There are many Manufactured Homes in very good condition that can be had at prices that will leave you with money to work with to get settled in. The homes are in fine condition. Many people are guessing about what its like to live in the Historic Section. I can tell you it is just fine. Property taxes are around $1000 after you are Homesteaded. They also bill for garbage and the fire department on the tax bill. Total in 2017 was about $1200 for the year. $100 per month. Send me a Private Message if I can be of any other assistance.

There are many, many, many owners in the Hysterical section who will be going down with the ship. Meaning they will never trade in, sell, knock down, drag away, or consider leaving this area. I am one of those. I gave Fenney a thought but decided if I want a new house I already know the perfect place to build it. Rite here.

Fenny’s loss [emoji41].


Sent from my iPhone using Tapatalk

I'm going to assume natural gas is cheaper than electricity? Is there that big of a difference?

Our 2000sf home in TV the electric for one year was $1012. In our village we have gas and electric, but our home is all electric.
That’s comparable to our up north home for electric, but we have gas for heat, so our budget is twice that for heat and air up north.

Too many people try to pass off their opinions as fact. I am happy to hear that all is good up there and that you are enjoying it.

To add onto this, we have the same type of heating system up north as we do in TV, both houses being all electric. In a word, electricity is cheap in TV. I can't wait to only be paying those bills, especially after this winter. :sigh: It's the heating bills in very cold weather that kill you with heat pump systems, the air conditioning is quite efficient.

Hmmm, my sister & brother-in-law (he is 100% disabled Vietnam Vet) just moved down here from NJ last month and he seems to be not going to have to pay RE tax after his visit to the tax office. If he was misinformed he'll be quite unhappy.

While bills of 84.33 a month on average for an occupied home are possible, I would budget for more. I rent my place on occasion and I have an energy monitor. I am an energy geek. I can assure you that the same home, equipped the same way can use +/- 40% depending who is operating the thermostat..

It is pretty easy to spend 200/month in August.

We have a standard designer house and our taxes last year were about 1% of the value of our house.

Was that true for the rest of you?

Little over a thousand a year has been pretty consistent for us year round since 2014 in our current home. Not a energy geek or have special monitoring system. We have a humidistat. We have never had a summer bill at $200. In any of our three homes. Just stating a fact of the exact amount we pay for a year of electricity. I use quick books so it's very easy to look at any bill since we bought in 2010

As I said, it's possible just unlikely that most people can obtain this. Just look at the facts. SECO charges .1107 per KWH for the first thousand. Less any fuel savings. This can be per .018 per KWH for an effective rate of .0927 on a good month which is quite cheap. So this means on average you are consuming 900 KWH per month.

Now if you are energy aware your always on load is 100 to 150 watts and your fridge is 110 to 125 watts. So you are down 120+ KWH before you heat the water or heat/cool the home. All this said you can have bills this low but for the poster who asked the question, s/he should plan more if they want flexibility in the budget for energy.

I am retired I no longer get paid to over think non life threatening issues. OP asked for costs not formulated guesses. My post was exact cost paid to seco. Since we have multiple homes here, pay the bills for them, kind of have a handle on what it cost to run them, since 2010. While each person keeps their home at a certain temp, sometimes open windows, and have multiple electronics, it would be hard to say other than it does cost us less to run our designer, than the cottage or PV. I find our generation spends less time sitting in a house, and instead has a active lifestyle here. As I stated the cost to run homes here is far less than for our up north homes.

I am not guessing I know precisely what it costs and how different appliances and decisions impact costs. Because of this I refer any requests for energy costs to the villages estimates, that is 148.00.

The poster is looking for a home at a lower price point because of this It is best to refer to cost which they can probably beat and not a cost they will find hard to obtain.

Now if you have a second home and spend time up there (summers), then the 1K annual cost is on the mark. Posting such a low number without disclosing summers away does no one any good.

The OP clearly asked for the cost of taxes not how much does it cost to live here all up all in.

Sorry I did not mention all of our homes are lived in TV full time, PV with standard ceiling, and cottage with vaulted ceiling runs about the same, both vinyl sided. Designer is stucco and the oldest built. Up north home not that it matters is lived in 10 months out of the year. So there is your disclosure. I would never intentionally post incorrect information as you have quoted. I am often pm about exact cost on different models and gladly give them so a person can have an idea of what TV can offer. So my reputation is still in tack, answered honestly and with numbers in hand, since 2010. Well it time to step away from this site for awhile, too much drama trying to help.

After $50000 homestead, 1% of your assessed home value. $300,000 = $3,000 taxes per year plus the bond + interest if you don’t pay it out.

If you do your homework you will find a place to suit your needs in TV. The essence of the place is the list of activities and the people who are with you. If you are looking to be active this is the place for you - make it work.

