Larger vs smaller associations

[Lakes Region Guy]

what are some of the HOA fees for these associations?
I'm thinking of SDS, Mallard Cove, Grouse Point, Jonathans Landing, Windwood Harbor.

[joey2665]

Originally Posted by Lakes Region Guy

what are some of the HOA fees for these associations?
I'm thinking of SDS, Mallard Cove, Grouse Point, Jonathans Landing, Windwood Harbor.

SDS the primary HOA is 1k per year to take care of the common areas but you sub HOA fees vary by the size associate, so the Heights will be different from the Highlands, Bay Hills, Captains Walk, Daw, Colonial, Ferncroft, Golf Club, Gabels ect.......

[Light Breeze]

I'm in the Highlands and its $350...

[DznyGirl]

Mallard Cove currently lists an HOA fee of $290/month

[jetskier]

Originally Posted by joey2665

SDS the primary HOA is 1k per year to take care of the common areas but you sub HOA fees vary by the size associate, so the Heights will be different from the Highlands, Bay Hills, Captains Walk, Daw, Colonial, Ferncroft, Golf Club, Gabels ect.......

Joey2665 is correct...there are two levels of association in SD. SDRA is the association that manages the common infrastructure (main roads, greenbelt, beach, gate etc...) The ~$1K is the SDRA fee. The community is divided into villages and single family homes. The villages maintain their common property...roads, pools (where applicable), beach (where applicable). In addition, some costs are included in the village fee and some are not. Some villages include trash pickup in their fee (such as Gables and Captains Walk), other do not. In addition, some are really condominium associations and units do not include property (such as Gables, Daw Village etc...). Captain's Walk is a group of homes with individual lots and common roads.

So, it is a bit complex...the advantage of a large association wrapped around smaller associations is scale and amenities. A large association can amortize costs across a broader group...SD and LB have volunteer boards and $1k (SDRA) is extremely reasonable on a comparable basis. A small association can pay attention to individual needs without having to deal with the broad population...ex painting, residing, trash, governance etc...

Jetskier

[iw8surf]

What is the protocol on offsetting costs for weekends/weeks you're not there. Do associations allow you to rent your property or is that not allowed?

[joey2665]

Originally Posted by iw8surf

What is the protocol on offsetting costs for weekends/weeks you're not there. Do associations allow you to rent your property or is that not allowed?

You are allowed to rent in most if not all the villages in SDS and LB but some have restrictions on the amount of time. Some villages prefer long term rentals as opposed to short term. Make sure when you are looking at homes/condos that you read the village bylaws throughly



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[BroadHopper]

On Winnisquam. Full amenities including backyard pond, 200 ft sandy beach, mooring field, launch ramp, natural gas utility etc. About 120 units with $300 @ month HOA fees.

Five minutes to Lakeport Landing, Irwin Marine. I have a boat on both winnis. Best of both worlds!

[jetskier]

Originally Posted by iw8surf

What is the protocol on offsetting costs for weekends/weeks you're not there. Do associations allow you to rent your property or is that not allowed?

SD does allow rentals...note that each of the villages have their own rules about rentals also, but generally it is allowed.