Help me Understand. $1 Million in McClure

[Kenswing]

I know this will be all opinions and hard to answer without pictures, but what would make a new Designer home in McClure worth almost a million dollars?

Homefinder - The Villages(R) Homes and Villas for Sale (https://www.thevillages.com/homefinder/S14V.30?new&preowned&homesites&lng=-81.99355979584547&lat=28.87421165371721&lvl=1)

[Big O]

It's worth it...because they can get it.

[Martian]

I know this will be all opinions and hard to answer without pictures, but what would make a new Designer home in McClure worth almost a million dollars?

Homefinder - The Villages(R) Homes and Villas for Sale (https://www.thevillages.com/homefinder/S14V.30?new&preowned&homesites&lng=-81.99355979584547&lat=28.87421165371721&lvl=1)

That is an easy question, anything is "worth" exactly what someone will pay for it.

Maybe a better question would be WHY would someone pay a million for it? Beats me, I don't have a million to pay, and I don't want a mortgage ever again. So, I would not pay it. :)

[dewilson58]

$200/sf
$200k lot
$150k pool
$50k spa
$30k summer kitchen

For starters.

[bagboy]

$200/sf
$200k lot
$150k pool
$50k spa
$30k summer kitchen

For starters.




No need for me to post :ho:

[graciegirl]

What they said.

Property in The Villages seems to become more valuable every month. New AND used.

[Bjeanj]

Golf front, which some like. Pool. Lots of square footage.
What they said.

[Two Bills]

It's the Gutter/Downspout at Entry that makes it so pricey! :icon_wink:

[justjim]

I know this will be all opinions and hard to answer without pictures, but what would make a new Designer home in McClure worth almost a million dollars?

Homefinder - The Villages(R) Homes and Villas for Sale (https://www.thevillages.com/homefinder/S14V.30?new&preowned&homesites&lng=-81.99355979584547&lat=28.87421165371721&lvl=1)

Homes in TV usually sell for about 95% of asking price (New sometimes discounted) OP what you imply, in my opinion, is that this home is overpriced for the neighborhood. I have not seen the house, but without seeing it, one could say that is certainly “Pricey” for a designer home neighborhood. All my life (being a value purchaser) this is not a home I would look to purchase. However, there are buyers out there for such properties. To each his own...

[Nucky]

I know a place where you can buy the entire neighborhood for the same amount with no bond. It's just a Yoke! :1rotfl::1rotfl: A bad one but a Yoke anyway!

That house down yonder is probably breathtaking!

[Chi-Town]

The home sure covers a lot of wish list wants:

Quiet street
Full frontal golf and water
Pool
Spa
Summer kitchen
Pool bath
Large master

It's for someone who wants a premiere home where there aren't any.



Sent from my SM-N960U using Tapatalk

[vintageogauge]

The first Ivy 10 (meaning 10' ceilings) was $726,000 and it sold, no pool, corner lot, on a tee box which is not private at all, no summer kitchen, they will sell this one as it's loaded up and a great view. The 10 series homes seem to be in demand as is anything down here that is over $600,000. There is one thing you cannot find south of 44 besides premier homes and that is a designer with a 4-car garage that is not on a corner lot nor can you find a lot to build one on. They would be smart to build a few of those.

[OrangeBlossomBaby]

Oversized Garage
• Home Golf Front Site
• Swimming Pool
• Spa
• Summer Kitchen
• Golf View Site
• Concrete Block/Cement Finish
• Gutter/Downspout at Entry
• Special Outdoor Feature
• Attic Access w/Attic Trusses
• Master Bedroom Stretch
• Added Living Area
• Island in Kitchen
• Pool Bath
• Open Kitchen
• Walk In Shower - Master Bath
• Granite Countertops
• Quartz Countertops
• Tile Backsplash
• No Carpet in Home
• Hand Trowelled Ceilings

also this is over 2800 sf, 4 bedroom, 3 bathrooms.

Here's another one in Marsh Bend, it's "only" 2763 sf going for a modest $631,892.
Homefinder - The Villages(R) Homes and Villas for Sale (https://www.thevillages.com/homefinder/S20V.15/gallery/1?new&preowned&homesites&model=Ivy-10&map&lng=-81.99355979584547&lat=28.87421165371721&lvl=1)
This one doesn't have an oversized garage, merely a 2 car plus golf cart. It doesn't have granite countertops, only quartz. It doesn't have a golf view, only a "view." Gives you a general idea of what the Ivy-10 looks like. I really wish the photos on all the new homes included a picture of each bedroom instead of 5 pictures of the kitchen.

This one is the Lantana, which is being described as a Lantana/Ivy. It has just slightly over 3000sf, and looks to be similar in design. This one is going for $789,900 and is in the Village of Pennecamp:
Homefinder - The Villages(R) Homes and Villas for Sale (https://www.thevillages.com/homefinder/S167.10/gallery/1?new&preowned&homesites&model=Lantana-4%20bed%20%2F%20Ivy&lng=-81.99355979584547&lat=28.87421165371721&lvl=1)

[manaboutown]

Ocean view lots in the OC run $4M and up. Just lot value. Not ocean front which costs much more. This house has 2800+ sq ft. Oversized garage, golf and water view.....might be a deal. Especially with no state income tax!

[Chatbrat]

Its not a lot of $$, for people who came from high end counties in NJ, CT & NY--most likely its less than 50% of what they sold their old house for--

Check out Zillow Chatham NJ

[PennBF]

Bob Hope once said a house is a hole in the ground that you stand next to and throw money in. The bigger the hole the more you throw. The bigger the hole the fatter the builder and the thinner the buyer. :ho:

[dewilson58]

I called Mark & laughed when TV listed lots for $500,000.

I learned not to laugh at prices.


:ohdear:

[CWGUY]

I called Mark & laughed when TV listed lots for $500,000.

I learned not to laugh at prices.


:ohdear:










:ho: Like they say..... a rising tide lifts all boats. :coolsmiley:

[Topspinmo]

I know this will be all opinions and hard to answer without pictures, but what would make a new Designer home in McClure worth almost a million dollars?

