Talk of The Villages Florida - View Single Post - Real Estate in TV since covid19
View Single Post
 
Old 05-01-2020, 06:03 AM
MandoMan MandoMan is offline
Platinum member
Join Date: Feb 2020
Location: Tierra del Sol
Posts: 1,922
Thanks: 2,540
Thanked 2,158 Times in 935 Posts
Default

Quote:
Originally Posted by Kenswing View Post
I get notifications from Realtor.com when prices drop. There have been several substantial price drops lately.

There's one house in McClure that I started a thread on months ago that started out at $959,000. It's now $875,000..
Homefinder - The Villages(R) Homes and Villas for Sale
Did you see the gigantic closet in that house? Wow! And that beautiful covered and uncovered patio covered with travertine and the beautiful built in outdoor cooking area, and that amazing kitchen? It’s an astonishing house, though you are right about the garage being inadequate.

It’s hard to show houses right now. Open houses aren’t allowed. It’s hard to sell houses that can’t be shown. People who can’t travel are less likely to travel to The Villages to buy houses they aren’t allowed to see and enjoy amenities that are closed.

Also, for every hundred buyers who can swing $250,000 for a home, there may be only one willing or able to pay $875,000. It’s not that people wouldn’t like to have it. Actually, for that level of finish and that size, I’d say that were it not for the small garage, that’s easily a million dollar house. If you have the money.

Once people can travel and houses can be shown, the market will take off. Those who can wait a few months will do fine.