Quote:
Originally Posted by orlandoyankee
Just for my own curiosity, define "pretty high property taxes". I know NYS property tax rates are high. But, for a $200-250K house in the Ithaca area, what would I expect for taxes? And is there some kind of reduction for seniors?
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Sorry it took so long for me to see this...
In Tompkins county, it can be as high as $40 on $1000, so if your talking a $200K house, it could be as high as $8K. It depends a lot on the location, so make sure you ask if you ever do any house hunting. We live right over the county line in Schuyler, and it's made a huge difference on our taxes. Then there is the STAR exemption, which helps a little, and Schuyler offers a senior discount (don't know about Tompkins).
We were almost scared off by talk of high taxes, but it turned out to be okay for us. We just factored that into our price point when we were house shopping.