Talk of The Villages Florida

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-   The Villages, Florida, General Discussion (https://www.talkofthevillages.com/forums/villages-florida-general-discussion-73/)
-   -   Does a golf course/water view really worth it? (https://www.talkofthevillages.com/forums/villages-florida-general-discussion-73/does-golf-course-water-view-really-worth-359611/)

KenLee100 06-26-2025 07:57 AM

A good LOCAL real estate professional should be able to calm your fear of loss. Remember this market is different than most of the country. There are are many 'Chicken Littles' out there that will tell you the sky is falling to get clicks on YouTube.

Lisanp@aol.com 06-26-2025 08:34 AM

With how difficult lots are to obtain, especially desirable view lots, you might have to take what you can get. I lost out on 9 lotteries (27 lots) before settling for a lot that was not our desired view. The best lots are truly like winning a lottery prize. Don’t get your heart set on a specific view or you are surely going to be disappointed. But, short answer is that my opinion is that no lot in the Eastport area is worth a $200,000 lot premium. Even the “best” lots have something not so desirable about them (power lines, prison lights, turnpike noise, etc)

South2C 06-26-2025 08:41 AM

There are also lakes of which are named. Usually having fresh water springs.

justjim 06-26-2025 08:52 AM

View lot vs interior lot
 
Quote:

Originally Posted by jimhoward (Post 2441338)
Yes they do, and they sell faster as well. View lots are often larger as well and that is a factor in the price. That is why, if you try to buy the $150K lot that you have your eye on, you can't just do it. You have to enter a random drawing with other people will also want the lot.

The $0 and $5K interior lots on the other hand, you can just take your pick. But, unfortunately the beautiful house you want to build on the view lot, doesn't fit on the $5K lot. So there is that.

We had our “dream home” built on a golf course lot. No golf balls because of the lot we chose. Mowers and golf cart noise were minimal, again, because of the lot we chose. I will make a guess that it is likely more difficult to choose the exact lot on a golf course today because of the so called “lottery” for them. If I was purchasing today that could be a deal breaker for me. But to each their own. A water view lot was not in our plans for reasons others have mentioned in their posts.

That said, you can choose your house and lot but not your neighbors. Generally speaking your neighbors are just a few feet away on either side and not far across the street. As far as value, the value in most cases, has been extremely profitable in The Villages. I have no reason to believe that won’t continue in the future. I cannot emphasize enough that due diligence is a must when purchasing real estate in The Villages. Good hunting.

Rainger99 06-26-2025 09:02 AM

Is there a significant price difference for a house on a Championship course as compared to a similar house on an executive course?

larrycrilley@gmail.com 06-26-2025 09:19 AM

The golf course view is beautiful and quite relaxing. We just happened to be getting ready to market OurCourtyard Villa with the golf course view, a pool, and Jacuzzi, and quite a few extras.

Replied if you’d like

Joecooool 06-26-2025 09:25 AM

Quote:

Originally Posted by jimhoward (Post 2441338)
Yes they do, and they sell faster as well. View lots are often larger as well and that is a factor in the price. That is why, if you try to buy the $150K lot that you have your eye on, you can't just do it. You have to enter a random drawing with other people will also want the lot.

The $0 and $5K interior lots on the other hand, you can just take your pick. But, unfortunately the beautiful house you want to build on the view lot, doesn't fit on the $5K lot. So there is that.

We just built a large house in Well Point on a lake. They told us when we bid on our lot that we would have to go through several rounds of lots before we would get the one we wanted.

Nope, got the first one.

Since we have moved in we have been speaking with our neighbors and they have all told us the same thing - got their waterfront lot on the first try.

So while it may have been hard in the past, it wasn't for us.

The extra $100k was worth it for us because it allowed us to have a larger house with stretches and a pool with a screen enclosure. I also couldn't have my back patio up against another house, I can't live like that.

I just wish we hadn't bid on the first try because we were NOT ready to buy. We hadn't even listed our other home for sale yet because our realtor told us it would probably be a year or so before we "won" the lot lottery. Getting it so fast caused us an enormous amount of stress trying to list and sell our home in time to close on the new build. And when that didn't happen, the additional stress of having to get unexpected financing for the new home.

Knowing what I know now, I would have done things differently.

justjim 06-26-2025 09:27 AM

Quote:

Originally Posted by Rainger99 (Post 2441499)
Is there a significant price difference for a house on a Championship course as compared to a similar house on an executive course?

As a general rule, yes.

snbrafford 06-26-2025 10:40 AM

It's hard to value a view
 
Quote:

Originally Posted by fflmaster (Post 2441330)
I am sure this is discussed in Nauseam, but can’t seem to find much on a search with recent opinions.

I expect my wife and I will want to design our house vs purchase an already made and ready new home if we go in the new home direction.

However, looking at locations TV releases to build lots on the price can go from 5k to 200k.

I get the idea of pick what you can afford and want, but I am still the kind of person that needs to confirm value. Say, we decide to move to a new location in 10 years. I don’t want to loose 200k in value. Up North, the area and size of house would all be similar in price. View would not mean anything to valuation of sale.

So, do the golf course views really sell for 200k more than a same style home without the view? Or do you understand and accept a loss if you purchase the view?

I've lived in TV since 2018 and in our second home for a year now. To US (each has to make up their own mind), a view (golf, water, reserve, etc.) was not worth the additional price. We have relatives in the northern section up by Glenview that purchase an older home with a great gold course view but got at a great price as it needed a lot of updating. It's think TV artificially generate the cost of "special" lots as they have a raffle when you want to purchase a specific lot - its not as simple as going Into a sales office and picking a lot.
At the end of the day, the value of a view is up to you alone. I don't think you would lose the money. HOWEVER, a lot of people move to other areas (us included) and some multiple times.
I would suggest not passing up pre-owned homes as the previous owners have often made nice upgrades that don't recoup the cost on a sale - especially if not owned for a while. For example, we were the fifth owner for our first home here. We move to get a larger lot - no view but privacy and room for a pool or hot tub.
Also, be wary of pond views. The ponds close us were just mud holes until the recent rains.

fflmaster 06-26-2025 01:41 PM

Quote:

Originally Posted by lawgolfer (Post 2441468)

If you are spending the extra money for a "view" lot, I recommend you look at those with a view of water or a preserve and not a bunch of old men with beer bellies, dressed in funny looking clothes, and poking in your plants looking for a little white ball.


I do appreciate the response. I am looking to get all sides.

HJBeck 06-26-2025 03:14 PM

It's in the eye of the beholder!! If it turns you on, do it. Make sure you like golf balls flying into your yard or house. I speak from experience (I'm the one hitting them). Some people complain about the lack of privacy, and the constant golf cart noise all day long. But the final choice is always yours, not others telling you what you should do.

UpNorth 06-26-2025 03:59 PM

A golf course view is often more than just a view. Especially if you are next to a tee box, putting green or golf cart path. Spend an hour or so in front of your viewing area and see if you want it. You might be surprised.

almondz 06-26-2025 07:07 PM

It's all a matter of opinion.

BrianL99 06-26-2025 07:25 PM

Quote:

Originally Posted by KenLee100 (Post 2441476)
Remember this market is different than most of the country.

Different, how?

Different, why?

tophcfa 06-26-2025 09:12 PM

Quote:

Originally Posted by BrianL99 (Post 2441580)
Different, how?

Different, why?

Really? There is no other place in the entire world, no less the USA, that is like the lifestyle in the bubble. If the Villages didn’t exist, my wife and I wouldn’t have a home in Florida.


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