As others have said, its a mix of pluses and minuses. The price you actually pay for a used villa will be less than the asking price. And you will have less or no bond to pay. This could easily equal $20K, and would pay for upgrades and maybe leave you some left over. Then you look at location, location, location. Many people would prefer to be centrally located such as Winifred, Belvedere, Virginia Trace, etc. as opposed to the newer sections south of 466A. That central location will cost you a little more, but you'll have an advantage should you sell in the future - those central locations tend to be more coveted.
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