Stonecrest

[gerryann]

To those living in Stonecrest. Can you tell me some of the advantages of your community and some of the disadvantages? Since I believe that it is a gated, secured development, is there a way for individuals to see homes for sale without a realtor? I am wondering if there is an increase in homes for sale? And if so, do you know why? In looking at Zillow, it seems like a lot of homes for sale, or maybe it's always like that. ( a lot for sale in The Villages also). Any information about you community would be appreciated.

[joldnol]

You can drive through without a Realtor. We looked a year ago. The homes seemed nicer for the buck but it lacks the number of activities and variety of golf the villages offer which is why we went with TV.

[graciegirl]

https://www.talkofthevillages.com/forums/villages-florida-general-discussion-73/other-nearby-communities-vs-villages-11484/

http://www.movoto.com/summerfield-fl/17612-119th-avenue-rd-summerfield-fl-34491-431_g4809859/

[chuckinca]

Real Estate - 436 Homes For Sale | Zillow (http://www.zillow.com/homes/for_sale/58333570_zpid/days_sort/28.966051,-81.954965,28.964633,-81.957422_rect/18_zm/0_mmm/1_rs/?view=map)



http://www.zillow.com/homes/for_sale/58172920_zpid/days_sort/28.975614,-81.993177,28.952935,-82.032487_rect/14_zm/0_mmm/1_rs/?view=map

.

[gerryann]

Real Estate - 436 Homes For Sale | Zillow (http://www.zillow.com/homes/for_sale/58333570_zpid/days_sort/28.966051,-81.954965,28.964633,-81.957422_rect/18_zm/0_mmm/1_rs/?view=map)



Real Estate - 18 Homes For Sale | Zillow (http://www.zillow.com/homes/for_sale/58172920_zpid/days_sort/28.975614,-81.993177,28.952935,-82.032487_rect/14_zm/0_mmm/1_rs/?view=map)

.

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?

[chuckinca]

Probably.

.

[joldnol]

peoples situations change, folks die, etc......

[Mleeja]

Why would Stonecrest Residents be on TOTV? They do not have thier own website? No huh....

[asianthree]

Why would Stonecrest Residents be on TOTV? They do not have thier own website? No huh....

There are some who have left the villages and moved to stonecrest. There are many people on this site that have never visited TV. So why the concern. This is a great information site for all

[bluedog103]

Why would Stonecrest Residents be on TOTV? They do not have thier own website? No huh....
We live in TV and have friends in Stonecrest. We also have friends who moved from TV to Stonecrest or a variety of reasons. I see nothing wrong with sharing information with those in other areas.

[DonH57]

People make decisions on where they buy for their personal reasons and preferences. Nothing wrong with asking for second, third, and fourth opinions or inquirys.

[linko38]

Hello
I have been a resident of Stonecrest for 6 years. We love it! Three outdoor pools. One indoor pool. Hot tub. Many activities. Bingo on Fridays. Bunco once a month. A very friendly beautiful community! Stop by the model homes and check them out!

[Rollie]

JMHO, but I think there are more listings at this time of year because there are more visitors. It may be easier to sell a home. You can always drive into Stonecrest to look at the new models during business hours, and you don't have to have a agent along. Just ask.

Rollie

[RickeyD]

Hello

I have been a resident of Stonecrest for 6 years. We love it! Three outdoor pools. One indoor pool. Hot tub. Many activities. Bingo on Fridays. Bunco once a month. A very friendly beautiful community! Stop by the model homes and check them out!


Not a chance...location,location ,location. I have always purchased a house in the best area I could afford. Which means a much smaller house on a smaller lot than I would get in a less desirable neighborhood. Forgoing the fact that life is better in a better area in the end upon selling I have been rewarded with a much greater profit in a shorter amount of time then if I had gotten that bigger house. No regrets buying the Villages and its lifestyle ! Stonecrest doesn't compare to the Villages. More like apples to oranges to me and a hundred thousand others .

