I mentioned this in a post just yesterday on if T V will abandon the "north" historic area of T V. Yep, there are people that are currently building slab homes in that area.

One would carry insurance prior to and during the build. T V would have say in what can be built as per it is deed restricted land no different than say a home burning down anywhere in T V. ARC would be involved in that process, how could they not be if you have to get most everything approved in TV? Not to mention the county process for construction as well.

Many requirements would need to be met. Such as square foot requirements would need to be met as manufactured homes replacement would need to be approved by TV ARC or the Developer. RV's and tiny homes would be a "no" for obvious reasons. These things would make sense in a deed restricted community. Replacement of a home is covered in deed bylaws.

Its not complicated to figure out. People are paying a premium for those lots determined by current seller prices, no bonds would be due to infrastructure being paid off, $$ for removal of old homes, and building cost. Pretty basic real estate concept for older manufactured homes from the late 70's that are falling apart. Sell the thing for the land use as the lot falls under "location, location, location." People are investing in the "north" side of T V and are paying a pretty penny to do so.