[twoplanekid]

While living in a Holley, I originally fell in love with the Bridgeport design. The Bridgeport is now called a Livingston in the new Verandas style of home. The prices for these new homes seem to be listed around 10% less than a traditional new Bridgeport. The floor plan is the same but with fewer tile areas and less expensive counter tops. The outside area as advertised is minimal.The Verandas offer less yard and frills for a lower price point. Their price pressure on the sale of pre-owned homes of the same design may be a challenge to overcome.

We who have been through the fixing up of a new home understand the value difference. As the spread between new and resale becomes even larger, it’s more difficult to make people understand the reasons.

This is not to chastise the Developer in anyway as they are free to do as they please. It’s a smart move by then as they say the Verandas have been requested. It’s another lower priced new home that may increase their sales. Good for them.

Yet, it would seem to have somewhat a negative effect on home resale pricing. The redeeming effect might be more people interested in moving to the Villages so more potential buyers for both old and new. That’s all of my ramblings as I am looking at a new Bridgeport Veranda overlooking a retention pond at a price far less than up north. I don’t know why I do this because my wife says we well will never again move.