If you’re considering buying a property in the Coosawattee River Resort, one thing you should know is that there are HOA fees associated with living in this community. In this article, we’ll take a closer look at what these fees entail and how they’re calculated.
What Are HOA Fees?
First things first, let’s define what HOA fees are. HOA stands for “homeowners association,” which is an organization that manages and maintains common areas and amenities in a community.
These common areas could include things like parks, pools, and recreational facilities. The HOA fees are the monthly or annual dues that homeowners pay to cover the cost of maintaining these shared spaces.
What Do the HOA Fees Cover in Coosawattee River Resort?
Now that we know what HOA fees are, let’s talk about what they cover specifically in the Coosawattee River Resort. According to the resort’s website, the HOA fees cover a wide range of services and amenities, including:
- Maintenance of roads
- Security patrol
- Gated entrances
- Trash pickup
- Water and sewer services
- Cable TV and internet access
- Access to all amenities
How Much Are the HOA Fees?
The amount of the HOA fees varies depending on several factors such as property size, location, and amenities. As of this writing (2021), the annual HOA fee for a basic lot in Coosawattee River Resort is $673. This fee may change over time due to various factors such as inflation or changes in community needs.
Additional Fees:
It’s important to note that there may be additional fees for certain amenities in the community. For example, if you want to use the indoor or outdoor pool, you may need to pay an additional fee. There are also fees for things like boat storage and RV parking.
Are the HOA Fees Worth It?
The answer to this question will vary depending on your individual circumstances and needs. Some people may find that the amenities and services provided by the HOA are well worth the cost of the fees. Others may prefer to live in a community without an HOA or with lower fees.
Ultimately, it’s up to you to decide whether the HOA fees in Coosawattee River Resort are worth it for you. We recommend doing your research and talking to current residents before making a decision.
Conclusion
In summary, HOA fees are an important consideration when buying a property in Coosawattee River Resort. These fees cover a wide range of services and amenities, including maintenance of roads, security patrol, and access to shared spaces like parks and pools.
The amount of these fees varies depending on several factors, but as of 2021, the annual fee for a basic lot is $673. Ultimately, it’s up to you to decide whether these fees are worth it for you and your family.