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HOA SCORE
®
5.45
/10
Average
Monthly Dues will likely increase moderately and risk of Special Assessment is low for the near future.

The Point

The Point in Richmond Homeowners Association
UNITS
MANAGED BY
18
BUILT
1988

HOA FINANCES

Average

Monthly Dues will likely increase moderately and risk of Special Assessment is low for the near future.

IMPACT ON OWNERS

Very High

The ratio of Monthly Dues to estimated Mortgage payment is very high. Any increase in Monthly Dues or Special Assessments may have serious financial impact.

Score Breakdown

What is HOA Score ?

®

It's like a credit score for an HOA... a lower HOA Score® means higher risk of dues increases and special assessments in future.

Derived from HOA financials and MLS Data.

hoa-score-gauge-0.0.png
OUT OF 10.00

Last Update

HOA SCORE

Oct 31, 2023

®

SCORE BREAKDOWN

FISCAL YEAR ENDING

2022

MONTHLY PAYMENT

VS. SIMILAR ASSOCIATIONS (%)

7.63

CURRENT INCREASE (%)

7.94

LAST YEAR INCREASE (%)

7.94

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