Talk of The Villages Florida

Talk of The Villages Florida (https://www.talkofthevillages.com/forums/)
-   The Villages, Florida, General Discussion (https://www.talkofthevillages.com/forums/villages-florida-general-discussion-73/)
-   -   The Prices Of Homes Are C R A Z Y ! (https://www.talkofthevillages.com/forums/villages-florida-general-discussion-73/prices-homes-c-r-z-y-320788/)

Lottoguy 06-21-2021 08:32 AM

I suggest you look north of 466, which seems to have the better prices.

Penglobal 06-21-2021 08:42 AM

I thank you all for your input and after reading all your opinions and based on information from my real estate agent, attorney and primarily my gut feeling, I have decided to rent a new home for a year here in The Villages where the owners never moved-in.

BTW - I have closed on all my properties here in the Lancaster area and I hope to see all you guys soon! Thanks


Glad inflation is under control !

JMintzer 06-21-2021 08:58 AM

Quote:

Originally Posted by Lottoguy (Post 1962907)
I suggest you look north of 466, which seems to have the better prices.

True... But the houses are significantly older and may need to be updated (if they aren't your particular taste...) That needs to be factored into the price...

graciegirl 06-21-2021 09:00 AM

Quote:

Originally Posted by Lottoguy (Post 1962907)
I suggest you look north of 466, which seems to have the better prices.

I disagree. I think it is wiser to buy new. New everything. Not more expensive either.

JMintzer 06-21-2021 09:07 AM

Quote:

Originally Posted by graciegirl (Post 1962923)
I disagree. I think it is wiser to buy new. New everything. Not more expensive either.

New is most certainly more expensive...

A 1900 sq ft 3 BR 2 BA "up North" go for $350-400K all day long...

New? Try finding one under $450K...

Keninches 06-21-2021 09:08 AM

Not always. Our home is a designer stucco, 20 years old great condition. The bond back then was $3,200. That was a steal in 2003.

Keninches 06-21-2021 09:09 AM

Quote:

Originally Posted by Penglobal (Post 1962913)
I thank you all for your input and after reading all your opinions and based on information from my real estate agent, attorney and primarily my gut feeling, I have decided to rent a new home for a year here in The Villages where the owners never moved-in.

BTW - I have closed on all my properties here in the Lancaster area and I hope to see all you guys soon! Thanks


Glad inflation is under control !

Good luck. Look around for awhile.

Pat2015 06-21-2021 09:19 AM

Quote:

Originally Posted by JMintzer (Post 1962921)
True... But the houses are significantly older and may need to be updated (if they aren't your particular taste...) That needs to be factored into the price...

That’s the same thing I was thinking. When you go north of 466 you are looking at older homes that will require updates, appliances, and a new roof which has been problematic with trying to get homeowners insurance. If you want new you have to go south of 44 where the prices, bonds, and taxes are higher. Personal preference which is different for everyone.

yanksansky 06-21-2021 09:22 AM

Agreed

KAM+6 06-21-2021 09:25 AM

Quote:

Originally Posted by Penglobal (Post 1962913)
I thank you all for your input and after reading all your opinions and based on information from my real estate agent, attorney and primarily my gut feeling, I have decided to rent a new home for a year here in The Villages where the owners never moved-in.

BTW - I have closed on all my properties here in the Lancaster area and I hope to see all you guys soon! Thanks


Glad inflation is under control !

You can't have it both ways. You are selling high therefore you will be buying high. Also, the house in Fenny you saw 3 years ago would most likely have upgrades and 5% selling commission.

Spalumbos62 06-21-2021 09:45 AM

Quote:

Originally Posted by Michread (Post 1962603)
Susan,

To our surprise we bought a new home, because it was cheaper than an older home. We got lucky and bought in October 2020 when inventory was high because everyone was afraid. That was the time to buy, you missed it.

None of us are going to live forever, so buy now before prices continue to go up. Just buy, a smaller home that is in your budget.

Best of luck!



I agree, buy now. Not that we all can't see your dilemma, we do. The good thing about TV is that at the very least you will break even, but surely the odds are you will increase in value. I especially agree with what someone said about the generation of 63 yr olds wanting to buy...I know, I'm one of them. We bought 2.5yrs ago, easily up 25-30k today. Best of luck

Penglobal 06-21-2021 09:46 AM

Quote:

Originally Posted by KAM+6 (Post 1962950)
You can't have it both ways. You are selling high therefore you will be buying high. Also, the house in Fenny you saw 3 years ago would most likely have upgrades and 5% selling commission.

Hello - I totally agree but I am 100% confident that when Fenny was breaking ground, a house I saw went for about $305K and it recently resold for 391K. In just three years. The exact same house with NO extra's done by the old owner. The online interior pics were identical. But then, three years ago, I had a healthy husband and things were different for everyone. Now I'm a widower trying to figure things out. I really miss my husband. Sorry

ldj1938 06-21-2021 09:46 AM

Get an outside realtor. Buy north of 466. We've lived in Santo Domingo for over 20 years. Nice neighborhoods. In our second home. Most homes have had many upgrades and updates. We have new roof, new paint, new appliances, etc. I've not noticed in huge price increases in the homes. Bonds paid years ago. Nice stable area. No dump trucks or cement mixers. Not much traffic. Check it out. The smart buyers Have the interior repainted or updated before they move in. Very smart move if you have time.

Blessed7 06-21-2021 09:52 AM

Alternative solution?
 
Hi Susan from Lancaster. Are you from Lancaster PA? Beautiful country up there. My wife and I are planning to sell a 3/2 designer home in Calumet Grove. It has not yet listed. We can offer a lower price around $319k if we avoid listing. Contact me if interested. Good luck!

Spalumbos62 06-21-2021 10:10 AM

Quote:

Originally Posted by graciegirl (Post 1962893)
The cost of the bond is figured into the cost of the home after it is fully paid. ALWAYS.



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