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Experts Say Community Amenities and Lifestyle Programs Drive Home Buying Decision
Homebuyers are motivated to buy a new home and move to a new community for a wide variety of reasons – perhaps a desire to downsize, upsize, relocate closer to family and friends, or enhance their quality of life. And when it comes to which new home and community to choose, there are nearly as many variables to consider, such as cost of living, location, layout and the quality of the community association and professional management company, to name a few. But while those factors will always be important, there are two additional considerations that, for many people, are even more compelling – community amenities and programs for lifestyle communities. -
FirstService Residential Keeps Energy Costs on a Tight Leash During Dog Days of Summer
High summer temperatures bring high electric bills – especially this summer, as heat waves and soaring temperatures continue to blaze across the U.S. and Canada. But FirstService Residential’s innovative FS Energy program is keeping residents cool, curbing electric bills and lowering energy emissions and usage – and it saved $1.5 million in energy costs for NYC residents last summer. Now, the program is rolling out to multifamily buildings in Chicago and Miami. -
FirstService Residential Sustainability Expo
Reducing energy usage and costs, while increasing "green" living is vitally important not just for multi-family properties and residents, but also for the environment. In New York, FirstService Residential recently hosted its Third Annual Sustainability Expo and Symposium to help building staff and property managers increase their commitment and actions towards increasing efficiency and sustainability. Want to know more? Check out this recent spread in the Mann Management Report. -
What is a lifestyle community? Five tips to choose the right one
There are many types, sizes and varieties of lifestyle communities to choose from, and as interest from homebuyers grows, developers and home builders are creating new ones to meet the demand. If you’re a prospective buyer and don’t know where to begin, we can help. We’ve compiled five important factors to consider to help you narrow down your choices and find the right lifestyle community to meet your needs. -
Residential pool inspection checklist for your community
A health inspector is coming to assess your community pool. Are you prepared? If not, a pool inspection can be a major source of anxiety for your board members and residents. But don’t throw in the towel – there are steps you can take to make sure your inspection goes...well, swimmingly. -
Four Ways to Increase Value by Decreasing Energy Use
Of all the expenses you encounter as a homeowner, community or condo association, energy ranks toward the top of the list. Many of us see this as a given. We need lights. We need heating and cooling. We need to warm our water and prepare our food. And while the necessity of energy use will never change, how much we pay for it, and how much we need, can. -
Understanding virtual board meetings in your HOA and COA
Given the unprecedented practice of "social distancing," now may be the best time to find the right video conferencing platform for your association. -
HOA Legislation: Protecting your community
More than 85% of officials in state legislatures are up for re-election this year. So what does that mean to you as a board member or resident in a condo or homeowners’ association (HOA)? And how does this affect HOA law? There are a variety of initiatives on the table across the nation that will significantly impact community associations. In this article, we’ll take a look at what those issues are – and most importantly, how you can impact HOA law. -
The Hottest Trends in High Rise Amenities for 2017
It’s important to make sure that your high-rise building’s amenities are desirable and reflect the latest needs and wants of current residents, as well as potential buyers. Investing in amenities will have a twofold effect: it will enrich the lifestyles of your homeowners and residents, and it will make your high-rise more marketable and enhance property values. Updating your amenities doesn’t have to cost a fortune. Read on for some of the hottest trends in high-rise amenities and suggestions for staying current with any budget. -
Enhancing energy benchmarking in condos and co-ops
Condominiums (condos) and cooperative housing communities (co-ops) are increasingly recognizing the importance of sustainability and energy efficiency in today's world. One vital tool that plays a crucial role in this effort is energy benchmarking. -
Raising a Family in a High-Rise – How Communities are Making it Easier
When a lot of people think about high-rise living, they don’t necessarily jump to the idea of families in high-rises. In many cities, high-rises are still considered the domain of the young and single, or couples without kids or active retirees. The New York Times even ran a piece, in 1987, decreeing that “A High-Rise Is Not a Home for Children.” But today, thanks to a Millennial generation that doesn’t want to commute from the ‘burbs, more and more high-rises are actively courting families as residents. -
