Talk of The Villages Florida - Rentals, Entertainment & More
Talk of The Villages Florida - Rentals, Entertainment & More
#16
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Apartment complexes can be future condos. It was a pretty common event in the Chicago area. (as a subnote there has been a trend lately to reconvert them back to rentals).
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#17
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I wonder how long that would take to happen. Considering the average of TVers, maybe most might not live long enough to see these apartments convert to condos.
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It's harder to hate close up. |
#18
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IMHO, most people who would consider downsizing, are persons who lose a spouse--when this happens lots of times there is a severe income loss too--if your house is paid for, you will lose a significant cut in lifestyle if you become a renter in the lofts
I know woman who had to leave TV when her spouse passed and another woman who has to rent her house one month in order to live here--another aspect of high rise living, which we experienced was having to haul every thing up in an elevator & then haul it down a long hall way--In Cary our condo had a multi-level parking deck & we could park fairly close to our unit--in Palm Coast we had to take everything up 8 stories & walk down a 200' walk way-- a real pain |
#19
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We have friends who lived on Palmer sell their 4000sf home, and move to the assisted living. They do not need the assistance. No up keep, have amenities, just leisure. But they are paying over $4000 a month. Not sure of their SF, but they are looking at the Lofts for much less money.
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Do not worry about things you can not change |
#20
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Not bad, thought they would be higher than that
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"The secret of successful managing is to keep the five guys who hate you away from the four guys who haven't made up their minds." - Casey Stengel |
#21
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In addition to the basic rent, they estimate an additional $355 per month for the amenity fee, electric, water, sewer, trash, and basic cable TV.
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#22
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I think you don't get much for a lot of money.
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It is better to laugh than to cry. |
#23
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Here is an estimated comparison of a 1014 SF, 2 bedroom apartment to a 2 bedroom courtyard villa:
Rent, $2,145 x 12 = $25,740 The Lofts estimate for amenities, electric, water, sewer, trash, cable, $355.25 x 12 = $4,263 Total cost, $30,003 CYV costs for the same items: Tax bill, $3,800 Electric, $85 x 12 = $1,020 Water, sewer, trash, amenities, $225 x 12 = $2,700 Cable (same as The Lofts estimate), $60 x 12 = $720 Yard maintenance, $60 x 12 = $720 Total cost, $8,960 These costs do not include mortgage interest, investment costs, or appreciation for the CYV. |
#24
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Another aspect about apartment living--vermin--one unit gets roaches--everyone will have them sooner or later--and you haven'r lived till you had to make a trip to the communal trash compactor that's filled to overflowing-some condos/aparments have trash chutes--they work better than a common compactor site--gross
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#25
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Seems like a lot of money to live in a closet.
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"I am a great believer in luck, and I find that the harder I work, the more I have of it." -Thomas Jefferson |
#26
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Quote:
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"All that is necessary for the triumph of evil is that good men do nothing" Edmund Burke 1729-1797 |
#27
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The good news is that only those that want to live in the Lofts will live there.....and I doubt any of them will care what others think. It still amazes me how many on here can always find something negative yet, I assume, still stay here.
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No one believes the truth when the lie is more interesting Berks County Pennsylvania |
#28
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You still need insurance in an apartment, and possibly interior paint.
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#29
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I don't think comparing costs is being negative.
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Closed Thread |
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