I totally agree with that perspective. There are many advantages to owning a home over the years including tax advantages.

Oh yes you’re right Mark! It is a plan that the Ft Myers region built but I had not seen it in Sarasota. Thanks for watching!

Hi Peter, inventory homes are usually priced to include the lot price. I will confirm and get back to you.

Thank you I didn't know that. Are all those homes are going to be inventory? If not what would be the lot prices.

Hi Peter, In the Cottage series, the smaller homes, the lots range from $15k- $30K. In the Lake series they range from $195K - $250K. They will do To Be Built thus the lot price sheet. I am not certain but I don't think there are any completed specs right now but 5 or 6 city homes coming soon. I will confirm and get back to you. BTW, I love David Weekley's style also.

Thank you.

Hi Michael, thanks for watching. You could estimate 18 to 24 months from most builders. Was there a particular builder you were interested in?

@@FloridaGulfCoastLiving Lee

@@michaelcarr7785 I have a call into Alyson so I will get back to you asap

@@michaelcarr7785 I got a response from Alyson. She says 18 months! Want to chat about the possibilities?

@FloridaGulfCoastLiving hi too long thanks for the eff

Yes Barbara!, Look at the video at about 12:39 and you will see artists rendering of the planned:AMENITIES RESORT STYLE POOL CABANA LAWN AREA PICKLE BALL FIRE PIT DOG PARK BOAT DOCK WITH WATER TAXI TO WATERSIDE WWW.LWRWATERSIDE.COM. Let me know if you need any other info.

Hi coralpetals! Increases in HOAs are too hard to predict as there are so many factors like insurance which no one is happy with at the moment. Usually, after a community is built out and sold, the HOA is turned over from the builder or their hired company to the residents. THen the residents form a board and the operating of the HOA may be done by a management company. CDDs are usually 25 - 30 years. It's a bond the builder takes out with the county. Homeowners rarely pay that off. It's just wrapped in with real estate taxes. Hey, thanks for watching!

@@FloridaGulfCoastLiving Thank you so much for this most educational reply!

@@FloridaGulfCoastLiving I echo Susan's remark. Way too many factors to estimate how much an HOA will change. The community I live in held HOA Dues constant for about 10 years. Recent increases in gas, and therefore, landscaping, have led to a slight increase in HOA dues. CDD's are generally created on a 30 year bond, however, there is a possibilty that a CDD may be extended. I would consult a real estate management attorney for those specifics.

@@judyathari6524 Thank you again for this very helpful information. I’m sure everyone reading these comments really appreciates it! I’ve never lived in an HOA but feel if a cost increase is one we know is coming, it’s something we can start planning for well in advance so it doesn’t hit like a wall of bricks. Glad you only saw a slight increase!

Thanks! The earrings are from J Crew this Spring. The pantsuit is from Boden (UK/USA) a few years ago. As you can tell, I'm quite petite in height, and they offer a nice range of sizes both Petite and Long. I love the vibrant colors in their fabrics.

I will get Judy to answer the lanai question but basically you can extend the lanai as long as it doesn't go beyond the lot line. Not sure about the fence. Probably a low 4' metal fence especially if on the water as you can't block the view for your neighbors. And the noise was definitely from the community construction.

@@FloridaGulfCoastLiving Thank you for this reply!

Very good question! I'll work on getting that answer for you, hopefully early this week.

@@judyathari6524 It’s no rush, and thank you in advance!

I second this request, though I’m not retired/retiring. Thank you in advance for considering it! I have to say, I truly appreciate that you cover properties of all prices in your videos. It distinguishes you quite favorably from other channels, especially in this day and age when home ownership is becoming more and more of a challenge for most.

@@coralpetals Thank you for noticing. We try to provide a snapshot of the whole market.

Carmen, unfortunately, the closer you get to Sarasota, the higher the cost of the homes. We might be able to find a Villa or smaller home for you. If you're available, we'd love to talk with you to find out your wish list for you new home within this budget.

