Designer Lots Topping 200K
 

Noticed some golf course designer lots in the new section of Pinellas are 209K! One even backing to another lot with just a view is 179K. An Ivy with a pool spec is 611K in Gilchrist.

Premium lots are really starting to command PREMIUM prices!

:$::$::$:

Almost sounds like 2006 again. If the shoe fits - buy it.

that is what you call insanity !! Better to buy a resale if they cost that much

Prices have hit bottom with nowhere to go but up.

From all that I have been reading, the housing market is poised for a big rebound.

No way should ANY LOT cost that kind of money. That's taking advantage of people. You can find a beautiful designer or premier already built (some with pools etc) for much less!! Good luck in your search

Do you think your statement holds true for the Villages only, or do you think it will be nationwide.

From what I understand the premium lots, especially the ones on golf courses are extremely desirable to many buyers. They want that wide open view, with the sunsets that are indescribable. If I were in a financial position to purchase a lot with a waterfront and golf course view that's exactly where I would be.

It isn't really taking advantage of anyone. It is what the market will bear.

At this time on Thevillages.com there are six resale designer homes listed above a half a million dollars and three of them are pending.

So resale designers are escalating apparently and also selling.

Here is one I thought was very beautiful.
http://www.thevillages.com/homes/vls...?vlsnum=212690

I don't sell houses. I don't work for the developer. I don't work. I am retired.

I am waiting for my designer to close. It's not difficult to max the price by choosing a golf course lot with a water view with pool, hot tub, large cage, higher end options. After swallowing the lot price, I felt I could not overbuild as it is very beautiful. Dream house, here I come!

More so for TV as it's a Disneyland for 55 and over. Generally speaking, they will rise for the rest of the country but not as dramatically.

I very rarely agree with advertising but in this case it's true, "Absolutely Spectacular!"

WOW - Three are pending. I better not get to close to them as I might get burned. GOD bless those that can afford them.

I agree...not taking advantage of anyone.

It is the buyer's choice to buy or not to buy.

If enough buyers decide not to buy, then it's the seller's choice to either hold the price until someone buys or drop the price.

It's a pretty basic concept. And neither the buyer nor the seller are forced to make a decision.

btw: There is a designer lot on Bureau Path in Gilchrist Unit 211 that has a price of $250k. That's a quarter of a million dollars for the dirt only.

That wouldn't work for me, but it will eventually work for someone else.

So $585K on an executive golf course, no pool, no room to put a pool because the cart path is just outside the lanai. Sure does prove that prices are rising.

That house on Tarpon Boil golf course is absolutely beautiful - but at $585,000 it should be beautiful. I know exactly which house it is and it is impressive.

According to Zillow.com, that house first sold on June 28, 2011, for $445,290 which is a huge increase in less than 2 years.

I assume that when it sold in 2011, it was sold by the Developer to an owner who might have made some improvements and wants to move on to something else. I know that The Villages does not allow "flipping" so a homeowner has to wait at least 1 year before selling for a profit. If you ask me, $140,000 is a mighty good return on the money in less than 2 years.

I wonder what the actual selling price will turn out to be for this house?

Pocket markets are on the way up.
 

From what I have been reading there are pocket markets that have low inventory and high demand that are back in bidding war stage. Everything has gone up a little where I am but houses with view over 3750 sq ft and especially moorage are going nuts. A house down on the water from me was listed a year ago for $950,000 they put it back on the market for $975,000 it just sold for $1,150,000. But normal peoples houses like mine at 2300 sq ft even with view are just bearly getting back to normal not 2006 prices but maybe 2004. I only have 4 bedrooms and no theater or wine room or three car garage. The people who have what my dad use to call REAL money now that the stock market is back up are moving back into realestate. Maybe this is true for people who saw there retirement funds take a hit and finally come back they say hey now I have to buy a lot in the villages while I can.

Sorry I ramble on