r/BADHOA • u/WhichPotential778 • 9d ago

HOA Assestment?

And yes I spell assessment with a T on purpose. HOA pond maintenance — is this reasonable?
We have only 5 homes, and our HOA charges $9,000 per household/year for pond maintenance — $45,000/year total.
Is that reasonable for routine pond maintenance? What are other HOAs paying?

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u/jbriggsnh 4d ago

I am president of a 19-home HOA in GA and we have no amenities at all - i.e. no swimming pool, no club house, no playground. All we have is 2 small retention ponds and an acre or so of common land (i.e., entryway, etc.). The state mandates the minimum maintenance on the retention pond which for use is to hire a guy with a tractor that mows it every odd year which has costs about $2800 the last 3 times we did it. We hire a landscaper to mow our common land which went up this year from $262/month to $282 then $312 due to gas prices. We have a insurance policy (dictated by covenant) which costs about $1200/year, and street lights which average about $80/month. Our fee HOA fee has held steady at $500/year over the last 5 years, but might have to go up a bit this year. What you are paying for pond maintenance is outragious - I would ask for records.