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BroadHopper · 11-16-2023, 06:34 AM

John is right. My condo may not be on the lake but I have deeded right to lake access. Tax valuation is based on nearby property sold. I bought my property in 2007 for 98K. My goal is to retire here. Now tax evaluation is $400K! My taxes did not increase fourfold but it more than doubled.

A friend of mine lives near town. In 2009 he paid 85K for his home. He does not have access to the lake but uses the town beach. His valuation today is only 149K. He sees his tax decrease. He's in a better position to retire!

There must be a better way to tax assessment. Perhaps square footage and acreage???

11-16-2023, 06:34 AM	#38
BroadHopper Senior Member Join Date: Oct 2004 Location: Laconia NH Posts: 5,513 Thanks: 3,119 Thanked 1,090 Times in 784 Posts	Valuation John is right. My condo may not be on the lake but I have deeded right to lake access. Tax valuation is based on nearby property sold. I bought my property in 2007 for 98K. My goal is to retire here. Now tax evaluation is $400K! My taxes did not increase fourfold but it more than doubled. A friend of mine lives near town. In 2009 he paid 85K for his home. He does not have access to the lake but uses the town beach. His valuation today is only 149K. He sees his tax decrease. He's in a better position to retire! There must be a better way to tax assessment. Perhaps square footage and acreage??? __________________ Someday may never be an actual day.