Talk of The Villages Florida

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-   The Villages, Florida, General Discussion (https://www.talkofthevillages.com/forums/villages-florida-general-discussion-73/)
-   -   Stonecrest (https://www.talkofthevillages.com/forums/villages-florida-general-discussion-73/stonecrest-147654/)

joldnol 03-20-2015 10:55 PM

baby boomers went until '64....still another 10 to 15 years of them coming. We may slow down appreciating at some point but they will still gain. When my dad passed away 8 years ago in Palm Bay his house lost half it's value in a year, here in the villages they just kept gaining and gaining.

graciegirl 03-21-2015 06:18 AM

Quote:

Originally Posted by er9027 (Post 1032038)
Interesting thread ! We have been around for 5 years. Prices have increased considerably. Now , residents now don't want to hear this BUT, Baby boomers are buying property here. Prices are HIGH. I am one of those. Consider what will happen in 10 to 20 years. Look at the birth rate after the baby boomer era....Considerably less. Now that means nothing to us that are now living but it will be important to our kids and grandkids. This place is so nice for us now and we should enjoy what we have. MY POINT....I feel it will not be sustained in the future....Just my opinion. would love to hear your thoughts.

Our children will do as we did. The best they can. By the time there is a sea change in retirement numbers we will all be in the Village of Heavenly.

rubicon 03-21-2015 06:59 AM

If you investigate you will find that people who live just outside The Villages own homes in TV as rental properties Why?

graciegirl 03-21-2015 07:45 AM

Quote:

Originally Posted by rubicon (Post 1032083)
If you investigate you will find that people who live just outside The Villages own homes in TV as rental properties Why?


I don't know, but I suspect it has something to do with the very high price of "lost" I.D. cards.

Steve9930 03-21-2015 09:04 AM

Quote:

Originally Posted by Indy-Guy (Post 1032023)
Houses in The Villages continue to appreciate at a rate that is perhaps higher than any other area of the country. In all of the comparisons of other areas outside The Villages I have not seen any mention of home appreciation.

It has been well established over the years that you get more home for your buck in Stonecrest and other developments in the area.

Many homes in The Villages have appreciated over $50,000 in the last 4 years. And that could be a conservative estimate.

Home appreciation is perhaps a strong reason that you can get more home for your buck outside The Villages as those homes may have not enjoyed the appreciation The Villages has. Because of the high demand of homes in The Villages the value of the current homes built in The Villages continue to rise.

All of that being said I wonder how much a 4 year home in Stonecrest has appreciated.

I do not have an exact figure for the average appreciation of a Stonecrest Home. It will not be as high as the Villages. But I do know this as a fact, as the Villages Home Prices rise, so do the home prices in Stonecrest. If you are buying a home as an investment then you should buy in the Village. If that is not your top priority then Stonecrest maybe the place to buy. Originally I purchased because of what I wanted in the view and cost. When the Village prices were very high, so was the value of my home.

Cisco Kid 03-21-2015 09:42 AM

Quote:

Originally Posted by Indy-Guy (Post 1032023)
Houses in The Villages continue to appreciate at a rate that is perhaps higher than any other area of the country. In all of the comparisons of other areas outside The Villages I have not seen any mention of home appreciation.

It has been well established over the years that you get more home for your buck in Stonecrest and other developments in the area.

Many homes in The Villages have appreciated over $50,000 in the last 4 years. And that could be a conservative estimate.

Home appreciation is perhaps a strong reason that you can get more home for your buck outside The Villages as those homes may have not enjoyed the appreciation The Villages has. Because of the high demand of homes in The Villages the value of the current homes built in The Villages continue to rise.

All of that being said I wonder how much a 4 year home in Stonecrest has appreciated.

At this rate of appreciation , by the time I retire, I will be living in a bus, down by the river.

CFrance 03-21-2015 11:15 AM

Quote:

Originally Posted by Cisco Kid (Post 1032161)
At this rate of appreciation , by the time I retire, I will be living in a bus, down by the river.

I hear the abandoned school buses are appreciating quite a bit.

sueandskip 03-21-2015 12:50 PM

Quote:

Originally Posted by gerryann (Post 1030061)
I know that, that's why I'm asking. TV has tons of homes for sale as well. I'm just trying to find out if there is a reason for the amount of sales in Stonecrest. I guess probably the same reasons for the homes for sale here?

People die or move back north for health reasons..

Steve9930 03-21-2015 01:55 PM

These retirement communities will have anywhere from 5% to 15% of homes for sale at any given time. Just depends. Out of our neighborhood of 50 homes there are only about 10 of us that are the original owners. They move for all sorts of reasons.

rubicon 03-21-2015 02:01 PM

Quote:

Originally Posted by Carla B (Post 1031239)
Never looked at any houses outside of TV. But, like Rubicon, I love the ambiance of Harbor Hills. Just couldn't stand to be so far from the grocery store.

Hi Carla: That was my wife's complaint here and every place we ever moved. I was a quite a hero when I found her a nice home in the Minneapolis area just 15 minutes from the Mall of America, 5 minutes to Eden Prairie Mall and 10 minutes to the Southdale Mall

rubicon 03-21-2015 02:09 PM

Quote:

Originally Posted by Indy-Guy (Post 1032023)
Houses in The Villages continue to appreciate at a rate that is perhaps higher than any other area of the country. In all of the comparisons of other areas outside The Villages I have not seen any mention of home appreciation.

It has been well established over the years that you get more home for your buck in Stonecrest and other developments in the area.

