Quote:
Originally Posted by fruitcup
Are the prices for new home lots in the Villages going down in parallel to the market shift with existing homes? Thinking of building and wondering if a resale might be a better way to go financially. On the other hand, is it less expensive to build a new home if the Villages offers lower pricing than existing homes?
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I can only speak to our experience but we fully intended to buy a resale home in between (or slightly south of) the sixes. The MLS/VLS list prices seemed a bit higher than new but assumed that was because of location and upgrades. Maybe our requirements, such as a two car + golf car garage put us out of reach of a resale but the difference in prices was tough for us to get past. For considerably less money, even including the bond, we got a new (spec) home in what appears to be a great neighborhood, for considerably less money.
To maybe better to get to the point, at least for us, the spec home we bought was considerably less expense and had everything we wanted plus some stuff we didn't know we needed
I would think building a home would be similar but it may be tough to avoid all the upgrades in the design process.