Optional $1,500 activity fee or pay per activity. In the past three years, at least 10 communities have raised their fees more than the 14% rate of inflation during that period, according to a survey by The Island Packet and Beaufort Gazette. Sometimes communities have limits on how much theyll go up, but they can almost always be overridden by communities, making it uncertain how much homeowners might be paying in the future. $3000 Capital Reserve Fee (CRF) for homes and two payments of $1500 for lots, one as a down payment and one when home construction commences. handicap, familial status, or national origin. Golden Bear: $2281; The Golf Club: $2281; Broad Pointe: $3675; River Club: $3719. If they couldnt pay I would advise a client to go to the management to tell them that theyre having a cash flow issue, and work out some kind of payment plan, Olivetti said. Villa homes have an additional one-time initial regime fee equal to two months of the regime fee at $252 per month and a $35.00 processing fee. Some neighborhoods may also charge for required landscaping maintenance. All area measurements and calculations are approximate and should be independently verified. Should I renovate before selling my home? The communitys annual fees increased at least 26% from $8,869 in 2021 to at least $11,210 this year. One-time capital contribution fee of $2000. Food and beverage minimum for all properties is $1,500 annually. It is illegal to discriminate against any person because of race, color, religion, sex Comm. $1,456 annually. Some communities with a club restaurant require a minimum food and beverage purchase. Oldfields annual fee is $10,744, which increased about 19% from $9,030 in 2021. A national gauge of prices increased 0.5% in April from March, according to seasonally adjusted data from S&P CoreLogic Case-Shiller. One-time transfer fee of $4,000. It begs the question of how potential buyers can get an idea of what fees could be in the future before making a financial commitment to a private community. Optional $1,500 activity fee or pay per activity. Carriage Homes have additional one-time initial maintenance fee equal to two months of the exterior landscape maintenance fee of $95 per month. The plantation is home to approximately 500 families, who enjoy access to a variety of amenities, including a golf course, tennis courts, and a club house. Single family residence; Built in 1987; Central, electric . New Townhomes: $2820 annually OR $235/month. Some neigborhoods may also charge for required landscaping maintenance. These fees pay for a multitude of amenities offers specifically by the club. Hilton Head HOA Fees; Bluffton HOA Fees; Daufuskie Island HOA Fees; Market Reports; Local Schools; Mortgage Calculator; Property Management; Blog; Who We Are. She recommends homebuyers look at community covenants as a way to predict what future raises could be. > Home Valuation > View Sold Properties > Contact, Why This Year Is a Great Time to Sell Your Vacation Home. This fee covers the communitys annual operating budget, with the amount varying between improved and unimproved properties. Transfer Fee: 1% flat fee of the Gross Selling Price of the Unit at closing shall not exceed $5,000, $12,073, plus individual neighborhood fees. $10,744, plus neighborhood assessment may apply, $10,744 plus neighborhood assessment may apply, Club Int. We look . One time contribution $125,000, $20,400/year for club dues. Unique to Haig Point, the community owns its own private ferry and ground transportation service. Is Hilton Head an expensive place to live? Find out more about our exclusive luxury homes, 24-hour gated security, swimming pools, croquet, bocce lawn, bike trails and our elegant Clubhouse. It may be that they have to have a meeting and have to have a certain percentage of people be there and vote.. Capital contribution $100 or $150 for lot, Transfer Fee: .25 of 1% of purchase price, Transfer Fee: .25 of 1% of purchase price or $1,000, Transfer Fee: .25 of 1% of sale price with a cap at $10,921, Golden Bear: $2,281; The Golf Club: $2,481; Broad Pointe: $3,675; River Club: $3,719, $1,939; The Golf Club: $2,339; Broad Pointe: $3,333; River Club: $3,377, Transfer/Initiation Fee: $4,562 Homes and $3,878 Lots, plus $250 admin fee, Residential Enhancement Fee of 1%, Cap $10,600, Community Enhancement Fee: 1/2 of 1% of sales price plus $200 transfer fee from seller. Capital Improvement Fees, Enhancement Fees, and Special Assessments are extra forms of payment used to fund community projects and improvements, such as a new clubhouse or major renovations. hbbd```b``A$ai2D2ZHM }dvd^`r\,>L"eAl]`bA^30;Duik_AC0i Transfer fee 0.5% of sale, builder/1st own-$500. 1/2 of 1% of Sales Price Transfer Fee & $200 Processing Fee for each sale; Most individual Villa Communities have additional regime fees. Video Courtesy Wexford Plantation. Our carefully curated documents and community information will have you better equipped to make the best decision possible when purchasing your new property. One-time processing fee of $35. Wexford Plantation, Hilton Head Island Real Estate & Homes for Sale 18 Homes Sort by Relevant Listings Brokered by Keller Williams Realty For Sale $3,900,000 5 bed 6.5 bath 7,486 sqft 0.48 acre. Hilton Head Island, Bluffton, & The Surrounding SC Lowcountry. $286.66 one-time fee for Capital Reserve Fund - Paid at closing, One-time transfer fee of 1/4 of 1% of sale price with a cap at 6288.40. We do not attempt to independently verify the currency, completeness, accuracy or authenticity of the data contained herein. He purchased a lot in Palmetto Bluff in 2007 then built a retirement dream home on the land in 2020. Hilton Head Island is justifiably famous for itsincredible beaches and its world-class golf courses. Home prices in the U.S. rose for a third straight month, pushed up by growing buyer demand for a tight supply of listings. Meet Jim Paris Find Your Property Value 843-422-2491 Click here to sign up. Hilton Head Island is full of exclusive, often gated neighborhoods that require POA Fees or HOA Fees in order to maintain them. document.getElementById("ak_js_1").setAttribute("value",(new Date()).getTime()); Check your homes value in 30 seconds for FREE. Transfer fee: 1/4 of 1%. *Please note that while information is deemed reliable, accuracy is not guaranteed and all information needs to be verified by third parties. 