No HOA Fees, No Problem: Why Artessa Monthly Membership Offers More Than Traditional Homeownership 

If you’ve owned a home, you’ve probably flinched at the mention of Homeowners Association (HOA) fees. You pay loads of money each month to keep your neighborhood trees trimmed and amenities clean, which is great — but it often leaves you wondering where the rest of the check went. 

At Artessa’s active adult cooperatives, the cost-of-living price tag matches the lifestyle value you receive in return. Our Monthly Membership Fee is not your typical HOA. It covers more and simplifies your life in ways that other traditional communities can’t. Here’s how. 

HOA Dues: The Fine Print Behind the Fee 

In a typical neighborhood, HOA fees might cover landscaping, snow removal and a community clubhouse. But the list of what they don’t cover is usually much longer. 

Repairs inside your home? New appliances? Property taxes? That’s all on you. 

Townhome and condo fees tend to go a little further, but they still leave homeowners with big responsibilities, especially when it comes to taxes, interior maintenance and surprise repairs. 

Here’s What Artessa Covers (And HOA Fees Don’t) 

Monthly Membership Fees and HOA fees are not created equal. 

At Artessa, our Monthly Membership Fee goes far beyond what average HOA dues include. When you live in one of our cooperatives, this payment helps keep your community and your home well kept and running smoothly without the hassle of handling everything yourself. 

Here’s what your Monthly Membership Fee covers at Artessa that most neighborhoods almost never include, and townhomes or condos only sometimes do: 

• Repairs inside your home: Think beyond the lawn and lobby. This covers walls, floors, roofing, appliances, HVAC systems and more — not just for shared community spaces, but within your individual residence. 

• Water and sewer bills: Water, sewer and even a built-in water softener system are all included. You can check this off your list of monthly utility bills for good.  

• Cable and internet: Artessa offers TV and Wi-Fi in each residence, wired and ready to go at no additional cost. No need to shop for providers or worry about individually procuring one or two; it’s all bundled in at a bulk rate. 

• Real estate taxes: This is a big saving advantage over traditional homeownership, simplifying budgeting and eliminating stress over annual tax bills.  

• Property and liability insurance: Your share of the cooperative’s insurance is included, offering comprehensive protection for both your home and all community spaces. Personal content insurance is the only other expense you’d need. 

• A contribution to the master mortgage: Artessa members collectively contribute to the cooperative’s long-term, fixed-rate mortgage. It’s a more cost-effective way to minimize needed equity. 

• Professional management: Community management is entrusted to people who understand the ins and outs of cooperative living (and have for decades). From day-to-day operations to big-picture planning, there’s always someone eager to help. 

• Health and fitness club: Stay active without an off-site gym membership. Our state-of-the-art wellness studios have cardio, weights, yoga and more. 

• Replacement reserves: Unlike many HOAs that rely on special assessments for big repairs, Artessa builds replacement reserves into the monthly payment. That means there’s already funding set aside for future updates and replacements, with no surprise assessments down the line. 

Compare that to most neighborhoods, where even small upgrades or maintenance issues mean calling a contractor, writing a check and crossing your fingers. 

Ownership Without the Overwhelm 

Artessa’s cost of ownership is simple: a Buy-In Share Payment (like a down payment) and your Monthly Membership Fee. That’s it.  

The more you put down initially, the lower your monthly payments will be. 

This ownership structure also allows members to have a real voice in their community and collectively keep operational expenses in check. And, to further ensure fiscal transparency, Artessa provides a monthly financial update to all members and enlists a Certified Public Accountant to perform a third-party spending audit each year. 

Together, these costs keep your residence, community and amenities in pristine shape, bringing the true magic of co-ops to life. Plus, you build equity and have control without the stress of managing all homeownership responsibilities yourself. 

Where HOA Fees Fall Short, Artessa Delivers 

The Monthly Membership Fee bundles everything you need — and plenty of things you didn’t know you’d love — into one smart, transparent payment. While the term “HOA dues” might raise eyebrows elsewhere, at Artessa, our monthly expenses are simply part of the freedom that comes with simplified, maintenance-free living. 

Reach out to our team or call (612) 875-3833 and explore 62+ and 55+ cooperative homes for sale near you.