Quote:
Originally Posted by Switter
Yeah, I think this is the scenario I'm in. I bought last summer and probably overpaid a little for the place I bought, but I also sold my place in Minnesota for a great profit and was able to reduce my mortgage down here significantly. I don't think I could swing that again.
I think if you can find an area you like you should be OK. For example, if you like the quiet, then you don't wanna be right on a busy road like Morse, Buena Vista, or the turnpike and you wouldn't want to be too close to a rec center (Pickleball courts) or town square. I remember I was looking at a cheaper place on El Camino Real that backed right up to the road, which can get pretty busy. After I bought my place I would regularly drive on El Camino Real and noticed a sewer smell close to the location of the other house. Turns out there's a sewer plant nearby. Really glad I didn't buy that place.
From my observations, the north part of the villages has less traffic. This is probably because as the villages goes south, it gets geographically wider, which means more homes, more people, and more traffic. That's not necessarily good or bad it just depends on what you like.
The north (north of 466) is more like regular neighborhoods with mature oak trees, whereas as you go south it's more palm trees and resort-like.
Lastly, and probably most importantly, it's very easy to get distracted by aesthetics of the villages while looking around (because it's all so beautiful) and you can end up missing the little things in a specific location that could turn out to be really important for you later on. I suspect that accounts for at least some of people who move multiple times.
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One thing happened to us was that we moved to a house on a lake. Which was very nice most of the time. Then SURPRISE !!!! in 2017 it dried up during June or July and then in September, Irma hit and filled it back up. While the lake was dried out, besides all the fish dying out, the area started to SMELL like swamp gas as the underwater vegetation dried out and DECAYED. Then and to this day, I believe that the powers that be pumped out the lake during the drought to WASTE the water by spraying it out over the various GOLF COURSES. I imagine that golf course grass is more important than human lungs getting messed up by the STINK of swamp gas.
.....So, basically, everything has an upside and a downside. The trick with real estate is to TRY and visualize if there are any downsides that you don't see at first.