[quote=Hobie][quote=kcal09]$342 HOA covers landscaping and maintenance of common areas. Unfortunately, there are no facilities such as tennis court or swimming pool so the monthly fee seems to be quite high. Granted, there is no MR but over $4k annually is close to a hidden MR.[/quote]
HOA Landscaping costs are likely to rise as plants mature and require more time to maintain.[/quote]
It’s also going to rise if there aren’t enough people buying in the community to support the projected per home cost that was estimated assuming X percent occupancy…It’s also going to rise in a newer community if the HOA is underfunded.
