Talk of The Villages Florida - Cheaper to Rent or Buy??

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Quote:

Originally Posted by rhart (Post 1159133)

I doubt that the bridge will scare me. I used to race cars for a hobby.
If the developer is redoing some of the old man. houses there must be an opportunity for others to do the same. No??

I did visit the "historic" side last week while there and liked in particular the houses with the lake view. I talked to one lady that owned two of them and she indicated that the lake view came with a $30K price differential. I think the "landscape complications" mentioned above must be a euphemism for gnomes. :)

Question for you: Can the carports in the historic area be enclosed and made into garages without undue complications or nonsense with codes/permits??
Thank you
Rick

Yes. I owned a manufactured home and the carport was enclosed. A golf cart garage was also built onto the side behind the utility room. Many of the manufactured homes have additions as well. A friend of mine added a living room that almost doubled the size of his home.

The new homes on the historic side are selling for less than comparable models in the new sections. Also, there is not bond over here.

I don't understand where people get the idea that the lots are bigger over here. When I visit my friends in the "nicer" areas, their lots seems bigger to me. I think that some of the lots over here look bigger because the manufactured homes are so small.

Quote:

Originally Posted by Laker14 (Post 1164178)

Good points, as long as you are committed to living in TV most, if not all, of the calendar year. Otherwise, taxes, maintenance and upkeep will erode most, or all of the appreciation while you are not even using the place, and facing living expenses in your other location.

If you're talking about renting seasonally, that's another whole subject. Yes, I agree with that. If you have a primary residence elsewhere it might make sense to rent for a few months in the winter. But that should be compared to the cost of staying at a hotel as opposed to buying or renting a home.

On the other hand many people are surprised to find that some people rent here for the summer. If you owned a home, you might be able to rent it out for a few months to defray some of your expenses.