Talk of The Villages Florida

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-   The Villages, Florida, General Discussion (https://www.talkofthevillages.com/forums/villages-florida-general-discussion-73/)
-   -   Great house, but near power lines (https://www.talkofthevillages.com/forums/villages-florida-general-discussion-73/great-house-but-near-power-lines-359323/)

patfla06 06-12-2025 10:20 PM

Absolutely not. I don’t want to look at them. Is the house price more reasonable?
I would worry about future resale also.
Also would not buy near the Florida Turnpike.

asianthree 06-13-2025 04:26 AM

The house sold quickly before OP had a chance to make any decisions. So someone didn’t have a problem

Normal 06-13-2025 05:40 AM

Born Every Minute
 
Quote:

Originally Posted by asianthree (Post 2438670)
The house sold quickly before OP had a chance to make any decisions. So someone didn’t have a problem

One born every minute. The problem would show up a year or two later when the home would be up for sale and it was discovered it couldn’t be sold.

gorillarick 06-13-2025 07:57 AM

I always attach a key to my kite sting during thunder storms, so it seems fine to me.

Bill14564 06-13-2025 08:14 AM

Quote:

Originally Posted by Normal (Post 2438682)
One born every minute. The problem would show up a year or two later when the home would be up for sale and it was discovered it couldn’t be sold.

Couldn't be sold? Just like this time? Just like the time before? Just like all the neighbors?

Stu from NYC 06-13-2025 09:05 AM

All things being equal why buy something that can present problems in the future? Are there no other houses for sale?

Bill14564 06-13-2025 09:20 AM

Quote:

Originally Posted by Stu from NYC (Post 2438751)
All things being equal why buy something that can present problems in the future? Are there no other houses for sale?

All things are rarely equal.

jimhoward 06-13-2025 09:46 AM

The home that is the subject of this post is sold, but the issue of power lines will come up again.

Most of the homes in the new areas have power lines nearby. If you have a view lot, you can probably see them. No power lines run directly over homes, but they are within a few hundred yards of hundreds of homes.

Anyone who wants a new house on a view lot and won't consider anything with power lines nearby may need to wait a bit. Everything they are building right now seems to have them.

Normal 06-13-2025 01:05 PM

Correction
 
Quote:

Originally Posted by Bill14564 (Post 2438733)
Couldn't be sold? Just like this time? Just like the time before? Just like all the neighbors?

Correction, sold at a comped and desired price. :wave:

Few if any are asking their realtor for power wires or a substation for a view. It’s a a compromise out of the starting block for most buyers.

Bill14564 06-13-2025 01:28 PM

Quote:

Originally Posted by Normal (Post 2438803)
Correction, sold at a comped and desired price. :wave:

Few if any are asking their realtor for power wires or a substation for a view. It’s a a compromise out of the starting block for most buyers.

Sold is sold. And, sold faster than the OP could make a decision. Does not lead me to worry about the ability to sell it again in a year or two.

Normal 06-13-2025 01:31 PM

Price
 
Quote:

Originally Posted by Bill14564 (Post 2438805)
Sold is sold. And, sold faster than the OP could make a decision. Does not lead me to worry about the ability to sell it again in a year or two.

And price is price. One can buy a designer home on power lines for 500k and later find out they may not recoup their initial investment.

Bill14564 06-13-2025 01:54 PM

Quote:

Originally Posted by Normal (Post 2438806)
And price is price. One can buy a designer home on power lines for 500k and later find out they may not recoup their initial investment.

Doesn’t seem to be a problem today. Five years from now, who knows? That $750K house in the desirable neighborhood may then be selling for $500K due to the recession. Homes that you live in are not investments, buy what makes you happy.

HappyTraveler 06-13-2025 02:05 PM

Quote:

Originally Posted by Bill14564 (Post 2438805)
Sold is sold. And, sold faster than the OP could make a decision. Does not lead me to worry about the ability to sell it again in a year or two.

House is NOT sold. See Comments #61 and 63.
Pending most definitely does not mean 'sold' in TV.

Even if this Pending sale does close, the electrical towers are still an added liability for a future sale. All a seller needs to experience difficulty on the sell side is: a high supply/lower demand market coupled with a "feature" many buyers won't consider and, perhaps, some urgency to get on with the sale.

Doesn't matter a lick to me what people choose for themselves but, the reality is that one aspect would make it more difficult to sell in certain market conditions.

Normal 06-13-2025 02:08 PM

It’s a problem
 
Quote:

Originally Posted by Bill14564 (Post 2438808)
Doesn’t seem to be a problem today. Five years from now, who knows? That $750K house in the desirable neighborhood may then be selling for $500K due to the recession. Homes that you live in are not investments, buy what makes you happy.

I know it is a problem in Citrus Grove. I’m not sure about other villages. Homes are being sold at a loss because of the power company’s venture to upgrade their power plant. Homes along the heavy duty power wire route are breaking even for the most part after 4 years of ownership.

Bill14564 06-13-2025 02:39 PM

Quote:

Originally Posted by HappyTraveler (Post 2438813)
House is NOT sold. See Comments #61 and 63.
Pending most definitely does not mean 'sold' in TV.

Even if this Pending sale does close, the electrical towers are still an added liability for a future sale. All a seller needs to experience difficulty on the sell side is: a high supply/lower demand market coupled with a "feature" many buyers won't consider and, perhaps, some urgency to get on with the sale.

Doesn't matter a lick to me what people choose for themselves but, the reality is that one aspect would make it more difficult to sell in certain market conditions.

Mmmm yeah, okay


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