09/08/2026
People see:
HOA: $325/month.
And think:
“Great.”
Or:
HOA: $850/month.
And think:
“Wow. They must have everything.”
But neither number tells you the whole story.
What are you actually getting?
Is the building maintained?
Are reserves healthy?
Are there upcoming assessments?
Is deferred maintenance piling up?
Are insurance costs driving the fee up?
Are you paying for amenities you never use?
Is the HOA financially responsible?
Are owners selling?
Are multiple units sitting on the market?
A low HOA fee doesn’t automatically mean a good HOA.
And a high HOA fee doesn’t automatically mean a great one.
Sometimes you’re paying less because you’re getting less.
Sometimes you’re paying more because the building costs more to operate.
And sometimes you’re paying more because years of poor decisions are finally catching up.
Don’t just ask what the HOA costs.
Ask what it’s actually doing with your money.
Jason Patel
DRE 02050800
Dream Homes Team | Compass