Home Buying & Selling
February 28, 2023

What are the Pros and Cons of Living in an HOA Neighborhood?

Estimated reading time: 2 minutes

There are so many different neighborhoods you can choose to live in, each with its own unique people and personalities. Some communities may operate with an HOA. How do you know if an HOA neighborhood is for you? Let’s look at the pros and cons.

What is an HOA?

A Homeowner Association, also known as a HOA, is a community organization that manages and maintains a specific neighborhood. Composed of residents, an HOA sets and enforces rules for homeowners, maintain property standards, and allocate funds to maintain shared spaces. Many types of housing communities have HOAs, such as single-family home developments, planned communities, townhouse subdivisions, and condominium complexes.

Homeowners automatically become members of the HOA when buying properties within the neighborhood. Each homeowner is required to pay monthly or yearly fees to the HOA.

Disadvantages of an HOA


Dues are a mandatory part of living in an HOA community. These fees can differ within a community due to a property’s square footage or location. Dues pay for property and community maintenance, upkeep, and community amenities. Even if you do not use the amenities, you are still required to pay. Dues may also pay for employees who work for the HOA or emergency funds.

Guidelines and Restrictions

Much like when you rent an apartment, Homeowner Associations typically have strict rules about property appearance. This can be anything from siding or roof colors and materials, fencing height and placement, yard décor or furniture, and visitor parking. Residents that don’t adhere to guidelines may be subject to fines.

Advantages of an HOA


When you live in an HOA community, the association typically manages the maintenance of the properties and community. You could potentially save money on exterior maintenance when living in the community. HOAs are typically responsible for other forms of care, such as mowing lawns, gardening, snow shoveling, pest control, and maintaining pathways.

Curb Appeal

As an HOA typically enforces rules and regulations about a home’s exterior appearance, the neighborhood will benefit from stunning curb appeal. When it comes time to sell your home, your well-kept neighborhood may impress more than other properties.

Handled Disputes

HOAs provide an alternative for neighbor disputes. The most common disputes an HOA can handle are noise complaints or property maintenance issues, although different communities may handle other issues as well. They can also step in when parking or clean up disputes happen.

Included Amenities

Oftentimes, HOA communities include amenities that can enhance your lifestyle. Some have pools, playgrounds, and gyms, all of which are maintained by the HOA. Other neighborhoods may host social gatherings for residents, such as block parties, cookouts, and more.

Is an HOA Neighborhood Right for You?

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HOA neighborhoods can be great for homeowners, but it’s up to preference! When you’re ready to discuss home financing, contact us! One of our dedicated Loan Originators will walk you through the homebuying process and find the best solutions for you.

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