The Lofts at Brownwood

» Site Navigation
Home Page The Villages Maps The Villages Activities The Villages Clubs The Villages Book Healthcare Rentals Real Estate Section Classified Section The Villages Directory Home Improvement Site Guidelines Advertising Info Register Now Video Tutorials Frequently Asked Questions
» Newsletter Signup
» Premium Tower
» Advertisements
» Trending News
» Tower Sponsors




















» Premium Sponsors
» Banner Sponsors
» Advertisements
Reply
Thread Tools
  #1  
Old 12-14-2019, 06:43 AM
Original Topic
retiredguy123 retiredguy123 is offline
Sage
Join Date: Feb 2016
Posts: 3,242
Thanks: 65
Thanked 542 Times in 282 Posts
Default The Lofts at Brownwood

Here is a link where you can view the floor plans for The Lofts apartments.

The Lofts at Brownwood | The Villages
  #2  
Old 12-14-2019, 07:31 AM
thelegges thelegges is offline
Veteran member
Join Date: May 2010
Location: Drayton Plains, MI, Vietnam, Waterford, MI, Pennacamp, Fernandina /One Retired in Duval
Posts: 929
Thanks: 0
Thanked 35 Times in 13 Posts
Default

Got the email last night. Waiting for response of cost on yearly lease. The 3 bedrooms are a surprise. Wonder how many will be allowed to have resident passes.
  #3  
Old 12-14-2019, 08:17 AM
Marathon Man Marathon Man is offline
Gold member
Join Date: Feb 2015
Posts: 1,059
Thanks: 1
Thanked 308 Times in 150 Posts
Default

Quote:
Originally Posted by thelegges View Post
Got the email last night. Waiting for response of cost on yearly lease. The 3 bedrooms are a surprise. Wonder how many will be allowed to have resident passes.
Same as a three bedroom house, maybe.
  #4  
Old 12-14-2019, 08:40 AM
thelegges thelegges is offline
Veteran member
Join Date: May 2010
Location: Drayton Plains, MI, Vietnam, Waterford, MI, Pennacamp, Fernandina /One Retired in Duval
Posts: 929
Thanks: 0
Thanked 35 Times in 13 Posts
Default

Quote:
Originally Posted by Marathon Man View Post
Same as a three bedroom house, maybe.
When four people purchase a home you are given 4 resident passes, if 6 purchase last two have guest passes. Thinking it will be the same for apartments
  #5  
Old 12-14-2019, 09:45 AM
John_W's Avatar
John_W John_W is offline
Sage
Join Date: Jan 2011
Location: Tamarind Grove
Posts: 4,568
Thanks: 150
Thanked 381 Times in 212 Posts
Default

This week they started putting the yellow lap siding on some of the buildings. They're starting to look more like real buildings.
  #6  
Old 02-06-2020, 09:20 PM
tghoul tghoul is offline
Senior Member
Join Date: Nov 2007
Posts: 222
Thanks: 0
Thanked 1 Time in 1 Post
Default Latest on The LOfts

First units available approximately June 1st.
>>> One yr lease.
>>> One bedroom starts at $1650
>>> 2 bedroom starts at $2145
>>> 3 bedroom starts at 3195
>>> Plus utilities and $162 amenities fee.
>>> Renewable after one year at prevailing rate.
  #7  
Old 02-06-2020, 11:27 PM
John_W's Avatar
John_W John_W is offline
Sage
Join Date: Jan 2011
Location: Tamarind Grove
Posts: 4,568
Thanks: 150
Thanked 381 Times in 212 Posts
Default

Petoskey 1
Approx. Square Footage 783
Bedrooms 1
Bathrooms 1
Laundry In-Suite Washer & Dryer
Patio / Balcony Yes
Furnished Optional

The Villages Florida

The Villages Florida

Leland 1
Approx. Square Footage 1017
Bedrooms 2
Bathrooms 2
Laundry In-Suite Washer & Dryer
Patio / Balcony Yes
Furnished Optional

The Villages Florida

Last edited by John_W; 02-06-2020 at 11:34 PM.
  #8  
Old 02-07-2020, 06:33 AM
retiredguy123 retiredguy123 is offline
Sage
Join Date: Feb 2016
Posts: 3,242
Thanks: 65
Thanked 542 Times in 282 Posts
Default

Quote:
Originally Posted by tghoul View Post
First units available approximately June 1st.
>>> One yr lease.
>>> One bedroom starts at $1650
>>> 2 bedroom starts at $2145
>>> 3 bedroom starts at 3195
>>> Plus utilities and $162 amenities fee.
>>> Renewable after one year at prevailing rate.
Wow! It looks like moving from a paid for CYV to a 2 Bedroom apartment would triple your monthy living costs.
  #9  
Old 02-07-2020, 07:15 AM
Toymeister's Avatar
Toymeister Toymeister is offline
Veteran member
Join Date: Sep 2016
Posts: 658
Thanks: 1
Thanked 98 Times in 63 Posts
Default

Quote:
Originally Posted by retiredguy123 View Post
Wow! It looks like moving from a paid for CYV to a 2 Bedroom apartment would triple your monthy living costs.
Only if you do not understand opportunity cost.

