Quote:
Originally Posted by texasfal
I have not found this to be true. I built my designer home in Springdale, the village next to Woodbury in 2003 for $179,000. Had it appraised last year for refinancing for $245,000.
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To be fair, my Aunt had her house built with many extras that drove the final cost up to the point that she can't recover those costs even with local appreciation. We all know that real estate is local and I assumed it would be applied Village wide, but that is not the case. Wide price disparity exists among similar homes within the Villages based upon geographic location.
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