Association fee poll

DBreskin · 08-10-2022, 06:12 AM

The 30 homes in my Wolfeboro community have an owners’ association. The annual $800 assessment is primarily for maintenance and repair of the one mile of private road (plowing, repaving, etc). The assessment hasn’t changed in 20 years.

Some owners are unhappy about the assessment. They believe it is costlier than in neighboring communities, and for fewer services.

I’d like to be able to compare our assessment with other Wolfeboro communities. Can anyone in this forum share the monthly/annual costs for other associations?

rsmlp · 08-10-2022, 06:22 AM

Quote:

Originally Posted by DBreskin

The 30 homes in my Wolfeboro community have an owners’ association. The annual $800 assessment is primarily for maintenance and repair of the one mile of private road (plowing, repaving, etc). The assessment hasn’t changed in 20 years.

Some owners are unhappy about the assessment. They believe it is costlier than in neighboring communities, and for fewer services.

I’d like to be able to compare our assessment with other Wolfeboro communities. Can anyone in this forum share the monthly/annual costs for other associations?

$1400 in moultonboro

joey2665 · 08-10-2022, 06:34 AM

Quote:

Originally Posted by DBreskin

The 30 homes in my Wolfeboro community have an owners’ association. The annual $800 assessment is primarily for maintenance and repair of the one mile of private road (plowing, repaving, etc). The assessment hasn’t changed in 20 years.

Some owners are unhappy about the assessment. They believe it is costlier than in neighboring communities, and for fewer services.

I’d like to be able to compare our assessment with other Wolfeboro communities. Can anyone in this forum share the monthly/annual costs for other associations?

Hard to compare as amenities differ so much from HOA to HOA. but I cal tell you that 800.00 per year to maintain a one mile road including plowing repair and repaving is extremely reasonable.

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thinkxingu · 08-10-2022, 06:38 AM

Are you looking for year-round home associations or seasonal, too?

Arcadia will be $18xx next year, but that includes all roads; 6 bathhouses/laundry rooms; a rec hall; tennis, pickleball, and basketball courts; playground; etc. etc.

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DBreskin · 08-10-2022, 07:24 AM

Quote:

Originally Posted by thinkxingu

Are you looking for year-round home associations or seasonal, too?

I’m not sure that matters in our case. All but 3 of the homes in our community are year-round permanent residents.

DBreskin · 08-10-2022, 07:28 AM

Quote:

Originally Posted by rsmlp

$1400 in moultonboro

I assume that’s an annual assessment. What services does it include?

DBreskin · 08-10-2022, 07:37 AM

Quote:

Originally Posted by joey2665

Hard to compare as amenities differ so much from HOA to HOA. but I cal tell you that 800.00 per year to maintain a one mile road including plowing repair and repaving is extremely reasonable.

Additionally, the road is steep. It rises about 300 feet along its length, with short sections up to 25 degree incline.

joey2665 · 08-10-2022, 07:56 AM

Quote:

Originally Posted by DBreskin

Additionally, the road is steep. It rises about 300 feet along its length, with short sections up to 25 degree incline.

Then the owners that don’t like the charge should actually feel very fortunate. That is a true bargain.

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sawyerpoint · 08-10-2022, 02:56 PM

#31 homes in Sawyerpoint Assoc with 3 miles of dirt roads Cost for road maintenance and plowing js $385

camp guy · 08-10-2022, 04:47 PM

31 x $385. = $11935.00. What does this annual money pay for?, and what happens if the actual expenses exceed the annual income? IMHO, this seems low for total maintenance. Also, what happens to any accumulated excess over time?

Tufty4me · 08-10-2022, 05:28 PM

We are in Tuftonboro.
Approximately 1.5 miles of packed gravel roads.
Our annual HOA is $500.
Includes road maintenance/plowing and property maintenance of common areas (mowing, leaf blowing, trimming).
HOA still under construction, many trucks requiring grading of road surface
and filling of potholes.
50+ home sites, 21 full-time residents, 5 part-time, 25 under construction,
3 lots available.

Descant · 08-19-2022, 11:27 AM

Am I correct that the HOA road assessment includes a sum for property taxes? Different in each town? How much goes into reserve fund for major rebuild/reconstruction? Seems like in smaller associations a larger percent would have to go to reserves.

neckdweller · 08-22-2022, 02:55 PM

Half mile private dirt road in Moultonboro. 13 homes and it's $300-$350 per year. That pays for post mud season road maintenance and may or may not have to include some other small stuff like tree work. Plowing is done by the town.

