Quote:
Originally Posted by Michael 61
Here’s my understanding (and please correct me if I’m wrong) - Middleton is being built for the families of people who work within the confines of The Villages. It is not open to families where both parents work outside of The Villages. Though there are some decent paying jobs for workers within The Villages, I would guess most service-level workers within The Villages do not earn enough to qualify to secure and make the necessary mortgage payments to live in Middleton. Those earning minimum or slightly above minimum wage will probably need to continue to rent at apartments slightly outside the bubble.
I am sure the developer did a lot of research into who would be their “target” buyer within Middleton, and thus building homes they feel will sell to this audience, I was just thinking that Middleton will only offer housing to just a certain segment of the overall Villages workforce. Curious what is the size of that segment?
|
Middleton is open to anyone, even if both parents don’t work in The Villages at all. My son was looking to buy there but bought somewhere else.
The main issue is that the schools (very nice by the way), required that at least one of the parents, work in The Villages. If unable, then the kid(s) need to go to a county/town designated school.
In terms of pricing, I think homes are reasonable in Middleton, comparing with other areas. When my son was looking there a few months ago, they had models starting out around $190K and up.