Quote:
Originally Posted by VitaBene
I understand that the view from a property may affect the property value, however, you can only really be taxed on the property that you own. We have seen enough discussions on this forum about who owns the water on the Lake to know that the taxpayers of NH do. Many of us have had neighbors whom have negatively impacted our views (and in our minds the value) from our windows, but the tax man doesn't care!
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Yes, you can "only be taxed on the property that you own." But you are taxed on the fair market value of that property.
If that value is increased because of the location, view, frontage, topography, or whatever, that will be reflected in the taxable value. There is no "view tax" or "waterfront tax" but if your property is more valuable because of these things it's assessed value, and tax bill, will be higher. It is very simple.