As a condominium community, a homeowner’s association will be formed to oversee and administer the business of the community and cover many of the typical costs of home ownership. An estimate of the monthly HOA dues are detailed below. The exact amount of dues for each unit will vary slightly based upon the size of each unit and will be detailed in the final HOA documents.
| • | Studio | $470 |
| • | 1 Bedroom | $510 |
| • | 2 Bedroom | $575 |
| • | 3 Bedroom | $640 |
| • | 4 Bedroom | $660 |
These fees will include HOA property management costs, water, sewer, common utilities, trash/recycling, insurance for the base-building (“wall studs out”), seasonal snow removal, year-round maintenance of common areas (community rooms, hallways, podium and surface parking, landscaping), and capital reserve fund assessments.
Each home will receive a separate electric bill. Internet service will be provided by Comcast and separately billed to each home. Owners will also need to pay their individual real estate property taxes as well as insurance for the interior areas of their home (“drywall in”).