Most gated communities have a Homeowners Association (HOA), which helps maintain the neighborhood and shared amenities. Depending on the community, HOA fees may cover:
HOA fees vary based on the type of home and the amenities included, so look closely at what’s covered, not only the monthly amount.
A Community Development District (CDD) fee helps pay for the roads, utilities, drainage, and other infrastructure built by the developer. Unlike HOA dues, CDD fees usually appear on your annual property tax bill.
A few things to keep in mind:
In golf communities, club memberships are another important cost to understand. Our gated and golf community living guide explains the details, but here’s the difference:
Some clubs also have food and beverage minimums or additional assessments, so it’s important to understand the full picture before buying.
When comparing homes, don’t focus only on the list price. Consider your mortgage, HOA dues, CDD fees, club memberships, insurance, and property taxes together. Two homes with the same purchase price can have very different monthly costs depending on the community.
We’ll help you compare all of these expenses so you know exactly what to expect before making an offer.
