Quote:
Originally Posted by retiredguy123
I could be wrong, but I don't think anyone can build a new house in The Villages except the developer. Also, I think it would be foolish for anyone, including the children of deceased residents, to sell a house for less than market value. Some of the manufactured houses that are well maintained are worth a lot more than $90,000. I also think that the location in Lady Lake is more desirable than some of the new areas being developed.
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You are wrong. Many homes have been and are still being built on the historic side by contractors other than The Villages. Secondly the overwhelming majority of the manufactured homes TV purchased on the historic side were the original single wide's. Given maybe 6 years ago and most of the homes purchased were interior lots not golf or waterfront, $90K was reasonable compensation. If not why would so many sell ?