Talk of The Villages Florida - View Single Post - Effect of Poor Golf Course Conditions on Property Values in TV
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Old 03-09-2024, 10:43 AM
BrianL99 BrianL99 is offline
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Originally Posted by Laker14 View Post
I should have been more clear about my concern. I agree with you in that the developer will do what needs to be done to keep selling new houses in new villages. What I meant to express was a question on how deteriorating conditions in the established areas, where most of the courses are, might negatively impact the values, say, north of 44, or between the 6s.

As ownership of the executive courses turns over from the developer to the districts, their maintenance becomes the property owners' responsibility. As the next decade goes by, and those of us in the older established villages age, and maybe age out of TV, we will be more and more in competition with the new developments. If our amenities look old and untended, be they rec centers, pools, golf courses, landscaping etc. we will lose that competition, and badly.
I wondered the same thing, before I bought in TV. I don't worry so much anymore, as I understand the Developer's business model much better.

What happens in other areas of TV (older vs new), reflects on the community as a whole. Looking at TV from the outside looking in, there is no "south" or "north". It's all The Villages. The Developer knows this and will protect his best interests, without regard to new vs old (I think). The CDD's generally do what the Developer wants done. Drive around the Glenview area and see how that "older section" has "deteriorated".

My take on the subject, is here: FL Senate Bill 280 heads to DeSantis to sign