Guide

What It Really Costs to Live in Traditions at Lake Ruby

Every dollar. Every fee. Every year. The math that listing sites skip.

The $467/Month Premium

Traditions has the highest HOA in the Polk County 55+ market at $467/month ($5,604/year). But it covers more than any other community's HOA: lawn care (mowing, bush/tree trimming, mulch), exterior house painting on a ~6-year rotation, cable TV, internet, gate security, and full clubhouse access. The exterior painting alone saves homeowners $3,000–$5,000 every 6 years.

Complete Annual Cost ($300K Home)

ItemAnnualNotes
HOA$5,604$467/mo. Covers lawn, paint, cable, internet, security.
CDD$0No CDD — all costs in one simple HOA.
Property Tax$2,600Polk County with homestead on $300K.
Insurance$3,000Lennar construction 2005–2020. Newer = better rates.
Total Annual$11,204No golf cost (no course on-site).

vs. Lake Ashton ($350K Home, One Mile Away)

CostTraditions ($300K)Lake Ashton ($350K, bond paid)
Annual Fees$5,604$2,460
Property Tax$2,600$3,800
Insurance$3,000$3,200
Total$11,204$9,460
Exterior paintingIncluded$500–$800/yr equivalent
Cable/InternetIncludedPartially covered
Adjusted Total$11,204$10,260–$10,560
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When you account for the painting and cable/internet coverage, Traditions costs roughly $650–$950 more per year than a bond-paid Lake Ashton home. That gap pays for lakefront access, newer Lennar construction, and governance simplicity (1 board vs 5). For many buyers, that premium is justified.