Talk of The Villages Florida

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-   -   Premium lots (https://www.talkofthevillages.com/forums/villages-florida-general-discussion-73/premium-lots-296073/)

manaboutown 08-01-2019 10:52 PM

TV is the only area of which I have ever heard where backing onto a thoroughfare is considered a premium lot. I imagine privacy, relatively speaking, is what is at a premium as most of the homes in TV are jammed together on small lots.

Midnight Cowgirl 08-01-2019 11:33 PM

Quote:

Originally Posted by manaboutown (Post 1669346)
TV is the only area of which I have ever heard where backing onto a thoroughfare is considered a premium lot. I imagine privacy, relatively speaking, is what is at a premium as most of the homes in TV are jammed together on small lots.


I agree with you. TV is the only place I've ever seen where backing up to a road is considered premium and sells for more money than an interior lot.

I have not seen any indication that these homes sell for more than any other interior properties when it comes to a resale.

graciegirl 08-02-2019 05:42 AM

Quote:

Originally Posted by Midnight Cowgirl (Post 1669350)
I agree with you. TV is the only place I've ever seen where backing up to a road is considered premium and sells for more money than an interior lot.

I have not seen any indication that these homes sell for more than any other interior properties when it comes to a resale.

They do continue to be considered more desirable. Value of property is market driven and highly geographic.

My granddaughter pays what to me is exorbitant rent on a dinky, Manhattan apartment that doesn't even have a washer or dryer in it.

Here in The Villages people seek other features than where owners come FROM. There is no difficulty selling homes here, new or used and if they are clean and priced fairly, most people make more by far than what they paid for them. And so the value goes up and so do the taxes.

That is how it is.

tophcfa 08-02-2019 08:23 AM

We bought a pre owned home with an overgrown preserve (swamp) in the back yard. We paid $15,000 more than the same home went for across the street with kissing lanai's in the back yard. We paid the premium for privacy, not necessarily the view, but the view (back yard faces west so beautiful sunsets) is very nice despite the preserve being overgrown. Also, both the views and sounds of the wildlife is another bonus. We have seen more types of birds than we could have imagined, bobcats, fox, rabbits, gators, and yes, snakes, among other unusual animals. We absolutely love our back yard oasis and would never trade it to live on a golf course (we both love to play golf) because of the lack of privacy as well as all the maintenance noise, much of which takes place very early in the morning.

Altavia 08-02-2019 09:31 AM

Quote:

Originally Posted by tophcfa (Post 1669407)
We bought a pre owned home with an overgrown preserve (swamp) in the back yard. We paid $15,000 more than the same home went for across the street with kissing lanai's in the back yard. We paid the premium for privacy, not necessarily the view, but the view (back yard faces west so beautiful sunsets) is very nice despite the preserve being overgrown. Also, both the views and sounds of the wildlife is another bonus. We have seen more types of birds than we could have imagined, bobcats, fox, rabbits, gators, and yes, snakes, among other unusual animals. We absolutely love our back yard oasis and would never trade it to live on a golf course (we both love to play golf) because of the lack of privacy as well as all the maintenance noise, much of which takes place very early in the morning.

Very nice, sounds like you made a good deal, we have similar preferences.

Altavia 08-02-2019 09:41 AM

Quote:

Originally Posted by manaboutown (Post 1669346)
TV is the only area of which I have ever heard where backing onto a thoroughfare is considered a premium lot. I imagine privacy, relatively speaking, is what is at a premium as most of the homes in TV are jammed together on small lots.

Upcharging to be next to a busy road seemed strange to me also.

How big a negative is having a cart path behind?

vintageogauge 08-02-2019 10:09 AM

Quote:

Originally Posted by Robbie0723 (Post 1669428)
Upcharging to be next to a busy road seemed strange to me also.

How big a negative is having a cart path behind?

If you like privacy and quiet you don't want a golf cart path and more importantly a tee box behind or beside your home. You'll be hearing gas golf cars all day long, mowers will be out in the mornings just about every day. We lived on a golf course for 13 years and would never do that again unless we were far from the playing area.

Carla B 08-02-2019 10:23 AM

Although I was unhappy about choosing a lot 11 years ago on a Championship course, it has been worth every penny. We never did hear the golfers, thanks to the double-pane glass doors and windows. The golf traffic seems to have diminished over the years and we don't hear the mowers in the a.m. any more (hearing has diminished, too). Whenever it rains there is no one playing anyway and we get to enjoy the view undisturbed. The golf path and one of the tee boxes are directly behind.