Homefinder - The Villages(R) Homes and Villas for Sale (https://www.thevillages.com/homefinder/S14V.30?new&preowned&homesites&lng=-81.99355979584547&lat=28.87421165371721&lvl=1)

Yes, I can see where some are willing to downsize:popcorn:

[retiredguy123]

Oversized Garage
• Home Golf Front Site
• Swimming Pool
• Spa
• Summer Kitchen
• Golf View Site
• Concrete Block/Cement Finish
• Gutter/Downspout at Entry
• Special Outdoor Feature
• Attic Access w/Attic Trusses
• Master Bedroom Stretch
• Added Living Area
• Island in Kitchen
• Pool Bath
• Open Kitchen
• Walk In Shower - Master Bath
• Granite Countertops
• Quartz Countertops
• Tile Backsplash
• No Carpet in Home
• Hand Trowelled Ceilings

also this is over 2800 sf, 4 bedroom, 3 bathrooms.

Here's another one in Marsh Bend, it's "only" 2763 sf going for a modest $631,892.
Homefinder - The Villages(R) Homes and Villas for Sale (https://www.thevillages.com/homefinder/S20V.15/gallery/1?new&preowned&homesites&model=Ivy-10&map&lng=-81.99355979584547&lat=28.87421165371721&lvl=1)
This one doesn't have an oversized garage, merely a 2 car plus golf cart. It doesn't have granite countertops, only quartz. It doesn't have a golf view, only a "view." Gives you a general idea of what the Ivy-10 looks like. I really wish the photos on all the new homes included a picture of each bedroom instead of 5 pictures of the kitchen.

This one is the Lantana, which is being described as a Lantana/Ivy. It has just slightly over 3000sf, and looks to be similar in design. This one is going for $789,900 and is in the Village of Pennecamp:
Homefinder - The Villages(R) Homes and Villas for Sale (https://www.thevillages.com/homefinder/S167.10/gallery/1?new&preowned&homesites&model=Lantana-4%20bed%20%2F%20Ivy&lng=-81.99355979584547&lat=28.87421165371721&lvl=1)
The house in Marsh Bend is directly across the lake from the Florida Turnpike.

[Martian]

I think it is very "democratic" that I can live in McClure in my $260K Durham :) (not political, sociological)

And I love the fact that homes like that will elevate the value of my home.

( this is mostly tongue in cheek )

[vintageogauge]

The house in Marsh Bend is directly across the lake from the Florida Turnpike.

Went to the open house there today, the lot premium for the house is $149,000 which for water front in that area is low as most are $200,000 plus. However, the noise on the lanai from the turnpike was extremely loud and right across the pond is where everyone is riding bikes and walking, no privacy and that is why it's priced at $600 plus rather than $900 plus, it will be sold in the very near future.

[retiredguy123]

I know this will be all opinions and hard to answer without pictures, but what would make a new Designer home in McClure worth almost a million dollars?

Homefinder - The Villages(R) Homes and Villas for Sale (https://www.thevillages.com/homefinder/S14V.30?new&preowned&homesites&lng=-81.99355979584547&lat=28.87421165371721&lvl=1)
I looked at the house from the outside. It is nice, but appears to be one of the only houses on the street that has not sold. The description says it has an oversized garage, but it is only a two car garage with no separate golf cart garage. The other houses on the street have golf cart garages. Seems like a negative for a very expensive house.

[Packer Fan]

The house in Marsh Bend is directly across the lake from the Florida Turnpike.

And it just sold - I think that proves the point about high end homes.

[manaboutown]

It’s all relative. Central Park Tower, NYC'''s tallest residential building, to enter crowded luxury market when it opens | Fox Business (https://www.foxbusiness.com/markets/central-park-tower-crowded-luxury-market-nyc?fbclid=IwAR26L-56U2lY1kUx5hAuBHbvXoASJGdTwt1ScB9NicxuHmCUANUmWVqG I60)

[Arubagirl33]

Ridiculous!! These were Premier prices 2-3 years ago....People pay it and set the precedence. I was hoping it was a “Bubble”
Out of Control!!! No thanks! I’ll keep my high end high taxed NY home & Modest Villages Home!!

[graciegirl]

Ridiculous!! These were Premier prices 2-3 years ago....People pay it and set the precedence. I was hoping it was a “Bubble”
Out of Control!!! No thanks! I’ll keep my high end high taxed NY home & Modest Villages Home!!

The price of a home is determined by what it sells for.

We consider our home as part of our savings and security just as we have always done.

Why are you saying "ridiculous, Out of control, No thanks". It just means that the value of what you own is going up.

A rising tide lifts all ships.

Looks like a GOOD thing to me. There is no shame in making money unless you are a drug dealer or a politician.

[Tom C]

WOW :shocked:

This makes me grateful for the home we have for the price we paid. Like many here, I am happy with our home: It meets our needs and wants and it was within our price we determined before looking. It will be forever a work in progress (between decorations and maintenance and minor changes), but we love it and love our neighborhood (All of The Villages for that matter) and that means all the nice people we have met.

We are just starting our journey here (been here about 3 months) and look forward to many, many more years here. :pray:

[Arubagirl33]

The price of a home is determined by what it sells for.

We consider our home as part of our savings and security just as we have always done.

Why are you saying "ridiculous, Out of control, No thanks". It just means that the value of what you own is going up.

A rising tide lifts all ships.

Looks like a GOOD thing to me. There is no shame in making money unless you are a drug dealer or a politician.

Hi Gracie~ As always...Thank you for your valuable insight & reply. We also consider our homes as our savings and security. I’m sorry, but we’re frustrated with the current pricing. Most homes we’ve looked are between 3-5 years old & selling at a rate of $75,000 - $100,000 in appreciation per year. These are homes with a view and some with a pool. Some are not totally upgraded or decked out in the inside. Yes, our home here has appreciated & it’s a smaller designer, but obviously not at that rate without a view. Also, what one considers upgraded in TV vs another area and State is two different things.
Just sayin ~

[dewilson58]

WOW :shocked:

This makes me grateful for the home we have for the price we paid. Like many here, I am happy with our home: It meets our needs and wants and it was within our price we determined before looking. It will be forever a work in progress (between decorations and maintenance and minor changes), but we love it and love our neighborhood (All of The Villages for that matter) and that means all the nice people we have met.

We are just starting our journey here (been here about 3 months) and look forward to many, many more years here. :pray:






Well said.

Been here for six years.
Crazy price growth, but IF I planned well.....the valuation growth will be our childrens'.

