HOA dues in Grand Rapids. What are they? What is the benefit and or drawbacks of living in a community with home owners association dues? It’s hard to take an opinion on HOA dues in Grand Rapids from someone if they have never experienced them in the first place. With so many different opinions I figured laying it all out in this post will help you form your own opinion on the subject. HOA dues are designed to help keep the community afloat. A homeowners association typically exists in condo buildings, gated communities etc. The association has the best interest of the building or neighborhood in mind. They make decisions of imposing fines, making sure common areas are well maintained and the annual budget stays on track. Grand Rapids has it’s fair share of condo associations and gated communities. Let’s take a moment to talk in detail about some of the pros and cons if you are considering purchasing a home with HOA dues in Grand Rapids.
One of my personal favorites of having HOA dues is a few less things to worry about. For example, when living in a condo, your association dues might include heat, water and trash. this benefit is among peoples favorites. When moving to a condo people like the easier lifestyle. Less upkeep of your home and more time to do the things you really enjoy. It’s nice to have that peace of mind knowing that pool or gym is available to you 24 hours a day and included in your dues. It’s nice to not have to worry about paying the water or trash bill. People find the simplicity of living in a condo or neighborhood to be very attractive.
Repair costs are something to consider. There is a lot less to worry about with a condo association. Owners are typically responsible for repairs needed in the interior of the home such as the furnace, appliances etc. The roof and exterior repairs are the responsibility of the association. This create a lot of ease of mind for owners that one wouldn’t normally have with owning a home. A lot of people I personally know moved from a big house to a condo in the city because they were tired of repairs around the house, mowing the lawn and just the all around maintenance a typical home requires.
Associations come with some downfalls too. They have restrictions. Specific rules all residents need to follow in order to keep things working in the community. These restrictions can range from the color of your homes exterior to weather or not you can have a real Christmas tree. Living in a community with a lot of other residents who all have different tastes and styles can be tough when everyone has their own ideas on what they would like to do. Having these restrictions help keep things in the community looking uniform.
HOA Dues in Grand Rapids have a wide range. Some more expensive than others. Some offering more amenities than others. When trying to decide what you would like out of an association take into consideration the cost of the dues and what they include. Grand Rapids offers downtown living with all the amenities one would expect in a big city. A door man, indoor pool, gym and parking. Of course with all the amenities comes higher dues. If it’s simplicity you are looking for and quiet, Grand Rapids has quite a few condo associations to choose from that are located outside the hustle and bustle of downtown living. Some offer lower dues compared to the downtown area associations. For more information on downtown Grand Rapids condo living click here.