Realty One Group
Your Real Estate Broker should be able to check on the MLS and get the subdivision specific information for you as you find areas you are interested in.
Have a great rest of your week!
When we enter a new listing in our MLS we have to list the amount and how often it is paid.
Each POA here covers a different set of items but most are quite similar. Condo/Townhome are usually more inclusive in what they cover (roofs, exterior paint, deck washing, etc) of course than in a single family neighborhood and thus Condo/Townhome POA's are usually quite a bit higher than in a single family development. Also, amenities might be covered or included in that POA.
Usually here, if you then sell, whatever POA fees you have pre-paid that year into the association for the period of time in which the new owners will be actually be occupying the home, becomes a part of the proceeds you receive back (credited to you) on the closing statement. Your Realtor will provide you with a form that states exactly what your individual POA covers fr the charge. Be sure you get that.
At this point, there does not seem to be any standardization for establishing the fee amounts or the payment schedule. If possible, identify a couple of subdivisions you might like and we can kick the dirt a little to find the details for you.
Would love to help!
Many clients moving to Boise say they don't want to live in a subdivision since they don't want to pay for subdivision fees or abide by their rules. However, even if you split a one acre lot into two half acre lots now, that requires a "subdivision".
Most subdivisions now require common areas, pressurized irrigation (if available), and a storm water retention pond (to keep heavy rain run off out of our storm drains that typically lead into the Boise River). These create potential liability which then requires insurance.
Expect to pay from $0 - $600 a year for HOA fees. Always ask specifically what you get for that money since it varies by community. If you buy a home with a large lot, it is possible you could pay more than $600 for water to the city for irrigation when if that same home had pressurized irrigation from our canal systems, that same amount of water could cost less the $100 a year for unlimited water.
Hope that helps!
If you have any other questions about any home or homeowners association, please let me know.
Other subdivision charge monthly, but they cover exterior maintenance of the home and yards.
HOA fees can be a good thing, if there is coverage for items to make the subdivision more desirable, thereby increasing the likelihood of the sale of your home in the future probable.
Some subdivisions also have community swimming pools.