Benefits of being a HOA member in WOP?
Sense of Community
For many, being a part of a vibrant, neighborly community is what has drawn them to WOP. Part of that is supporting the community, both financially and with your talents, which provides that sense of pride and involvement. Interaction at HOA social events lets you get to know your neighbors more than just the occasional wave passing by.
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Having Your Voice Heard
Having Your Voice Heard—another part of full membership is the ability to express your opinions to the HOA board and vote upon the issues that impact the lives of you and your family. You can become a leader in your community by serving on the HOA Board of Directors.
Safety and Security
We all want a safe neighborhood for our children to play and grow up in. HOA member dues allows us to have our COPS program, additional security measures to be implemented, and communication to the neighborhood to be improved.
Enjoyment of Facilities
the WOP subdivision has a large pool and tennis facility for use by full HOA members. The pool offers a relaxing family getaway on those hot summer days, while the tennis courts have hosted a rich history of league tennis teams, tennis lessons, and the casual players.
An Appealing First Impression
HOA membership dues also support the upkeep and maintenance of our two entrances—the first look that any visitor or potential home buyer gets of our community. Having well- maintained entrances and facilities shows a neighborhood that is vibrant and growing, not one that is stagnant or in decline. It allows WOP to stand out among all the other nearby subdivisions and be the place families want to move to.
Protect Your Home Value
The value of your home is impacted by the condition of the neighborhood, and in particular, the neighborhood recreational facilities. The HOA dues and facilities fees provide the stability for long-term strategic investments to ensure the facilities are maintained and improved.
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Research has shown that there are two trains of thought here: 1) there is a direct influence in the price of the home value, and 2) there is an indirect influence on the market value of a house.
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First, several realtors that serve the Gwinnett County area were asked to see how much difference a well- maintained community pool/tennis facility makes on a home’s value. Their estimates ranged up to as much as 10% additional value. So let's do the math:
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If a WOP member paid the $450 in dues & fees over the life of a 30-year mortgage that amounts to $13,500 over the life of the mortgage. This means that the cost of the facilities fee over 30 years is much less than the increase in the value of the average WOP home.
BOTTOM LINE: It benefits the homeowner to be a member of the WOP facilities to keep them in good shape--even if you don't use them regularly!