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Originally Posted by upthesaukee
... My 10 room house off the lake, with a nice view of the woods that surround my house, would be worth at least ten times my current value if it was on the water. I would likewise expect that my taxes to be considerably higher.
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if you turn this around, it illustrates an interesting concept to ponder: why does the same house, presumably creating the same burden on the town's infrastructure (ie schools, fire/police, etc), have to pay 10x the revenue to the coffers because it happens to sit next to a lake? There has to be some allocation, and the one that was settled upon was the 'value' of the property - but that can have little linkage, in terms of fairness, to the burden said property has on the town. A lakefront 2 BR, 600 ft^2 seasonal house with no permanent residents, no kids in school, etc may well owe more in taxes than the 10 room house off-lake cited above.. Is that fair? maybe it is, maybe it isn't