Buying a home requires many considerations, from the neighborhood to the house itself. However, one factor that many people don't consider is the HOA benefits.
Many communities and condo buildings have a home owners association. While people may have heard of them, you may not know exactly what they are or what they can do.
This guide will lay out the benefits of living in a community with a home owners association. From HOA holiday decorating to included amenities, there are plenty of reasons why these kinds of communities should be considered during the home search.
Maintain Common Areas
One of an HOA's biggest roles is to maintain common areas and keep the community looking nice. This often means mowing lawns, planting flowers, and maintaining shrubbery in the community's public spaces.
Some HOAs can also help ensure regular trash and recycling pick-up. They may have go-to professionals who can handle the maintenance of common area amenities and even member properties.
Access to Amenities
Whether it's a condo building or a single-family home, HOA living often has amenities for residents to enjoy. Examples include swimming pools, gyms, walking trails, sports courts, parks, barbecue pits, and event spaces.
These amenities can be a major benefit and make living in the community more enjoyable. The HOA dues community members pay often go to maintaining and upkeeping these amenities.
Help Keep Property Values High
HOAs always keep the best interest of the community in mind and that often means doing what's necessary to keep property values high. HOAs often have regulations about the kind of maintenance you can do on a home.
Following these regulations helps to ensure that properties are kept in their best state. This increases home values for current and future residents.
Increased Safety and Deter Nuisance
The regulations that HOAs put in place also help to keep the community safe and free from nuisance. Issues such as noise violations and neighbor disputes can all be handled by the board.
If you have issues with someone else, the HOA can act as a mediator. HOAs handle community management, which can help keep the community a safe and comfortable area for everyone.
Community Engagement and HOA Holiday Decorating
HOAs can also help bring the community together and foster more engagement. They can have events, such as HOA holiday decorating contests, block parties, and other community events.
HOAs also help foster social interaction and community involvement. A proper HOA manager can also help bring a strong sense of community and increase pride in the neighborhood.
Living in an HOA Has Benefits
Sometimes, HOAs can have a bad reputation. Other times, people don't know exactly what benefits an HOA can offer. Whether it's HOA holiday decorating or maintaining common areas, these communities have many positives.
On your home or condo search, don't rule out HOAs. They're often in place to keep the best interests of the property and the owners in mind.
Contra Costa Property Management Inc. is a leading expert in HOA management services for over 20 years. Contact us today to inquire about our services.
