small homes

[rh67p]

Hi, was interested in the most affordable houses in the V in 2024. I assume prices will drop nationwide by 30% by 2024. Are there new sites opening up on the outskirts
for new small homes?

[Oldragbagger]

///

[Bogie Shooter]

Patio villas are by far the most affordable homes in The Villages and every new village seems to have patio villa neighborhoods. We live in a patio villa and we are very happy. There are models even smaller than ours and some with carports that we thought were surprisingly affordable. Your bond will also be less on a patio villa. Amenities fees and maintenance fee will be the same as any other home in The Villages.

Size of home has nothing to do with amount of bond.

[billethkid]

The Villages home pricing does not necessarily follow national trends in magnitude.

[Ohiogirl]

Size of home has nothing to do with amount of bond.

Each type of neighborhood has the same $ amount for the bond. e.g., all the villas in a CYV neighborhood will have the same bond if in the same Development District - a 2BR will have the same bond as the largest 3 BR. Some Courtyard villas are larger than the smallest designers, but the designer will have a larger bond. The bonds are set for the "density" of the neighborhood (how many units per acre or similar) every time a new development district is established. Patio villa neighborhoods will have the lowest bond per unit.

[jebartle]

Each type of neighborhood has the same $ amount for the bond. e.g., all the villas in a CYV neighborhood will have the same bond if in the same Development District - a 2BR will have the same bond as the largest 3 BR. Some Courtyard villas are larger than the smallest designers, but the designer will have a larger bond. The bonds are set for the "density" of the neighborhood (how many units per acre or similar) every time a new development district is established. Patio villa neighborhoods will have the lowest bond per unit.

Unless you live in lady lake portion of villages, no bond...

[Bogie Shooter]

Each type of neighborhood has the same $ amount for the bond. e.g., all the villas in a CYV neighborhood will have the same bond if in the same Development District - a 2BR will have the same bond as the largest 3 BR. Some Courtyard villas are larger than the smallest designers, but the designer will have a larger bond. The bonds are set for the "density" of the neighborhood (how many units per acre or similar) every time a new development district is established. Patio villa neighborhoods will have the lowest bond per unit.

Like I said, size of home has nothing to do with bond amount.


 What is the Bond Debt Assessment?

The bond debt assessment reflects each lot’s proportionate share of the cost of building the infrastructure within its District or for which its District has responsibility. It is the most equitable method of distributing costs between the properties that benefit from the infrastructure. Infrastructure includes storm water systems, underground pump stations, water retention areas, curbs, gutters, streetlights, transportation trails, underground piping, etc.

 How does the District arrive at the amount? Does everyone pay the same amount?

The Bond Debt Assessment was set at the time the bond used to build the infrastructure was issued. The formula for calculating each lot’s proportionate share starts with the total cost of the bond (including interest) issued to pay for the infrastructure. That cost is divided equally among each assessable acre in the “phase” of the District for which the bond was issued. That gives you a cost per acre. The cost per acre is then multiplied by the number of acres in the unit in which you live. That gives you the obligation for the unit as a whole. The unit total cost is then divided by the number of lots or parcels in the unit, and that computation gives you the amount of the assessment levied against each property. Therefore, each lot within a unit pays the same amount. Amortization schedules for each unit are located on the District’s website Village Community Development Districts (http://www.districtgov.org)

[MrFlorida]

Home prices are not dropping like the national average here in the Villages. This is a resort area, and prices are on the high side.

[Papa_lecki]

Hi, was interested in the most affordable houses in the V in 2024. I assume prices will drop nationwide by 30% by 2024. Are there new sites opening up on the outskirts
for new small homes?

Don’t expect a 30% price drop (I think the level of price increases will just slow), but prices will continue to rise here. Prices are dropping because interest rates are increasing, too many cash buyers in the villages.

[villagetinker]

Hi, was interested in the most affordable houses in the V in 2024. I assume prices will drop nationwide by 30% by 2024. Are there new sites opening up on the outskirts
for new small homes?

Make sure you understand the property lines and property access, as well as the restrictions.

[Oldragbagger]

///

[Bogie Shooter]

Patio villas are on much smaller lots……MUCH smaller. More homes for a given amount of acreage = lower bond. Maximum density in least amount of space. The upside, my husband can mow, weed, and edge in 30 minutes.

