According to the Foundation for Community Association Research, the average monthly HOA fee nationwide is $259. HOA fees cover amenities and services, including HOA property maintenance. Can these HOA benefits boost home values in Sacramento, CA, though?
The short answer is yes! HOA governance can boost a community's real estate value by protecting and enhancing the neighborhood. Read on to learn more about how these HOA regulations can benefit your community!
HOA Property Maintenance and Landscaping
According to a survey by the Foundation for Community Association Research, 60% of HOA residents had a positive experience with their community association. Some of the pros they listed include:
- Access to amenities (pools, gyms, etc.)
- Property upkeep services (trash and snow removal)
- Maintenance and enhancement of property values
Regular HOA property maintenance can protect and beautify the neighborhood. The HOA will maintain common areas and enhance the neighborhood's overall aesthetic.
Maintaining and improving the neighborhood's appearance can make homes more desirable to buyers. This will increase each property's perceived worth.
The community's covenants, conditions, and restrictions will require homeowners to keep up with regular maintenance. These can include:
- Removing clutter, litter, and dead vegetation from yards
- Limiting how tall lawns can grow
- Trimming bushes and trees
- Repairing home exteriors
- Keeping driveways clear and in good shape
- Keeping gardens free of weeds
Architectural Standards
Some HOAs enforce architectural styles to create visual harmony within the neighborhood. Similar exterior home styles can create a sense of cohesiveness that will attract buyers.
Your HOA will enforce exterior design regulations, creating a sense of unity. Your HOA may have an architectural review board to prevent safety hazards and maintain aesthetics. An association management company can enforce these rules on the board's behalf.
HOA Regulations
Your HOA can create and enforce rules to help residents feel safe within the community. These HOA regulations may cover:
- Home occupancy limits
- Noise complaint policies
- Trash and recycling rules
- Holiday decoration restrictions
- Pet limitations
- Street parking rules and guidelines
- Short-term guest restrictions
These rules will protect property value factors like the neighborhood's lifestyle, aesthetic, and safety.
HOA Benefits and Amenities
Having an HOA will give you access to amenities and services that will boost the neighborhood's real estate value. These HOA benefits include:
- Outdoor recreation options
- Community parks and gardens
- Swimming pools
- Fitness centers
- Playgrounds
- Clubhouses
- Picnic or barbecue areas
Your HOA may plan events to bring neighbors together, creating a sense of community and inclusivity. This community maintenance impact will encourage residents to take pride in the neighborhood.
You can experience even more HOA benefits by hiring an HOA management company. Their services can further enhance property values while improving each resident's quality of life.
Boost Your Real Estate Value Today
Having an HOA can give you access to benefits like regular HOA property maintenance, amenities, and protective HOA regulations. The most successful HOAs don't operate alone, though. Instead, consider partnering with a property management company like PMI SacValley.
We take the time to understand what makes your community unique to ensure we customize our services based on your needs and goals. Our experienced team is committed to adding value to your community through innovative solutions, honesty, and communication. Contact us to schedule a free consultation.
