Should You Move to an HOA Community?

by THE CUOMO TEAM Kimberly Cuomo 03/22/2020

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

THE CUOMO TEAM Kimberly Cuomo

The Cuomo Team - 25 years experience serving South Florida's Real Estate needs!

Specializing in Residential and Commercial Real Estate Services - 

 Kim Cuomo brings a 25 year wealth of experience and passion to the world of real estate, having dedicated over two decades to serving clients across the vibrant landscapes of South Florida. With a background as a paralegal, Kim's transition into real estate was not just a career change, but a discovery of her true calling. Her deep-rooted love for the industry is evident in the personalized, hands-on approach she adopts with each client, ensuring they feel valued and supported through every step of their journey.

Whether navigating the complexities of a first-time home purchase or orchestrating the sale of a luxurious $30 million estate, Kim's expertise spans the full spectrum of residential and commercial real estate. Her reach extends across Palm Beach County, Martin County, St. Lucie County, Broward County, and Miami-Dade County, offering a comprehensive understanding of the unique markets within each area.

Kim Cuomo's dedication to excellence and her ability to forge meaningful connections with clients make her not just an agent, but a trusted advisor and friend in one of the most significant transactions of their lives. Her commitment to providing exceptional service is unwavering, making her a standout professional in the South Florida real estate scene. 

The Cuomo Team has several agents, so that someone is always available to assist you with any of your real estate needs any time 7 days a week! Kim's husband, John, a retired firefighter from the Town of Palm Beach, works in the Commercial Division. Kim's son Matthew Cuomo works on the team, along with her daughter in law, Tasianna Cuomo. and Christine Cuomo Georgeou, her sister in law. 

You can contact Kim directly anytime at 561-339-3002, and she will be happy to assist you with any of your real estate needs! She looks forward to hearing from you!