Move from TV to OTOW? Move from TV to OTOW? - Talk of The Villages Florida

Move from TV to OTOW?

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Old 09-11-2020, 07:29 AM
kmspla1952 kmspla1952 is offline
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Post Move from TV to OTOW?

I LOVE the Villages. Honestly I do. The convenience of everything. The variety offered. A lot of friendly people. HOWEVER. I've noticed a change in the 5 years we have lived here. I see that the priority is focused on "south of Brownwood". I also see that our home values will decrease as each "multi family/apartments" is built. Hacienda Hills & Katie Belle's have been identified as apartments. 468 new apartments including section 8 are being built behind the Haciendas of Mission Hills. TooJay's and Demshar's have closed in Spanish Springs and are they next to become apartments?
I consider a move to On Top of the World in Ocala. Husband said he would never move anywhere that you didn't own the land (leasehold). I have recently found out that there are 3 communities in OTOW (Candler Hills, Indigo East & Weybourne Landing) that is fee simple and you DO own the land.
I would like your thoughts please on why or why not you would consider OTOW? Thank you.
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Old 09-11-2020, 07:37 AM
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On the positive side:

The homes are more energy efficient than TV homes. I know that this will drive some members to defend TV construction. Without going into comparison you'll just have to take my word for it.
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Old 09-11-2020, 07:49 AM
Heartnsoul Heartnsoul is offline
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We are staying but we know some villagers who moved up there
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Old 09-11-2020, 07:53 AM
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Originally Posted by Toymeister View Post
On the positive side:

The homes are more energy efficient than TV homes. I know that this will drive some members to defend TV construction. Without going into comparison you'll just have to take my word for it.
should I take your word for it? Unfortunately there are many "opinion" posts here that are not based on fact, but word of mouth.
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Old 09-11-2020, 08:03 AM
under55 under55 is online now
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Default Margaritiville

Have been in The Villages over 13 years. Built 2 new homes here. But some things you just can't put a finger on just a feeling it's time for a change. Went last weekend to check out Latitudes Margaritiville Daytona Beach. Nice small development everything is new. There is now a range of preowned homes to buy so you don't have to wait to build. We purchased a preowned and moving next month. On to our next adventure. We also thought about OTW and Trilogy but the monthly fees seemed high. Our villa fees will be about 270 per month but that includes all outside landscaping upkeep and irrigation and any new exterior painting and roof replacement as needed. They will go up another $20 when the Beach Club opens up. But no Bond and no yearly maintenance fee.
Here is a great article on the place. Latitude Margaritaville Daytona Beach Retirement Guide
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Old 09-11-2020, 08:23 AM
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Have been in The Villages over 13 years. Built 2 new homes here. But some things you just can't put a finger on just a feeling it's time for a change. Went last weekend to check out Latitudes Margaritiville Daytona Beach. Nice small development everything is new. There is now a range of preowned homes to buy so you don't have to wait to build. We purchased a preowned and moving next month. On to our next adventure. We also thought about OTW and Trilogy but the monthly fees seemed high. Our villa fees will be about 270 per month but that includes all outside landscaping upkeep and irrigation and any new exterior painting and roof replacement as needed. They will go up another $20 when the Beach Club opens up. But no Bond and no yearly maintenance fee.
Here is a great article on the place. Latitude Margaritaville Daytona Beach Retirement Guide
It looks very nice. Wondering what it would be like during storms.
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Old 09-11-2020, 08:31 AM
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Originally Posted by kmspla1952 View Post
I LOVE the Villages. Honestly I do. The convenience of everything. The variety offered. A lot of friendly people. HOWEVER. I've noticed a change in the 5 years we have lived here. I see that the priority is focused on "south of Brownwood". I also see that our home values will decrease as each "multi family/apartments" is built. Hacienda Hills & Katie Belle's have been identified as apartments. 468 new apartments including section 8 are being built behind the Haciendas of Mission Hills.
Where did you see that Section 8 apartments will be included?
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Old 09-11-2020, 08:41 AM
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Quote:
Originally Posted by kmspla1952 View Post
I see that the priority is focused on "south of Brownwood".



468 new apartments including section 8 are being built behind the Haciendas of Mission Hills.



TooJay's and Demshar's have closed in Spanish Springs


.


The Developer develops. They are in the business to build and sell homes. The "priority" has continued South from the Historical Section for the last 30 years.


468 apartments out of 75,000 houses. The sky is not falling.


Closures???..............look at the rest of the country.......food industry is in sad shape.


