Last year we wrote about the consequences of under-funding a reserve account. Well, there’s another, maybe even more compelling reason to keep a well-funded Reserve account, and that’s the value of individual properties within a community. A recent study indicates that home values were 12.6% higher in associations with a strong (over 70% Funded) Reserve Fund than homes in associations with a weak (under 30% Funded) HOA Reserve Fund. You can read about it here.

This is worth considering while we look at 2018 budgets.