Talk of The Villages Florida - Rentals, Entertainment & More
Talk of The Villages Florida - Rentals, Entertainment & More
#16
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You forgot to add the cost of your Home, Taxes, Insurance, etc. The free golf is a lot cheaper after deduct all these expenses on your income tax.
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#17
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Move
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#18
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Free golf if you walk. As for the amenities fee, golf is just one part of that, so many don’t play golf so you can’t put a price on a round of golf. You have to pay that to live here not to golf here.
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#19
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Nothing really free…everything has price..
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#20
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[QUOTE=ThirdOfFive;2096414]
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#21
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Some people just can't add or subtract.
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#22
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And, the simple solution to lower your per-round fee is simply to play more golf. :-)
__________________
------------------------------------------------ Garry Briar Meadow |
#23
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The amenity fee is relatively cheap compared to comparable retirement communities. I rarely use any of the rec facilities and never golf.
Despite that I think of it as a great deal since it is great for property values and is a major reason why The Villages is considered the number one retirement community in the country. |
#24
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You have 2 options
Don’t play golf or Move |
#25
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You paid $300-500k for a house and you complain about a few bucks? Stop playing so much .
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#26
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How about the third option that most Villagers take: Pay the amenity and trail fees and enjoy your golf.
Now for some remedial math: Cost of maintaining a golf course, according to the CSGA, varies from $80,000 to close to $ 2 million/year depending on location and the course. The average is $500,000/year for a full 18 hole championship course in very good condition, or $250,000 for a 9 hole course. Our 9 hole exec courses are less than 1/2 of the length of nine holes on those courses, but the most expensive parts of a course to maintain are bunkers and greens, so let's go high and say it costs $200,000/ year to maintain each of our execs. So, 44 execs x $200,000/year = $8.8 million/year. On the income side-----approx. 65,000 homes in TV paying about $170/MONTH amenity fees: 65,000 x 170 x 12 = $ 132.6 million/year. 8.8/132.6 = 6.6% of the amenity fee going to golf (far from 100%). We can debate these numbers a little, but they are certainly well in the ballpark, so I doubt more than 10% of the amenity fee goes for exec golf. So.....$170/month x 6.6% = $11.22/month or $134.64/year, then add $144 trail fee (if using cart) for $278.86/year divided by 104 rounds = $2.68/round , or only $1.29/round if walking and playing twice a week-----this is the real cost of "free" golf, far from $24/round. Play 4x/ week and those costs go to $1.34 and $0.65 respectively. (mike drop) ![]() ![]() ![]() |
#27
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I think the OPs math is a bit off. Based on his calcs, his amenity fee is in excess of $200 per month. Mine are still quite a bit south of that number monthly. |
#28
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and don't forget about salaries to be paid to the workers of the rec centers, starter shacks, and district offices
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#29
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Don't quote me on this but I believe I recall that about 40% of the amenity fee goes to paying off the amenities bought from The Developer. I have seen the budget but I don't recall exactly where.
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#30
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By your logic, those of us who never pick up a club are saving the $144 a year, but paying $175 a month to look at all the grass and flags. Oh, wait, there are pools, flowers, trash pickup, rec centers, community watch........
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Closed Thread |
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