DBreskin · 08-22-2022, 03:58 PM

Quote:

Originally Posted by Descant

Am I correct that the HOA road assessment includes a sum for property taxes? Different in each town? How much goes into reserve fund for major rebuild/reconstruction? Seems like in smaller associations a larger percent would have to go to reserves.

Our assessment does not include property taxes; those are assessed by the town separately for each owner with their individual property taxes.
We try to put 10% of the income toward reserve each year.

BoatHouse · 08-23-2022, 05:49 PM

Small 9 home community with ¼ mile road, beach, docks and moorings. $400 per year. $150 for annual expenses and $250 for reserve fund.

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08-10-2022, 06:12 AM	#1
DBreskin Senior Member Join Date: Feb 2010 Location: Wolfeboro NH Posts: 283 Thanks: 143 Thanked 121 Times in 76 Posts	Association fee poll The 30 homes in my Wolfeboro community have an owners’ association. The annual $800 assessment is primarily for maintenance and repair of the one mile of private road (plowing, repaving, etc). The assessment hasn’t changed in 20 years. Some owners are unhappy about the assessment. They believe it is costlier than in neighboring communities, and for fewer services. I’d like to be able to compare our assessment with other Wolfeboro communities. Can anyone in this forum share the monthly/annual costs for other associations?

08-10-2022, 04:47 PM	#10
camp guy Senior Member Join Date: Apr 2004 Location: formerly Winter Harbor, still Wolfeboro Posts: 1,182 Thanks: 299 Thanked 525 Times in 293 Posts	Association fees 31 x $385. = $11935.00. What does this annual money pay for?, and what happens if the actual expenses exceed the annual income? IMHO, this seems low for total maintenance. Also, what happens to any accumulated excess over time?

08-10-2022, 05:28 PM	#11
Tufty4me Junior Member Join Date: Nov 2013 Location: N Central MA Posts: 5 Thanks: 4 Thanked 2 Times in 1 Post	Association Fees We are in Tuftonboro. Approximately 1.5 miles of packed gravel roads. Our annual HOA is $500. Includes road maintenance/plowing and property maintenance of common areas (mowing, leaf blowing, trimming). HOA still under construction, many trucks requiring grading of road surface and filling of potholes. 50+ home sites, 21 full-time residents, 5 part-time, 25 under construction, 3 lots available.

08-10-2022, 06:38 AM	#4
thinkxingu Senior Member Join Date: Jul 2014 Posts: 6,229 Thanks: 1,171 Thanked 2,055 Times in 1,275 Posts	Are you looking for year-round home associations or seasonal, too? Arcadia will be $18xx next year, but that includes all roads; 6 bathhouses/laundry rooms; a rec hall; tennis, pickleball, and basketball courts; playground; etc. etc. Sent from my SM-G990U1 using Tapatalk

The Following User Says Thank You to DBreskin For This Useful Post:
joey2665 (08-10-2022)

The Following User Says Thank You to joey2665 For This Useful Post:
DBreskin (08-10-2022)

08-10-2022, 02:56 PM	#9
sawyerpoint Junior Member Join Date: Nov 2020 Posts: 8 Thanks: 0 Thanked 6 Times in 3 Posts	#31 homes in Sawyerpoint Assoc with 3 miles of dirt roads Cost for road maintenance and plowing js $385

The Following 2 Users Say Thank You to Tufty4me For This Useful Post:
AltonCAM (08-26-2022), stingray (08-26-2022)

08-19-2022, 11:27 AM	#12
Descant Senior Member Join Date: Mar 2006 Location: Merrimack and Welch Island Posts: 4,352 Thanks: 1,342 Thanked 1,623 Times in 1,055 Posts	Am I correct that the HOA road assessment includes a sum for property taxes? Different in each town? How much goes into reserve fund for major rebuild/reconstruction? Seems like in smaller associations a larger percent would have to go to reserves.

08-22-2022, 02:55 PM	#13
neckdweller Senior Member Join Date: Apr 2008 Location: Moultonborough & Southern NH Posts: 133 Thanks: 6 Thanked 37 Times in 18 Posts	Half mile private dirt road in Moultonboro. 13 homes and it's $300-$350 per year. That pays for post mud season road maintenance and may or may not have to include some other small stuff like tree work. Plowing is done by the town.

The Following User Says Thank You to DBreskin For This Useful Post:
Descant (08-22-2022)

08-23-2022, 05:49 PM	#15
BoatHouse Senior Member Join Date: Nov 2017 Posts: 123 Thanks: 243 Thanked 46 Times in 26 Posts	Small 9 home community with ¼ mile road, beach, docks and moorings. $400 per year. $150 for annual expenses and $250 for reserve fund. Sent from my iPhone using Winnipesaukee Forum mobile app