Originally Posted by Snakster66 (Post 2412542)

We bought a 2005 build back in August in Winifred (between 466 and Palmer). Absolutely love the area. Got it for a great price and we are in the middle of doing renovations. We feel central to pretty much everything that we want. Just can't beat the location. My advice, if it needs some updating (and many do), just make sure you get it at the right price and allow for reno. If you can find one already recently upgraded, so much the better. Best of luck.

Originally Posted by thelegges (Post 2412780)

It ok there are thousands who have zero issues with a bond, and truly living proof there is life and the pursuit of happiness south of 44. Especially if you are in your 40s and 50s, who only want to move once to a forever home. Buying a Forty year old house when you are only 50, will be in need of a great deal of maintenance for 20-30-40 plus years.

Then again those who choose to have newer seem to take bond and taxes with less stress than residents in their 70s-90s. Change can be very difficult as one ages

Originally Posted by jrref (Post 2412946)

I'm not sure this is what is being said. If you go North of Rt44 the homes start at 8 or 9 years old and are in Sumter, no additional local taxes. As you go North from there the homes get older progressively.

Originally Posted by Guinness835 (Post 2412469)

My wife and I are seriously looking to buy a house in The Villages in the very near future. We have visited several times and have a couple of friends that have moved there, so we are fairly familiar with it.

We have come to the conclusion that we would like to be in the in an established area versus the new builds down in the southern part. We would prefer “between the sixes,” but have also looked at houses between Lake Sumter and Spanish Springs around Tierra Del Sol.

We have seen a couple of houses online recently that were completely renovated, but built in the late 90’s. I have read and heard about insurance difficulties regarding roof age and all of that, so we’re fairly informed about that. I also believe homes built after 2004(ish) had different building requirements such as hurricane clips. I know that it is preferable if a home built before that has these hurricane clips added later.

I am just curious if anyone has any other pros/cons or concerns for buying a home built in 1998-1999 or so versus something built in the 2000’s. I know that probably is a loaded question, but we have learned a lot from this site and just want to do our due diligence and look at all angles. Thank you in advance!

Originally Posted by Guinness835 (Post 2412469)

My wife and I are seriously looking to buy a house in The Villages in the very near future. We have visited several times and have a couple of friends that have moved there, so we are fairly familiar with it.

We have come to the conclusion that we would like to be in the in an established area versus the new builds down in the southern part. We would prefer “between the sixes,” but have also looked at houses between Lake Sumter and Spanish Springs around Tierra Del Sol.

We have seen a couple of houses online recently that were completely renovated, but built in the late 90’s. I have read and heard about insurance difficulties regarding roof age and all of that, so we’re fairly informed about that. I also believe homes built after 2004(ish) had different building requirements such as hurricane clips. I know that it is preferable if a home built before that has these hurricane clips added later.

I am just curious if anyone has any other pros/cons or concerns for buying a home built in 1998-1999 or so versus something built in the 2000’s. I know that probably is a loaded question, but we have learned a lot from this site and just want to do our due diligence and look at all angles. Thank you in advance!

Originally Posted by Guinness835 (Post 2412469)

My wife and I are seriously looking to buy a house in The Villages in the very near future. We have visited several times and have a couple of friends that have moved there, so we are fairly familiar with it.

We have come to the conclusion that we would like to be in the in an established area versus the new builds down in the southern part. We would prefer “between the sixes,” but have also looked at houses between Lake Sumter and Spanish Springs around Tierra Del Sol.

We have seen a couple of houses online recently that were completely renovated, but built in the late 90’s. I have read and heard about insurance difficulties regarding roof age and all of that, so we’re fairly informed about that. I also believe homes built after 2004(ish) had different building requirements such as hurricane clips. I know that it is preferable if a home built before that has these hurricane clips added later.

I am just curious if anyone has any other pros/cons or concerns for buying a home built in 1998-1999 or so versus something built in the 2000’s. I know that probably is a loaded question, but we have learned a lot from this site and just want to do our due diligence and look at all angles. Thank you in advance!

Originally Posted by nn0wheremann (Post 2413002)

….Lowest taxes are Sumter County, but not in City of Wildwood. Stay out of Lake County, and be sure your electricity comes from Sumter Electric Co-op, not Duke or Leesburg….

Originally Posted by CoachKandSportsguy (Post 2413006)

maybe its a good time to buy, though I expect there will be a better time in the near future.

If the stonk market tanks, say 20-30%, that will be a signal to really start looking as many retirement portfolios will put a hurt on future affordability of living here. Many CFPs will start advising clients to sit tight, not make any huge life changing events if you are currently on the border of making a lifestyle change.

All depends on your financial strength and the ability to avoid a large drawdown. There will be portion of the population here who can not, and that will be the time to bottom pick a really good deal.

oh, and for those new here, I type cautious on the market recently, when risk appears higher than average.
And I define risk as large potential drawdown of asset values.

Originally Posted by jimjamuser (Post 2413027)

Many economists are predicting a recession this year. That would be the time to buy a house.

Originally Posted by rjrobart (Post 2413073)

If looking in Spanish Springs you're looking at an area that's the oldest in the community of The Villages. That said the older homes are actually built better than today's homes. I was just told us some are new homes aren't even coming with ceiling fans. So what else are they cutting out. My feeling is up to pick the community or the village where you want to be closely associated with. If you want to be fairly close say to Sumpter Landing, then pick something an area where you're comfortable getting to the Village of your choice by golf cart. Roofs can be replaced, or a contingency can be put on the sale. Style open floor plan, and of course the work you need to have done to bring it up to speed of your liking. You can negotiate on existing resales, but not on new home being sold by The Villages. Line up your pros and cons, and negotiate. You'll find it. Patience is a virtue!

Originally Posted by jimjamuser (Post 2413027)

Many economists are predicting a recession this year. That would be the time to buy a house.