[Dlbonivich]

Actually the houses north of 44 and Not in Pune Hills or Pineridge will have cheaper taxes because they will not be required to pay to the cities if Fruitland Park or Wildwood. The bond balance will be lower as the bonds were less to start with. Insurance wise use a broker to shop your rate. I think your quote is about right. Do not get hung up in a brand name company, they have never been Florida friendly

[seecapecod]

Originally Posted by roadrnnr

We are looking at homes in the 15 -20 year old range in Sumpter county simply because of the location and lower tax
Working with a realtor and we told him to only show us houses with new or newer roofs because of all the stories I have heard about insuring with an older roof.

My ? is if purchasing a house in that age range with a new or newer roof is the price of insurance back to reasonable levels.

He is telling me I could expect to pay about 1200-1500 a year with a house that age with a new roof.

I would like to hear from anyone who is actually in that situation.

We just came back from a lifestyle visit and it was everything I expected and more.

Thanks

Yes- I believe mine was $1100 per year through AAA And Progressive. House was built in 2004, new roof installed 2019 we bought in 2020. Just sold that house in March 2023.

[gammonj]

...Most likely the bond will be paid off, or close to it in the areas that you speak. As to buying a new home because they come with a warranty is NOT a good reason to make that new house choice (nursing a lawn, very high bond, calling about new cracks in the ceiling...) Real estate agents WANT you to buy sooner than later. My opinion/suggestion is to take your time and find the home and area that you love. You'll know, that feeling when you walk in and say ahhh. Regarding the roof (or any other issues), they can and should be negotiated in purchase agreement. Yep, I had my Realtor's license for years up north (in case that matters) and shopping for a good realtor to represent you isn't all that easy. If you buy brand new understand the agents do not represent you, so know that going in. Just my 69 year old point of view. Good luck tho, it's exciting isn't it!

[twopjt]

Originally Posted by roadrnnr

Do you think it would go down substantially if you replaced roof since your roof is 16 yrs old?

The cost of materials to reroof is amazingly high. Add to that would be our additional cost to remove and then reinstall the solar heating for the pool. So, we're OK for now and plan to just ride it out till the insurer requires it or we run out of pots to catch the drips.

[yporter]

Originally Posted by roadrnnr

We are looking at homes in the 15 -20 year old range in Sumpter county simply because of the location and lower tax
Working with a realtor and we told him to only show us houses with new or newer roofs because of all the stories I have heard about insuring with an older roof.

My ? is if purchasing a house in that age range with a new or newer roof is the price of insurance back to reasonable levels.

He is telling me I could expect to pay about 1200-1500 a year with a house that age with a new roof.

I would like to hear from anyone who is actually in that situation.

We just came back from a lifestyle visit and it was everything I expected and more.

Thanks

We bought in Dec '21, and wanted to be between 466 & 466A for a lot of reasons so we only looked at older homes (ended up in Virginia Trace, extremely happy w/location, house, and neighborhood/neighbors). We knew about the roof & insurance issue, so we simply adjusted our acceptable price to range by the cost of a roof - we only looked at those with older roofs by that much, and allowed more on those with new roofs.

I'm very glad we did - our house was built in 2007 & had the original roof, but it was in good shape and the inspection said another yrs left on it. We adjusted our offer price to ensure we had the resources to reroof it after purchase, and did so. Our original insurance was 1700/yr, and as soon as we reroofed (we closed in Jan, got estimates Feb, new roof in Mar) we changed insurance companies for the lower cost of 1300. We got a house model/layout and location we really loved, and saw plenty of houses with both new and old roofs to pick from.

By the way, the other constriction point we found on house insurance was the water heater - never had an insurance carrier that cared about the age of our water heater before this, but when I was getting insurance quotes for the closing prep, found that part of our higher insurance was also that we had the original water heater so we also immediately replaced that after closing and before changing insurance.

And yes, our lower house insurance did go up this year, but STILL lower than it was with the old roof and water heater.

Enjoy that house hunting process - my best advice is don't settle, find something that you really like in layout and location. There is a lot of turnover in houses here, so your house is out there somewhere!

[OhioBuckeye]

Also getting it insured with an older Water Heater! The seller or buyer can’t win!

[Show me State gal]

We purchased a home built in 2004 just south of 466. Our roof was new in 2021. Insurance first year $1600. This year $1900. House is 1627 sq feet.

[lvshworles]

What is the price formula for figuring out the cost of replacing a roof? What roof material is best when buying a home, or replacing a roof?

[PurePeach]

Originally Posted by roadrnnr

We are looking at homes in the 15 -20 year old range in z county simply because of the location and lower tax
Working with a realtor and we told him to only show us houses with new or newer roofs because of all the stories I have heard about insuring with an older roof.

My ? is if purchasing a house in that age range with a new or newer roof is the price of insurance back to reasonable levels.

He is telling me I could expect to pay about 1200-1500 a year with a house that age with a new roof.

I would like to hear from anyone who is actually in that situation.

We just came back from a lifestyle visit and it was everything I expected and more.

Thanks

It’s SUMTER; no “p” in the word.

[JMintzer]

Originally Posted by PurePeach

It’s SUMTER; no “p” in the word.

Originally Posted by bowlingal

It is Sumter....no P

Originally Posted by Ross

Sumter not Sumpter

Originally Posted by MrFlorida

Sumter County , not Sumpter County

For the love of God! We get it!!!

[paulat585]

Originally Posted by retiredguy123

I would suggest that you at least view a few new houses to compare what you get. In my opinion, the new houses offer a much better deal than the older ones, and everything is new and under warranty.

There are some positives about older houses. (I bought a 2011 model.) But OP should be advised that everything here in Florida wears out faster. They need to set aside a slush fund for HVAC, and water heater in addition to the roof.

[bark4me]

Originally Posted by retiredguy123

I would suggest that you at least view a few new houses to compare what you get. In my opinion, the new houses offer a much better deal than the older ones, and everything is new and under warranty.

Are there even any left still in Sumter County?

[bobchap]

State Farm will not issue insurance on any home built before 2008. Your best bet would be to call some insurance companies and see what they say about insuring homes in Florida. You will get betting information rather than listening to your real-estate
agent or here on this web site.

[retiredguy123]

Originally Posted by bark4me

Are there even any left still in Sumter County?

There are lots of new houses being built south of Sawgrass Grove. For about $400 to $500K, you can get quartz countertops, vinyl plank flooring, and a 2 and a half car garage. To me, these new houses are a way better deal than buying a 15 year old house, unless you get a really great lot and/or fantastic upgrades.

[jmaccallum]

Originally Posted by roadrnnr

So we are looking at houses up to $400000

So far the ones we have seen were all built about 2002-2006

I guess my ? is If it came down to a house that age would the main factor in the insurance rate be the roof above everything else.

Most of the ones we looked at were remodeled and beautiful inside.

Looking for some one that has a house that age with a new or newer roof hat can give me some insight on what they are paying for insurance.

We just bought 2000 sq. ft. Home built in 1998. Roof was replaced in 2017. Homeowners insurance is $1,714.

Have both 4 Point Inspection and Wind Mitigation Report done by your Home Inspector (bundled with home inspection for $549). Those two reports/inspections saved us $740/ year on insurance. They are good for 5 years.