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Old 07-05-2018, 09:47 AM
 
21,621 posts, read 31,215,012 times
Reputation: 9776

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Quote:
Originally Posted by JayCT View Post
Your calculation of the taxes on a $250,000 home in Branford is not necessarily correct. You are assuming that a $250,000 home has an assessed value (the home value used by towns to calculate property taxes) of $250,000 which is not accurate. The home price and the assessed value are rarely the same. The best way for the OP to know the taxes to look at the taxes that are commonly part of the real estate listings. From what I see, homes in Branford that are listed at $250,000 have taxes in the mid-$4,000 range with a few going up to $5,000.[/url]
Meanwhile, a 250k home in Denver will have property taxes of less than $1500, approximately a third of what they are in Branford.
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Old 07-05-2018, 09:58 AM
 
Location: Coastal Connecticut
21,760 posts, read 28,094,478 times
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Quote:
Originally Posted by kidyankee764 View Post
Meanwhile, a 250k home in Denver will have property taxes of less than $1500, approximately a third of what they are in Branford.
Point well taken on the property tax, but good luck finding a single family home in Denver for that price that isn’t in a bad area. Prices have gone way up around there.
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Old 07-05-2018, 10:04 AM
 
21,621 posts, read 31,215,012 times
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Quote:
Originally Posted by Stylo View Post
Point well taken on the property tax, but good luck finding a single family home in Denver for that price that isn’t in a bad area. Prices have gone way up around there.
Easily doable in one of the inner ring suburbs. It won’t be a 4 bed 3 bath home like Texas, but like here, it’ll get you a modest ranch.
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Old 07-06-2018, 09:08 PM
 
2 posts, read 1,437 times
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I appreciate all the kind, thoughtful and helpful replies. Keep them coming. Thanks!
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Old 07-07-2018, 01:30 AM
 
Location: New Britain, CT
898 posts, read 598,272 times
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I don't recall the OP saying what type of work she does. Might make a big difference on where one chooses to live. You don't really want to live in Old Lyme if your job is in Windsor. And you want to have a job in place before moving here. And if you are say making $60k in Colorado, and you take a job for $60k in Connecticut, for the most part you are taking a pay cut when you move here.
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Old 07-07-2018, 06:37 AM
 
24,559 posts, read 18,269,032 times
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Quote:
Originally Posted by kidyankee764 View Post
Meanwhile, a 250k home in Denver will have property taxes of less than $1500, approximately a third of what they are in Branford.

Which was exactly my point, rather than quibbling over if it's $4,500 or $5,000. ...and the rest of Colorado thinks $1,500 in Denver is huge property taxes.



I have been in Denver 15 times in the last year. The Denver MSA was 600,000 people in 1950. It's now 3 1/2 million. Sure, you can find an 1890 Victorian in a leafy neighborhood in South Park Hill or Congress Park or University Hills or West Highland but it's not $250K. The engineers all live in plastic boxes that used to be prairie in 1970. They can't afford the old leafy residential neighborhoods within the city limits close to downtown. Those are massively high demand since there is so little of it. Pretty much anywhere in the Northeast, a $250K house is going to be older and it's going to need some work.
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