Doesn living in a common interest community cost more with the dues?
There are property tax savings that offset a significant portion of the homeowner association dues. The property owners association owns the lakeshore and amenities. Each property owner has a proportional interest in the homeowners association. The assessed value on your home is less since you don’t directly own the lakeshore. The amount of the savings will vary depending on each situation, but can be hundreds of dollars annually.
