And as others have pointed out, the bond amount varies between areas in The Villages. The reason is, of course, WHEN those areas were built. We all know, prices for materials and labor have risen significantly in the last 20 years. Since the bond amount is determined by how much it cost the developer to put in the infrastructure, those new areas that are built today will cost much more than those that were built 5 years, 10 years, and 20 years ago. So the bond for a resale north of 44 is going to be less than those newer homes south of 44. And I suspect, the bond will be more for those new homes to be built south of the turnpike than those north of the turnpike.
|