I don’t really think the plans will be moot, do you?
I think that the developers may have to build to more stringent codes, and buyers will have to check for available insurance coverage before buying, make sure the housing is actually up to code and that the homes aren’t built in a flood plain.
Wellington is sixteen feet above sea level. They can build but will it be there in ten years. We’ll see.
I wouldn’t build (or live) in Florida, for that, and for many other reasons. I know what you mean. 
So looks like the development plans include lots for about 50 or so individual homes, plus another couple dozen townhomes, in addition to a clubhouse, swimming pool, racquet courts, and driving range.
Does anyone know what is the proposed price range for the individual homes and townhomes? I’m just trying to imagine how much money all that will put into the pockets of the developers and wondering how much of it they will spend on improving the Wellington International (nee WEF) showgrounds and building the new dressage compound.
Between the cost of buying a home there, insurance (which is going to be sky-high given the location), and HOA fees, I’m thinking that only the uber-rich will be able to buy there.
It seems the idea is that horses don’t need hacking space or turnout because you can just put them on a lunge line.
I’m up a bit north of Orlando, dead center of the state and insurance rates are sky-high here too. And there aren’t a ton of options, as insurers leave the state or stop taking new owners. This is actually a pretty significant issue and it gets lip service but no action from the state. Edited to add, mine was about $1500 in 2019. Now over $4500. Same house.
By submitting your email, you agree to our Terms of Service and Privacy Policy. You may also receive promotional emails from The Chronicle of the Horse. You can opt out at any time.
For Customers
Company
Terms of Use
