Cohousing-L Mailing List: Re: Altair's HOA Dues

[Mac Thomson (macthomson]

Our homes range in square footage from about 1000 to about 3000, but that 
really doesn’t impact HOA spending at all. Everyone pays privately for the 
upkeep, insurance, etc., etc., etc. of their own home.

-- 
Mac Thomson

Heartwood Cohousing
Southwest Colorado
http://www.heartwoodcohousing.com


"When we remember that we're all mad, the mysteries dissolve, and life stands 
explained."
    - Mark Twain
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> On Jun 15, 2022, at 9:44 AM, Ann Zabaldo <zabaldo [at] earthlink.net> wrote:
> 
> Mac — thanks for this info.  Very interesting way to calculate HoA dues.
> 
> What is the s/f for each of the homes?  
> 
> We have single people occupying the largest units.  We have single parents w/ 
> 1 child occupying a 2 BR 1 or 2 bath unit that is around 800 +/-.
> 
> All of our homes now are market rate for the DC area.  Recent resale on a 2 
> BR 1BA home went for $50K over asking.  No escalation clause. Straight offer.
> 
> Just a couple of examples of the crazy market here in the DC area that affect 
> the sales of all homes including Takoma Village.
> 
> Within the last month a very plain clapboard house in a community w/ almost 
> lot line building (meaning hardly any yard front or sides) sold for $720K 
> over asking.  Now granted it was in an upscale neighborhood and it had 5 BR 
> BUT it was really, really, seriously PLAIN.  I guess the blue exterior made 
> it attractive …
> 
> This morning’s report on area sales now shows the median price of a home in 
> the area is $600K.  Ugh.  Our coho homes are now waaaay outside the “starter 
> home” set.  Even outside most work force housing that teachers, librarians, 
> civl servants could afford.  Interestingly … we don’t have a problem selling 
> homes here … but the strata who can buy here is narrow?
> 
> 
> Best —
> 
> Ann Zabaldo
> Takoma Village Cohousing
> Washington, DC
> Ex. Dir. & Mbr. Board of Directors
> Mid Atlantic Cohousing
> Principal, Cohousing Collaborative, LLC
> Falls Church, VA
> 202.546.4654
> zabaldo [at] earthlink.net
> 
> In the U.S., 5 out of 4 people have trouble with math.
> 
> NOTE:  Please use zabaldo [at] earthlink.net for email.
> 
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>> On Jun 15, 2022, at 9:40 AM, Mac Thomson via Cohousing-L <cohousing-l [at] 
>> cohousing.org> wrote:
>> 
>> As others have said, dues depend a lot on your individual circumstances, but 
>> I would guess that if you averaged similar communities, you’d get a pretty 
>> good idea of what your dues may be.
>> 
>> Our monthly dues for 2022 are: 
>> Household of 0 (vacant home): $120
>> Household of 1: $176
>> Household of 2: $231
>> Household of 3: $287
>> Household of 4: $343
>> Household of 5: $399
>> 
>> Some details:
>> 24 households
>> dues are based 50% per household and 50% per person
>> very rural community with pastures to steward, which costs ~$5K/yr
>> each of us owns our own home so HOA dues only pay for maintaining community 
>> assets: common house, workshop, greenhouse, barns — not private homes
>> we have our own roads (snow plowing and maintenance) and water and septic 
>> systems paid for with HOA dues
>> HOA dues also pay for garbage collection and recycling
>> a significant part of our dues (25% - 35%?) go into building reserves
>> 
>> 
>> -- 
>> Mac Thomson
>> 
>> Heartwood Cohousing
>> Southwest Colorado
>> http://www.heartwoodcohousing.com
>> 
>> 
>> "There never was a good war or a bad peace."
>>      - Benjamin Franklin
>> **********************************************************
>> 
>> 
>> 
>>> On Jun 14, 2022, at 2:18 PM, Joel Bartlett <altairecovillage [at] 
>>> gmail.com> wrote:
>>> 
>>> Dear Friends,
>>> 
>>> Our community has not developed our HOA dues - many factors, of course, and
>>> it is too early to tell prospective members what the dues might be.  We
>>> would very much like to have input from various Cohousing communities on
>>> what the HOA due are.  This would be helpful - and, of course, detail would
>>> also be appreciated.
>>> 
>>> Thank you so much,
>>> Yours, Joel Bartlett
>>> Altair EcoVillage
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>>> 
>>> 
>> 
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