You mean less infrastructure means lower bond, right? No, than what do you mean?

[CoachKandSportsguy]

Home prices are not dropping like the national average here in the Villages. This is a resort area, and prices are on the high side.

um, this is a resort area?

me thinks some people have a very high opinion of houses in the middle of rural florida. .

[Altavia]

um, this is a resort area?

me thinks some people have a very high opinion of houses in the middle of rural florida. .

They're able to sell and close over 100 new homes a week for some reason.

[CoachKandSportsguy]

They're able to sell and close over 100 new homes a week for some reason.

thinking this is a resort isn't one of them. .

[manaboutown]

They're able to sell and close over 100 new homes a week for some reason.

5200 homes a year? Wow if true.

[Packer Fan]

Not sure where you get home prices will drop 30% anywhere. Not going to happen, there is no evidence they will. In the villages, they will not drop, just level off. They barely dropped in 2008 and 2009. Just buy when you are ready.

[Garywt]

The patio villas will definitely be the cheapest. They use to make a 1 bed/1bath house that you could get for about $160,000 a few years ago. Probably $220-240k now if they still build them. A 2 bedroom might still be under $300k. To get one of these you need to have an agent ready to pounce the second one comes available or you won’t get it. Used ones might be available as well. A Courtyard Villa is nice and a step up. Built of brick instead of wood but they cost a little more.

Bonds are less in Villa neighborhoods. More house per feet of roadway. On a certain length of road you might have only 6 designer homes vs 10 villas for the same length of road. So $10000/6 or 10000/10 to set bond amounts.

[Rooklift]

1. In my opinion prices will drop and we are already seeing the beginnings of this.
2. This is not a resort community. ( a 65 - 70 yr old woman at Aldi passed on buying eggs for 5 dollars as they were too expensive)
3. Interest rates will effect all potential non cash buyers lowering the supply of buyers at these prices.

[RICH1]

Don’t expect a 30% price drop (I think the level of price increases will just slow), but prices will continue to rise here. Prices are dropping because interest rates are increasing, too many cash buyers in the villages.
I agree …. Lol 30% … banks won’t let that happen … I personally would buy now….there is a shortage of homes nationwide

[Cobullymom]

Size of home has nothing to do with amount of bond.
Oh yes it most certainly does..the bond on a PV is not the same as a designer it goes by density and the PV obviously are set at a much closer rate.

[Cobullymom]

The patio villas will definitely be the cheapest. They use to make a 1 bed/1bath house that you could get for about $160,000 a few years ago. Probably $220-240k now if they still build them. A 2 bedroom might still be under $300k. To get one of these you need to have an agent ready to pounce the second one comes available or you won’t get it. Used ones might be available as well. A Courtyard Villa is nice and a step up. Built of brick instead of wood but they cost a little more.

Bonds are less in Villa neighborhoods. More house per feet of roadway. On a certain length of road you might have only 6 designer homes vs 10 villas for the same length of road. So $10000/6 or 10000/10 to set bond amounts.
Court yard villas are available stick built w/vinyl, block w/ stucco and now some new areas with prepoured walls that are set w/ stucco.

[BrianL99]

um, this is a resort area?

me thinks some people have a very high opinion of houses in the middle of rural florida. .

Let's see ...

Pools, tennis courts, recreation centers and golf courses around every corner? A bunch of people wearing shorts all year round, riding around in golf carts with weird logos, wearing silly hats?

That sounds suspiciously like a "resort". A resort is defined by what it is, not where it's located. Ever been to Yellowstone National Park? It's right the middle of rural Wyoming, bordering Cooke City, Montana.

[golfing eagles]

1. In my opinion prices will drop and we are already seeing the beginnings of this.
2. This is not a resort community. ( a 65 - 70 yr old woman at Aldi passed on buying eggs for 5 dollars as they were too expensive)
3. Interest rates will effect all potential non cash buyers lowering the supply of buyers at these prices.

Time will tell if prices will drop or not. Last time around in 2008 they didn't drop much and rebounded quickly. Time on market is just slightly up for pre-owned homes, but new construction still sells within hours of being released. There are something like 70% cash buyers here, so mortgage rates have minimal impact.

