Ignite FB Tracking PixelShould You Move to an HOA Community? - Relocate

Should You Move to an HOA Community?

by Relocate 11/24/2019

Image by rawmn from Shutterstock

People have different notions about living in an HOA community. As much as there is a bright side to living in such an environment, you also need to consider the potential disadvantages. Some HOAs have an organized and well-maintained neighborhood, while others may have lackluster management and community issues. Before you make your decision to move to an HOA community, understand the pros and cons of living in that environment. 

What is an HOA?

An HOA (homeowners association) is an organization that oversees maintenance and enforcing rules within a group of homes. HOAs are quite common in planned condominium complexes and townhouses, but they also are found in planned communities of single-family houses. The HOA is made up of the owners who reside within or own property in that community. 

Advantages of Living in an HOA Community

Typically, the association has jurisdiction over and maintains all common areas. These include pools, clubhouses, playgrounds, park areas, and all the adjoining landscaping. In many HOAs the association also maintains landscaping in the front of the home while the owner maintains their private backyard area. Some advantages

  • You Don’t Have to Mow the Lawn: For people who do not enjoy the tedious job of maintaining their landscape – you are in luck. The HOA community takes full responsibility for maintaining the landscape within the shared areas. You might be allowed to personalize your backyard or patio – but typically, the HOA covers all other maintenance, including pest control and tree pruning. 

  • You Pay Monthly Fees That Include Utilities: In most HOA communities, homeowners are expected to make a monthly payment that covers all their expenses for that month. For some people having a defined estimate every month that covers utilities and other housing expenses makes it easy for them to have a financial plan. 

  • You Have Access to Amenities: Living in an HOA environment gives you access to various recreational amenities like golf, table tennis, swimming pool, a gym, and clubhouse. You do not have to worry about cleaning or management as your association does all of these from your monthly funds. 

Disadvantages of HOA Community Living

Just as there are advantages to living within an association, a homebuyer needs to be prepared for challenges that come with areas in common.

  • Fees: The fees charged by most HOA communities factor in expenses like maintenance of recreational facilities and cleaning of the shared spaces. Be sure you can make these monthly payments before moving to an HOA community. 

  • No Personal Touch to Your Home Exterior: Most HOA communities restrict homeowners from adding unique touches to the outside of their homes. If you like a brightly colored front door or interesting yard decorations, an HOA community may not be the right environment for you. 

  • Poorly Managed Community: Not all HOA communities operate smoothly. There can be various challenges within the system. When you find a community you’re interested in, speak to established owners. Ask how their particular HOA functions to get a better idea of what to expect as an incoming resident.

  • Less privacy: Most homeowners living in HOA homes share walls or buildings with other homeowners. If you love privacy, this might be challenging for you. 

  • You live by the rules: There are always rules to adhere to when living in an HOA community. Be sure this idea works for you as most regulations are non-negotiable.

Depending on your lifestyle and what you want in a home an HOA community might be perfect for you. Carefully consider the pros and cons of living in such a community before committing. Ask your realtor about the HOAs in your area to better target your property search.

About the Author
Author

Relocate

 About Florida Relocation Pros 

Jacqueline Causey Schroeder

Licensed since 2001, I am a third-generation Realtor covering the Greater Tampa Bay region. Whether working with first-time home buyers, investors that wish to capitalize on Tampa’s continued expansion, or a Seller listing their home, I enjoy all aspects of the residential real estate business.  That being said, my first love has always been working with families relocating to the Tampa Bay Area.   

As a Tampa native I enjoy showing off the beauty of the area to people who will soon be calling it home.  I take great pride in helping families identify what’s important to them in a home selection and then introducing them to the communities and opportunities that meet their needs.    

I believe I possess the many traits that define an excellent real estate professional – integrity, dependability, in-depth local markets knowledge, marketing savvy, effective negotiation skills and a high-quality professional network.  Most of all, my philosophy is to put the client first by remaining accessible, being a good listener and communicator, and responding quickly to my clients’ needs.     

I am not a salesperson.  I am a consultant who will partner with you through the process of buying or selling a home, providing all the information so that you can make the right decision for you and your family.  If you are looking to relocate to Tampa Bay and its surrounding communities, please don’t hesitate to reach out to me today. I look forward to working with you.   

Lara Manrique

 I have been committed to delivering results in real estate sales since 2009. I was born and raised in Tampa, and I earned an MBA - Marketing from the University of Tampa. My extensive knowledge in business, along with my unique background in specialty sales and marketing, have proven invaluable when negotiating outcomes for my clients.  My personal interest in all things real estate make me an ideal choice when choosing an agent to buy or sell properties.  I am also skilled in online marketing techniques, and have developed a large network of local strategic partners. My professionalism and quick turnaround time is highly regarded among my clients, making me highly recommended. 

Our Story

In 2002, Jacqueline joined Jan at RE/MAX as a licensed assistant and within 3 weeks had been promoted to a buyer's agent on Jan's team. By 2003, Jacqueline and Jan were partners and they continued to grow their business by bringing Jan's husband, Jerry Dammer into the group. Here we are, 17 years later and still going strong! 

If it's experience that you're looking for, then look no further! With over 50 years of combined experience, we've got you covered.

Designations include: 

GRI (Graduate of the Realtor Institute)   

ABR (Accredited Buyer Representative)   

CRS (Certified Residential Specialist) 

MRP (Military Relocation Professional)  

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