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Old 01-25-2013, 09:23 AM
 
Location: Pagosa Springs, CO
80 posts, read 138,696 times
Reputation: 93

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Thanks for the responses. I appreciate the insights. I also appreciate that not everyone took my post of of context.

btw, Pagosa does have a small hospital that looks to fit most of our needs: Pagosa Springs Medical Center - Hospital Emergency Room, Clinic and Critical Access Hospital in Pagosa Springs

... and the Wal-mart thing is still ongoing, I think. This was the last article I read about it.

Pagosa Springs Daily News: Walmart Gets Planning Commission Approval, Part Two
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Old 01-25-2013, 09:34 AM
 
9,830 posts, read 19,523,464 times
Reputation: 7597
Pagosa is one of those places where average income folks in the last decade thought they were rich because they could secure a big mortgage and thought they could "retire" to mountain Colorado. Then reality hit when the economy tanked and it was found that debt was not wealth.

Lots of properties for sale, but Pagosa has always been trying to get off the ground as sort of a retiree/tourist retreat and has never quite made it. Problem is that it is very isolated for most people's taste, especially in winter. If you are older that complicates things as well.

Certainly a place worth renting first before buying. Because once you buy, it's not going to be easy to sell.
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Old 01-25-2013, 03:04 PM
 
Location: OKLAHOMA
1,783 posts, read 3,602,994 times
Reputation: 942
What are property taxes going for? What is the sales tax there? I never look when I buy in that town. Whenever I look at property, it doesn't list the property taxes. I better be taking closer looks at that and water. As far as hospitals are, I have to drive 45 minutes each way to a clinic now and that far for milk or bread too so rural isn't a big deal for me. Although, in an emergency it might be!!!
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Old 01-25-2013, 04:23 PM
 
Location: The Berk in Denver, CO USA
13,941 posts, read 20,184,988 times
Reputation: 22559
Default Data are your friends

Quote:
Originally Posted by debbie at bouontiful View Post
What are property taxes going for? What is the sales tax there?
Property taxes.
Not shown in Zillow. Weird.
Surf to Tax Calculator for property tax info.
Search by address click on the results.
Example
1265 S Pagosa Blvd, Pagosa Spgs, CO 81147 - Zillow
Tax Calculator says: $1169 (which seems low to me)

Sales taxes in Colorado tend to be:
8% in cities and towns
5% in unincorporated county areas
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Old 01-25-2013, 04:37 PM
 
Location: OKLAHOMA
1,783 posts, read 3,602,994 times
Reputation: 942
It said 2700 on a 450,000 home. That is lower than here in Eastern OK. If you bought a home for 450,000 you would pay around 4500 a year or 1 percent. I am on a ranch so I have a huge deduction of property taxes. You have to have so much land so many cattle with horses excluded. But I would be quite happy with that property tax on that house. IF CORRECT.

Thanks for the info on the tax calculator. As long as I've been looking at homes in Pagosa, Chama or Trinidad I didn't know about that calculator. Learn something every day.
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Old 01-25-2013, 04:47 PM
 
Location: The Berk in Denver, CO USA
13,941 posts, read 20,184,988 times
Reputation: 22559
Default Colorado and property taxes

Quote:
Originally Posted by debbie at bouontiful View Post
It said 2700 on a 450,000 home.
About right. The example I found on Zillow, the county said: market value $247K.

Two kinds (that you really care about) of property in Colorado.
Improved land with structure - taxes will be about 0.6% to 1.0% depending upon municipality
Agricultural land - taxes will be about $1/acre/year.

So, if want a lot of land, you know what to do.
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Old 01-26-2013, 05:51 PM
 
Location: Durango, CO
118 posts, read 276,598 times
Reputation: 184
Quote:
Originally Posted by debbie at bouontiful View Post
It said 2700 on a 450,000 home.
That's actually a lot higher than here in Durango. We pay less than $1,000 annually on a home purchased for >$500k.
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Old 01-26-2013, 07:04 PM
 
Location: OKLAHOMA
1,783 posts, read 3,602,994 times
Reputation: 942
Colorado property taxes are lower than OK. I am happily surprised!
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