Quote:
Originally Posted by DrMack
We are purchasing in Dabney and are very excited! There is a major concern though. I have read some threads here and we know we don’t want VRBOs or short term rentals near us. Are there any places that guarantee this in the villages? We would like to take care of our new home and don’t necessarily want to to step into that kind of a mess. Any help would be appreciated.
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There is no area of The Villages, where STR's are clearly prohibited. There is an argument that the "no business" language in the Deed Restrictions would apply to STR's, but no one has been willing to press the issue in court.
This post sums it up.
Quote:
Originally Posted by margaretmattson
I live in a CYV that is walking distance to a town square. In the past three years, rentals have been increasing in my neighborhood. The street I live on now has 10 rentals. I have spoken to many homeowners who are surrounded by investment homes, like myself. I agree that it seems the lowest priced housing is rental heavy I.e. patio villas, ranch style homes, and court yard villas. My area is rental heavy because it is close to a town square. If you purchase a designer home, I believe you will have a better chance of avoiding rental properties.
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If you opt for a more economical choice of homes, you're likely to get what you pay for. Patio Villas & Courtyard Villas are what they are. Glorified apartments, with little or no separation from your neighbors, limited parking, shared property areas and just about every other negative you'd associate with the bargain basement solution. The old adage, "you get what you pay for", certainly applies in those neighborhoods. It's sort of like buying in the so-called "historic district" ... don't be surprised if you're living next to a trailer.
"Renters" are much more likely to choose the most economical solution, which means renting in the less desirable areas ... patio villas, courtyard villas, historic district, etc.
The folks living over in Bridgeport, certainly aren't complaining about all the renters in their neighborhood.