Talk of The Villages Florida - View Single Post - Bonds. Whats the real deal?
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Old 04-29-2014, 02:37 AM
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Bonanza Bonanza is offline
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Quote:
Originally Posted by gomoho View Post
Bonanza - I recall reading when Fruitland Park was announced designers would start at $500k. I believe the lots will be larger, don't know how bare bones they will be, but since the bond will be included in the price of the home they will definitely be priced higher. Wonder how that will affect resales in the preowned section. They may sound like a better deal at first glance.
Quote:
Originally Posted by Birdie Dreamer View Post
This information was all contained in the Development Project proposal the developer submitted to the Fruitland Park commissioners last fall.
Quote:
Originally Posted by janmcn View Post
Fruitland villages - Development Started


Here is one of many threads about the Fruitland Park development. As I recall, the first homes will be available in the fall of 2014. Because there are no infrastructure bonds allowed in Lake county, the prices of the homes will include those costs. Designer homes will start at $500,000, and CVY's will be in the $200,000 plus range.

You can search for other threads on this subject by typing in Fruitland Park on the search drop down at the top of the page.
With the additional information provided,
it makes the higher price make more sense.
At $500,000 as a base price for a designer house,
these new Villagers will need deeper pockets.

I also think that this will make the existing designer homes
more desirable -- hence higher prices.
We'll have to wait and see; time will tell.
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