[Rainger99]

It seems that a lot of pre-owned houses are for sale - and the asking prices are significantly higher than the purchase price even for houses built in the last five years.

Assume a home with a view (golf course, water, preserve) and a home without a view (wall or kissing lanai) and that there have been modest improvements in all homes (no pools) but some upgrades and landscaping totaling no more than $25,000.

Ballpark, how much should a new home (veranda, designer and courtyard villa) increase in value after 1,2,3,4, and 5 years?

Has there been a significant change now as compared to houses built in 2015?

[retiredguy123]

My house was built in 2015, and it has increased in value by an average of 6 percent per year. I have done almost no upgrades. Most people would ask more than it is worth, primarily because people tend to overvalue the upgrades they have paid for. You should only expect to get about 50 to 60 percent of what you paid for upgrades, and definitely not 100 percent like some people think. And, you should get nothing for the real estate commission, which is totally the seller's expense.

[Kelevision]

Originally Posted by Rainger99

It seems that a lot of pre-owned houses are for sale - and the asking prices are significantly higher than the purchase price even for houses built in the last five years.

Assume a home with a view (golf course, water, preserve) and a home without a view (wall or kissing lanai) and that there have been modest improvements in all homes (no pools) but some upgrades and landscaping totaling no more than $25,000.

Ballpark, how much should a new home (veranda, designer and courtyard villa) increase in value after 1,2,3,4, and 5 years?

Has there been a significant change now as compared to houses built in 2015?

I live in a courtyard villa from 2021 near sawgrass. The entire neighborhood are courtyard villas with siding. I had one neighbor who paid 325K for her pond view, built a pool and sold it for 600k. 2 others with no view and a house directly behind the fence, originally sold for 245K both sold for 400k last year. They basically price their homes according to how many rooftops you can see from your back yard. So i was told…..

[golfing eagles]

Originally Posted by Rainger99

It seems that a lot of pre-owned houses are for sale - and the asking prices are significantly higher than the purchase price even for houses built in the last five years.

Assume a home with a view (golf course, water, preserve) and a home without a view (wall or kissing lanai) and that there have been modest improvements in all homes (no pools) but some upgrades and landscaping totaling no more than $25,000.

Ballpark, how much should a new home (veranda, designer and courtyard villa) increase in value after 1,2,3,4, and 5 years?

Has there been a significant change now as compared to houses built in 2015?

Almost impossible to estimate, since "past performance is no guarantee of future returns". But a designer on golf course built 2014 may be up about 150% based on sales in nearby neighborhoods.

[biker1]

My 11 year old designer on a retention pond has doubled.

Originally Posted by Rainger99

It seems that a lot of pre-owned houses are for sale - and the asking prices are significantly higher than the purchase price even for houses built in the last five years.

Assume a home with a view (golf course, water, preserve) and a home without a view (wall or kissing lanai) and that there have been modest improvements in all homes (no pools) but some upgrades and landscaping totaling no more than $25,000.

Ballpark, how much should a new home (veranda, designer and courtyard villa) increase in value after 1,2,3,4, and 5 years?

Has there been a significant change now as compared to houses built in 2015?

[jimhoward]

According to Redfin, the median sales price in the Villages in May 2020 was $274K and the median sales price in May 2025 was $354K. So that is a 29% increase in five years.

There must be a lot of Patio Villas in that data given the low prices, but that is what the data say when I googled it.

[asianthree]

Our first house in 4 years was 45% increase (zero upgrades) 2014
Second 9years 76% increase (zero upgrade) 2020
Third house 9 years 59% increase at the cusp of too many houses for sale (zero upgrade) 2022
There is a definite difference in thinking was your % will be if you sell compared to actually selling and knowing the %

[Stu from NYC]

We are here 5 years in designer homes.

First 3-4 years price went up about 50%. In past year down abut 10%.

Excuse me while I warm up my crystal ball to decide on future.

[jrref]

As most have said you will never recover from any upgrades. If you want to get the most from your investiment get the basic house, live in it and do no upgrades. Always put in the cheapest washer/dryer, fridge, dishwasher, etc.. and you will always get a better return on investment.

[Altavia]

Originally Posted by jrref

As most have said you will never recover from any upgrades. If you want to get the most from your investiment get the basic house, live in it and do no upgrades. Always put in the cheapest washer/dryer, fridge, dishwasher, etc.. and you will always get a better return on investment.

Also unlikely to to recover a bond payoff.

[thelegges]

Originally Posted by Altavia

Also unlikely to to recover a bond payoff.

I don’t think those who are multi buy/sell ever would pay off bond. We didn’t on any of our houses, just passed it to the next owner. Those preowned we looked at with paid bond usually had a increase in $$$ sale price trying to recoup paid bond.

[Topspinmo]

Originally Posted by biker1

My 11 year old designer on a retention pond has doubled.

Don’t mean you’re going to get that?

[Topspinmo]

Housing market overall down and IMO going go down more based on flooded market everywhere.

[biker1]

The house next door sold 2 years ago for more than 2x the original price (after 9 years). A house down the street is listed for more than 2x its original price 11 years ago. I probably would get 2x but I am not looking to sell it.

Originally Posted by Topspinmo

Don’t mean you’re going to get that?

[Cliff Fr]

Originally Posted by Rainger99

It seems that a lot of pre-owned houses are for sale - and the asking prices are significantly higher than the purchase price even for houses built in the last five years.

Assume a home with a view (golf course, water, preserve) and a home without a view (wall or kissing lanai) and that there have been modest improvements in all homes (no pools) but some upgrades and landscaping totaling no more than $25,000.

Ballpark, how much should a new home (veranda, designer and courtyard villa) increase in value after 1,2,3,4, and 5 years?

Has there been a significant change now as compared to houses built in 2015?

You need to keep in mind the value of the bond being paid off or partially paid off on a pre-owned home.