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, 01:41 PM
Pairadocs Pairadocs 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 ?
Have wondered this many many times and you stated it, great, can't wait for the variety of answers ! I wondered about property taxes, seems those I know who built here long ago now, move to a small house and their tax bills become higher, yet, full time like us and homestead exemption, so not sure how that would work, or even with an even exchange in value like $250K home for $250K villa ?