Is Living with a Home Owner’s Association Right for You?

Did you know 70% of residents living in a community with Home Owner’s Association (HOA) are satisfied living with its rules and regulations? ( source IBOPE Zogby International). The same survey showed 81% of association residents consider their association assessment as good or great and 76% say the dues enhance property value.

Many buyers may think it is just another monthly payment and avoid these neighborhoods. Some buyers may view HOAs as restricting because they may control the color that your paint your house or the type of landscape you can have, but in actuality, these regulations often protect the value of your home. In reality, most buyers are missing the big picture of how HOA fees can benefit them.

One of the most attractive benefits to HOA fees are the amenities. Some communities offer  clubhouses, libraries,  gyms, tennis courts, basketball courts, parks or other attractive amenities that are paid for through HOA fees. Residents have access to amenities without the hassle of maintenance, the HOA does it for you. Home owner dues can vary greatly from neighborhood to neighborhood and the specifics of what they cover.

The largest HOA in Anacortes is Skyline which is located on the west end of Fidalgo Island. Tug Boat Park, Skyline Beach Club, waterside cabana, tennis courts, and play areas are just some of the amenities of Skyline.

Skyline Marina is not part of the HOA, but is a great benefit as it allows you to launch your boat close by or  have it in the water in your backyard!

Here is an example of a current listed home in Skyline with its own private dock.

2013 Cove Place

Private double sided dock right on your back patio.

Spacious one level custom waterfront home offers a rare 92’+/- DOUBLE SIDED PRIVATE deep water DOCK built 2008. 3 bedrooms plus den. Almost 3100 sf. MLS# 692599

We only mentioned basic benefits of an HOA, each neighborhood has unique coverage included in their fees and their own fee rates. Some communities may offer all of these benefits, while others may offer only a few. It is important when looking to purchase a home with HOA to consider what all is included in the fees. Ask your agent about the community and the fees, make sure the neighborhood is a right fit for you and your family.

If you would like more information about Anacortes Real Estate, Anacortes Homes for Sale or if you are wondering what your Anacortes home is worth, please contact Jean Groesbeck at 360-941-3734 or email Jean@JeanGroesbeck.com