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Old 02-22-2019, 12:36 PM
 
Location: OKIE-Ville
5,369 posts, read 7,549,176 times
Reputation: 3012

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Quote:
Originally Posted by cobolt View Post
We're at about $140-$150/sq ft here in San Antonio. Some more, some less, depending on the location. A home with purchase price of around 175-200K in the city will be at least $5K in taxes per year. Go beyond the city ring to the suburbs and they're maybe 1-2K lower, depending.

I wasn't really looking for a 300K home in OK, or here for that matter. What the heck do I need that much home for? It's just me. I was looking more in the 100-200K range and I don't need anything big. 1200sq ft is more than enough. Tough to find that here for sure. I don't want big house, more maint, more heating and cooling areas. Most homes here are big. The smaller, older homes are in undesirable neighborhoods. I'm not into buying a new build home because of all the foundation issues here. I want something that's had time to settle and show the problems. Anyway, I find it hard to believe that I can't come out ahead unless I buy a home above my desired budget or needs.

I see lots of folks say to stay away from the east side of Norman and focus on the west. I'm wondering (aside from shopping) why that would be? When I was there I didn't see anything wrong with the east side other than it's older. What am I missing?

I'm still milling the whole state income tax thing. That's definitely a downside.

Cobolt

The east side used to be the higher crime side.

There has been a ton of development on the eastside though, so a lot of those old views of that part of town are beginning to disappear. Most of the nicer home development has been just northeast of Norman.
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Old 02-23-2019, 10:14 AM
 
6,284 posts, read 1,533,082 times
Reputation: 3468
Quote:
Originally Posted by Threestep View Post
And then you are in the Oklahoma Outback as soon as a cog in the wheels goes out. How is employment, healthcare, infrastructure, education and basic needs such as grocery stores doing in Altus?

I love those indexes; especially the ones I can compare and chuckle about
There is no Oklahoma outback. The entire state is populated. You have the cities and towns and then you have the rural areas that have farms and ranches. There are few deserted unpopulated areas.

If you go to a smaller town in Oklahoma and pay cash for a home like I did the perils of not having a steady income are greatly reduced. You save up and buy a couple more houses and become a rentier and suddenly have cash flow and diversification. I know personally a lot of people with rental property in small towns in Oklahoma that are living a really good life. The cost of housing in small OK towns is so low anyone can jump into it with even a small nest egg. And if you have a business like I do that is not based on the local economy, what happens in the local economy makes little difference. If the local economy gets really bad make your rentals eligible for section 8.

Much worse to be in a high COL state like California when the cogs in the wheel go out whenever the next enviable recession hits and you can't make your $4,000 a month mortgage payment.
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Old 02-23-2019, 10:47 AM
 
12,517 posts, read 17,132,547 times
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Oklahoma Bound
That is all fine and dandy as long as you are physically able to get from a to b and you have enough income. Ask Nightwish.
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Old 02-23-2019, 01:15 PM
 
6,284 posts, read 1,533,082 times
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Quote:
Originally Posted by Threestep View Post
Oklahoma Bound
That is all fine and dandy as long as you are physically able to get from a to b and you have enough income. Ask Nightwish.

I have houses in the same city as Nightbird47. I spend my summers there. There is a senior citizen bus that takes you all over the town. They are not going to take you to Stillwater 20 miles away of course which is where nightbird47 wants to go. But for dr. appts and shopping it works out great. I have elderly neighbors who get rides 2 or 3 times a week from the senior bus. The town is big enough to have its own hospital and a Wal-Mart. Outside of perhaps specialists you can get everything you need in town without your own transportation.

But the previous post I replied to was more in line of schools, jobs etc down in Altus. I have been through the town and know housing prices are similar to Cushing but I do not know that local economy well or what they have similar to help seniors. I know throughout the state there is fracking which is controversial but adds jobs all over. In Cushing it has the oil pipelines running through it and huge oil storage facilitates so as long as there is oil there will be jobs there. Neighbors on either side of my residence work in that industry and do well. The Best Western down the street is always filled with out of town contractors.

Last edited by Oklazona Bound; 02-23-2019 at 01:26 PM..
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Old 02-24-2019, 08:18 AM
 
Location: Oklahoma
6,138 posts, read 5,836,115 times
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Quote:
Originally Posted by Bass&Catfish2008 View Post
The east side used to be the higher crime side.