Many homes in The Villages have appreciated over $50,000 in the last 4 years. And that could be a conservative estimate.

Home appreciation is perhaps a strong reason that you can get more home for your buck outside The Villages as those homes may have not enjoyed the appreciation The Villages has. Because of the high demand of homes in The Villages the value of the current homes built in The Villages continue to rise.

All of that being said I wonder how much a 4 year home in Stonecrest has appreciated.

Hi Indy Guy My wife and I have a dispute about the issue of appreciation in TV...but its personal in that I do not believe my 2006 designer on a championship golf course has appreciated to even a breakeven point. I am tempted to call my original realtor for an assessment but then it opens the door and I very much like my house, my location and especially my neighbors whom I believe are just top shelf

gerryann 03-21-2015 05:01 PM

Quote:

Originally Posted by rubicon (Post 1032308)
Hi Indy Guy My wife and I have a dispute about the issue of appreciation in TV...but its personal in that I do not believe my 2006 designer on a championship golf course has appreciated to even a breakeven point. I am tempted to call my original realtor for an assessment but then it opens the door and I very much like my house, my location and especially my neighbors whom I believe are just top shelf

I think you would be very surprised at your homes appreciation. I bought my court yard villa in 2012. 12 months later, I sold it for $50,000 more. 6 months later it sold again for 14,000 more. It is now for sale again for $133,000 more than I paid for it originally. That is all in a 2 1/2 year time frame. That's crazy, I know.

Have you looked at resales of your model on the villages site? Personally, I'm looking outside of TV because I feel that the prices here have gone unrealisticly too high. If they keep going up, I won't be able to afford to purchase here.

When I initially was looking at homes here, the colony patio villa was $139,000. That was in 2011. New ones now are $189,000. That's ridiculous.

gomoho 03-21-2015 06:10 PM

Quote:

Originally Posted by rubicon (Post 1032308)
Hi Indy Guy My wife and I have a dispute about the issue of appreciation in TV...but its personal in that I do not believe my 2006 designer on a championship golf course has appreciated to even a breakeven point. I am tempted to call my original realtor for an assessment but then it opens the door and I very much like my house, my location and especially my neighbors whom I believe are just top shelf

And if your wife feels the same way get a market analysis and settle the dispute. No harm done and maybe you'll get to pat yourself on the back for a smart move!

Indy-Guy 03-21-2015 08:49 PM

Quote:

Originally Posted by rubicon (Post 1032308)
Hi Indy Guy My wife and I have a dispute about the issue of appreciation in TV...but its personal in that I do not believe my 2006 designer on a championship golf course has appreciated to even a breakeven point. I am tempted to call my original realtor for an assessment but then it opens the door and I very much like my house, my location and especially my neighbors whom I believe are just top shelf

I understand what you are stating. I have been told that 2006 was the top year for sales of new homes in The villages. There was a waiting list for many models and people purchased homes that they had not even seen. This may sound silly but many very well educated people that I know did exactly this.

Homes in my Villa section that were purchased in 2005 were flipped for as much as $70,000. more than they were purchased for a year earlier.

I have a friend that purchased in early 2006 after she sold her previous home. Her home that she sold up north is now worth about $60,000 less than she sold it for and her Villages home is worth about $10,000 more that she purchased it for in 2006. She is well ahead of the game. The looser is the buyer of her home up north.

My main point about appreciation is that no one has still stated any facts about the appreciation of homes in Stonecrest. No one has stated that they are aware of anyone that purchased and sold at any margin of gain. I feel that some may have and many have not. I could be incorrect.

joldnol 03-21-2015 09:03 PM

Quote:

Originally Posted by gerryann (Post 1032415)
I think you would be very surprised at your homes appreciation. I bought my court yard villa in 2012. 12 months later, I sold it for $50,000 more. 6 months later it sold again for 14,000 more. It is now for sale again for $133,000 more than I paid for it originally. That is all in a 2 1/2 year time frame. That's crazy, I know.

Have you looked at resales of your model on the villages site? Personally, I'm looking outside of TV because I feel that the prices here have gone unrealisticly too high. If they keep going up, I won't be able to afford to purchase here.

When I initially was looking at homes here, the colony patio villa was $139,000. That was in 2011. New ones now are $189,000. That's ridiculous.

We started looking in 2010 but couldn't retire until 2014. We watched home prices escalate at a rate that we thought the only thing we would be able to buy would be a 20 to 30 year old house or manufactured home. The good Lord was looking out for this old fool and we feel very Blessed.

Steve9930 03-22-2015 02:27 PM

Quote:

Originally Posted by Indy-Guy (Post 1032514)
I understand what you are stating. I have been told that 2006 was the top year for sales of new homes in The villages. There was a waiting list for many models and people purchased homes that they had not even seen. This may sound silly but many very well educated people that I know did exactly this.

Homes in my Villa section that were purchased in 2005 were flipped for as much as $70,000. more than they were purchased for a year earlier.

I have a friend that purchased in early 2006 after she sold her previous home. Her home that she sold up north is now worth about $60,000 less than she sold it for and her Villages home is worth about $10,000 more that she purchased it for in 2006. She is well ahead of the game. The looser is the buyer of her home up north.

My main point about appreciation is that no one has still stated any facts about the appreciation of homes in Stonecrest. No one has stated that they are aware of anyone that purchased and sold at any margin of gain. I feel that some may have and many have not. I could be incorrect.

Just might be we are not interested in flipping houses. You can make more money by investing wisely then flipping houses. When you add up all the real cost of owning a home the actual return on capital invested is not what you think.


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