Quote:
Originally Posted by YodaMom
Although we are not in a position to buy right now, I do have a question about 2005 prices of the Wisteria design home and also an amarillo ranch home. I am just curious as to how much the value of these homes have dropped. We bought our condo in Florida in 2005 and we know how much this has dropped which is why I am asking about the Villages.
Thanks.
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I bought a Gardenia in 2005 (closed in June) and the value of the house today seems to be approximately equal to what I paid in 2005 as far as I can tell from looking at the similarly equipped new homes. Perhaps they've dropped some since 05, but it's tough to tell,
Here is a chart form Zillow.com that shows the market in TV over time. Looks from the chart that Jan 05 & Jan 0-9 are about the same. 09 does show a downward trend though. TV certainly appreciated more than Florida on average so the folks who bought at the peak are down a lot.
http://www.zillow.com/local-info/FL-...es-home-value/