Talk of The Villages Florida - Rentals, Entertainment & More
Talk of The Villages Florida - Rentals, Entertainment & More
#91
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I live in Spanish Springs on a golf course. If they built an apartment complex behind me on the golf course I would be furious!! There is no room for more living quarters in Spanish Springs. The traffic can't handle what we have already during season. It's an impossibility to turn left on Morse in any direction.
I'm adamantly against the building the apartment complex there. As far as the subject of greed and the Developers, they're knocking themselves out building South Non-Stop and if they want to add apartment complexes they can do it all down there. They've forgotten all about Spanish Springs and it has turned into a Shabby mess compared to what it used to be. If they want to come mess around North they should focus on fixing things back the way they should be and taking better care of the grounds and the roads. The service road the post office is on is deplorable and so is the landscape there, and other places. The developers have more than enough opportunity to make money. One thing they're not hurting in is money. It can't always be about the money in order to keep the design and attention, you've got to give some stuff. They've been making Oodles of money off of us with the amenities fees for almost a year now during covid-19 with everything shut down, pocketing the majority of it, because they surely have not done well at taking care of the north side of the villages! Also, the engineers that do the footprints for the roads, parking lots, landscape, etc. Are deplorable!!! I have no clue what they are thinking with the awkward, hard to navigate angles, tight corners, lost space, dangerous views do to landscape, lost parking spot opportunities and such. Madening and dangerous. Just doesn't make sense in so many scenarios. I used to really love this place, now it's becoming a very different story and I see it in a whole different light. Not a happy camper!!! Last edited by candyco33; 09-11-2020 at 09:37 AM. |
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#92
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Let's just take a handful of houses in the area............look a the original sale price (with site premiums included) and today's estimated value. Zillow estimated values are not 100%, but are good enough for gov't work.
#1 $200k, now $518k #2 $269k, now $614k #3 $217k, now $542k #4 $500k, now $734k #5 $255k, now $511k #6 $204k, now $531k They haven't sold yet, but I don't think anyone will lose their $5k or $15k paid premium.
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Identifying as Mr. Helpful |
#93
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The relevant comparison will be what were the effected homes in the HH area worth before anyone had any idea what was to become of the area and what will they be worth after this fiasco fully plays out. Time will tell? |
#94
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Absolutely, agree. The valuation point was: They have not lost anything. If they are concerned, they can get out with a nice profit...........if that is their focus. If the value is not their focus, let the fiasco play out.
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Identifying as Mr. Helpful |
#95
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These apartments were built on vacant land adjoining a commercial area Brownwood. Not the same as building in an area surrounded by private residences
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#96
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#97
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In the Village of Duval there is a three story building that houses older people smack dab up against private residences. These are apartments for VILLAGERS. Not college kids.
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It is better to laugh than to cry. |
#98
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The data shows the owners will not incur a loss.......MAYBE less gain, but not a loss and they have an opportunity to get out if they want to. The value of the homes across the street from the apartments have not slowed.
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Identifying as Mr. Helpful |
#99
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https://www.bing.com/maps?q=2725+day...ANSPA1&PC=DCTS
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It is better to laugh than to cry. |
#100
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I agree we’re here over 20 years they only added courses
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#101
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Less gain is just another way of saying a loss. It is a loss of what they would have prior to the incursion of multi-story high density complex. Just a wild guess but....I'm guessing you were never in real estate.
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Pam&Nick The government cannot give anything to anyone without first taking it from someone else |
#102
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There is no gain or loss until sale. Relying on assumed gains or losses is silly.
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Identifying as Mr. Helpful |
#103
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I couldn't remember so I had to go look (online). There is a Lowe's and several other business concerns right next door to Sumter Place - to the west.
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Pam&Nick The government cannot give anything to anyone without first taking it from someone else Last edited by npwalters; 09-11-2020 at 01:32 PM. Reason: additional info |
#104
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A Different Perspective
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#105
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Please remember that a bunch of folks from the "North" side sued the developer several years ago over what to me looked like foolishness and several folks got a big chunk of change for THEMSELVES out of it and an area up NORTH of 466 got the opportunity to rule themselves in many ways. I don't like the sudden onslaught of foolishness. Again we will wait Grasshopper and it will all be just fine. I remember when the homeowners that lived near the buildings on 466A were so concerned that old men would spy on them from their third floor windows. Haven't heard a peep about any folks who live there bothering anyone and it certainly has NOT hurt the property values of the people who live adjacent to the apartments for older people. I wonder who the ring leader is to all this?
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It is better to laugh than to cry. |
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