Richmond HOA Guide (2026)
Richmond Metro · Virginia
Richmond's growing suburban ring has strong HOA adoption in newer developments.
HOA Fees in Richmond
$310/mo
National avg: $291/mo
$135/mo
National avg: $170/mo
$205/mo
National avg: $215/mo
Richmond fees are moderate — above the state's rural markets but below Northern Virginia's premium communities.
Virginia HOA Laws at a Glance
Fine cap
$50
Notice required
21 days
Hearing right
Required
- Fine cap: $50 per day, maximum $1,000 aggregate per violation
- 21 days written notice required before fine; must state right to hearing
- Homeowner may request hearing within 21 days — fine suspended until hearing
- Landscaping
- Pool maintenance
- Common area insurance
- Trail upkeep
- Pool
- Trails
- Clubhouse
- Playground
Many Richmond HOA boards face the choice between self-management and hiring a full-service property management company. Management companies typically charge $10–$22 per unit per month — for a 75-unit community that is $750–$1,650/month. Self-managed boards with the right software can handle the same work at a fraction of the cost.
Related resources
Self-managing your Richmond HOA? LotWize is built for boards like yours.
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Start 14-Day Free TrialFee data represents estimates based on available market data and public HOA disclosures. Actual fees vary widely by community, amenities, building age, and reserve funding status. Legal information is general in nature and not legal advice. Always consult an HOA attorney and your governing documents for your specific situation. Last updated: 2026.