Cohousing-L Mailing List: Re: HOA fees

[David Heimann (heimann]

Hi Karen,

	We (Jamaica Plain Cohousing in the Jamaica Plain neighborhood in 
Boston) have a somewhat different allocation for condo fees than I've 
seen presented thus far.  Ours are based on the percentage interest 
shown in the Master Deed.  While they are higher for larger units than 
for smaller ones, they are not strictly proportional to area, nor is 
there an equally-split component.  Essentially, during development the 
initial prices were determined by our project consultant (Chris 
ScottHanson) and a couple of local realtors, and the percentage 
interests were set proportionally to those prices.  The lone exception 
was where one owner expanded their unit to add an extra bedroom, but for 
some reason not likely to be repeated, we did not change their 
percentage interest.

        Hope this helps.

Regards,
David Heimann
JP Cohousing


> > Message: 1
> > Date: Wed, 26 Oct 2022 19:37:18 +0000 (UTC)
> > From: karen kitchen <grcamom [at] yahoo.com>
> > To: Cohousing-L Mailing List <cohousing-l [at] cohousing.org>
> > Subject: [C-L]_ How to assess HOA fees?
> > Message-ID: <306942616.250261.1666813038643 [at] mail.yahoo.com>
> > Content-Type: text/plain; charset=UTF-8
> >
> > Hi All,
> > Our community, Bozeman Cohousing, is in the process of deciding the best way to 
> > allocate HOA dues to each unit. We have heard that some communities base HOA 
> > dues on square footage while others have a flat rate for each unit.
> > We are wondering what basis other Cohousing communities use to determine HOA 
> > dues? If you have reasons for choosing a certain method? And, if you have run 
> > into any problems with the way HOA dues are distributed between units?
> > We will have 18 3-bedroom units, 22 2-bedroom units, and 3 studio units. The 
> > largest homes are about 1,450 sq ft. and the studios are under 600 sq ft.
> > Thanks in advance for any insight into allocating HOA dues!
> > Karen KitchenBozeman Cohousing