There are lots of Homeowners Associations (HOAs) in Allen. Each HOA has it's own purpose, but most are formed to keep common areas, yards, homes and neighborhood amenities in good order. For the purposes of this comparison, we'll be looking at those HOAs that at least have community pools (some HOAs have no common areas to maintain). These HOAs tend to have annual dues ranging anywhere from a few hundred dollars a year to almost $1,000 per household. There are various factors, but HOA dues tend to be greater in communities with more amenities. While the average HOA dues in Allen are around $450 per year, the average HOA doesn't have much more than a community pool in terms of amenities (plus maybe one other like a park, pond or jogging trail). Luckily for the Residents of Lost Creek Ranch, we have very average dues (at around $436 per year), but our amenities are anything but average. Just look at the above-average list of amenities we have to be proud of for our very average dues:
- Community pool
- Community playground (next to pool)
- Private park (on Prairie View Drive)
- Not just one, but three ponds with fountains
- Not just one, but two jogging trails (one along creek and one around the ponds and fountains)
- Community events like the Fall Festival, Spring Carnival, Holiday light & décor contests, etc.
I sell a LOT of homes in MANY of different communities all over Allen and even in McKinney, Plano, Frisco and beyond. However, when I'm asked about great communities with great amenities, Lost Creek Ranch has always been at the top of my list. That's one of the reasons I chose to make LCR my home and why I've always been so involved here. Most communities with the same amenities are paying at least $500-$600 per year. Our large number of homeowners, and budget-conscious board, have keep our dues very reasonable in comparison.
Ryan Cave, The "Caveman"
Truth, Honor & Personal Integrity
214-789-9366
www.CaveRealty.com
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