Now, what does the price of eggs, and whether or not a woman who may or may not even live in The Villages passing on their purchase, have to do with home sales?????

[Southwest737]

Golf course house in my neighborhood has come down from over 700 to under 600k. Similar house nearby sold for 730 a year ago. Prices for existing homes has definitely dropped. Why buy an overpriced new home with a 40k bond? Plenty of nice homes up north for sale.

[golfing eagles]

Golf course house in my neighborhood has come down from over 700 to under 600k. Similar house nearby sold for 730 a year ago. Prices for existing homes has definitely dropped. Why buy an overpriced new home with a 40k bond? Plenty of nice homes up north for sale.

Well, I just checked homes on TheVillages.com, and yes, there are a few golf front homes under 600K, mostly on the historic side and older neighborhoods and smaller models. If you want a designer built within the last 10 years on a golf course, you're looking at 1.1 million+

[ehonour]

"new sites opening up on the outskirts"? depends on what you mean by "outskirts"

New sites in TV are all being established now in the south end around the Florida Turnpike. What is "outskirts" today in that area will be completely surrounded by homes in six months. And the new homes being built are the most expensive (for the size) in TV. Older resales are less expensive. Resales in the historic areas (northeast, across US-441) are the least expensive, because they are mostly 30-y-o manufactured homes. But still nice.

If you mean outside the edges of TV, then yes you can get much less expensive purchases—but you will NOT get the amenities unless you're actually inside TV and paying for them in your monthly bill. You won't even be allowed to enter or use the rec centers or pools. Even guest access is limited if you live close to but outside TV. You can play golf, but only at retail rates.

[GizmoWhiskers]

5200 homes a year? Wow if true.
Newest area on south side of SR 470 (to be renamed) is approved for constructing over 8200 households of which over 200 will be under 55 (Middleton).

[Dlbonivich]

Properties in Florida in general will probably not experience a 30% drop anytime soon. 1000 people a day move here. Supply and demand. We have seen a very small correction.

[Sandy and Ed]

They're able to sell and close over 100 new homes a week for some reason.
Higher average age of resident than national norm: Higher mortality rate? Older citizen snowbirds giving up seasonal home? Older year round residents moving closer to family? Moving into assisted living? All of this would create more availability of pre-owned homes to sell. Then add the unrestrained building of new homes in new villages. Supply and demand.

[banjobob]

Hi, was interested in the most affordable houses in the V in 2024. I assume prices will drop nationwide by 30% by 2024. Are there new sites opening up on the outskirts
for new small homes?

Just curious , inquiring for a residence or a rental ,seems so many are becoming short term rentals and BnB, basically destroying neighborhoods.

[Altavia]

Golf course house in my neighborhood has come down from over 700 to under 600k. Similar house nearby sold for 730 a year ago. Prices for existing homes has definitely dropped. Why buy an overpriced new home with a 40k bond? Plenty of nice homes up north for sale.

Have you met anyone who sold a home South of 44 to move "up north"?

[Altavia]

Let's see ...

Pools, tennis courts, recreation centers and golf courses around every corner? A bunch of people wearing shorts all year round, riding around in golf carts with weird logos, wearing silly hats?

That sounds suspiciously like a "resort". A resort is defined but what it is, not where it's located. Ever been to Yellowstone National Park? It's right the middle of rural Wyoming, bordering Cooke City, Montana.

When we go to a "resort" or on a cruise, it often does not live up to what we have in the bubble, we're always happy to be back - spoiled living here.

[MandoMan]

um, this is a resort area?

me thinks some people have a very high opinion of houses in the middle of rural florida. .

Swimming pools, golf courses, tennis and pickle ball courts, horse shoes and shuffle board and bocce ball, games and crafts, free music—I’d say The Villages qualifies as a resort community.

[Altavia]

Golf course house in my neighborhood has come down from over 700 to under 600k. Similar house nearby sold for 730 a year ago. Prices for existing homes has definitely dropped. Why buy an overpriced new home with a 40k bond? Plenty of nice homes up north for sale.

Really?

This would be MLS homes only.