Couldn't have a better neighborhood.
(unless I was in yours)

:bigbow:

[EnglishJW]

The home sure covers a lot of wish list wants:

Quiet street
Full frontal golf and water
Pool
Spa
Summer kitchen
Pool bath
Large master

It's for someone who wants a premiere home where there aren't any.



Sent from my SM-N960U using Tapatalk

This is what my initial reaction was as well - everything you mentioned plus a few little things (dead end street, no rugs, granite). Your last sentence hits the nail on the head. For whatever reason, there are no premier homes south of 44A (yet?). An Ivy has 4 bedrooms and 3 baths. This particular Ivy has an extended garage. Nonetheless, as the OP indicated, it seems very pricey. Here is another Ivy (which does not have all of these features of the one being discussed) to use as a frame of reference.

Homefinder - The Villages(R) Homes and Villas for Sale (https://www.thevillages.com/homefinder/L30.3?new&preowned&homesites&model=Ivy&lng=-81.99355979584547&lat=28.87421165371721&lvl=1)

[rjm1cc]

Figure out what you want in a home and what this basic home would cost in the Villages. Then add in location and anything else you may like. Then decide if this is worth a million to you.

[gomsiepop]

This home was designed by someone with expensive taste. Unfortunately, the person who was waiting to close on the home lost his job and couldn't secure their mortgage. There's always a reason for everything!

[retiredguy123]

This home was designed by someone with expensive taste. Unfortunately, the person who was waiting to close on the home lost his job and couldn't secure their mortgage. There's always a reason for everything!
Something is really missing here. The house referred to by the OP is listed for sale at $949K. But, the houses on either side of it were sold this year for $476K and $527K. The buyer may have expensive taste, but it doesn't explain these huge cost differences. The pool is not even very large, and it only has a two car garage, and the lanai is not enclosed.

[gomsiepop]

Something is really missing here. The house referred to by the OP is listed for sale at $949K. But, the houses on either side of it were sold this year for $476K and $527K. The buyer may have expensive taste, but it doesn't explain these huge cost differences. The pool is not even very large, and it only has a two car garage, and the lanai is not enclosed.

Everything is in the finishes my dear. Not an opinion, just a fact!

[Michael Charles]

Well, it is a custom designed home (base price 400k minimum) on a golf course, (+125k) it has a pool with a spa and pavers,(+100k) it has a massive summer kitchen, (+125k) very nice fireplace (+25k) in the massive outside lanai, it has a massive poolside bathroom/shower room, (+50k) it has a massive custom built master suite closet, (+20k) massive kitchen with island and very nice cabinets,(+50k) built in vanity in master, (+10k) a massive spare room next to kitchen. I'm sure that it has other massive features that I haven't yet seen. Oh yes, no golf cart garage! Basic 2 car garage.

It must have massive features because the price is very massive.

Of course those are my price guesses and TV didn't build this as a SPEC house, it was built by a customer who for whatever reason couldn't follow through with the purchase.

[Packer Fan]

This home was designed by someone with expensive taste. Unfortunately, the person who was waiting to close on the home lost his job and couldn't secure their mortgage. There's always a reason for everything!

Sounds true, but how in the heck would you know that?

[retiredguy123]

Well, based on the prices paid on that street, the buyer is either going to pay way too much for the neighborhood, or The Villages will reduce the price. I would think that the original buyer has already paid for most of those extra features.

[GoodLife]

Why would you buy a tract home with overpriced upgrades on a small lot in TV for a million when you could buy this custom Rutenberg in CC of Ocala for same amount?

1435 Se 73rd Pl, Ocala, FL 34480 - realtor.com(R) (https://www.realtor.com/realestateandhomes-detail/1435-SE-73rd-Pl_Ocala_FL_34480_M58559-37839?view=qv)

[graciegirl]

Maybe one of the supposed billionaires that live here...will buy it?

The one I know of already owns a home here.

[Number 10 GI]

What is the problem? I don't care if they build a $3 million dollar house, it won't impact my home one bit. Now if they allowed a $100K double wide mobile home on a lot then I would get upset.

[GoodLife]

Why would you buy a tract home with overpriced upgrades on a small lot in TV for a million when you could buy this custom Rutenberg in CC of Ocala for same amount?

1435 Se 73rd Pl, Ocala, FL 34480 - realtor.com(R) (https://www.realtor.com/realestateandhomes-detail/1435-SE-73rd-Pl_Ocala_FL_34480_M58559-37839?view=qv)

Or this one?

Pardon Our Interruption (https://www.realtor.com/realestateandhomes-detail/945-SE-69th-Pl_Ocala_FL_34480_M58786-76851?view=qv)

[Number 10 GI]

Uh, maybe because they want to live in The Villages.

Why would you buy a tract home with overpriced upgrades on a small lot in TV for a million when you could buy this custom Rutenberg in CC of Ocala for same amount?

1435 Se 73rd Pl, Ocala, FL 34480 - realtor.com(R) (https://www.realtor.com/realestateandhomes-detail/1435-SE-73rd-Pl_Ocala_FL_34480_M58559-37839?view=qv)

Or this one?

Pardon Our Interruption (https://www.realtor.com/realestateandhomes-detail/945-SE-69th-Pl_Ocala_FL_34480_M58786-76851?view=qv)

[manaboutown]

Why would you buy a tract home with overpriced upgrades on a small lot in TV for a million when you could buy this custom Rutenberg in CC of Ocala for same amount?

1435 Se 73rd Pl, Ocala, FL 34480 - realtor.com(R) (https://www.realtor.com/realestateandhomes-detail/1435-SE-73rd-Pl_Ocala_FL_34480_M58559-37839?view=qv)

Or this one?

Pardon Our Interruption (https://www.realtor.com/realestateandhomes-detail/945-SE-69th-Pl_Ocala_FL_34480_M58786-76851?view=qv)

What incredible values looking at these from Newport Beach! I love the first one and cannot believe how low its price!

A super smart classmate from high school having an MD and a JD resides in that community and now I understand why!

[manaboutown]

What is the problem? I don't care if they build a $3 million dollar house, it won't impact my home one bit. Now if they allowed a $100K double wide mobile home on a lot then I would get upset.

Especially if they had plastic pink flamingos out front!

[GoodLife]

What incredible values looking at these from Newport Beach! I love the first one and cannot believe how low its price!

