Quote:
Originally Posted by Dr Winston O Boogie jr
I moved here about 3-1/2 years ago and $135K was the bottom price, and that was on previously owned villas. Most were in the $150K range.
The price of everything goes up and for those that already own here, that is a good thing.
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I have a theory about patio villas;
(Forgive my generalizations)
Originally TV was designed as a very affordable community, back in the orange blossom manufactured home days. More of a "blue collar" community.
Over time, TV has attracted middle, to upper middle, to upper class folks.
Many who could once afford the "lifestyle" are getting priced out of the market.
The patio villas still offer a reasonable price point, that will allow many people to take advantage of all TV has to offer.
And.. then there are the folks who just don't want a big home. Either they've "been there, done that", or just don't care about the square footage anymore. They are simplifying their life.
I have some tenants that could probably buy and sell me. They just choose to rent. Don't want the headache of homeownership anymore.
They pay me to take their "headaches".