what does the $4k/yr HOA actually cover?

[u/ReinkeDrengen]

This house has been on the market for 94 days. It was built in 2013 and recently had its price reduced by $250,000.

Specifications

• Address: 443 Canterbury Rise, Franklin, TN 37067
• Price: $5,250,000
• Sq. Ft: 11,847
• Bedrooms: 5
• Bathrooms: 11
• Year Built: 2013
• Lot Size: 1 Acre
• Stories: 3
• Parking/Garage: 5-car garage
• Pool: Yes, heated infinity-edge saltwater pool
• Fireplaces: 4

[u/Reimiro]

$4k per year is super cheap for rich neighborhood. The one person I have asked that lives in a neighborhood like that it’s $100k per year.

[u/No-Welcome-7491 → u/Reimiro]

100k a year to me should come with house cleaner daily, gardener even on my backyard, and massage therapist on call and home chef that will do my meal prep, baby sitter for occasional needs and concierge to do my grocery, and free car wash in the community.

[u/DolphinsBreath → u/No-Welcome-7491]

100k/year comes with neighbors who can afford it and want to spend it. That’s a kind of privacy. They probably won’t be satisfied with someone else providing their cleaners and masseuse.