A super smart classmate from high school having an MD and a JD resides in that community and now I understand why!

Yep, my eye doctor lives there and I have played golf there many times, it's a great golf course and the difference in size, quality of construction, finishes, & lot size of that house compared to the upgraded Ivy in TV is obvious. No brainer to me.

[manaboutown]

Yep, my eye doctor lives there and I have played golf there many times, it's a great golf course and the difference in size, quality of construction, finishes, & lot size of that house compared to the upgraded Ivy in TV is obvious. No brainer to me.

Yep. Like comparing a Ford to a Ferrari.

BTW my classmate’s father was our family’s ophthalmologist while I was a child growing up. Lol

[manaboutown]

The one I know of already owns a home here.

The billionaire who taught me how to ride a bike when I was seven years old now resides in a 55 and over community. He unfortunately at age 90 has dementia.

The move from a huge estate has been a lifesaver for his wife who now can easily socialize within the community.

Life is a series of phases.

[vintageogauge]

Why would you buy a tract home with overpriced upgrades on a small lot in TV for a million when you could buy this custom Rutenberg in CC of Ocala for same amount?

1435 Se 73rd Pl, Ocala, FL 34480 - realtor.com(R) (https://www.realtor.com/realestateandhomes-detail/1435-SE-73rd-Pl_Ocala_FL_34480_M58559-37839?view=qv)

Or this one?

Pardon Our Interruption (https://www.realtor.com/realestateandhomes-detail/945-SE-69th-Pl_Ocala_FL_34480_M58786-76851?view=qv)

Don't want kids next-door.

[Topspinmo]

Yep. Like comparing a Ford to a Ferrari.

BTW my classmate’s father was our family’s ophthalmologist while I was a child growing up. Lol


You do know ford beat Ferrari in 66 aNd 67.

[Nucky]

///

[CWGUY]

///

:) You are a better man than I am Gunga Din! :ho:

[JimJohnson]

A house is worth material cost plus labor. A house sells for whatever the market will pay. Capitalism.

[JimJohnson]

If I was a billionaire I would rather live here than south beach or Hollywood and god forbid, New York City.

[HelenLCSW]

What they said.

Property in The Villages seems to become more valuable every month. New AND used.

Not used —it’s supply and demand —older homes are not appreciating at the rate they were before The Villages moved south of Hillsborough

[dewilson58]

Well, it is a custom designed home (base price 400k minimum) on a golf course, (+125k) it has a pool with a spa and pavers,(+100k) it has a massive summer kitchen, (+125k) very nice fireplace (+25k) in the massive outside lanai, it has a massive poolside bathroom/shower room, (+50k) it has a massive custom built master suite closet, (+20k) massive kitchen with island and very nice cabinets,(+50k) built in vanity in master, (+10k) a massive spare room next to kitchen. I'm sure that it has other massive features that I haven't yet seen. Oh yes, no golf cart garage! Basic 2 car garage.

It must have massive features because the price is very massive.

Of course those are my price guesses and TV didn't build this as a SPEC house, it was built by a customer who for whatever reason couldn't follow through with the purchase.




Massive, Massive, Massive.

:1rotfl::1rotfl::1rotfl:

[graciegirl]

Not used —it’s supply and demand —older homes are not appreciating at the rate they were before The Villages moved south of Hillsborough

I dunno. The home we bought new in the Village of Hadley on Havana Trail in 2008 for $227K has now three value estimates for $330K,$368K and $375K.

I wonder how much your home has increased? It is easy to check. You can find out how much the original cost was by going to Sumter County, Lake County or Marion County property appraiser sites. And find out what the current value estimates are by simply typing in the address on your browser.

P.S. I don't sell homes and I have never sold homes, neither does my husband or my sister or cousins or aunts.

[Chi-Town]

Allegedly the chairman of ICE:NYSE recently bought a home in Bridgeport at Lake Sumter for a relative. He doesn't live there. Not a billionaire but half way there.

Sent from my SM-N960U using Tapatalk

[graciegirl]

Allegedly the chairman of ICE:NYSE recently bought a home in Bridgeport at Lake Sumter for a relative. He doesn't live there. Not a billionaire but half way there.

Sent from my SM-N960U using Tapatalk

I connected your dots to a fellow name Jeffrey Sprecher who I don't think lives here. He is worth a couple of hundred million. A billion is a thousand million. Yeah. I say WOW, too.

[manaboutown]

ICE is a NYSE listed stock, Intercontinental Exchange, Inc.

[dustypixels]

And underneath all the glitz and glamor, it's still a block house like the rest.

[pacjag]

And underneath all the glitz and glamor, it's still a block house like the rest.

So is Buckingham Palace. 😜

[Chatbrat]

I never considered my residence as an investment-made money in other real estate , but never considered my residence as an investment, because it generated no income, was burdened by high taxes and maintenance and was subject to beautification whims- when we sold our house on 5 acres in Chester Twp NJ and if we cared to back out all the expenses--the gain might not have been great--even though we had a partner in the Fed Govt to off set local real estate and income taxes, the person who bought our house bull dozed it and built a 10000 sq' mansion

[Dond1959]

I never considered my residence as an investment-made money in other real estate , but never considered my residence as an investment, because it generated no income, was burdened by high taxes and maintenance and was subject to beautification whims- when we sold our house on 5 acres in Chester Twp NJ and if we cared to back out all the expenses--the gain might not have been great--even though we had a partner in the Fed Govt to off set local real estate and income taxes, the person who bought our house bull dozed it and built a 10000 sq' mansion

Agree 100%, a home is a place to live. Taking into account all the expenses over the years the gain is typically not as large as you think when you sell. Some people just like a little more comfort and room than others.

[Dond1959]

I do find it hilarious when people subtly trash the area down south. Get over it, 60,000 homes are going to be built in Southern Oaks and all your moaning and complaining is not going to change that fact.

[vintageogauge]

Not used —it’s supply and demand —older homes are not appreciating at the rate they were before The Villages moved south of Hillsborough

The re-sales south of 44 are selling fast and generating huge profits for the owners in just a year or two of ownership.

[arbajeda]

The same things that make your house worth what you paid for it. Location, construction, quality of materials.

[justjim]

I do find it hilarious when people subtly trash the area down south. Get over it, 60,000 homes are going to be built in Southern Oaks and all your moaning and complaining is not going to change that fact.

