Talk of The Villages Florida - View Single Post - ? for those who have purchased older homes
View Single Post
 
Old 05-16-2023, 03:53 PM
kkingston57 kkingston57 is offline
Soaring Eagle member
Join Date: Mar 2020
Posts: 2,121
Thanks: 62
Thanked 930 Times in 540 Posts
Default

Quote:
Originally Posted by roadrnnr View Post
We are looking at homes in the 15 -20 year old range in Sumpter county simply because of the location and lower tax
Working with a realtor and we told him to only show us houses with new or newer roofs because of all the stories I have heard about insuring with an older roof.

My ? is if purchasing a house in that age range with a new or newer roof is the price of insurance back to reasonable levels.

He is telling me I could expect to pay about 1200-1500 a year with a house that age with a new roof.

I would like to hear from anyone who is actually in that situation.

We just came back from a lifestyle visit and it was everything I expected and more.

Thanks
We have house insured for 300K in Sumter County. Roof is 8 years old and house is a 25 year old frame home and our premium is <$1500. Bought policy before hurricanes in 2022 and suspect that our premiums will be in the 2K range next year.