💸 Pillar 10: Double Taxation & Home Values

You pay city taxes AND HOA assessments — but CVHOA provides zero amenities. What exactly are you getting?

City vs. HOA Services

ServiceCity Provides?CVHOA Provides?Duplication?
Road maintenance✅ YesNo
Police protection✅ YesOff-duty police patrols⚠️ Duplicated
Fire protection✅ YesFireWise mitigationPartial overlap
Parks & recreation✅ YesNo amenities
Code enforcement✅ YesDrive-through inspections⚠️ Duplicated
Pool / Clubhouse / PlaygroundVarious❌ None

What $88/Year Buys You

CVHOA's $52,360 annual budget (595 × $88) funds:

It does not fund any amenities: no pool, no clubhouse, no playground, no courts, no community center, no gym.

The Fundamental Question: If CVHOA dissolved tomorrow, what tangible benefit would homeowners lose that isn't already provided by the City of Colorado Springs?

Home Values in Context

Zillow data (as of February 2026) provides current market context for CVHOA properties:

MetricValueSource
80919 Typical Home Value (ZHVI)$585,447Zillow, Feb 2026
80919 1-Year Change-1.1%Zillow, Feb 2026
80919 Median List Price$574,917Zillow, Feb 2026
Rockrimmon Median Sale Price$640,000Redfin, Feb 2026
505 Silver Spring Cir (CVHOA)$639,900 (sold Feb 2026)Redfin
935 War Eagle Dr N (CVHOA)$849,900 (listed Mar 2026)Zillow
955 War Eagle Dr N (CVHOA)$776,000 (sold)Zillow
Nearby 80918 (non-HOA areas)$431,897Zillow, Feb 2026
Nearby 80920$520,223Zillow, Feb 2026
Average Rent 80919$1,608/moZillow, Feb 2026

CVHOA properties trade in line with the broader Rockrimmon/80919 market — suggesting the HOA itself adds no measurable premium. The 80919 zip code's higher values reflect location (D20 schools, proximity to USAFA, mountain views) rather than HOA governance. Comparable non-HOA neighborhoods in adjacent zip codes achieve similar or higher values in premium locations.

🚩 The HOA Premium MythThe claim that HOAs protect property values is frequently made but rarely proven. CVHOA's $88 annual assessment and zero amenities provide no measurable value advantage over comparable non-HOA homes in the same market area. The 935 War Eagle Dr N listing even reports the HOA fee as just $6/month — suggesting even sellers minimize the HOA's significance.