Buying and older house question

[Guinness835]

My wife and I are seriously looking to buy a house in The Villages in the very near future. We have visited several times and have a couple of friends that have moved there, so we are fairly familiar with it.

We have come to the conclusion that we would like to be in the in an established area versus the new builds down in the southern part. We would prefer “between the sixes,” but have also looked at houses between Lake Sumter and Spanish Springs around Tierra Del Sol.

We have seen a couple of houses online recently that were completely renovated, but built in the late 90’s. I have read and heard about insurance difficulties regarding roof age and all of that, so we’re fairly informed about that. I also believe homes built after 2004(ish) had different building requirements such as hurricane clips. I know that it is preferable if a home built before that has these hurricane clips added later.

I am just curious if anyone has any other pros/cons or concerns for buying a home built in 1998-1999 or so versus something built in the 2000’s. I know that probably is a loaded question, but we have learned a lot from this site and just want to do our due diligence and look at all angles. Thank you in advance!

[retiredguy123]

There are plenty of houses available that are less than 10 years old. To me, it would make no sense to buy a house that is 25 years old. I don't know what your budget is, but I would make sure that you buy a house that has garage space for 2 cars and a separate golf cart garage. A lot of older houses do not meet this requirement, but it is very important for function and resale.

[Guinness835]

There are plenty of houses available that are less than 10 years old. To me, it would make no sense to buy a house that is 25 years old. I don't know what your budget is, but I would make sure that you buy a house that has garage space for 2 cars and a separate golf cart garage. A lot of older houses do not meet this requirement, but it is very important for function and resale.

Thank you. Our budget is around 700K. We have primarily looked at newer houses, but a couple have come up that are completely remodeled and look new. The age is the only thing that concerns us. I should’ve added we prefer a golf course or water view if possible. I know that limits the available inventory.

[retiredguy123]

Thank you. Our budget is around 700K. We have primarily looked at newer houses, but a couple have come up that are completely remodeled and look new. The age is the only thing that concerns us. I should’ve added we prefer a golf course or water view if possible. I know that limits the available inventory.
In that price range, a water view or golf course view is a must. But, unless the lot is magnificent, I don't think it will increase in value anywhere close to a newer house. The age will work against it.

I would suggest looking at Sunset Pointe. The houses there were built around 2005, when the housing bust started, so they have not appreciated as much as other Villages areas. But, there are some nice golf course and water views and large trees available. Good luck.

[Marathon Man]

Between the sixes is a great choice. That is where we first bought. My advice would be to include the area just south of 466A. Hillsborough, Pinellas, etc.

[Polarlys]

4 yrs ago we purchased a house in the Spanish Springs area. Like you we preferred the older neighborhoods and mature landscaping. Our house was built in 2001 ( just before the hurricane wind mandate) and had a 2 year old roof. The inspections were good but the insurance company ( Progressive) questioned the wind mitigation and asked for an amendment to the inspection showing compliance. Knowing that the requirement was imminent the builder had already implemented the changes and the inspector showed that we were in compliance and the insurance company was satisfied.

So it's pretty easy to find out if an older home, you may be interested in, is in compliance or not.

[Byte1]

I think you have already made up your mind. IMO, the homes North of Rt466 are an excellent choice for several reasons.
The bond is paid off
Established neighborhoods with comfortable seniors
Established and mature landscaping
Many more reasons, I'm sure.
Look for one that has had the roof replaced in the last few years
One that has had a new AC/HC replaced in the last few years
Once you have potentially decided on a place, have an inspection performed and any repairs made before closing.
Just my opinion, of course. The prices are down right now, but will start climbing again, IF/IF the interest rates drop on mortgages. I've seen home prices in the Villages drop up to $50K in just the last few months. Snatch one up now while the price is low. You can always move again later if you see something you like better. Most folks move at least twice or even three times before they finally find their "forever home" in the Villages.
IMO, in areas where there are very few homes for sale, probably means that folks love it there and have no intention of moving. That makes a nice neighborhood, IMO.

[OrangeBlossomBaby]

Personally I'd not go with a direct water view. In the Villages that usually means "view of a retention pond" and those can dry out or become very low during droughts, increasing mosquito activity and a view of dead fish on the banks. If you go with a golf course view, make sure your house won't be too close to the destination of a slice. Some homes have to put protective shields over their windows just for the purpose and you can see the dings on their siding from where balls have hit them.

Being in a neighborhood that HAS a water or golf view is awesome. You get to see it, but not have to live directly in line of the occasional unfortunate results of it.

If you go for an older home, getting it inspected is an absolute must. Also, you'll want to check with ARC on any exterior modifications, make sure they've been approved. Things like an unusual color of the house or shutters, any landscaping features, driveway expansions or surface paint, and similar. The last thing you need is to move into your gorgeous home, and some freak in the area submits a complaint that your entire sidewalk layout was never approved and you end up having to dig it up and rebuild a new one that complies with their restrictions.

For the area you're looking, you probably won't need to spend $700k. You could probably find a spacious, well-kept home in excellent condition for under $500k. Largo and Sabal Chase have quite a few options right now.