[rubicon]

If the focus is on house for the buck Harbor Hills would attract some. I loved the homes there as they put so much more in the home. I hadn't discovered Harbor Hills until after I bought in The Villages and was amazed that I could have bought substantially more square footage, better appointment indoors n and a pool for the same price as my home in TV. I would have moved but wife felt isolated while I felt relax with more space. But we do compromise and have so for our entire lives so again we compromised and did it her way.:D
By the way great golf course there really quality

[CFrance]

If the focus is on house for the buck Harbor Hills would attract some. I loved the homes there as they put so much more in the home. I hadn't discovered Harbor Hills until after I bought in The Villages and was amazed that I could have bought substantially more square footage, better appointment indoors n and a pool for the same price as my home in TV. I would have moved but wife felt isolated while I felt relax with more space. But we do compromise and have so for our entire lives so again we compromised and did it her way.:D
By the way great golf course there really quality
I always thought you are a wise man, rubicon. Now I know it. :-)

[looneycat]

Hello
I have been a resident of Stonecrest for 6 years. We love it! Three outdoor pools. One indoor pool. Hot tub. Many activities. Bingo on Fridays. Bunco once a month. A very friendly beautiful community! Stop by the model homes and check them out!

I never wanted to live in Florida but a visit to TV changed my mind...not to live in Florida but to live in TV. If I had visited stonecrest or any of the others I'd still be freezing in Nj!

[gerryann]

I viewed the models yesterday. Yes, way more house for the money. For those that are extremely active and need all the clubs, games, activities.....then TV is deffinetly for you. For those looking for a quieter life, stonecrest might be for you. According to a realtor selling in stonecrest 80% of the sales are folks moving from TV. This really surprised me. Yes, I will agree....its comparing apples to oranges. Very different lifestyles. They do have ongoing activities, just maybe 5% of what TV has......but that might be all that some folks want.

[Miles42]

Just tell the Gate Keeper you are going to the restraunt. No problem. We look there as well and in the end decided there was way more to do here in TV.

[RickeyD]

I viewed the models yesterday. Yes, way more house for the money. For those that are extremely active and need all the clubs, games, activities.....then TV is deffinetly for you. For those looking for a quieter life, stonecrest might be for you. According to a realtor selling in stonecrest 80% of the sales are folks moving from TV. This really surprised me. Yes, I will agree....its comparing apples to oranges. Very different lifestyles. They do have ongoing activities, just maybe 5% of what TV has......but that might be all that some folks want.


I would suspect that 80% as a marketing figure, not reality.

[Cajulian]

Here is another observation. Stonecrest and other close communities clearly provide very nice houses for less money than TV's.

Golfers at Stonecrest, golf everyday or as often as they like, just like in TV's. They also have traveling leagues. They also have many clubs to join and activities.

How many activities do you actually use? How many Rec Centers do you use? Based on the population in Stonecrest, they have ample facilities to service all residents, without congestion and hassle.

Stonecrest has legal access to all the Shopping, Restaurants (minus Katie Belles), Squares entertainment, special festivities, Churches, etc.

They actually have gated security that works reasonably well. I have only heard of a couple of burglaries over several years. Usually by contractors. The Villages had 11 break-ins February alone this year.

As to Lifestyle, what lifestyle does TV's have, that Stonecrest doesn't have. Mult-modal paths (who needs the congestion and dangerous situations). And some still get to TV's with their Legal Street carts anyways.

Having said all this, The Villages is a very pristine and beautiful place with lots of stuff to do, much of which can be had by visitors and Stonecresters. I had been coming down to TV's for 15 years and have seen many changes.

It all comes down to several factors. How much money do you want to spend, how much congestion can you deal with, the proximity to the things you like, etc.

Of all the communities in the area, Stonecrest, with its close proximity abutting Orange Blossum and less than 3 miles from Spanish Springs, it almost seems like they are part of the Villages. If you want true peace and quiet, Del Webb and other communities are further removed from the area.

