[FloridaGuy66]

Originally Posted by badkarma318

Does anyone know DEFINITIVELY why The Villages didn't just build out all of Richmond at one time?

The second stage of Richmond was bought from another developer after the first stage of Richmond was completed. Further planning and approvals were required after that purchase.

[asianthree]

Originally Posted by FloridaGuy66

The second stage of Richmond was bought from another developer after the first stage of Richmond was completed. Further planning and approvals were required after that purchase.

Sumter county lists both Richmond sites to the developer on the same date.

[asianthree]

Originally Posted by badkarma318

I've been watching as the new homes in Richmond are released, partially because they're close to us, and just out of curiosity to see how fast they sell/what prices they are going for. This isn't like an investment firm swooping into a Patio Villa neighborhood and buying up a block of homes to either flip at the 366 day mark, or set up as rental properties, or both. This also isn't like the peak COVID craze. The high prices and large home sizes don't seem to lend themselves to quick flips, although maybe Richmond is still just that hot.

Does anyone know DEFINITIVELY why The Villages didn't just build out all of Richmond at one time?

Developer built and opened villages in the farther corners of TV, that took months to sell some houses. Before building in a prime sell out same day village of Richmond.
We knew both Richmond sites would be built, but not when. Many also thought the second Richmond would have lots released for custom build, not just spec homes.
Except for a few houses first Richmond village releases had up to 10-20 plus people for each home or lot. I know this because we tried for 15 lots before we were #1on a lot. Then we continued to try for 5 lots after which the closest number was 2,3,8,and so on.

So far homes in current Richmond have sold in first 5 minutes to 24 hours. Some are in the $400,000-$700,000 range. Best guess is the next release Warbler with the largest lot and pool will be in $800,000 range.

Yes there have been a few like us looking for investment properties in this Richmond.

[maistocars]

Not for me - spec homes, many with no backyard, traffic on both sides and trailer park behind. It appears Shady Brook, closest to Eastport, was the place to be yesterday - all view lots went up and sold immediately.

[Aces4]

Originally Posted by maistocars

Not for me - spec homes, many with no backyard, traffic on both sides and trailer park behind. It appears Shady Brook, closest to Eastport, was the place to be yesterday - all view lots went up and sold immediately.

And in a couple of years Richmond will be as memorable as the "Pony" dance that popular in the sixties. The next fabulous village is on the horizon already and many fabulous villages are sitting in the dust.

It really comes down to finding the house that is your right fit and not worrying about a status symbol.

[jasamy2]

Originally Posted by spk7951

Surprised to see, so far, at least one home in the new Richmond area is a Premier home. Listed for over $871k and pending by noon the day it was released.

Does anyone know how much the bond is for the new Richmond village?

[FloridaGuy66]

Originally Posted by asianthree

Sumter county lists both Richmond sites to the developer on the same date.

I may have my timeline mixed up but all or part of Richmond and St John's was originally owned by another developer. The development was originally named Cresswinds. Same developer that did Beaumont in Wildwood I believe.

[melpetezrinski]

Originally Posted by jasamy2

Does anyone know how much the bond is for the new Richmond village?

Approximately $45,000

[Shipping up to Boston]

Originally Posted by asianthree

If one lives south of 44, you will see multiple Kroger and Walmart delivery guys. Why waste time grocery when a really nice person rings your doorbell at the time you choose, with everything on your list. Younger residents don’t bother shopping when it can come to your door. Then again when was the last time you shopped brick&morter. It’s been over 10 years for us, after all what could you possibly need, that one doesn’t already have more than one. Seems the only people upset about lack of retail s of 44 is those who done live there.

Since the younger crowd need far less medical facilities, that once a year or two appointment isn’t a big deal. I hope it takes ten more years for more retail to move south with the traffic. Retail is why we left LSL area. Even our parents online only, so their age bracket online order is their go to

Yup...nothing says ‘active retirement community’ like sitting behind a monitor and having every aspect of your life ‘delivered to your doorstep’! Maybe those same Kroger and Walmart delivery guys can play pickle ball for us too!

[CosmicTrucker]

I've been watching The Villages App for these to populate but as of 9-26 they still haven't posted them there. Where are these new homes listed?

[rabranca@aol.com]

Originally Posted by Michael 61

The new homes in the final build out of Richmond are starting to list. Just as in 2022/2023, Richmond is extremely popular with new home buyers. So far, every new listing has gone ‘pending ” immediately. The demand for Richmond does not appear to have cooled at all, even with the changes in the market over the past two years. I expect these homes to continue to be snatched up the same day they come on-line. Question is, how many of these homes are being purchased by investors?

Anyone find the bond information? I do not see it on the district website units S115V.

[MsPCGenius]

Originally Posted by CosmicTrucker

I've been watching The Villages App for these to populate but as of 9-26 they still haven't posted them there. Where are these new homes listed?

Filter NEW and PENDING. They're all there. Switch to map view and you can see which are no longer "for sale". Suspect none of these homes will "list". Village Realtors verbally share with their clients on Friday what is coming available on Monday. Buyers are telling them to lock it in and so... the queue is established. #1 gets first right of refusal.

[melpetezrinski]

Originally Posted by rabranca@aol.com

Anyone find the bond information? I do not see it on the district website units S115V.

I posted earlier with an approximate amount of $45,000. Per my source, the exact numbers are $44,867 per unit or $3,070 per year.

[Robbb]

I have rented numerous times in Richmond, the problem as I see it, is most of the homes are rentals. There seems no sense of community as your neighbors change every 7 days. For that reason I'm not that inerested in buying there.

[spd2918]

Wow. A Charlotte for twice what we paid 3 years ago. And closer to the turnpike.

No thanks.