Talk of The Villages Florida - View Single Post - Construction Update #118 – Is Sawgrass Grove the New Party Central?
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Old 11-02-2022, 03:03 PM
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Quote:
Originally Posted by bark4me View Post
Just a heads up. The Village of Newell is in Lake County. I was also told that their bond is starting at 48k
Yes, the bonds continue to go up as costs go up. It is unrealistic to attempt to compare bonds in CDD14 with the bonds north of SR44 or event the Fenney/DeSoto area. There is nearly 8 years difference in the bond issuance dates which means 8 years difference in costs. It's comical to hear people compare the bonds rates in CDD13/14 to those area farther north, there's 20 years difference between CDD14's and CDD5's bonds, cost change, compare the cost of a new 2022 car and a 2002 car.

Even if the bond method wasn't used, the cost of a new house would still contain these increased costs.

As far as the starting rate, it varies, so far what is posted goes form $23k for a villa to about $48K.
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