[golfing eagles]

IMHO, this is real estate----location, location, location. TV is not the only retirement community in Florida. If new homes south of 44 are more desirable than other communities, the selling price will be higher and they will retain value. If resales north of 44 are more desirable, they will sell higher. If someone develops a better community nearby, then sale prices in TV will be lower. Seems pretty simple

[dewilson58]

"Please advise any comments regarding what impact the continued build out may have on values of current homes going forward. That is much appreciated and surely of value to other readers on this forum. "

Up

[2BNTV]

Originally Posted by dewilson58

"Please advise any comments regarding what impact the continued build out may have on values of current homes going forward. That is much appreciated and surely of value to other readers on this forum. "

Up

I can't see the values going down as this is the most desirable adult community to live in. IMHO

I'm sure some people will disagree but that's my opinion and I'm sticking to it!

[johnmlynch]

Thanks for the union comment! Without them I would still be behind the plow.
John Lynch

[John_W]

Originally Posted by TNGary

With the additional TV expansion that will commence over the next few years, as opposed to a foreseeable build out, I am trying to ascertain what impact that will have on the real estate values of existing homes.

Expansion can be seen in many ways. I moved here in June 2011, not that long ago. There wasn't one home for sale or even standing south of 466A. That area was considered expansion. I went to the first open house in the new area. Sanibel was the only village and August 2011 they had about six open houses decorated on Braddy Court.

The 2000 census of TV was 80,000, I believe we are now around 115,000 or more. That expansion has brought a 50% increase in my CYV resale value. Can you imagine buying a brand new masonry Durham CYV for $157K, those shopping in Woodbury area would like that a lot.

[pauld315]

Originally Posted by John_W

The 2000 census of TV was 80,000, I believe we are now around 115,000 or more. That expansion has brought a 50% increase in my CYV resale value. Can you imagine buying a brand new masonry Durham CYV for $157K, those shopping in Woodbury area would like that a lot.

Home prices have gone up all over the country since 2011. I doubt it is due to the expansion of TV

[Rboyd53]

Some feel Pine Ridge and Osceola are already too far south. That's already reflected back on increased pre owned home values. No worries.

[Boomer]

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