The Villages, Florida Housing Market Report December 2022 - RocketHomes (https://www.rockethomes.com/real-estate-trends/fl/the-villages-sumter)

[Vleka]

Hi, was interested in the most affordable houses in the V in 2024. I assume prices will drop nationwide by 30% by 2024. Are there new sites opening up on the outskirts
for new small homes?
I have two patio villas going on the market next week. Marion county side, close to Nancy Lopez golf course and bonds are paid on both. You can PM me if interested.
352-360-5175

[Altavia]

5200 homes a year? Wow if true.

True, roughly two billion dollars in new home sales a year.

Which is an incremental 25 million dollars added to the property tax base per year.

Wildwood outpaces other cities in growth | News | The Villages Daily Sun | thevillagesdailysun.com (https://www.thevillagesdailysun.com/news/villages/wildwood-outpaces-other-cities-in-growth/article_07a496d0-7cd7-11ec-b628-07bcf75b6dd6.amp.html)

"The 5,179 new residents put Wildwood in seventh place among all cities in the state in net growth, behind only Jacksonville, which saw an increase of 20,951, Port St. Lucie (9,663), Cape Coral (7,538), Miami (7,506), Orlando (6,933) and Tampa (6,841)."

[crash]

Hi, was interested in the most affordable houses in the V in 2024. I assume prices will drop nationwide by 30% by 2024. Are there new sites opening up on the outskirts
for new small homes?

Patio villas are the smallest homes and least expensive so go very fast but they are building them all the time.

You are making a bad assumption about prices dropping 30% in The Villages never happened never will because the vast majority of us are here to stay so won’t be selling.

[shut the front door]

Have you met anyone who sold a home South of 44 to move "up north"?

Yes.

[toeser]

Hi, was interested in the most affordable houses in the V in 2024. I assume prices will drop nationwide by 30% by 2024. Are there new sites opening up on the outskirts
for new small homes?

If home prices in the Villages drop by 30%, the country will be in a deep depression. If you want a new home in the south development area, you will pay top dollar and have a bond to pay off as well. If you want a deal, buy north. You won't have a bond to pay off and the house price will be cheaper. A lot of homes north of 466 are old enough that they have been substantially updated.

[Ptmckiou]

1. In my opinion prices will drop and we are already seeing the beginnings of this.
2. This is not a resort community. ( a 65 - 70 yr old woman at Aldi passed on buying eggs for 5 dollars as they were too expensive)
3. Interest rates will effect all potential non cash buyers lowering the supply of buyers at these prices.

If prices didn’t really drop significantly in 2008 with the crash, then they certainly won’t now. The Villages is always in demand, because people always retiring regardless of the economy. That’s the way it’s always been, and prices always continue to climb. They will slow the new build schedule, so less are for sale, keeping a high demand. A huge percentage of buyers, buy with cash here, so interest rates is irrelevant.

[maistocars]

thinking this is a resort isn't one of them. .
"Resort" doesn't always mean beaches and luxury hotels. To me this is the greatest lifestyle resort ever built.

[Ptmckiou]

We have met several people that were up on the North side (one within walking distance to Sumter landing) and moved south of 44. Why? Because everyone on her street were 80+ and never wanted to go and do anything, especially after 7pm the streets rolled up. She is very active and happy down here with a younger crowd and endless neighborhood parties and gatherings.

[CoachKandSportsguy]

Just curious , inquiring for a residence or a rental ,seems so many are becoming short term rentals and BnB, basically destroying neighborhoods.


LOL! as a slum lord here, most all of our rents were future villagers either waiting for their house to be built, or coming to find a house and learn the best area for them.

The other repeat is a local villager who doesn't have enough room for his extended family for vacations. . . so me thinks you have a biased opinion with no facts. .

[ColtsFan]

I would look for a pre-owned patio villa North of 466-A listed as "Bond Paid". You CAN find them. Tell the agent to only show you the ones with the bond already paid.

[Aces4]

If prices didn’t really drop significantly in 2008 with the crash, then they certainly won’t now. The Villages is always in demand, because people always retiring regardless of the economy. That’s the way it’s always been, and prices always continue to climb. They will slow the new build schedule, so less are for sale, keeping a high demand. A huge percentage of buyers, buy with cash here, so interest rates is irrelevant.

