HOA fees may vary wildly between communities. The cost typically depends on the type of home you live in and the range of services and amenities the HOA offers. The more included, the higher the fees. For example, suppose your HOA covers snow removal and landscaping as well as maintenance for a fitness center, community clubhouse, tennis court, and pool. In that case, you’ll likely pay more than someone with an HOA that only provides security and some lawn care.
Fees can be under $100 or exceed past $1,000. However, though, they usually sit around $200 to $300 per month.
It’s also possible for HOA fees to change with time. Factors such as inflation, fines, or special assessments (unplanned charged for renovations) can lead to increased costs for residents.