There has been a ton of development on the eastside though, so a lot of those old views of that part of town are beginning to disappear. Most of the nicer home development has been just northeast of Norman.
The eastside "crime" thing is ridiculous. Most of the "crime" comes out of the section 8 apartments scattered all over the east side of town. There are a couple of neighborhoods that are a little bit run down and sketchy but there is not a single place in Norman that I would be afraid to live concerning "crime". And in fact there are some pretty nice neighborhoods in the east side close to the less desirable ones.

In general though the area that is considered "bad" is the areas bounded by 12th street to the west, Alameda to the north, Lindsey to the south and Vicksburg to the west.
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Old 02-24-2019, 12:54 PM
 
Location: Stillwater, Oklahoma
13,660 posts, read 12,881,212 times
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Quote:
Originally Posted by Oklazona Bound View Post
But the previous post I replied to was more in line of schools, jobs etc down in Altus. I have been through the town and know housing prices are similar to Cushing but I do not know that local economy well or what they have similar to help seniors. I know throughout the state there is fracking which is controversial but adds jobs all over. In Cushing it has the oil pipelines running through it and huge oil storage facilitates so as long as there is oil there will be jobs there. Neighbors on either side of my residence work in that industry and do well. The Best Western down the street is always filled with out of town contractors.

Maybe it doesn't bother most people in Cushing, but the all the traffic lights in downtown need to stop flashing red, if they still are. To me, it sends out a bad vibe or warning that not all is well in Cushing.
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Old 02-24-2019, 08:34 PM
 
Location: Lawton/ Medicine Park area
81 posts, read 238,081 times
Reputation: 136
Hello all,
A bit late to the conversation but here goes...

Property tax for us is driven by the school district you we live in. I say that because with each improvement the school district would like to do that our house is in, everyone will vote for bonds that will cause your Property Tax to increase.
Then you have the lazy County Tax Assessment that can increase X% by law each year and then you get hit with a bigger increase about every 4-5 years once the lazy County Tax Assessor finally get around to seeing how nice you have worked on your house improvements over the years.

Property Tax can also be increased by city bonds for Capital improvements for that City. Sewer and or water line repairs, street repairs and more are part of that Capital Improvements that I have seen down in the Lawton area.

So there is something to look at before buying a house, what county is it in and what bonds are part of the assessment of the property tax and when would they expire (like the school systems or City would let this happen)
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Old 02-27-2019, 09:28 PM
 
Location: OKIE-Ville
5,369 posts, read 7,549,176 times
Reputation: 3012
Quote:
Originally Posted by eddie gein View Post
The eastside "crime" thing is ridiculous. Most of the "crime" comes out of the section 8 apartments scattered all over the east side of town. There are a couple of neighborhoods that are a little bit run down and sketchy but there is not a single place in Norman that I would be afraid to live concerning "crime". And in fact there are some pretty nice neighborhoods in the east side close to the less desirable ones.

In general though the area that is considered "bad" is the areas bounded by 12th street to the west, Alameda to the north, Lindsey to the south and Vicksburg to the west.

I feel the same way as you.

When I lived in Boston I saw some high crime areas. Nothing I've been exposed to in the Southwest/South-Central comes close to that.
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Old 02-28-2019, 03:03 PM
 
Location: Oklahoma
6,138 posts, read 5,836,115 times
Reputation: 5386
Quote:
Originally Posted by Bass&Catfish2008 View Post
I feel the same way as you.

When I lived in Boston I saw some high crime areas. Nothing I've been exposed to in the Southwest/South-Central comes close to that.
Yep,

They nicknamed the east side "Nompton" as a joke. But some people took it seriously and actually believe it's nothing but gangsters over there. In reality, you can get a lot better deal per square foot over there. .

To me the only real advantage of the west side is that for the most part you can get to OKC more quickly.
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Old Yesterday, 01:12 PM
 
5 posts, read 165 times
Reputation: 13
Hello! I am new to this board. I too am considering a move to Oklahoma from Texas, I am currently north of Dallas in Denton County and the property taxes are killing me! I am retired so income taxes woulld be minimal and I understand Oklahoma doesn't tax social security benefits. I have been searching for a 55+ community in Oklahoma but they are few and far between. I am a young retiree, will be 64 in a few weeks but anyone know where retired people live? Thanks!
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