The glass is not 1/2 empty, the glass is +90% full.


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Old 09-11-2020, 08:45 AM
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Originally Posted by under55 View Post
Have been in The Villages over 13 years. Built 2 new homes here. But some things you just can't put a finger on just a feeling it's time for a change. Went last weekend to check out Latitudes Margaritiville Daytona Beach. Nice small development everything is new. There is now a range of preowned homes to buy so you don't have to wait to build. We purchased a preowned and moving next month. On to our next adventure. We also thought about OTW and Trilogy but the monthly fees seemed high. Our villa fees will be about 270 per month but that includes all outside landscaping upkeep and irrigation and any new exterior painting and roof replacement as needed. They will go up another $20 when the Beach Club opens up. But no Bond and no yearly maintenance fee.
Here is a great article on the place. Latitude Margaritaville Daytona Beach Retirement Guide

Sounds like the path we recently set out on. Liked Latitudes but not the 6-8 month build time frame. Trilogy is nice but somewhat isolated. We had been to OTOW previously and liked it and the area but did not commit. However this time we saw a spec home in the closeout of a neighborhood and fell in love with it. So now will be moving there in two weeks.
Amenity fee is about $100 more per month and with basic internet included so when compared to TV the difference is not that much. Looking forward to a new adventure.
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Old 09-11-2020, 08:53 AM
kmspla1952 kmspla1952 is offline
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In the April 30th on-line News:

One bedroom units will run between $804 to $1,099 per month; two bedroom units will run between $956 and $1,169; three bedroom units will cost $1,097 to $1,369 per month; and four bedroom apartments will cost between $1,210 and $1,544.

The Lake Sumter Apartment Homes are “non age restricted with income limitations.”

Lake Sumter Living will be “age restricted where one person in the household is 62+. Income limitations.”

And a third entity under construction, Lake Sumter Reserve, will have, “No age or income limitations.”
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Old 09-11-2020, 09:05 AM
mamamia54 mamamia54 is offline
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Section 8? I doubt that. If true, everyone in the Villages should be concerned whether it’s in their backyard or not.
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Old 09-11-2020, 09:12 AM
HIgolfers HIgolfers is offline
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Quote:
Originally Posted by under55 View Post
Have been in The Villages over 13 years. Built 2 new homes here. But some things you just can't put a finger on just a feeling it's time for a change. Went last weekend to check out Latitudes Margaritiville Daytona Beach. Nice small development everything is new. There is now a range of preowned homes to buy so you don't have to wait to build. We purchased a preowned and moving next month. On to our next adventure. We also thought about OTW and Trilogy but the monthly fees seemed high. Our villa fees will be about 270 per month but that includes all outside landscaping upkeep and irrigation and any new exterior painting and roof replacement as needed. They will go up another $20 when the Beach Club opens up. But no Bond and no yearly maintenance fee.
Here is a great article on the place. Latitude Margaritaville Daytona Beach Retirement Guide
Latitude may be good for Beach lovers as that is a drawback of living in TV. But for golfers Latitude is a poor choice. Golf course (36 holes at LPGA Intl) is across the street but not golf cart accessible and when we asked last year were told no affiliation with Latitude so no discount or special membership. And obviously all the other activities in TV will be missing (softball, archery, WVB, exec golf) etc.
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Old 09-11-2020, 09:16 AM
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Whoa Whoa I didnt day it was better or anything like that just a change for us.
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Old 09-11-2020, 09:30 AM
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We took a look at Latitudes a little over a year ago just out of curiosity. Way smaller scale than TV and it will stay that way. It is a 'golf cart' community...but there are no courses within the community. A little surprised that their private beach area hasn't opened yet, that was all the talk when we visited. They planned on having a shuttle bus running between the beach and the community. Had homes actually been under construction when we were last moving we would have given it serious thought, as neither of us golf and my wife is a beach person. Now we're tired of all the hassle that goes with packing and moving.
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Old 09-11-2020, 09:36 AM
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Default Section 8 is utilized by seniors, families and veterans

Quote:
Originally Posted by mamamia54 View Post
Section 8? I doubt that. If true, everyone in the Villages should be concerned whether it’s in their backyard or not.
th de are mostly working people or retired who have a lower income then the area there in . It is of great help in lowering the cost that people have to pay for housing . It is a benefit for business because many of these people are spending a great deal of there money to keep a roof over there head freeing up money to spend , It benefits us because these are the people who do all the jobs that we take for granted. It’s nice to see that the people who do much of the work here will be able to live in a nicer place then what they were paying for substandard housing
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