A brand-new home in a growing community or an established home with mature landscaping? The trade-offs for club buyers.
Florida has both long-established club communities and new ones still being built. Each path has advantages, and the right choice depends on your priorities, your timeline and how much uncertainty you are comfortable with.
The case for new construction
Current building standards. New homes are built to the latest edition of the Florida Building Code, with modern wind protection, energy efficiency and systems.
Choice and customization. You may be able to select your lot, floor plan and finishes.
Warranties. Builders typically provide warranties on workmanship and major systems for a period after closing.
A club that grows with you. In newer communities, the club and its programs are often still taking shape, and early residents may help set the tone.
The trade-offs of new construction
Waiting. Build times can be long, and delays happen.
A community in progress. Construction traffic and noise may continue for years, and amenities may open in phases.
Developer control. Until turnover, the developer usually controls the HOA and sometimes the club. Ask when turnover is expected and what happens to the club at that point.
Community Development District debt. Many new communities were financed partly through a CDD, whose assessments appear on the tax bill. Ask about the annual amount and any remaining bond debt.
Bundled communities by national builders are common in fast-growing areas such as Lakewood Ranch, Naples and Fort Myers. Esplanade Golf & Country Club at Lakewood Ranch, for example, requires a social membership for residents and offers golf as an option.
The case for resale
Move in sooner. No build schedule to wait on.
A known community. The club is established, the membership is in place and you can see exactly what you are buying into.
Mature surroundings. Landscaping, trees and the course itself have had time to grow in.
Room to negotiate. Resale prices reflect the market and may leave space for negotiation.
The trade-offs of resale
Age of the home. Check the roof, windows, air conditioning and plumbing, and get a wind-mitigation inspection.
Updates. Older homes may need kitchens, baths or impact windows brought up to date.
Club capital needs. Established clubs periodically renovate courses and clubhouses. Ask about recent and planned projects, and how they are funded.
Questions for either path
- What does membership cost, and is it required?
- What are the HOA, CDD and any condo fees?
- What is the insurance cost for this specific home?
- How active is the club in the months you will be there?
The bottom line
New construction offers the newest home in a community still finding its shape. Resale offers certainty and a club with an established character. Visit both kinds of community before you decide.
