Top 8 Benefits of Living in a well Managed Homeowners Association
Often times when in the market for buying a home, most choose to pick a house in a homeowners association as it protects the value of your home. Keep in mind that every homeowners association is different dependent upon state laws, appointed board of directors and a few other factors but, when teamed up with a professional HOA management company there are numerous benefits that homeowners receive when living in a homeowners association. Often times opinions about living in a homeowners association are formed without recognizing the benefits of living in a HOA and only focusing on the drawbacks. Before forming your opinion please explore the benefits of living in a well managed homeowners association below.- Being a member of a HOA helps protect property values.
- By holding residents accountable to deed restrictions, homes and common areas are constantly being maintained.
- Access to community amenities such as pools, walking trails, basketball & volley ball courts.
- Depending on the HOA, by staying current with assessments, homeowners can have access to exclusive indoor and outdoor amenities.
- Community financial stability.
- With a systematic collection of assessments the community can feel financially comfortable making improvements and maintaining common areas.
- Minor HOA rules and regulations can prevent nuisance activity.
- With living in a homeowners association comes strong communication within the neighborhood, and neighborhood watch groups deterring problematic activity.
- Living in a homeowners association presents a sense of security.
- With active community volunteers diligently working for the best interest of the association, homeowners gain a sense of security.
- Common areas of the neighborhood are well maintained.
- By having a third party landscape and lawn care company under contract, lawns are properly cared for and maintained.
- Increased community pride with neighborhood events and activities.
- Community activities and gatherings such as national night out or an outdoor movie night, help bring neighbors closer, increasing community pride.
- Architectural controls committee preserving the original community design.
- The ACC reviews all projects that modify the exterior of the homes in the neighborhood community. This prevents any one homeowner from going way off base and painting their house a random color.