I wouldn’t take it personally because in most cases it’s just that “trash talk”. A few on this site just like to “trash talk” a bit without always having the facts but that that isn’t any different than in life where some “talk” before thinking. We have all done that occasionally.

Southern Oaks is what it is and I believe the Village Developer has, to some extent, made this new area a bit different to accommodate change from one generation to the next. Just my humble opinion. Fore. :ho:

[Rosebud1949]

Bragging Rights... I paid a million.... a bigger pool, bigger garage bigger kitchen than you I will NEVER use any of them its just for show. No wonder folk do leave the villages s they can no longer manage, and some of us are struggling to pay the inflated prices that these "mega bucks" owners cause to all the services required to keep any home running.. Dont build a bridge between us and them build a moat

[Number 10 GI]

The Seven Deadly Sins:

1. Lust
2. Gluttony
3. Greed
4. Sloth
5. Wrath
6. ENVY
7. Pride

[graciegirl]

Bragging Rights... I paid a million.... a bigger pool, bigger garage bigger kitchen than you I will NEVER use any of them its just for show. No wonder folk do leave the villages s they can no longer manage, and some of us are struggling to pay the inflated prices that these "mega bucks" owners cause to all the services required to keep any home running.. Dont build a bridge between us and them build a moat

I am having a slow day. I'll take it on.

If a person has a bigger garage or kitchen than the one you have, what makes you think that they won't use those areas to do all of the same things you do in yours????

If a person has a swimming pool, and she/he can afford a swimming pool, perhaps she/he isn't traveling like other people do, or dining in expensive restaurants or driving lovely cars?

How does the fact that people live in, drive, eat, swim in things they can afford cause anyone to move or make anything more expensive???

If people are struggling to pay the bills here, perhaps they can sell their home, make money on it and move to an area that does not charge the $150 a month amenity fees????

It is not a shame to have something you can afford and that you worked hard for. Most people here didn't harm others or steal anything to own their lovely homes, big or small.

[Chatbrat]

In TV you are buying a life style-- the house is an extra

[CWGUY]

In TV you are buying a life style-- the house is an extra

:agree: I agree! Who would of thunk it? Nucky did you read this? :faint:

[Byte1]

Pocket change. Everyone knows that Villagers are wealthy. 🤑

[Nucky]

:agree: I agree! Who would of thunk it? Nucky did you read this? :faint:

There has been NOTHING but a major change for the better and I like it a whole lot. The area that Chatbrat speaks of was and is Smoking Beautiful. Close to the best places to eat and just a fine place to live. Taxes totally out of hand.

The only reason we are in a Manufactured Home is because it was the best The Witness Protection Program could offer us at that moment. I almost went into orbit when I read about a couple of Manufactured Homes being sprinkled in here & there in the area South of the Pike. Then there were a few comments about Pink Flamingoes in a shot at us over here. Whoever made the comment was outta line. Think that thought but keep it on the down-low. :pray:

I shudder when I read about anyone taking a swipe at where someone else chooses to live in The Villages. These are the kind of things you would never hear from someone Face to Face. It's only Beer Muscle Keyboard Bravery that gets remarks like that to come out.

The other day I posted /// about the big dollar house near the Turnpike because after composing a thoughtful non-hurtful post it dawned on me that I am qualified to speak about a house close to a main highway but not on an almost million-dollar house. I don't get retiring into a house that's a chore to upkeep but that's not any of my business.

In a little over a year, we will God willing be moving into a house in The Villages and hopefully, in the hood we're in now or in one of the Spanish named Villages off Morse before 466. We shall see. It may be down Yonder we will not limit ourselves and just instinctively will know when its the best fit for us.

I imagine it will be a few shells less than a Rock. (Million)

[Chatbrat]

Bet the real estate taxes are fairly low--lots of money spent on the interior--lot & square footage are what counts--don't believe appraisers go inside

[Nucky]

Bet the real estate taxes are fairly low--lots of money spent on the interior--lot & square footage are what counts--don't believe appraisers go inside

Yes Sir. Over here it's way less for the year than it was for a month in Jersey. Every since you mention Rods in Convent Station I've been going down The restaurant Memory Lane. Imagine living here and not raising kids and having all that extra money to go out to eat. Whoa!:a040:

[Bogie Shooter]

Bragging Rights... I paid a million.... a bigger pool, bigger garage bigger kitchen than you I will NEVER use any of them its just for show. No wonder folk do leave the villages s they can no longer manage, and some of us are struggling to pay the inflated prices that these "mega bucks" owners cause to all the services required to keep any home running.. Dont build a bridge between us and them build a moat

Are you really sorry you bought in The Villages?

[Chatbrat]

The only thing TV is missing is above mediocre restaurants and the one that are above mediocre are IMHO ripoff's for what they offer

Nucky knows the neighborhood we lived in-he was from Florham Park ( I think that is from our meeting in Comcast store) I lived in Chatham 74-88 & Chester TWp

88-95--drop dead beautiful but you could not want to retire in NJ----I was the Morris County co-ordinator for the tax revolt in 92 when we fire Jim Florio

Banking more $$ /month than we could ever spend--wish there were restaurants that I would want to go to--remember Sammy's Ye Old Cider House, The Lamp Lighter, The Publick House, Black Forest Inn, Arthur's--that was great dining & Arminio's

[retiredguy123]

I have seen the house referred to by the OP and listed for $949K. It is a very nice house. I usually don't have a problem with the pricing of new houses by The Villages. But, this house is priced at two times the cost of the house next door to it, and both have very similar views. Also, if you have two cars and a golf cart, you will not be able to park them in the two car garage. All other houses on the street have a two car garage and a golf cart garage. So, I think this house is overpriced, but, I guess someone will buy it.

[Packer Fan]

I shudder when I read about anyone taking a swipe at where someone else chooses to live in The Villages. These are the kind of things you would never hear from someone Face to Face. It's only Beer Muscle Keyboard Bravery that gets remarks like that to come out.

....
I imagine it will be a few shells less than a Rock. (Million)

Nucky, you are awesome. I laughed through your whole post. Beer Muscle Keyboard bravery is right! Especially with the user names we use.

BTW- it is not a rock, it is "The Full Bean" that is what my old boss used to call it when we got a $1MM cost reduction - we got the Full Bean (I think this was based on the accountants being Bean Counters).

