Irvine Homes with Low HOA Dues

The city of Irvine has many neighborhoods to choose from with many of these communities having monthly association dues and a Mello Roos tax attached to them. This is a big factor when considering purchasing a home as these fee's are on top of a monthly mortgage payment, annual taxes and insurance. Smart buyers look at what each community has to offer in relationship to the amount of monthly fee's they will charge. New construction homes are notorious for having an added Mello Roos tax in addition to association fee's which can make buying a home very expensive. For example, a $1 million dollar home may have a monthly association dues of $500 a month plus a Mello Roos tax which could average around $300 a month as well. So that is $800 that is to be paid on a monthly basis on top of any mortgage payment you may have. That's why looking for a home with low HOA makes the most financial sense.

One of the top neighborhoods in Irvine that is known for having low homeowners association dues is the Turtle Rock community. There are many homes currently listed for sale that have dues for under $200.00 a month. Neighborhoods like Turtle Rock View offer homes with a $160.00 association dues with low tax rates. Plus, since the Turtle Rock community was built in the late 1970's there is no additional Mello Roos tax. Another great neighborhood in Turtle Rock is the Broadmoor community with even lower monthly dues. This is a great area to look when looking for homes that don't overcharge with monthly fee's.

The Northwood community in Irvine is another great place to look for homes as many neighborhoods offer dues of under $200.00 a month. Like Turtle Rock, Northwood was built before the time when having a Mello Roos tax was commonplace. In fact, some of the original homes found in Northwood and built in the late 1970's have no association dues and no Mello Roos tax. There is very rare to find in the city of Irvine as most homes have some kind of monthly dues. Many of these homes with no dues are priced under $900,000 which makes it a very attractive place to consider. For questions regarding these types of homes please contact our local Irvine real estate agents at 949-988-0605.