[asianthree]

Originally Posted by Marathon Man

How many times are you going to ask this???? Let me give you the same answer that you have gotten before. It is because owners are selling for big profits after one or two years and buying in the next new villages as they are built. I know several people who have done just that, and plan to do it at least one more time. One friend is on his 8th house. Four of them south of 44.

You forget many don’t read threads, just post I don’t understand why one can’t just read the posts, but that may be expecting too much

[Dmrocano]

Originally Posted by margaretmattson

Lets play a game of logic. People retiring now are in their sixties, some younger. When preowned homes are sold who do you think bought them? Eighty years olds who wish to own 5 or more homes in the Villages?

Your logic is way off. Every day, there are YOUNG retirees who choose to buy in the Northern section. Your CHOICE to live in the South is no better than theirs. People appreciate and want different things. But, the fact remains. People newly retiring to the Villages are from the SAME AGE GROUP. You are no more AIve and Kicking than they.

I am in my 50’s and live near LS. These “zombies” have tons of energy and kick my butt on the PB court.

[frayedends]

Originally Posted by MrChip72

My comment was regarding a comment about an additional turnpike bridge being added that someone seemed to think was very likely.

470 goes over the turnpike so that’s why it is very likely. They are expanding that bridge anyhow. Wingnut just said this on his video 2 days ago. It will be years before it happens, if it happens.

[frayedends]

Originally Posted by margaretmattson

But, how far in the future can you wait? Many of us are "been there, done that." Believe us when we tell you, 100% open for business takes MUCH LONGER than you think. Sure, you will have many amenities. ALL will be crowded.

Until Eastport opens, enjoy your no traffic. Once the square opens, everyone will want to experience it. Villagers, outsiders, travellers, families from Middleton, sport enthusiasts, you name it! As you know, the squares are PUBLIC.

Those of us who have been here awile, will watch the congestion from afar. Spanish Springs and LSL is where you will find me. Those are the places where there will be NO TRAFFIC.

I was in LSL for lunch yesterday and it was packed with lots of traffic.

[frayedends]

Originally Posted by margaretmattson

You have been given advice by many posters. Do not buy in Denham and Dabney because it is isolated and will remain that way. Lake County has the hghest taxes in the Villages. The sales in that area are moving at a snail's pace. The developer is having a heck of a time unloading those homes.

If you are placed in a NEED TO SELL position, you may have a difficult time. At our age, expect the unexpected. Most of us are not willing to place ourselves in a difficult position. Especially when there are much better buys throughout the Villages.

As it stands today, homeowners who paid full price in the Dabney area are already in a precarious position. Neighbors are moving in at discounted prices. Some savings as high as $30-50K. Homeowners who paid full price are experiencing depreciation. How bad will it get? Looks like the Developer is willing to slash prices until ALL are sold.

LOL. I already bought. Anyhow this is all silly advice. I still haven’t seen any evidence that we are isolated apart from less golf. I’ve mentioned all the things we have but that keeps getting ignored. My generation doesn’t care about shopping. Brownwood shops are bore city unless I need a sea turtle painting. We have everything we could want only minutes away.

Look at the map of Dabney and Denham now. Houses are going under agreement quickly for January. Northerners don’t sell in winter. I’m betting spring market will see a big increase. One house in my neighborhood in Denham is under agreement for 200K more than it sold for a year ago. Preserve sites here are not a bad investment. They are all sold already.

Apart from that I bought for the lifestyle and retirement. It’s not an investment property for me, so any advice based on future value has little affect on my decision.

[Justputt]

Originally Posted by Craig Vernon

With the drop in prices for the new areas I was willing to give them all a look while visiting 2-12 thru 2-18. These areas are really far removed from the primary areas and amenities. Lake Denham doesn't even have a pool outside of Franklin Rec center. Dabney does have a neighborhood rec center thankfully because wow it is isolated. I know Eastport is coming however Denham and Dabney still a good distance away. Moultrie Creek is in the shadow of the high school and when developed its relationship to Eastport will make it a new center for development to the south for years to come. Moultrie Creek home prices are up 30 to 40k above Denham and Dabney with bonds 40 to 60k higher with the top end up near 80k. A lot to think about.

