Has the price of RV lots ever come down yet?

I'm thinking about people that read through this topic that maybe interested in purchasing an rv lot. What is an adequate rv lot for one person would not even be considered by someone else. Some people have bigger budgets for snow birding than others. I think there are folks who are discouraged about snow birding if the prices listed are beyond what they are comfortable with.

One of the biggest factor affecting RV folks is the price of fuel to get to and fro. In many cases the 55+ crowd has elected to park their RV on a lot and leave it there. Now I am seeing those folks trading from an RV to a Park Model. Yet there remains a need for a market where folks can still use their RV to spend winter in warmer places.

Finding a park where you are comfortable with other members, gives you the option of ownership, and fits in your budget can be daunting. Going back to the original question, have prices come down? . If you ask me they have gone down in many of the parks in the RGV. If the demand comes back they will rise, unfortunately economic factors are keeping people home.

Be careful when buying a RV lot, make sure you can live on lot year round, I knew some owners that bought a Boulder City NV RV lot and lived on it for a couple years than the city forced the laws on the books that no one could live more than 6 months a year on RV lot, many that bought did not know this..

pawatt wrote:
Our lots average about 32 X 100 ft. some smaller, some larger. We are allowed a 400 sf Texas room plus an RV or park model. or a 160 sf shed. our dues are $59.00 a month and include a cleaning person and a maint. man for the common areas, office help, security from 10 P.M. to 6:00 A.M. daily. Garbage pickup & much more. We have a pool & spa, large clubhouse with library, computer room & pool hall. Outside is a party area with gazebo, shuffleboard & horseshoe courts. There are many planned daily activities. We own our land by deed. This is near Mission Texas.

Sounds like a good deal and a nice place to roost for the winter.

The amount of the monthly dues has a lot to do with the amenities in these kinds of places and of course if your the type to not use the amenities it just doesn't make sense to buy a property in a community where you wouldn't take advantage of the amenities. Our HOA fees are 335 per month and include unlimited access to 27 holes of PAR 3 golf, 14 tennis courts, top notch large Gym, 8 swimming pools, billiards room, library, restaurant, bar, RV parts store with excellent prices, two club houses, full time activities director, all maintenance of the resort and personal lot done (except trimming of trees on your lot) etc etc etc. However, if you are not a golfer or really active type sports person the numbers can get to the not worth it column pretty quick. Lot prices are anywhere from 50 to 200 thousand and are 35 X 70 and up. Most who buy these properties are here for a long time and after 8 or 12 years they tend to pay for themselves. Many rent their lots out when they go on road trips and monthly rents are anywhere from 1100 to 1600 per month depending on what location, what the owner includes, (furniture, golf cart etc). I would recommend anyone buying a property in a place like this to look at a 10 year plan and make decisions based on those numbers. Even Par 3 greens fees for 2 people 4 or 5 times a week can add up 1000 bucks per month pretty quick. Depending on how many months per year you intend to use it (or for that matter rent it out) it can make sense...or not.

JMHO

Our lots average about 32 X 100 ft. some smaller, some larger. We are allowed a 400 sf Texas room plus an RV or park model. or a 160 sf shed. our dues are $59.00 a month and include a cleaning person and a maint. man for the common areas, office help, security from 10 P.M. to 6:00 A.M. daily. Garbage pickup & much more. We have a pool & spa, large clubhouse with library, computer room & pool hall. Outside is a party area with gazebo, shuffleboard & horseshoe courts. There are many planned daily activities. We own our land by deed. This is near Mission Texas.

I'm intrigued by the question, or at the very least, interested in the answers. The answers so far provoked more questions for me. In the RGV I know you can find RV Lot Certificates/Shares in nice established 55+ parks for less than $5,000 and some in newer parks at much higher prices.

What wasn't mentioned are what the yearly dues for an RV Lot?
I noted some lots had permanent structures, what are people putting on the RV lots or permitted to put on lots? How big are the lots or what is the usual dimensions? What amenities are in the park?

Alligator Park in Punta Gorda FL has a sale going on its last few full hook up RV sites. $15k down from the regular price of $39,900. A nice park, check out its web site. Resident owned park.

pawatt wrote:
In our park prices have been stable to maybe a tiny drop. Sales this year have been brisk and there is only 1 prime lot available. There are several less desirable lots that border the main road and sales on that street are slow.

Real Estate prices in Texas as a whole did not drop much like many areas of the country. My brother bought a $250,000. condo in AZ last year for $120,000. He claims it has already regained 15 - 20% 0f its value since he purchased it.

He is probably right. I bought a condo in Florida and it has already doubled what I paid for it.

That is a very good price! We may swing by this weekend. Thanks!

qtla9111 wrote:
Retama in the RGV (Bentsen Palms) has a couple lots with unfinished coach house for around $48,000. Love that place.

They also offer a free 3 day stay if you talk to the sales person, Reservations required.

If you are in the area also check out Green Gate Grove, Improved lots from $16,000. to $25,000.

Retama in the RGV (Bentsen Palms) has a couple lots with unfinished coach house for around $48,000. Love that place.