In other words what would the dollars from a "paid for CYV" he doing it you did not have said CYV? It would be earning returns.
  #10  
Old 02-07-2020, 07:31 AM
retiredguy123 retiredguy123 is offline
Sage
Join Date: Feb 2016
Posts: 3,242
Thanks: 65
Thanked 542 Times in 282 Posts
Default

Quote:
Originally Posted by Toymeister View Post
Only if you do not understand opportunity cost.

In other words what would the dollars from a "paid for CYV" he doing it you did not have said CYV? It would be earning returns.
Yes, but only if you can earn a return that is higher than the real estate appreciation, which has been pretty good lately in The Villages.
  #11  
Old 02-07-2020, 07:33 AM
Aces4 Aces4 is offline
Senior Member
Join Date: Dec 2015
Posts: 226
Thanks: 98
Thanked 123 Times in 56 Posts
Default

Quote:
Originally Posted by Toymeister View Post
Only if you do not understand opportunity cost.

In other words what would the dollars from a "paid for CYV" he doing it you did not have said CYV? It would be earning returns.
Those CYV dollars wouldn’t be earning that kind of money per month even with costs of owning the CYV amortized in with the figures. If those returns were from stocks, one would also have their cash on the table and could lose it all or most of it anytime. Just mulling over the total picture here.
  #12  
Old 02-07-2020, 08:59 AM
charmed59 charmed59 is offline
Senior Member
Join Date: Jun 2015
Posts: 373
Thanks: 4
Thanked 27 Times in 20 Posts
Default

I must be missing something here. The prices shown say “plus utilities and $162 amenity fee”. So if the utilities are the same as at this hypothetical 2bdrm courtyard villa, wouldn’t the only other thing you pay for on the courtyard villa is taxes (which are written off) and yard maintenance?

I would hope the cost of rent would be more than the cost of yard maintenance.

For real comparisons you’d need to throw a mortgage in there.
  #13  
Old 02-07-2020, 10:03 AM
retiredguy123 retiredguy123 is offline
Sage
Join Date: Feb 2016
Posts: 3,242
Thanks: 65
Thanked 542 Times in 282 Posts
Default

Quote:
Originally Posted by charmed59 View Post
I must be missing something here. The prices shown say “plus utilities and $162 amenity fee”. So if the utilities are the same as at this hypothetical 2bdrm courtyard villa, wouldn’t the only other thing you pay for on the courtyard villa is taxes (which are written off) and yard maintenance?

I would hope the cost of rent would be more than the cost of yard maintenance.

For real comparisons you’d need to throw a mortgage in there.
I don't think you're missing anything. Even if you factor in a mortgage, your living cost could go up by about 2 to 3 times, depending on the value of your CYV, and your mortgage rate.
  #14  
Old 02-07-2020, 02:43 PM
asianthree's Avatar
asianthree asianthree is offline
Sage
Join Date: May 2011
Location: Pennacamp, Fernandinia Frog and a Snowflake
Posts: 6,430
Thanks: 10
Thanked 153 Times in 90 Posts
Default

Compared cost of our home, with everything but mortgage, our monthly expense of our 3 bed house is less, than what the lofts would be
__________________
Do not worry about things you can not change

Last edited by asianthree; 02-08-2020 at 03:25 PM.
  #15  
Old 02-07-2020, 05:36 PM
Laker14 Laker14 is offline
Senior Member
Join Date: Dec 2008
Posts: 251
Thanks: 0
Thanked 30 Times in 12 Posts
Default

another factor to consider regarding cost analysis. If you haven't bought yet, and are considering the "rent vs. buy" comparison, if your money is tied up in IRA type accounts, whereby, in order to come up with down payments, furniture etc you have to increase your withdrawals from such accounts, one must consider the tax hit one takes. They are pretty substantial when you are talking 200K, or more, for a purchase. And one incurs a significant degree of loss of liquidity with ownership.
From the developer's standpoint, the question is not whether it's the right move for you, but whether there is a suitable market "out there" for the number of units being built.
I don't think these units will languish unoccupied. The developers know their stuff, and they will do well here.
Reply

Tags
lofts, apartments, plans, floor, view

Thread Tools

You are viewing a new design of the TOTV site. Click here to revert to the old version.

All times are GMT -5. The time now is 06:27 AM.