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Old 06-02-2014, 08:08 PM
 
13 posts, read 14,173 times
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I see all these posts and internet articles about how high the property taxes are but ive viewed 40+ homes on a realtor website. Most houses ive seen the taxes are below 600.00 dollars a year. I see people claiming 4-12,000 dollars a year for taxes. All of the houses I have looked at were between 100,000 and 200,000 with a few random ones above 300,000 and even those were only a little more than 1,000 a year.

example
2574 Stage Rd, Benson, VT 05743 - Home For Sale and Real Estate Listing - realtor.com®
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Old 06-02-2014, 08:30 PM
 
2,100 posts, read 2,159,823 times
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median property taxes in Benson VT are $1250...
....................................Rutland VT are $3500
....................................Middlebury VT are $5068
....................................St Johns bury VT are $2772
....................................Barre VT are $3,212
....................................Burlington VT are $3,995
....................................White River Junction are $3,514
....................................Brattleboro VT are $3,908
....................................Bennington VT are $2,929
....................................Montpelier VT are $4,316

Add that to the high electricity rates in VT, and the high heating costs..I don't see it being a viable place for folks on a tight budget. Realtor dot com, does not show the actual property tax figures in VT under property history.
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Old 06-02-2014, 09:05 PM
 
13 posts, read 14,173 times
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I have not seen any house listed under 150,000 dollars in vermont with taxes higher than 1,000 dollars. Those numbers you posted are cheap compared to where I live now. NY
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Old 06-02-2014, 10:19 PM
 
Location: VT; previously MD & NJ
2,212 posts, read 1,352,704 times
Reputation: 6354
Quote:
Originally Posted by jasonhpi View Post
I see all these posts and internet articles about how high the property taxes are but ive viewed 40+ homes on a realtor website. Most houses ive seen the taxes are below 600.00 dollars a year. I see people claiming 4-12,000 dollars a year for taxes. All of the houses I have looked at were between 100,000 and 200,000 with a few random ones above 300,000 and even those were only a little more than 1,000 a year.

example
2574 Stage Rd, Benson, VT 05743 - Home For Sale and Real Estate Listing - realtor.com®
I have noticed the taxes shown on Realtor.com for VT are almost always wrong. Go to the town's website and see if they have a property tax database. Also, look at this report for info on VT taxes

http://www.vermontrealestatetoday.co...tate-taxes.pdf

There is a chart showing the tax rate for each town. Also take note of the tax pre-bates if your income falls into certain categories.
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Old 06-03-2014, 03:40 AM
 
Location: Live - VT, Work - MA
819 posts, read 1,270,711 times
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Make sure they aren't quoting the taxes paid by the existing owner with relief based on income.

Just do the math off the charts......
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Old 06-03-2014, 04:59 AM
 
Location: in a cabin overlooking the mountains
3,079 posts, read 3,724,441 times
Reputation: 2253
Quote:
Originally Posted by Logs and Dogs View Post
Make sure they aren't quoting the taxes paid by the existing owner with relief based on income.

Just do the math off the charts......
^^^^^^^ This.

When you sell a home, the real estate agent may well ask the question, "What did you pay in property taxes last year?" and not "What are the annual property taxes?" I also would put it past some real estate agents to use the lower numb er as a selling point. If you are really interested, ask to see the tax bill or call the town office.
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Old 06-03-2014, 10:25 AM
 
Location: Vermont
5,439 posts, read 14,789,975 times
Reputation: 2630
another thing is some towns assessments are from peak years like 2006 or something. i was looking at a house that was assessed at 450k and it was realistically a 275k at best house... the taxes were like $7500.

i'd say based on a realistic assessment, that chart works pretty close for me .
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Old 06-03-2014, 12:40 PM
 
Location: Inis Fada
16,833 posts, read 29,141,302 times
Reputation: 7397
I wish I were paying under $1K a year! Between school and property taxes combined I am in the mid $4K range. The grand list was reassessed in 2007/2008 and at that time, I had grieved my assessment as it was higher than what the house was worth. If I hadn't, I would be paying about $1K more than I currently do.

Taxes (property and school) on my house in NY are much higher, but for that money I have garbage collection, street lights on all roads and paved roads, in addition to municipal water and county police. A percentage of the school tax also pay for the public library.
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Old 06-03-2014, 01:05 PM
 
Location: The Woods
16,964 posts, read 22,282,742 times
Reputation: 9090
Do a search on nneren.com and look at some properties and you'll see the taxes are a bit higher than you think.
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Old 06-03-2014, 02:41 PM
 
809 posts, read 679,007 times
Reputation: 1333
As they cannot wreak vengeance on the discomforts imposed by Mother Nature, people like to complain about taxes. At the same time, the Vermont legislature when dealing with taxation behaves like a debutante who believes her boy friend is the only man in the world and that he will leave her if she does not ***** for him.

The property tax originated back when ownership of real estate indicated possession of capital. However, although the definition of property has evolved, taxation has not, and this has resulted in some $32 billion in private property owned by full- and part-time Vermonters being exempted from any taxation whatsoever. Since this property is largely held by the one percent, don't expect things to change. The situation is the same in all other states.
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