Quote:
Originally Posted by rubicon
If Rocketman's information is correct the mark up on homes here is really high.
I know a number of people who bought when TV said take it or leave it and after they bought ended up remodeling to their specifications...some spending really big bucks.
The housing market is spotty around the country. However, initially the draw here was the Villages Lifestyle but perhaps that is not enough any longer due to the increase in size and population etc? In my view there has always been a lot of conceit on the part of the developer but then the developer has always found a way to pull a rabbit from a hat.
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Do you mean the margin? or the markup?
Hard to tell, construction prices and materials don't usually go down in price over time and I would guess that over time the great teams here who build homes have gotten raises... and any business anywhere is going to get as much as they can for a hot item.
For instance...what pair of athletic shoes, ANYWHERE is really worth over a hundred dollars?? Or Jimmy Chu shoes, I wouldn't pay those prices??? BUT if you can get it...that is what they will sell for.
A home's price is and always will be what someone is willing to pay for it. They have adjusted their prices before...on the Cottages at Lake Sumter Landing. They are savvy business people and I respect them for that.