Talk of The Villages Florida - View Single Post - New Homes vs Resales
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Old 08-15-2009, 06:43 AM
2 Oldcrabs 2 Oldcrabs is offline
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Default New Homes vs Resales

We are retiring in 6 months. Will be down the month of Oct. to look for a home. New home prices have dropped considerably from our 1st visit in 2005.
Gardenia home including Bond works out to be $135 -$150 per sq ft. This is with Thermal Pane windows, High efficient A/C and other extras that were not included in 2005. Resale Designer homes appear to be selling for $150-$180 per sq ft plus the cost of the bond balance in some cases. ( Also wall paper to remove and repaint)
What am I missing here? Is there a reason to look at resales?