Homeowners Association
You
may not realize it, but your association may be the only thing that protects the
value of your home or the quality of our neighborhood. Your association does a
number of different things:
It sets and collects the annual fees needed to run neighborhood operations.
It has an active Architectural Control Committee.
It maintains landscaping.
It publishes a neighborhood directory.
It publishes and circulates Westwords, the neighborhood newsletter.
It maintains the community’s monument signs.
It enforces deed restrictions.
It monitors nearby activities that could harm property values.
Its members appear before city agencies and urge compliance by residents, which protects the high quality standards of the area.
Think for a
moment about why you bought your home in the first place. You may have liked
the curb appeal of your house or its floor plan, but you probably considered
the neighborhood. You bought the neighborhood at the same time you bought
your house. You bought a lifestyle and surroundings encompassing everything
from the subdivision entries and all the other homes in the neighborhood,
assuming it would stay the same. Unfortunately, many subdivisions don’t remain
as nice as when they were new. A neighborhood can be well maintained or it can
be allowed to fall apart. The big difference between an attractive and an
unattractive neighborhood does not really lie in the deed restrictions. The
crucial factor is the willingness of the volunteers who make up associations’
board of directors whose responsibility is to enforce the rules that are in
place. Residents of Prestonwood West do, indeed, need an association run
and supported by all of us.
The HOA consists
of 665 single-family residences and includes six sub-associations, each with its
own board of directors, officers, rules, regulations and separate dues. Each
sub-association has one representative who sits on the master association
board. The six sub-associations and their number of homeowners are:
| Courtyard Homes* |
70 Homes |
|
|
| Greenway Homes | 20 Homes |
|
|
| Lakes of Prestonwood West | 24 Homes |
|
|
| Reflections West* | 108 Homes |
|
|
| Village On Preston* | 205 Homes |
|
|
| Village III* | 50 Homes | ||
| Remaining homes West of Campbell | 178 Homes |
|
|
| Total Homes | 655 Homes |
*Sub-associations east of Campbell Road – all zero-lot, single-family, one-and two-story patio homes, garden homes and town homes.
The remaining 178 homes residents are all dues-paying members of the Master Association but do not belong to any sub-association.
The Prestonwood
West HOA governs and maintains the business affairs and common property that
contributes to the overall ambiance and property values. Through the assessment
of homeowner dues, the association maintains the landscaping of common areas
including the five monument signs that mark the entrances to the community.