Talk of The Villages Florida - View Single Post - Home values
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Old 05-25-2013, 05:36 AM
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CarolSells CarolSells is offline
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Originally Posted by Schaumburger View Post
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.
Wow. Any agent who offers predictions on the future value of a property is a fool IMHO. Please don't make a decision about a purchase based on info like this which is based on nothing more than wishful thinking.