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Why do HOA fees differ?

There are many reasons why HOA and condo fees differ from neighborhood to neighborhood and Joan touches on some good ones here. It is also important to note that those fees vary within the neighborhood as well as they are often based on the square footage of the unit.  The bigger the unit or house, the bigger the fees!  Be sure to check and see what your HOA fees DON'T cover.  Things such as pool membership, community center rentals, and golf course fees are often cost extra.
Why do HOA fees differ?

Why do HOA fees differ so much between complexes?    Multi-family buildings include a few items in their monthly fee such as water/sewer, trash, snow removal, grounds maintenance of common areas, exterior building maintenance with roof and insurance of the exterior building.    Some don't pay for water/sewer and some do not pay for exterior building with roof.    Some complexes have amenities lika pool and clubhouse with fitness center. 

Each complex has a Board of Directors that reviews the budget.   This is when they review contracts with vendors who do the snow removal and also the maintenance of the grass/sprinkler systems.      When there have been many storms that ... more

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