Talk of The Villages Florida - View Single Post - Home values/resell
View Single Post
 
Old 05-22-2024, 05:36 AM
TeresaE TeresaE is offline
Senior Member
Join Date: Feb 2022
Location: Redbud Villas
Posts: 170
Thanks: 219
Thanked 178 Times in 83 Posts
Default

Quote:
Originally Posted by BPRICE1234 View Post
It appears that the used/pre-owned homes cost more than new. I understand that making a house your home takes money.

My question is home appreciation almost guaranteed in TV? We are looking in Denham/Dabney area but really want Eastport when it gets closer to being finished.

Should I take the discounted price and bank on a decent return when I sell in 3 years? I see so many listed and they don't seem to move that fast on the pre-owned.
Two reasons the price on a preowned property with the same floor plan is more than new build. First, aftermarket improvements and second, location. Houses near the squares and golf cart accessible shopping sell for more. The current “sweet spot” is between Lake Sumpter and Brownwood.