Quote:
Originally Posted by Rainger99
It seems that a lot of pre-owned houses are for sale - and the asking prices are significantly higher than the purchase price even for houses built in the last five years.
Assume a home with a view (golf course, water, preserve) and a home without a view (wall or kissing lanai) and that there have been modest improvements in all homes (no pools) but some upgrades and landscaping totaling no more than $25,000.
Ballpark, how much should a new home (veranda, designer and courtyard villa) increase in value after 1,2,3,4, and 5 years?
Has there been a significant change now as compared to houses built in 2015?
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I live in a courtyard villa from 2021 near sawgrass. The entire neighborhood are courtyard villas with siding. I had one neighbor who paid 325K for her pond view, built a pool and sold it for 600k. 2 others with no view and a house directly behind the fence, originally sold for 245K both sold for 400k last year. They basically price their homes according to how many rooftops you can see from your back yard. So i was told…..