Five Points-Raleigh, NC: A Collection of Historic Neighborhoods
The Five Points area in Raleigh consists of historic neighborhoods platted between the 1910s and the 1920s. The center of the Five Points neighborhood is located at the intersection of Glenwood Avenue, Whitaker Mill Road, and Fairview Road. Bloomsbury, Roanoke Park, Hayes Barton, Vanguard Park, and Georgetown are some of the neighborhoods located here.
In the Five Points Historic District, there are several points of interest, including restaurants, cafes, parks, and schools. The area is home to Roanoke Park, Hayes Barton Animal Hospital, Underwood Magnet Elementary School, and Westminster Presbyterian Church. The Carolina Country Club, Fred Fletcher Park, and the Kiwanis Neighborhood Center are also close by.
Since Five Points is only about nine minutes away from the city center of Raleigh, it offers a great suburban feel while still being close to big-city amenities. Housing and the cost of living in the area is quite affordable, and there are also plenty of job opportunities nearby. On top of that, Raleigh is home to excellent public schools, a vibrant nightlife, and plenty of outdoor activities.
Community Association Management Services in Five Points-Raleigh, NC
Raleigh boasts a relatively affordable real estate market, but it also has a thriving rental market. This is why the population is almost equally divided between homeowners and renters. Home prices can range from $45K to $5.5M, with the median home listing price being $325K. As for the median home value, that sits at $248.3K. The median rent, on the other hand, is $1,121.
In Raleigh, the median household income is $67,266. This is slightly higher than the national median. Residents also tend to achieve more in terms of education, with 19 percent of the population graduating with a master’s degree or higher. On the other hand, about 32 percent of residents hold a bachelor’s degree and 25 percent hold some college or associate’s degree.
Homeowners associations protect property values, which is one of the most common reasons people prefer buying homes in such communities. These associations are able to do this by maintaining common areas, enforcing property restrictions, and collecting monthly dues. These dues then go towards the association’s operating budget to pay for various expenses within the community.
Additionally, homeowners associations provide residents with a myriad of benefits. For instance, association members can use community amenities such as pools, parks, playgrounds, gyms, and clubhouses. Another benefit is the provision of services such as garbage collection, snow removal, and landscaping. It is often hard to accomplish these things, though, without the help of an HOA management company in Five Points-Raleigh.
Five Points-Raleigh, NC Community Association Management Company
There are many duties that go into managing an entire HOA community. Board members must juggle everything from dispute resolution and homeowner communication to budgeting and tax preparations. Considering the amount of time and work that must go into the process, HOA boards typically find themselves feeling overwhelmed or understaffed.
This is where a Five Points-Raleigh community association management company comes in. Professional companies like Cedar Management Group make community management easier. With our guidance and help, your HOA board can stop worrying about the day-to-day administrative tasks and focus more on the future of your community.
Cedar Management Group is the premier HOA management company in the Five Points area. Our services include community management, accounting and collections, maintenance and violations, board education, reserve planning, and legal assistance. Beyond that, we also provide value-added services such as vendor coordination, board meeting preparation, and emergency after-hours support.
The Right Five Points-Raleigh, NC HOA Management Company
Here at Cedar, we always prioritize the needs of our clients. Trust that we will uphold all of our responsibilities in an efficient and effective manner. Our commitment to financial transparency also means you can rest assured knowing your community’s finances are in reliable hands.
For an exceptional Five Points-Raleigh HOA management company offering competitive pricing, call us today at (877) 252-3327 or contact us online to request a proposal.
Five Points-Raleigh, NC Local Resources
Raleigh is a big city, and living in the Five Points area can prove confusing to new residents. Cedar Management Group aims to make this transition easier for you by providing you with a list of helpful local resources.