McMansions

[HillCountry]

REWahoo, in that case it is not local school district. More than half of the tax to ISD for me is not used for my schools. So you should think it as government usage.

[Jack_Pine]

Quote:

Originally Posted by REWahoo Texas property taxes are high due to the sad fact that property taxes fund education, something right out of the 18th century.

True in Illinois as well, perpetuates inequality in my mind. Wonder ha many states do that.

[Meadbh]

Quote:

Originally Posted by Danmar My Toronto condo is about .5%, lake house about .75%, Canmore house about .6%. We have a friend who lives north of Chicago on Lake Michigan who pays about 2.5% on a multi million dollar place. Not sure why there is such a variance in property taxes in the US?

There is a big variance in Canada too. For example, when I lived in Winnipeg, I was paying over 3% of the value of my home. The reasons were twofold: relatively low house prices, combined with old infrastructure (sewers, etc) and harsh weather (more potholes to fix every spring).

In BC I am paying 0.33%.

[kcowan]

Quote:

Originally Posted by Meadbh In BC I am paying 0.33%.

Yes 0.3% is a pretty good average for BC.

[Meadbh]

I like this one in my neighbourhood. Not a McMansion, but a heritage home that has been tastefully expanded. Great location. Reduced by $800,000!!! Taxes $22,211 (0.56%).

1998 Abbott Street, Kelowna, BC - Jane Hoffman Group

I wont be moving anytime soon.

[mpeirce]

Quote:

Originally Posted by Meadbh Reduced by $800,000!!!

Canadian dollars I assume. So that like $100 US?

[Meadbh]

Quote:

Originally Posted by mpeirce canadian dollars i assume. So that like $100 us?

$607,635.48 us.

[Big_Hitter]

Quote:

Originally Posted by Meadbh I like this one in my neighbourhood. Not a McMansion, but a heritage home that has been tastefully expanded. Great location. Reduced by $800,000!!! Taxes $22,211 (0.56%). 1998 Abbott Street, Kelowna, BC - Jane Hoffman Group I wont be moving anytime soon.

sweet house - little beach volleyball? I wonder if it's taking on water with that storm...

[Meadbh]

Quote:

Originally Posted by Big_Hitter sweet house - little beach volleyball? I wonder if it's taking on water with that storm...

That is a lake, not an ocean. The storm is a long way away.

[Big_Hitter]

Quote:

Originally Posted by Meadbh That is a lake, not an ocean. The storm is a long way away.

thanks for the clarification - that's actually close to a house i own in PA - wonder if they will do a straight trade

[laurence]

Quote:

Originally Posted by Bamaman Reality in one part of the country is different than that in other regions. My house is 5200 square feet with two double car garages. My utilities have been running $400 in the hottest months of this somewhat hot Summer. And it's because I only run one a/c system--and leave the downstairs unit off. The utilities are not the problem in Texas--it's the property taxes. When my best friend in North Dallas had property taxes go to $50K per year, he sold the house and moved into a luxury rental apartment. His house in Seaside, Florida has property taxes over $10K though. Just be glad you live in the city with the best overall weather in the continental U.S. It's a shame that real estate in many California cities have demand based prices vs. a cost of construction basis'.

Yes, 72 is the high here today, although it's going to hit 80 mid week, yuck. We have a leased solar system that nets a savings of about $20/month - our electric bill in August was $10 but we had to pay the $75 lease payment, of course. But what's annoying is how high the base payment for water and sewer was. Our bill was $90 and $70 was fixed costs - only $20 bucks to wash five people's clothes, bathe, water my yard etc? But they want us to cut back on water use??

[2017ish]

Quote:

Originally Posted by Cobra9777 ... For whatever reason, different states prefer to tax different things to raise revenue. ....

And then there is our former state of Illinois, which preferred to tax everything. Knew that TN was going to have less tax impact, but still were pleasantly surprised...