Make your own call with what is right for you. Stonecrest and Del Webb are great communities also. For those that tout "The Lifestyle" surely must realize that many others enjoy most of that same Lifestyle.

[Carla B]

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.

[Miles42]

To each his own.

[liere]

Friends of mine rented in The Villages earlier this year....while they thought the Villages was nice, they are not golfers and they did not enjoy riding around in a golf cart. They were interested in a house around 1900 sq ft and in the Villages the prices were very high. They found a new model in Stonecrest and bought there. They said they liked the idea of an indoor pool, fitness center included in amenity fee and closeness to the Villages. They can use the squares, movies and restaurants if they choose. I went with them to see the models and thought they were very nice....the rep did say some Villagers were moving to Stonecrest because they preferred a quieter environment....but I did not get the impression it was a large number.

[gerryann]

Interesting observations. As one stated, maybe the 80% of villagers moving to stonecrest was a marketing statement.....who knows?

[perrjojo]

I have a close friend who lived in Stonecrest. When her husband passed she felt lonely in Stoncrest. It took her another six years to sell her home there. She is very happy here in TV with younger people and more things to do. No, she does not hang out at City Fire and most of her fiends are married. She just likes it better here. Does that make TV better? No, it just means it is better for her. Each person has different needs

[TVMayor]

I have a close friend who lived in Stonecrest. When her husband passed she felt lonely in Stoncrest. It took her another six years to sell her home there. She is very happy here in TV with younger people and more things to do. No, she does not hang out at City Fire and most of her fiends are married. She just likes it better here. Does that make TV better? No, it just means it is better for her. Each person has different needs
Question, did it take six years for her to decide to sell her house or was the house on the market six years?

[graciegirl]

There are homes for everyone.

Out of all the places I have lived, this is the most perfect for me as I grow older and younger at the same time.

Sweetie never thought I could be persuaded to move to Florida.

I will be always grateful to the Morse family for the concept, and for the building of this place and for it's awesome roadside beauty and the upkeep and maintenance of all common buildings that are very hard to keep spiffy in this Florida sun.

I don't work for the developer. I am a sincere fan.

[Ed Krik]

I hope this post will continue to talk about Stonecrest and why some prefer living

there. I personally am thrilled to live in the Villages and would not change a thing,

talking about Stonecrest does not change a thing for me nor does it threaten me. The

Villages is not for everyone and Stonecrest is not for everyone, but it meets a need for

some. If it was not for Mr. Morse and family's vision and risk taking none of this would

exist including Stonecrest. I look around and I am amazed at it all. The many small

business that support the Villages and Stonecrest, allowing people to earn a living raise

and educate there children. I just feel blessed to live here and be a part off

it all. The only thing I would ask of the people from Stonecrest, don't rope

off or put cushions on seats in the town square to save them.:D

[Steve9930]

OK. I've read it all and heard it all before so here is all about Stonecrest. I don't comment to the nonsense any more life is too short. I have lived here for now going over 10 years. Stonecrest is a typical Florida Retirement Community. Everything inside the fence is owned and maintained by the residents, including the roads. So when we get a sink hole in one of our streets we open our check book, not call the county. It is different then the Villages in the fact that it is not a Community Development District. There were no bonds to pay for the infrastructure. The day to day running of the community is done by a management company. The Developer is pretty much done with his portion and now the lots belong to Armstrong Homes. Armstrong is the only builder here in Stonecrest. They have just opened the last section for construction and already there are about 3 homes starting to be built. The community is now run by a Board of Directors elected by the residents. Cash flow is good and amenity fees are $106 per month. For that fee we have 3 outdoor pools and 1 indoor pool, Tennis Courts, the only lighted Pickle Ball Courts in the area, Bocce Ball, Shuffle Board, Softball field, 2 community centers, hot tub, Gym, Library, and a number of clubs just not as many as the villages. When the building is done I believe there will be 2280 homes in the community. Its a quiet place with some traffic but not excessive. The golf course and Country Club are privately owned and the new owner is doing a great job with the restaurant. By the way the Restaurant and Golf Club are open to the public an all are welcome. Just tell the guard at the gate that is where you are headed and they will issue you a pass. We have two gates that allow you to go directly to Walmart via cart, very convenient, sometimes too convenient. From there you can take the dirt path and go to a number of restaurants on the East side of 441/27 and Lowes and all the way down to I believe its the Infamous Paradise Gate. If you care to invest in a street legal golf cart you can cross 441/27 and get to Spanish Springs and all the commercial restaurants there also. I don't see the economics there to purchase one of these over priced vehicles but some have. If I were to invest that much money I'd buy a small auto. I can use it more. But to each his own. I moved here because I wanted to be in a home with a view. The only place I could do that and stay with in my budget is where I live now. I also was turned off by the marketing tactics that were being used to get me to buy in the Villages. Anyway old history. The Villages are very nice communities. If it were not for the Morse Family, and especially the late Gary Morse none of this style of commercial amenities would exist in the area. That's about it. I'd be more then happy to entertain any additional questions, ya all have a nice day.