5 steps to create a lifestyle program using community amenities
Now more than ever, communities are searching for ways to increase resident engagement and create a social atmosphere. One way managers capitalize on their available community amenities is through lifestyle programming. -
How to plan an effective association budget for your community
Preparing your association’s annual budget...it can be a source of stress, but more importantly, it’s a valuable opportunity to ensure the financial well-being of both your association and homeowners. Proper association management hinges on this financial tool for both short-term and long-term planning, so it’s important to follow some guidelines. -
Preventing Wildfires: How to protect your home from wildfires
Wildfires continue to be a constant and deadly threat across North America, and the risk intensifies with soaring annual temperatures, strong winds and severe drought conditions. -
Six summer energy conservation tips
Summer’s longer days mean more time to enjoy warm weather and sunshine, but they also mean higher energy bills. There is a bright side, however: by implementing an energy management program within your community, you can help keep costs down without sacrificing comfort. -
Hurricanes plans and policies to reduce your association's risk
Hurricanes can bring tremendous physical destruction and financial ruin to a community association unless policies are put into place to prepare for the storms before they arrive, and to deal with the consequences afterwards. Every board whose association could possibly be impacted by a hurricane must have a hurricane preparedness policy to help maximize safety, minimize risk and ultimately, protect its operating budget too. And just as important as having a policy is communicating the policy to your residents. -
Incentives Aim to Green Up New York, Reduce Operating Costs for Building Owners
A recent study found that 75% of greenhouse gasses in New York City are generated by buildings, primarily multifamily residential buildings. As part of a city-wide effort to incentivize buildings to develop programs to curb emissions, FirstService Residential held its Third Annual Green Expo & Symposium on May 15 in New York. The event featured a panel of industry experts, including FirstService Residential President Dan Wurtzel, who described the benefits of participating in city programs, as well as the opportunities to save money, help the environment and enhance property values. -
HOA Pools: The basics of swimming pool insurance
Swimming pools are one of the most common, and most desirable, amenities in communities. Making sure to have proper community pool insurance coverage. -
HOA best practices for improving board effectiveness
Whether you are a board member who wants to ensure your board is doing everything it can to succeed or a resident who wants to get involved in the governing of your community, we have identified the best practices that can help you get the answers you need. -
Lifestyle Expert Previews Amenity Trends for 2016 and Beyond
Location, location…amenities? As we told you in a previous article, the desirability of a community’s lifestyle amenities is becoming highly influential in driving the purchasing decision for many homebuyers. To rise to the challenge – and set themselves apart from the competition – many developers, builders and community associations are adding the next generation of amenities to their lifestyle communities, high-rises, condo buildings and other residential properties. And it’s working. By adding and/or updating their amenities to reflect evolving tastes, communities are effectively meeting the aspirations and demands – and enhancing the lifestyles – of potential and existing homeowners. -
Tips for community waste management in your association
With a growing focus on proper environmental stewardship, many associations are working toward implementing green initiatives. But getting there can be daunting. With so many programs and opportunities available for all of us to reduce, re-use and recycle, it’s hard to know where to begin. -
Put an Energy Saving Program Together for a Multifamily Property
Many HOAs and community associations would like to save energy and energy spending, but they think that putting an energy management plan into place for their multifamily property is difficult to accomplish. FS Energy's Chris Normandeau explains some basic, easy-to-do steps that can make a real impact on an association's energy usage and budget. -
Seven Trends for Amenities in 2015
2014 was a year of change for a lot of associations. And in many ways, 2015 promises to be no different – especially when it comes to the types of amenities that will be offered by communities. -
5 energy conservation strategies for community associations
In this article, we delve into the significance of energy conservation within community associations, exploring its benefits and strategies for effective implementation.