Talk of The Villages Florida - View Single Post - ? for those who have purchased older homes
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Old 05-16-2023, 04:59 PM
DAVES DAVES is offline
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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.

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We, wife and I debated buy new or resale. I wanted resale, in plainspeak used, she wanted new. So of course we bought new. That was nine years ago. A major advantage of buying new is that everyone moves in together making it easier to meet people. A resale, they do not depreciate so it is not cheaper. Nothing lasts forever. It is not just the roof. The air conditioning most likely a heat pump, heating and cooling. That also lasts like 14 years. The hot water heater, also needs to be replaced in like 14 years.