:bigbow::1rotfl::1rotfl::1rotfl::1rotfl:

[Chatbrat]

Normally houses are priced by the neighborhood-designers with designers, premiers with premiers--got a designer loaded with lots of fluff price like a premier-its still a designer- we live in a designer -the size fits our life style--- no kids and no visitors

[EnglishJW]

I am having a slow day. I'll take it on.

If a person has a bigger garage or kitchen than the one you have, what makes you think that they won't use those areas to do all of the same things you do in yours????

If a person has a swimming pool, and she/he can afford a swimming pool, perhaps she/he isn't traveling like other people do, or dining in expensive restaurants or driving lovely cars?

How does the fact that people live in, drive, eat, swim in things they can afford cause anyone to move or make anything more expensive???

If people are struggling to pay the bills here, perhaps they can sell their home, make money on it and move to an area that does not charge the $150 a month amenity fees????

It is not a shame to have something you can afford and that you worked hard for. Most people here didn't harm others or steal anything to own their lovely homes, big or small.

Well said. We are very happy with what we have here - our house, our friends, our activities. The size of our house is irrelevant for the last two which are the ones that occupy most of our waking hours. Anyone up for some dancing tonight?

[ValSetz]

Quartz does not need any maintenance.

[vintageogauge]

I have seen the house referred to by the OP and listed for $949K. It is a very nice house. I usually don't have a problem with the pricing of new houses by The Villages. But, this house is priced at two times the cost of the house next door to it, and both have very similar views. Also, if you have two cars and a golf cart, you will not be able to park them in the two car garage. All other houses on the street have a two car garage and a golf cart garage. So, I think this house is overpriced, but, I guess someone will buy it.

You can easily get 2 cars and a golf cart in an Ivy with a stretched garage as this one is. I have the same stretch and on the 2-car side I have 8 feet left in front of my Buick Enclave which is a rather large SUV, I had my golf cart in front of it today as I'm re-doing the golf cart side with different shelves, etc. That house is also over 2,800 sq. feet extremely large for a designer which I'm sure is much larger than the two homes next to it as I've never seen two Ivy's beside each other. You're right, someone will buy it and until they start building premiers they'll build more of these 10's. One good thing is that it has a lower bond than a premier which would have a much larger lot but I doubt that a buyer will be concerned about the bond.

[LianneMigiano]

What's been so interesting to me for the past 9 years that we have lived here ....Watching the prices escalate to near, or greater than, what homes up north with both attics, basements and a decent sized piece of property cost!

[Jjjlstacy]

Did you look at the pictures. The inside is beautiful.

[retiredguy123]

You can easily get 2 cars and a golf cart in an Ivy with a stretched garage as this one is. I have the same stretch and on the 2-car side I have 8 feet left in front of my Buick Enclave which is a rather large SUV, I had my golf cart in front of it today as I'm re-doing the golf cart side with different shelves, etc. That house is also over 2,800 sq. feet extremely large for a designer which I'm sure is much larger than the two homes next to it as I've never seen two Ivy's beside each other. You're right, someone will buy it and until they start building premiers they'll build more of these 10's. One good thing is that it has a lower bond than a premier which would have a much larger lot but I doubt that a buyer will be concerned about the bond.
As I said, I looked at the house. It may be possible to fit a golf cart in front of a small car, but it would be a tight fit. And, obviously, you would have to move the car out of the way to get the cart out. Not a good situation, especially for million dollar house.

[Kenswing]

Did you look at the pictures. The inside is beautiful.
There were no pictures when I started this thread. But yes, the interior is nice..

[newgirl]

Quartz is more expensive then granite by far.

[retiredguy123]

Quartz is more expensive then granite by far.
This house has a few quartz countertops, but it is mostly granite.

[manaboutown]

No way I would build or buy a million dollar home in a half million dollar neighborhood!

[vintageogauge]

No way I would build or buy a million dollar home in a half million dollar neighborhood!

There are a lot of half million dollar homes in quarter million dollar neighborhoods, what's the difference.

[Bosoxfan]

I have seen the house referred to by the OP and listed for $949K. It is a very nice house. I usually don't have a problem with the pricing of new houses by The Villages. But, this house is priced at two times the cost of the house next door to it, and both have very similar views. Also, if you have two cars and a golf cart, you will not be able to park them in the two car garage. All other houses on the street have a two car garage and a golf cart garage. So, I think this house is overpriced, but, I guess someone will buy it.

I live 5 houses down from this hous on a much bigger piece of land and my house is stretched in ways they could not possibly do on that lot. No to me it's overpriced by at least %25 ... but it will sell

[Packer Fan]

What's been so interesting to me for the past 9 years that we have lived here ....Watching the prices escalate to near, or greater than, what homes up north with both attics, basements and a decent sized piece of property cost!

They charge you extra for the lack of a Basement hear since you don't have to spend 10s of Thousands of dollars on drain tiles on the outside, new sump pumps, and cleaning up the flooding that you almost always get with a Basement. Thank GOD no basements here. I have no idea why people in the north are fixated on having one. They are nothing but trouble.

I also don't want a big property to take care of in my retirement :)
:icon_wink:

[EnglishJW]

This home was designed by someone with expensive taste. Unfortunately, the person who was waiting to close on the home lost his job and couldn't secure their mortgage. There's always a reason for everything!

Thank you for providing this information as it explains a great deal and takes away the assumption that the developer dropped a million dollar price tag on a house where most of us don't see the value.

Having said that, I feel bad for the person who lost both their job and their dream house. In today's world, anyone can lose their job and it often is through no fault of their own. We have seen similar situations (albeit at a lower price point) in our own neighborhood here in The Villages. For those of us who are retired or just about to retire, we should have all of our finances well in order. For those younger or thinking of a home as an investment, they typically will have many more things to consider. Again, we hope the people who lost that lovely home they built find a different way to what they are looking for in life.

[Ysabeau]

I could never afford something like this, but it's beautiful and I can see where the money is in it. It has a great deal of square footage (for The Villages homes), a pool, a massive, extensive kitchen with upgrades like none I've ever seen before, an outdoor kitchen in the birdcage, an insane walk-in closet, and several built in cabinets and office spaces. It's stunning. I still could not afford it, but someone will absolutely do so eventually.

