Go Back   Winnipesaukee Forum > Winnipesaukee Forums > General Discussion
Home Forums Gallery Blogs YouTube Channel Classifieds Calendar Register FAQDonate Members List Search Today's Posts Mark Forums Read

Reply
 
Thread Tools Display Modes
Old 08-10-2022, 07:12 AM   #1
DBreskin
Senior Member
 
Join Date: Feb 2010
Location: Wolfeboro NH
Posts: 274
Thanks: 143
Thanked 119 Times in 74 Posts
Default 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?
DBreskin is offline   Reply With Quote
Old 08-10-2022, 07:22 AM   #2
rsmlp
Senior Member
 
Join Date: May 2005
Posts: 449
Thanks: 5
Thanked 156 Times in 77 Posts
Default in moultonboro

Quote:
Originally Posted by DBreskin View Post
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
rsmlp is offline   Reply With Quote
Old 08-10-2022, 07:34 AM   #3
joey2665
Senior Member
 
joey2665's Avatar
 
Join Date: Sep 2008
Location: Meredith Bay & LI, NY
Posts: 3,185
Thanks: 1,143
Thanked 990 Times in 638 Posts
Default Association fee poll

Quote:
Originally Posted by DBreskin View Post
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.


Sent from my iPhone using Winnipesaukee Forum mobile app
joey2665 is online now   Reply With Quote
Old 08-10-2022, 07:38 AM   #4
thinkxingu
Senior Member
 
thinkxingu's Avatar
 
Join Date: Jul 2014
Posts: 5,355
Thanks: 1,115
Thanked 1,736 Times in 1,064 Posts
Default

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
thinkxingu is offline   Reply With Quote
Old 08-10-2022, 08:24 AM   #5
DBreskin
Senior Member
 
Join Date: Feb 2010
Location: Wolfeboro NH
Posts: 274
Thanks: 143
Thanked 119 Times in 74 Posts
Default

Quote:
Originally Posted by thinkxingu View Post
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 is offline   Reply With Quote
Sponsored Links
Old 08-10-2022, 08:28 AM   #6
DBreskin
Senior Member
 
Join Date: Feb 2010
Location: Wolfeboro NH
Posts: 274
Thanks: 143
Thanked 119 Times in 74 Posts
Default

Quote:
Originally Posted by rsmlp View Post
$1400 in moultonboro

I assume that’s an annual assessment. What services does it include?
DBreskin is offline   Reply With Quote
Old 08-10-2022, 08:37 AM   #7
DBreskin
Senior Member
 
Join Date: Feb 2010
Location: Wolfeboro NH
Posts: 274
Thanks: 143
Thanked 119 Times in 74 Posts
Default

Quote:
Originally Posted by joey2665 View Post
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.
DBreskin is offline   Reply With Quote
The Following User Says Thank You to DBreskin For This Useful Post:
joey2665 (08-10-2022)
Old 08-10-2022, 08:56 AM   #8
joey2665
Senior Member
 
joey2665's Avatar
 
Join Date: Sep 2008
Location: Meredith Bay & LI, NY
Posts: 3,185
Thanks: 1,143
Thanked 990 Times in 638 Posts
Default

Quote:
Originally Posted by DBreskin View Post
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.


Sent from my iPhone using Winnipesaukee Forum mobile app
joey2665 is online now   Reply With Quote
The Following User Says Thank You to joey2665 For This Useful Post:
DBreskin (08-10-2022)
Old 08-10-2022, 03:56 PM   #9
sawyerpoint
Junior Member
 
Join Date: Nov 2020
Posts: 8
Thanks: 0
Thanked 6 Times in 3 Posts
Default

#31 homes in Sawyerpoint Assoc with 3 miles of dirt roads Cost for road maintenance and plowing js $385
sawyerpoint is offline   Reply With Quote
Old 08-10-2022, 05:47 PM   #10
camp guy
Senior Member
 
camp guy's Avatar
 
Join Date: Apr 2004
Location: formerly Winter Harbor, still Wolfeboro
Posts: 1,028
Thanks: 252
Thanked 397 Times in 238 Posts
Default 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?
camp guy is offline   Reply With Quote
Old 08-10-2022, 06:28 PM   #11
Tufty4me
Junior Member
 
Join Date: Nov 2013
Location: N Central MA
Posts: 5
Thanks: 2
Thanked 2 Times in 1 Post
Default 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.
Tufty4me is offline   Reply With Quote
The Following 2 Users Say Thank You to Tufty4me For This Useful Post:
AltonCAM (08-26-2022), stingray (08-26-2022)
Old 08-19-2022, 12:27 PM   #12
Descant
Senior Member
 
Join Date: Mar 2006
Location: Merrimack and Welch Island
Posts: 3,475
Thanks: 1,013
Thanked 1,313 Times in 843 Posts
Default

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.
Descant is online now   Reply With Quote
Old 08-22-2022, 03:55 PM   #13
neckdweller
Senior Member
 
Join Date: Apr 2008
Location: Moultonborough & Southern NH
Posts: 127
Thanks: 6
Thanked 32 Times in 16 Posts
Default

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.
neckdweller is offline   Reply With Quote
Old 08-22-2022, 04:58 PM   #14
DBreskin
Senior Member
 
Join Date: Feb 2010
Location: Wolfeboro NH
Posts: 274
Thanks: 143
Thanked 119 Times in 74 Posts
Default

Quote:
Originally Posted by Descant View Post
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.
DBreskin is offline   Reply With Quote
The Following User Says Thank You to DBreskin For This Useful Post:
Descant (08-22-2022)
Old 08-23-2022, 06:49 PM   #15
BoatHouse
Senior Member
 
Join Date: Nov 2017
Posts: 118
Thanks: 224
Thanked 44 Times in 25 Posts
Default

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
BoatHouse is offline   Reply With Quote
Reply

Bookmarks

Thread Tools
Display Modes

Posting Rules
You may not post new threads
You may not post replies
You may not post attachments
You may not edit your posts

BB code is On
Smilies are On
[IMG] code is On
HTML code is On

Forum Jump


All times are GMT -4. The time now is 05:29 PM.


Powered by vBulletin® Version 3.8.11
Copyright ©2000 - 2022, vBulletin Solutions Inc.

This page was generated in 0.34065 seconds