Increase Property Value of Your Association with Activities and Events for Residents

Increase Property Value of Your Association with Activities and Events for Residents

Increase Property Value of Your Association with Activities and Events for Residents

You love your community!  


It is the place you, your family, and your neighbors call home. Your community is where you have honed your passions, bonded with your friends and family, and learned more about yourself.  


One of the best things you can do to set yourself up for long-term success and ensure that your community is beloved by families for years to come, is to invest resources into your community and create cherished yearly traditions.  


As a property management company in Cincinnati, one of our top priorities is helping our clients increase the value of their association. One of the best ways to do this is by organizing activities and events for residents. These events not only bring the community together but also make the property more desirable to potential buyers and renters. 


How else can you improve your property value? Learn more here! 


There are many different events your Cincinnati or Dayton property association can set up. And our mild Midwest springs, summers, and autumns mean you can host an event almost any time of year! 


Keep reading to learn more about how you can throw the perfect event to increase the property value of your association! 


Top Community Events You Can Throw to Boost Your HOA Value 


There are dozens of ways to boost your HOA value by hosting events and parties. Management Plus has put together the most effective events you can throw that your residents will enjoy and will attract homeowners looking for new homes.  


Here are a few events to consider: 


Throw a Yearly Potluck! 


The best community events are those that allow neighbors to become friends! What better way to spark friendship than by giving your community members a chance to share their favorite dishes and bond over new memories? 


To organize a potluck, you can send out invitations to residents, asking them to bring a dish to share. You can also assign different types of dishes for residents to bring, such as main dishes, sides, desserts, or drinks. This can ensure a variety of food options for everyone to enjoy. 


Potlucks are also a great way to showcase the diversity and cultural richness of your association. Encouraging residents to bring traditional dishes from their own culture or country can foster a sense of community and respect for different backgrounds. 


Potlucks are a great way to increase the value of your association because they are low-cost, easy to organize, and can be held in venues like a clubhouse, park, or pool area.  


Organize a Food Drive! 


People love communities that are focused on helping others and fostering a nurturing environment that teaches their children the importance of giving back.  


Food drives are events where residents are encouraged to donate non-perishable food items, such as canned goods, cereal, or pasta, to a local food bank or shelter. 


Organizing a food drive is relatively simple, and can be done with minimal costs. You can set up a collection point in a common area such as a clubhouse or lobby, and have residents drop off their donations. You can also assign specific days or times for residents to drop off their donations. 


In addition, you can also make the food drive more engaging by having a competition among residents or floors. For example, you can have a friendly competition to see which floor or unit can collect the most food items. This can encourage residents to participate and make the food drive more fun and interactive. 


Host an Educational Event!  


People love events that they can use to improve themselves, whether that be financially, socially, or otherwise! 


One way to organize an educational event is to invite a guest speaker or expert in a specific field to come and present on a topic of interest to residents. For example, you could invite a financial planner to give a seminar on budgeting and saving for retirement, or a home inspector to give a presentation on home maintenance. 


Another way to organize an educational event is to have a panel discussion or Q&A session. For example, you can have a panel of local real estate agents, mortgage brokers, and home inspectors to answer residents' questions about buying or selling a home. This allows residents to get information from multiple perspectives and can provide valuable insights and advice. 


By promoting the events, you can increase attendance and ensure that residents are aware of the various educational and informational events that are available to them. 


Take Your Cincinnati Community Further with Management Plus 


Hosting events is one of the best ways to boost community satisfaction and attract new homeowners to your community.  


There are dozens of different events that your association can host, and if done well they can become a cherished tradition! 


How do you prepare a budget for your HOA? Click here to learn more! 


Organizing your community is not always easy. Even the best associations need help from time to time. That is where Management Plus comes in! 


Management Plus is Cincinnati and Dayton's best property association management company, and we are here to help your association thrive.  


If managing your community association has your team feeling like you are stretched too thin, reach out to Management Plus to discover effective community management solutions today! 


Already a satisfied Management Plus partner? Leave us a quick review here! 


Don’t miss out on the best! Follow Management Plus on Facebook, Instagram, and LinkedIn for more free property management tips and community solutions!