Talk of The Villages Florida
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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/)
-   -   small homes (https://www.talkofthevillages.com/forums/villages-florida-general-discussion-73/small-homes-338363/)

banjobob 01-21-2023 07:29 AM
Quote:
Originally Posted by rh67p (Post 2177819)
Hi, was interested in the most affordable houses in the V in 2024. I assume prices will drop nationwide by 30% by 2024. Are there new sites opening up on the outskirts
for new small homes?
Just curious , inquiring for a residence or a rental ,seems so many are becoming short term rentals and BnB, basically destroying neighborhoods.

Altavia 01-21-2023 07:30 AM
Quote:
Originally Posted by Southwest737 (Post 2177993)
Golf course house in my neighborhood has come down from over 700 to under 600k. Similar house nearby sold for 730 a year ago. Prices for existing homes has definitely dropped. Why buy an overpriced new home with a 40k bond? Plenty of nice homes up north for sale.
Have you met anyone who sold a home South of 44 to move "up north"?

Altavia 01-21-2023 07:38 AM
Quote:
Originally Posted by BrianL99 (Post 2177985)
Let's see ...

Pools, tennis courts, recreation centers and golf courses around every corner? A bunch of people wearing shorts all year round, riding around in golf carts with weird logos, wearing silly hats?

That sounds suspiciously like a "resort". A resort is defined but what it is, not where it's located. Ever been to Yellowstone National Park? It's right the middle of rural Wyoming, bordering Cooke City, Montana.
When we go to a "resort" or on a cruise, it often does not live up to what we have in the bubble, we're always happy to be back - spoiled living here.

MandoMan 01-21-2023 07:41 AM
Quote:
Originally Posted by CoachKandSportsguy (Post 2177887)
um, this is a resort area?

me thinks some people have a very high opinion of houses in the middle of rural florida. .
Swimming pools, golf courses, tennis and pickle ball courts, horse shoes and shuffle board and bocce ball, games and crafts, free music—I’d say The Villages qualifies as a resort community.

Altavia 01-21-2023 07:46 AM
Quote:
Originally Posted by Southwest737 (Post 2177993)
Golf course house in my neighborhood has come down from over 700 to under 600k. Similar house nearby sold for 730 a year ago. Prices for existing homes has definitely dropped. Why buy an overpriced new home with a 40k bond? Plenty of nice homes up north for sale.
Really?

This would be MLS homes only.

The Villages, Florida Housing Market Report December 2022 - RocketHomes

Vleka 01-21-2023 07:56 AM
Quote:
Originally Posted by rh67p (Post 2177819)
Hi, was interested in the most affordable houses in the V in 2024. I assume prices will drop nationwide by 30% by 2024. Are there new sites opening up on the outskirts
for new small homes?
I have two patio villas going on the market next week. Marion county side, close to Nancy Lopez golf course and bonds are paid on both. You can PM me if interested.
352-360-5175

Altavia 01-21-2023 07:56 AM
Quote:
Originally Posted by manaboutown (Post 2177950)
5200 homes a year? Wow if true.
True, roughly two billion dollars in new home sales a year.

Which is an incremental 25 million dollars added to the property tax base per year.

Wildwood outpaces other cities in growth | News | The Villages Daily Sun | thevillagesdailysun.com

"The 5,179 new residents put Wildwood in seventh place among all cities in the state in net growth, behind only Jacksonville, which saw an increase of 20,951, Port St. Lucie (9,663), Cape Coral (7,538), Miami (7,506), Orlando (6,933) and Tampa (6,841)."

crash 01-21-2023 08:12 AM
Quote:
Originally Posted by rh67p (Post 2177819)
Hi, was interested in the most affordable houses in the V in 2024. I assume prices will drop nationwide by 30% by 2024. Are there new sites opening up on the outskirts
for new small homes?
Patio villas are the smallest homes and least expensive so go very fast but they are building them all the time.

You are making a bad assumption about prices dropping 30% in The Villages never happened never will because the vast majority of us are here to stay so won’t be selling.

shut the front door 01-21-2023 08:14 AM
Quote:
Originally Posted by Altavia (Post 2178011)
Have you met anyone who sold a home South of 44 to move "up north"?
Yes.

toeser 01-21-2023 08:18 AM
Quote:
Originally Posted by rh67p (Post 2177819)
Hi, was interested in the most affordable houses in the V in 2024. I assume prices will drop nationwide by 30% by 2024. Are there new sites opening up on the outskirts
for new small homes?
If home prices in the Villages drop by 30%, the country will be in a deep depression. If you want a new home in the south development area, you will pay top dollar and have a bond to pay off as well. If you want a deal, buy north. You won't have a bond to pay off and the house price will be cheaper. A lot of homes north of 466 are old enough that they have been substantially updated.

Ptmckiou 01-21-2023 08:39 AM
Quote:
Originally Posted by Rooklift (Post 2177976)
1. In my opinion prices will drop and we are already seeing the beginnings of this.
2. This is not a resort community. ( a 65 - 70 yr old woman at Aldi passed on buying eggs for 5 dollars as they were too expensive)
3. Interest rates will effect all potential non cash buyers lowering the supply of buyers at these prices.
If prices didn’t really drop significantly in 2008 with the crash, then they certainly won’t now. The Villages is always in demand, because people always retiring regardless of the economy. That’s the way it’s always been, and prices always continue to climb. They will slow the new build schedule, so less are for sale, keeping a high demand. A huge percentage of buyers, buy with cash here, so interest rates is irrelevant.

maistocars 01-21-2023 08:43 AM
Quote:
Originally Posted by CoachKandSportsguy (Post 2177949)
thinking this is a resort isn't one of them. .
"Resort" doesn't always mean beaches and luxury hotels. To me this is the greatest lifestyle resort ever built.

Ptmckiou 01-21-2023 08:45 AM
We have met several people that were up on the North side (one within walking distance to Sumter landing) and moved south of 44. Why? Because everyone on her street were 80+ and never wanted to go and do anything, especially after 7pm the streets rolled up. She is very active and happy down here with a younger crowd and endless neighborhood parties and gatherings.

CoachKandSportsguy 01-21-2023 08:46 AM
Quote:
Originally Posted by banjobob (Post 2178010)
Just curious , inquiring for a residence or a rental ,seems so many are becoming short term rentals and BnB, basically destroying neighborhoods.

LOL! as a slum lord here, most all of our rents were future villagers either waiting for their house to be built, or coming to find a house and learn the best area for them.

The other repeat is a local villager who doesn't have enough room for his extended family for vacations. . . so me thinks you have a biased opinion with no facts. .

ColtsFan 01-21-2023 08:47 AM
I would look for a pre-owned patio villa North of 466-A listed as "Bond Paid". You CAN find them. Tell the agent to only show you the ones with the bond already paid.


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