I live in Dabney, and you are correct in some respects. The distance by CART to Eastport is a pain, since you have to go North to Sawgrass to cross the TP. However, by car it's only about 4 miles and a very fast run from Dabney over 470. Sawgrass is an easy run, but not much there, IMO. On the bright side, Dabney is only a few miles by CAR to Winn-Dixie, Publix, Wendy's, McD, etc along 27, which also makes a run to Walmart, etc. easy enough. I do wish getting over the TP by cart was easier, but access to anything by cart is really just a TV thing, lol. Bond prices near Eastport are higher, don't like being that close to the prison (lights/safety/etc), and if Eastport ends up being a major hub of activity, that's going to mean traffic, noise, probably a lot of rentals rather than steady neighbors, and all the ball fields, lake, etc activities, probably year around congestion. In Dabney, I can drive over in minutes for anything that interests me and drive back to peace and quiet just as quickly.

[frayedends]

^^^^^

Some really good points. According to others we are too isolated in Lake Denham/Dabney but also shouldn’t want Eastport because it will be busy and loud. So weird and the post above is correct. We have peace and quiet but are so close to the action of we want it.

[Pat2015]

Fact is that wherever you land in The Villages is where you make your friends and get involved in activities which is not far or isolated from anything. Enjoy your new home and the beautiful nature in the southern area. When people say that’s way too far, the response should always be too far from what as everything you do is right there 😊

[Cliff Fr]

The home insurance market is another factor to consider. Especially when buying pre-owned

[Pat2015]

Originally Posted by bowlingal

many, many, many newer homes in the southern area are for sale already. You have got to ask yourself WHY? Just pickup the Daily Sun any day and see for yourself how many are selling

I sold at the two year mark as I made twice what I paid. Pretty good investment! Guess you didn’t know or consider that’s the case south of 44?

[DrMack]

We built in Dabney, but I can tell you it really isn’t the Northern or Southern Villages experience. The plus is I think we found a long term renter! If we were to do this again, maybe we would just buy near a town square or build in Eastport? We like the Villages, perhaps we should be renters instead of landlords though and enjoy when the weather is optimal. If you enjoy peace and solitude without anything else including amenities, Dabney is for you.

[Birdrm]

Originally Posted by onfire

You can see bond amounts and amortization schedules on the districtgov website.

e.g. Lake Denham - Unit 69V; bond $40,525 @ 5.47% interest. Payment is ~$2,918 per year for total payment of $88,685 over 30 years.

You can also look up houses on the CAD sites to see their taxes, almost all newer homes have city taxes (Wildwood or Leesburg). Keep in mind the taxes will likely increase significantly on pre-owned homes as the assessed value will increase after purchase (you lose the cap that the previous owners enjoyed).

That is not really true, I have lived in the Villages southern area for 2 years and I do pay Wildwood city tax but the actual tax assessment didn't change and the actual tax rate went down slightly this year.

[frayedends]

Originally Posted by DrMack

We built in Dabney, but I can tell you it really isn’t the Northern or Southern Villages experience. The plus is I think we found a long term renter! If we were to do this again, maybe we would just buy near a town square or build in Eastport? We like the Villages, perhaps we should be renters instead of landlords though and enjoy when the weather is optimal. If you enjoy peace and solitude without anything else including amenities, Dabney is for you.

Since you own in Dabney, what amenities specifically are missing?

Updated the question to clarify for some that didn’t understand my question.

[Normal]

Originally Posted by Birdrm

That is not really true, I have lived in the Villages southern area for 2 years and I do pay Wildwood city tax but the actual tax assessment didn't change and the actual tax rate went down slightly this year.

Taxes of Wildwood are stupid high and should be eliminated? Wildwood does nothing for them. We hope to see court action on the whole issue soon. The Villages should be its own incorporation. Dissolution should be moved on.

[Randall55]

Originally Posted by frayedends

I was in LSL for lunch yesterday and it was packed with lots of traffic.

The post was referring to AFTER Eastport opens.Everyone will flock to Eastport to enjoy something new. During this time, the older squares will be less crowded.