[dbussone]

OK. I've read it all and heard it all before so here is all about Stonecrest. I don't comment to the nonsense any more life is too short. I have lived here for now going over 10 years. Stonecrest is a typical Florida Retirement Community. Everything inside the fence is owned and maintained by the residents, including the roads. So when we get a sink hole in one of our streets we open our check book, not call the county. It is different then the Villages in the fact that it is not a Community Development District. There were no bonds to pay for the infrastructure. The day to day running of the community is done by a management company. The Developer is pretty much done with his portion and now the lots belong to Armstrong Homes. Armstrong is the only builder here in Stonecrest. They have just opened the last section for construction and already there are about 3 homes starting to be built. The community is now run by a Board of Directors elected by the residents. Cash flow is good and amenity fees are $106 per month. For that fee we have 3 outdoor pools and 1 indoor pool, Tennis Courts, the only lighted Pickle Ball Courts in the area, Bocce Ball, Shuffle Board, Softball field, 2 community centers, hot tub, Gym, Library, and a number of clubs just not as many as the villages. When the building is done I believe there will be 2280 homes in the community. Its a quiet place with some traffic but not excessive. The golf course and Country Club are privately owned and the new owner is doing a great job with the restaurant. By the way the Restaurant and Golf Club are open to the public an all are welcome. Just tell the guard at the gate that is where you are headed and they will issue you a pass. We have two gates that allow you to go directly to Walmart via cart, very convenient, sometimes too convenient. From there you can take the dirt path and go to a number of restaurants on the East side of 441/27 and Lowes and all the way down to I believe its the Infamous Paradise Gate. If you care to invest in a street legal golf cart you can cross 441/27 and get to Spanish Springs and all the commercial restaurants there also. I don't see the economics there to purchase one of these over priced vehicles but some have. If I were to invest that much money I'd buy a small auto. I can use it more. But to each his own. I moved here because I wanted to be in a home with a view. The only place I could do that and stay with in my budget is where I live now. I also was turned off by the marketing tactics that were being used to get me to buy in the Villages. Anyway old history. The Villages are very nice communities. If it were not for the Morse Family, and especially the late Gary Morse none of this style of commercial amenities would exist in the area. That's about it. I'd be more then happy to entertain any additional questions, ya all have a nice day.

You have a nice day as well! I'm happy you are pleased with your home and community. We all deserve that, no matter where we choose to live.

[perrjojo]

Question, did it take six years for her to decide to sell her house or was the house on the market six years?

It took her four years to sell. I can't say if the market there was bad, her house was undesirable or perhaps overpriced. I only know that she sold it two years ago after it had been on the market 4 years. I should haven been more specific.

[gerryann]

Thank you steve9930 for your informative post. You answered many questions.