[Normal]

I think you have already made up your mind. IMO, the homes North of Rt466 are an excellent choice for several reasons.
The bond is paid off
Established neighborhoods with comfortable seniors
Established and mature landscaping
Many more reasons, I'm sure.
Look for one that has had the roof replaced in the last few years
One that has had a new AC/HC replaced in the last few years
Once you have potentially decided on a place, have an inspection performed and any repairs made before closing.
Just my opinion, of course. The prices are down right now, but will start climbing again, IF/IF the interest rates drop on mortgages. I've seen home prices in the Villages drop up to $50K in just the last few months. Snatch one up now while the price is low. You can always move again later if you see something you like better. Most folks move at least twice or even three times before they finally find their "forever home" in the Villages.
IMO, in areas where there are very few homes for sale, probably means that folks love it there and have no intention of moving. That makes a nice neighborhood, IMO.

Totally agree. If you are watching the market, the indicators of a turning upward would be changes in inventory or mortgage rates both of which correlate. Just put a shortcut for Zillow Access to this page has been denied (https://www.zillow.com/the-villages-fl/) and Bankrate Current Mortgage Rates: Compare Today's Rates | Bankrate (https://www.bankrate.com/mortgages/mortgage-rates/) on your frequented device. Right now there is still the downward trend, but how low can it go?

Most of us are waiting for a couple of recession indicators before anyone can really say much else. The job market is numero uno.

[Stu from NYC]

Whatever you do hire a qualified home inspector, and walk the house and take notes during inspection.

[Snakster66]

We bought a 2005 build back in August in Winifred (between 466 and Palmer). Absolutely love the area. Got it for a great price and we are in the middle of doing renovations. We feel central to pretty much everything that we want. Just can't beat the location. My advice, if it needs some updating (and many do), just make sure you get it at the right price and allow for reno. If you can find one already recently upgraded, so much the better. Best of luck.

[Berwin]

Our last house was built in 1960 and I can tell you that it was MUCH better in quality and workmanship than our home here that was built in the early 2000s. We also have a motorhome and the common advice there is to buy a used one that has all the kinks worked out.

[Papa_lecki]

IMO, be careful with a golf course view.
If you are on an executive, you will have a parade of golf carts every 7 minutes, all day. I would especially avoid the area around a tee box or the green.
On a championship, you’ll have less traffic after 12:00 , so it’s not as bad.

I think between 466 and 44 is the sweet spot now, for pre owned. 466A to 44 are newer, have upgrades done and many have bond paid off.

[sdeikenberry]

Our home was built in 1995 and has hurricane wind mitigation. This is just south of Spanish Springs. I believe you get more for your money with an older home. Landscaping, home upgrades, renovations, and stable neighborhood, and generally better construction than the newer homes

[retiredguy123]

Our home was built in 1995 and has hurricane wind mitigation. This is just south of Spanish Springs. I believe you get more for your money with an older home. Landscaping, home upgrades, renovations, and stable neighborhood, and generally better construction than the newer homes
Can you define "better construction"? That is not my experience in The Villages. Also, be careful about a house that has extensive landscaping that requires a lot of maintenance. Many people want a smaller lot with less landscaping.

[Cuervo]

Old house vs new house, whether a house is old or new there are always problems that have to be work out. In the past 40 years I live in four different new houses that we contracted to build and there were some problems that we didn't prep for. But at the end of the day if I'm going to face a problem, I want it to be of my own making.

[bowlingal]

just be aware....the houses further into the northern areas have lots of oak trees. Yes, good shade in the summer, BUT creates a mess from about Oct thru March with all the leaves and acorns dropping. You will be out there almost every day raking if you want your lawn looking nice. They also block the sunlight, so grass does not grow in that area. Believe me, I know. had my oak taken down, couldn't do it anymore. Much happier now.

[La lamy]

just be aware....the houses further into the northern areas have lots of oak trees. Yes, good shade in the summer, BUT creates a mess from about Oct thru March with all the leaves and acorns dropping. You will be out there almost every day raking if you want your lawn looking nice. They also block the sunlight, so grass does not grow in that area. Believe me, I know. had my oak taken down, couldn't do it anymore. Much happier now.

I agree about oak trees, but I'm surprised you were allowed to cut it down. Or did you do it without asking?

[motherflippinpicker]

My wife and I are seriously looking to buy a house in The Villages in the very near future. We have visited several times and have a couple of friends that have moved there, so we are fairly familiar with it.

We have come to the conclusion that we would like to be in the in an established area versus the new builds down in the southern part. We would prefer “between the sixes,” but have also looked at houses between Lake Sumter and Spanish Springs around Tierra Del Sol.

We have seen a couple of houses online recently that were completely renovated, but built in the late 90’s. I have read and heard about insurance difficulties regarding roof age and all of that, so we’re fairly informed about that. I also believe homes built after 2004(ish) had different building requirements such as hurricane clips. I know that it is preferable if a home built before that has these hurricane clips added later.

I am just curious if anyone has any other pros/cons or concerns for buying a home built in 1998-1999 or so versus something built in the 2000’s. I know that probably is a loaded question, but we have learned a lot from this site and just want to do our due diligence and look at all angles. Thank you in advance!

As someone who just went through this, my best advice would be to buy as new as possible. We couldn't get insurance on older homes and anything before 2006 will have higher rates due to building codes. Keep in mind that most of the time insurance rates go up each year or you may be dropped by your company and find yourself scrambling to secure insurance. We moved from Southern Florida due to insurance issues. I'm not trying to scare you but until/if this gets fixed, I would only buy as new as you can. That will offer you ten years of worry -free insurance renewals.

