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HOA Score

®

CURRENTLY TRACKING 31,015 HOAS COLLECTING $7,260,017,959 PER YEAR

HOA SCORE

®

5.35

/10

Average

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

Learn More >

Falconwood

Falconwood Condominium Homeowners Association

UNITS

47

MANAGED BY

BUILT

1987

HOA FINANCES

Average

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

Learn More >

IMPACT ON OWNERS

High

The ratio of Monthly Dues to estimated Mortgage payment is high. Any increase in Monthly Dues or Special Assessments may have significant 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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5.35

OUT OF 10.00

Last Update

HOA SCORE

May 26, 2024

®

SCORE BREAKDOWN

FISCAL YEAR ENDING

2022

MONTHLY PAYMENT

VS. SIMILAR ASSOCIATIONS (%)

'-4.45

CURRENT INCREASE (%)

4.41

LAST YEAR INCREASE (%)

0

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
901 Russell Avenue, Unit 109	322049239	06/16/2022
901 Russell Avenue, Unit 202	321053775	06/15/2021
901 Russell Avenue, Unit 218	21728375
901 Russell Avenue, Unit 143	21926250
901 Russell Avenue, Unit 123	21719360
901 Russell Avenue, Unit 107	21719789
901 Russell Avenue, Unit 242	22019713
901 Russell Avenue, Unit 244	22028075
901 Russell Ave #147	322003824
901 Russell Avenue, Unit 139	21929724
901 Russell Avenue, Unit 214	21809848

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