Earlier this year, one of Forest Villas' first buyers allowed me to scan the original Forest Villas sales brochure. It was created by David Swor, the developer for both The Forest & Forest Villas, back in 1987 when building began. Maybe some of the latest villa owners would be interested in taking a look back.
Brochure Cover |
Don't know if this is easy to see in the picture above, but the front illustration shows a side-loading garage that was noted on the original site plans for Forest Villas. Not all the villa lots had enough room for this option, but it was evidently under consideration during planning. See blow up below.
Page 1 of Brochure |
Page 2 of Brochure |
Page 3 of Brochure |
Page 4 of Brochure |
The aerial site plan also illustrates the side-loading garages that were under consideration at the time. See blow up below.
For a while there, our villas were back at 1987 prices. See chart below.
Price List for Brochure |
I don't think we'll begin to see a significant rise in our home values until the last old roof gets replaced. Otherwise the real estate comps from these foreclosures will continue to drag our values down.
At the height of the boom in 2006, one of the villas, with the original roof, sold for $355k.
This blog is in no way affiliated with Forest Villas HOA.
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