[BostonTom]

Location is number one deciding factor in real estate. We bought courtyard villa directly outside of Brownwood we can walk or one minute golf cart ride into Brownwood or Publix and of course Dunkin first thing in the morning. Although now the resales are much higher due to neighborhood location than courtyard villa down south. We have two car garage but wish it also had golf cart garage. Courtyard villa minimal landscaping. Richmond / Alden / Atwood / Atrim Dells great locations.

[USOTR]

Florida hurricane wind mandate came into effect in 2001.. So most house built in 2002 on have hurricane clips and other items needed to meet code. Have a wind mediation and 4 point inspection done on your prospective house prior to closing. Our inspection saved us over $900 a year on insurance.

Also make sure your prospective home has double pane windows and doors that seal.. Our tropical climate without proper insolation will suck down the electric trying to keep your home cool in the summer.

[phousel]

We bought 4 years ago, in Belvedere. House was 20 years old and recently painted (inside) with new LVP flooring and new roof. House is vinyl sided (stick built) and is in great shape. Since then, I have replaced the HVAC and added a Mini Split to the lanai. Also replaced the water heater. House had wind mitigation "upgrade" already. This was a "location, location, location" sale for me (us)! Close enough for shopping, entertainment and sports (triple crown exec courses right around the corner). Racket, water and softball activities within a 5 minute golf cart ride. We do not has "kissing lanai" but (for me) water and/or golf view are over rated. My enclosed lanai (like most I assume) is used as a another living room.
I last comment- you may concern yourself with the direction you house faces. The afternoon sun (summer) can be a factor.

[Mathmarm]

[/QUOTE]]Personally I'd not go with a direct water vthe area you're looking, you probably won't need to spend $700k. You could probably find a spacious, well-kept home in excellent condition for under $500k. Largo and Sabal Chase have quite a few options right now.[/QUOTE]

Largo is downwind from the water treatment facility and often has a stench hanging over it. Golfers on Bacall or Bogart get a good whiff from time to time.
Even driving through Largo yesterday, you could smell it.

[BobnPeg]

]Personally I'd not go with a direct water vthe area you're looking, you probably won't need to spend $700k. You could probably find a spacious, well-kept home in excellent condition for under $500k. Largo and Sabal Chase have quite a few options right now.[/QUOTE]

Largo is downwind from the water treatment facility and often has a stench hanging over it. Golfers on Bacall or Bogart get a good whiff from time to time.
Even driving through Largo yesterday, you could smell it.[/QUOTE]

We live in Largo east of Canal, no stench in over 3 years living here.

[Sandy and Ed]

Opinion: buy between the “sixes” as you called it. Air conditioners, water heaters and roofs all age. You can expect to replace them every 15 years. The roof obviously depends on your insurance carrier. They seem to like the 15 year point. I live in Pennecamp so we are at that 15 year mark and insurance carriers are already questioning the roof in consideration for renewals. Considering when those three items were replaced might be good to include in your decision when you price compare homes for sale. Hands down, the more recent the build you can probably expect to see better construction so, again betwixt 466 and 466a good choice

[Villagesgal]

Don't let anyone talk you out of a golf course and water view. We have lived in our designer championship golf course front home with a beautiful water view now for 24 years. Homes built in 2001 have the hurricane clips. Every day that we open our blinds/curtains we are still in awe of the view.
Every single day. Most of our neighbors on our side of the street have sold only when they moved to assisted living or passed away. Homes on our side very rarely go up for sale and sell immediately in the $600,000 plus range.
Buy what you love the first time and there's no need to ever move.
By the way, construction quality on the Designer and Premier homes built in the early 2000's, is far superior to newer homes, we have friends who moved here and bought new down south, they have lots of problems due to poorer build quality. Have a structural engineer do your home inspection either way. You will never regret having a beautiful golf front/water view, but you will regret not having one everytime you open your windows and see your neighbors house directly behind you.

[MicRoDrafting]

COINCIDENTALLY
this reply is actually inline with our reasoning when my wife and I moved into our home last year between Spanish Springs and Lake Sumter Landing .

ESTABLISHED
is Most Definitely the KEY word, and …

… moving in right next to the “Mayor Couple of the Neighborhood” turned out to Truly be a Blessing in Disguise !!

They Quickly helped us to Navigate around the Modal Roads in our Buggy (not golfers - yet), pointed out tons of hot spots to Shop, Eat, Explore Nature and the Enjoy the History surrounding The Villages.

have heard some negativity about the newer southern areas, and while house shopping ourselves felt very disconnected from from the cheerful hustle bustle of the SR 441 Corridor as well as the excitement of the The Village Squares …

… the newer neighborhoods just seemed way too isolated as the business buildup will most likely take quite a few years to come to life

[airstreamingypsy]

My opinion, if I had friends who already live here, I would buy somewhere near them.

[Sandy and Ed]

Caution: that golf course or water view should be behind the house or else you will be looking at traffic on the road zooming past your view. Additionally if the rear of your house is facing the road you can expect both foot and car/golf cart traffic to have a nice view of your lanai, living room area. Be Also when looking at a water view make sure it’s not a view of a swamp breeding mosquitoes. Given your budget you should be able to find a great home in a great location. Suggest you just drive around all the villages in the area of interest to you and then charge your realtor to find you a home that meets your specs. No rush. Plenty on the market and probably more to come soon.

[CarlR33]

I have seen land for sale on the VLS where the old home was torn down and now they are offering the land for sale. If you have a home without a loan and cannot get insurance then bank the money for future roof? The comments above about the newer homes being of lower construction quality are misleading. Why would the developer even consider doing that and risk the reputation of the community? My home did not collapse during Milton and I was in it the whole time.

