Quote:
Originally Posted by fflmaster
I am sure this is discussed in Nauseam, but can’t seem to find much on a search with recent opinions.
I expect my wife and I will want to design our house vs purchase an already made and ready new home if we go in the new home direction.
However, looking at locations TV releases to build lots on the price can go from 5k to 200k.
I get the idea of pick what you can afford and want, but I am still the kind of person that needs to confirm value. Say, we decide to move to a new location in 10 years. I don’t want to loose 200k in value. Up North, the area and size of house would all be similar in price. View would not mean anything to valuation of sale.
So, do the golf course views really sell for 200k more than a same style home without the view? Or do you understand and accept a loss if you purchase the view?
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When I moved to The Villages almost five years ago, I bought a house with a pool on a golf course. I loved the view and the privacy and appreciated the big trees that blocked the late afternoon sun. After a couple years, though, I sold it and bought a smaller courtyard villa that was even quieter and more private. Most important, I’m now mortgage free and have an extra $1,500 a month to spend, for life. I came to realize that while I love The Villages, I don’t much like being outside in the heat and only rarely used the pool. I admired my view, but from inside the house.