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HOA Score

®

CURRENTLY TRACKING 33,549 HOAS COLLECTING $7,339,750,263 PER YEAR

HOA SCORE

®

5.45

/10

Average

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

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Spring Canyon

Spring Canyon Homeowners Association

UNITS

72

MANAGED BY

BUILT

1986

HOA FINANCES

Average

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

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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.

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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5.45

OUT OF 10.00

Last Update

HOA SCORE

Oct 31, 2023

®

SCORE BREAKDOWN

FISCAL YEAR ENDING

2021

MONTHLY PAYMENT

VS. SIMILAR ASSOCIATIONS (%)

7.95

CURRENT INCREASE (%)

0

LAST YEAR INCREASE (%)

9.59

BUDGETING

CURRENT INCREASE

LAST YEAR INCREASE

AVG. YEARLY INCREASE

SPENDING

LAST YEAR VS. BUDGET

PREVIOUS YEAR VS. BUDGET

RESERVES

PERCENT FUNDED

FOLLOWING FUNDING PLAN

CONTRIBUTION INCREASE

DATA SOURCES

ADDRESS	MLS	DATE
8745 Spring Canyon Drive, Unit 16	PTP2202396	04/11/2022
8715 Spring Canyon Drive	PTP2201505	03/09/2022
8832 Spring Canyon Drive	210029886	10/25/2021
8714 Spring Canyon Drive	PTP2107288	10/17/2021
8775 Spring Canyon Drive	200048850	10/14/2020
8701 Spring Canyon Drive	200039038	08/12/2020
8731 Spring Canyon Drive	200006298	02/01/2020
8709 Spring Canyon Drive	190052859	09/24/2019
8864 Spring Canyon Drive	180062788	11/10/2018
8765 Spring Canyon Drive	170049360	09/13/2017
8715 Spring Canyon Drive	110037353	06/27/2011

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