[Normal]

50,000 dollars for a bond and a lifetime of annual GUARANTEED CITY TAXES! No thanks.

Avoid new areas and their bonds like the plague. The money you save moving to a more northern area can buy A LOT of upgrades. Additional city taxes on a new home run north of 1000 per year on almost any house south of 44. Besides, most upgrades like a driveway or granite are already done in a preowned home. Heck, half the time the furniture is included too.

[coconutmama]

just be aware....the houses further into the northern areas have lots of oak trees. Yes, good shade in the summer, BUT creates a mess from about Oct thru March with all the leaves and acorns dropping. You will be out there almost every day raking if you want your lawn looking nice. They also block the sunlight, so grass does not grow in that area. Believe me, I know. had my oak taken down, couldn't do it anymore. Much happier now.

So true. Also any limbs hanging over your home are a liability in hurricanes. Additionally they are an avenue for squirrels, rats & raccoons to your roof

[Kittycat2]

So you’re supporting the ‘disposable community ‘ theory? Use it while it’s shiny then throw it away.

[thelegges]

50,000 dollars for a bond and a lifetime of annual GUARANTEED CITY TAXES! No thanks.

Avoid new areas and their bonds like the plague. The money you save moving to a more northern area can buy A LOT of upgrades. Additional city taxes on a new home run north of 1000 per year on almost any house south of 44. Besides, most upgrades like a driveway or granite are already done in a preowned home. Heck, half the time the furniture is included too.

It ok there are thousands who have zero issues with a bond, and truly living proof there is life and the pursuit of happiness south of 44. Especially if you are in your 40s and 50s, who only want to move once to a forever home. Buying a Forty year old house when you are only 50, will be in need of a great deal of maintenance for 20-30-40 plus years.

Then again those who choose to have newer seem to take bond and taxes with less stress than residents in their 70s-90s. Change can be very difficult as one ages

[Normal]

It ok there are thousands who have zero issues with a bond, and truly living proof there is life and the pursuit of happiness south of 44. Especially if you are in your 40s and 50s, who only want to move once to a forever home. Buying a Forty year old house when you are only 50, will be in need of a great deal of maintenance for 20-30-40 plus years.

Then again those who choose to have newer seem to take bond and taxes with less stress than residents in their 70s-90s. Change can be very difficult as one ages

Enjoy :)

I guess some are fine with throwing away cash. Avoid Newell and Dabney though, the Lake County and Leesburg tax man is hungry and upping the ante again.

[jjombrello]

My home was built in 1998 and we have hurricane clips and passed an inspection that confirmed we met the building code. It lowered our insurance costs. I have also replaced the roof and have a newer hot water heater. What you might find in a resell is that a lot of improvements and enhancements have been designed into, or added to the home, that may come as a bonus in a purchase. You will find some very good homes available that meet your criteria, and I support your decision to look in established areas. Should you find something to your liking, have and inspection done to make sure all is to your satisfaction. It's just a matter of what makes you happy with the decision.

[CarlR33]

Enjoy :)

I guess some are fine with throwing away cash. Avoid Newell and Dabney though, the Lake County and Leesburg tax man is hungry and upping the ante again.I can move out as quickly as I moved in which most my age will not consider. Pay on a bond or put that same money toward the headache of renovating or fixing the stuff that someone DIY’d incorrectly. I guess to each their own.

[Birdrm]

50,000 dollars for a bond and a lifetime of annual GUARANTEED CITY TAXES! No thanks.

Avoid new areas and their bonds like the plague. The money you save moving to a more northern area can buy A LOT of upgrades. Additional city taxes on a new home run north of 1000 per year on almost any house south of 44. Besides, most upgrades like a driveway or granite are already done in a preowned home. Heck, half the time the furniture is included too.

Not all homes south of 44 are that expensive, I bought a 1900sf 3 bedroom villa and the city tax is less than $800 and my bond was $17,000!

[jimjamuser]

Our home was built in 1995 and has hurricane wind mitigation. This is just south of Spanish Springs. I believe you get more for your money with an older home. Landscaping, home upgrades, renovations, and stable neighborhood, and generally better construction than the newer homes
You also get a bigger yard. I would advise visiting in the summer.

[jimjamuser]

just be aware....the houses further into the northern areas have lots of oak trees. Yes, good shade in the summer, BUT creates a mess from about Oct thru March with all the leaves and acorns dropping. You will be out there almost every day raking if you want your lawn looking nice. They also block the sunlight, so grass does not grow in that area. Believe me, I know. had my oak taken down, couldn't do it anymore. Much happier now.
Basically, maple trees are better than oak trees.

[jimjamuser]

Don't let anyone talk you out of a golf course and water view. We have lived in our designer championship golf course front home with a beautiful water view now for 24 years. Homes built in 2001 have the hurricane clips. Every day that we open our blinds/curtains we are still in awe of the view.
Every single day. Most of our neighbors on our side of the street have sold only when they moved to assisted living or passed away. Homes on our side very rarely go up for sale and sell immediately in the $600,000 plus range.
Buy what you love the first time and there's no need to ever move.
By the way, construction quality on the Designer and Premier homes built in the early 2000's, is far superior to newer homes, we have friends who moved here and bought new down south, they have lots of problems due to poorer build quality. Have a structural engineer do your home inspection either way. You will never regret having a beautiful golf front/water view, but you will regret not having one everytime you open your windows and see your neighbors house directly behind you.
This is a good post with much VALUABLE information.

