Mark Burns is Associate Professor in the Department of Political Science and former Director of the Health Administration Program at Auburn University.
HOA fees are based on a variety of things. The management association bidding to run an HOA determines the hard costs of things like utilities, landscaping, pool maintenance, administrative costs like attorney fees, billing and postage plus any other required overhead.They then add on their profit margin for servicing the account.he management association bidding to run an HOA determines the hard costs of things like utilities, landscaping, pool maintenance, administrative costs like attorney fees, billing and postage plus any other required overhead. They then add on their profit margin for servicing the account.
From what I have found in the Tampa area, HOA dues can run anywhere between $95-$800 per year. Some neighborhoods also have CDD fees in addition to the HOA. It is the CDD fees that really get expensive. The HOA dues for the home we own in Texas run $240 a year. HOA's have strict rules which can be good and bad.