[retiredguy123]

Originally Posted by Aces4

Since when is a 20 year old patio villa determined to be decrepit? Good grief, arguably, the best parts of TV's are the older sections and they are closer to many golf courses and COSTCO, lol. It doesn't take $200,000 to renovate a patio villa unless one is putting diamonds on the toilet flusher. At this age, smaller sq footage is better for maintanence, taxes, cleaning, cooling and heating. We have downsized as we've gone along the aging path. We no longer need 3,000 sq ft, don't want hordes of visiters staying overnight and love the simplicity of living smaller. I'd spend $20,000 on a patio villa in a heartbeat.

I didn't say it was decrepit, I said it was old. And, it is very old as compared to other houses being sold today in The Villages. Most total sales are new houses, and most of the resales are less than 20 years old.

[Aces4]

Originally Posted by retiredguy123

But will you pay the extra $20K to $25K for the cost of the upgrades? Some buyers are looking for a lower priced house. It only takes one buyer to make the sale work.

In this case, it appears without the necessary roof replacement, that one buyer will have to have a pocket full of cash, love to make home improvements and also have the cash/financing available for those. We have found after buying/selling homes over the years that most buyers now want very little work to do upon purchase. They have no ingenuity or ambition to rework a home on the market. Of course, there will alway be a few that don't mind but good luck landing that buyer.

[Aces4]

Originally Posted by retiredguy123

I didn't say it was decrepit, I said it was old. And, it is very old as compared to other houses being sold today in The Villages. Most total sales are new houses, and most of the resales are less than 20 years old.

Because most of the people living in the older homes, established neighborhoods aren't looking to move. Having seen the new patio villas, I'd stick with the older ones but as always, to each their own.