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Originally Posted by This'nThat
The waterfront tax rate at the lake is a little less than 1% of value. That means a $100K house will pay $1,000 in taxes; a $1M house will be taxed at $10,000. This is a lot better than Mass (proposition 2 1/2 is designed to keep taxes under 2.5%)!
So is it the value, or is it the "high taxes"? Before everyone keeps complaining about the taxes, look at the cost of all the other things. What do you pay for your car or truck? Your boat? Your jet ski? Your day on the slopes? What does it cost for a week of groceries? Costs and prices keep going up; and the value of a lakefront home also keeps going up.
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Where do you get your math from, in Laconia,
I am values at $155,000 for the bldg only (condo cottage) and I am paying just over $2,500 for the real estate taxes, the bldg is 400sqft!
When we bought it the taxes increased but we bought it for less than the value they are stating that it is worth does that make sense if the market value when we bought was what we basically paid for it back in September.
I am filing an abatement next year, I missed this years chance
We knew the taxes were high going into it so it was no surprise but still hurts