With the rapid growth of the Rutherford county population, new single family home communities that have HOAs in Murfreesboro have been rising. This trend is expected to continue as more people move to the area from Nashville and beyond.

The question is, “Why do all of the new subdivisions in Murfreesboro have HOAs?”

Why So Many HOAs in Murfreesboro Used for New Construction

The short answer to “why” is that local governments in Rutherford County and Murfreesboro require it.

When a new community is built, there is a lot of infrastructure needed. Things like, storm drains, sewer lines, sidewalks and roads are a few examples. Initially the developer creates this infrastructure. While many of those items are eventually maintained by the city, things like retention ponds and green spaces are not.

Essentially, someone needs to own the retention pond so the city can hold them accountable to maintain it. Thus, HOAs became the norm in Murfreesboro and all of Rutherford county.

What do Homeowners Associations do, other than cut the grass?

While the requirements of the Murfreesboro Codes Department on HOAs may be somewhat limited, simply having an Association creates another set of corporate expenses.

The Homeowners Association is a non-profit corporation and subject to all of the corporate filing requirements and other laws that apply to other non-profits.

One such expense is insurance. While there might not be physical assets owned by the community, liability insurance is still required. Additionally, if maintenance staff are direct hires, workers comp insurance is needed as well.

Corporate records, such as financials, Board Minutes, and annual corporate filings have to be maintained. Most volunteer Board members do not want that responsibility or the liability that comes with it. Thus, most HOAs in Murfreesboro hire a management company.

While all these expenses can add up, for most single family home communities it pays off in the end.

How HOAs in Murfreesboro benefit you

Well governed HOAs help to protect your property values. Homes in HOA communities often maintain higher property values due to the consistency in upkeep and the regulation of community aesthetics. This can make homes in HOA-regulated areas more attractive to buyers.

I’ll go more into my thoughts on the application of Rules and Regulations in another post, but the short version is that it usually isn’t necessary to adopt strict rules. That said, some architectural limits are important both to resale values, and the sanity of Neighbors.

That’s part of the reason it’s important to find the right manager for your Murfreesboro HOA.

Using Professional Managers for HOAs in Murfreesboro

As new construction continues and as existing HOAs look for the best community experience, more neighborhoods are likely to look for a more personalized HOA management experience.

Homeowners Association (HOA) management companies provide a wide range of services to help manage and maintain residential communities. These companies play a critical role in ensuring that an HOA functions efficiently, enforces community rules, and maintains the overall appearance and well-being of the neighborhood.

Apex Ventures Property Management has been serving the Nashville area for over forty years. Call us at 615.255.2703 to learn more about how we can serve HOAs in Murfreesboro.