@@judyathari6524Again, this is so appreciated, and I hope it rewards you both in new clients. You truly do a phenomenal job!

@@judyathari6524 🕊✨ Good Morning Ms. Judy, Your reply it’s Appreciated. I recently subscribed to the Platform in Order to See the trends and the Market. We are looking to move to the Sarasota near Areas. Our limit line will be North Port. ( last Alternative ) Looking forward to keep in Contact. Have a Pleasant Day! Blessed and Happy Mothers Day 🌹

Noted! Maybe we will tag this on the end of a tour every month. Thanks for watching.

@@FloridaGulfCoastLiving Sounds great! Thank you so much! 🙏 🙏 🙏

We often share incentives offered by individual builders too. The challenging part is these incentives and prices change frequently so if you are planning for later in the year, they may no longer be relevant.

@@judyathari6524 Thanks for the reply, Judy. I definitely understand that caveat, but I think it would still be informative to see the trends. Either way, I’m very grateful for the information you both provide!

Thanks for watching! We try not to take ourselves too seriously 😊. We always have a good time doing these videos.

Thank you - we enjoy what we do and try to be ourselves.

Thanks for watching Bradley! Typically you would estimate your HOA insurance to cost 1.5% of the price of the house. New homes are easily insured with all of the improved construction codes.

Thanks Coralpetals. We just want to get the information to our viewers so they know what is going on in our market.

Hi Coral Petals - For POF, a bank statement is usually sufficient. We encourage you to black out the account information before you send it over. As I recall, there are sidewalks on both sides of the street. As for walking trails, this is still a community under construction. I know of one, and possibly more planned but I can't confirm that right now. I''ll work on that. The sister community, Crosswind Ranch will have more natural areas and more trails. HOA and CDD dues are dependent on the size of lot and type of home. The Villas have more outside maintenance so they have higher HOA dues. The Single Family Homes HOA was $45/Q . CDD varries from around $1300/year for Villas to $2800/year for the larger lots. Do you live nearby or do you plan to visit? I can get information on specific homes for you and plan for your visit.

@@judyathari6524 Thank you so much for this very helpful reply! I don’t live nearby and am undecided between Wesley Chapel and Parrish at this point. I really like this property but longer commuting times are something to consider. Thanks again!

@@coralpetals I've worked up near Wesley Chapel in New Tampa, I might be able to assist with persective on your commute and other concerns. If you'd like to set up a zoom call, we'd love to hear more about your requirements for your home and travel. Personally, I like the Parrish location - still an drive to Tampa & St Pete but also super easy access to Anna Maria Island, St. Armands Circle and Sarasota. It's also convenient to several airports for trips that take you farther away.

CarolPetals - Which floor plan did you want the price on? Both of them cab be quite exquisite.

Thanks for watching and please subscribe if you have not already. No it’s not a 55 +. Currently Crestwind by Kolter in Lakewood Ranch is the only one selling right now. Del Webb is sold out but the possibility of a resale is there. I believe there are plans for 2 more coming in 2025. Is that your preference?

@@FloridaGulfCoastLiving Don't forget Del Webb Bayview in Parrish! There is also an additional Del Webb and another Kolter Community planned for Parrish. That will be Kolter but not a Crestwind Community. We should have details for both late in 2024. What about a 55+ Community interests you? North River Ranch may still have some feature and amenities you'll like.

