View Single Post
Old 08-28-2019, 05:13 PM   #61
LIforrelaxin
Senior Member
 
LIforrelaxin's Avatar
 
Join Date: May 2006
Location: Long Island, not that one, the one on Winnipesaukee
Posts: 2,263
Thanks: 792
Thanked 653 Times in 354 Posts
Default

Quote:
Originally Posted by Woodsy View Post
The shoreline property of this lake and many others like it has long ago surpassed being affordable by a Regular Joe NH resident.

Almost every shore front owner complains about the property appraisals and the taxes... (its my 2nd home, I have no services blah blah blah) You can blame your neighbors.. the ones who sold out and cashed out... ultimately raising the value of your property to the point where it becomes unaffordable to you or your family. Then you too will sell out and cash out.

It sucks... but it has been that way for generations.

Woodsy
The point is being missed, what we are seeing in Moultonborough isn't just about the shore front property owners. I know who and what is to blame for lake front property values.

While the lake front property values went up the most, across the board the town just increased the taxable value of every piece of property. Even the guy in the woods.... Here is the thing that is wrong with that. Should every paracel of land be worth the same amount, as long as it is the same size?

I looked at the land values for every property on the road I am on, most of which are exactly the same size. Guess what they are all the same... Now mine has no landscaping, others are highly landscaped. (none anymore are wooded)... Some are easily build able, others like mine are not With the current set back laws building on my property become difficult, as it is pie shaped. But I have the same number of feet on the water as everyone else, so my property value is the same.....

Has it always been like this yes. I remember my father objecting to the Town, back in the nineties.... Bottom line in some regards these values are being derived based false metrics.

I completely agree with the structure values that a in the report. In fact i think they have undervalued everyone house.

Bottom line, is and still is, NH is willing to screw those that are willing to invest in their state. Eventually the lake is going to become the state of the Rich, and their servants because no-one else is going to be able to afford property Taxes.....
__________________
Life is about how much time you can spend relaxing... I do it on an island that isn't really an island.....
LIforrelaxin is offline   Reply With Quote