[jimjamuser]

I think that the average age of the residents seems to go DOWN as you go SOUTH in The Villages. Lakes and golf views may be important to many people, but I think that the AGE of the people in your Village is an underappreciated factor.

[thelegges]

Enjoy :)

I guess some are fine with throwing away cash. Avoid Newell and Dabney though, the Lake County and Leesburg tax man is hungry and upping the ante again.

In “07”the wrong place to buy was Virginia Trace, 2010 Pennacamp, 2012, Fernandina. Funny we bought in all those wrong places and not only enjoyed the area, sold each with a great profit along with the bond balance. Never listened to the horror throwing away money posts then, just like today. Warnings haven’t changed in 20 years.

We did however Throw our profit of monies into the next houses in TV. Not sure I would consider throw away money. Some post fear without first hand experience. Usually those who shelter in same home, can’t really warn anyone, because the lack of first hand knowledge is just gossip at the grocery. Or just newer residents with less experience.

Residents have known about Lake county for 20plus years, so no big surprises.
Many of us came from areas that our taxes were triple or quadrupled higher than Lake, Leesburg. So many TV residents bank the cash savings from the high taxes all over the US.

Over half of our neighborhood is those who have moved from northern areas of TV.

[Santiagogirl]

We love our home near Savannah Center, polo fields, shopping, etc. Great neighbors, including original owners as well 50- & 60-something youngsters who are moving in as neighborhood turns over due to age. Only construction issue we worry about is plastic plumbing lines, which can become frail & fail with time. Of course our friends in southern half of The Villages also love their homes. This is great place, period. You will likely be happy wherever you choose. Two pieces of advice:
1) Live as close as possible to the activities you enjoy. For example, of you want join a bowling league or the bridge club, or play softball in a division whose games are played mostly on the north end of The Villages, you will never get back all of the precious time you will spend commuting back & forth from the southern areas of the development (particularly if you wish to travel by golf cart). On the other hand, if you plan to visit theme parks frequently or are still working & need to fly out of MCO on a regular basis, locating close to the turnpike could make your life much easier. If your needs change, you can consider a move.
2) Downsize as much as you can, & bring as little as possible when you move. People come here for nice weather & activities, not to impress the Joneses. If family visits only 2 or 3 times a year, would you be better off renting them a nice Airbnb when the need arises, and enjoying a smaller, well-appointed villa with a golf course view and a huge lanai for entertaining? Lower maintenance requirements & more in your budget for cruises, etc, could make this your smartest option.
Consider what features are really important to you in a home.
None of these houses have enough storage--an extended garage or golf cart garage is valuable even if you have a single vehicle, & enhances resale. We love the neighborhood & sports pools, & were only too happy to leave behind maintenance of a large pool at our old home. However, if a private pool is important for you there are plenty available all over The Villages. Having a nearby dog park or other place to walk your pet when the pavement is too hot for their paws may be high on your list. Etc, etc.

Good luck on your home search.

[OrangeBlossomBaby]

If we were able to afford it at the time, we probably would've ended up just south of Sumter Landing, around the northern curve of Odell Circle - or just south of Spanish Springs, off Del Mar or maybe in Chula Vista. Where we come from an "old" house is something built before 1950. And there are homes where we come from dating back to the 1700s that are still standing and inhabitable.

This notion of "old houses" being built in the 1980's is just insane. I don't understand the concept or the mentality at all.

[shaw8700@outlook.com]

We bought a 2005 build back in August in Winifred (between 466 and Palmer). Absolutely love the area. Got it for a great price and we are in the middle of doing renovations. We feel central to pretty much everything that we want. Just can't beat the location. My advice, if it needs some updating (and many do), just make sure you get it at the right price and allow for reno. If you can find one already recently upgraded, so much the better. Best of luck.
Winifred is a great place to live - right across the street from us!

[Byte1]

Now is the time to purchase a home in the Villages. It is a buyer's market that the Villages has never seen before. Even when the "bubble" burst years ago, the Villages home prices stayed stable and homes sold fast. There are some REALLY great homes in well established neighborhoods in the Northern part of the Villages. Just saying.

[jrref]

It ok there are thousands who have zero issues with a bond, and truly living proof there is life and the pursuit of happiness south of 44. Especially if you are in your 40s and 50s, who only want to move once to a forever home. Buying a Forty year old house when you are only 50, will be in need of a great deal of maintenance for 20-30-40 plus years.

Then again those who choose to have newer seem to take bond and taxes with less stress than residents in their 70s-90s. Change can be very difficult as one ages

I'm not sure this is what is being said. If you go North of Rt44 the homes start at 8 or 9 years old and are in Sumter, no additional local taxes. As you go North from there the homes get older progressively.

[retiredguy123]

I'm not sure this is what is being said. If you go North of Rt44 the homes start at 8 or 9 years old and are in Sumter, no additional local taxes. As you go North from there the homes get older progressively.
Note that the houses in Pine Hills and Pine Ridge are in Fruitland Park, Lake County. These houses are about 10 years old.

[seecapecod]

My wife and I are seriously looking to buy a house in The Villages in the very near future. We have visited several times and have a couple of friends that have moved there, so we are fairly familiar with it.