Hi @onemichelle. I wish I had the answer to your question. I have 2 people that are being priced out of their condo because the HOA fees have doubled to pay for increased insurance rates. After the awful event in Surfside, Fl. "the state requires a "Milestone" inspection to determine the condition of condos that are of a certain age. buildings that are three stories or taller can now undergo a “milestone inspection” after being occupied for 30 years, unless local officials deem that there are “local circumstances, including environmental conditions such as proximity to salt water,” that would require a milestone inspection every 25 years if they were within three miles of the coastline." Because many of the condos on Siesta are of that age they are required to get that inspection which may or may not affect insurance rates. At this point, it is my guess that rates have hit the market and most HOAs are feeling the effects. Will there be another increase? It's too hard to say. Supposedly the insurance market is in the process of "righting" itself. But will rates go down? Perhaps with major improvements like new roofs that might get paid for by an assessment, the rates will decrease. Buying a condo requires a look at the financials, the meeting minutes and the current and proposed budget. That way you know if the expenses are going to be more than the reserves on hand as that would require an assessment or an increase in monthly fees. Let me know if you want to investigate any condos on the key. I live around the corner and love going out there with customers. I hope this helps.

No Stefanie, not usually. They might if it is included in a spec home. But there is always a first time. Are you interested in any particular community?

Hi Lauralee, thanks for watching. I seem to recall from Billy that the price was just over 1 million but I’ll check and get back to you.

it would be nice and helpful if you can give a price or price range ,😂

Hi, the sales rep., Billy, says they don't have a price for the model but you could build one comparable for about $1.25M. A Crystal without the bonus room with a pool and lot included would be around $820K and in fact they have that one listed in the MLS. Hope that helps. Let me know if you are interested.

Hi Tammy, thanks for watching! Bradenton Beach is the closest and takes about 10-15 minutes. Anna Maria Island is connected and is about 20 minutes in season.

Thank you so much for watching! Inland does a great job. And the reps are great.

We agree!! I think they may also have some additional floorplans or updates to the current plans coming soon. Please keep in touch until you are ready, we'll do our best to keep you informed of all the new news!

Thank you so much!!

That's great! We are excited for you!

Hi Doreen, Thanks for watching! I went to Vistera after I saw your comment because I didn't remember seeing any apartments going up. Well, indeed there is an apartment complex being built just outside of the entry to Vistera. It is a luxury apartment development that will be gated and they will have their own amenities. Visteria will have 2 entries/exits and will also be gated so there won't be traffic coming from the apts. through the community. Don't know the name of the apts. but if they are luxury and they say they are, then there won't be any problems.

Yes, I agree! Just an additional 1 foot for each lot makes a big difference going from a 10’ to a 12-14’ space between homes makes a big difference in the feeling of having more privacy. But most new home communities are more like 10-12’ max. Makes for tight living space.

It is in a great spot- expecially if you are commuting to another area for work. They offer thoughtful floor plans that provide an unexpected amount of usable space.

Hi and thanks for watching. I’m not familiar with the dead cat bounce analogy. But yes January closings were from last year. Resale prices may stabilize more but with demand continuing. It’s unlikely they’ll fall anytime very soon. Too hard to say about the builders. We don’t get their data about sales. I wish we did.

Hi Cheryl, Thanks for watching. That villa sold for $435,000 in Oct. of last year. Are you interested in Beachwalk?

Thank you for watching! We only wish that we could get that new home sales info! That would be great!

Thanks for watching. I couldn’t agree more.

We appreciate your solid input.

Hi and thanks for watching! I think a lot of people would agree with you about the economy in the coming year. Election years are always a little shaky. Incentives are usually targeted to variable factors but are not deep discounts unless it is an inventory home.

Princes have much further to fall

Well, my crystal ball is broken so I can't predict but IMHO, rates need to fall and prices stabilize for sure.

Wow Judy, the showings you looked at sound so familiar. Haha. It was really great to meet you!!

Cardel is big on windows and with the added height of this great room they took full advantage. Not sure why they put carpet in the bedrooms, interesting. It may not be an upgrade at all.

Hi, Thanks for watching. This is a gorgeous house. I am not sure what you are referring to but the cabinets are as deep as the rest. THe frig does stick out some but maybe counter depth wasn't available? IDK but you can build whatever you want with Cardel as the design center is limitless.