[golfing eagles]

Originally Posted by Lottoguy

Be advised south of The Villages they are currently adding a third lane to the Florida Turnpike. I would imagine when they get closer to our area the sound will increase first from the construction (their not fast) and then from the added traffic from that extra lane.

Added traffic?????? Is that to say that people who do not travel via the turnpike now will flock to using it once there are 3 lanes?????

[Stu from NYC]

Originally Posted by golfing eagles

Added traffic?????? Is that to say that people who do not travel via the turnpike now will flock to using it once there are 3 lanes?????

I plan to do my share of the flocking once there are three lanes. I like middle lanes

[Flyers999]

Originally Posted by Stu from NYC

All things being equal why would you want to live near anything that might impact your quality of life or cost you money when you are going to sell?

Because you are not buying a house, you're buying a lifestyle. At least that's what they told me. :-)

[Dusty_Star]

Originally Posted by golfing eagles

Added traffic?????? Is that to say that people who do not travel via the turnpike now will flock to using it once there are 3 lanes?????

I'm glad you questioned this logic, as it has been floated around before that the turnpike expansion 'will make things worse', but many posts are rather vague.

There does seem to be an ample supply of 'if you build it, they will come' belief .

Now, I can think of reasons why, as I'm sure you can too, but added traffic is just more of that popular magical thinking.

[Laker14]

Originally Posted by golfing eagles

Added traffic?????? Is that to say that people who do not travel via the turnpike now will flock to using it once there are 3 lanes?????

I doubt they are increasing the number of lanes because they anticipate LESS traffic in the future.

With evermore development in Florida will come more and more traffic. Just like I-75, and I-95, and I-81and I-77 (from Harrisburg PA to Charlotte) , as the amount of traffic the highways can handle increases, the more traffic they get. It seems like they can never get caught up. In 10 years the Turnpike will be just as congested as it is now, only it will be 3 lanes of heavy traffic instead of 2 lanes. You can count on it.

I used to love driving south from NY, to South Carolina, Georgia, and Florida. Now, it's pure hell. Trucks, more trucks, and road construction.

[golfing eagles]

Originally Posted by Laker14

I doubt they are increasing the number of lanes because they anticipate LESS traffic in the future.

With evermore development in Florida will come more and more traffic. Just like I-75, and I-95, and I-81and I-77 (from Harrisburg PA to Charlotte) , as the amount of traffic the highways can handle increases, the more traffic they get. It seems like they can never get caught up. In 10 years the Turnpike will be just as congested as it is now, only it will be 3 lanes of heavy traffic instead of 2 lanes. You can count on it.

I used to love driving south from NY, to South Carolina, Georgia, and Florida. Now, it's pure hell. Trucks, more trucks, and road construction.

The worst being through S. Carolina---2 lanes the whole state. But it's just another example of our short-sighted planning. When I visited China we were on the road from Shang-hai to Hang-zhou. Brand new, 6 lanes in each direction. There was virtually no one on the road---yet. But in 10-20 years I doubt Chinese motorists will be sitting still on that road due to traffic congestion. It would have been a lot cheaper to build extra lanes when first constructed rather the widen the road later.

[BrianL99]

Originally Posted by WiscoDogsDad

How distant are you from The Turnpike and what issues do you have with the ambient road noise?

I will be relocating in 2025 and would like to have a baseline for this issue.

I thank you, all, in advance for your observations.

There are 3 inescapeable conclusions to be drawn.

1. Noise is an issue.

2. People have different levels of tolerance for noise.

3. When it's time to sell your house, potential buyers will have the exact same concerns as you have. This means that a sizable slice of potential buyers, simply won't be interested. Fewer buyers, means lower prices.

[Normal]

Originally Posted by Laker14

I doubt they are increasing the number of lanes because they anticipate LESS traffic in the future.

