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Old 12-20-2020, 06:23 PM
John41
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Quote:
Originally Posted by Indy-Guy View Post
I had a friend that was looking at Top Of The World and Del Webb in Ocala. I looked on Zillow and was shocked that most of the resale homes sold for quite a bit less than they were purchased for several years before. Depreciation not appreciation. This was several years ago so I don't know the current status of these areas. But resale value would be very important to me. Yes you can get more home for your money in other developments but are you likely to lose money if you decide to sell. Not to many people lose money on their homes in The Villages. I have been in The Villages for 15 years and only know one person that sold their home at a loss and that was because they were in a hurry to sell and purchase another home in The Villages.
I think some of the lots in OTOTW are leaseholds so they would depreciate over time.