Price of designer houses up again

[cgalloway6]

I didn't check all of the designer houses but the Gardenia just went up another $1100 on the base house. There was a 3% increase in May to $220,800, August it went up to $221,800, Sept it went up to $222,600, Oct it went up to $223,200 and now $224,300. At least I got locked into the Oct price with the 4% discount when I signed the contract after the design meeting 4 weeks ago. Higher prices and decreasing discounts going forward.

[Rbgold]

Lantana was increased as well! Hopefully this will be our last increase as we are due to design in 2 wks. :pray:

[happy employee]

supply and demand!!! the closer The Villages gets to build out the more i would expect the price point to increase.

[Yankee Quilter]

we found that between 12/30/11 and 10/18/12 the prices on the same house went up 9.5%, the lots about $2,000 0n like lot and the monthly dues $10. Decided to rent here and buy there before we were priced out! We have our appointment 12/10 with a 3.5% discount .... it will be beer and hotdogs for awhile! But lookong forward to it!

[jimbo2012]

Great, but why are they 1100 across the board the house are different, wish they would say what the increase was attributable to. :boxing2:

Yankee Quilter I'm three days after you.

[cgalloway6]

Great, but why are they 1100 across the board the house are different, wish they would say what the increase was attributable to. :boxing2:

Yankee Quilter I'm three days after you.

I didn't check them all so I don't know how much the others went up. The last time I asked it was due to commodity prices - concrete, wood, etc.

[Bill-n-Brillo]

Prices are going up perhaps in part because it's what the market will bear.

Bill :)

[billethkid]

there has to be a reason for the price of homes to go up?
The supply and demand answer was the bingo.....closely followed because they can!!!

No matter what you pay today or tomorrow or next week/month/year it will be the best price at the time as was pointed out when TV is built out and the full effect of the baby boomer demand hits TV, the resale market will be favorable regardless when you built/bought.

A trend that disregarding any unknown catastrphe, should continue.

btk

[janmcn]

If I understand the process correctly, you give TV a non-refundable deposit on a lot with the option of building within one year, but no guarantee what the price of that home will be until after the design meeting. So they could double the price of a home, and you're only option at that point would be to cancel and lose your deposit. Is that correct, or is there a maximum they can raise the price in that year written in your contract?

I know from my own experience years ago that there's no way to find out the cost of extras you want to add, although my salesperson gave me ballpark figures.

[missypie]

PLEASE Villages!!! Stop going up in price!!!! We are trying our hardest to sell our house. Every time we have a showing I clean like a crazy lady. I shine everything! So hold those increase horses!!!!!!!!:0000000000luvmyhors

[bonrich]

Heard to expect another 3% in January.

[aljetmet]

Lantana was increased as well! Hopefully this will be our last increase as we are due to design in 2 wks. :pray:

Remember we have to toast!

[Golfingnut]

Great, but why are they 1100 across the board the house are different, wish they would say what the increase was attributable to. :boxing2:

Yankee Quilter I'm three days after you.

LOL Price increases have nothing to do with cost factors in popular areas like The Villages. It has to do with supply and demand. There are places in and around Detroit that use cost/profit margin to base home prices, but not here.

[Golfingnut]

PLEASE Villages!!! Stop going up in price!!!! We are trying our hardest to sell our house. Every time we have a showing I clean like a crazy lady. I shine everything! So hold those increase horses!!!!!!!!:0000000000luvmyhors

We dropped the price of our house in Georgia 10K per month for 8 months and sold. This is not a good market to wait for the retail buyer.

[jimbo2012]

I read the contract, it says the agreed price will be determined in another document.

But if the price went up it would be a legal argument to get a full refund, but that would cost more than the increase perhaps.

Guess they are just making back the 3-4% discount this way.

[keithwand]

Premieres are up as well; 10K+ since January 2012 plus a 4% discount for building right away.
Great news for those of us who took advantage and built.
Get realistic on your sale price or rent it out. All houses will sell at what ever the market price is. You want 500K in a 350K market then you will have to wait for the market to catch up and then the new house you want will be even higher.
We rented ours in Winter Park, FL and moved on.
Life is too short.

[graciegirl]

Premieres are up as well; 10K+ since January 2012 plus a 4% discount for building right away.
Great news for those of us who took advantage and built.
Get realistic on your sale price or rent it out. All houses will sell at what ever the market price is. You want 500K in a 350K market then you will have to wait for the market to catch up and then the new house you want will be even higher.
We rented ours in Winter Park, FL and moved on.
Life is too short.

Good and realistic advice. You can't get blood out of a turnip.

I don't think that old saying is correct in this issue.:wave::mornincoffee:

[Yankee Quilter]

Great, but why are they 1100 across the board the house are different, wish they would say what the increase was attributable to. :boxing2:

Yankee Quilter I'm three days after you.

let us know when you are in ... drinks at Eden Prairie?

[jimbo2012]

let us know when you are in ... drinks at Eden Prairie?


Great we'll plan on that, I wish I could leave NY now.

Be there on the first of Dec.

[cgalloway6]

Prices up again, Gardinia went up $5k from last month. Up $19,900 in the last 12 months, plus the discount is less. Harder to compare lot prices.

[capecodkev]

That is why I am buying something next week when I visit. Prices will go up at leat 15% over the next year.