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Old 01-20-2011, 07:04 AM
 
Location: Macao
15,691 posts, read 34,684,028 times
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How much $$ per year on Property Tax and House Insurance?

Just curious how much most of you pay for these things for your property in Maryland.

Actual figures would be great! If you don't want to do that, a general ballpark that includes yours is alright too, if you don't mind.

Also, what part of Maryland do you live in?
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Old 01-21-2011, 11:02 PM
 
770 posts, read 3,345,281 times
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Property tax for a house appraised at 270K is 2000 a yr. House insurance around 650
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Old 01-22-2011, 03:20 AM
 
Location: Greenville, NC
2,051 posts, read 4,843,973 times
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Home owner's insurance tends to be lower than the national average due to a lack of natural disaster risk. Automobile insurance is much higher. Property taxes are dependant on where you live. They tend to be higher but only because the homes cost more.
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Old 01-22-2011, 11:13 AM
 
Location: Maryland
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Single family, 1,584 sq' on 1.7 acres in southern Carroll County. Tax assessment = $276K (down from $362K), Tax - $3,178, my land is worth quite a bit more than my house. HO - $468.
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Old 02-02-2011, 06:05 PM
 
Location: MD
45 posts, read 117,540 times
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Property tax is outrageous in Maryland, and Baltimore City fahget about it! You will pay min of $4,000 in Prince George's Co. for a $250,000 home. As you head down rt 50 taxes are the same but you have safer neighborhoods and more substantial homes. I live in Baltimore County and the average is $2500-3500. Insurance is low, but Auto insurance is high here in all parts if MD.
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