Opinion on new construction in Old Neighborhood (El Cortez)
 

I was told that the Villages is purchasing older properties built in the 1990s and planning to build current models on those sites. The Village of El Cortez was mentioned.

Generally, these neighborhoods are the older parts of the Villages, so this means that the new homes would be larger and newer than the homes around them. (Until more older units are purchased and replaced)

I'm looking for opinions on whether to consider this as an option building on the lots south of 466A and if this has been going on for awhile. Generally, I don't think it is wise to be the biggest or newest house in a neighborhood of smaller/older homes, but some of these neighborhoods have a mix of different sizes and models. I'm considering a 2000 square foot home with golf car garage.

Any opinions are welcomed, thanks!

Tbone, to get an idea of how familiar you are with these two areas, have you visited The Villages yet?

Our first home a PV backed up to a designer. The premiers were right around the corner

New Construction in Old Neighborhood (El Cortez)
 

Photo192, yes, I have visited the Villages several times and am getting more familiar with each visit. I like the convenience of the Spanish Springs area to shopping and really don't want to go below 466A.

The above is surely an understandable preference, however you should be sure to look at all the centrally located shopping in, around and near Lake Sumter Landing. In my opinion much more than Spanish Springs.

And then again in and around Brownwood.

I look at Lake Sumter as sort of the hub of a wheel called TV. And much of what most of us would want is noth that far away (actually from anywhere).

The beauty of TV is no matter where you decide....it will be just right. You will know when you find the right home.

Then it's a great option for you. The older neighborhoods are being "revitalized" by not only the developer building newer homes, but also "new" residents and pretty sizable remodeling jobs. One thing is certain in TV; turnover. Spanish Springs is also undergoing a bit of revitalization.

I've rented in el Cortez. There are very few [two or three] at the most sub standard villa due to rentals or probate. Lots are very small majority are small two bed room with the exception of the ones that back up against the golf course. Overall very well kept villas. Quite few rental in there which don't make the permanent residents happy. All villa's in el Cortez are around 180k and up. Hard to buy, destory, and rebuild for profit IMO.

Totally agree with Lake Sumter being the center of TV AT THIS TIME, but if and when build out comes then the center of the villages will probably shift more to the south. However, from my perspective I want to be within an easy ride of 466 to get to the stores I personally use on 441 - again just my opinion! So for me, Sumter Landing to Spanish Springs area is most convenient.

I don't concern myself with the type or size of house I have because when it is sold someone will make it theirs. Just as when we started out and bought our first home in Massachusetts, we tore it apart and made it our home. Life goes on!

Everyone has opinions about the best location. The only one that should count is your own after you weigh everyone's suggestions. We live south of 466A and love the location. We are surrounded by amenities. The stores along 466 are easily and quickly accessed via 301. Spanish Springs can be a pain but Lake Sumter is easy to get to and Brownwood is nearby. We also frequently go outside of the bubble and enjoy being closer to Leesburg, Inverness and the Golden Triangle (Tavares, Eustis and Mt Dora). The turnpike is just a short distance from us and we can be in O-town in 45 minutes. Brownwood will expand as the "build out" gets closer and there is plenty of commercial space available along 44.

El Cortez? Has the developer leaped across 441/27 to redevelop beyond Silver Lake, Orange Blossom and Country Club Hills?

Not that I have heard of. What I think I know is fact is that The family has purchased many modular homes, (commonly called trailers) and has built homes on the sites. Not really a lot bigger but newer for sure.


It is kind of an in house urban renewal. No. That would conjure up that the area was down at it's heels and it isn't. Maybe just some homes are older. I think it is a very good idea. The homes purchased by the developer family were put up for sale, not taken or snatched from the owners.


As to the OP, he is doing what many of us have done, trying to gather facts and make a decision. This whole damned place seems way to good to be true.


But it isn't.

I agree. I preferred a new home in a new area. Top to bottom in TV is not far. My other concern (just my opinion/concern), there are more run-down homes in the historical area, than in the new area. (don't hammer me, just my observation and future concern). Hate to have a new home next to something +20 years old. Just me.

A bedrock law of real estate: You can fix a house but you can't fix a neighborhood.

Mobile homes nearby, especially in a small pocket neighborhood, will drag prices down for the entire neighborhood. You won't live long enough to see all the mobile homes removed and replaced with houses.

as far as I know the only homes that have been bought and new built are east of 441, they were single or double wides.

Check out the areas near 466, a lot of shopping, walmart, home goods, tj max, bealls, publix, red lobster, olive garden.

there is a house for sale on the golf course, with cart garage, in santa domingo
352-446-6396