History of Ellery Place HOA
The exact founding date of the Ellery Place Homeowners Association isn’t publicly detailed in the immediate search results, but we can infer from general trends in the region that it likely emerged with the development of the community. Fairfax County has seen significant suburban growth since the mid-20th century, particularly with the expansion of Washington D.C.’s suburbs. HOAs in this area often come into existence as developers sell off homes in new subdivisions or condo developments, aiming to maintain property values and community standards.
-
Development Context: Homeowners associations in Fairfax County often follow a pattern where a developer forms the HOA to manage common areas like parks, pools, or private roads, and to enforce covenants, conditions, and restrictions (CC&Rs) that dictate how properties can be maintained or modified.
-
Legal Status: According to the Bizapedia listing, the Ellery Place Home Owners Association, Inc. is incorporated in Virginia, which indicates it operates under the state’s legal framework for non-profit corporations managing HOAs. This includes adherence to Virginia’s Property Owners’ Association Act, which governs how HOAs can operate, manage finances, and enforce regulations.
Demographics
Specific demographic data for Ellery Place HOA residents isn’t available in public records, but we can make some educated guesses based on Fairfax County’s general demographics:
-
Population: Fairfax County is known for its diversity and high median income, reflecting a well-educated populace with a significant number of government employees, tech professionals, and academics.
-
Age and Household Composition: The area might have a mix of families with children, given the county’s reputation for excellent schools, alongside professionals or retirees who value the community amenities provided by HOAs.
-
Income Levels: Given Fairfax County’s economic profile, residents of Ellery Place are likely part of the upper-middle to high-income brackets, which is often correlated with living in HOA-managed properties due to the maintenance of property values and community amenities.
Real Estate Trends
-
Property Values: In Fairfax County, HOA-managed neighborhoods are often associated with higher property values due to the maintenance of community aesthetics and amenities. Although specific data for Ellery Place isn’t available, general trends suggest that homes in HOAs can command a premium, sometimes 4% or more above similar non-HOA properties.
-
Market Trends: The real estate market in Fairfax County has been robust, with demand often outstripping supply, particularly for properties in well-managed HOAs which offer amenities like community centers, pools, and maintained landscapes.
-
HOA Fees and Amenities: While not explicitly stated for Ellery Place, HOAs in this region typically charge monthly or annual dues that fund maintenance, landscaping, and community activities. These fees can be significant but are seen as investments by homeowners in the value and desirability of their property.
-
Regulatory Environment: The presence of an HOA can mean stricter regulations on property modifications, which can be both a benefit for maintaining community standards or a point of contention for homeowners looking for more freedom in personalization.
Conclusion
Ellery Place HOA, like many others in Fairfax County, likely serves to enhance the living environment by managing community aesthetics, amenities, and property values. While the specifics of its operation, history, or demographic breakdown remain somewhat opaque without direct access to HOA records, the broader context of Fairfax County’s real estate and community management practices gives us a framework to understand its role and impact.
For anyone considering living in or studying such communities, understanding the balance between HOA benefits and the constraints they might impose on personal property rights is crucial. The trends in property value appreciation, community engagement, and the legal framework around HOAs are all pivotal in evaluating the advantages and potential challenges of residing within a community like Ellery Place.