Talk of The Villages Florida - View Single Post - Resale homes priced higher than new?
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Old 08-21-2012, 10:32 AM
Peachie Peachie is offline
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Quote:
Originally Posted by KEVIN & JOSIE View Post
Just wondering why some resales are priced so much higher than a new home? Looked at new At Ease Cottage homes with prices in the $160K range. Saw some resale At Ease models in the $190K range. I do understand if the resale has extensive upgrades, premium lots, but most of the resales seem to be the same as the new. $30K seems to be a hugh difference. You could do a lot of upgrades with $30K on a new home. Can anyone explain this? I've seen the same on CYV'S. Thanks
Kevin, it would vary from home to home, of course, but location may be a large factor and consider there is no leeway for negotiation when purchasing new from The Villages whereas a resale may adjust down $10,000 or more in the final offer, extensive upgrades can add up here in a hurry. An excellent landscaping job alone could add $10,000 to $12,000. I would definitely consider a resale along with a new home.