Aurora · CO · Arapahoe County

Heather Gardens — True Annual Cost

HOA · Arapahoe County property tax · All-in monthly estimate

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County Property Tax

Arapahoe County effective rate approximately 0.52% of market value. On a $350,000 home that is roughly $1,820/yr. On a $450,000 home roughly $2,340/yr.

Colorado's senior property tax exemption reduces assessed value by 50% (up to $100,000) for owners 65+ who have lived in the home for 10+ years.

HOA Fee

Heather Gardens HOA runs ~$620/mo. This covers all utilities, cable, dining access, fitness, pools, golf (9-hole), activities — highly all-inclusive.

Always verify before closingHOA fees can change with annual budget approval. Request the current fee schedule, the most recent reserve study, and 12 months of board meeting minutes before you commit.

All-In Annual Cost Estimate

True Cost Model — $400,000 Home

Property Tax (0.52%)~$2,080/yr
HOA Fees~$620/mo × 12
Homeowners Insurance~$1,200–$2,400/yr
Maintenance Reserve~$1,500–$2,500/yr
Total Annual EstimateVerify with current HOA fee

These are planning estimates. Get the current HOA fee in writing, confirm whether a capital contribution or initiation fee applies at purchase, and verify the county tax rate for the specific parcel.

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Key Facts

Colorado senior property tax exemption available. Very high HOA but all-inclusive — utilities, cable, golf, dining all included. 2,500+ condos.

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