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Breakdown of Monthly Amenity Fees
Hi I have owned a villa for over 5 year now. So for the most part I have a general idea what the monthly amenity fee pays for. My wife and I will be looking at new home to buy possibility in the future in Fl. There's no guarantee it will be in the villages. Its not cheap to live in the villages even though they provide a lot . My wife doesn't play golf and I do very occasionally. She feels the monthly amenity goes a lot toward golfing . So I was curious if the CDD a general percent breakdown of the monthly amenity fee of how much goes to support golf, how much to the pools , rec. centers, community watch, etc.
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I don't know that there is an accurate breakdown anywhere. I suppose if you dig into the details of the district gov budget, and allocate parts of the income toward specific expenditures, you could come up with some ratio that would probably be inaccurate by some margin. But I do know that the only golf for which the amenity fees used are the executive courses. The championship courses (aka country clubs) are owned and operated by the developer and receive no support from amenity fees. Another major use of the fees is for the staffing, support, and maintenance of the recreation centers and Recreation Dept, which enable the existence of the thousands of clubs and organizations in The Villages. So even if you don't golf on the Execs, if you take advantage of any clubs, I believe you are getting your money's worth, in my opinion. I'm sure there are other things the amenity fees are used for (Community watch?) and perhaps others can clarify that point.
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If $159 a month is "not cheap" then you definitely can't afford to live in the Villages. Our utility bills are low, our taxes are low (compared with other states), if you choose to work there's no state income tax at all. What's not cheap? Dining out every night, and the costs of alcoholic drinks at the bars. Shopping only at Publix and Fresh Market, and never at Winn Dixie or Aldi or Sam's or Walmart. Oh and the price of milk everywhere -except- Aldi's and Walmart. I mean - what in the Sam Hill is up with that anyway? Are cows a rare commodity down here or something? Almost $3 for a half gallon of just normal ordinary store-brand 1% - but I can get it for $1.49 at Walmart, that's their regular price. Anyway - it's not "cheap" but it is affordable to pretty much anyone who has a pension, or a 401k, or Social Security. You can buy a beautiful 1100-square-foot manufactured home in the Historic section for around $115k, and for another $30k you can update and make repairs, and enjoy retirement. And yes that would be a pre-owned home. But if you check every day and call a few realtors, you can probably find a clunker forclosure for under $70k, raze it to the ground, and build a small, but new home for another $120k. |
I suspect anyone would be very hard pressed to find a retirement community anyplace in the world where one gets more for the very reasonable amenity fees charged in the Villages.
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For all the things that are available, The Villages is as cheap as chips (Aldis not Publix!)
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Amenity Fee's are very reasonable if you are using the amenities available to you.
Pools, Golf Courses, Clubs, Beautiful Landscape, etc. etc. etc.
I Pay 162.00 per month, look around. Most Condo Communities collect $300 to $500 per month. You get a pool and some grass cut. TV is a bargain if you are using some club activities. Up north, my wife pays $80 to $90 a month for YOGA. In TV if you are a owner you pay Zero dollars for a 1 day a week Intermediate YOGA Class. In addition there are other YOGA classes available during the week for ZERO DOLLARS. A bargain. Look at the walking trails and the outdoor exercise equipment at the REC centers. A bargain. |
The breakdown of TV amenity fees is not your answer…….you have to compare TV amenity fees (& amenities) to those other places ( include HOA & utilities). There is no place where you can pay fees for only what you’ll use.
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I see everyone talking about a monthly amenity feeand that there’s no hoa fee. Where does the “bond” figure in
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Here's information on the Amenity Fee
The Amenity Fee (part 1) and The Villages 7-26-2020 Construction Update - YouTube The Amenity Fee (part 2) and The Villages 8/17/20 Construction Update - YouTube Your wife's perception about golf's budget cost is very common, but wrong. Golf accounts for about 3% of the total expenditures of the combined amenity districts budgets. |
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Bond Information and The Villages 5-30-19 Construction update - YouTube |
While we're at it, here's the video about the Maintenance Assessment since that will probably be asked about next
Maintenance Assessment and The Villages 6-19-19 Construction Update - YouTube |
As always, Don (GoldWingNut) does an excellent job of explaining things in his videos. And yes...for all you receive in return, the amenity fee is a bargain.
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I think you will find the amenity fee is less than HOA fees in many other communities
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I am always amazed at how much you know and how clearly you explain things. Thank you
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Here is the other side of the coin, it's a both positive and a negative. If you bought your home 5 or 10 years ago, you definitely got a bargain. However if you're newly what in the last one or two years then your housing price is at least one or $200,000 more did any of the other communities within 20 miles of The villages. I live in a community that's very nice with over 1,000 homes mostly stick build but yes some are modulars and we paid much less than the villages and there's still 27 holes of golf for those who want it two pools hundreds of activities and mostly of all nice neighbors. So you can consider it's a positive and a negative housing prices are way up in The villages and it's pricing some people out if they still pay mortgages or don't have the assets to out right buy a home
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P.s.
And also if I don't have a 100 mi of golf carts paths, I don't need to buy a golf cart and have an extra large garage to put it in also so yes that's a positive and a negative so I can tell you for a fact and more people moving to my community from The villages then move out of the community to The villages
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It’s not mandatory to buy a golf cart and it’s not mandatory to get a house with a golf cart garage.
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Great explanation
We are newcomers and have asked many people, including our real estate agent to explain the bond. You have finally made it clear to us why the bond was different in most of the houses that we looked at.
We currently live in a four year old house with a substantial bond and must consider whether to pay it off or not. Our agent advised us not to, but we feel that this is our forever home. |
There are cheeper overall communities. I think it's rather ignorant to say the average pensioner can live here. Remove the bond and the fact your in TV the same house could be 40-60 grand less. Most of us are here for the value we think we get. You can live cheeper but can you live as well. Good luck
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You need to check at other places to see what it would cost you. You’ll see this is the best and least expensive. Also there are 2018 free clubs you can join
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You get a nice clean hopefully crime free safe and quiet community to live in. This is paradise in my opinion. Well worth the fees established.
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The home owners (1200+) at Pennbrooke Fairways, off 44 in Leesburg, voted to secure a 5 year contract with Spectrum for high definition cable and 400 mbs wifi for $52 (taxes and fees included) a month. This is added to everyone's HOA monthly fee.
I'm tired of Comcast Xfinity here in TV and looking for viable alternatives. Oh how I wish. |
Cut the. Cable
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Oranges to oranges
Just a comment on comparing HOA fees to what you pay in The Villages. The HOA equivalent is the amenity fee PLUS the district assessment fee you pay on your property tax bill. Averaging the various district amounts plus the amenity fee runs to a little more than $350 a month.
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Ohiobuckeye
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Not exactly. You don't pay off the bond monthly. It is charged annually on your property tax bill send out around November each year, at least it is in my CDD.
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$164 amenity fee vs $350 average HOA fee in Florida |
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In the world of HOA TYPE fees, if nothing else here is a bargain, the $160 is an absolute bargain. Edit: Of course he didn't have to pay $50+ a month to have his lawn mowed but he was required to pay $200/year to buy a "prepaid card" to use it in the one and only restaurant on their property which was opened 4 days a week for breakfast and 5 days for dinner! |
We own a small 855sf condo in mpls. Fee is 352 we have a pool and hot tub. Grass cut, snow shoveled, water, and cable. I love the villages.
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