• HOA Dues - Homeowner Association Dues

HOA Dues

One part of buying a home in a subdivision that you need to be aware of is HOA dues or homeowner association dues. If you're interested in a particular home that involves HOA dues, ensure you know what your responsibilities are.

What Are HOA Dues?

Any homeowner knows that along with experiencing the American Dream, you are required to pay state, property and income taxes. However, if you've never lived within a gated community or a subdivision that falls under the extensive web of a homeowners' association, you are likely unaware or unfamiliar with HOA dues or fees.

Wondering what exactly an HOA fee is, and why you, as an Idaho real estate owner, has to pay them?

The United States, since 1964, has experienced a steady rise in homeowners' associations. Homeowners' associations are formal legal entities created to maintain common areas. They have the ability to enforce restrictions on your home. Oftentimes, condo developments and townhome developments, as well as newer subdivisions have HOAs, which is usually created at the time the development is built.

Something called Covenants, Conditions & Restrictions are issued to each new homeowner to ensure the rules are followed in order to maintain a uniform home value of the properties involved.

You can search Idaho homes and properties for sale all throughout the state with our extensive MLS listings using our advanced and powerful search tools! Interested in BoiseMeridian or Nampa real estate? Look no further.

For all property owners in a homeowners' association subdivision or community, membership is mandatory. Know before you buy!

Mandatory fees are usually issued to all homeowners'.

Homeowners' associations have the authority to enforce maintenance and particular design standards in addition to any that may already be in place by city ordinances.

Homeowners' associations are corporations with formal bylaws- usually a government board will hire a property management company to handle the maintenance and enforcement issues. There is minimal state oversight, and many of the association's responsibilities mirror those performed by local government, however, they are not subject to the same constitutional limits that municipalities must abide by.

The association has the right to threaten legal action and enforce fines if the 3 CCC's are not followed.

It may seem like a bit much and may put you off certain Idaho homes that may otherwise seem perfect, but do keep in mind that HOAs can be a benefit to the neighborhood. It's simply a matter of weighing the pros and cons for your particular situation.

An HOA may provide:

Space for neighborhood functions.

Neighborhood security.

Street maintenance.

Neighborhood maintenance and beautification.

Maintains recreational facilities, for example: tennis courts & swimming pools.

Want to talk HOA's with a professional? Get connected at: 208.571.7145.

If you do not want a home with HOA dues, below are some listings that likely has no HOA dues.

Homes Likely with No HOA in Ada/Canyon Counties October 18, 2019
676
Listed
57
Avg. DOM
$209.55
Avg. $ / Sq.Ft.
$354,925
Med. List Price
676 Properties
Page 1 of 57
All listings featuring the IMLS IDX logo are provided courtesy of the Intermountain Multiple Listing Service, Copyright 2019.
IDX information is provided exclusively for consumers' personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. IMLS does not assume any liability for missing or inaccurate data. Information provided by IMLS is deemed reliable but not guaranteed. All listings provided by IMLS are marked with the official IMLS IDX logo.