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6 Benefits to Living in an HOA

Row of two story homes on a winding road with two car garages and cars in some driveways.

When people think about homeowners’ associations (HOAs), their mind probably lands on all the rules to follow and dues to pay. While these are a part of the reality of HOA living, rules and regulations are there for a reason—to make any community an all-encompassing wonderful place to live. And in addition to rules and dues, so many other great things are offered in HOA-managed communities. Wondering what are the benefits of an HOA? Look no further. Here are six of our favorite HOA benefits that everyone should know about. 

What are the Benefits of an HOA?

Whether you're looking for amenity features, a safe place for your family, or a calendar of events to connect with neighbors and keep you busy, there's likely something that an HOA can do to appeal to your wants and needs. Explore a few examples of the benefits of a homeowners' association below: 

1. Consistent property values.

One of the main reasons people buy into an HOA is due to the consistency of property values. An elected board of directors is there to help you protect your investment—and ensure that investment maintains its value. All owners must comply with the community guidelines related to the upkeep of their lawns, homes, and personal property. This is not only for a homeowner’s benefit but also for the benefit of the entire community. Board members live in the same association, and they want to see it thrive as much as you do.

2. A culture of activity.

In a community with an HOA, there’s something for everyone to do. It’s an environment that fosters engagement in fun activities and association duties. From barbecues to board meetings and HOA committee involvement, there’s plenty of event opportunities for neighbors to:

  • Get together
  • Meet each other
  • Create personal bonds
  • Do good for their community.

Related: Event Planning Secrets for a Successful Community Event

3. Sense of belonging.

The biggest emotional perk is a real sense of togetherness. Whether it’s a condominium association or a master-planned community, you, your neighbors, and your association team are in it together. This HOA benefit can be especially crucial for people who don’t have family close by, as neighbors often become their chosen family. Additionally, those who live within a community often have similar lifestyles, which helps build camaraderie.

A couple living in an HOA walks their dog in the neighborhood

4. Selection of amenities.

Depending on the type of community you live in, you can be sure to find amenities that suit your lifestyle, including;

  • Walking paths
  • Pools
  • Recreational areas
  • Pickleball courts
  • Gyms
  • Parks

Great for families, seniors, and young adults, there’s something in every HOA that can get you moving and offer an outlet for you to relax and rejuvenate. 

Related: Top 10 Amenities Residents Want in an HOA

5. Standards of compliance.

There are guidelines that all homeowners must comply with, and buyers should make themselves familiar with the governing documents before signing on the dotted line. Typically, associations will not tolerate unruly behavior—whether it’s a rambunctious late-night party in someone’s backyard or a clear disregard for architectural rules. There’s a board set in place to mediate neighbor disputes and set forth consequences when things go wrong.

6. Common area maintenance.

A well-maintained community isn’t just nice to look at, but also easy to live in. There’s harmony and peace that derive from trimmed trees, blooming flowers, and a garbage-free landscape. A community’s well-being is important, and knowing that there are maintenance services to take care of any issues eases the burden of homeownership.  Faulty equipment and damage to exteriors is no longer your responsibility. You've covered the costs of having someone do all the work for you!  

So, Are You Ready to Experience The Benefits of a Homeowners' Association?

There are many HOA benefits that can enhance your lifestyle, but do you really know if you’re prepared for the change? Moving into a community governed by a homeowners’ association is a very big decision. Take some time to explore additional details if you're still on the fence about shifting your situation. For some help, check out our post, “Are You Prepared for Homeowner Association Life?” to find out if it’s the right fit for you.

HOA Benefits FAQs

Why would anyone want to live in an HOA?

Homeowners' associations (HOAs) offer their residents a variety of benefits, including:

  • Consistent property values
  • Community activities
  • Amenities
  • Common area maintenance 

Do HOAs increase property value?

The Community Associations Institute (CAI) shares that HOAs that focus on preserving the neighborhood and enhancing efficiencies can protect and increase property values by as much as 2% to 17%. recent study also noted that homes within two miles of an HOA sell at an 8.5% premium compared to other non-HOA properties.

What are the advantages and disadvantages of having an HOA?

 Here are some of the most significant benefits of a homeowners' association

  • Neighborhood safety. Many HOAs have gated entry, restricted access to amenities, and rules for houseguests and gatherings in shared areas, which enhance community security and help homeowners feel safe.
  • Conflict resolution. HOAs have best practices in place to mediate and resolve disputes that may arise between homeowners. This helps morale stay high and prevents issues from escalating.
  • Enforced community standards. While some neighborhoods may have unofficial guidelines or suggestions for residents, HOAs can enforce the rules of their communities. If homeowners don’t adhere to the standards of compliance, they typically receive a notice or may pay a fine.

Here are ways homeowners may struggle with community association living.

  • HOA rules. Although HOA rules exist to protect the community’s integrity, improve the quality of life, and keep residents safe, some people may find them to be restrictive. Always ask for and read the rules of an HOA before signing on the dotted line to confirm they align with your lifestyle and preferences.
  • HOA dues and fees. Regular fees and assessments are part of living in an HOA. The HOA collects regular dues and fees to fund the association’s operations and maintain the community. However, some residents may feel their money isn’t being used wisely—especially if the HOA board fails to communicate budgeting goals and successes. Understand your financial responsibility, the assessment schedules and frequency, and fee and fine amounts to avoid surprise charges.
  • HOA mismanagement. It’s possible for HOAs to fall under poor leadership, which means the association isn’t living up to its full potential.