In response to your inquiries on property values for appraisals, you are right that it is hard to come up with a good one. The big problem I have found is the appraisers look for comparables and end up using lots and homes in the area that have nothing to do with the airparks. Kind of trying to compare a waterfront home to one in the desert.Continue readingLetter: Ideas on property valuations
The vast majority of residential airparks operate with some type of homeowners’ association. As a result, many questions come up as a result of meetings, non meetings and the various rules and regualtions that are part of those residential airparks that have a homeowners’ association or similar type organization.Continue readingHomeowner Association Questions & Answers
This article is reprinted with permission from the May, 2006 issue of Airport Business Solutions, Tampa, FL http://www.airportbusiness.netContinue readingAAAE hears about Residential Airparks
There probably isn’t any real solution to that problem because people are people and there are always going to be conflicts.Continue readingConflicts on airparks
The subject of homeowner fees for residents of residential airparks comes up often among residents and would be residents. It seems to be a perennial topic for the meetings of airpark homeowner associations.
Recently we attempted to gather additional information on this subject with a survey. Continue readingSurvey results: Homeowner fees
Our survey on home sales at residential airparks drew 115 responses representing people in 40 states. That’s an excellent response and provides a lot of good information.Continue readingReal estate survey results
Recently we’ve had several inquiries from individuals and small groups interested in establishing residential airparks. Interestingly enough, the contacts have come from several regions of the country indicating to us that the interest continues to grow in this lifestyle.Continue readingBuilding a Residential Airpark
Well, recently a bill was introduced into the House of Representatives that calls for the TSA to establish security requirements for general aviation airparks – HR 3397 The General Aviation Security Act of 2005.Continue readingSelf-certification more important now
A LWYP subscriber inquired recently about developing a residential airpark. He was concerned that the number of airparks and their related lots and existing homes might be exceeding the demand.Continue readingAre airpark lots exceeding demands?
A subscriber recently contacted us about runway lights and VASI. He indicated that the homeowners at this airpark are considering installing runway lights to allow for night operations and he was interested in adding a VASI.Continue readingNeeds VASI plans, specs
It is a good idea to have an Airpark Security Plan. Even if it is a self-certified plan, it shows airpark attorneys, insurance agents, area law enforcement, and government officials your airpark takes security seriously. Following is a starting point to put such a plan in place.Continue readingAirpark Security Self Certification
A residential airpark is a wonderful place to live, bring up a family and enjoy the convenience of living with your airplane, whether that is for business or pleasure.Continue readingResidential Airpark Security
In the aftermath of the Hurricane Katrina disaster the question of adequate planning for your family and also your airpark should be a topic for discussion at the dinner table or your association’s next meeting (maybe even a special session).Continue readingDisaster Planning
In the article where HOA’s and CC&R’s can be used to protect ones property and property rights, however in both aviation and non-aviation related communities, the HOA’s are creating more problems that they are solving.Continue readingAnother view on HOA’s
Homeowner associations (HOAs) and the covenants, conditions and restrictions (CC&Rs) that are prevalent at most residential airparks rule what and how you will live at the airpark you decide to buy into.
In 99 out of 100 cases, most issues that arise are settled amicably and for the benefit of all concerned.Continue readingHomeowner Associations: Pro & Con