Over the course of the last 2 -3 months I have had multiple conversations with clients and non clients regarding the home owners dues for living in Broadmoor. What I’ve taken away from these conversations is that there’s a gross misconception out there amongst non Broadmoor residents regarding exactly how much per month residents pay in home owners dues. Many of the individuals who I spoke with thought that the dues were anywhere from $500 – $1,000 a month. That’s right, there are people out there who think the HOD’s are $1,000 a month. For residents of the neighborhood who read this, I would advise you to inform your friends what the acctual HOD’s are per month, as there are people who would considering moving into the neighborhood if it weren’t for the misconception.
Below is a breakdown of how the dues are assessed:
Home owners dues are determined based on lot size.
A single lot in Broadmoor is roughly 7,000 Sq Ft on average. *The exact square footage for a lot can vary slightly depending on when it was plotted.*
The dues per month for a single lot are $133.00
A lot and a half would be $199.50
A double lot $266.00
If your lot size was 1.1 or 1.2 or 1.3 or 1.4, etc, the size of a single lot, your home owners dues would reflect that.
The dues cover: 1. Wages paid to security staff. 2. Landscapping. 3. Annual parties.