Quote:
Originally Posted by ROCKETMAN
Just a question directed to villagers who own small ranches or villas and have lived in them for over 7 years. How much more do you think your home is now compared to the purchase price? We have a 2-2 austin, paid 162,500 in 2005. Between landscaping, all tile floors, better countertops, and other misc. items, have spent 20,000. At most i don't think i would get high 160's. This in part because we bought at the absolute highest prices and you reach diminishing returns when adding on to a smaller home.
|
I posted a new thread about this today. I am a wannabee, currently doing a short term rental in The Villages. Yesterday I attended an open house for a patio villa in Bonnybrook (this villa had very nice upgrades, and a brand new roof was installed on it by Owens Corning last week because of shingle issues for patio villas in Bonnybrook). List price for this patio villa was $154,000. The sales agent (an MLS agent, not a TV agent) who had this listing predicted that this patio villa will be worth close to $200K by 2016 because homes in TV will appreciate that much in 3 years because of the build out. Don't know if this agent is knowledgeable or not, just repeating what he told me.