Are there deed restrictions? Do the rebuilds go through Architectural Review?

I saw the house in question a couple of weeks ago when we went to a meeting at Paradise. I thought "What the heck is that?"

I am a real estate appraiser in my current life and eremite06 is spot on. This home is over-built for the neighborhood and its value will be diminshed, in the short term, by the surrounding properties.

However...there's always a however...the natural life-cycle of neighborhoods is on-going in this situation. The razing of existing older structures that are not up to current market standards, and the buidling of new dwellings to market standard happens everywhere there is an active market.

As it becomes less expensive to buy an older home just for the land and to build a new home on that land than to buy in a new home the newer sections of TV, more and more you will see the neighborhood change from primarily older homes with a sprinkling of newer homes, to primarily newer homes with a sprinkling of older homes.

Change is the one constant in life. Everything is dynamic...even neighborhoods. And the more active the market, the more profound and rapid the change.

I expect there are deed restrictions and possibly Architectural Review. I also think the builder has complied with all that is needed before starting a project of this magnitude.

Gee, wouldn't it be wonderful if they were building on that site another health club with an indoor pool!!!??? Dream on McDuff, huh? :) :clap2: :ohdear:

The house is on Paradise. I have talked to the owners and it is a long term project.

:welcome:Hi there Emerson and welcome to the forum. Hope you enjoy adding to our discussions and reading our thoughts.

I have to ask what you mean by a "long term project"?' Do you mean that it is going to take a long time to finish, or they are having work done slowly as they can pay, or when it is finished it is going to be quite the showplace?

Drove by there yesterday and it looked like the homeowners were doing a lot of the work themselves.

I've always thought buying on the historical side while a snowbird or snowflake is a good idea. You can get a cheap place to stay until you're ready to retire. Once you're in TV permanently, you can either sell your nice, large lot or tear down the manufactured home and build pretty much to your own taste if you so desire. (The deed restrictions are much lesss restrictive on the historic side.)

While this home is over-built for now, I think it will ultimately fit right in. I did drive by another house near Aloha Way (can't remember exactly where, sorry) a few months ago that was being built. It looked very much like the designers/ranches south of 466 -- stucco and all.

When we were on the historic side they were tearing down another manufactured home and there was a couple of empty lots. I wonder if more constructed homes are going up on those lots.

Staying put
 

We bought a year ago on the "historical side" and are happy we did. We have a nice home that we frequent every 2 months or so and are very comfortable there. We have no desire to live on the other side of 441 as we have all our conveniences here and a new golf cart if we feel we need to drive to the other side.
Life is good no matter where we are at any given time. :wine:

And we are retired. My husband retired from the military in 2003, we are debt free and the sky is the limit.

amenity fee
 

If you use 2 lots to build a home, do you pay double the amenity fee ?

That is a very good question, but I wonder if the deed restrictions would allow you to build that way.:thumbup: Anybody know?

AND I would think there are some guidelines as to who and how you build, or because of the difference in restrictions there, is it ANYTHING goes?

Someone is going to say that they would think that the developer would have to build the house, (so he can make more money) so I will say it.:(

Right on!!

Sorry, sweetie, but I don't think anyone thinks that (at least I hope not). So far as I know, if a home falls within the deed restrictions, is approved by the Architectural Committee and gets the proper permits, anyone can build it. There are legal restrictions and, so far as I know, people have the right to hire whomever they wish to do a legal job, even in construction.