Having a Home Owners Association that encompasses your family home is a great way to boost your security and enjoyment of the area.
Becoming a homeowner is one of the most exciting times in life! There’s something so special about owning the place that you love to live in. But it can be extremely stressful and overwhelming at times as well.
That’s why almost 74 million Americans choose to have their family home in a neighborhood with a Home Owner’s Association.
Living in an HOA is a great way to have some of the annoyances of homeownership taken care of for you. We’ve outlined some of the major benefits you can experience through a local HOA.
Access to Common Areas
In many communities with an HOA, homeowners have the added bonus of having access to common areas within the neighborhood. These amenities make the whole neighborhood more appealing and family-friendly.
One of the most common examples of these bonus areas is parks or clubhouses. Sometimes the clubhouse will even have a pool attached if the location allows for that. Other communities have walking paths, tennis courts, or fire pits. These amenities are designed to help enhance the local nature and climate.
The best part about these communal areas is that they are maintained and cared for by the HOA. You can use and enjoy them and then leave knowing it will be well-taken care of without effort by you! It’s the most win-win situation for a homeowner!
Standards Across the Community
There is a lot of pride that goes into family homes, not only is it somewhere so important to your daily life but it’s also an investment. The last thing you want is for your asset to be spoiled because of its surroundings.
Unfortunately, that does happen for many homes that aren’t a part of an HOA.
Those neighborhoods don’t have a way to set standards and guidelines for what’s acceptable and what isn’t. That means the quality of homes, landscaping, and other things aren’t regulated. There can be huge discrepancies between the variety of homes.
When you work with an HOA management team, not only are there these set guidelines but there is also someone available to enforce them as well, giving you even more benefit.
Steady Property Values
No matter how special your feelings are about your home, it’s still an asset and should be protected as much as possible. You want to know that if your situation changes it’s protected or can benefit you.
The biggest way you can look out for that is through its property value estimation.
While this number takes into account your home and its specific information, it also is influenced by the surrounding area and local taxes. So it makes sense that neighborhoods with HOA systems that enforce set standards will have more consistent property values.
It’s important to note that this doesn’t mean the property values are higher, just that they’re less likely to dramatically change from year to year and have negative consequences on homeowners in the area.
Even if you live in the best neighborhood and become friends with all of your neighbors, there’s still a good chance that some problems will arise. It’s nearly impossible to live conflict-free in a neighborhood.
Not very many people enjoy having these types of situations with the people that they have to see and interact with on such a regular basis. It’s uncomfortable and difficult to resolve on your own. That often leads to people avoiding the conflict altogether but then being frustrated by the situation for an extended period.
Having an HOA means there is a middleman to handle the neighborhood conflicts. It leaves personal feelings out and has a much higher rate of success and resolution than those without.
Outside Management Options
Depending on your specific HOA and their management team, you could be living with much fewer responsibilities and duties throughout the neighborhood.
Most communities set their HOAs up to handle all of the maintenance and upkeep of the common areas and any amenities located within the neighborhood. That means you won’t be in charge of a regular clean-up or be asked to help fix anything up. It’ll all be taken care of for you!
Working with a management team also means that if you’d like to be involved with your HOA and be on the board, you won’t have to handle all of the day-to-day tasks either. A management team makes the whole experience much more simple while keeping all of those benefits intact.
Strong Community Feeling
Living in an HOA lends itself to a stronger feeling of community and togetherness than living in an area without that connection.
An HOA does a lot to bring people together and help them truly enjoy the place that they live. It brings people together with the common goal of making the neighborhood as safe, clean, and enjoyable as possible. When you’re all working towards one outcome, it’s hard to not become bound together.
Instead of people sticking to themselves without interacting with their neighbors, they’ll be more likely to spend time together enjoying the amenities and getting to know each other.
It’s a surprising outcome but family single home HOAs do a lot for community morale and pride, which goes a long way for overall happiness.
Enjoy Your Family Home Within an HOA
The family home is one of the most important aspects of someone’s life. It’s the place where you build and improve relationships, where memories are made, and where you can go to feel safe.
Choosing to live in a neighborhood that has an HOA system can improve the overall quality of life in that special home.
And the great news is, it’s possible to have the benefits of an HOA without any of the work. Working with a professional HOA management team relieves all of the stress off of the neighborhood and leaves them with all of the perks instead. If you’re interested in learning more about HOA management teams, contact us today!