[vintageogauge]

I live 5 houses down from this hous on a much bigger piece of land and my house is stretched in ways they could not possibly do on that lot. No to me it's overpriced by at least %25 ... but it will sell

There are not many, if any homes south of 44 that are over 2,800 sq. ft excluding garage and lanai. This might be the only one.

[manaboutown]

This house is both beautiful and large but if I am going to put $1M into a residence I will only do so in a neighborhood consisting of homes of comparable value. Others may buy million dollar homes in half million dollar neighborhoods. If so, feel free to do so, but I won't do it.

[B-flat]

I know a place where you can buy the entire neighborhood for the same amount with no bond. It's just a Yoke! :1rotfl::1rotfl: A bad one but a Yoke anyway!

That house down yonder is probably breathtaking!

We purchased a Courtyard Villa in 2018 that was a bargain price, it had everything we wanted. Since we purchased we haven’t seen another one at the price we paid, now the Patio Villas are not only on par what we paid but in quite a few cases they cost more.

Had we taken our $$$ to On Top of The World in Ocala we could have bought a home one and half the times the size of our CYV, with an extra bedroom and a large 2 car garage not the 1.5 size we have now. The key to buy here was location, location, location. OTOW is a nice place but isn’t the Villages. Like my realtor friend used to say there’s a butt for every seat. Guess some butts ( I’ll refrain from using another term) have the extra cash and can afford a million dollar home.

[Midnight Cowgirl]

Keep in mind that the house is "for sale."

It has not yet been sold.

[Nucky]

We purchased a Courtyard Villa in 2018 that was a bargain price, it had everything we wanted. Since we purchased we haven’t seen another one at the price we paid, now the Patio Villas are not only on par what we paid but in quite a few cases they cost more.

Had we taken our $$$ to On Top of The World in Ocala we could have bought a home one and half the times the size of our CYV, with an extra bedroom and a large 2 car garage not the 1.5 size we have now. The key to buy here was location, location, location. OTOW is a nice place but isn’t the Villages. Like my realtor friend used to say there’s a butt for every seat. Guess some butts ( I’ll refrain from using another term) have the extra cash and can afford a million dollar home.

I looked at OTOW and couldn't get past the rental of the property and the higher monthly fee and you are correct. Its NOTHING like here.

The house in question in this thread must be priced where it is for some reason. I don't think The Villages are normally too far off from what they ask to what they get?? There must be a reason thats valid and hasn't been uncovered by the staff on TOTV'S but I can tell you one thing for certain, it will sell. Maybe at a reduced price but there is a buyer for every home.

I really like the idea of doing your homework on prices and studying the area you are interested in so there is no buyers regret. The other thing is when you are schooling yourself with the prices you can strike like a Viper when you see the correct house and have Zero Buyers Remorse. Good job to the OP in uncovering this home that seems to be a Blip, price-wise! :popcorn:

[ColdNoMore]

No one in their right mind would pay anything near...what is being asked for that house. :oops:

[Two Bills]

.........but all that grey!!!!

[Martian]

We purchased a Courtyard Villa in 2018 that was a bargain price, it had everything we wanted. Since we purchased we haven’t seen another one at the price we paid, now the Patio Villas are not only on par what we paid but in quite a few cases they cost more.

Had we taken our $$$ to On Top of The World in Ocala we could have bought a home one and half the times the size of our CYV, with an extra bedroom and a large 2 car garage not the 1.5 size we have now. The key to buy here was location, location, location. OTOW is a nice place but isn’t the Villages. Like my realtor friend used to say there’s a butt for every seat. Guess some butts ( I’ll refrain from using another term) have the extra cash and can afford a million dollar home.

There is one little thing about OTOTW (I think) in that you don't actually OWN the land, you get a 100 year lease on it, then it reverts to the developer. At least I read that one the internet and so it must be true!

[retiredguy123]

There is one little thing about OTOTW (I think) in that you don't actually OWN the land, you get a 100 year lease on it, then it reverts to the developer. At least I read that one the internet and so it must be true!
Yes, it is true. The On Top of the World development in Ocala uses 100 year land leases. So you don't actually own the land that your house is built on.

[TomOB]

OTOW is leasehold only in the original section where the row houses are. Candler if fee simple. The monthly fee is more in the leasehold section, but you get more. Everything outside is taken care of including lawn, bushes, pressure washing and painting every 7 years and new roof every 15 years unless needed sooner.

[graciegirl]

Keep in mind that the house is "for sale."

It has not yet been sold.

Exactly. And if it sells, it is worth the asking price to somebody.

Meanwhile all of our homes in The Villages are rising in value according to the market.

A rising tide lifts all ships, and causes our taxes to go up.

Ain't nothin' sure but death and taxes.

It is still another beautiful day in The Villages and we are still alive on this Forum and looking to debate.

[B-flat]

OTOW is leasehold only in the original section where the row houses are. Candler if fee simple. The monthly fee is more in the leasehold section, but you get more. Everything outside is taken care of including lawn, bushes, pressure washing and painting every 7 years and new roof every 15 years unless needed sooner.

The developer in OTOW does not pay for the roof the owner of the home does. My late aunt and uncle owned a home there, she died, when he got sick then passed I handled sale of the home. Timing is everything even though the roof was rated as 25 year shingle life we got a letter saying the roof was 18 years old and needed replacement. Yes they hired the contractor to do the work, but the cost of the roof was on the back of my uncle’s estate.

[Kenswing]

I know this will be all opinions and hard to answer without pictures, but what would make a new Designer home in McClure worth almost a million dollars?

Homefinder - The Villages(R) Homes and Villas for Sale (https://www.thevillages.com/homefinder/S14V.30?new&preowned&homesites&lng=-81.99355979584547&lat=28.87421165371721&lvl=1)
Still on the market after 2 months. NOTHING stays on the market that long in The Villages unless it's grossly overpriced.

[John_W]

A couple of years ago on a similar thread I posted about a home for sale on the Morse Compound, it was off 466 across from Bridgeport at Laurel Valley. It came with 10 acres and stables and had everything and they were asking $4 million. It sold for $2.6 million to the investment firm owner Fross. Here's what it looked like

https://photos.zillowstatic.com/p_f/ISu8mfr1saqshv1000000000.jpg

https://photos.zillowstatic.com/p_f/ISyzt25p9drsiv1000000000.jpg

Here's a link to zillow where the home is still on display, there are plenty of photos

https://www.zillow.com/homedetails/11262-NE-72nd-Blvd-Lady-Lake-FL-32162/2093113144_zpid/?