I have one more. I understand that the golf course and restaurant were purchased recently as you said. I had heard that the retention ponds were now being maintained by the residents? Maybe I misunderstood? If this is fact, is there discussion of the HOA fees being raised? I know you can not predict the future of the HOA fees.....just wondering if there is "rumor" discussion regarding this?

Thanks again. You have a beautiful community.

[CFrance]

excuse me but what exactly do outsiders contribute to our FACILITIES and MAINTENANCE, Hmmmmmm, or are you confusing private businesses with the costs incurred for facilities and maintenance....
The maintenance of the facilities you mention is supported by the dollars spent by the public using these facilities. They are open to the public, not just to TV. Your original statement just does not make sense.

[Steve9930]

Thank you steve9930 for your informative post. You answered many questions.

I have one more. I understand that the golf course and restaurant were purchased recently as you said. I had heard that the retention ponds were now being maintained by the residents? Maybe I misunderstood? If this is fact, is there discussion of the HOA fees being raised? I know you can not predict the future of the HOA fees.....just wondering if there is "rumor" discussion regarding this?

Thanks again. You have a beautiful community.

When you build a community like Stonecrest you have to have a storm water management system designed per St Johns Water Management. That usually consist of ponds to hold the run off from the streets and parking lots, etc. Stonecrest residents are responsible for these ponds always have been since day 1. They are not responsible for ponds that are strictly owned by the Golf Course. When the Developer sold the Golf Course the first time there were some changes to easements and I don't know if he transferred one of the ponds to the HOA or not. I do know we are not responsible for any pond that does not have storm water draining into it. Nothing new has been added since that sale which I believe was about 2 years ago. There was a recent sale between the second Golf Course owner and the new owner about 3 or 4 months ago. These people seem to have made a real commitment to the community. We also have some drainage that comes into one of our ponds that is used for storm water drainage from the Villages Historic side. You will hear about some nonsense and probably find a video with people complaining. It has about 25% truth and 75% nonsense and its about 2 years old I believe. People do not understand that the developers are in total control until they are finished with their portion. They never read the documents until they have something happen they don't like and then its a problem. The Developer is now complete and out of the picture as of last December. The residents now have it, all of it. Except the Golf Course and Country Club. These are privately owned.

The HOA Fees have been kept at $106 for this year. I got here in 2004 and the HOA Fees were $102. They sometimes go up about $1 per month. I would expect an increase next year since its been $106 for two years now.

If you are thinking about buying in the Community there are three documents that regulate Stonecrest, Declaration of Covenants, Articles of Incorporation, and the Bylaws. I would ask for a copy of all three. There are electronic versions of each. The other document that regulates communities like Stonecrest is Florida Statue 720. It will give you a good feel about the regulations in a community like Stonecrest.

If you need anything else fell free to ask.

[graciegirl]

Thank you steve9930 for your informative post. You answered many questions.

I have one more. I understand that the golf course and restaurant were purchased recently as you said. I had heard that the retention ponds were now being maintained by the residents? Maybe I misunderstood? If this is fact, is there discussion of the HOA fees being raised? I know you can not predict the future of the HOA fees.....just wondering if there is "rumor" discussion regarding this?

Thanks again. You have a beautiful community.

Gerry Ann. I thought you lived here in The Villages. Was I wrong?

[gerryann]

Gerry Ann. I thought you lived here in The Villages. Was I wrong?

Yes, I do live here in the villages. We are simply investigating all options for a possible move in the future. Been looking in TV, Stonecrest and even in Palm Coast (I miss the ocean). Nothing for sure right now. We are also investigating assisted care facilities for a member of our family, so our desision to buy is based on a lot of things. It doesn't hurt to find out about other communities nearby, plus it has generated a lot of lively discussion. 😃

[Indy-Guy]

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.

[gerryann]

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.

You are absolutely correct. The homes in TV appreciate rapidly and that it a huge consideration in our desision.

[er9027]

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.

[joldnol]

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]

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]

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

[graciegirl]

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]

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]

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]

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]

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]

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]

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]

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]

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]

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]

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]

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]

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.