Interest rates are relevant. If a future Village resident’s current home is unsaleable due to high interest rates or the prices on said home sinks, decision to move may be postponed or voided. Who knows how the current financial mess will shake out. We now have many additional residents in the US purchasing limited products which can also fuel inflation. There are many factors to be considered.

[CoachKandSportsguy]

Swimming pools, golf courses, tennis and pickle ball courts, horse shoes and shuffle board and bocce ball, games and crafts, free music—I’d say The Villages qualifies as a resort community.

no night life after 8 pm, no young couple's desires for a wedding venue, nor a honeymoon venue, nor young adults destination for partying. .

its a f* master planned retirement community for the over 55.. . .
a great one i am not debating that

just a day camp for retirees, yes, night life / night clubs for a resort? not so much
:1rotfl: :1rotfl:

[Papa_lecki]

LOL! as a slum lord here, most all of our rents were future villagers either waiting for their house to be built, or coming to find a house and learn the best area for them.

The other repeat is a local villager who doesn't have enough room for his extended family for vacations. . . so me thinks you have a biased opinion with no facts. .

We rented a number of times, but it was to scope out different areas, before we BOUGHT
The wild parties we threw when we rented really brought down the value of the neighborhood.

[villagerjack]

Hardly in the “ middle of a rural area “

[IndianaJones]

Have you met anyone who sold a home South of 44 to move "up north"?
Absolutely - at least 4 couples in my neighborhood alone. Met a few playing golf, as well. Primary reasons: "not enough amenities, golf courses, restaurants, shopping, etc. down there"; "We were on a street where 100% of the homes were rentals/snowbirds, so we were basically the only residents on our street for at least 6 months"; "Didn't want to wait on town squares, rec centers, etc. to be built - wanted access to them now"; "It was going to take too long to put in a pool, so we bought a house with a pool"; and so on. Most lived south less than 2 years, then moved north of 466A.
The point - everyone has a different look at it. I prefer new homes but that's the great thing about TV - something for everyone!

[Vermilion Villager]

um, this is a resort area?

me thinks some people have a very high opinion of houses in the middle of rural florida. .

Did you see what happened when the homes in the village of Richmond came on the market? All of the patio villas at the Northern section sold it within 30 minutes, and 90% of Richmond is now sold.:crap2:

[CoachKandSportsguy]

Hardly in the “ middle of a rural area “

ummm. . built by a cattle rancher on former ranch land, there is still ranch lands on all four sides. . the local town is 200 years old, hasn't changed much, and the main street of stores is about a mile long at best?

So the developer is buying up non rural land to continue building? farm land with cattle inhabitants isn't rural land?

Or are you thinking that TV is a suburb of Orlando?

[Aces4]

Did you see what happened when the homes in the village of Richmond came on the market? All of the patio villas at the Northern section sold it within 30 minutes, and 90% of Richmond is now sold.:crap2:

That doesn’t make it a resort. It’s more like more people moving into heaven’s waiting room.:22yikes:

[Vermilion Villager]

have you met anyone who sold a home south of 44 to move "up north"?

nope!!!!

[Vermilion Villager]

That doesn’t make it a resort. It’s more like more people moving into heaven’s waiting room.:22yikes:
My reply was in reference to the topic at hand....lower priced homes. You seem to be focused on this hijacking of the thread to talk about resorts. To satisfy your craving I can say that I have been to hundreds of resorts in dozens of countries around the world and this community comes as close to resort living as any resort I have had the privilege to visit.

[Aces4]

My reply was in reference to the topic at hand....lower priced homes. You seem to be focused on this hijacking of the thread to talk about resorts. To satisfy your craving I can say that I have been to hundreds of resorts in dozens of countries around the world and this community comes as close to resort living as any resort I have had the privilege to visit.

Aww, confused? I didn’t start the resort conversation. I just pointed out The Villages is heaven’s waiting room.

[rogerk]

You mean less infrastructure means lower bond, right? No, than what do you mean?
Not less infrastructure just more lots to share the cost of the infrastructure.

[CoachKandSportsguy]

Not less infrastructure just more lots to share the cost of the infrastructure.

but more lots means more infrastructure, more water drops, more sewer pumping stations, more electrical drops, etc. .

hmm, seems the that both sort of average out . .

[Altavia]

I would look for a pre-owned patio villa North of 466-A listed as "Bond Paid". You CAN find them. Tell the agent to only show you the ones with the bond already paid.

