Like everyone in Prescott Glen, I received my notice for the HOA Dues increase for 2009. As a past president of the HOA, I understand the difficult decision the board had to make. During these tough economic times, nobody wants to pay more than they have to. So I compiled the list of neighborhood dues for homes in the Lexington area. The neighborhoods do have pools but some maybe smaller and without clubhouses. Keep that in mind since the major expense for our budget is the pool and clubhouse ($30k, which is 25% of the HOA budget). Some of these neighborhoods are still being developed and the builder/developer may be subsidizing for the empty lots. My family enjoys the pool and the neighborhood amenities so keeping it safe and maintained is worth doing. Like anything older, they wear down and need to get maintained and repaired.
HOA Dues Per Year
Farming Creek $300
Governors Grant $320
Heritage Farm $400 * DR Horton Neighborhood
Hope Springs $475
Martins Grove $340
Olde Saluda $585
Persimmon Grove $250 *Still being built/ maybe subsidized by builder
Richmond Farms $312
South Brook $600
Summer Lake $600
The Mill $470 *clubhouse w/ fitness room, still being developed
Tri Spring $300
Wellesley $235
Willowbrooke $360
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