We have come to the conclusion that we would like to be in the in an established area versus the new builds down in the southern part. We would prefer “between the sixes,” but have also looked at houses between Lake Sumter and Spanish Springs around Tierra Del Sol.

We have seen a couple of houses online recently that were completely renovated, but built in the late 90’s. I have read and heard about insurance difficulties regarding roof age and all of that, so we’re fairly informed about that. I also believe homes built after 2004(ish) had different building requirements such as hurricane clips. I know that it is preferable if a home built before that has these hurricane clips added later.

I am just curious if anyone has any other pros/cons or concerns for buying a home built in 1998-1999 or so versus something built in the 2000’s. I know that probably is a loaded question, but we have learned a lot from this site and just want to do our due diligence and look at all angles. Thank you in advance!

We are in Pennecamp- closer to 466A than 466. Home built in 2011. We are on Red Fish run- house next to ours just sold a month ago for $869k. It had been updated about 5 years ago. My advice- a really good Realtor (MLS) or Sales Agent (VLS) should be able to guide you and answer all of these questions. Ours did, we purchased our home in 2022 $787k next to the one I mentioned above. Then painted the interior, added Crown moulding, just enclosed the lanai etc.

[Angelhug52]

My wife and I are seriously looking to buy a house in The Villages in the very near future. We have visited several times and have a couple of friends that have moved there, so we are fairly familiar with it.

We have come to the conclusion that we would like to be in the in an established area versus the new builds down in the southern part. We would prefer “between the sixes,” but have also looked at houses between Lake Sumter and Spanish Springs around Tierra Del Sol.

We have seen a couple of houses online recently that were completely renovated, but built in the late 90’s. I have read and heard about insurance difficulties regarding roof age and all of that, so we’re fairly informed about that. I also believe homes built after 2004(ish) had different building requirements such as hurricane clips. I know that it is preferable if a home built before that has these hurricane clips added later.

I am just curious if anyone has any other pros/cons or concerns for buying a home built in 1998-1999 or so versus something built in the 2000’s. I know that probably is a loaded question, but we have learned a lot from this site and just want to do our due diligence and look at all angles. Thank you in advance!
Depending on your age...I would look for a house that will accomadate aging,ease of care. Extra room/ bath if a caregiver is needed. If you plan on another 30 years of active life buy what YOU like. When you no longer are enjoying it or able to care for it sell.You can sell and buy again through the years. Priority is Safety. Good roof good air conditioner/ heat., plumbing Controlled termities. Area north of 466, homes have more privacy and character.

[nn0wheremann]

My wife and I are seriously looking to buy a house in The Villages in the very near future. We have visited several times and have a couple of friends that have moved there, so we are fairly familiar with it.

We have come to the conclusion that we would like to be in the in an established area versus the new builds down in the southern part. We would prefer “between the sixes,” but have also looked at houses between Lake Sumter and Spanish Springs around Tierra Del Sol.

We have seen a couple of houses online recently that were completely renovated, but built in the late 90’s. I have read and heard about insurance difficulties regarding roof age and all of that, so we’re fairly informed about that. I also believe homes built after 2004(ish) had different building requirements such as hurricane clips. I know that it is preferable if a home built before that has these hurricane clips added later.

I am just curious if anyone has any other pros/cons or concerns for buying a home built in 1998-1999 or so versus something built in the 2000’s. I know that probably is a loaded question, but we have learned a lot from this site and just want to do our due diligence and look at all angles. Thank you in advance!
You will need a five point insurance inspection, (wind mitigation etc). Most of the roofs have been replaced by now. Building codes were changed in 2001, and you will need an occupancy permit or copy of the final building construction permit inspection, available online, showing this was issued after 2002. Roof requirements were made more strict around 2012, but your wind inspection will show compliance.

Lowest taxes are Sumter County, but not in City of Wildwood. Stay out of Lake County, and be sure your electricity comes from Sumter Electric Co-op, not Duke or Leesburg.

The further north you go, the more civilized and benign the traffic, automobile and golf cart, will be.

[CoachKandSportsguy]

maybe its a good time to buy, though I expect there will be a better time in the near future.

If the stonk market tanks, say 20-30%, that will be a signal to really start looking as many retirement portfolios will put a hurt on future affordability of living here. Many CFPs will start advising clients to sit tight, not make any huge life changing events if you are currently on the border of making a lifestyle change.

All depends on your financial strength and the ability to avoid a large drawdown. There will be portion of the population here who can not, and that will be the time to bottom pick a really good deal.

oh, and for those new here, I type cautious on the market recently, when risk appears higher than average.
And I define risk as large potential drawdown of asset values.

[Normal]

….Lowest taxes are Sumter County, but not in City of Wildwood. Stay out of Lake County, and be sure your electricity comes from Sumter Electric Co-op, not Duke or Leesburg….

Absolutely, spot on. The wallet gets the punch in the gut if you move into Fruitland Park, Leesburg or Wildwood. Also, watch out for the northern Villages in Marion County/Lady Lake.

[jimjamuser]

Many economists are predicting a recession this year. That would be the time to buy a house.

[jimjamuser]

maybe its a good time to buy, though I expect there will be a better time in the near future.

If the stonk market tanks, say 20-30%, that will be a signal to really start looking as many retirement portfolios will put a hurt on future affordability of living here. Many CFPs will start advising clients to sit tight, not make any huge life changing events if you are currently on the border of making a lifestyle change.

