We purchased our CYV in April 2010 and sold it December 2011. It was a model home fully furnished. We added landscaping, tiled the lanai, laundry room cabinets, accent wall painting, etc. We had our home appraised and was told the usual sell price would be approx 96% of the listing price.
We sold in about 28 days and we are happy with the final sale price. You cannot look at the amount you put into your home, because you will not get always get it back, but what it does do is to make your home more saleable and different the other CYV's that are on the market.
We are currently building in Sanibel and will close end of February. We have been happy with the choices that have been made available in TV and look forward to be a part of the new Village of Sanibel.