Talk of The Villages Florida - View Single Post - Hacienda GC
Thread: Hacienda GC
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Old 09-10-2020, 07:37 PM
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Quote:
Originally Posted by dewilson58 View Post
The point of this discussion within this thread is the home values next to the AL buildings. Knowing the risk or not is not relevant. The values of the homes on 466 and 466a have not been negatively impacted by non-single family units.
Knowing the risk, or not, is very relevant because the price paid for the homes in question had the risk already reflected in the price. Once the risk became reality it was already reflected in the price and therefore did not have a negative impact.

On the other hand, the people who paid a premium for homes at HH had no reasonable expectation of what would eventually happen in their neighborhood. That risk was not priced into their purchase price and will definitely have a negative impact on the value of their homes. I guess it will take time to tell exactly how negative it will be, but it will be negative.