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Old 10-30-2007, 04:43 AM
 
5,617 posts, read 13,754,168 times
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Took a ride to Hadley MA, and decided to go home the long way thru rt 12 and 100 to route 7 and back to the ADK's (home for me). Well let me just say I was blown away how beautiful the lower half between battleboro and bennington Vt . I was by Mount Snow and there were all these great little house nice and spotless in the woods with nices views off route 100. Here is the first question, how much are the property taxes? I mean are they that outragous? Then went up route 7 and saw Rutland VT. Now I have read there is nothing there, did not seem that way to me. Route 7 was loaded with stores and shops and all sorts of things so why do they say Rutland has nothing. Last question are these homes off route 100 by mount snow second homes? Thanks ITs a great area!!!!
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Old 10-30-2007, 05:58 AM
 
111 posts, read 503,539 times
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Stevemorse-

I think property taxes are outragous. Vermont is ranked 8th in the nation for highest property taxes. Out of 50 states, that's pretty bad. I live in Milton Vermont. We live in a small, old 1300 sf. home with 1/2 acre lot and we pay $3,000/yr. Add a heating oil bill of over $2,000/yr, high electricity rates and a state income tax and your talking about a lot of money spent just to live.
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Old 10-30-2007, 06:06 AM
 
Location: Western views of Mansfield/Camels Hump!
1,942 posts, read 3,234,865 times
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I think where in the state you live definitely has a huge impact on the taxes...all of Vermont is definitely expensive, but the tourist/resort areas are definitely much more expensive than smaller local towns...I think anything around Mt. Snow will be on the high side.

As an example (to add to Mary's), we own a 700 square foot one bedroom condo in Stowe...our taxes are $2200 a year. When we bought the place they were $1000 less - once they did the town reassessment, we got hit hard...we also pay more than some of the other one bedrooms because we have a view.

I have heard the view thing can really be an issue - I know of one gentleman in the Mad River Valley who bought his property - 35 acres with the most amazing view - if it hadn't been a farm, his taxes would have been $25K a year, some of that dictated by his view...he has kept it as a working farm, so his taxes I think are "only" $11K.
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Old 10-30-2007, 07:16 AM
 
Location: Vermont
3,329 posts, read 8,780,741 times
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We own a 3bdrm cape on 5 acres and we pay about $3500/year. If you buy in a resort town with inflated values, your taxes are going to cost more. We live in a "normal" town....whatever that means LOL.
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Old 10-30-2007, 04:03 PM
 
5,617 posts, read 13,754,168 times
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Thanks all!! So there is a view tax in Vermont?
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Old 01-10-2008, 11:46 AM
 
Location: middle of NJ
72 posts, read 193,857 times
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I own a house on lake bomoseen. it has a great view. the house is around 1800 sqft 3 br 1 bath and our taxes are 3200 for the house and 400 for the lake lot.(two separate lots)I have a 2700 sqft house in NJ and we payed 4800 in 2003 and now pay 6300. just to give you some persective.
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Old 01-12-2008, 07:17 PM
 
79 posts, read 286,447 times
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Quote:
Originally Posted by vter View Post
We own a 3bdrm cape on 5 acres and we pay about $3500/year. If you buy in a resort town with inflated values, your taxes are going to cost more. We live in a "normal" town....whatever that means LOL.
That's really not too bad. We live in Rutland. We have a 3 bdrm raised ranch - about 1600 sq ft on .25 acres and pay $3,485 in property taxes per year. Add in the highest income taxes in the country, cost of fuel, higher grocery prices, and low pay and Vermont is a pretty oppressive place to live.
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Old 01-12-2008, 08:57 PM
 
29 posts, read 83,039 times
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Vermont's taxes are high but not as high as New York State (in general) However, real estate is slightly more expensive than most Upstate areas. You pay for what you get and Vermont is a very nice place to live.
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Old 01-15-2008, 10:52 AM
 
Location: middle of NJ
72 posts, read 193,857 times
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compared to NJ , vermont is cheaper.
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