Monthly Dues (Utilities vs Maintenance)
Many co-owners and potential buyers do not understand the effects of having all utilities included in the monthly HOA dues. This chart breaks out how much of the monthly dues go toward utilities* and how much are truly used for maintenance and operational costs. For example, line one of the chart depicts owners of 1 bedroom condos pay $255 for monthly dues. Of that $255, a monthly average of $148 goes toward utilities. That leaves $107 for of their monthly dues for maintenance and operational costs. This information should make it easier to compare Harrodsburg Square HOA dues with those condominium complexes that do not operate on a common utility structure.
* Utilities = Gas, Electric, Water, Sewer, Trash, Surveillance Sysem, and Fire Alarm System Phones