Quote:
Originally Posted by Randall55
Great! Someone who lives in Lake Denham. In the past, new villages have sold out very quickly. Yet, homes in Lake Denham have been sitting empty for months. Is there a reason for this? I am asking because I am a contractor. I would like to buy a home to remodel then sell. I have been scouting the area for months. Same homes (and lots) sitting empty month after month. I do not understand why. Any info you can provide will help. Thanks!
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You want to buy a new construction home to remodel? Okay.
As I said in a previous post, the homes in my area are selling a few per week. As you would expect, view sites are gone fast. Interior lots are sitting longer.
There are likely many reasons for a slow down. First, the market has been slow. I think I read something like slowest in 12 years.
Second we are just getting out of the holiday season, which is generally slow.
Third, it's still a slow time of year until Spring market. It may not matter as much in Florida but people up north have to sell in the best market.
4th, I suspect people are waiting for Eastport areas. I think Moultrie Creek is selling fairly quickly. Personally we went to visit, didn't care for the Eastport area as it looked too wide open without a lot of preserves. I could have been wrong but when we found a great lot with a great model we decided we liked Lake Denham.
We are 30 minute cart ride to Brownwood and 10 minutes to Sawgrass. Leesburg stuff is very close. I'm a bit baffled by the people saying we lack amenities. We have 3 decent rec centers. Franklin, Homestead, Ezel, all very close.
One downfall of Lake Denham is no neighborhood pool, which is odd. We have Dabney if we want it.