Snowbird Expense Question

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  #31  
Old 03-30-2023, 08:28 AM
wmcgowan wmcgowan is offline
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Originally Posted by Michael G. View Post
Can anyone offer up an expense (ballpark figure) on being a snowbird?

I know it Very's with property values etc., but we had my sister visit last week (just retired) and her daughter, (a doctor) from Wisconsin and the subject was talked about.
it could be a little or it could be a lot - beer or champagne both can get you inebriated
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Old 03-30-2023, 08:33 AM
joshgun joshgun is offline
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Most of the responses below are about renting, which I don’t think you were asking about. If you are talking about owning as a snowbird the Villages can provide a good starting estimate. Then add mortgage payment if any and cost for going up north for however many times you plan to do that. A ballpark $30,000-$35,000 plus mortgage and trips north.
  #33  
Old 03-30-2023, 08:40 AM
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A range of $10,000 to $15,000 depending on the bond, taxes, lawn service, internet. Does not include a mortage or furnishing the house.
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Old 03-30-2023, 08:40 AM
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Originally Posted by Topgun 1776 View Post
Y'all do understand he's just posting to see how many will answer him, right?
He has 2 posts on the same day related to snowbirds.
Yes, but this time he let us know that his niece is a Dr.
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Old 03-30-2023, 08:47 AM
Altavia Altavia is offline
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Originally Posted by Lisanp@aol.com View Post
Ryan from “Inside the Bubble” just posted on this very topic this week for owning a home in The Villages. Google his site to read his very detailed post about possible expenses and the associated estimated costs.
Cost of Living in The Villages (an Independent Analysis)
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Old 03-30-2023, 09:00 AM
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Quote:
Originally Posted by Michael G. View Post
Can anyone offer up an expense (ballpark figure) on being a snowbird?

I know it Very's with property values etc., but we had my sister visit last week (just retired) and her daughter, (a doctor) from Wisconsin and the subject was talked about.
I pay about $16,000 a year to have a second home in The Villages. The home is a 4 year old designer home. I have no mortgage, but there is a bond which is paid yearly with the taxes. The $16,000 cost includes insurance, taxes, utilities, amenity fee, internet, lawn service, golf cart insurance and maintenance, home maintenance like pressure washing and HVAC service - etc.
  #37  
Old 03-30-2023, 09:04 AM
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Quote:
Originally Posted by Michael G. View Post
Can anyone offer up an expense (ballpark figure) on being a snowbird?

I know it Very's with property values etc., but we had my sister visit last week (just retired) and her daughter, (a doctor) from Wisconsin and the subject was talked about.
In 2022 it cost me $17,000 to maintain my home, car, and golf cart. That includes property taxes (which are considerably more for non residents), insurance (home and car), gas, Sunpass expense, utilities, grass cutting, garden maintenance, pest control and power washing. It does not include any major improvements, recreation, food or shopping. The size of your home will also impact your expenses. I hope that helps.
  #38  
Old 03-30-2023, 09:24 AM
rsmurano rsmurano is offline
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Originally Posted by mrf0151 View Post
Really? May we please see your statistical proof?
It’s not that hard to be a millionaire these days, and you are far from “being rich” just having a million dollars.
  #39  
Old 03-30-2023, 09:37 AM
Fastskiguy Fastskiguy is offline
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Originally Posted by Mleeja View Post
I’ll start. For a 3 bedroom villa Jan - March, ~$16,000.
I'll second this, figure $16K for back of the envelope calculations

Joe
  #40  
Old 03-30-2023, 09:45 AM
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Originally Posted by Blymes View Post
It’s an expensive place to live. 5 out of 6 Villagers are Millionaires.
What is the definition of millionaire ? The obvious is assets minus liabilities. Many people claiming to be millionaires forget to subtract the liabilities part. I also do not include the value of a primary house. You always need a place to live be it another house, rent, assisted living, etc. On the other hand a second home in my mind is a countable asset since upon sale it does not need to be replaced. I doubt 5 of 6 in TV meet my definition of millionaire.
  #41  
Old 03-30-2023, 09:52 AM
merrymini merrymini is offline
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There are so many elements here that no one can really give you an answer that would apply. Just do your own math. Most of the expenses are fixed. If you do not want the responsibility of owning, rent.
  #42  
Old 03-30-2023, 10:55 AM
Kerlampert Kerlampert is offline
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We own one house in Wisconsin and one in the Villages....cost is approximately $1,000/month year round. (Excluding food, gas, fun activities/trips).
  #43  
Old 03-30-2023, 11:06 AM
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Originally Posted by Bilyclub View Post
A range of $10,000 to $15,000 depending on the bond, taxes, lawn service, internet. Does not include a mortage or furnishing the house.
I would agree, if anything I overestimated my expenses a bit - I was quoting my annual expenses and I don’t rent out when I’m up north. I did say “shop around” property insurance alone can be double if you don’t.
  #44  
Old 03-30-2023, 01:28 PM
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Originally Posted by Velvet View Post
I would agree, if anything I overestimated my expenses a bit - I was quoting my annual expenses and I don’t rent out when I’m up north. I did say “shop around” property insurance alone can be double if you don’t.
Oh, I knew I was forgetting something. Insurance is getting to be more than the property tax.
  #45  
Old 03-30-2023, 03:27 PM
Dbraisted Dbraisted is offline
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A moderate home 2b/2b with no mortgage about $14,000 a year for all expenses for the home including taxes, insurance, landscaping, electric, cable, HOA fees which include sewer, water and trash.
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