Daufuskie Island has three privately owned communities that charge POA Fees or HOA fees in place to keep them running. As a result, every resident pays a fee toward the community up-keep. Monies collected go toward everything from community maintenance, security, roads, staffing, and other amenities like bike paths and community pools (when applicable and community depending).
Daufuskie Island HOA Fees | POA Fees
DAUFUSKIE ISLAND HOA FEES | POA FEES
| COMMUNITY | HOA FEE | ADDITIONAL FEES |
| Cedar Cove | $2,000 | |
| Bloody Point – Homes | $1,380 | |
| Bloody Point – Lots | $1,150 | |
| Haig Point | $20,745 + Membership | Transfer Fee: 1% of sale price | Initiation fee: $65,000 |
| Melrose – Homes | $1,100 | |
| Melrose – Lots | $900 | |
| Oak Ridge | $800 |
Additional fees may apply in certain neighborhoods. HOA Fees | POA Fees are subject to change without notice.
Understanding POA and HOA Fees on Daufuskie Island
Daufuskie Island is home to three exclusive, privately-owned communities, each requiring Property Owners Association (POA) or Homeowners Association (HOA) fees. These fees are crucial for maintaining the high standards and quality of life in these neighborhoods. Every resident contributes to these fees, which are used for various essential purposes:
- Community Maintenance: The fees ensure that common areas, landscaping, and infrastructure are regularly maintained, enhancing the neighborhood’s overall appeal.
- Security: The collected funds help provide security measures, ensuring a safe living environment for all residents.
- Road Upkeep: These fees contribute to the maintenance and repair of community roads, ensuring smooth and safe travel within the neighborhoods.
- Staffing and Services: The fees support essential staffing for administrative tasks and community management, ensuring efficient operations and resident satisfaction.
- Amenities: These funds also cover the upkeep of amenities like bike paths and community pools, where available, adding to the quality of life for residents.
By paying these POA or HOA fees, residents of Daufuskie Island ensure their communities remain well-maintained, secure, and vibrant, making this unique island a highly desirable place to live.
Daufuskie Island HOA, POA, and Community Fees
When owning property within a private community on Daufuskie Island, it’s important to understand the various fees involved, such as HOA (Homeowner’s Association) or POA (Property Owner’s Association) fees. These fees cover the community’s annual operating budget, with amounts varying between improved and unimproved properties. Improved properties are lots with homes built on them, while unimproved properties are undeveloped lots.
Enhancement Fees, Capital Improvement Fees, and Special Assessments
In addition to regular fees, there are also Capital Improvement Fees, Enhancement Fees, and Special Assessments. These extra payments fund community projects and improvements, such as constructing a new clubhouse or major renovations. Typically, Capital Improvement Fees are a one-time charge for new homeowners. Enhancement Fees or Special Assessments are usually temporary and authorized by the board for specific projects.
Initiation, Processing, and Administrative Fees
An initiation fee is charged to the buyer of a property to cover administrative costs associated with the transaction.
Transfer Fees
When a property is sold, a transfer fee (also known as a reconveyance fee, recovery fee, capital recovery fee, or resale fee) may be charged to the seller. This fee is imposed by developers, towns, or HOAs/POAs at the time of closing. It remains attached to the property as a covenant, affecting future buyers as well.
Membership Fees
Many communities offer optional or mandatory memberships for amenities such as golf, tennis, clubs, or social activities. These memberships provide access to exclusive facilities and services, enhancing the living experience. Some communities require the purchase of a membership, while others offer it as an option.
Important Note
POA and HOA fees are estimates and may change with or without notice. For the most accurate and up-to-date information, please contact the respective POA or HOA association directly.
By understanding these various fees, prospective property owners on Daufuskie Island can make informed decisions and enjoy the benefits of living in a well-maintained, vibrant community.
Hilton Head FAQs.
Is Hilton Head a wealthy area?
The per capita income in Hilton Head Island in 2018 was $56,942, which is wealthy relative to South Carolina and the nation. This equates to an annual income of $227,768 for a family of four. However, Hilton Head Island contains both very wealthy and poor people as well.
Is Hilton Head a good place to retire?
No question Hilton Head is one of the best places to retire, with gated communities, beachfront villas, and luxury homes to choose from, but it’s far more than a retirement community beneath a beautifully-preserved tree canopy. It’s also a world-class golf destination, a biker’s paradise, and a beach comber’s dream. Apr 30, 2020
Is Hilton Head an expensive place to live?
Hilton Head’s cost of living is the highest in state, according to the annual cost-of-living index developed by the Council for Community and Economic Research and compiled by the S.C. Department of Commerce
How much does it cost to live in Hilton Head Plantation?
Nearly 4,000 acres of fantastic homes, recreational opportunities and amenities, and ample opportunity to find a place to call home is why Hilton Head Plantation may be the best place for you and your family.
One-time transfer fee: 1/4 of 1% of sale price (capped at $6288.40)
Improved: $1,276 / year
Unimproved: $766 / year
What is Hilton Head Island known for?
Hilton Head Island is justifiably famous for its incredible beaches and its world-class golf courses. It’s regularly voted one of the best vacation destinations in the world.
Is it better to live in Hilton Head or Bluffton?
Daufuskie Island real estate.
Your move.
Novellus Realty (www.novellusrealty.com) is an expert when it comes to Daufuskie Island, especially the following items listed below:
- Property owners association fees
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Novellus Realty can answer all your questions concerning:
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- What are Hilton Head HOA fees?
What’s the Difference?
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- Your Fees Cover | POA HOA Fees
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- Lowcountry Neighborhoods Please
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Daufuskie Island Homes For Sale:
- Daufuskie Island HOA Fees
- Daufuskie Island POA Fees
- Community HOA Fees
- Community POA Fees
Daufuskie Island real estate & Daufuskie Island Community Fees:
- Daufuskie Island HOA Fees
- Daufuskie Island POA Fees
Haig Point Community Fees:
- Haig Point HOA Fees
- Haig Point POA Fees
- Haig Point real estate
Melrose Community Fees:
- Melrose HOA Fees
- Melrose POA Fees
- Melrose real estate
Bloody Point Community Fees:
- Bloody Point HOA Fees
- Bloody Point POA Fees
- Bloody Point real estate
Cedar Cove Community Fees:
- Cedar Cove HOA Fees
- Cedar Cove POA Fees
- Cedar Cove real estate
Oak Ridge Community Fees:
- Oak Ridge HOA Fees
- Oak Ridge POA Fees
- Oak Ridge real estate
