$1.9 Million Renovation - World of Tennis Condominiums
The renovation project approved by the World of Tennis Homeowner´s Association is now complete. The exterior siding has been removed and new siding added. The areas at the end of each building that had wood fences has been replaced by "Hill Country" broken face limestone. The front walks have been removed and new walks and stairs built. New gutters have been added. The roof was replaced a few years ago due to a hail storm. In a project jointly approved with the Lakeway Mud, all the sewer in the backs of the condos are being replaced. Lakeway Mud has completed all of the five clusters.

In the past, the Homeowner´s Association has allowed the owners very few options in regard to the exterior improvements of their condos. This policy has changed. We have developed guide lines allowing the owners (with Board approval) to add or expand patios, add new doors or windows, add porches or balconies, any improvements that expose more limestone, or consider any improvement that the Board believes will improve the condos or not be detrimental to any of the adjacent owners.

Over the past 20 years, we have personally managed the renovation of over 30 of the condos. The owners have spent from $10,000 - $55,000 in updating the condos. With the exterior improvements that are now taking place, I would anticipate that many condos in the future will have $30,000 - $50,000 plus in renovation. With the prices as reasonable as they are, most of the renovation cost could be included in the sale price and loan.