Courtyards at Stonehill Village: 10-Year True Cost of Ownership

New construction in Beavercreek Township carries Greene County's 1.35% rate — but the township location (vs. Beavercreek city) means no city income tax layered on top. This 10-year projection covers the $400K and $500K price points with the township advantage built in.

Assumptions

HOA: Estimated $250/mo Year 1; 3% annual increase (new community; rate may rise as amenities complete)
Property taxes: Greene County effective rate ~1.35%; Beavercreek Township (no city income tax)
Insurance: New construction; Year 1 lower; 5% annual escalation
Maintenance: New home; minimal Years 1–5; ramp up after warranty period
Utilities: New construction energy efficiency; DP&L + Columbia Gas; 3% increase
Homestead exemption: ~$392/yr in Greene County for qualifying buyers

Estimates only. Confirm HOA fee and build-out schedule with the builder at contract.

Scenario A: $400,000 Purchase Price

Cost Category	Yr 1	Yr 5	Yr 10	10-Year Total
HOA fees	$3,000	$3,378	$3,916	$34,318
Property taxes	$5,400	$5,400	$5,400	$54,000
Homeowner's insurance	$1,800	$2,189	$2,795	$22,165
Exterior maintenance reserve	$400	$1,200	$2,000	$12,000
Interior maintenance	$300	$500	$700	$5,000
Utilities	$2,300	$2,666	$3,092	$26,371
Annual Total	$13,200	$15,333	$17,903	$153,854

After homestead exemption (qualifying buyers): net 10-yr total ~$149,934.

Scenario B: $500,000 Purchase Price

Cost Category	Yr 1	Yr 5	Yr 10	10-Year Total
HOA fees	$3,000	$3,378	$3,916	$34,318
Property taxes	$6,750	$6,750	$6,750	$67,500
Homeowner's insurance	$2,200	$2,676	$3,418	$27,100
Exterior maintenance reserve	$500	$1,500	$2,500	$15,000
Interior maintenance	$350	$600	$850	$6,000
Utilities	$2,300	$2,666	$3,092	$26,371
Annual Total	$14,600	$17,570	$20,526	$176,289

After homestead exemption: net 10-yr total ~$172,369.

The Beavercreek Township Advantage

Township vs. city: Courtyards at Stonehill Village sits in Beavercreek Township (unincorporated), not the City of Beavercreek. Township residents pay county and township levies but NOT a municipal income tax. For a buyer with $20,000/yr in part-time consulting or rental income, avoiding even a 1.5%–2.5% city income tax saves $300–$500/yr. For pure SS-and-pension retirees, the difference is minimal (Ohio exempts SS), but it's worth understanding which side of the township/city line your specific home sits on.

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