All depends on your financial strength and the ability to avoid a large drawdown. There will be portion of the population here who can not, and that will be the time to bottom pick a really good deal.

oh, and for those new here, I type cautious on the market recently, when risk appears higher than average.
And I define risk as large potential drawdown of asset values.
I agree that this is a good prediction of the future.

[Normal]

Many economists are predicting a recession this year. That would be the time to buy a house.

There is a strong possibility because of layoffs and pressure caused by interest rates which aren’t changing anytime soon (July Fed meeting?)

[rjrobart]

If looking in Spanish Springs you're looking at an area that's the oldest in the community of The Villages. That said the older homes are actually built better than today's homes. I was just told us some are new homes aren't even coming with ceiling fans. So what else are they cutting out. My feeling is up to pick the community or the village where you want to be closely associated with. If you want to be fairly close say to Sumpter Landing, then pick something an area where you're comfortable getting to the Village of your choice by golf cart. Roofs can be replaced, or a contingency can be put on the sale. Style open floor plan, and of course the work you need to have done to bring it up to speed of your liking. You can negotiate on existing resales, but not on new home being sold by The Villages. Line up your pros and cons, and negotiate. You'll find it. Patience is a virtue!

[retiredguy123]

If looking in Spanish Springs you're looking at an area that's the oldest in the community of The Villages. That said the older homes are actually built better than today's homes. I was just told us some are new homes aren't even coming with ceiling fans. So what else are they cutting out. My feeling is up to pick the community or the village where you want to be closely associated with. If you want to be fairly close say to Sumpter Landing, then pick something an area where you're comfortable getting to the Village of your choice by golf cart. Roofs can be replaced, or a contingency can be put on the sale. Style open floor plan, and of course the work you need to have done to bring it up to speed of your liking. You can negotiate on existing resales, but not on new home being sold by The Villages. Line up your pros and cons, and negotiate. You'll find it. Patience is a virtue!
Please explain what you mean that "older homes are built better than today's homes". I asked another poster the same thing and I got no reply. My experience is that the construction quality has not changed much in the past 25-30 years of Villages construction. My house, built 9 years ago, did not come with ceiling fans, but the electric boxes were installed, and I was able to buy ceiling fans from the builder and they installed them. But, this has absolutely nothing to do with construction quality.

[Bassdeer]

Many economists are predicting a recession this year. That would be the time to buy a house.

Been hearing this for the last four years, Bah Bah Bah

[Snakster66]

Basically, maple trees are better than oak trees.

As someone who has had to remove many a maple tree from past homes due to disease, etc., I beg to differ. Like Quint who will never put on a life jacket again, I will never have a place with a maple tree again.

[OrangeBlossomBaby]

As someone who has had to remove many a maple tree from past homes due to disease, etc., I beg to differ. Like Quint who will never put on a life jacket again, I will never have a place with a maple tree again.

We had four sugar maples in our yard up north. Other than the shade killing the grass and one of them too close to the house and the roots starting to push against the foundation wall, we never had a problem with them. We did take down all but one, the oldest, which was 250 years old. It was healthy and gorgeous in the fall, and kept the worst of the heat out of the house in the summer, and was a good buffer against winter winds.

There were another dozen or two sugar maples in the property behind our house. We probably could've built a sugar shack and made a few bucks but we just really loved the trees.

We didn't have any oaks, but we have a sumac tree and a bunch of who the heck knows what. Wooded lots tend to become mystery adventures. Everything was healthy.

[Normal]

As someone who has had to remove many a maple tree from past homes due to disease, etc., I beg to differ. Like Quint who will never put on a life jacket again, I will never have a place with a maple tree again.

The roots grow on the surface too much. There are a hundred trees I would have before another maple.

[jimjamuser]

As someone who has had to remove many a maple tree from past homes due to disease, etc., I beg to differ. Like Quint who will never put on a life jacket again, I will never have a place with a maple tree again.
I just ask the question of Google, "which have more problems in Florida - oak or maple trees?" The answer was that oak trees are more susceptible to diseases (like oak wilt) than maple trees. Also silver maple may be affected by high winds.

[Normal]

I just ask the question of Google, "which have more problems in Florida - oak or maple trees?" The answer was that oak trees are more susceptible to diseases (like oak wilt) than maple trees. Also silver maple may be affected by high winds.

I’ve lived up North for 60 plus years and the one thing I hated were the leaves in the fall. Why anyone would plant a deciduous tree in their yard when moving to Florida is beyond me. A Sylvester is less maintenance IMHO, if the leaf dies there is only one large branch to pick up.

[Snakster66]

We had four sugar maples in our yard up north. Other than the shade killing the grass and one of them too close to the house and the roots starting to push against the foundation wall, we never had a problem with them. We did take down all but one, the oldest, which was 250 years old. It was healthy and gorgeous in the fall, and kept the worst of the heat out of the house in the summer, and was a good buffer against winter winds.

There were another dozen or two sugar maples in the property behind our house. We probably could've built a sugar shack and made a few bucks but we just really loved the trees.

We didn't have any oaks, but we have a sumac tree and a bunch of who the heck knows what. Wooded lots tend to become mystery adventures. Everything was healthy.

I'll grant you sugar maples aren't too bad. Norway maples...woof.

