Overall, the house is great - very clean, modern, nicely decorated, great pool (the kids loved the color-changing lights at night). The management company was super-responsive to the 2 minor issues we had. The only reason I can't go 5-stars overall is the location. It's not a bad location, per se, but it is probably one of the worst locations within Watercolor. Not really walking distance of anything. The golf cart and the bikes are nice, but we didn't really want to bike going out to dinner, and the golf cart was only going to seat 6 or 7 and we had 11 people in the house, so we had to take a car. It's really a matter of priority - is it worth it to you to pay a premium for a better location? For us, next time the answer is yes.
One other note - the golf cart has seen better days. At speeds above 20 mph the steering got really flaky (i.e. it was quite an effort to drive straight).