With an estimated 186,247 residents, Newport News is the fifth-most populous city in Virginia. Colleges and universities located here include Christopher Newport University and Thomas Nelson Community College.
In terms of arts and culture, Newport News does not disappoint. Notable attractions include the Mariners’ Museum, the Virginia War Museum, the Peninsula Fine Arts Center, the U.S. Army Transportation Museum, the Ferguson Center for the Arts, and the Virginia Living Museum.
Newport News is a beautiful city to live in. The city offers outstanding public schools, lucrative job opportunities, and a fairly affordable cost of living. There are also plenty of outdoor spaces in Newport News, which make for the perfect pairing to the city’s great weather. Apart from that, residents enjoy a highly-rated nightlife scene, a very diverse population, and an easy commute.
Other points of interest in and near Newport News include Busch Gardens Williamsburg, Yorktown Battlefield, Chippokes State Park, Yorktown Beach, Newport News Park, Sandy Bottom Nature Park, and Bacon’s Castle.
Community Association Management Services in Newport News, VA
Newport News has a relatively affordable housing market. While home prices can go from $10K to $1.6M, the median home listing price here is $254.9K. The median home value, on the other hand, is $194.7K. Meanwhile, tenants pay a median rent of $1,075, which is lower than the national median. This is why the ratio of renters to homeowners here is just about 50/50.
Additionally, the median household income in this city is $54,511. In terms of education, 35% of the population hold some college or associate’s degree, while 18% hold a bachelor’s degree. Only roughly 10%, though, graduated with a master’s degree or higher.
Homeowners associations have long existed in the United States, and their continued strength in the property industry can be attributed to the benefits they present. Members of an HOA have the exclusive right to use amenities. These can change from community to community, though they usually include clubhouses, pools, fitness centers, and parks.
In addition to amenities, homeowners associations also provide various services, including but not limited to snow removal, landscaping, and garbage collection. When it comes down to it, HOAs play an integral role in preserving property values. Yet, not many go into HOA leadership, mainly because it requires a lot of time and work. In fact, more often than not, HOA boards turn to a Newport News community association management company for help.
HOA Management Services in Newport News, VA
There are definitely several advantages to living in a community managed by a homeowners association. However, these associations can also be challenging to run. Board members usually don’t have enough time or skill to manage the community effectively. This typically leads to poor management, lower property values, and displeased residents.
With assistance from a Newport News, VA community association management company, though, all these problems can be resolved. A professional management team can take charge of the day-to-day operations, including fulfilling tasks such as sending out notices, coordinating with vendors, and preparing taxes. In turn, your HOA board can focus on more important issues.
Cedar Management Group provides homeowners associations with a diverse array of management solutions. These include but are not limited to accounting and collection and board member education to maintenance and violations management and community management. We also offer reserve planning, legal assistance, and value-added services.
An Unrivaled Newport News, VA HOA Management Company
Here at Cedar Management Group, we are dedicated to delivering high-quality results in a timely and reliable manner. Our clients can expect only the best services, utmost professionalism, and complete financial transparency. You can trust Cedar to give you unparalleled service at highly competitive rates.
Give your community the help it needs by contacting the best Newport News HOA management company today. Call us at (757) 780-9445 or get in touch with us online to request a free proposal.
Newport News, VA Local Resources
The prospect of moving to a new city is always an exciting yet daunting one. It is easy to get lost or feel overwhelmed when you are new in town. Hopefully, with the help of this list of local resources, you will find your transition process more bearable.