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.
HOA Facts. Each HOA, a volunteer group of neighbors who manage common areas and community property, creates its own covenants, conditions, and restrictions (CC&Rs). These CC&Rs cover: Average annual dues for a homeowners association is $396, according to the U.S. Census Bureau. And thereâs value in the fee. A 2005 study, which appeared in the Cato Instituteâs âRegulationâ magazine, compared a group of Washington, D.C., area HOA properties with similar homes without community benefits â a total of about 12,000 homes.