Island Living Questions

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Originally Posted by TiltonBB

There is no such thing as a "view tax" or a "waterfront tax". The tax rate is exactly the same no matter where you are. It is simply based on the assessed value of the property multiplied by the tax rate. It is really not that complicated. If your property is worth more because you have a great view or it is on the water then it is valued higher by the assessor. But there is no different tax rate that depends on the location or the view.

Another post referred to the seasonal use of island property and the fact that they are taxed year round. That is true but the island property may have a lower assessed value because of that island location and that will be reflected in the real estate taxes.

If you have a condo boat slip, such as at Mountain View Yacht Club, you pay the same tax rate but cannot use any town services like the library or the town beach, even though you are a Gilford taxpayer.

It is a simple concept but so many have a difficult time understanding it. Thanks for trying once again to clarify this issue.