[Starpilot]

Don, I have an interest in area 84 and was wondering if you could speculate on how it will be connected golf cart wise?

- Lou

[Goldwingnut]

Originally Posted by Starpilot

Don, I have an interest in area 84 and was wondering if you could speculate on how it will be connected golf cart wise?

- Lou

There is a 2 lane road running n/s from Chandler Drive to Unit 44 that both cars and carts will take into the area. Basically, a residential street so it will be no different than any other residential street here in The Villages. Traffic will not be either an issue or a major concern as there is only 121 lots in Unit 84, this is about twice the size of a regular villa community or about 2/3 the size of one of the larger villa communities (Antrum Dells, Alden Bungalows, etc.) all of which only have one road entering and exiting.

[Altavia]

Is there any commercial space along 470 planned for that end?

Something popped up on the Villages App map?

[Goldwingnut]

Originally Posted by Altavia

Is there any commercial space along 470 planned for that end?

Something popped up on the Villages App map?

That's the postal station for Unit 84.

Commercial property planned for the south side of 470 on the 550 acres purchased last year.

[Altavia]

Small Postal Station?

[Goldwingnut]

Originally Posted by Altavia

Small Postal Station?

Yes, it is for unit 84, it’s to serve only 121 homes.

[Starpilot]

Thank you Don. You're such a great source of information. Very much appreciated.

[Rainger99]

I just checked the bond for Unit 84. It is $72,080.45.

If you pay it off over 30 years, you will pay $157,738.72!!!

[Stu from NYC]

Originally Posted by Rainger99

I just checked the bond for Unit 84. It is $72,080.45.

If you pay it off over 30 years, you will pay $157,738.72!!!

Wow rather pricey

[Goldwingnut]

Originally Posted by Rainger99

I just checked the bond for Unit 84. It is $72,080.45.

If you pay it off over 30 years, you will pay $157,738.72!!!

Yes, the bond is higher than seen before, the cost of everything goes up over time. They haven’t had lots this larger in over 5 years (Conservation trail area), so many have never seen a high end home’s bond. Do some math and you’ll find that the bond rate per acre throughout The Villages has tracked pretty close with inflation. Trying to compare the bond for a home in CDD5 with the bond for a home in CDD14 must take into account the cost increases for 18 years, there are some differences in cost also based on the land’s characteristics that must be taken into account, when all factors are taken into account the adjusted bonds are of similar values.

As far as the 30 year cost goes, the people buying the homes in 84 will likely be paying 7 figures for their homes and have sufficient means to afford it, but will more than likely will just pay it off, just as most of the homes will probably not have a mortgage on them.

Most don’t realize that the bond is just a part of the cost of the home that will always have to be paid, either rolled into the cost of the home like most developments do or as a separate cost like done here.

[Altavia]

Originally Posted by Rainger99

I just checked the bond for Unit 84. It is $72,080.45.

If you pay it off over 30 years, you will pay $157,738.72!!!

The value of the homes in that area will appreciate (far) more than the cost the bond the first year.

[Rainger99]

You say that Unit 84 will be premier homes. According to the VCDD website, there are no premier homes in District 14.

District 14 was established July 26, 2021

Amended District
September 13, 2021
Total Acres - 2585.20

4,490 - Standard Home Sites
2,967 - Villa Home Sites
0 - Premier Home Sites
7,457 Total Home Sites

VCDD District FAQs

[Goldwingnut]

Originally Posted by Rainger99

You say that Unit 84 will be premiere homes. According to the VCDD website, there are no premiere homes in District 14.

District 14 was established July 26, 2021

Amended District
September 13, 2021
Total Acres - 2585.20

4,490 - Standard Home Sites
2,967 - Villa Home Sites
0 - Premier Home Sites
7,457 Total Home Sites

VCDD District FAQs

The district only provides what they are told. I go by what documentation and plans show, I say these will be premier homes. We’ll find out soon enough if I’m right or I’m wrong.

[Bogie Shooter]

No gotcha there……

[Rainger99]

Originally Posted by Goldwingnut

The district only provides what they are told. I go by what documentation and plans show, I say these will be premier homes. We’ll find out soon enough if I’m right or I’m wrong.

I would think they would have to tell the district the truth of what they are building. Can they tell the district that they are building a two story building and then build a 5 story building?

PS. I hope they are premier homes! Would hate to pay a $72,000 bond for a designer home!