269 0 obj <>/Filter/FlateDecode/ID[<86B40AD4B488AF4794A3E01615A5E756>]/Index[237 75]/Info 236 0 R/Length 141/Prev 141333/Root 238 0 R/Size 312/Type/XRef/W[1 3 1]>>stream $100 new owner fee. $1,900 annually+ $98 Storm Reserve Assesment, Community Enhancement Fee: 1/2 of 1% of sales price plus $200 transfer fee from seller. Annual fees give homeowners access to all of the communitys amenities and facilities, including two golf courses. Refi. These fees pay for a multitude of amenities offers specifically by the club. Food and beverage minimum for all properies is $1,350 annually divided into semi-annual amounts of $675. Editors note: This article has been updated to reflect changes in some numbers. These fees go towards covering the cost of upkeep and development of these shared areas, and they are typically paid by the homeowners. Clubs lose money, right? In some cases, like Long Cove and Palmetto Bluff, the POA fees pay for golf membership, in others they are separate. Wexford Plantation is quiet and secure, but also very active with an extraordinary []. Transfer Fee-$2,750. Wexfordis located on the South End ofHilton Head Island, South Carolina. Special Assessment: $1,241, $1,000 Capital Contribution. Initiation fee of $20,800 for homes, $10,400 for lots. Carriage Homes have additional one-time initial maintenance fee equal to two months of the exterior landscape maintenance fee of $95 per month. Buyers are locked into the fees unless they sell their property. As a result, Geary said hes seeing more older homebuyers choosing not to live in luxury communities. Many of the neighborhoods in Hilton Head Island, Bluffton and the surrounding Lowcountry are privately owned communities, often referred to as Plantations or Resorts. One-time social membership fee of $23,000. The action you just performed triggered the security solution. Fees increase upon buildout. The annual dues allows property owners unlimited use of the community amenities, including a golf course. Boat-slips are $764 annually. Additional fees may apply, $300 Lawn Care, $1,300 assessment. Golden Bear: $1820; The Golf Club: $2220; Broad Pointe: $3167; River Club: $3070. Club memberships come in two tiers: $7,698, or $12,797 for unlimited golf access. Membership Membership at Wexford is reserved exclusively for property owners and is included with ownership. CLICK BELOW for FAQs about Community Fees. $2,469 base annually ($617.25/quarter), Note annual neighborhood assessment may apply. However, living in an HOA community often includes a periodic fee. Membership is limited to less than 500 member families. Were looking for an inexpensive property.. It is essential to allocate money for these payments so that you can pay them on time. Wexford Plantation is a private, gated community located on Hilton Head Island, South Carolina. Hilton Head Real Estate at It's Finest RE/MAX Island Realty(843) 683-9592 Home Search Homes Active Villas for sale by Price Single Family Homes for sale by Price Hilton Head Island Area Map Note additional fees for Carolina Homes, $35,000 one-time initiation fee plus $250 Admin fee. All Rights Reserved. This equates to an annual income of $227,768 for a family of four. It is illegal to discriminate against any person because of race, color, religion, sex HOA (or POA) Fees: . $900 Transfer Fee. We have three large ferries that carry between 60 to 85 passengers and over the last several years, each of those have been completely renovated, Martin said. Aside from our property search, this is our most visited page. Copyright 2023 by Wexford. Please contact the POA/ HOA association for a full schedule of all fees and costs. HOAs are responsible for taking care of the shared areas of the neighborhood, like landscaping, streetlights, and community pools. Were not just a bunch of whiny homeowners, Palmetto Bluff resident Laurie Monroe said of the recent 37% mandatory base club fee jump, which doesnt include golf. 0 Haig Point and Palmetto Bluff have had the largest increases, raising their POA fees more than 25%. The rules, regulations, fees and charges of Wexford are established pursuant to the rule making authority granted to the Board of Directors ("Board") in the Declaration of Covenants, Conditions, and Restrictions for Wexford Plantation ("Covenants") at Article XI, Section 11.01 and pursuant to the authority granted in the By-Laws of Wexford Plantation Homeowners Association, Inc. at Article IV, Section 4.02 and 4.03. See community docs for villa and carriage home info. Wexford Hilton Head Island Luxury Homes 26 Agent listings 0 Other listings Sort: Price (High to Low) 36 Plumbridge Cir, Hilton Head Island, SC 29928 $4,395,000 5 bds 9 ba 6,389 sqft - House for sale 3D Tour 22 Plumbridge Ln, Hilton Head Island, SC 29928 $3,900,000 5 bds 7 ba 7,572 sqft - House for sale 24 days on Zillow Loading.
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