I bought a home, cash, as is, furnished, 2 bedroom 2 bath, year round Florida Room, 2 car garage, and small screened in front porch near Spanish Springs for $175000. $1100/ year taxes. Keep looking. July 2017.

We pay $3,691 for a designer home built in '16. Don't forget there is usually a bond associated with a home. Our bond is an additional $2,500 a year.

I have a house we bought for a little more than your quoted range. In Sumter County, all taxes, the maintenance fee and misc items that are billed with taxes (paid in 2017) came to around $1950 for the year. We have the Homestead Exemption but not your additional veteran's deduction on the assessment. Our house is over 20 years old so the bond has long been paid. Lake County has no bond, even on the new homes, which are not cheap. They are listed at over $200,000 (because we did look). There are some nice, smaller homes in the Del Mar area (Lake County) that may be less expensive. It's been 2 years since I've kept up-to-date on listing prices. Except for new houses off of Rt 42 in Marion County, most houses north of Rt 466 are old enough to have the bonds paid off, or close to it. Yearly bond amount, if still in force, would be "around" $150 a year, possibly less for a house in that price range. We pay less than we did in PA and PA wasn't as high in taxes as NY or NJ. I can't say for other states. Good luck! I hope you find something you like.

Please look at the attachment in post #21 for the facts, as of 2017.

Lake County has no bond, even on the new homes This is not true. The correct description is that Lady Lake (Lake County) homes do not have a bond. The homes in the villages of Pine Ridge and Pine Hills in Fruitland Park (Lake County) DO have a bond.

Sumter County millage rate is 11.5251.

There is a villa for sale for $197K, paid $148K in 2014.
They have no exemptions and the taxes are $2,900/year.
This includes taxes, maintenance and bond.

I assume you know that around $500 a year of what you pay for "county taxes" is a local assessment by The Villages? You cannot get out of paying that. You can get a pretty good discount by filing as an official Florida resident - must show driver's license, car registration, etc. Marion has the highest taxes, but the difference is not large. Taxes go up just about every year in this part of Florida lately, but not by an large amount. Best advise was to call the three tax collector offices and ask them - but....!!! Also call the villages and ask about the various special assessments. This is not "the bond". This is extra we pay for things like having EMT services here, and I think also for our roads or something like that. By talking to the three tax offices and The Villages head office you can get a good idea of your taxes here. I"m in Marion, my home was 230K and I pay $300 a month. I am not sure how much it goes down when you buy a cheaper house - maybe not a lot. I do know you you can get what appear to be decent, small homes in your price range. Your neighbors will be close, you will have two bedrooms, but the homes are a decent place to live and the neighbors are generally nice (and in rare cases they are not, they will at least be quiet, I think).

:what:

It's SUMTER county, not Sumpter. Property tax is lower in SUMTER.

Thanks Pat, helpful post.

Other Alternatives That Are Less Expensive
 

There are other options in the area. We live in The Plantation (just south of Leesburg on 27) which is about a 15 minute drive to Brownwood. Our house is about 1400 square feet site built home with all laminate and tile floor coverings, paver driveway, 2 stall garage on a private large lot. I estimate the worth at $165,000. A truly gated community of 2800 homes with 3 active community centers, 3 pools, one is Olympic size, and pickle ball courts, tennis courts, golf course and many other activities. I would guess this same home in the villages would be $220,000 or so. The hoa is $95 a month, my electric about $70 a month, water and sewer about $70 a month. My total to live here about $400 a month including taxes, insurance, utilities and hoa. Just writing this to let you know there are other very nice alternatives to the Villages that are more affordable. Also you can drive to the Villages and enjoy the entertainment for free and also the shopping.

Regarding the "$500 a year", I am not exactly sure what you are referring to. Perhaps it is the annual maintenance fee for the common areas?

My property taxes have actually dropped every year for the past 3 years.

In Sumter, there is a $124/year fee for the fire department which is billed with your property taxes.

:bigbow:
so true......we are in the process of closing the sale of our Village rental home and settling back in to The Plantation.... full time.

there are 40 homes for sale here .... and to my knowledge of owning here for the past 11 years,we have never had a sinkhole......plus the gate guards are top notch.....

Also, the villages is coming closer to us....hopefully with new commercial ventures and resturants....

Ohiobuckeye
 

Maybe I don't understand what you mean by there's no home here in their price range. Depending what you call a home! There's lots of homes on the old side in their price range. In fact there's a couple of homes over there that's brand new for $179,000. They're here & the salesmen could help you find them. But you're right they are going up in price.

Mr. Buckeye.

I didn't say there were NO homes in the range the OP was looking for. I said there were 21 homes listed between 150K and 175K on The Villages site.