Talk of The Villages Florida - View Single Post - The Villages Q2 Real Estate Update
Thread: The Villages Q2 Real Estate Update
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Old 08-01-2022, 02:46 PM
Boilerman Boilerman is offline
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Originally Posted by flower7330@gmail.com View Post
We are looking at some of the new spec homes in the new areas. The prices have gone up from last year but they still aren't as high as the pre owned homes in other areas of TV. My question is why are the preowned homes so much more expensive than the new homes. It doesn't make sense to me.
Can someone please explain this to me?
It’s not unusual to see a pre owned home with $50k of upgrades. Some listings claim $150k of upgrades. A pre owned home less than 10 years old with a bunch of upgrades is a better value than a brand new home.