Everyone wants to find the perfect neighborhood, and some are undoubtedly more pleasant than others. Given the choice, most people would prefer to live in a neighborhood with a homeowners association, and there are currently about 370,000 of them across the US.
HOAs offer a range of benefits that make a community better for residents. If you own a property in one, there are various things that the HOA board will do that can have a positive impact on your home value.
In this guide, we'll take a look at the various aspects of HOA property maintenance that can improve home values. Keep reading for more.
When buyers are looking at homes, the curb appeal is one of the most important aspects. First impressions are vital, so when anyone comes for a viewing, the curb appeal will have a huge impact on their overall decision.
A typical HOA maintenance checklist will cover things like trash collection, tree trimming, and grass cutting. This keeps the entire neighborhood in top shape, making it more appealing to potential buyers.
Various HOA amenities are common in neighborhoods with homeowners associations. These typically include things like swimming pools, gyms, and parks.
Features like these will help keep property values up. Your HOA board will ensure they're properly maintained so residents can use them at any time. The maintenance costs are covered by HOA fees that all residents pay, and an HOA board may be able to add additional amenities if there are funds available.
Pets can be a huge nuisance, and they can pop up anywhere. HOA boards are responsible for ensuring any pest infestations are taken care of quickly. This will help stop them from spreading and keep the neighborhood clear.
Pests can cause a lot of property damage, and no one wants to have to deal with an infestation on their own. Any potential buyers will have peace of mind knowing that they'll have help with this kind of thing.
Even well-paved roads will eventually give way to wear and tear. An HOA board will make sure that roads are properly maintained so that they look good and are smooth to drive on.
This also includes ensuring speed bumps are maintained, parking spaces are equal, and road markings are clear. HOA boards will hire contractors for road repairs or any other maintenance work that's needed. An HOA management company can also help with this.
Fence and Gate Repairs
A typical neighborhood has different fences and gates, such as perimeter fences and pool fences. Homeowners are responsible for fences on their own property while the HOA board is responsible for community fences. If these fences or any gates along them are damaged, the HOA board will make sure they get repaired.
Get Professional Assistance With HOA Property Maintenance
While the board members are responsible for HOA property maintenance, they may sometimes need assistance with it. An association management company can support an HOA board to help ensure they can stay on top of all their responsibilities.
PMI Professionals offers association management services along with various other real estate services that could help you and your community. With over 30 years of experience, you can count on us to offer excellent services. Contact us today for more information!