Five Reasons a Homeowner’s Association (HOA) is a Huge Benefit for Your Residence

April 12, 2021 5:36 pm

Some of the questions often asked by homeowners in a master-planned community such as MorningStar relate to the homeowner’s association (HOA). “How does it work?” “What does it cost?” “Why do we even have to join?”

The key concept behind an HOA is its role in maintaining the value of the investment of every homeowner in the community. According to this article “A homeowners association, or HOA, administers a contractual agreement among the resident owners in a planned community to abide by a specified set of rules governing the look and usage of homes covered by the agreement. Its purpose is to regulate activities in such a way as to maintain and enhance the value of the properties within the HOA. 

There are, of course, fees to homeowners associated with belonging to an HOA. However, these fees support the common infrastructure of the community, including roads, landscaping, common facilities along with the management and enforcement of the rules to which each homeowner agrees before purchase.

There are several reasons MorningStar, located just north of Austin near Georgetown, has become one of the most desirable communities to live in the entire Central Texas area, and they are all the result of a very effective HOA.

The 5 Benefits of the MorningStar HOA

New homeowners demand superb community amenities. The MorningStar HOA allows for access to a large suite of resort-like amenities. According to this recent post, “Condominiums, single-family residences, and other homes that belong to an HOA often have access to desirable recreational amenities that are hard to come by in other neighborhoods. Walking trails, sports fields, swimming pools, playgrounds, parks, and barbecue pits are just some of the many amenities popular in HOA neighborhoods. If you live in a homeowner’s association, part of your HOA dues support the running and upkeep of these facilities, and you have access to them as a community member.”

The second advantage of belonging to a well-functioning HOA such as that of MorningStar is maintenance and upkeep. “Outside of an HOA, you’re entirely responsible for the upkeep of your amenities, and you will need to source your repairmen and vendors when issues arise. However, in an HOA, amenities such as the pool or gym are well-kept at all times. If you are partnered with a professional community management company, finding a reliable and trusted vendor is extremely easy. They will source, vet, and recommend vendors to your elected Board of Directors. This eliminates the need for random Internet scouring and gives you peace of mind that they’ll do good work that is HOA-approved.” 

This article notes the third benefit of an HOA – stabilized property value. “One of the biggest reasons why residents prefer homes in an HOA is because homeowners’ associations are proven to stabilize home values and prevent domino foreclosures. Having well-kept common areas as well as strict home appearance rules means that property values will be more consistent. There’s no risk of a bad house on the block negatively affecting the rest of the neighborhood’s property value; in fact, this is one of the main reasons that HOAs were established. Protecting the value of your property is why HOA neighborhoods are so desirable and homes in them often sell for more than homes in a non-HOA community.”

Dispute settlement is another critical purpose for an HOA in a master-planned community. Loud parties or constantly barking dogs can be resolved quickly and amicably by the management of the HOA.

Finally, an HOA can help bring a community like MorningStar together. Community social events and holiday parties, which help homeowners get to know their neighbors are planned and executed by the HOA management team. “These activities hosted by community associations encourage resident engagement and help you get to know all of your neighbors in a way that non-HOA homeowners rarely get to do. Fostering a sense of community is a big part of what makes HOA living so enjoyable for so many people. With an HOA there to take care of the big stuff, you can spend more time enjoying your neighbors’ company and sharing fun amenities that encourage socializing.”

Find Out More About the MorningStar HOA

While there is a fee associated with any HOA, including that of MorningStar, the benefits far outweigh the costs. If you are considering building a new home in the glorious Texas Hill Country, near one of the most dynamic business meccas in the world – Austin, Texas – Click here and find out how our HOA can help you spend your time on the important things in life, such as Livin’ easy!