My New Blog

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

 

 


Posted by Nelson Bermas on January 9th, 2009 11:15 AMPost a Comment (0)

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