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Talk to a Specialist →What you actually pay each month at Cresswind Victoria Gardens
Cresswind at Victoria Gardens is an active construction community — HOA fees are set by Kolter Homes during the development phase and may adjust as the community matures and the HOA transitions to resident control. Verify the current fee directly with Kolter before closing. The estimates below are based on comparable Cresswind communities in Florida and should be treated as directional, not exact.
New construction buyers at Cresswind do not face the Save Our Homes reset — there is no prior owner with a capped assessment. Your assessed value is established at purchase price and the 3% cap applies from Year 2 forward. Budget for the full assessed-value tax in Year 1.
| Component | $330K Home | $400K Home | $470K Home |
|---|---|---|---|
| HOA Fee (est. — verify with Kolter) | ~$200–$270/mo | ~$200–$270/mo | ~$220–$290/mo |
| Property Tax (prorated, Volusia Co.) | ~$216/mo | ~$288/mo | ~$360/mo |
| Homeowners Insurance | ~$170–$235/mo | ~$195–$270/mo | ~$215–$305/mo |
| Estimated Monthly Total (excl. mortgage) | ~$586–$721 | ~$683–$828 | ~$795–$955 |
How Cresswind Compares to Latitude Margaritaville on Cost
At a $400,000 purchase price, Cresswind Victoria Gardens runs approximately $683–$828/month in carrying costs. Latitude Margaritaville at a comparable $400,000 resale entry point runs roughly $830–$920/month plus CDD. Cresswind is $150–$250/month cheaper — primarily because the HOA is lower and there is no CDD assessment. The trade-off is amenity scale and brand recognition.
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Ownership cost over a decade — $400K purchase
| Year | HOA (est. 3% annual) | Tax (est. 3% cap) | Insurance (est. 5% annual) | Annual Total |
|---|---|---|---|---|
| Year 1 | $2,820 | $3,456 | $2,820 | ~$9,096 |
| Year 3 | $2,993 | $3,562 | $3,108 | ~$9,663 |
| Year 5 | $3,176 | $3,670 | $3,424 | ~$10,270 |
| Year 10 | $3,682 | $3,913 | $4,369 | ~$11,964 |
| 10-Year Total | ~$32,700 | ~$36,300 | ~$33,900 | ~$102,900 |
Related Research
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Get Free Research Help →Tax estimates use Volusia County's median effective rate of ~0.96% after standard homestead exemption. HOA fees are estimated based on comparable Cresswind communities — verify current fees with Kolter Homes. Insurance ranges based on current Volusia County market conditions. Nova55Living has no financial relationship with Kolter Homes or Cresswind at Victoria Gardens.