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HOA Score

®

CURRENTLY TRACKING 28,963 HOAS COLLECTING $6,138,614,984 PER YEAR

HOA SCORE

®

6.43

/10

Good

Monthly Dues may increase slightly and risk of Special Assessment is low.

Learn More >

Barbados Condominiums

Barbados Condominium Homeowners Association

UNITS

20

MANAGED BY

BUILT

1968

HOA FINANCES

Good

Monthly Dues may increase slightly and risk of Special Assessment is low.

Learn More >

IMPACT ON OWNERS

Low

The ratio of Monthly Dues to estimated Mortgage Payment is low. Any increase in Monthly Dues or Special Assessments should have low financial impact.

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.

what-is-hoa-score

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6.43

OUT OF 10.00

Last Update

HOA SCORE

May 12, 2023

®

SCORE BREAKDOWN

FISCAL YEAR ENDING

2022

MONTHLY PAYMENT

VS. SIMILAR ASSOCIATIONS (%)

'-7.26

CURRENT INCREASE (%)

0.43

LAST YEAR INCREASE (%)

0.43

BUDGETING

CURRENT INCREASE

LAST YEAR INCREASE

AVG. YEARLY INCREASE

SPENDING

LAST YEAR VS. BUDGET

PREVIOUS YEAR VS. BUDGET

RESERVE FUNDING

PERCENT FUNDED

FOLLOWING FUNDING PLAN

CONTRIBUTION INCREASE

DATA SOURCES

ADDRESS	MLS	DATE
538 Avenue A, Unit 11A	22-120395	01/29/2022
538 Avenue A, Unit 2	SB21018007	01/26/2021
538 Avenue A, Unit 4	SB20226646	10/28/2020
538 Avenue A, Unit 5	20-643334	10/07/2020
538 Avenue A, Unit 3-A	PW20022838	02/01/2020
538 Avenue A, Unit 15A	S121376

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