Lake Wylie, SC: Where Geography, People, and Economic Vitality Have Fashioned Southern Lifestyle
Lake Wylie has an estimated population of 8,841 residents. This census-designated place is located in York County along the shore of the Lake Wylie reservoir, its namesake. Lake Wylie is known as a great place to raise a family. This is evident in Lake Wylie’s excellent public schools, fairly affordable housing, and many job opportunities.
Additionally, Lake Wylie attracts many new residents due to its moderate cost of living, diverse community, and great weather. In terms of outdoor activities, Lake Wylie does not disappoint. Apart from the reservoir itself, there are a handful of parks in the area such as Field Day Park and Ebenezer Park. Lake Wylie is also close to attractions such as the McDowell Nature Preserve, Copperhead Island, and the Daniel Stowe Botanical Garden.
Lake Wylie, SC Community Association Management Services
The real estate market in Lake Wylie is a seller’s market, which means there are more buyers than there are sellers. Home prices here can range from as low as $15K to as high as $2M. The median home value is $322.2K, while median listing price is $350K, up 12.2 percent year-over-year. Most of the residents in Lake Wylie own their homes. About 23 percent of the population rent their homes, paying a median rent price of $1,156.
Income is high in Lake Wylie as well. The median household income here is $99,335, which is significantly higher than the national median. Residents also tend to have attained a higher educational level, with 18 percent of the population obtaining a master’s degree or higher. Furthermore, about 33 of Lake Wylie residents hold a bachelor’s degree and about 31 percent hold some college or associate’s degree.
In Lake Wylie, much like everywhere else, property values tend to increase when they are managed by a homeowners association. Those who are unfamiliar with HOAs, though, might wonder how these associations even play a role in the protection of property values.
To understand that better, you must know how HOAs work. These associations collect monthly dues from members then use the funds to maintain the community. This can involve providing services such as trash collection, snow removal, and landscaping. This can also mean making such common areas and amenities, like pools and clubhouses, remain in good condition.
Furthermore, homeowners associations enforce strict rules within the community, and members are required to follow them. The very idea of being restricted, though, may scare some people, but these rules all exist for the betterment of the community. When the neighborhood looks and works great, property values tend to rise.
While many homeowners choose to live in these communities, a majority of HOA boards find it hard to manage them. For this reason, the demand for professional community association management services in Lake Wylie, SC has increased.
HOA Management Services in Lake Wylie, SC
Like many other areas in South Carolina, Lake Wylie is no stranger to homeowners associations. But, the mere presence of such associations often isn’t enough to keep property values high. They must be managed correctly.
Unfortunately, for many HOA boards, managing a growing community can be onerous. To ensure the community runs well, board members must complete daily tasks and perform heavy duties. When combined with personal obligations, it seems nearly impossible to devote a lot of time to association business. Moreover, not many board members have the necessary skills for it.
Luckily, a Lake Wylie community association management company like Cedar Management Group can help. We offer a variety of solutions that can take much of the burden off your board’s shoulders. Our services include community management, accounting and collections, reserve planning, board education, maintenance and violations, legal assistance, and value-added services.
Hire the Best Lake Wylie, SC HOA Management Company
Cedar Management Group is the premier management company in the Lake Wylie area. We deliver unparalleled results to our clients in an efficient, transparent, and professional manner. Trust that you can rely on us to meet your exact needs and expectations.
The first step to successful community management begins here. For the best Lake Wylie HOA management company, call us today at (877) 252-3327 or contact us online to request a proposal.
Lake Wylie, SC Local Resources
Lake Wylie is not very big, but it can still be hard for new residents to adjust to their surroundings. Cedar Management Group hopes to make you feel more at home here with the help of these local resources.