True Cost Analysis · Courtyards of Hyland Meadows
What Hyland Meadows Really Costs — Both Associations Included
The Epcon HOA is only part of the bill inside Jerome Village. Here is the full carrying cost with the master association counted in.
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Talk to a Specialist →Year-one carrying cost
Modeled on a $550,000 Epcon ranch inside Jerome Village, Union County, Jonathan Alder school district. Planning estimates, not a quote.
| Component | Monthly | Annual |
|---|---|---|
| Property tax (Union County) | $733 | $8,800 |
| Epcon community HOA | $265 | $3,180 |
| Jerome Village master association | $80 | $960 |
| Homeowners insurance | $150 | $1,800 |
| Total carrying cost | $1,228 | $14,740 |
The dual-association trap, quantified: The master association adds about $960 a year — nearly $10,000 over a decade — on top of the Epcon HOA. A buyer who budgets only the Epcon figure undershoots the true monthly cost by roughly $80. It is not a dealbreaker; it is a number you must know going in.
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10-year projection
| Year | Tax | HOAs (both) | Insurance | Year total |
|---|---|---|---|---|
| 1 | $8,800 | $4,140 | $1,800 | $14,740 |
| 5 | $9,714 | $4,660 | $2,106 | $16,480 |
| 10 | $10,989 | $5,402 | $2,562 | $18,953 |
| 10-yr cumulative | ~$99,200 | ~$47,400 | ~$21,700 | ~$168,300 |
At roughly $168,300 over ten years, Hyland Meadows is the most expensive to carry of the three large communities we model — driven by the higher home price, Union County tax, and the second association. For that you get the most polished setting and the Jonathan Alder schools that support resale. Whether the premium is worth it is a lifestyle judgment, but at least now it is a judgment made with the real number.
The three large communities, side by side
| Community | Yr-1 carrying | 10-yr cumulative |
|---|---|---|
| Mulberry Run (Grove City, $410k) | $11,429 | ~$130,600 |
| Del Webb Maygrass (Plain City, $475k) | $13,775 | ~$157,400 |
| Hyland Meadows (Jerome Village, $550k) | $14,740 | ~$168,300 |
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We will confirm the current Epcon and Jerome Village dues plus the parcel tax on any home you are watching.
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