[jimjamuser]

A Sylvester is a palm tree. Personally, I HATE palm trees. Let me count the ways. In a hurricane or tornado the palm fronds turn into MISSILES that can break windows, dent cars, and hurt people.Also they have dangerous bacteria on them so you better wear gloves when you move them and cut them up for the garbage. They require special fertilizer. Palm trees become boring for people living in Florida for a long time. Palm trees provide practically zero shade and wind blocking. Maple trees provide dark shade and an air conditioning effect due to acting like an evaporation pump. They also block blowing dust. In the winter when you don't need their A/C effect, you can pick up the leaves or use a mulching lawnmower to fertilize the grass. I never had, or wanted, a palm tree on my property. Plus rats like them.

[CoachKandSportsguy]

Been hearing this for the last four years, Bah Bah Bah

I think the economics of the last 4 years have just been disrupted.
Not sure how, so as not to get rapidly un-intendedly vacationed :cus:

[Normal]

A Sylvester is a palm tree. Personally, I HATE palm trees. Let me count the ways. In a hurricane or tornado the palm fronds turn into MISSILES that can break windows, dent cars, and hurt people.Also they have dangerous bacteria on them so you better wear gloves when you move them and cut them up for the garbage. They require special fertilizer. Palm trees become boring for people living in Florida for a long time. Palm trees provide practically zero shade and wind blocking. Maple trees provide dark shade and an air conditioning effect due to acting like an evaporation pump. They also block blowing dust. In the winter when you don't need their A/C effect, you can pick up the leaves or use a mulching lawnmower to fertilize the grass. I never had, or wanted, a palm tree on my property. Plus rats like them.


Sugar maples grow super slow…the silvers and soft maples grow fast but are very susceptible to wind damage and surface root structure problems. Maples should be banned from the area.

[Guinness835]

Well we close on a house on April 25th. We ended up putting an offer on a house on Havana Golf Course in the Village of Bonita and it was built in 2009. We decided we like that area better than areas further north. Thank you for everyone’s input!

[Marathon Man]

Enjoy :)

I guess some are fine with throwing away cash. Avoid Newell and Dabney though, the Lake County and Leesburg tax man is hungry and upping the ante again.

We are on our second home south of 44. We love it down here and would not consider moving back north where we originally were. What you call throwing cash away we call money well spent. We are now in the most fun, most active neighborhood we have been in. Yep, money well spent.

[Topspinmo]

IMO these big southern oaks are liability especially if have out reaching limbs over house, drive way or street. As far as water view just make sure it’s not retention pond that goes dry when don’t rain, otherwise paying extra for weed patch. I think the hurricane upgrades came in late 2002. You should be able to find that out on houses serious about looking at? Most houses close to 20 years old will most likely have no bond. IMO no sense in giving money away. As far as roof scams 90% of old roof did NOT need replacement, but, being one person got free roof for pea size hail the wildfire scam when our old control.

[Topspinmo]

Sugar maples grow super slow…the silvers and soft maples grow fast but are very susceptible to wind damage and surface root structure problems. Maples should be banned from the area.


Agree old Hugh silver maples are at risk of falling limbs on none windy clear day let along stormy day.

[OrangeBlossomBaby]

Well we close on a house on April 25th. We ended up putting an offer on a house on Havana Golf Course in the Village of Bonita and it was built in 2009. We decided we like that area better than areas further north. Thank you for everyone’s input!

That's a lovely area now that it's grown in and "settled". It's close enough to Sumter that you can enjoy events there, and just a few minutes from Colony Plaza and 466A. Congrats on your purchase and Welcome to the Villages!

[Altavia]

Well we close on a house on April 25th. We ended up putting an offer on a house on Havana Golf Course in the Village of Bonita and it was built in 2009. We decided we like that area better than areas further north. Thank you for everyone’s input!

Congratulations, you will love it there!

Welcome to the Villages!

[FloridaGuy66]

Absolutely, spot on. The wallet gets the punch in the gut if you move into Fruitland Park, Leesburg or Wildwood. Also, watch out for the northern Villages in Marion County/Lady Lake.

We calculated that our extra expense for being in Wildwood is under $400/year. That's around 2.5% of our total annual costs on our home.

Nothing worth losing sleep over, or choosing not to live in the nice areas that happen to be in Wildwood for that matter.

[tophcfa]

My wife and I are seriously looking to buy a house in The Villages in the very near future. We have visited several times and have a couple of friends that have moved there, so we are fairly familiar with it.

We have come to the conclusion that we would like to be in the in an established area versus the new builds down in the southern part. We would prefer “between the sixes,” but have also looked at houses between Lake Sumter and Spanish Springs around Tierra Del Sol.

We have seen a couple of houses online recently that were completely renovated, but built in the late 90’s. I have read and heard about insurance difficulties regarding roof age and all of that, so we’re fairly informed about that. I also believe homes built after 2004(ish) had different building requirements such as hurricane clips. I know that it is preferable if a home built before that has these hurricane clips added later.

I am just curious if anyone has any other pros/cons or concerns for buying a home built in 1998-1999 or so versus something built in the 2000’s. I know that probably is a loaded question, but we have learned a lot from this site and just want to do our due diligence and look at all angles. Thank you in advance!

Our house is in the Tierra Del Sol area and was built in 1996. It has all the necessary roof truss clips and other construction requirements to pass the wind mitigation requirements insurance companies look for. As long as your roof (shingles and underlayment), HVAC system, and hot water heater aren’t old you shouldn’t have a problem getting insurance. That being said, very few, if any, well known national insurance companies will write you a policy. We had to go with Tower Hill after getting dumped by Farmers (Farmers is pulling entirely out of Florida).