Are you curious about homeowner associations in mountain resort communities? Alpine Edge will help you manage or set up your HOA. Read on for all of the information you need.
When you imagine your dream living situation, what sort of things do you think about? Maybe you want a beautiful house in an area vibrant with natural beauty. You may also dream about living in the perfect neighborhood, having cookouts with your neighbors by the pool, and watching your kids play on the lawn.
Living in a resort community with an HOA can give you all of those amazing things and more. Read on to learn more about homeowner associations and the ways they can make every day feel like you’re living on vacation.
What Is a Resort Community?
Before we dive into the benefits of an HOA, let’s talk some about resort communities and what they are. A resort community is a managed community designed to deliver the resort experience for residents. These communities are often located near beautiful destinations like oceans, lakes, or mountains.
The best resort communities can make you feel like you’re living in your dream vacation every day. These communities are beautiful and provide a range of community activities and amenities that make each day magical. Resort communities may also be geared towards a certain group of people, such as retirees or older adults who wish to remain active.
What Is an HOA?
A homeowner’s association is an organization that helps to manage neighborhoods and communities. This group helps to ensure that your neighborhood remains a safe, beautiful place to live. They may also organize community activities, maintain public amenities, and help resolve any disagreements between neighbors.
In a resort community, an HOA helps to ensure you have the best possible living experience. Without an HOA around, these neighborhoods are just collections of houses in a beautiful area. The HOA curates a true sense of community, as well as helping participants to take full advantage of the beautiful area around them.
When you live in a traditional neighborhood, your access to amenities may not extend past your backyard. Sure, you might have a pool, grill, or even an outdoor kitchen in your yard. But you’re not likely to have tennis courts or walking trails, and you’re responsible for maintaining all those luxuries yourself.
An HOA in a resort community can give you access to more amenities for less trouble. Resort communities may have hiking and biking trails, a community pool, a fitness center, tennis and basketball courts, and even a hot tub or sauna. Best of all, the resort association will handle all the maintenance on these community amenities, so you can enjoy them hassle-free.
Better Community Engagement
One of the major advantages of living in a neighborhood is the opportunity it gives you to be a part of a community. You may have dreams of throwing block parties, chatting with neighbors over the back fence, and arranging play dates and sleepovers for your kids. But when you live in a community with no HOA, making those connections can be extremely challenging.
HOAs in resort communities are experts at fostering a sense of community. They organize community events and can even help connect neighbors who may have things in common. This sort of unity can make your neighborhood a much friendlier, more active place to live.
Fewer Neighbor Conflicts
Even in the best communities, differences in opinion will sometimes arise. One neighbor may like to play music at their barbeques, while another neighbor may be working a night shift and trying to sleep during the day. In a neighborhood with no management, these differences can fester and turn into all-out feuds.
Resolving differences between neighbors is one of the responsibilities of an HOA. These organizations can help to work out an agreement that fits everyone’s needs. Handling these problems early can keep neighborhood life harmonious and make sure everyone has an amazing living experience.
Stable Property Values
When you buy a house, you want to make sure it will hold or increase its value during your time in the home. But in standard communities, property values will only be as high as the worst house in the neighborhood. You have to rely on your neighbors to maintain their yards and homes in order for your property values to stay high.
Having an HOA in place can help keep your property values on the rise. For one thing, the HOA will upgrade amenities as the community grows, providing more inherent value to the neighborhood. But they can also help enforce community guidelines that will keep your neighborhood beautiful and thriving.
Resort Community HOA Fees
In order for an HOA to be able to do the work they need to, they need funding. Like the amenities, however, you will share this expense with the other people living in your community. Individual HOA fees are relatively small, especially considering all the benefits they bring you.
Your HOA fees will vary depending on the community you live in. In general, these fees range somewhere between $100 and $700 a year, with a rough average of $200 a year. You might also have some additional fees for the extra benefits a resort community covers, so be sure to include those in your housing budget.
Discover the Benefits of Homeowner Associations
Living in a resort community can be a dream, and having a good HOA around can keep that dream running smoothly. Homeowner associations give you access to more amenities, keep your property values high, and curate a harmonious community. With the luxuries your HOA will provide and the natural beauty of your resort community, every day will feel like you’re living in paradise.
If you’d like to discover the beauty of a resort community for yourself, check out the rest of our site at Alpine Edge Property Management. We offer condos rentals, ski lodging, cabin rentals, and more in the charming town of Breckenridge, Colorado. Contact us today and discover what life can be like among the breathtaking scenery of the Colorado mountains.