Pros & Cons of living in a HOA Community

Curious what it would be like to live in a well-kept neighborhood with a hotel-quality gym, a picturesque
walking trail, and a sparkling pool?

That’s the allure of an HOA (Homeowners Association) community. But is it the right fit for you? Let’s unpack the pros and cons.

PROS

NO. 1

Picture-Perfect Streets 

HOAs ensure that the community appearance stays top-notch, regulating everything from the neighborhood entrance to lawn upkeep and exterior paint colors.

NO. 2

Less Work, More Play

With an HOA taking care of community features like landscaping and building maintenance, you’ll find fewer chores on your weekend to-do list.

NO. 3

Your Wallet will Thank You

Often, being part of an HOA lets you become a homeowner at a more friendly price point—especially in condo communities that can be
more budget-friendly than standalone homes.

NO. 4

Amenities Galore
Many HOA communities offer a range of amenities, including swimming pools, fitness centers, dog parks, hiking trails, and clubhouses.

CONS

NO. 1

Democracy, HOA-style
Budget decisions and other community related issues? You’ll vote on those with your fellow residents—and it’s not always
a walk in the park to reach a consensus.

NO. 2

Surprise Costs
Every so often, HOAs will levy special assessments. These unexpected costs can catch homeowners off guard, but they cover expenses like a new roof for the clubhouse
or resurfacing the community pool.

NO. 3

Not So Free Rein
Want paint your front door a vibrant red? Or store your boat or RV in the side yard? Some HOAs have rules on
home modifications, and what you can and can’t leave in your yard.

NO. 4

Rental Restrictions
Thinking about renting out your place on Airbnb? You’ll have to check what
restrictions have been outlined by your HOA or risk penalties.

Regardless if you are considering an HOA community or want to explore other options, I’d love to
be a resource to you. Drop a comment or shoot me a message.

 

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