Benchmark Your HOA
What Every Owner and Investor Should Know
Compare operating performance and cost structure—without needing deep accounting expertise
Benchmarking a homeowners association (HOA) is one of the most valuable (and most misunderstood) things a condo owner can do. Done well, it helps answer practical questions like:
Are our operating costs reasonable for what we maintain and deliver?
Are our vendor contracts priced and structured competitively?
Are we getting strong service outcomes for what we’re paying?
Where are the operational inefficiencies that quietly inflate dues?
The challenge is that meaningful benchmarking is hard without detailed operating context, familiarity with how HOAs run across Myrtle Beach, and a deep understanding of how contract terms affect real-world costs. Many owners end up comparing dues alone—which is rarely a fair or useful comparison.
What we benchmark (and what we don’t)
We benchmark operating performance and cost structures.
That means we focus on how an HOA functions day-to-day, what services it pays for, and how those service agreements are structured.
MPG’s approach: benchmarked against the best-run HOAs
At Meliora Properties Group (MPG), we’ve built a proprietary HOA benchmarking analysis designed specifically for Myrtle Beach condos. We compare operational performance and contract structures against best-performing HOAs and best-in-class vendor agreements—so owners can see what “good” actually looks like.
For existing HOA members interested in benchmarking their HOA’s financial performance, we hope our tool may provide some insight. For deeper insights and specific, actionable strategies, we enjoy partnering closely with our clients to help them realize their investment objectives. Please note: this tool is ONLY available to existing HOA owners.