There's another home for sale right now on the Morse Compound, this one is a little cheaper and smaller. This one comes with 6 acres plus you have the option of buying 4 more acres for $225K. They're asking $1.3 million, I don't see a pool on this one, where on the other the home wrapped around the pool. There's a link below

https://image.thevillages.com/api/photo/549414.jpg

https://image.thevillages.com/api/photo/549413.jpg

Homefinder - The Villages(R) Homes and Villas for Sale (https://www.thevillages.com/homefinder/S999.40?preowned&series=6&map&lng=-81.99355979584547&lat=28.87421165371721&lvl=1)

[Velvet]

Very nice listing again, love the koi pond, there are parts to the home that are a little dated but then this listing was a while ago. The layout is so inviting. Even just the pictures make you feel pleasure. Not doing this type of thing right now but I used to take pictures of all my past homes and paint them on canvass as sort of an autobiography.

[Garywt]

Doesn’t look like $1.3m to me. As I retire, the smaller the better, less is more for us. Note, the original post showed a different house.

[flyguy909]

I think I know what house that is. If you play Longleaf you walk by it on one of the later holes. The lanai is awesome with the pool, spa and kitchen.

I assumed it was a custom build and the owners hadn't moved in yet. If it's a spec house, it's the most tricked out one I've seen.

[Garywt]

The kitchen is gorgeous and all the built ins in the various rooms are great. The pool, spa and view are beautiful. Lots offered here, not in my price range but it will work for someone.

[Love2Swim]

Still on the market after 2 months. NOTHING stays on the market that long in The Villages unless it's grossly overpriced.

Its on the golf course, but it has a golf cart path in the back close to the home which makes it less desirable - no privacy. I'm referring to the house listed on the first page of this posting.

[vintageogauge]

Its on the golf course, but it has a golf cart path in the back close to the home which makes it less desirable - no privacy. I'm referring to the house listed on the first page of this posting.

It only has a two car garage and not very roomy inside of it. The Ivy is also a 4 bedroom home and the original buyer had one of the bedrooms made into a master closet so it's now a 3 bedroom home with a 2 car garage. I think for the most part it's a great looking home but on the wrong lot and needs another garage spot.

[retiredguy123]

Its on the golf course, but it has a golf cart path in the back close to the home which makes it less desirable - no privacy. I'm referring to the house listed on the first page of this posting.
The biggest problem is the two car garage. If you have 2 cars and a golf cart, you will always be shuffling cars. The other problem is that the two houses on either side each cost about half of the asking price for this house and they both have golf cart garages. And, who needs a full bathroom suite in the pool area?

[JSR22]

The 2 car garage would not be an issue. I love thepool, outdorr kitchen, view and the closet is killer. What I dislike is so much grey. I find the house gloomy.

[600th Photo Sq]

I know this will be all opinions and hard to answer without pictures, but what would make a new Designer home in McClure worth almost a million dollars?

Homefinder - The Villages(R) Homes and Villas for Sale (https://www.thevillages.com/homefinder/S14V.30?new&preowned&homesites&lng=-81.99355979584547&lat=28.87421165371721&lvl=1)

Totally beautiful home, however, the choice of tile in the Lani/Swimming pool area looks like an accident waiting to happen as in " Slippery ".

The price tag? It is The Villages and it will sell.:)

[Toymeister]

The other problem is that the two houses on either side each cost about half of the asking price for this house

To be precise, homes on that street with the same gc frontage sold for: 474, 527, 476, and 595 thousand.

[600th Photo Sq]

Bob Hope once said a house is a hole in the ground that you stand next to and throw money in. The bigger the hole the more you throw. The bigger the hole the fatter the builder and the thinner the buyer. :ho:

And I bet Mr Hope read it from someone holding a " Q " Card ! :ohdear:

[swooner]

$200/sf
$200k lot
$150k pool
$50k spa
$30k summer kitchen

For starters.


Went on their tour yesterday. Not to be argumentative but; most lots are terrible, very small and home built on top of each other; of all the models only one had a decent pool and some had no pool; Not one summer kitchen in any of them.

[Rosebud2020]

There's one born every minute.
Someone will love it and just have to have it.
Just like another property which was mentioned in a separate post, it will be interesting to see how long this one
remains on the market.

[PugMom]

Its not a lot of $$, for people who came from high end counties in NJ, CT & NY--most likely its less than 50% of what they sold their old house for--

Check out Zillow Chatham NJ
exactly. we sold what we had up there, & purchased here for half the amount. if you are able to pay with cash/money, costs & fees go way down

[kathyspear]

Went on their tour yesterday.

Can someone give me details about this tour? Thanks.

kathy

[retiredguy123]

Can someone give me details about this tour? Thanks.

kathy
I think they are referring to the Designer Model Home Show, Dec 10-16.

The Villages All New Future Lifestyle Opportunities (https://www.thevillages.com/whatsnew/)

[kathyspear]

I think they are referring to the Designer Model Home Show, Dec 10-16.

The Villages All New Future Lifestyle Opportunities (https://www.thevillages.com/whatsnew/)

Thanks. I'm going tomorrow while Dan watches the Eagles. :)

k.

[dillywho]

Lots of things, and not all exterior. A children's dentist back home built such a home (this was over 20 years ago) for close to that price for his parents. It was a two-story huge brick home on a large lot. Even though they were not handicapped then, he still had the house built totally handicap accessible. The bathrooms were large enough in all aspects to accommodate wheel chairs, walk-in tub, etc. He had an elevator, not a lift, an elevator in addition to the stairs. He left no stone unturned and no expense spared. This house has EVERYTHING you could possibly imagine.

[graciegirl]

There's one born every minute.
Someone will love it and just have to have it.
Just like another property which was mentioned in a separate post, it will be interesting to see how long this one
remains on the market.
What makes a property worth a million bucks?
A lot of time it is location.

Our location here in The Villages is blazing HOT.

I have a granddaughter who lives in Manhattan. Little spaces there, APARTMENTS, less than 2000 sq ft and some with DANGEROUSLY lacking ways to get out in case of fire go for exorbitant prices.

If it sells it will be worth a million bucks.

We will see.

The country is in the best financial climate for selling homes it has been in for YEARS.