When buying a home in a newer community, you could be paying a Home Owners Association Fee.
Many of Calgary’s newer communities have Home Owners Association Fees or what's more commonly known as HOA fees. When you purchase a property in communities, like Auburn Bay, Mahogany, Springbank Hill or West Springs, you pay an annual fee to the community association which goes towards the maintenance of community amenities such as lakes, spray parks, tennis courts and outdoor skating rinks, to name a few.
Part of the appeal of these newer Calgary communities is that they are well looked after, with gardens or waterfalls welcoming you to the neighbourhood. So how are these great features taken care of? By Home Owners Association Fees.
1. What do HOA fees…
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