Talk of The Villages Florida

Talk of The Villages Florida (https://www.talkofthevillages.com/forums/)
-   The Villages, Florida, General Discussion (https://www.talkofthevillages.com/forums/villages-florida-general-discussion-73/)
-   -   Historic Side Neighborhood revitalization Confirmed (https://www.talkofthevillages.com/forums/villages-florida-general-discussion-73/historic-side-neighborhood-revitalization-confirmed-119607/)

dirtbanker 08-21-2014 09:08 AM

Quote:

Originally Posted by graciegirl (Post 926456)
Incoming.

Oh 4 SURE! LOL

kstew43 08-21-2014 10:24 AM

but you gotta ask yourself, why would anyone want to spend $200,000+ to live next door to a home that might be valued at $60-100.

the opposite of buying the cheapest home in the best neighborhood.

Seems like it would appreciate the manufactured :wave: but depreciate:doh: the new site built.

How would they ever get it appraised..........

graciegirl 08-21-2014 11:33 AM

Quote:

Originally Posted by kstew43 (Post 926506)
but you gotta ask yourself, why would anyone want to spend $200,000+ to live next door to a home that might be valued at $60-100.

the opposite of buying the cheapest home in the best neighborhood.

Seems like it would appreciate the manufactured :wave: but depreciate:doh: the new site built.

How would they ever get it appraised..........


I dunno. I have great confidence that the pricing will be right and the upgrading of older homes will be continued in the same way; that the developer will continue to buy properties and build nice houses on them. Someone once had a whole thread on that she couldn't see what the developer gave to charity. Maybe he sees things differently and has a lot of pride in his creation and wants to do good things right here. I really think he knows what he is doing.

There is an old country saying about someone who always seemed to know how to make things successful. They would say;

"He could fall in an outhouse and come out with a new suit on".




Gracie from the wonderful farming fields of Ohio.

TVMayor 08-24-2014 08:14 AM

When the Village sales people show the new homes in the historical area do you think they will tell the prospective buyers that children are being allowed to live in this 55 and older retirement community?

dbanks50 08-24-2014 08:17 AM

Quote:

Originally Posted by TVMayor (Post 927781)
When the Village sales people show the new homes in the historical area do you think they will tell the prospective buyers that children are being allowed to live in this 55 and older retirement community?

I sure hope so!

Dr Winston O Boogie jr 08-24-2014 09:09 AM

Quote:

Originally Posted by kstew43 (Post 926506)
but you gotta ask yourself, why would anyone want to spend $200,000+ to live next door to a home that might be valued at $60-100.

the opposite of buying the cheapest home in the best neighborhood.

Seems like it would appreciate the manufactured :wave: but depreciate:doh: the new site built.

How would they ever get it appraised..........

I tend to agree with that, but sometimes it seems that the rules that work elsewhere don't always apply here in The Villages. For example many people have purchased manufactured homes only to tear them down and built much bigger beautiful site built homes.

Some people really love it on this side and prefer to live over here. I know of people who can afford to move over to the other side of 27/441 but they stay here because they like the feel of the neighborhood.

Like I said the fact that The Villages is buying $40,000 lots for $100,000 and then paying to upgrade them before they build on them makes no sense to me either. Your point also doesn't seem to make sense but, this developer has become very successful by providing people with what they want. They seem to know what they are doing and I'm guessing that they know something that we don't know in this case as well.

By the way, there are very few homes here that are valued at $60,000. I think that the average value is somewhere around $120,000.

sunnyatlast 08-24-2014 01:20 PM

Quote:

Originally Posted by Dr Winston O Boogie jr (Post 927806)

Like I said the fact that The Villages is buying $40,000 lots for $100,000 and then paying to upgrade them before they build on them makes no sense to me either. Your point also doesn't seem to make sense but, this developer has become very successful by providing people with what they want. They seem to know what they are doing and I'm guessing that they know something that we don't know in this case as well.

It's called "Giving Back thru Investment in Revitalization".

The developers do "give back", but not necessarily in the sense of handing out cash. Their example with the new homes will be instructive and assuring to neighbors who would like to upgrade their properties or sell them for more, and now the selling prices of the new and upgraded ones give them assurance it can be accomplished financially.

A new generation of buyers is coming in at the time of new-build homes ending. The historic side's new or upgraded homes will be where they turn when thousands of new homes over $300,000 will have been just bought in the southernmost end of TV, and owners aren't moving a year or two after they bought it.

And they will get in the historic side a much bigger lot with mature trees, and quick access to Spanish Springs which many people like much better than Brownwood.

dbanks50 08-24-2014 01:37 PM

But sadly when revitalized, there won't be an affordable home for many.

sunnyatlast 08-24-2014 01:43 PM

Quote:

Originally Posted by dbanks50 (Post 927902)
But sadly when revitalized, there won't be an affordable home for many.

"Many" will stay in their homes they already have that are worth $80,000 to $100,000. The other "many" will be coming in newly retired or about to retire with today's retirement savings and investments making them able to afford $200,000 (which is still a bargain price point for people coming from other states where a patio villa like TV's would cost $400,000+).

dbanks50 08-24-2014 01:50 PM

Quote:

Originally Posted by sunnyatlast (Post 927906)
"Many" will stay in their homes they already have that are worth $80,000 to $100,000. The other "many" will be coming in newly retired or about to retire with today's retirement savings and investments making them able to afford $200,000 (which is still a bargain price point for people coming from other states where a patio villa like TV's would cost $400,000+).

I certainly hope so, but it may be hard for those who don't make TV their full time residency. I know I could not afford two $300,000 homes and continue the lifestyle I have now.

Chi-Town 08-24-2014 03:12 PM

Go to yesterday's Daily Sun pre-owned homes flyer and turn to the manufactured homes page. Prices seem to have climbed lately.

sunnyatlast 08-24-2014 06:23 PM

Quote:

Originally Posted by Chi-Town (Post 927982)
Go to yesterday's Daily Sun pre-owned homes flyer and turn to the manufactured homes page. Prices seem to have climbed lately.

They are here:
The Villages - Search for New, Pre-owned Homes and Villas in The Villages, Florida

Dr Winston O Boogie jr 08-24-2014 10:04 PM

Here's the house that's going up on Parker Place. It's a different model.

http://i1260.photobucket.com/albums/...ps9b9b87d0.jpg

graciegirl 08-25-2014 02:53 AM

Quote:

Originally Posted by Chi-Town (Post 927982)
Go to yesterday's Daily Sun pre-owned homes flyer and turn to the manufactured homes page. Prices seem to have climbed lately.

The prices are set by the people who are selling them. Just like the prices of patio villas have gone up in a years time from about 135K to about 180K. If you can get more for your home when selling it, that is good. A house is worth what you can sell it for.

The Villages is a desirable place to live. A rising tide lifts all boats.

CFrance 08-25-2014 06:13 AM

Quote:

Originally Posted by Dr Winston O Boogie jr (Post 928189)
Here's the house that's going up on Parker Place. It's a different model.

http://i1260.photobucket.com/albums/...ps9b9b87d0.jpg

I have a question. Are all the sided houses not made of concrete block construction? Are any? Someone told me all the houses were concrete block, whether sided or stucco, but I wasn't sure if they had their facts right.


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