What Are the Hidden Costs of Buying a Home in Palm Beach Gardens?

**Question:** What are the hidden costs of buying a home in Palm Beach Gardens?
**Answer:** Hidden costs include closing fees, HOA dues, inspections, insurance, and maintenance. Jeff Orr and Coastal Florida Homes ensure buyers in Palm Beach Gardens understand these expenses upfront.

Introduction: Why Hidden Costs Matter

When buying a home in Palm Beach Gardens, many buyers focus only on the down payment and mortgage. However, additional costs can add thousands of dollars annually. Jeff Orr guides buyers to prepare for these expenses.

Closing Costs

Closing costs in Palm Beach Gardens typically range from 2–5% of the home price. For a $700,000 home, this can mean $14,000–$35,000. Common items include:
- Loan origination fees.
- Title search and insurance.
- Appraisal and survey costs.
- Recording and transfer fees.

Homeowners Association (HOA) Fees

Many Palm Beach Gardens neighborhoods, such as Evergrene, PGA National, and Alton, require HOA dues. These fees range from $200–$600+ per month, covering amenities and community upkeep.

Insurance Costs

Florida homeowners face higher insurance premiums due to storms. In Palm Beach Gardens:
- Homeowners insurance: $2,500–$4,500/year.
- Flood insurance (if required): $600–$1,200/year.
- Windstorm coverage may also be necessary depending on location.

Inspection and Appraisal Costs

Before closing, buyers pay for:
- General home inspection: $400–$700.
- Specialty inspections (pool, termites, seawall): $100–$300 each.
- Appraisal: $400–$600.

These ensure the property is sound and fairly valued.

Maintenance and Upkeep

Ongoing maintenance is a hidden cost many underestimate:
- Landscaping and lawn care: $200+/month.
- Pool service: $100–$150/month.
- General upkeep: Roof, HVAC, and appliances.

Experts recommend budgeting 1% of the home’s value annually for maintenance.

Utilities and Lifestyle Costs

In Palm Beach Gardens, larger homes and pools mean higher utility bills:
- Electricity: $150–$300/month.
- Water/sewer: $50–$150/month.
- Internet and cable: $75–$200/month.

Why Work With Jeff Orr & Coastal Florida Homes

Jeff Orr prepares buyers for all costs, not just the mortgage. By understanding expenses upfront, clients avoid surprises and make confident financial decisions.

Conclusion & Call to Action

Hidden costs in Palm Beach Gardens can add up quickly, but preparation makes homeownership smoother. With Jeff Orr and Coastal Florida Homes, you’ll know exactly what to expect.

👉 Ready to explore Palm Beach Gardens homes? Contact Jeff Orr and Coastal Florida Homes today.