Just saw the new Dabney, Lake Denham and Moultrie Creek..
 

With the drop in prices for the new areas I was willing to give them all a look while visiting 2-12 thru 2-18. These areas are really far removed from the primary areas and amenities. Lake Denham doesn't even have a pool outside of Franklin Rec center. Dabney does have a neighborhood rec center thankfully because wow it is isolated. I know Eastport is coming however Denham and Dabney still a good distance away. Moultrie Creek is in the shadow of the high school and when developed its relationship to Eastport will make it a new center for development to the south for years to come. Moultrie Creek home prices are up 30 to 40k above Denham and Dabney with bonds 40 to 60k higher with the top end up near 80k. A lot to think about.

And you have the final section of Richmond building out later in the year - will be interesting to see the bond prices on those new homes.

There are always lots of excellent pre owned homes available that are very close to everything including amenities, shopping, dining, multiple town squares, and lots of golf and many of them have the bond paid off and are surrounded by beautiful mature landscaping. If you’re not hell bent on buying new, your opportunities are significantly enhanced. Also something that you should add to the list of important things to think about. Best of luck with your search.

If I were a new buyer today, I would only be looking at the Eastport area. Being close to nothing should be a dealbreaker for most people.

I wouldn't really worry about the bond that much to be honest. The difference between carrying a 40k and 80k bond is going to be a small difference compared to all of the other costs.

I'm in Lake Denham and will be less than 15 minutes by golf cart to Eastport-10 minutes by car. With the Villages acquisition of the land in Lake County south of 470, and the agreement in place with the county to widen the overpass on 470-it's almost assured for there to be an even easier access to Eastport via golf cart eventually. (as in another Multi Modal over the turnpike on 470).
Don't sell short an area that might now 'look' isolated, but indeed will be much sought after in the future, as it too becomes the 'middle' of TV.

Didn’t we just finish this conversation??????

Zombie thread...

The Zombies are in the north. The Alive and Kicking it are in Lake Denham

Lets play a game of logic. People retiring now are in their sixties, some younger. When preowned homes are sold who do you think bought them? Eighty years olds who wish to own 5 or more homes in the Villages?

Your logic is way off. Every day, there are YOUNG retirees who choose to buy in the Northern section. Your CHOICE to live in the South is no better than theirs. People appreciate and want different things. But, the fact remains. People newly retiring to the Villages are from the SAME AGE GROUP. You are no more AIve and Kicking than they.

This is a cautionary market. Home prices for both new and preowned are all over the place. I advised my daughter to watch what summer brings. Lake Denham and Dabney sales remain slow.The Developer will have to do something to get those homes sold. If prices fall further, she can take advantage.

The bond prices are an issue she is giving close attention. Right now, a preowned is looking much sweeter than a new with a $50-80 thousand bond. She would rather spend that money remodeling an older home to suit her taste than carrying a 30 yr bond fee that gives her no benefit. A home between the 66's is her desired location.

Buyers Market
 

It’s a buyer’s market. If you buy, look only for the very best deals. I would hold off a little longer. Inventory is already at historic highs (6 months). Wait at least till summer.

Absolutely right!

I wish you well and the homes are beautiful. I rate everything in TV about distance by golf car.

It will be MANY YEARS before what you describe happens. The developer has moved to building in the Eastport area. He will have no interest in returning to Lake County until that LARGE area is complete. He also has homes in Richmond planned and a few CYVs near Spanish Springs. Lake Denham and Dabney will remain isolated for quite some time.

Yes, you will be close to Eastport. But, a town square does not happen overnight. It will be MANY YEARS before the store fronts are 100% leased. The amenities will be open and available but restaurants and stores will be slim pickings. If you are someone who wants convenience, it is probably best to look at homes built 5-10 years ago near Brownwood.

Preowned home prices are still way above market. I like your daughter would prefer a preowned when weighing them you will have to pay 100k more than new for same homes. Sorting through roof ages and flooring costs it is much to consider also.