Talk of The Villages Florida - Rentals, Entertainment & More
Talk of The Villages Florida - Rentals, Entertainment & More
#1
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Amenity Fees
Do the Amenity fees vary depending on when you bought your home or its purchase price?
I read an article in the paper or on THE VILLAGES NEWS (can't remember which) that said Amenity fees were going up to $159 for new sales and resales, an increase from the current $145. But we pay $148.19 so I am a little confused. (Yes I know $3 difference is not a big deal, still . . . ) |
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#2
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Yes when you buy either resale or new, fees are now $159 per month.
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#3
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I do not see any recent comment. Am I not seeing something, or is this a Taboo topic in this forum? |
#4
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My current amenity fee is $150.70 for a house I purchased new in February, 2016. It has increased by about 3 dollars since I bought the house. I think it is a bargain. It certainly is not a taboo topic for me.
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#5
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This thread has your answers.
Amenity fees increase
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The further a society drifts from truth the more it will hate those who speak it. George Orwell. “Only truth and transparency can guarantee freedom”, John McCain |
#6
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We closed on a pre-owned home a little over 3 years ago in 2015. Our amenity fee for November was $153.07. In my opinion, that's a great bargain for all the wonderful amenities we get to enjoy!
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#7
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The was an error in the POA article, the current Deferral Rate for areas north and south of CR466 is $155 not $145. The correct amount is stated later in the article. Your rate can be any where up to $155 depending on when you purchased and the CPI adjustments since. The Prevailing Rate of $159 is what has been established for all new sales and resales after 1 October. According to the information received by PWAC last month the $159 will also be the Defferal Rate for those under this new higher rate until a new/higher Deferral Rate is established by the AAC/PWAC.
As the POA article stated in approximately 4 years the Deferral Rate impact will be sufficient that amenities costs will be greater than the fees collected. Then we have a budget crisis on our hands. We either have to adjust the Deferral Rate higher or start deficit spending like the federal government. This is why the AAC and PWAC will be having a joint meeting in 2019 to discuss and establish a new Deferral Rate or possibly even eliminate the Deferral Rate altogether. The costs for amenities continue to rise every year due to rising labor, material, and energy costs. There is no profit or greed factor in these costs on the operating level as all the amenities properties north of 44 are now government owned and operated. The developer does not control or operate the amenities north of 44 and has no say in the budgeting process for these costs. The amenities rates going up is inevitable for that there is no doubt. This will of course raise the most commotion and noise because it will hit everyone in the wallet and is the most visible. The real battle that needs to be fought and people need be more in tune with is WHO establishes the rates, the developer or we as the residents through our representatives on the AAC and PWAC. It is a complex issue with many moving parts involved but as a resident and district supervisor my opinion is that we, the residents who pay for and use the amenities, should be in control of this critical portion of our community.
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Don Wiley GoldWingNut (a motorcycle enthusiast not a gilded fastener) Village of Hillsborough www.goldwingnut.com YouTube –YouTube.com/GoldWingnut and YouTube.com/GoldWingnutProductions Carpe diem quam minimum credula postero Society is produced by our wants, and government by wickedness; the former promotes our happiness positively by uniting our affections, the latter negatively by restraining our vices. - Thomas Paine, 1/10/1776 Last edited by Goldwingnut; 03-03-2019 at 10:28 AM. |
#8
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Thank you for your excellent summation of the situation.
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#9
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I purchased new on Sept 19, 2014 between 466a and 44. My fee is 153.30. Been increasing every year.
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#10
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Amenity fees
I side with Goldwing Nut. We don't get a vote. Okay, the increase may only be a few bucks, but the timing stinks. The investment market is in turmoil. Research shows an increasing number of Americans fearful of rising costs for everything. Spending could go down as a result, but the CPI may still rise, which could lead to further amenity fee increases. Keep buyin' them lottery tickets, ya'all.
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#11
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Quote:
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"I am a great believer in luck, and I find that the harder I work, the more I have of it." -Thomas Jefferson |
#12
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Patchogue, NY; Village of Bonita Sept.09 |
#13
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100%
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#14
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Can't understand the bitching about the amenity fee. For what it gives in return, I don't see how it keeps so low.
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#15
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I've lived in a non-luxury condo complex in one of the most expensive states in the country (Connecticut). Our condo fee (which is similar to an amenity fee) was around $90. That was back between 1989 and 2002 which is when we moved to our current house in a nearby town. There was no golf course, no sidewalks, no walking trails, no pool, no clubhouse, no basketball court, no sports area, no restaurants, no town square, no dancing or movie theatre or even a meeting room. We had - nothing. For our $90/month they plowed the snow, mowed the lawn, maintained the trees and shrubs, paved the road when it needed, lined the parking spaces, and maintained the lighting along the drives between buildings.
At $150 in 2018, I'd say you're getting an INCREDIBLE deal for your money. I'd say, in fact, that the only reason you're getting such an incredible deal is because they've packed you in by the tens of thousands, in a relatively small amount of space. If they gave you 1/4 acre per homesite, AND golf, clubhouses, landscaping, fire department, etc. etc. etc - they'd have to give you not even 1/4 of what you get, and charge you twice as much for the privilege. |
Closed Thread |
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