HOAs are one of the most popular housing options for modern-day homeowners. In Georgia alone, over 2 million families have already joined this trend toward convenient community living.
Homeowners living in an HOA enjoy convenient amenities, a pleasant sense of community, and stable home values. In return, they pay monthly or annual HOA fees toward the upkeep of these amenities.
Without effective HOA property maintenance, your community in Roswell, GA, can't meet residents' expectations. Read on to find out why.
HOA Maintenance Preserves Property Values
Home value is directly related to the property's overall condition. Run-down homes with unkempt gardens, peeling paint, and leaking roofs rarely attract many buyers and can devalue all the homes nearby, too.
In an HOA, property owners must comply with strict maintenance for the exterior of their properties. The HOA board attends to all the rest. This ensures the community retains its curb appeal.
Overall, homes in an HOA sell for 4% more than comparable homes that aren't part of an HOA. This is largely due to the convenience of living in a well-run community with appealing, well-maintained amenities.
HOA Property Maintenance Is Convenient for Homeowners
By managing everyday routine maintenance, like garbage disposal, landscaping, and street cleaning, the HOA board alleviates the burden of these mundane tasks. At the same time, they preserve the appeal of the property.
This means homeowners don't need to give these aspects a second thought or manage related maintenance expenses. The power of community means that HOAs often get preferential rates from maintenance contractors, too.
The HOA board passes these savings along to the homeowners, who pay only a portion of the costs via HOA fees.
Regular Maintenance Preserves HOA Amenities
Staying up-to-date with routine maintenance can help you avoid costly repairs and replacements, limiting the need for special assessments.
Residents in an HOA are entitled to the use of HOA amenities as long as they pay their HOA fees. Not being able to use the amenities due to poor maintenance will cause discontent in the community.
Hiring a Property Manager Helps Maximize Maintenance
Well-maintained amenities and buildings last longer, but it takes more than routine maintenance to keep them that way. Around 80% of board members report unanticipated infrastructure issues in the last three years, despite planned maintenance.
HOA infrastructure requires an expert eye to detect issues that go beyond the obvious. An experienced HOA manager can help you avoid these unexpected issues.
Ensure Optimum HOA Maintenance
One of the major reasons people choose to buy homes in an HOA is the fact that they get to enjoy a host of amenities as well as high property values. An effective HOA maintenance program helps ensure the HOA meets these expectations.
One way to stay up-to-date with HOA property maintenance is by hiring an HOA manager to coordinate this aspect.
PMI Roswell is supported by over 20 years of experience in HOA property management. Our team is well-versed in every aspect of property management to ensure your HOA community thrives.
Take the first step toward streamlining your Rosswell HOA's operations today.
