13 August . 2024
HOA/CDD Questions You Should Know Before You Become a Waterset Resident!
We’ve gathered the most frequently asked questions from our on-site HOA and CDD team and we have the answers for you! Here is some helpful information as you get closer to your move-in date in Waterset.
Q: Does Waterset have HOA and CDD fees?
A: Yes, Waterset does have both HOA and CDD fees. The HOA fee is only $120/ year. Our CDD fees fluctuate based on your type of home and lot size. The CDD fees range from $1,970 - $3,466/ year. Fees can fluctuate from year to year as annual budget approvals occur in September.
Q: What is an HOA and CDD?
A: HOA stands for Homeowners Association and the purpose is to maintain the beautiful looking community from landscaping, groundskeeping and architectural style. The HOA also provides a Design Review Committee that reviews and approves resident requests for modifications to their home or property. The CDD fees cover all of your award-winning amenities, operations and maintence of all common grounds as well as the planning, construction and maintenance of all community systems and structures for your enjoyment.
Curious what amenities are included? The Landing swimming pool, fitness center and pavilion. The Waterset Club fitness center, pools, waterslides and sports courts. Waterline Station resort-style pool and playground. Along with The Lakeside splash park, playgrounds and dog parks, 10 + other parks and playgrounds and 12 + miles of trails. 
Q: How can I contact or get in touch with the on-site HOA/CDD team?
A: The HOA/CDD office is located at the Waterset Club. Their representatives are on-site 7 days a week and are always happy to help answer whatever other questions you may have! If you aren't able to make it to the Waterset Club, you can also reach them at (813) 677- 2114.
Some more helpful information before you go!
For most people, your fees are part of your tax bill, which is a great perk. Your HOA fee is due in January every year. The CDD fee can also be rolled into your mortgage. Specifically, for the CDD fees, it is broken down into 2 separate parts. The first part is the 30-year bond, which is the smaller portion. The other portion and the majority of the fee is for operations and maintence, and this piece is paid indefinitely as a Waterset resident.
If you have any other questions regarding the CDD or HOA, please don't hesitate to contact their office via their telephone number, (813) 677- 2114 or at The Waterset Club!