Nova55Living › Colorado Springs › Total Cost Comparison
All-in monthly estimates · Updated 2025
Most comparison tools show you list price. We show you what you’ll actually spend each month. El Paso County’s low property tax rate is a structural advantage — it shows up in every community’s numbers.
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Talk to a Specialist →| Community | Home Price | HOA/mo | Tax/mo | Insurance/mo | Est. Total/mo |
|---|---|---|---|---|---|
| The Retreat at BLR | ~$592K avg | ~$175 | ~$235 | ~$183 | ~$593+ |
| Village of Cortona | ~$650K | Confirm | ~$255 | ~$150 | $405+ club fees |
| Elan | ~$933K | Confirm | ~$365 | ~$292 | $657+ |
| La Scala | ~$500K | Confirm | ~$196 | ~$150 | $346+ |
| Elm Grove Villa | Confirm | Covers ext. | Lower | ~$100 | Confirm |
| Heritage Park | Lower range | Covers bldg | Lower | ~$75 | Lowest range |
| Valley Hi | Affordable | Minimal | ~$100 | ~$100 | Most affordable |
| Skyway Plaza | Mid range | Incl. utilities | Lower | Incl. | Confirm |
Tax estimates use El Paso County ~0.47% effective rate; base county rate only (metro district overlays at Banning Lewis Ranch add to the bill). HOA figures approximate where builder-confirmed data is unavailable. Insurance estimates at standard Colorado rates including hail. Verify all figures before buying.
We connect buyers with agents who know this market from the inside — real cost math, honest comparisons, and what's actually happening right now. Every agent is personally vetted by the Nova55Living founder. No scripts, no pressure.
Buyers 65+ who qualify for the Colorado Senior Homestead Exemption (10-year ownership) reduce their tax by roughly $35–$40/month on a $600K home. Over 10 years that is $4,200–$4,800 in savings. Apply through El Paso County Assessor after your first year of ownership.
Veterans with a 100% permanent VA disability rating owe zero property tax in Colorado. At The Retreat, that eliminates ~$235/month from the monthly cost estimate above. Apply with El Paso County Assessor with VA documentation.
Banning Lewis Ranch overlays a Metropolitan District on top of the base El Paso County property tax. The ~$235/month estimate above uses the base effective rate and will understate your actual bill until you verify the total mill levy for the specific Retreat parcel. Ask Oakwood Homes for the full mill levy breakdown before writing an offer.
Connect with a specialist who knows this market from the inside — real cost math, honest community comparisons, and what's actually happening right now. Every agent is personally vetted by the Nova55Living founder.
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