Check how much homeowners insurance will be on that area.

Newer homes get close to $1,000 a year in discounts due to meeting the latest wind/hurricane codes.

[meme5x]

It’s to bad people don’t look for pre- owned houses as much as the newer ones to the south..homes toward the north have more amenities i.e shopping, restaurants, closer grocery stores and landscaping… close to highway noise, no thanks

[Timeweaver1]

We have met several people that were up on the North side (one within walking distance to Sumter landing) and moved south of 44. Why? Because everyone on her street were 80+ and never wanted to go and do anything, especially after 7pm the streets rolled up. She is very active and happy down here with a younger crowd and endless neighborhood parties and gatherings.

Moved to the northern area 3 years ago at 58. I love my mixed age neighborhood and the older neighbors have been so friendly and helpful. Spanish Springs is a great area with several places open after 9 pm. So happy here - not moving.

[Aces4]

Moved to the northern area 3 years ago at 58. I love my mixed age neighborhood and the older neighbors have been so friendly and helpful. Spanish Springs is a great area with several places open after 9 pm. So happy here - not moving.

It’s that old adage, grow where you are planted. Thankfully, we all don’t want to live on the same square of earth. Why not be happy for yourself and your neighbors for choices made? No need to run down any one’s decision.

[bark4me]

The Villages home pricing does not necessarily follow national trends in magnitude.
Very true

[cjrjck]

Likely prices will drop in TV but probably not by 30%. Not because of a lack of interest but because many potential buyers will have difficulty selling their current home or will have to take a hit as the market nationwide contracts. Because TV is bit insulated to market swings, it may take a while to be noticed.

[CoachKandSportsguy]

a very close friend of ours who works at a hospital about an hour away, just had a conversation with a hospital employee, (friend is in HR and does hiring) that she just bought a house in TV, and is moving in this sunday, dallas 49ers game day. . must be remote worker. . . but the migration continues from the north where cost of living and housing differentials allow leaving here and buying there in cash. . . when ready

ready is determined by "have enough and have had enough" snow and winter and other crap. .

[Boomer]

It’s that old adage, grow where you are planted. Thankfully, we all don’t want to live on the same square of earth. Why not be happy for yourself and your neighbors for choices made? No need to run down any one’s decision.



Yep. But (sigh) we will always have those who try to make themselves feel better by trying to make others feel worse.

Boomer

[JMintzer]

Higher average age of resident than national norm: Higher mortality rate? Older citizen snowbirds giving up seasonal home? Older year round residents moving closer to family? Moving into assisted living? All of this would create more availability of pre-owned homes to sell. Then add the unrestrained building of new homes in new villages. Supply and demand.

None of that has changed. It's always been that way in TV...

Why should it change things now?

[JMintzer]

Have you met anyone who sold a home South of 44 to move "up north"?

Yes...

Oh, and I also know someone who sold a house in Osceola Hills, only to buy the very same model, on a view lot, because she wanted to "watch the birds"...

People have their reasons to move wherever they want to move... Makes no difference to me...

[joelfmi]

Hi, was interested in the most affordable houses in the V in 2024. I assume prices will drop nationwide by 30% by 2024. Are there new sites opening up on the outskirts
for new small homes? can and will learn the home they want to sell that buyers will pay only what it their worth and willing to pay. Munis the cost of upgrades which are very expensive to have completed.

[Timeweaver1]

It’s that old adage, grow where you are planted. Thankfully, we all don’t want to live on the same square of earth. Why not be happy for yourself and your neighbors for choices made? No need to run down any one’s decision.

wow if you think my comment is running down anyone's decision or that I am not happy for other's choices. did you even read my comment?

[Aces4]

wow if you think my comment is running down anyone's decision or that I am not happy for other's choices. did you even read my comment?

I’m sorry, I absolutely did not mean to run down your comment. Looking back, I see it could be interpreted that way.

For the record, I think your comment is truly benign and not maligning anyone.

[Aces4]

a very close friend of ours who works at a hospital about an hour away, just had a conversation with a hospital employee, (friend is in HR and does hiring) that she just bought a house in TV, and is moving in this sunday, dallas 49ers game day. . must be remote worker. . . but the migration continues from the north where cost of living and housing differentials allow leaving here and buying there in cash. . . when ready

ready is determined by "have enough and have had enough" snow and winter and other crap. .

