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Why are HOA fees different in the same complex?
After talking with one of my neighbors, I found out that he and I pay different HOA fees. How can that be? Why are HOA fees different in the same complex?
Rachel Rigolino · Updated on
Reviewed by Shannon Martin, Licensed Insurance Agent.
From your question, it sounds as if your neighbor lives in a property that you assume is very similar to yours. However, if his lot is bigger or his townhouse has a bit more square footage, that may explain the difference.
In addition, fees can depend upon the location of each house, townhouse, or condo within a community. For instance, if your HOA covers lawn maintenance and your townhouse is a corner unit, you may pay a bit more than someone who lives in an interior unit with a smaller yard.
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