Manufactured homes in the historic district

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  #16  
Old 10-11-2020, 02:29 PM
EdFNJ EdFNJ is offline
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As of 1 1/2 years ago (not sure if you still can now) you could still have a NEW manufactured home put onto an EXISTING property you own there. A friend of ours did that. Watched them roll in, actually BACK in, 2 units to make a double wide. Meets all current hurricane and other state/county standards of course. Her mother had passed away and they removed her mother's old mold-filled long unoccupied DW and replaced it with a new one. Of course The Villages didn't make it "easy" but it did get done.
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  #17  
Old 10-11-2020, 04:52 PM
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I heard they are buying homes and putting in High-rise apartments........every where. The world is ending.



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Old 10-11-2020, 07:37 PM
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Originally Posted by dewilson58 View Post
I heard they are buying homes and putting in High-rise apartments........every where. The world is ending.



Nope tiny homes are going in, but if you stack them, you could have tiny apartments...still need a sarcasm sign
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Old 10-11-2020, 07:41 PM
OrangeBlossomBaby OrangeBlossomBaby is offline
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Nope tiny homes are going in, but if you stack them, you could have tiny apartments...still need a sarcasm sign
I actually think a tiny home village within the Villages would be pretty awesome.
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Old 10-12-2020, 04:55 AM
Alaska Butch Alaska Butch is offline
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Im seeing historic side modular homes (doublewides) going for up to $150,000.
  #21  
Old 10-12-2020, 05:22 AM
vanjon vanjon is offline
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Smile Manufactured homes and replace them with site built homes

We bought the manufactured homes and using outside builder, Armstrongs who build the Stonecrest Community. Decent price with many choice, stuco or siding, 8ft or 10 ft ceiling.
Very pleasant to work with, change during the construction. We are very please with the Armstrong. We have not closing the house yet, but they allow us to do the epoxy floor in the garage (using any company we chose), paint the mural wall in hallway. Check their model homes in Stonecrest
  #22  
Old 10-12-2020, 06:29 AM
Girlcopper Girlcopper is offline
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Originally Posted by retiredguy123 View Post
I could be wrong, but I don't think anyone can build a new house in The Villages except the developer. Also, I think it would be foolish for anyone, including the children of deceased residents, to sell a house for less than market value. Some of the manufactured houses that are well maintained are worth a lot more than $90,000. I also think that the location in Lady Lake is more desirable than some of the new areas being developed.
Its not foolish to sell below market value by a family member. If they live out of state, dont want the house, dont ever want to live in TV, then the house is just a weight around their neck. So, dump it as soon as possible
  #23  
Old 10-12-2020, 07:42 AM
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Originally Posted by retiredguy123 View Post
I could be wrong, but I don't think anyone can build a new house in The Villages except the developer. Also, I think it would be foolish for anyone, including the children of deceased residents, to sell a house for less than market value. Some of the manufactured houses that are well maintained are worth a lot more than $90,000. I also think that the location in Lady Lake is more desirable than some of the new areas being developed.
Really?
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Old 10-12-2020, 07:59 AM
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Anyone can build not just the villages
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Old 10-12-2020, 08:14 AM
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Dr Winston O Boogie jr Dr Winston O Boogie jr is offline
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Originally Posted by retiredguy123 View Post
I could be wrong, but I don't think anyone can build a new house in The Villages except the developer. Also, I think it would be foolish for anyone, including the children of deceased residents, to sell a house for less than market value. Some of the manufactured houses that are well maintained are worth a lot more than $90,000. I also think that the location in Lady Lake is more desirable than some of the new areas being developed.
In Lake County or the Town of Lady Lake a person can use any builder to build whatever type of home that they want as long as they own the lot. This is different from most of The Villages that lies in Sumter and Marion counties.

Often times when a resident passes away the offspring live up north and coming down here, cleaning a house out and putting it up for sale is a huge hassle. It's often worth it to them to accept $10,000-$30,000 less than market value to be rid of a headache. If the house goes on the market and doesn't sell for a long time, they are paying taxes, insurance, amenity fees and upkeep every month that it doesn't sell. Most of these people are busy with work and family so to have The Villages come in and make an offer makes sense.

Most manufactured homes over here are worth more than $90,000. Some homes where the owner has passed away have fallen into disrepair. The landscaping hasn't been kept up. In some cases, the owners were hospitalized for a period before they passed so nothing had been done for a while.

It's a myth that all of the homes that were taken out were old single wides that had fallen into disrepair however. Some very nice double wides were removed as well. In fact many of the homes that were removed were donated to Habitat for Humanity and are currently occupied outside The Villages.

The Villages bought homes that people were willing to sell. They paid what they though the lot was worth. What's interesting is that when they first started doing this, they were paying above market value. I believe that they simply wanted to get the ball rolling. As more and more people decided the convert from a manufactured home to a site built the prices that they would pay would go down.
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Old 10-12-2020, 08:55 AM
KRM0614 KRM0614 is offline
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Originally Posted by Dr Winston O Boogie jr View Post
They were, but I don't think that that program is still going on. When manufactured homes come up for sale, The Villages might make a low ball offer. They usually buy from the children of the owners who are happy to take an offer and be rid of a headache.

When The Villages first began doing this about six years ago, I would see a manufactured home removed and a new home beginning to be built within a week or so. Now, when a home is removed, it seems that the lot sits empty for months. I can't say for sure but it seems that The Villages buys the home, removes it and waits until they have a buyer for a new home.
The process of buying these homes for the site tells you the enormous profit TV make on a home. If the average home not Villa is 300,000
then the cost to build it is around 120-150 or less plus a profit on reselling other homes to third parties
  #27  
Old 10-12-2020, 09:32 AM
charlieo1126@gmail.com charlieo1126@gmail.com is offline
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With so many people in TV hating socialism, why so much complaining about the family making to much money ????
  #28  
Old 10-12-2020, 10:02 AM
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Originally Posted by LiverpoolWalrus View Post
Does anyone know if TV still has the program where they buy out manufactured homes and replace them with site built homes?
Unfortunately they dont. We were almost ready to do ours when we were told that are putting all their resources to building down south. Shame. We havent looked elsewhere yet....
  #29  
Old 10-12-2020, 10:52 AM
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Originally Posted by Girlcopper View Post
Its not foolish to sell below market value by a family member. If they live out of state, dont want the house, dont ever want to live in TV, then the house is just a weight around their neck. So, dump it as soon as possible
I would at least have a real estate agent do a market analysis and let them try to sell it for what they think it is worth. That doesn't cost you anything.
  #30  
Old 10-12-2020, 10:59 AM
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Quote:
Originally Posted by Alaska Butch View Post
Im seeing historic side modular homes (doublewides) going for up to $150,000.
They're going for over $190,000 in some cases! And not even on a golf course or water. 804 Saint Andrews Blvd, The Villages, FL 32159 - realtor.com(R)
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Last edited by LiverpoolWalrus; 10-12-2020 at 11:07 AM.
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homes, manufactured, site, replace, buy

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