Talk of The Villages Florida - View Single Post - Sell in Duval, buying new in south- cost comparison
Thread: Sell in Duval, buying new in south- cost comparison
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Old 02-13-2021, 06:51 AM
richs631 richs631 is offline
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Originally Posted by mvbird View Post
Wonder if anyone else has tried to calculate these costs.

Suppose we sell 2 BR home in Duval (+ or - $250,000) and buy similar new home south of the turnpike for same price?

A big expense would be selling commission, and taxes, but let's take them off the table, assume we sell it ourselves and it's our primary residence so no taxes. Bonds are more expensive down south, amenity fees also. There will be title office costs for us to sell and there will be some costs to buy as well.


Will the effort be worth it ? Is it possible to buy a house where everything is new for the same price you sold your 2006 house for ?
The biggest hit would be taxes and the bond. I personally know 3 people who recently bought Similar sized homes, bond was double and taxes on average $2,200 more for the same size house