Midnight Cowgirl 08-02-2019 12:41 PM

This is How It REALLY Is!
 
Quote:

Originally Posted by graciegirl (Post 1669355)
They do continue to be considered more desirable. Value of property is market driven and highly geographic.

My granddaughter pays what to me is exorbitant rent on a dinky, Manhattan apartment that doesn't even have a washer or dryer in it.

Here in The Villages people seek other features than where owners come FROM. There is no difficulty selling homes here, new or used and if they are clean and priced fairly, most people make more by far than what they paid for them. And so the value goes up and so do the taxes.

That is how it is.


Sorry, but lots that back up to these main streets are NOT considered more desirable than other locations and in terms of resale do not sell more quickly.
Also, houses that back up to a busy street do not sell for more than those which are located elsewhere and do not even sell for the additional premium a first-time buyer originally paid, if that.

There is no prior comment that said homes do not sell fairly easily here. And "highly geographic." Huh?

Just as a point of information, most apartments in Manhattan do NOT have washers and dryers in the unit.
You have to go down the hall or down to a basement to do your wash.
THAT is typical of living in the City and has nothing to do with a home here that backs up to a street.

billethkid 08-02-2019 05:28 PM

Maybe it is all terminology.
Maybe it isn't the lots that back to a street (of any kind) being desirable.

But more they are the better choice between having a lanai 10 feet away from your lanai.....and all the other sounds of life going on (some not so good sounds.....smokers....partyers...hackers....etc)
Literally the size of a room away!!!!!!!!!!
The street lots begin to look......desirable!!!!!:icon_wink:

valuemkt 08-02-2019 08:31 PM

I'll take backing up to a street anytime. Recently looked at a very expensive premier with a birdcage / kissing lanai setup .. The only thing that broke up the potential back door neighbors loud voice was the constant barking of their yippy dog. Needless to say, that was a deal breaker right off the bat

Altavia 08-03-2019 07:18 AM

Thanks to all for your comments relative to my question.

I had a last minute chance to change lots for my build but you helped me verify my current choice was the better compromise for me of those available.

I appreciate the guidance and look forward to joining the community before the end of the year!

coconutmama 08-03-2019 09:13 AM

Quote:

Originally Posted by valuemkt (Post 1669586)
I'll take backing up to a street anytime. Recently looked at a very expensive premier with a birdcage / kissing lanai setup .. The only thing that broke up the potential back door neighbors loud voice was the constant barking of their yippy dog. Needless to say, that was a deal breaker right off the bat

Our 1st home backed to a villa wall. Which was OK but we found it boring after awhile. We built our current home on a lot which backs to Morse Blvd. Love it. A board fence & 5' Podocarpis give us enough privacy, along with the plantings we put on our side of the fence. We very much enjoy the sounds & view of life passing by. We do have tinted glass sliders on our lanai & roll down shades, which we use for total privacy at night. Since it is a cul-de-sac lot we cannot even see our next door neighbors. Just another option. We had it appraised by a realtor. Had gone up about $70,000 in value in 2 years, not counting upgrades. Is a designer home.

Midnight Cowgirl 08-03-2019 01:54 PM

Everyone should be happy with the site location they have chosen for their home. At a personal level, I cannot imagine being happy with a lot that backs up to a busy /main street.

The smell and noise of gas golf carts, commercial vehicles, people walking by talking, horns honking, dogs barking, tires screeching, noisy diesel trucks, lack of any privacy . . . the list goes on. And to add insult to injury, having to pay a premium for the lot itself . . . . . No siree!

Madelaine Amee 08-03-2019 02:25 PM

[QUOTE=Midnight Cowgirl;1669747]Everyone should be happy with the site location they have chosen for their home. At a personal level, I cannot imagine being happy with a lot that backs up to a busy /main street.

The smell and noise of gas golf carts, commercial vehicles, people walking by talking, horns honking, dogs barking, tires screeching, noisy diesel trucks, lack of any privacy . . . the list goes on. And to add insult to injury, having to pay a premium for the lot itself . . . . . No siree![/QUOTE]

You are being overly dramatic. You would be in TV, not in the middle of Times Square or Manhattan.


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