Pricing To Build A New Home

[English Ivy]

Have a question hope someone can answer.

On The Villages website Model Home Gallery for Designers page, it states "Build this home starting from $XXX,XXX". Is this price for what I would refer to as a stripped down model with vinyl flooring, least expensive plumbing and lighting fixtures, lowest grade carpet, etc? Or does it maybe include some, but not all of the nice features you find in the models?

I'm just trying to compare apples to apples with our home in Village of Bonita which is currently on the market.

Thanks for your comments.

[bdabob]

That price is the basic (laminate, no stretches etc.).

[English Ivy]

That price is the basic (laminate, no stretches etc.).

Thanks for your response. I understand it would certainly not include any stretches and most likely would be laminate and not granite, but I'm curious about flooring and fixtures. In the wet areas only, vinyl flooring vs 12" ceramic vs 18" ceramic can add a lot of bucks on to that base price. I'm wondering if the base price is for vinyl.

[JSX2=US]

The lot premium $$$ would be additional also. Is this correct?

[hotrodgirl]

If you know what model you are interested I. I would go by the sales office and ask for a spec sheet. On the back it will list what comes with it.

[jimbo2012]

You will get a very nice home on the base price, it is not sub-standard by any means.

You will get carpets and very acceptable floors, it is by no means a stripped out home.

Many of the options they offer are higher in price than if you replaced later.

We are taking the carpets, because I would not pay the silly $$ they ask for tile or wood.

I will offer them for sale before moving in (I've seen that done here) if that don't workout use them for a few years and toss them.

Other options IMO were very fairly priced ex; 2' garage stretch $1200, that sounded very fair.

What ever U choose it will appreciate in value when the buildout ends

[English Ivy]

You will get a very nice home on the base price, it is not sub-standard by any means.

You will get carpets and very acceptable floors, it is by no means a stripped out home.

Many of the options they offer are higher in price than if you replaced later.

We are taking the carpets, because I would not pay the silly $$ they ask for tile or wood.

I will offer them for sale before moving in (I've seen that done here) if that don't workout use them for a few years and toss them.

Other options IMO were very fairly priced ex; 2' garage stretch $1200, that sounded very fair.

What ever U choose it will appreciate in value when the buildout ends

Thanks for your response. However, if you'll review my original post you'll note I mentioned I was trying to compare apples to apples as I already am a resident of TV who has a house for sale. I'm just trying to figure out if it's possible to build a new home that has our builder's upgrades and a comparable lot premium for a similar price to what we're asking. This is not taking into account the after purchase upgrades we did. Guess it's pretty difficult to try to compare.

[John_W]

TV home sales division usually have about 120 spec designer homes without a buyer under construction at any one time and they are usually upgraded and then have about a $10,000 discount given.

A friend of ours got a spec home last fall on Odessa Circle in Tamarind Grove on a premium lot, he had a villa wall behind his house. It had stainless steel appliances, granite countertops, 12" ceramic tile in kitchen, DR and FR and several other upgrades and he got it for $250,000. It had been discounted about $15,000 and he didn't have to wait, it was already finished and was on the market.

[gomoho]

TV home sales division usually have about 120 spec designer homes without a buyer under construction at any one time and they are usually upgraded and then have about a $10,000 discount given.

A friend of ours got a spec home last fall on Odessa Circle in Tamarind Grove on a premium lot, he had a villa wall behind his house. It had stainless steel appliances, granite countertops, 12" ceramic tile in kitchen, DR and FR and several other upgrades and he got it for $250,000. It had been discounted about $15,000 and he didn't have to wait, it was already finished and was on the market.

I think you are absolutely right. You get the most bang for your buck on a spec home or a resale. They make their money on new construction.

[asianthree]

are you trying to compare so you can price your home or are you looking to buy a home with the same things you have in your home now

[buggyone]

Thanks for your response. However, if you'll review my original post you'll note I mentioned I was trying to compare apples to apples as I already am a resident of TV who has a house for sale. I'm just trying to figure out if it's possible to build a new home that has our builder's upgrades and a comparable lot premium for a similar price to what we're asking. This is not taking into account the after purchase upgrades we did. Guess it's pretty difficult to try to compare.

Since you are currently Villages residents, look around at the re-sales especially north of 466 or in beautiful communities like Mallory Hill, Caroline, or Virginia Trace. You can find a wonderful resale with a fraction of the bond on an new home.

[WVMtnBoy]

You are right in that the lot premium is in addition to the price of the house. Having said that, I guess it boils down to what's most important to you. With my wife it was the space and we paid the lot premium. Good Luck with the sale/move!

[ugotme]

Okay, I admit I am ignorant about this - What is a 2' garage stretch?

[jimbo2012]

It means the wall is bumped - pushed or extended out, so if the garage was 20x20 it will be 22x20

So it's about 40' ft for $30 a sq, that's cheap

[aljetmet]

You will get a very nice home on the base price, it is not sub-standard by any means.

You will get carpets and very acceptable floors, it is by no means a stripped out home.

Many of the options they offer are higher in price than if you replaced later.

We are taking the carpets, because I would not pay the silly $$ they ask for tile or wood.

I will offer them for sale before moving in (I've seen that done here) if that don't workout use them for a few years and toss them.

Other options IMO were very fairly priced ex; 2' garage stretch $1200, that sounded very fair.

What ever U choose it will appreciate in value when the buildout ends

Ask your designer who they buy the carpeting from. Contact them and see if you can barter a better deal with an upgrade ( of anything they can offer). I think it would be easier for appliances but you never know.