem with it. What happens?
Without a HOA – You can check with the town/city/county to see if the fence breaks any of their codes or zoning. If it does they can take action. If not, your only recourse may be legal personally. It usually doesn’t come to this but you never want to beat the odds in a situation like this.
With a HOA – The most likely outcome would be the fence would’ve never been installed in the first place. Either because the neighborhood has to approve fencing prior to install or because they noticed the fence when it first started getting installed. The HOA can fine the Homeowner until the situation is remedied and/or take them to court.
The second advantage to a Homeowners Association is the stability. Most, if not all, Homeowners Associations take care of the maintenance and upkeep of landscaping and common areas. When you combine this will the rules for Homeowners, most neighborhoods with Homeowner Associations always look their best. This leads to stable, steady prices. It’s also one of the reasons corporate transfers wind up in neighborhoods with a Homeowners Association.
The third advantage to a neighborhood with a Homeowners Association is the most obvious, the amenities. There is no lack of imagination and one upmanship when it comes to neighborhood amenities. You can find a neighborhood that has no amenities, up to ones that include a golf course, country club, restaurant and bar, and you’ll find everything in between. You’ll find simple pools, pools with slides, neighborhoods with multiple pools and pools with mini water parks in them. The one time that this advantage can quickly turn into a disadvantage is if you’re paying for amenities you’re not using, or if the Homeowner Dues are higher than the amenities you get in return. Make sure that they neighborhood amenities fit your lifestyle and that the Homeowner Dues match the amenities.
For more information on what neighborhoods offer what amenities see our neighborhood pages or Contact Me: