Another price increase!!!!
 

Designer home prices raised!
Today they raised the price on all designer homes after a healthy increase on May 1st also. For instance the Lilly is up about $8000 since May 1st.

Yes, Begonia went up $800.00 this morning. Last fall it was $214,600 now it's $223,300 = $8,700 in 7 months. I have my design meeting end of August, so hopefully this is the last price increase before I lock in. Only place in the country that home prices are on the increase. So, if you have a lot, build as soon as possible.

Our design meeting is Sept 10th so hopefully this is the last increase. Probably all the add ons went up also.

Price Increases
 

I called and asked our sales person about the price increases and he said it is an increase in their prices and they are just passing them on. I had a price in mind for my final number so there goes a few upgrades. Oh well....supply and demand. Price you pay for a slice of heaven I guess.

Holy :censored:!!!
That is a big increase for such a short time! :faint:
We may have to rethink our TV dream.

Basically the same thing our sales person said this morning. He said the demand should really start to grow as they get closer to full build out. I think we are getting in at the right time as I think prices should really start to appreciate after build out is complete. The closer they get to completion the higher the prices will be I guess. We are building in the village of Charlotte.

Was anything added to the base homes or just a straight price increase?

Some of the sales persons were saying that as the buildout comes closer, you may not have an option to personalize your homes anymore. The Villages will start building spec homes to speed up the completion process on the unsold lots.

What!!!!

Is it not locked in at the time of the lot being purchased?

Is there still a discount in place?

No not locked in until the day of your design meeting. That is our understanding.

November 1st discount goes to 3.5% and Jan 1st it goes to 3%.

can I ask your source?

Or PM me

Our sales rep.

Price Increases
 

You are not locked in until you make all your upgrade selections, have a final price and have paid down 20% of the final cost. The money down on the lot only holds that lot...doesn't lock in any prices for the home. The new price does not include any upgrades in the base house...it is just an increase in their cost so they pass it on. At least this is my understanding after talking with our sales rep today. Our one year mark wasn't until late November, but we got our design meeting scheduled for the end of August since it looked like the prices were increasing every couple of months. Didn't pay to wait.

resale homes
 

Don't worry - buy a previously owned home.
Frequently many upgrades are already there and you don't have to pay full cost for them.

source
 

We have a Nov. design and discount went down to 3.5%. We have a certificate that states if we design on the days we are supposed to be there we get the discount otherwise you're out of luck.

I had a feeling they were going to reduce the discount and that's why we decided to jump in. Don't know about Jan but not surprised....

Last I heard the increases were only on the base house but I'll find out soon enough.

Our discount applies to home purchase price and all enhancements except pool and spa. Also price of lot is included in the discount.

Still a substantially than they were in 2006

not a chance

We put a down on a lot in Fernandina on May 16. At that time the price increase was in and the Lily was at $223K. Prior to that the Lily was $219K. Now it is $224K. It's an increase but not $8k.
From May till now it's an increase of $800.
Please correct me if I'm wrong.

What doesn't make sense to me is that we "committed to build" at the end of June...the earliest design appt they had was mid-September because of THEIR backlog...and now I'm thinking I have to suffer a price increase because of it? Not happy.

I am with you, CalcTeacher! I bought mid-May, the first design team meeting they had was Sept 6th, and had they been timely I would have not incur the increase. I intend to call my agent tomorrow to see what I can find out. Nor was I notified in any way, shape or form......

Keep us updated. Would like to hear what your agent says. Good luck.

kjb921 is correct. We had an increase the week before our design meeting and it affected us. The good news is that our mortgage rate is great.

Times change quickly. This time last year they were offering 4% discount on the base price of designer homes. I wonder about the premier homes----did the price go up on those too?

We also got a 4% discount and our meeting was in mid June.

Welcome to the well oiled machine. Lubed for speed.

Hopefully anyone that may have future complaints about The Villages will not buy. This place is so nice we do not need negative talk.

I know even when we built in 2005 the prices of the homes were going up every 3 months because I kept a close eye on the model we wanted. We decided to leap in before it got to out of hand. Good luck. Hope you get the house of your dreams and soon!! That does seem to be a big increase in a short span of time.

Same here we are ready to build but can only get an appointment at the end of Sept. In the meantime we are wasting our money renting a villa and storages space.

well, the prices are going to continue one direction - up.
it's a seller's market, tons of baby boomers.

complain to your agent, you may get a break, you may not, TV runs it like a business and does pretty much as they please.

couple years from now, you'll be here and listening to others about price increases.
I'm glad I got in when I did.

looking for our next house soon as we get there

:1rotfl::1rotfl: Nice thought Golfingnut but I am inclined to believe that since many turned 65 we have one ear and eye on what we can complain about and the other ear and eye for the Grim Reaper! :ho: Nice thought though. When it comes to Real Estate its all about the location and TV is the location!!

:(
 

Glad for all you owners but we can't buy yet and am afraid we will be priced right out of the market!

Just verified with our sales rep that the Iris we plan to build has increased $900. since May 1.

Our design meeting is Aug 27, so hopefully TV can hold off with more increases till after that date................

Maybe DelWebb StoneyCreeks looks better, will have to check it all out.

Don't worry Be Happy
 

That's true.

But more important is don't worry about getting in. I know of plenty of resales. I hate to say it but a retirement community always has residents dying or going into a assisted living facility. I've been here long enough to see many go that route.
I was told the same thing 7 years ago, buy now or you won't get in, and I believed it!

Ask your rep about the price right before May 1st as right around there they jumped about $7000 in one move.

Price Increases
 

Asked our sales rep about the price increase since we had our design meeting scheduled for end of August..Nothing they can do - the price is what it is. Just glad I didn't wait the full year after putting a deposit down on our lot...probably missed the next increase. I told my husband we should have retired last year! LOL

great news about the prices going up !! couldn't be better. remember you'd much rather own and live in a place where prices go up rather than where they go down !! that also means your investment is doing much better in TV than any place else and when the developer is finished it will be supply and demand. and there will be both.