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FAQs

Common questions regarding governance, HOA, financing, and more can be found bellow:

HOA and Management​

Question: What is the role of the HOA in maintaining community spaces?

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Answer: The Home Owners Association (HOA, which is managed by all residents, will be responsible for the upkeep of common areas, including the water features. HOA fees will cover maintenance costs, and the community will collectively decide on any changes to the management of these spaces, ensuring resident input is valued.

Pricing and HOA Fees

Question: What are the costs of the housing units and associated HOA fees?

 

Answer: Pricing for the units will vary depending on their size and location. We anticipate that HOA fees will be structured to cover essential services like maintenance, insurance, and community management. The exact amounts will be finalized closer to the completion of the first phase.

Resident Involvement in Governance 

Question: How will residents contribute to the creation of community bylaws and protocols?

 

Answer: Residents will play a crucial role in shaping the community's governance. Once the first houses are sold, the new homeowners will be involved in updating the community bylaws and protocols through a collaborative process, ensuring that the community reflects the values and needs of its members.

Timeline For Housing Units

Question: When are the housing units and duplexes expected to be completed?

 

Answer: The first two homes were completed in the Autumn of 2024. The duplexes are under development review as of Spring of 2025, with construction expected to begin Summer of 2025 and ready for move-in, Spring of 2026.

Options for Potential Buyers

Question: What options do you offer for those interested in the community but not ready to purchase?

 

Answer: We understand that some may not be ready to commit immediately. We offer several types of pre-sales contracts for those interested in reserving a unit.

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Have more questions?

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Terra Futura

West Asheville, NC 28806

(828) 747-0797

info@terrafuturafarm.com

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