With evermore development in Florida will come more and more traffic. Just like I-75, and I-95, and I-81and I-77 (from Harrisburg PA to Charlotte) , as the amount of traffic the highways can handle increases, the more traffic they get. It seems like they can never get caught up. In 10 years the Turnpike will be just as congested as it is now, only it will be 3 lanes of heavy traffic instead of 2 lanes. You can count on it.

I used to love driving south from NY, to South Carolina, Georgia, and Florida. Now, it's pure hell. Trucks, more trucks, and road construction.

Product distribution and micro logistics has increased traffic to a rather large volume. Today definitely differs from 10 years earlier. There is a reason stocks in FEDEX and Amazon have gone through the roof. What once was a single trip to gather or stock several items from the store has become mostly several trips for the A La Carte purchasing style of our country. Our population has remained stagnant at 326.7 people (2023) and less are traveling to work. So go figure?

[Marathon Man]

Originally Posted by Lottoguy

Be advised south of The Villages they are currently adding a third lane to the Florida Turnpike. I would imagine when they get closer to our area the sound will increase first from the construction (their not fast) and then from the added traffic from that extra lane.

Uh, I think that lanes are added because the additional traffic is already there. So, no, the third lane will not mean more vehicles. I simply spreads them out.

[asianthree]

Originally Posted by BrianL99

There are 3 inescapeable conclusions to be drawn.

1. Noise is an issue.

2. People have different levels of tolerance for noise.

3. When it's time to sell your house, potential buyers will have the exact same concerns as you have. This means that a sizable slice of potential buyers, simply won't be interested. Fewer buyers, means lower prices.

And yet homes near the turnpike are selling for $150,000 and up from original cost. Not a bad profit for a year.

[Normal]

Originally Posted by asianthree

And yet homes near the turnpike are selling for $150,000 and up from original cost. Not a bad profit for a year.

It would depend on the year of purchase. Last week’s sales data demonstrated a loss for Villages owners who purchased in 2022. Now if you bought in 2018, then yes, you would hardly feel the effects of the inventory boom. One house in the Villages sold last week posted a loss of 44 K off the original 2022 purchase price not including realtor fees.
Homeowner Sells $44,000 Below Their 2022 Purchase Price - YouTube

[Laker14]

Originally Posted by Marathon Man

Uh, I think that lanes are added because the additional traffic is already there. So, no, the third lane will not mean more vehicles. I simply spreads them out.

Only in the very short term. As soon as capacity increases it becomes more cost-effective for trucking routes, and more attractive for development along the corridor. Happens every time.

[BrianL99]

Originally Posted by BrianL99

There are 3 inescapeable conclusions to be drawn.

1. Noise is an issue.

2. People have different levels of tolerance for noise.

3. When it's time to sell your house, potential buyers will have the exact same concerns as you have. This means that a sizable slice of potential buyers, simply won't be interested. Fewer buyers, means lower prices.

Originally Posted by asianthree

And yet homes near the turnpike are selling for $150,000 and up from original cost. Not a bad profit for a year.

Not relevant.

Economics 101. In a free floating market like pre-owned homes, when the pool of buyers decreases (because some folks are concerned about noise), prices decrease.

[fdpaq0580]

Originally Posted by Stu from NYC

I plan to do my share of the flocking once there are three lanes. I like middle lanes

Sadly, I'm pretty sure my flocking days are behind me.

[DrMack]

Originally Posted by Normal

It would depend on the year of purchase. Last week’s sales data demonstrated a loss for Villages owners who purchased in 2022. Now if you bought in 2018, then yes, you would hardly feel the effects of the inventory boom. One house in the Villages sold last week posted a loss of 44 K off the original 2022 purchase price not including realtor fees.
Homeowner Sells $44,000 Below Their 2022 Purchase Price - YouTube

Almost a year ago we decided to buy a home for retirement because I was selling my practice. We built and after only a month we just decided it wasn’t what we wanted. We are soon renting the home out and have another place in mind. We never in our wildest dreams thought we would actually lose money. Hopefully the market turns around by next Spring.