How about the people who have had enough with “palmetto bugs”, termites, dirty palm trees, grass fungus, hurricanes and other crap…:icon_wink:

[westernrider75]

Golf course house in my neighborhood has come down from over 700 to under 600k. Similar house nearby sold for 730 a year ago. Prices for existing homes has definitely dropped. Why buy an overpriced new home with a 40k bond? Plenty of nice homes up north for sale.

Well, why buy a new house….

-new houses and the items in them come with a warranty (including major things like roofs and a/c)

- the new homes have things that some preowned do not, such as higher ceilings, larger garages, more updated floor plans.

-much less traffic in the newer areas because there aren’t the volume of stores and offices like further north areas

Just a few of the reasons the sales of new homes continue to be hot.

[westernrider75]

It’s to bad people don’t look for pre- owned houses as much as the newer ones to the south..homes toward the north have more amenities i.e shopping, restaurants, closer grocery stores and landscaping… close to highway noise, no thanks

I guess everyone is different. I don’t want all that shopping and the traffic it brings, being on my doorstep. I can drive to any of that in less than 30 minutes and not have to fight it every day. Grocery store is 5 minutes away by golf cart.

[CoachKandSportsguy]

How about the people who have had enough with “palmetto bugs”, termites, dirty palm trees, grass fungus, hurricanes and other crap…:icon_wink:

winter, sleet, snow . . . . . . . . . . . . . . couple of bugs . . . .
snow, sleet, high fuel oil heating. . . some grass fungus . . . . .
snow , cold bomb cyclones . . . . . . . . rain, warm bomb hurricanes . . . . .

still think FL wins . . .

[Laker14]

can and will learn the home they want to sell that buyers will pay only what it their worth and willing to pay. Munis the cost of upgrades which are very expensive to have completed.

Congratulations! You have outdone even yourself with your latest incomprehensible post.

It lacks only the word "transparent".

[Aces4]

winter, sleet, snow . . . . . . . . . . . . . . couple of bugs . . . .
snow, sleet, high fuel oil heating. . . some grass fungus . . . . .
snow , cold bomb cyclones . . . . . . . . rain, warm bomb hurricanes . . . . .

still think FL wins . . .

No snow on the ground for month of January back home, natural gas bills low, no grass fungus, no roaches, no sinkholes, no hurricanes but there maybe a seldom tornado warning, no stinking hot summers and I could mention more.

Point being that each area has their share of “crap” in other people’s minds. Florida will never win in my mind but it’s good enough for you and others fulltime. I have no problem with that, live and let live.

[Sorrento19]

This is obviously not the community for you.
Best to look elsewhere.

[npwalters]

Check how much homeowners insurance will be on that area.

Newer homes get close to $1,000 a year in discounts due to meeting the latest wind/hurricane codes.

Wow, $1K per year in discounts. How much are they paying? p.s. my 20 year old home gets a small discount after having my roof inspected to confirm compliance with wind/hurricane codes.

[Aces4]

This is obviously not the community for you.
Best to look elsewhere.

Is this post for anyone in particular? Use the quote button when referring to a post for clarity.

[villagetinker]

Hi, was interested in the most affordable houses in the V in 2024. I assume prices will drop nationwide by 30% by 2024. Are there new sites opening up on the outskirts
for new small homes?

I sent you a Private Message with more info.

[Normal]

There is an old saying about “assume”. The market is very different here. “Nation wide” housing projects generally don’t have bond payments, or association fees. In addition, there is doubt workers will take pay cuts and building materials aren’t getting much cheaper. I hope for your optimism , but I am a realist. There is a housing demand, renting may be your option? Several offsite are being built around the Villages too. When I say several: Beaumont is booming in Wildwood with literally thousands of options, South of 501 across from Monarch Grove boasts another 500 apartment units, and there is Top of the World in Ocala. Good luck with your search.

[Marathon Man]

Congratulations! You have outdone even yourself with your latest incomprehensible post.

It lacks only the word "transparent".

Well said, Sir.

[rh67p]

thanks for the many replies. Thread closed.