Talk of The Villages Florida - View Single Post - Historic Side Neighborhood revitalization Confirmed
Thread: Historic Side Neighborhood revitalization Confirmed
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Old 07-03-2014, 01:53 PM
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Originally Posted by graciegirl View Post
The rest of us who enjoy our well built homes will be so happy to see the historic area invigorated with new homes.

It is only going to be nicer.
I think that the process of newer homes replacing older ones has been in place, naturally, for many years. If the developer is buying some homes and intends to replace them with nicer ones, he's only speeding up the process.

My only question is, If he is paying $100,000 for homes that he intends to tear down and replace, why would he go after the homes that have been abandoned that he can buy for $39,000? If he's paying $100,000 for just the lot how much is the house that he puts on it going to be worth?

I know several people that can afford to live on the other side of 27/441 but like it over here. But I don;t know how many people are going to be willing to spend $250,000-$300,000 to live over here.
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