The Board of Island Gate is considering the options available to us regarding our decks and is looking for input and information from our property owners.
Details:
When our homes were built the decks were the responsibility of the individual property owner. Several years ago a prior board had the responsibility for maintaining the decks shifted to the Homeowners Association. When this was done the funding for this new association responsibility was not established.
Our current consideration to maintaining our decks has several options and in order for the board to make a decision we are surveying the homeowners for their opinions. Our decks were treated four years ago, which was the second time since the construction of our community.
The decks need to be refinished and some need repairs need to be completed first. A majority of the repairs are cosmetic in nature but need to be completed prior to applying a finishing coat. A product that we are considering is Cabots Deck Correct. This product provides a coating that claims to fill cracks up to ¼ inch. Full details can be found on the internet.
We are considering having the deck planking replaced with a PVC or composite material (ex. Trex). This type product does not require staining or sealing in the future. The product can use a clip system that attaches from the side of the board.
The advantage of repairing and refinishing is a lower price now. The disadvantage is future refinishing/repairs costs. The proposals to refinish all decks from professional contractors are in the $70,000 range. We are estimating repairs to the planking to cost approximately $20,000.
The advantage of replacing the planking is that it is a more permanent product that requires minimal maintenance (cleaning). The cost to replace the planking on all units would be in the $150,000 -$200,000 range. This would eliminate future planking repairs due to weathering and would lower future refinishing costs, since the planking does not need refinishing.
The cost to complete either project would not require any assessment and would not require our maintenance fees to increase. In order to help us make this decision please fill out the attached survey and send it to our management company by July 21st: Association Advisors 100 Market Yard Freehold, NJ 07728.