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Old 10-13-2012, 17:04   #8
Senior Member
Join Date: Jan 2005
Location: pa
Posts: 837
Originally Posted by MtBaldy View Post
It's a fact properties in developments with HOA are worth more than developments without. The houses are usually better kept, there are no chartreuse or Pepto-Bismol pink houses, the yards are neat. Yeah, they can be a PITA but most exist simply to keep property values up and ensure people in the development can enjoy their properties to the fullest without worrying about how the state of their neighbors property affects the value of theirs. Full disclosure: I was head of a small HOA for a couple of years. Not because I wanted to but because no one else wanted to do it and if we didn't have one the state of Florida was going to hire someone to manage the HOA at our expense.
Can you provide some proof that HOA increase property value???
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