Winston-Salem, NC: Twin City
With an estimated 247,945 residents, Winston-Salem is the fifth-largest city by population in the state. It also serves as the county seat of Forsyth County. Its nickname, “Twin City,” stems from the city’s history as two neighboring towns merging as one. Other people know it as “Camel City,” thanks to the tobacco industry playing an important role in the city’s economy in the past.
Winston-Salem is known for its thriving arts and culture scene. Points of interest include the Bethabara Historic District, Old Salem, the Arts District, the Southeastern Center for Contemporary Art, the Reynolda House Museum of American Art, and the New Winston Museum. The city also hosts several events throughout the year such as the National Black Theatre Festival, the Heavy Rebel Weekender Music Festival, and the RiverRun International Film Festival.
Additionally, Winston-Salem is a major center for education. Colleges and universities located in the city include Wake Forest University, the University of North Carolina School of the Arts, Winston-Salem State University, and Salem College. Apart from that, sports also plays a significant role in the city’s culture, particularly college sports.
Other notable places in Winston-Salem include Tanglewood Park, Kaleideum North, Kaleideum Downtown, Salem Lake Road, Reynolda Gardens-Wake Forest, Körner’s Folly, and Quarry Park.
Winston-Salem, NC Community Association Management Services
The real estate market in Winston-Salem is fairly affordable. There are numerous homes for sale, ranging from $5K to $4.5M. The median home listing price is $204.4K, which presents a year-over-year upward trend of 9.4 percent. The median home value in Winston-Salem is $147.9K, which is lower than the national median. Out of the city’s population, about 53 percent own their homes, with the other 47 percent renting their homes at a median rental price of $806.
The median household income in Winston-Salem is $45,750. This is significantly lower compared to the national median. Though, residents of the city tend to be more educated. In fact, approximately 14 percent of the city’s population possess a master’s degree or higher. About 21 percent of Winston-Salem residents hold a bachelor’s degree and about 29 percent hold some college or associate’s degree.
The highest-appreciating neighborhoods in Winston-Salem include Buena Vista, Ardmore / Hanes, and Salem / Salem College. Home values tend to go higher when they belong in homeowners associations, and for many reasons. Homeowners associations provide members with a wealth of benefits.
For instance, HOA communities give residents access to amenities and services such as pools, clubhouses, fitness centers, landscaping services, and garbage collection services. These associations also work tirelessly to improve curb appeal as well as enforce stringent rules, all for the sake of protecting property values.
Although a lot of homeowners opt to live in communities run by HOAs, many boards have a hard time managing them. For this reason, most of these associations turn to professional community association management services in Winston-Salem, NC.
HOA Management Services in Winston-Salem, NC
Winston-Salem is rife with homeowners associations. A lot of these associations, though, are not self-managed. More often than not, HOA boards seek the help of a Winston-Salem community association management company because of the sheer volume of work required to keep the community in operation.
If your HOA board lacks the time or expertise to successfully manage your community, hire Cedar Management Group. We offer an extensive range of services designed to keep your association in good working order. Apart from community management, we can handle accounting and collections as well as reserve planning — arguably two of the most challenging aspects of HOA management.
We can also handle maintenance and violations, offer legal assistance, and provide value-added services such as annual calendar planning, budget preparation, and HOA website services. To top it all off, Cedar is also committed to providing expert board education to train your board members on the proper practices and procedures.
Hire the Best Winston-Salem, NC HOA Management Company
Cedar Management Group recognizes that every community has its own set of needs. This is why we are prepared to tailor our services to meet your specific requirements. While our services are flexible, you can trust Cedar to provide you with consistently excellent results, 24/7 customer support, and practice the utmost professionalism and transparency.
As the premier Winston-Salem HOA management company, Cedar Management Group is your best bet. Call us today at (877) 252-3327 to learn more about how we can help or contact us online to request a proposal.
Winston-Salem, NC Local Resources
Winston-Salem is a big city, and it can be hard for new residents to get accustomed to its ins and outs. Therefore, we took the liberty of putting together a list of helpful local resources to make your adjustment smoother.