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Old 11-11-2017, 01:21 PM
 
Location: DuckDuckGo view
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I am not familiar with HOA fees but most of the homes we seem to like online have HOA. The house will be used as a rental initially. What would you say is a typical fee paid for HOA in Phoenix area? Is this dependent on home size? The house that piqued our interest have HOA of $544 which seems very high for us but then, we never had to deal with it before. Thanks for any info.
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Old 11-11-2017, 01:39 PM
 
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That’s extremely high. $1-200 is probably average. Mine is $40.
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Old 11-11-2017, 02:44 PM
 
Location: Scottsdale, AZ
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There is no average for HOA fees. You have to research what you are getting for the money. Many planned communities offer a wide selection of amenities such as golf, pool, parks, lakes, security, even yard maintenance or street maintenance so the fee may be very high. Other communities offer little so the fee may be very low. Still, other communities have multiple HOAs or even land leases that must be satisfied.

A high HOA fee may not necessarily be a bad thing IF you get a lot of benefit for the money and you utilize the amenities. If you are someone that doesn't need or want the amenities then it would be silly to pay for them.
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Old 11-11-2017, 03:32 PM
 
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For my $40 I get a vast trail network within the neighborhood, two large pools, parks, sand volleyball, tennis courts, community centers, common area landscaping, sponsored events and more. For $500 it better come with a state of the art fitness facility and golf.
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Old 11-11-2017, 03:46 PM
 
Location: Buckeye
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We pay 128$ a month in Sun City Festival.
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Old 11-11-2017, 03:46 PM
 
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Quote:
Originally Posted by nasu View Post
I am not familiar with HOA fees but most of the homes we seem to like online have HOA. The house will be used as a rental initially. What would you say is a typical fee paid for HOA in Phoenix area? Is this dependent on home size? The house that piqued our interest have HOA of $544 which seems very high for us but then, we never had to deal with it before. Thanks for any info.
I assume $544 is annual?
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Old 11-11-2017, 05:16 PM
 
2,302 posts, read 4,712,512 times
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Quote:
Originally Posted by AZJoeD View Post
There is no average for HOA fees. You have to research what you are getting for the money. Many planned communities offer a wide selection of amenities such as golf, pool, parks, lakes, security, even yard maintenance or street maintenance so the fee may be very high. Other communities offer little so the fee may be very low. Still, other communities have multiple HOAs or even land leases that must be satisfied.

A high HOA fee may not necessarily be a bad thing IF you get a lot of benefit for the money and you utilize the amenities. If you are someone that doesn't need or want the amenities then it would be silly to pay for them.
There really are so many factors. Some I've dealt with: number of homes (economies of scale), plantings (too many plants, trees and grass vs the # of homes), dead beats (less of a factor now that they have equity, but still can be a drain), bad landscaper, bad community manager, rubber stamp boards...
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Old 11-11-2017, 05:25 PM
 
Location: DuckDuckGo view
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Thank you everyone for your info. This is what I saw on realtor.com:

HOA: Y
HOA Fee: 544.50
Common Area Maintenance
Street Maintenance
No Visible Truck Trailer/Rv/Boat

I assumed it was monthly and it really surprised me at how expensive it is. I just checked another listing in the same community at similar listing price, and it shows $165/mo which seems more like it. This $544.50 may be a mistake then. The area is called Avalon Grove.
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Old 11-11-2017, 05:32 PM
 
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The $544 might the HOA transfer fee, with the $165 being the monthly HOA.
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Old 11-11-2017, 05:37 PM
 
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https://www.redfin.com/AZ/Mesa/2222-.../home/28225063

$181/mo
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