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Andover

Minnesota

21

HOAs

has

$2,272,908

collecting

per year

1342

Households

from

Average Reserve Funding (%)

53.8

Ideal is 100%. Below 30% indicates high risk of special assessments. Above 70% has low risk of special assessments.

Average Monthly Payment ($)

157

Part of this payment is used to cover operational expenses. The other part is saved in the Reserve Fund to cover future maintenance.

Averages

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